Companies Dominating the Industrial Boiler Maintenance Landscape
- Babcock & Wilcox Enterprises, Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- General Electric Company
- Hurst Boiler & Welding Co, Inc.
- Mitsubishi Heavy Industries, Ltd.
- Robert Bosch GmbH
- The IBL Group
- Thermax Global
- WIKA Instruments India Pvt. Ltd.
- Stork B.V.
- Jera Power Taketoyo G.K.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of industrial boiler maintenance is assessed at USD 22.52 billion.
The industrial boiler maintenance market size was valued at USD 21.62 billion in 2024 and is expected to reach USD 40.27 billion by 2037, registering around 4.9% CAGR during the forecast period i.e., between 2025-2037. Increasing power generation and growing personal disposable income across the globe will drive the market growth.
Asia Pacific industry is poised to account for largest revenue share of 37% by 2037, impelled by increasing industrialization in the region.
The major players in the market are General Electric Company, Hurst Boiler & Welding Co, Inc., Mitsubishi Heavy Industries, Ltd., Robert Bosch GmbH, The IBL Group, Thermax Global, WIKA Instruments India Pvt. Ltd., Stork B.V., Jera Power Taketoyo G.K., and others.
