Industrial boilers are used from steam-powered locomotives to external combustion engines to power plants and several other industries. Hence, the demand for boilers are increasing at a rapid pace. The Indian boiler and heating equipment market stood at around $146 million in 2019 and is projected to grow at a CAGR of around 6 per cent to surpass $194 million by 2024. The growth in the market can be attributed to the growing demand for industrial heating equipment in various process industries.
Several key factors are driving growth in boiler industry. While demand for boilers are driven by rapid growth in manufacturing sectors, consumer industries are also pushing developments in boiler technology
India Boiler Expo 2022 is where you can connect with thousands of buyers from across the supply chain and end-user markets. The show offers a platform where you can meet the complete supply chain of the boiler industry. The event is the most apt platform to learn about the latest opportunities in the market, and the updated trends in the industry. This trade show will focus on the major developments in the industry, and will bring together under one roof significant solutions and innovative technologies in the boiler sector.
The three-day event offers an exclusive opportunity for manufacturers, suppliers, distributors and service providers to showcase their latest products and innovations, develop their business and distribution network, and also expand into new markets. The show provides the chance to source products and solutions from across India.
