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North America Steam Boiler Market Size
- Report ID: GMI8752
- Published Date: Mar 2024
- Report Format: PDF
North America Steam Boiler Market Size
North America Steam Boiler Market size was valued at USD 2.6 billion in 2023 and is estimated to grow at a CAGR of 5.6% between 2024 and 2032. Extensive investments by the public & private players across the healthcare industry along with flourishing pharmaceutical industry will positively sway the industry growth. For instance, in 2022, the total investments in healthcare industry crossed a mark of USD 4 billion across the New York.
A steam boiler is a heating device that utilizes different types of fuels to produce heat. The fundamental concept of a steam boiler includes a heat source, and a heat transfer medium, usually heat exchanger which allows water to reach its boiling point. Continued advancements in boiler design facilitating the utilization of natural gas, shale gas, and electricity as primary fuel sources are poised to propel industry expansion.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| North America Steam Boiler Market Size in 2023: | USD 2.6 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 5.6% |
| 2032 Value Projection: | USD 4.2 Billion |
| Historical Data for: | 2019 to 2023 |
| No. of Pages: | 150 |
| Tables, Charts & Figures: | 320 |
| Segments covered: | Capacity, Fuel, Technology, Application & Country |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
North America Steam Boiler Market Scope
