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- How big is India boilers market?
- The India boilers market size was valued at $622 million in 2025 , and is projected to reach $845 million by 2031, registering a CAGR of 4.6% from 2025 to 2031. Boilers find application across diverse end-use industries including power generation, food processing industry, paper & pulp industry and chemical & petrochemical industry among others.
- How is India preparing for a new boiler market?
- 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.
- What is the boiler industry in India?
- The boiler industry in India is dominated by domestic players. The manufacturing of boilers is mainly concentrated in the Western and Southern regions of the country, especially in the areas of Mumbai, Pune, Ahmedabad, Hyderabad, Coimbatore and Nagpur.
- Why is the boiler market growing in India?
- 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.
- Who are the key players in India boiler market?
- Some key players operating within India Boiler Market includes Thermax Ltd., Forbes Marshall Pvt Ltd , IBL Industrial Solutions ltd , ABB India limited , Cleaver Brooks Inc., Alfa Laval inc etc.. How does 6W market outlook report help businesses in making decisions?
- Is domestic boiler market poised for significant growth?
- With significant investments planned in thermal power generation, the domestic boiler market is poised for substantial growth across various sectors. New Delhi: India has decided to curb foreign participation in government contracts for industrial boilers, or steam generators, allowing only local firms to supply these.
