Growth of boiler industry is closely associated with the growth of power sector and industries. Growth in world economy over the past one decade has led to increase an energy demand, especially in power sector as well as industrial sector, which is directly benefiting the boiler market.
As per global data report, the global boiler, turbine and generator (BTG) market in past six years (from 2006 and 2012) was $62.4 billion. It will increase to $64 billion in next seven years. Rising global electricity demand and high dependency upon thermal power are the major drivers for the market. Apart from tough economic conditions, the major factors affecting the boiler sector are diversification in fuel, a move towards cleaner sources of power generation, and fluctuations in fossil fuel prices. As Fuel efficiency has become a major priority for both power and Industries.
Indian boiler market size was USD 5.1 billion and it is expected to increase at USD 11 billion by 2022. As India has been manufacturing super-critical boilers up to 1000 MW, demand for energy sector has been increasing at a faster rate. This in turn will boost the demand for boiler sector.
SAKET PROJECTS organizes National Conference on Indian Steam and Boiler Sector - STEAMTECH and exhibition - STEAMTECH Technology SHOW, annually since 2007. It has been recognized as one of the major platforms offering a national debate on the subjects of contemporary interest concerning steam and boiler industry.
In view of the importance of the industry, it is relevant to bring the Indian steam and boiler system industry including boiler and boiler equipment manufacturers, service providers, consultants and the users of steam and boiler systems to a common platform to discuss comprehensively and facilitate interactions on with a view to share their views on challenges and opportunities. The 7th national conference - “STEAMTECH 2014” will be held in February 21-22, 2014 at J B Auditorium, Ahmedabad with the theme “New Technologies in Steam & Boiler Systems and its Impacts”
