Global Boiler Control Market Is Anticipated To Reach $4.68 Billion By 2032

Zion Market Research has published a new report titled “Boiler Control Market by Boiler Type (Water Tube Boiler and Fire Tube Boiler), by Component (Hardware, and Software), by Control Type (Modulating and On/Off), and By End-Use Industry (Industrial, Commercial, and Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032”. According to the report, the global boiler control market accounted for USD 2.72 Billion in 2023 and is predicted to grow to around USD 4.68 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.2% between 2024 and 2032.

Boiler control is a system that facilitates a boiler to fire and offers a set point to monitor operations, blending valves, pumps, and alarms. A boiler control is designed to work safely and efficiently by offering superior flexibility in plant management and control along with minimizing operating costs. These boiler control systems are utilized to maintain operational situations in industrial and commercial end-user industries.

Browse the full “Boiler Control Market by Boiler Type (Water Tube Boiler and Fire Tube Boiler), by Component (Hardware, and Software), by Control Type (Modulating and On/Off), and By End-Use Industry (Industrial, Commercial, and Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032” Report at https://www.zionmarketresearch.com/report/boiler-control-market

The global boiler control market is likely to experience significant growth in the future, owing to the increased power generation capacities of the power generation industry. The rising inclination toward boiler control due to its efficiency and declining production costs are expected to fuel the global boiler control market over the forecast time period. Rising R&D investments of innovative products with changing consumer demands are also expected to propel the global boiler control market in the years to come. However, the lack of standardization of protocols and huge costs of upgradation of aging power plants may hamper the global boiler control market development. Alternatively, the escalating demand for IoT and Industry 4.0 architecture by industries in emerging countries is likely to offer new market opportunities.

The global boiler control market is fragmented into boiler type, control type, component, and end-use industry. On the basis of boiler type, the global boiler control market includes fire tube boiler and water tube boiler. In 2018, the water tube boiler segment dominated the market and held a major share of the boiler control marker globally. By component, the global boiler control market includes hardware and software.

The software segment is projected to be the fastest growing in the boiler control market over the forecast timeframe. The control type segment includes modulating and on/off. Based on end-use industry, the global boiler control market is fragmented into industrial, commercial, and others. The industrial segment is anticipated to hold the largest share of the boiler control market over the forecast time period.

In 2018, Asia Pacific was the largest boiler control market globally. This growth can be mainly attributed to the rising urbanization and proliferation of electrification across the region. Moreover, the Asia Pacific region is anticipated to be the fastest growing market for boiler control over the next few years, owing to the increasing demand for boiler control especially from industrial and commercial end-use industries.

Boiler Control Market: Competitive Analysis

Some major players of the boiler control market are

• Siemens
• ABB
• Yokogawa
• Emerson
• Honeywell International
• Schneider
• Spirax-Sarco
• Cleaver-Brooks
• Burnham Commercial
• HBX Control
• Micromod Automation
• Weil-Mclain

This report segments the global boiler control market into:

Global Boiler Control Market: Boiler Type Analysis

• Water Tube Boiler
• Fire Tube Boiler

Global Boiler Control Market: Component Analysis

• Hardware
• Software

Global Boiler Control Market: Control Type Analysis

• Modulating
• On/Off

Global Boiler Control Market: End-Use Industry Analysis

• Industrial
• Commercial
• Others

Global Boiler Control Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

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