The market is dominated by domestic suppliers, as imports account for 3.0% of total market size in 2022. B2B drives market demand, with B2B spending representing 99.9% of total demand in 2022. India has the third largest market size for steam generators regionally, with demand reaching USD2.9 billion in 2022. Bharat Heavy Electricals Ltd is the largest company in India, generating 7.8% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 12.9% of total production value in 2022. The total number of companies increases in 2022, to 22,595 units. The costs of the industry increase by 5.1% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 2.1% of production value in 2022, the 19th highest regionally. The industry’s exports share decreases in 2022 to 8.6% of total production output. With production value of USD2.0 billion, India accounts for 5.5% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Steam Generators in India: 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 India: 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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