Superheater Market Research Reveals Enhanced Growth During The Forecast Period, 2030
Superheater
Market Overview:
Superheater Market is
projected to be worth USD 6.73 billion by 2027, registering a CAGR of 5.49%
CAGR during the forecast period (2021 - 2027).
A superheater is a component of a boiler system that heats the steam
produced above its saturation temperature to prevent it from condensation.
Superheater also helps to improve the efficiency of a steam engine. There are
three types of superheaters- radiant, convection, and combined. A superheater
can vary in size from a few tens of feet to several hundred feet.
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Region-wise, Asia-Pacific held the largest market share of the global
superheater market in 2018. It is estimated that Asia-Pacific would be the
fastest growing market during the forecast period, mainly due to the growing
demand for power and rising investments in constructing new power generation
plants. China is expected to lead the Asia-Pacific superheater market during
the forecast period and is projected to grow at the highest CAGR from
2018–2023. The market in China and India are projected to be among the
fastest-growing economies during the forecast period. These countries are
estimated to account for nearly 70% of all the proposed thermal power capacity
addition during the same period. All these factors are likely to drive the
superheater market, as superheaters are an integral part of power generation
plants.
On the basis of type, the global market has been segmented as radiant
superheaters, convection superheaters, and combined superheaters. The radiant
superheater segment is expected to dominate the market. On the basis of
application, the global market has been segmented as power generation,
industrial, oil & gas, and others. The power generation segment is expected
to dominate the market and also expected to grow at the highest CAGR.
Scope
of the Report:
This report provides an in-depth analysis of the global superheater
market, tracking three market segments across five geographic regions. The
report studies key players, providing a five-year annual trend analysis that
highlights market size, and share for North America, Asia-Pacific (APAC),
Europe, the Middle East & Africa, and South America. The report also
provides a forecast, focusing on the market opportunities for the next five
years for each region. The scope of the study segments the
global superheater market by its type, application, and region.
MARKET
SEGMENTATION
BY TYPE
· Radiant Superheaters
· Convection
Superheaters
· Combined Superheaters
BY APPLICATION
· Power Generation
· Industrial
· Oil & Gas
· Others
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GLOBAL
SUPERHEATER MARKET SHARE, BY REGION, 2017
- North America:
- Europe:
- Asia-Pacific:
- Rest of the World (RoW):
KEY
COMPANIES PROFILED
- National Boiler Service
- Chromalox
- Optimus Industries
- Birwelco
- Alfa Laval
- Sussman Electric Boilers
- Watlow
- KNM Group
- Sandvik AB
- VPI Acquisition Company LLC
- Maarky Thermal Systems Inc.
- Uchino Co.Ltd.
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