Boiler Control Market

Boiler Control Market Outlook from 2024 to 2034

The global Boiler Control Market size is expected to attain a valuation of around USD 4.5 billion by 2034. It will likely reach a value of around USD 2.3 billion in 2024. The market is set to witness a CAGR of 7.1% in the assessment period 2024 to 2034.

The rising use of renewable energy sources across countries in Europe and Asia Pacific for power generation is anticipated to drive growth. At the same time, the high demand for energy-efficient boiler monitoring solutions in modern power plants will likely push growth.

The increasing need to optimize the overall performance of energy-efficient boilers is expected to augment the demand for automation. The high power generation capacity of certain power plants is also projected to propel the demand for boiler control.

With stringent laws pertaining to workers’ safety in several parts of the globe, boiler control is becoming essential to avoid damages or accidents in power plants. Increasing investments in real-time monitoring and the Internet of Things (IoT) to ensure the smooth operation of power plants are anticipated to create novel opportunities.

Attributes	Key Insights
Boiler Control Market Estimated Size (2024E)	USD 2.3 billion
Projected Boiler Control Market Valuation (2034F)	USD 4.5 billion
Value-based Boiler Control Market CAGR (2024 to 2034)	7.1%

Key Boiler Control Market Trends

• Increasing use of the Internet of Things (IoT) technology for remote monitoring
• Rising adoption of Industry 4.0 norms to initiate smooth interoperability and connectivity
• Rapid inclination toward high flexibility and scalability with cloud-based boiler modulation control
• Growing demand for digital twin technology for simulation and optimization
• Integration of machine learning and artificial intelligence to gain smart boiler control systems
• Emergence of advanced cybersecurity measures to defend boiler control solutions from hackers
• Shift toward sustainability and integration of renewable energy sources in burner management systems

Significant Opportunities in the Boiler Control Market

• Increasing replacement of aging industrial heating control systems with technologically advanced solutions
• Collaborations among power plant authorities and cybersecurity protection solution providers to implement safe systems
• Partnerships among government bodies and research facilities to propel regulatory compliance and technological developments
• Investments in IoT software solution providers to provide new solutions for predictive maintenance and data analytics
• Development of customized boiler monitoring solutions as per the needs of chemical, food processing, and pharmaceutical companies

2019 to 2023 Boiler Control Market Growth Outlook Vs. 2024 to 2034 Forecast

The global boiler control market exhibited a CAGR of about 7.7% in the historical period. It is estimated to showcase a 7.1% CAGR in the forecast period. The market attained a valuation of USD 2.1 billion in 2023.

Historical CAGR (2019 to 2023)	7.7%
Historical Valuation (2023)	USD 2.1 billion

Analyzing Industrial Boiler Control System Market from 2019 to 2023

• The global industrial boiler control system market has evolved significantly in the past several years. It was mainly pushed by changing consumer demand, stringent government norms, and technological innovations.
• In the early days, boiler control systems were manually operated and partially mechanical. These had to be monitored carefully by operators with the help of basic controls to ensure smooth functioning.
• With rapid industrialization in several parts of the world, the demand for highly reliable, safe, and efficient boiler combustion control systems has increased. This further resulted in the creation of hydraulic and pneumatic systems that offered better control and automation features in the mid-20th century.
• The new systems included feedback mechanisms and analog components to control several functions, including water level, airflow, and fuel flow.
• The emergence of intelligent boiler control systems took the industry to a whole new level in the late 20th century.
• Intelligent or digital systems included programmable logic controllers (PLCs) and microprocessors that offered unique functions and high accuracy. This rapid inclination toward digital systems resulted in the development of supervisory control and data acquisition (SCADA) systems and distributed control systems (DCS).

Remote Boiler Monitoring Market Outlook from 2024 to 2034

• In recent years, boiler automation and boiler control systems have witnessed the integration of advanced technologies such as cloud computing, artificial intelligence, and the Internet of Things.
• The technologies have provided operators with advanced functionalities, such as real-time monitoring, predictive maintenance, and remote optimization.
• The improved features have led to reduced operating costs, lowered downtime, and enhanced efficiency.
• Governments of several countries have implemented sustainability norms and pushed the use of renewable energy sources.
• Power plants are expected to focus on using waste heat recovery, solar, and biomass solutions to improve the efficiency of smart boiler control and burner management systems.

Semi-annual Boiler Control Market Update

The table provides information about significant variations in growth rates and dynamic trends in the boiler control market. Readers can gain insights into changing consumer tastes and evolving market dynamics throughout an array of different periods.

The table offers an explanation of growth potential, scrutinizing the role that actual numbers and predictions have in determining the future path of the market.

Details	CAGR
H1 (2023 to 2033)	6.5%
H2 (2023 to 2033)	7.7%
H1 (2024 to 2034)	6.6%
H2 (2024 to 2034)	7.6%

Country-wise Insights

The section below highlights the CAGRs of the leading countries in the boiler control market. The three main countries pushing boiler control demand include Japan, the United Kingdom, and China.

According to the analysis, Japan is set to lead the boiler control market by showcasing a CAGR of 8.3% in the forecast period. The country is anticipated to be followed by the United Kingdom and China, with CAGRs of 8.1% and 7.9%, respectively.

Countries	CAGR
United States	7.4%
United Kingdom	8.1%
China	7.9%
Japan	8.3%
South Korea	4.2%

Energy-efficient Boilers to Witness Exponential Demand in Japan

Japan is estimated to showcase a considerable boiler control market share in the forecast period. It is expected to reach a valuation of USD 485.8 million in 2034. It will likely expand at a CAGR of around 8.3% from 2024 to 2034. Factors responsible for the country’s growth are:

• Rising environmental concerns and high energy costs are expected to propel the demand for sustainable and energy-efficient boiler automation and boiler control systems.
• The adoption of eco-friendly boiler control technology to cater to the rising need to reduce greenhouse gas emissions is projected to drive growth.
• Japan-based power plants are focusing on replacing their aging systems and solutions with digital solutions, which will likely expand the market.
• The government of Japan is on a mission to encourage the use of energy-efficient systems like advanced boiler control to meet national energy targets.
• Boiler control demand is expected to rise in Japan amid the rising integration of solar power and biomass into these solutions to enhance resource management & energy flow.

Sustainable Boiler Monitoring Solutions Gain Impetus in the United Kingdom

The United Kingdom’s boiler control market is expected to showcase a CAGR of 8.1% in the assessment period. The country will likely reach a value of USD 181.8 million by 2034. Key factors propelling boiler control sales in the country are:

• The emergence of advanced building management solutions equipped with the boiler water level control function to raise sustainability in the country’s construction industry is set to aid growth.
• The demand for flexible boiler modulation control systems is expected to surge in the United Kingdom amid the rising focus on microgrids and decentralized energy systems.
• Industries in the United Kingdom are striving to lower their carbon emission levels by adopting advanced boiler technology.
• Key companies are investing in demand-side management systems and smart grid technologies, including boiler automation, to increase sustainability.
• Companies are using innovative high-voltage immersed electrode boilers to bag environmental benefits and save operational costs.

China Adopts Boiler Efficiency Control Systems to Battle Air Pollution

China’s boiler control market is projected to rise at a CAGR of 7.9% in the evaluation period. The country is anticipated to attain a value of about USD 719.3 million by 2034. A handful of factors pushing demand in China are:

• The rising focus of industries in China on green production processes and sustainable development will likely expand the demand for eco-friendly boilers.
• Increasing concerns about air pollution and its negative effects in China are projected to encourage companies to enhance their infrastructure, thereby augmenting demand.
• Industrial heating control solutions are set to gain traction in China on the back of the integration of big data analytics, artificial intelligence, and IoT.
• Rapid expansion of the manufacturing sector in China is estimated to propel the demand for boiler plant automation systems.

Category-wise Insights

The below section shows the global trends in the boiler control industry in terms of type, components, and end-user. The water tube boiler segment is expected to lead the boiler control market based on type. It is set to showcase a CAGR of around 6.5% from 2024 to 2034.

Based on the component, the hardware segment is anticipated to exhibit a dominant CAGR of 6.8% through 2034.

Segment	Value CAGR (2024 to 2034)
Hardware (Component)	6.8%
Water Tube Boiler (Type)	6.5%

Intelligent Boiler Control Hardware to be the Most Preferred Component

Based on components, the hardware segment is estimated to lead the global boiler control market. It is expected to witness a CAGR of 6.8% in the forecast period. Factors accelerating the segment’s growth are:

• The rising need for high performance and efficiency is set to propel the demand for reliable and advanced boiler control hardware.
• Ongoing expansion of the power generation, chemical, and manufacturing industries is expected to create new opportunities for boiler control hardware providers.
• Key players are focusing on launching innovative boiler control hardware to meet the varying needs of different industries.
• Leading companies are investing in the development of new hardware solutions to prevent cyberattacks and raise security.

Water Tube Boiler Automation to Showcase Demand from Chemical Industry

In terms of type, the water tube boiler segment is projected to dominate the boiler control market. It will likely expand at a CAGR of 6.5% from 2024 to 2034. The segment is expected to rise at a fast pace due to the following factors:

• As compared to fire tube boilers, water tube boilers are anticipated to have higher efficiency, which is expected to aid demand.
• As the water is present in the tubes of water tube boilers, these are anticipated to reduce the risk of catastrophic failure.
• The demand for water tube boilers is projected to surge from food processing, chemical processing, and power generation industries.
• Constant innovations in control systems, combustion technology, and material science are expected to help enhance the performance of water tube boilers.

Competitive Landscape

Leading companies in the global boiler control market are focusing on research & development activities to discover new application areas and products.

They are participating in mergers & acquisitions, collaborations, and joint ventures to co-develop innovative solutions and gain a competitive edge. A few other market players are aiming to raise their brand loyalty by offering discounts and showcasing their new products across exhibitions.

Recent Boiler Control Market Developments

• In November 2023, NYK IDEMITSU Green Solutions Co., Ltd. bagged the Innovative Power Technology of the Year award for its ULTY-V plus. It is a unique system that can help automatically enhance several operating features, including main steam pressure and fuel loading rate, by connecting to the boiler control system.
• In June 2023, Fulton unveiled a new VSRT product line to meet the high demand for energy-efficient boilers. The two new boilers under the company’s portfolio are the only tubeless products available in the market.
• In May 2023, Humidity Solutions, based in the United Kingdom, launched its latest Vapac Electrode Boiler. It uses innovative technology to reduce energy and water wastage. It has a novel pulsed energy control system that helps in saving overall costs and energy.

Key Companies Profiled in the Boiler Control Market Report

• Burnham Commercial
• Cleaver-Brooks
• HBX Control Systems
• Honeywell International
• Micromod Automation
• Schneider Electric SE
• Siemens

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
• 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type
  • 5.1. Water Tube Boiler
  • 5.2. Fire Tube Boiler
• 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Components
  • 6.1. Hardware
  • 6.2. Software
• 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-user
  • 7.1. Industrial
  • 7.2. Commercial
• 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
  • 8.1. North America
  • 8.2. Latin America
  • 8.3. Western Europe
  • 8.4. Eastern Europe
  • 8.5. South Asia and Pacific
  • 8.6. East Asia
  • 8.7. Middle East and Africa
• 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 16. Key Countries Market Analysis
• 17. Market Structure Analysis
• 18. Competition Analysis
  • 18.1. Siemens
  • 18.2. Thermax Limited
  • 18.3. Cleaver-Brooks
  • 18.4. Yokogawa
  • 18.5. ABB
  • 18.6. Schneider Electric
  • 18.7. Emerson
  • 18.8. Honeywell
  • 18.9. Patterson-Kelley
  • 18.10. Spirax Sarco
  • 18.11. HBX Control Systems Inc.
  • 18.12. Burnham Commercial
• 19. Assumptions & Acronyms Used
• 20. Research Methodology