Global Marine Oil fired Boiler Market by Type (Low Pressure Boilers, High Pressure Boilers), By Application (For Civilian, For Military) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Marine Oil Fired Boiler Market size is expected to grow at a CAGR of 3.1% during the forecast period, which is in line with its historical growth rate. This market size was valued at USD 1,022 million in 2018 and it is projected to reach USD 1,267 million by 2028. The market has been primarily driven by factors such as increasing demand for maritime transport and oil-fired boilers being an affordable option for ship owners when compared to diesel engines due to lower fuel costs.
Marine Oil Fired Boiler is a type of boiler that uses fuel oil to generate heat energy for the production and use of steam. The marine oil-fired boilers are generally used in ships, locomotives, or stationary power plants on land. They usually have low-pressure boilers with a water-tube system. Oil fired boiler is widely used for marine civil vessels as well as military ships because of its advantages such as environmental protection, high efficiency, low operation costs.
On the basis of Type, the market is segmented ented into Low-Pressure Boilers and High-Pressure Boilers. Among these, the market of low-pressure boiler dominates the total market revenue in terms of value during the forecast period.
Low-Pressure Boilers:
A low-pressure boiler is a type of boiler where the pressure inside does not exceed 15 pounds per square inch (0.03 MPa) at operating temperature. Low-pressure boilers are typically used for residential heating systems and commercial water heaters, though they have been replaced in recent years by medium- or high-temperature boilers because their efficiency or capacity was limited when compared to higher performance models.
Low-Pressure Boilers can be categorized into two subtypes: "troughed" and "smoothbore". The former term refers to those boilers that use a tube bundle with individual tubes running parallel from front to back while the latter refers to those boilers that use a tube bundle with individual tubes running in an arc from one side of the boiler to the other. Low-pressure boilers are mainly used for civilian purposes and the pressure on this type of boiler is less than high-pressure boilers. Low-Pressure Boilers which include one-pass tubular, two-pass tubular, etc.,
High-Pressure Boilers:
A high-pressure boiler is a type of boiler where the pressure inside exceeds 15 pounds per square inch (0.03 MPa) at operating temperature or when steam production has been cut off by closing the throttle valve on top of it. High-pressure boilers can operate more efficiently than low-pressure models because they reduce heat losses while transferring heat into the water for generating steam. High-Pressure Boilers include HMT, DxT, etc.
On the basis of Application, the market is segmented into For Civilian and For Military. The civilian application includes the following: Aerospace, Marine and Offshore Industries, Electrical Power Generation (Cogeneration), etc.
Military Application can be classified as follows-For Navy Ships (Destroyers, Aircraft Carriers) For Army Vehicles (Armored Fighting Vehicle), For Airforce Planes & Helicopters(Transport Aircrafts).
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. In the United States of America (USA), a high percentage of homes have boilers installed for heating purposes which are fueled by oil. There has been an increase in this type of boiler installation among commercial establishments as well because these devices offer greater efficiency than gas-fired heaters do.
Brazil has more number installations in Marine Oil Fired Boiler Market followed by France and Russia respectively. India holds the second position with respect to Naval Vessels while it's third when it comes to Army Vehicles both globally and locally too whereas China dominates the Airforce Aircraft's manufacturing industry worldwide.
Growth Factors for The Marine Oil Fired Boiler Market:
The global marine oil-fired boiler market is estimated to grow significantly by 2028. The growth of this market is attributed to the increased demand for clean and efficient fuels from end-users, which has led them to switch over to more eco-friendly sources such as LNG or hybridization. However, these technologies are expensive in comparison with other conventional fuel options, thereby restricting their users globally. Moreover, high prices of natural gas owing to its low availability have also been a major factor restraining the growth of the marine oil-fired boiler markets across various regions.
Up Market Research published a new report titled “Marine Oil fired Boiler Market research report which is segmented by Types (Low Pressure Boilers, High Pressure Boilers), By Applications (For Civilian, For Military), By Players/Companies Alfa Laval, SAACKE GmbH, Johnston Boiler, Mitsubishi Heavy Industries, Miura America, Supreme Boilers, Osaka Boiler Mfg, Volcano, Qingdao Kainon Boiler, Kawasaki Heavy Industries, Suzhou Hailu Heavy Industry, Hurst Boiler & Welding”.
Report Scope
Report Attributes | Report Details |
Report Title | Marine Oil fired Boiler Market Research Report |
By Type | Low Pressure Boilers, High Pressure Boilers |
By Application | For Civilian, For Military |
By Companies | Alfa Laval, SAACKE GmbH, Johnston Boiler, Mitsubishi Heavy Industries, Miura America, Supreme Boilers, Osaka Boiler Mfg, Volcano, Qingdao Kainon Boiler, Kawasaki Heavy Industries, Suzhou Hailu Heavy Industry, Hurst Boiler & Welding |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 227 |
Number of Tables & Figures | 159 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Marine Oil fired Boiler Market Report Segments:
The market is segmented by Type Low Pressure Boilers, High Pressure Boilers and By Application For Civilian, For Military.
Some of the companies that are profiled in this report are:
- Alfa Laval
- SAACKE GmbH
- Johnston Boiler
- Mitsubishi Heavy Industries
- Miura America
- Supreme Boilers
- Osaka Boiler Mfg
- Volcano
- Qingdao Kainon Boiler
- Kawasaki Heavy Industries
- Suzhou Hailu Heavy Industry
- Hurst Boiler & Welding
Marine Oil fired Boiler Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Marine Oil fired Boiler Market
Overview of the regional outlook of the Marine Oil fired Boiler Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Marine Oil fired Boiler Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Marine Oil fired Boiler Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Low Pressure Boilers
2. High Pressure Boilers
7. By Application:1. For Civilian
2. For Military
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Marine Oil fired Boiler Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Marine Oil fired Boiler Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Marine Oil fired Boiler Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Marine Oil fired Boiler Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Marine Oil fired Boiler Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Marine Oil fired Boiler Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Marine Oil fired Boiler Market Size & Forecast, 2018-2028
4.5.1 Marine Oil fired Boiler Market Size and Y-o-Y Growth
4.5.2 Marine Oil fired Boiler Market Absolute $ Opportunity
Chapter 5 Global Marine Oil fired Boiler Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Marine Oil fired Boiler Market Size Forecast by Type
5.2.1 Low Pressure Boilers
5.2.2 High Pressure Boilers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Marine Oil fired Boiler Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Marine Oil fired Boiler Market Size Forecast by Applications
6.2.1 For Civilian
6.2.2 For Military
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Marine Oil fired Boiler Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Marine Oil fired Boiler Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Marine Oil fired Boiler Analysis and Forecast
9.1 Introduction
9.2 North America Marine Oil fired Boiler Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Marine Oil fired Boiler Market Size Forecast by Type
9.6.1 Low Pressure Boilers
9.6.2 High Pressure Boilers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Marine Oil fired Boiler Market Size Forecast by Applications
9.10.1 For Civilian
9.10.2 For Military
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Marine Oil fired Boiler Analysis and Forecast
10.1 Introduction
10.2 Europe Marine Oil fired Boiler Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Marine Oil fired Boiler Market Size Forecast by Type
10.6.1 Low Pressure Boilers
10.6.2 High Pressure Boilers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Marine Oil fired Boiler Market Size Forecast by Applications
10.10.1 For Civilian
10.10.2 For Military
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Marine Oil fired Boiler Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Marine Oil fired Boiler Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Marine Oil fired Boiler Market Size Forecast by Type
11.6.1 Low Pressure Boilers
11.6.2 High Pressure Boilers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Marine Oil fired Boiler Market Size Forecast by Applications
11.10.1 For Civilian
11.10.2 For Military
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Marine Oil fired Boiler Analysis and Forecast
12.1 Introduction
12.2 Latin America Marine Oil fired Boiler Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Marine Oil fired Boiler Market Size Forecast by Type
12.6.1 Low Pressure Boilers
12.6.2 High Pressure Boilers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Marine Oil fired Boiler Market Size Forecast by Applications
12.10.1 For Civilian
12.10.2 For Military
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Marine Oil fired Boiler Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Marine Oil fired Boiler Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Marine Oil fired Boiler Market Size Forecast by Type
13.6.1 Low Pressure Boilers
13.6.2 High Pressure Boilers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Marine Oil fired Boiler Market Size Forecast by Applications
13.10.1 For Civilian
13.10.2 For Military
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Marine Oil fired Boiler Market: Competitive Dashboard
14.2 Global Marine Oil fired Boiler Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alfa Laval
14.3.2 SAACKE GmbH
14.3.3 Johnston Boiler
14.3.4 Mitsubishi Heavy Industries
14.3.5 Miura America
14.3.6 Supreme Boilers
14.3.7 Osaka Boiler Mfg
14.3.8 Volcano
14.3.9 Qingdao Kainon Boiler
14.3.10 Kawasaki Heavy Industries
14.3.11 Suzhou Hailu Heavy Industry
14.3.12 Hurst Boiler & Welding