ボイラーのインド市場の評価：燃料別、タイプ別、最終用途別、地域別、機会、予測（2017年度～2031年度）

インドのボイラーの市場規模は、2023年度の11億2,000万米ドルから2031年度までに19億5,000万米ドルに達し、2024年度～2031年度の予測期間にCAGRで7.18%の成長が予測されています。市場の主な促進要因の1つは、同国のエネルギー需要の急拡大です。人口の拡大と工業化の加速に伴い、発電に対する大きな需要が生じています。

当レポートでは、インドのボイラー市場について調査分析し、市場規模と予測、市場力学、主要企業の情勢と見通しなどを提供しています。

目次

第1章 調査手法

第2章 プロジェクトの範囲と定義

第3章 インドのボイラー市場に対するCOVID-19の影響

第4章 ロシア・ウクライナ戦争の影響

第5章 エグゼクティブサマリー

第6章 顧客の声

• 市場の認知度と製品情報
• ブランドの認知度とロイヤルティ
• ボイラーの購入と設置において考慮される要素
• 購入頻度
• 購入媒体

第7章 インドのボイラー市場の見通し（2017年度～2031年度）

• 市場規模と予測
  • 金額
  • 数量
• 燃料別
  • 天然ガス
  • 石炭
  • 石油
  • 木材
  • バイオマス
  • その他
• タイプ別
  • 煙管
  • 水管
  • 電気
  • その他
• 最終用途別
  • 商業
  • 工業
• 地域別
  • 北部
  • 東部
  • 西部・中部
  • 南部
• 市場シェア：企業別（2023年度）

第8章 市場マッピング（2023年度）

• 燃料別
• タイプ別
• 最終用途別
• 地域別

第9章 マクロ環境と業界構造

• 需給の分析
• サプライ/バリューチェーン分析
• PESTEL分析
• ポーターのファイブフォース分析

第10章 市場力学

• 成長促進要因
• 成長抑制要因（課題、抑制要因）

第11章 主要企業情勢

• マーケットリーダー上位5社の競合マトリックス
• マーケットリーダー上位10社のシェアと収益の分析（2023年度）
• 合併と買収/合弁事業（該当する場合）
• SWOT分析（市場参入企業5社向け）
• 特許分析（該当する場合）

第12章 価格分析

第13章 ケーススタディ

第14章 主要企業の見通し

• Thermax Limited
• BHEL (Bharat Heavy Electricals Limited)
• Mitsubishi Power India Private Limited
• Isgec Hitachi Zosen Ltd.
• Cheema Boilers Limited
• Forbes Marshall Pvt. Ltd.
• Agni Boilers Private Limited
• Thermodyne Engineering Systems
• Industrial Boilers Limited
• Southern Boilers and Equipment Pvt Ltd

第15章 戦略的推奨事項

第16章 当社について・免責事項

List of Tables

• Table 1. Pricing Analysis of Products from Key Players
• Table 2. Competition Matrix of Top 5 Market Leaders
• Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Boilers Market, By Value, In USD Billion, FY2017-2031F
• Figure 2. India Boilers Market, By Volume, In Unit Thousand, FY2017-2031F
• Figure 3. India Boilers Market Share, By Fuel, In USD Billion, FY2017-2031F
• Figure 4. India Boilers Market Share, By End-use, In USD Billion, FY2017-2031F
• Figure 5. India Boilers Market Share, By Type, In USD Billion, FY2017-2031F
• Figure 6. India Boilers Market Share, By Region, In USD Billion, FY2017-2031F
• Figure 7. By Fuel Map-Market Size (USD Billion) & Growth Rate (%), FY2023
• Figure 8. By End-use Map-Market Size (USD Billion) & Growth Rate (%), FY2023
• Figure 9. By Type Map-Market Size (USD Billion) & Growth Rate (%), FY2023
• Figure 10. By Region Map-Market Size (USD Billion) & Growth Rate (%), FY2023

India Boilers Market size was valued at USD 1.12 billion in FY2023, reflecting a robust growth trend that is projected to continue over the forecast period between FY2024 and FY2031. It is anticipated to reach USD 1.95 billion by FY2031, with a notable CAGR of 7.18% for the forecast period between FY2024 and FY2031. This growth trajectory can be attributed to a combination of factors that highlight the evolving energy landscape in India.

One of the primary drivers of the boilers market in India is the country's rapidly growing energy requirement. As the population expands and industrialization accelerates, there is a significant demand for power generation. The Ministry of Power has established a target for electricity generation in the year 2023-24, aiming to reach 1750 billion units (BU). This target represents a growth rate of approximately 7.2% compared to the actual generation of 1624.158 BU during the previous year (2022-23). Boilers play a vital role in meeting this energy demand, as they provide a reliable and efficient means of generating electricity. The need for cleaner and more sustainable power generation methods further amplifies the potential for the boilers market in the country.

Moreover, the rising number of large commercial spaces in India has contributed to the surge in boiler installations. These spaces, including office buildings, shopping malls, and hotels, rely on boilers for heating, hot water supply, and other essential operations. The increasing presence of chemical industries in the country also drives the demand for boilers, as they are integral to various manufacturing processes.

Government Initiatives

India government's initiatives and subsidiaries aiming at promoting environmentally friendly power generation have been instrumental in propelling the boilers market. The emphasis on reducing carbon emissions and transitioning to renewable energy sources has incentivized the adoption of cleaner and more efficient boiler technologies. This has created a favorable environment for market growth, as businesses and industries seek to align with sustainability goals and regulatory requirements.

Additionally, India is shifting the focus towards renewable energy sources such as biomass, solar thermal power plants which will rise the requirements for boiler in the India market. Initiatives like "Make in India" and "Atmanirbhar Bharat" encourages the manufacturing of boilers further strengthening the market of boilers in India. However, the Indian government has issued a draft notification to tighten the norms of industrial boilers and offered new standards for various sizes.

Expanding Chemical Industrial Activities

Boilers play a pivotal role in the chemical industry, serving multiple purposes such as power production, steam generation, and heat transfer. In the context of power generation, boilers are crucial in converting various energy sources into electricity, supporting the energy-intensive operations of chemical plants. Additionally, boilers are utilized for steam generation, a fundamental requirement in numerous chemical processes, enabling efficient production and facilitating essential reactions. Moreover, boilers serve as effective heat transfer mechanisms, facilitating the controlled application of heat in chemical operations, such as distillation and reaction processes. In the upcoming years, the chemical industry is estimated to increase at a rate of above 10-13% due to a growing market and consumer power. The end-user demand for paints, textiles, adhesives, and construction is being fueled by rising disposable incomes and rising urbanization, which creates a significant growth opportunity for chemical firms in the Indian market. Thus, the growing chemicals industry augments the demand for boilers for manufacturing different chemicals, thereby amplifying the market growth.

Strong Commercial Construction

Boilers are crucial in providing hot water and meet the heating requirement in several commercial spaces like hotels, shopping malls, offices, educational institutes and schools. The rapid urbanization and rise of commercial infrastructure in the India market are rising the demand of Boilers in the country.

For instance, the establishment of the National Infrastructure Pipeline (NIP) on December 31, 2019, has set up a cost of Rs. 103 trillion (USD 1.4 trillion), highlighting the government's commitment to infrastructure spending. It consists of more than 6500 projects, including those for housing, clean water, affordable access to energy, healthcare for all, top-notch educational facilities, contemporary train stations, airports, bus terminals, metro and railway transportation, logistics and warehousing, irrigation projects, etc. Hence, to power new commercial infrastructure, there would be a substantial requirement for boilers for various applications in the coming years. By March 2020, 48 airports and 266 routes have been operationalized under the regional connectivity scheme UDAN and by 2024, another 100 airports have been planned.

Impact of COVID-19

COVID-19 had a notably negative impact on the India Boiler market due to various factors brought on by the pandemic such as supply chain disruption, delayed capital investments, cancellation of projects and minimized industrial activities in India. The financial tightness coupled with uncertainty in the India market led to postponing of projects and a decline in demand for new boilers in various industries. The COVD-19 disrupted the supply chain in India raising the cost of boilers, tightening supply of few boiler components and weaking the buying sentiment for boilers in the country. Pandemic-induced lockdowns limited industrial activities further impact the demand for boilers in India.

Impact of Russia-Ukraine War

In the wake of the conflict in the East European region, the India government emphasized self-reliance and promoted domestic manufacturing of boilers. The increased supply of feedstock crude oil from Russia as several European countries enforced ban on Russian imports helped the countries domestic manufacturing of boilers. However, decisions regarding investments in boilers were influenced by the war, as the conflict caused fluctuating energy prices impacting the operation costs in industries relying on boilers for energy generation. The disrupted supply chains of boilers component and equipment caused by the Russia-Ukraine war delayed the manufacturing and impacted the availability of boilers in India.

Key Players Landscape and Outlook

The outlook for Boilers in the India market is highly positive, thanks to the government initiatives to increase the commercial infrastructure, and improve chemical sector. The growing energy requirement coupled with the shift of consumers towards sustainable energy sources strengthens the demand of Boilers in the India market even more.

Leading companies are leveraging this opportunity to offer innovation and technological advancement to meet India's evolving boiler needs. For small-scale boilers, Siemens offers a recently created program that supports operation with hydrogen. It enables OEMs to create cutting-edge, approachable solutions that satisfy future energy needs and are prepared for the gradual shift to a pure hydrogen (H2) market.

In August 2022, Th ermax introduced a multi fuel boiler solution those industrial users who want to switch to a greener alternative owing to cost and environmental factors.

Table of Contents

1. Research Methodology

2. Project Scope & Definitions

3. Impact of COVID-19 on India Boilers Market

4. Impact of Russia-Ukraine War

5. Executive Summary

6. Voice of Customer

• 6.1. Market Awareness and Product Information
• 6.2. Brand Awareness and Loyalty
• 6.3. Factors Considered in Purchasing and installation of Boilers
  • 6.3.1. Brand Name
  • 6.3.2. Efficiency rate/Grade
  • 6.3.3. Pricing
  • 6.3.4. Quantity
  • 6.3.5. Maintenance/services
  • 6.3.6. Safety/ Risk factors
  • 6.3.7. Pain points of user
  • 6.3.8. User Licence/Certificate requirement
  • 6.3.9. No objection certificate or clearance from the Government
• 6.4. Frequency of Purchase
• 6.5. Medium of Purchase

7. India Boilers Market Outlook, FY2017-FY2031

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
  • 7.1.2. By Volume
• 7.2. By Fuel
  • 7.2.1. Natural Gas
  • 7.2.2. Coal
  • 7.2.3. Oil
  • 7.2.4. Wood
  • 7.2.5. Biomass
  • 7.2.6. Others
• 7.3. By Type
  • 7.3.1. Fire-Tube
  • 7.3.2. Water-Tube
  • 7.3.3. Electric
  • 7.3.4. Others
• 7.4. By End-use
  • 7.4.1. Commercial
  • 7.4.2. Industrial
    • 7.4.2.1. Chemicals and Petrochemicals
    • 7.4.2.2. Food and Beverage
    • 7.4.2.3. Pulp and Paper
    • 7.4.2.4. Metals and Mining
    • 7.4.2.5. Textiles
    • 7.4.2.6. Energy and Power
    • 7.4.2.7. Others
• 7.5. By Region
  • 7.5.1. North
  • 7.5.2. East
  • 7.5.3. West and Central
  • 7.5.4. South
• 7.6. By Company Market Share (%), FY2023

8. Market Mapping, FY2023

• 8.1. By Fuel
• 8.2. By Type
• 8.3. By End-use
• 8.4. By Region

9. Macro Environment and Industry Structure

• 9.1. Supply Demand Analysis
• 9.2. Supply/Value Chain Analysis
• 9.3. PESTEL Analysis
  • 9.3.1. Political Factors
  • 9.3.2. Economic System
  • 9.3.3. Social Implications
  • 9.3.4. Technological Advancements
  • 9.3.5. Environmental Impacts
  • 9.3.6. Legal Environment
• 9.4. Porter's Five Forces Analysis
  • 9.4.1. Supplier Power
  • 9.4.2. Buyer Power
  • 9.4.3. Substitution Threat
  • 9.4.4. Threat from New Entrant
  • 9.4.5. Competitive Rivalry

10. Market Dynamics

• 10.1. Growth Drivers
• 10.2. Growth Inhibitors (Challenges, Restraints)

11. Key Players Landscape

• 11.1. Competition Matrix of Top Five Market Leaders
• 11.2. Company Share and Revenue Analysis of Top Ten Market Leaders (in %, FY2023)
• 11.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
• 11.4. SWOT Analysis (For Five Market Players)
• 11.5. Patent Analysis (If Applicable)

12. Pricing Analysis

13. Case Studies

14. Key Players Outlook

• 14.1. Thermax Limited
  • 14.1.1. Key Management Personnel
  • 14.1.2. Products & Services
  • 14.1.3. Financials (As reported)
  • 14.1.4. Key Market Focus & Geographical Presence
  • 14.1.5. Recent Developments
• 14.2. BHEL (Bharat Heavy Electricals Limited)
• 14.3. Mitsubishi Power India Private Limited
• 14.4. Isgec Hitachi Zosen Ltd.
• 14.5. Cheema Boilers Limited
• 14.6. Forbes Marshall Pvt. Ltd.
• 14.7. Agni Boilers Private Limited
• 14.8. Thermodyne Engineering Systems
• 14.9. Industrial Boilers Limited
• 14.10. Southern Boilers and Equipment Pvt Ltd

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work

15. Strategic Recommendations

16. About Us & Disclaimer