Boiler Control Solutions Market: Overview
- Boiler or a steam generator is a closed vessel in which fluid, usually water, is heated. It is utilized to heat and produce hot water or steam through the combustion of a fuel or through the action of electrodes or electric resistance elements. Many commercial and industrial facilities use boilers to produce steam or hot water for space heating or for process heating. Boilers require large amounts of energy.
- It is vital to know what key parameters of a boiler system are important. Combustion efficiency is a major parameter of interest for fossil fuel-fired boilers. Combustion efficiency is often controlled by providing the optimum amount of combustion air that is mixed with the fuel. Thus, understanding boiler control systems is pivotal. Steam and hot water boilers are available in standard sizes from very small boilers for apartments and residences to large boilers for commercial and industrial use.
Key Drivers and Restraints of Boiler Control Solutions Market
- Boiler control solution eliminates costly on-off cycles and improves turndown ratios, thus saving operational expenditure and increasing the life of the boiler. Rise in need for operational optimization and usage of efficient control solutions is expected to drive the boiler controls solutions market in the next few years. However, high investment costs as compared to that of a traditional boiler setup is likely to restrain the boiler control solutions market.
Global Boiler Control Solutions Market: Segmentation
- The global boiler control solutions market can be segmented based on type, application, control solution, and component
- Based on type, the boiler control solutions market can be bifurcated into fire-tube boilers and water-tube boilers. The water-tube boilers segment dominated the boiler control solutions market in 2020.
- In terms of application, the boiler control solutions market can be divided into industrial and commercial. The industrial segment of the global boiler control solutions market is expected to expand at a fast pace during the forecast period.
- In terms of control solution, the market can be segregated into (on/off) cycling controls, high/low fire controls, and modulating controls. Cycling control maintains the temperature of the boiler. It is placed between the thermostat and the gas valve unit. The oil or gas burner cycles on and off to maintain steam pressure or water temperature. High-fire/low-fire burners provide fewer off-cycle losses, as the burner shuts off only when loads are below the low-fire rate of fuel input. Modulating control is used in large boilers as it has the ability to adjust the output to match the load whenever the load is greater than the low-fire limit, which is usually not less than 15% of the full load capacity.
- In terms of component, the boiler control solutions market can be categorized into hardware, software, and services. The combination of hardware and software is referred as services. Several companies offer these optimized services, i.e. a mix of software and hardware solutions, to end-user industries.
Global Boiler Control Solutions Market: Regional Segmentation
- In terms of region, the global boiler control solutions market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America is one of the key regions of the global boiler control solutions market. The region has high number of industries and is significantly expanding power generation through renewables. This is boosting the demand for boiler control solutions in the region.
- Countries in Asia Pacific such as India, China, and Japan are investing significantly in power generation owing to rising urbanization and proliferation of electrification. The region consists of many developing countries, which are experiencing high growth in their industrial sectors.
- Europe is a highly lucrative region of the market. It is expected to offer several growth opportunities to market players during the forecast period. The boiler control solutions market in the region is likely to expand at a low to moderate pace during the forecast period. Rise in demand for renewable-based power generation is expected to boost the demand for boiler controls solutions in in Europe, especially in Russia & CIS, Germany, the U.K., and Italy.
COVID-19 Impact on Global Boiler Control Solutions Market
- The COVID-19 pandemic has adversely affected the global boiler control solutions market. Manufacturing and power sector activities across the globe suffered temporary shut down during the lockdowns. Measures such as social distancing also impacted operations. However, demand recovery in manufacturing as well as power sector after lockdowns is likely to boost the boiler control solutions market in the near future.
Key Players in Market
The global boiler control solutions market has a highly competitive landscape. It is dominated by the presence of various prominent players across the globe. Prominent players operating in the boiler control solutions market include:
- ABB Ltd
- Honeywell International Inc
- Schneider Electric SE
- Bosch Ltd
- Yokogawa Electric Corporation
- Cleaver-Brooks.Inc
- Emerson Electric Co
- Weil-McLain (Shandong) Cast-Iron-Boiler Co., Ltd
- Siemens AG
- HBX Control Systems Inc
- Spirax-Sarco Engineering plc
Global Boiler Control Solutions Market: Research Scope
Global Boiler Control Solutions Market, by Type
- Water Tube Boiler
- Fire Tube Boiler
Global Boiler Control Solutions Market, by Application
Global Boiler Control Solutions Market, by Control Solution
- (On/Off) Cycling Controls
- High/Low Fire Controls
- Modulating Controls
Global Boiler Control Solutions Market, by Component
- Hardware
- Software
- Services
Global Boiler Control Solutions Market, by Region
- North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Russia & CIS
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
