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(Transportation-News.com, June 13, 2018 ) Pressure Vessel Market size will grow from USD 149.64 Billion in 2017 to USD 205.63 Billion by 2023, at an estimated CAGR of 5.44%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The growth of this market is attributed to huge electricity demand and industrialization in different regions. Investments for renewable power generation in Asia-Pacific and North American countries have been planned to meet the rising power demand, which in turn are going to boost the demand for pressure vessels. Among various end-user industries for which pressure vessels are employed, the chemicals segment is expected to be the largest market by 2023. Asia-Pacific and North America comprise fast growing markets for this segment. Boilers are the largest segment among the type of pressure vessels. The boilers segment within the pressure vessel market is expected to have the highest growth from 2018 to 2023, given its increasing usage in the power generation sector. This market is expected to witness the maximum growth in the Asia-Pacific region.
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By Market Players:
Babcock and Wilcox Enterprises, Inc. , Doosan Heavy Industries & Construction , Mitsubishi Heavy Industries, Ltd. , Bharat Heavy Electricals Limited , Larsen & Toubro Limited , Dongfang Electric Machinery Co., Ltd. , General Electric , Halvorsen , IHI Corporation , Pressure Vessels (India) , Samuel Pressure Vessel Group , Westinghouse Electric Company LLC.
By Material:
Steel Alloys , Other Alloys , Composites
By Type:
Boilers , Nuclear Reactors , Separators , Others
By End-User Industry:
Oil & Gas, Chemicals, Power Generation, Others
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
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The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Key Reasons to Purchase:
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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Table of Content:
Chapter One: Industry Overview
Chapter Two: Production Market Analysis
Chapter Three: Sales Market Analysis
Chapter Four: Consumption Market Analysis
Chapter Five: Production, Sales and Consumption Market Comparison Analysis
Chapter Six: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Seven: Major Material Analysis
Chapter Eight: Major Type Analysis
Chapter Nine: Industry Chain Analysis
Chapter Ten: Global and Regional Market Forecast
Chapter Eleven: Major Manufacturers Analysis
Chapter Twelve: New Project Investment Feasibility Analysis
Chapter Thirteen: Conclusions
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Orbis Research
Hector Costello
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