Market Overview:
The Global Boiler Control Market Size Was Valued at USD 2.11 Billion In 2022 And Is Projected to Reach USD 2.77 Billion By 2030, Growing at A CAGR of 3.7% From 2023 To 2030.
The boiler control is the system that controls directs, and operates the boiler. It gives you more control over how and where heat is spread. It gives the boiler the ability to heat the building evenly. The need to replace aging power plants in developing economies, the adoption of artificial intelligence, the integration of burner management systems for boiler process optimization, cumulative investments in renewable power generation plants, and the adoption of artificial intelligence are all driving factors for the boiler controls market. In developing economies, it is also necessary to replace old power plants. The system's overall heat transfer rates rise as a result of boiler management. In addition, it provides early warnings and maintenance services.
Top Key Players Covered In The Boiler Control Market:
- ABB (Switzerland)
- Emerson Electric (US)
- Fuji Electric (Japan)
- Honeywell (US)
- Robert Bosch (Germany)
- Woodward (US)
- Yokogawa (Japan)
- Siemens (Germany)
- Cleaver-Brooks (US)
- Schneider (France), and Other Major Players
Market Dynamics and Factors:
The advanced burner management system can monitor multiple aspects of boiler control, including stack temperature, usage hours, fuel consumption, and boiler efficiency, thanks to the increased prevalence of burner management systems. Because these systems simplify unit operations and speed up a unit startup, the demand for advanced burner control systems, which include operator displays and alarm management capabilities, is on the rise. The high-level diagnostics and administrator informing capacities of present-day frameworks permit organizations to decrease their significant investigating time.
Another factor contributing to the expansion of the boiler control market is the rising popularity of multi-fuel boilers. Fuel flexibility is becoming increasingly popular as the power generation and process industries strive to make the most of locally produced renewable biomass and recycled fuels. These fills are altogether less expensive than customary powers. This fuel is also encouraged by national government policies that reward efforts to reduce boilers' impact on the environment. Carbon credits or financial incentives make up these rewards. Control systems for such facilities are significantly more sophisticated and costlier. The European market exhibits this pattern. As a result, the market's major players' development of the multi-fuel boiler and growing trend present an opportunity.
Boiler Control Market Report Highlight:
- By Boiler Type, the Water Tube Boiler segment is anticipated to lead the growth of the Boiler Control market in the forecasted timeframe. Due to its higher operating pressure for steam generation, the water-tube boiler is utilized in numerous industries and for power generation. It is mostly used for power generation and heavy-duty industrial applications.
- By Control Type, the Modulating Control segment is expected to have the highest share of the Boiler Control market over the projected period. According to load demand, modulating control monitors and regulates the fuel and air supplied to the burner. The observing and controlling of heater activity need the support of equipment and programming. Software is used to remotely monitor and control boiler operation, and hardware detects boiler operation variation.
- By Component, the software segment is set to develop at the highest share during the forecasted timeframe. Software is used to monitor and control boiler operation remotely while hardware senses the variation in boiler operation. Boilers are majorly used in industry for several processes and power generation which are expected to offer a profitable market for the growth of the boiler control market.
- By End-Users, the Industrial segment is anticipated to dominate the Market over the Forecast period. The implementation of artificial intelligence in boiler control systems in the power sector to track parameters such as temperature, flame shape, and carbon footprint reduction are the primary driver of the industrial segment. Additionally, there is an increasing emphasis on replacing aging power plants with new, highly efficient control systems.
- The Asia Pacific region is expected to have the highest share of the Boiler Control market over the projected period. China, India, and Australia are the leading nations in the region. Their significant investments in the power generation and process industries are likely to contribute to the expansion of the Asia-Pacific boiler control market.
Key Industry Development:
In July 2023, Viessmann: Introduced its "Vitoguide" platform, offering remote access to boiler data and operational insights for homeowners and service technicians, simplifying remote troubleshooting and maintenance.
In February 2023, Siemens in a technological leap that promises to redefine efficiency in heating systems, Siemens proudly unveiled its "Desigo CC800" boiler control system in Boasting AI-powered predictive maintenance capabilities, this cutting-edge release is set to revolutionize the industry by proactively identifying and addressing potential issues before they escalate.
Boiler Control Market Segmentation:
By Boiler Type
- Water Tube Boiler
- Fire Tube Boiler
By Control Type
- Modulating Control
- On/Off Control
By Component
- Hardware
- Software
By End Users
- Industrial
- Commercial
- Others
For this report, Introspective Market Research has segmented the Boiler Control Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
- North America
- The U.S.
- Canada
- Mexico
- Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
- Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
- Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
- Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- South America
- Brazil
- Argentina
- Rest of SA
