Indonesia Process Boiler and Heating Equipment Market 2026 By Size, Share, Trends, Growth, Forecast

Summary

Report Description

Indonesia process boiler and heating equipment market was valued at around $ 45 million in 2019 and is projected to grow at a CAGR of around 4% by 2026 on account of increasing investments in process industries such as food and beverage industry, wood processing, bamboo and rattan industries, etc. Moreover, various government policies such as Tax holiday policy, Viability Gap Funding and emphasis on cleaner fuels such as natural gas and renewables usage are further anticipated to drive demand for process boilers and heating equipment across the country during forecast period.

Indonesia process boiler and heating equipment market is segmented by type, by fuel type, and by region. Based on type of equipment the market is further fragmented into steam boiler, thermic fluid heater, hot water generator, hot air generator & waste heat recovery boilers. Steam Boiler asserts its dominance over the market in the historical years and is expected to show similar behavior in the next five years. The growth can be reasoned with the growing installation of energy efficient boilers in the industries. Refurbishing and renovations of the industries causes the installation of boilers and other heating equipment at a large scale thus driving the market toward its expected growth.

COVID-19 pandemic hit Indonesia during early March 2020, the industries were shut down and heavy losses were incurred. But the market reverted the setback into a considerable growth in the next half of the year and is expected to grow at the steady rate in the upcoming five years.

Some of the major companies operating in Indonesia process boiler and heating equipment market include PT. Basuki Pratama Engineering, PT. Atmindo Tbk, PT Maxitherm Boilers Indonesia, PT Thermax, Forbes Marshall, Jiangsu Olymspan Thermal Energy Equipment Co., Ltd., Henan Yuanda Boiler Corporation Ltd., Wuxi Zozen Boilers Co., Ltd., SAZ Boilers and PT Aalborg Industri Indonesia, among others.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022-2026

Objective of the Study:

· To analyze and forecast the Indonesia process boiler and heating equipment market size.

· To define, classify and forecast the Indonesia process boiler and heating equipment market based on type and fuel type.

· To identify drivers and challenges for Indonesia process boiler and heating equipment market.

· To examine competitive developments such as expansions, new product launches, supply contracts, and mergers & acquisitions in the Indonesia process boiler and heating equipment market.

· To evaluate product pricing and trends in Indonesia process boiler and heating equipment market.

· To strategically profile leading players operating in Indonesia process boiler and heating equipment market.

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TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of process boiler and heating equipment manufacturers and suppliers, in Indonesia. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, end user, and regional presence of all major process boiler and heating equipment manufacturing companies across Indonesia.

TechSci Research calculated the Indonesia process boiler and heating equipment market size using a bottom-up approach, wherein manufacturers’ value sales data for different engine types was recorded as well as forecast for the future years was made. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

Indonesia process boiler and heating equipment manufacturers, suppliers and end users
Research organizations and consulting companies
Associations, organizations and alliances related to process boiler and heating equipment
Government bodies such as regulating authorities and policy makers

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as process boiler and heating equipment manufacturers, distributors, dealers and policy makers. The study would also help them in identifying which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth of the market.

Report Scope:

In this report, Indonesia process boiler and heating equipment market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, by Type:

Steam Boiler
Thermic Fluid Heater
Waste Heat Recovery Boilers
Hot Water Generator
Hot Air Generator

Market, by Fuel Type:

Fossil Fuel
Non-Fossil Fuel (Biomass, Wood, Rice Husk, Mustard Husk, Agri Waste, Briquettes, etc.)
Oil & Gas

Market, by Region:

Java
Sumatra
Kalimantan
Sulaweshi

Competitive Landscape

Competition Outlook: Outlook of leading 10 players on the basis of product portfolio, market pricing, average selling price, sales footprint, etc.

Company Profiles: Detailed analysis of the major companies operating in Indonesia process boiler and heating equipment market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

Detailed list of distributors and dealers across the country.

Company Information

Detailed analysis and profiling of additional market players (up to five).

Product Information

Detailed analysis of new products in the market and their driving forces in the market.

Table of content

1. Product Overview

2. Research Methodology

3. Analyst View

4. Impact of COVID-19 on Indonesia Process Boiler and Heating Equipment Market

5. Indonesia Process Boiler and Heating Equipment Market Outlook

5.1. Market Size & Forecast

5.1.1.By Value

5.1.2.By Volume

5.2. Market Share & Forecast

5.2.1.By Type (Steam Boiler, Thermic Fluid Heater, Waste Heat Recovery Boiler, Hot Water Generator & Hot Air Generator)

5.2.2.By Fuel Type (Fossil Fuel, Non-Fossil Fuel, Oil & Gas)

5.2.3.By Region (West, South, North, East)

5.2.4.By Company

6. Indonesia Steam Boiler Market

6.1. Market Size & Forecast

6.1.1.By Value

6.1.2.By Volume

6.2. Market Share & Forecast

6.2.1.By Fuel Type

6.2.2.By End User

6.2.3.By Region

7. Indonesia Thermic Fluid Heater Market

7.1. Market Size & Forecast

7.1.1.By Value

7.1.2.By Volume

7.2. Market Share & Forecast

7.2.1.By Fuel Type

7.2.2.By End User

7.2.3.By Region

8. Indonesia Waste Heat Recovery Boilers Market

8.1. Market Size & Forecast

8.1.1.By Value

8.1.2.By Volume

8.2. Market Share & Forecast

8.2.1.By Fuel Type

8.2.2.By End User

8.2.3.By Region

9. Indonesia Hot Water Generator Market

9.1. Market Size & Forecast

9.1.1.By Value

9.1.2.By Volume

9.2. Market Share & Forecast

9.2.1.By Fuel Type

9.2.2.By End User

9.2.3.By Region

10. Indonesia Hot Air Generator Market

10.1. Market Size & Forecast

10.1.1. By Value

10.1.2. By Volume

10.2. Market Share & Forecast

10.2.1. By Fuel Type

10.2.2. By End User

10.2.3. By Region

11. Import-Export Analysis

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

14. Value Chain Analysis

15. Policy & Regulatory Landscape

16. Indonesia Economic Profile

17. Competitive Landscape

17.1. PT. Basuki Pratama Engineering

17.2. PT. Atmindo Tbk

17.3. PT Maxitherm Boilers Indonesia

17.4. PT Thermax

17.5. Forbes Marshall

17.6. Jiangsu Olymspan Thermal Energy Equipment Co., Ltd.

17.7. Henan Yuanda Boiler Corporation Ltd.

17.8. Wuxi Zozen Boilers Co., Ltd.

17.9. SAZ Boilers

17.10. PT Aalborg Industri Indonesia

18. Strategic Recommendations

19. About Us & Disclaimer

Figures and Tables

List of Figures

Figure 1: Indonesia Process Boiler and Heating Equipment Market Size, By Value (USD Million), By Volume (Units), 2016-2026F

Figure 2: Indonesia Process Boiler and Heating Equipment Market Share, By Type, By Volume, 2016-2026F

Figure 3: Indonesia Process Boiler and Heating Equipment Market Share, By Fuel Type, By Volume, 2016 & 2026F

Figure 4: Indonesia Process Boiler and Heating Equipment Market Share, By Region, By Volume, 2016-2026F

Figure 5: Indonesia Process Boiler and Heating Equipment Market Share, By Company, By Value, 2016-2026F

Figure 6: Indonesia Steam Boiler Market Size, By Value (USD Million), By Volume (Units), 2016-2026F

Figure 7: Indonesia Steam Boiler Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 8: Indonesia Steam Boiler Market Share, By End User, By Volume, 2016-2026F

Figure 9: Indonesia Steam Boiler Market Share, By Region, By Volume, 2016-2026F

Figure 10: Indonesia Thermic Fluid Heater Market Size, By Value (USD Million), By Volume (Units), 2016-2026F

Figure 11: Indonesia Thermic Fluid Heater Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 12: Indonesia Thermic Fluid Heater Market Share, By End User, By Volume, 2016-2026F

Figure 13: Indonesia Thermic Fluid Heater Market Share, By Region, By Volume, 2016-2026F

Figure 14: Indonesia Waste Heat Recovery Boilers Market Size, By Value (USD Million), By Volume (Units), 2016-2026F

Figure 15: Indonesia Waste Heat Recovery Boilers Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 16: Indonesia Waste Heat Recovery Boilers Market Share, By End User, By Volume, 2016-2026F

Figure 17: Indonesia Waste Heat Recovery Boilers Market Share, By Region, By Volume, 2016-2026F

Figure 18: Indonesia Hot Water Generator Market Size, By Value (USD Million), By Volume (Units), 2016-2026F

Figure 19: Indonesia Hot Water Generator Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 20: Indonesia Hot Water Generator Market Share, By End User, By Volume, 2016-2026F

Figure 21: Indonesia Hot Water Generator Market Share, By Region, By Volume, 2016-2026F

Figure 22: Indonesia Hot Air Generator Market Size, By Value (USD Million), By Volume (Units), 2016-2026F

Figure 23: Indonesia Hot Air Generator Market Share, By Fuel Type, By Volume, 2016-2026F

Figure 24: Indonesia Hot Air Generator Market Share, By End User, By Volume, 2016-2026F

Figure 25: Indonesia Hot Air Generator Market Share, By Region, By Volume, 2016-2026F

Figure 26: Indonesia GDP at Constant Price (USD Billion), 2016-2019

Figure 27: Population in Indonesia (Millions), 2016-2019

Figure 28: Indonesia Manufacturing Sector Contribution to GDP (Percentage), 2016-2019

List of Tables

Table 1: Indonesia Process Boiler and Heating Equipment Import, By Type, By Value (USD Million), 2016-2019

Table 2: Indonesia Process Boiler and Heating Equipment Export, By Type, By Value (USD Million), 2016-2019

Table 3: Indonesia Electricity and Gas Rates

Table 4: List of Process Boiler and Heating Equipment Distributors/Contractors/Packagers in Indonesia

Frequently asked questions

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Account Manager BD

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Press Release

Steam Boilers to Lead Indonesia Process Boiler and Heating Equipment through 2024

Jul, 2019

Growth in domestic demand arising from end user industries coupled with stable inflation and an increase in investments to boost demand for process boilers and heating equipment in Indonesia through

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