The market is dominated by domestic suppliers, as imports account for 2.6% of total market size in 2022. B2B drives market demand, with B2B spending representing 98.3% of total demand in 2022. China has the largest market size for steam generators regionally, with demand reaching USD20.4 billion in 2022. Harbin Boiler Co Ltd is the largest company in China, generating 10.1% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 25.6% of total production value in 2022. The total number of companies decreases in 2022, to 6,475 units. The costs of the industry decrease by 3% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 7.2% of production value in 2022, the 16th highest regionally. The industry’s exports share increases in 2022 to 14.6% of total production output. With production value of USD20.7 billion, China accounts for 58.7% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Steam Generators in China: ISIC 2813. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Steam Generators in China: ISIC 2813 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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