Global Power Boiler Market 2017-2021 - Adoption of HRSG and CFB in Power Production

The global power boiler market to grow at a CAGR of 3.84% during the period 2017-2021.

Global Power Boiler Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is need for energy efficiency. Efficiency is one of the most desired factors in the energy sector to address the depleting sources of conventional energy and address the growing demand for electricity. By achieving greater levels of efficiency, higher power output is generated with the same amount of resource and without additional harmful emissions.

According to the report, one driver in the market is deregulation of the power market. The electrical grid is a complex and dynamic interconnected system comprised of power generating plants, transmission lines, and a distribution network. Earlier, an electrical grid was largely managed and maintained by a single entity, which created a monopolistic market scenario, making it impossible for anyone to foray into the power and distribution market. To prevent the abuse of monopoly position, the power and distribution market was deregulated to induce a sense of competition and to improve the services to the end-users.

Further, the report states that one challenge in the market is restrictions on carbon emissions. Government bodies worldwide are implementing measures to reduce GHG emissions from energy-related activities. Amid international agreements such as Kyoto Protocol, the foothold of coal-powered electricity generation in the global energy mix, which was once firm is turning precarious. Agencies such as EPA, the Intergovernmental Panel on Climate Change, and the Climate Change Act of 2008 have laid down targets for reducing emissions. For instance, the US, the UK, and China have laid down restrictions on CO2 emissions from new coal power plants.

Key vendors

Other prominent vendors

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by fuel type

PART 07: Geographical segmentation

PART 08: Decision framework

PART 09: Drivers and challenges

PART 11: Vendor landscape

PART 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/hz4ppt/global_power

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