In 2021, South Africa had the highest industrialization index in Africa, with a score of **** points. Conversely, the country with the lowest score was Gambia with **** points. The industrialization index is a measure of the level of industrial development in a country. It typically takes into account factors such as the number of factories, the amount of industrial output, and the number of people employed in industrial jobs. A higher industrialization index indicates a higher level of industrial development, and a lower index indicates a lower level of industrial development.

As of April 2025, South Africa's GDP was estimated at over 410 billion U.S. dollars, the highest in Africa. Egypt followed, with a GDP worth around 347 billion U.S. dollars, and ranked as the second-highest on the continent. Algeria ranked third, with nearly 269 billion U.S. dollars. These African economies are among some of the fastest-growing economies worldwide. Dependency on oil For some African countries, the oil industry represents an enormous source of income. In Nigeria, oil generates over five percent of the country’s GDP in the third quarter of 2023. However, economies such as the Libyan, Algerian, or Angolan are even much more dependent on the oil sector. In Libya, for instance, oil rents account for over 40 percent of the GDP. Indeed, Libya is one of the economies most dependent on oil worldwide. Similarly, oil represents for some of Africa’s largest economies a substantial source of export value. The giants do not make the ranking Most of Africa’s largest economies do not appear in the leading ten African countries for GDP per capita. The GDP per capita is calculated by dividing a country’s GDP by its population. Therefore, a populated country with a low total GDP will have a low GDP per capita, while a small rich nation has a high GDP per capita. For instance, South Africa has Africa’s highest GDP, but also counts the sixth-largest population, so wealth has to be divided into its big population. The GDP per capita also indicates how a country’s wealth reaches each of its citizens. In Africa, Seychelles has the greatest GDP per capita.

Morocco was the main producer of industrial minerals in Africa as of 2022. Roughly ** million metric tons of the items were produced in the country that year. Tunisia produced around *** million metric tons of industrial minerals, while Algeria and South Africa registered an output of some *** million and *** million metric tons, respectively.

TThe ERS International Macroeconomic Data Set provides historical and projected data for 181 countries that account for more than 99 percent of the world economy. These data and projections are assembled explicitly to serve as underlying assumptions for the annual USDA agricultural supply and demand projections, which provide a 10-year outlook on U.S. and global agriculture. The macroeconomic projections describe the long-term, 10-year scenario that is used as a benchmark for analyzing the impacts of alternative scenarios and macroeconomic shocks.

Explore the International Macroeconomic Data Set 2015 for annual growth rates, consumer price indices, real GDP per capita, exchange rates, and more. Get detailed projections and forecasts for countries worldwide.

Annual growth rates, Consumer price indices (CPI), Real GDP per capita, Real exchange rates, Population, GDP deflator, Real gross domestic product (GDP), Real GDP shares, GDP, projections, Forecast, Real Estate, Per capita, Deflator, share, Exchange Rates, CPI

Afghanistan, Albania, Algeria, Angola, Antigua and Barbuda, Argentina, Armenia, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Côte d'Ivoire, Cabo Verde, Cambodia, Cameroon, Canada, Central African Republic, Chad, Chile, China, Colombia, Congo, Costa Rica, Croatia, Cuba, Cyprus, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Eswatini, Ethiopia, Fiji, Finland, France, Gabon, Gambia, Georgia, Germany, Ghana, Greece, Grenada, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Lithuania, Luxembourg, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Mauritania, Mauritius, Mexico, Moldova, Mongolia, Morocco, Mozambique, Myanmar, Namibia, Nepal, Netherlands, New Zealand, Nicaragua, Niger, Nigeria, Norway, Oman, Pakistan, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Rwanda, Samoa, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, Spain, Sri Lanka, Sudan, Suriname, Sweden, Switzerland, Syria, Tajikistan, Tanzania, Thailand, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Uganda, Ukraine, United Arab Emirates, United Kingdom, Uruguay, Uzbekistan, Vanuatu, Venezuela, Vietnam, Yemen, Zambia, Zimbabwe, WORLD Follow data.kapsarc.org for timely data to advance energy economics research. Notes:

Developed countries/1 Australia, New Zealand, Japan, Other Western Europe, European Union 27, North America

Developed countries less USA/2 Australia, New Zealand, Japan, Other Western Europe, European Union 27, Canada

Developing countries/3 Africa, Middle East, Other Oceania, Asia less Japan, Latin America;

Low-income developing countries/4 Haiti, Afghanistan, Nepal, Benin, Burkina Faso, Burundi, Central African Republic, Chad, Democratic Republic of Congo, Eritrea, Ethiopia, Gambia, Guinea, Guinea-Bissau, Liberia, Madagascar, Malawi, Mali, Mozambique, Niger, Rwanda, Senegal, Sierra Leone, Somalia, Tanzania, Togo, Uganda, Zimbabwe;

Emerging markets/5 Mexico, Brazil, Chile, Czech Republic, Hungary, Poland, Slovakia, Russia, China, India, Korea, Taiwan, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Singapore

BRIICs/5 Brazil, Russia, India, Indonesia, China; Former Centrally Planned Economies

Former centrally planned economies/7 Cyprus, Malta, Recently acceded countries, Other Central Europe, Former Soviet Union

USMCA/8 Canada, Mexico, United States

Europe and Central Asia/9 Europe, Former Soviet Union

Middle East and North Africa/10 Middle East and North Africa

Other Southeast Asia outlook/11 Malaysia, Philippines, Thailand, Vietnam

Other South America outlook/12 Chile, Colombia, Peru, Bolivia, Paraguay, Uruguay

Indicator Source

Real gross domestic product (GDP) World Bank World Development Indicators, IHS Global Insight, Oxford Economics Forecasting, as well as estimated and projected values developed by the Economic Research Service all converted to a 2015 base year.

Real GDP per capita U.S. Department of Agriculture, Economic Research Service, Macroeconomic Data Set, GDP table and Population table.

GDP deflator World Bank World Development Indicators, IHS Global Insight, Oxford Economics Forecasting, as well as estimated and projected values developed by the Economic Research Service, all converted to a 2015 base year.

Real GDP shares U.S. Department of Agriculture, Economic Research Service, Macroeconomic Data Set, GDP table.

Real exchange rates U.S. Department of Agriculture, Economic Research Service, Macroeconomic Data Set, CPI table, and Nominal XR and Trade Weights tables developed by the Economic Research Service.

Consumer price indices (CPI) International Financial Statistics International Monetary Fund, IHS Global Insight, Oxford Economics Forecasting, as well as estimated and projected values developed by the Economic Research Service, all converted to a 2015 base year.

Population Department of Commerce, Bureau of the Census, U.S. Department of Agriculture, Economic Research Service, International Data Base.

South Africa ZA: Income Share Held by Third 20% data was reported at 8.200 % in 2014. This records an increase from the previous number of 8.000 % for 2010. South Africa ZA: Income Share Held by Third 20% data is updated yearly, averaging 8.200 % from Dec 1993 (Median) to 2014, with 7 observations. The data reached an all-time high of 9.900 % in 2000 and a record low of 7.500 % in 2005. South Africa ZA: Income Share Held by Third 20% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Africa – Table ZA.World Bank.WDI: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.

Key information about South Africa Industrial Production Index Growth

• South Africa Industrial production fell 0.9 % YoY in Sep 2025, following a drop of 0.6 % YoY in the previous month.
• South Africa Industrial production index growth rate YoY data is updated monthly, available from Jan 1962 to Sep 2025, with an average rate of 2.9 %.
• The data reached an all-time high of 100.4 % in Apr 2021 and a record low of -53.7 % in Apr 2020.

CEIC calculates Industrial Production Index Growth from monthly Industrial Production Index. Statistics South Africa provides Industrial Production Index with base 2019=100. Industrial Production Index covers Manufacturing sector only. Industrial Production Index Growth prior to January 1999 is calculated from Industrial Production Index with base 2010=100 sourced from the International Monetary Fund.

Sustainable development (SD) has increasingly played a key background role in government policymaking across the world, especially for the least developed countries in Africa. Therefore, the purpose of our research is to study the SD of African countries in public life, education, and welfare, and then to help policy makers better monitor the status of sustainable development and formulate development policies in these aspects. We firstly propose a new method to assess the SD in public life, education, and welfare. Then we assess the SD status in 51 African countries as well as other countries in the world. After that, we also make a comparison between African countries and the countries in other continents.

Statistics illustrates most promising supplying countries of industrial automatic sewing machines in Africa from 2007 to 2024.

South Africa ZA: Income Share Held by Highest 20% data was reported at 68.200 % in 2014. This records a decrease from the previous number of 68.900 % for 2010. South Africa ZA: Income Share Held by Highest 20% data is updated yearly, averaging 68.200 % from Dec 1993 (Median) to 2014, with 7 observations. The data reached an all-time high of 71.000 % in 2005 and a record low of 62.700 % in 2000. South Africa ZA: Income Share Held by Highest 20% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Africa – Table ZA.World Bank.WDI: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.

The Middle East and Africa (MEA) Industrial Automation Market Report is Segmented by Solution Type (Automated Material-Handling Solutions, and Factory-Automation Solutions), Component (Hardware, Software, and More), End-User Industry (Discrete Manufacturing, and More), Technology (IIoT, Edge Computing, Cloud MES, AI Analytics, and AR/VR), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

South Africa ZA: Industrial Design Applications: Resident data was reported at 1,087.000 Unit in 2016. This records an increase from the previous number of 723.000 Unit for 2015. South Africa ZA: Industrial Design Applications: Resident data is updated yearly, averaging 846.000 Unit from Dec 1982 (Median) to 2016, with 32 observations. The data reached an all-time high of 1,946.000 Unit in 1988 and a record low of 360.000 Unit in 1997. South Africa ZA: Industrial Design Applications: Resident data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Africa – Table ZA.World Bank: Technology. Industrial design applications are applications to register an industrial design with a national or regional Intellectual Property (IP) offices and designations received by relevant offices through the Hague System. Industrial designs are applied to a wide variety of industrial products and handicrafts. They refer to the ornamental or aesthetic aspects of a useful article, including compositions of lines or colors or any three-dimensional forms that give a special appearance to a product or handicraft. The holder of a registered industrial design has exclusive rights against unauthorized copying or imitation of the design by third parties. Industrial design registrations are valid for a limited period. The term of protection is usually 15 years for most jurisdictions. However, differences in legislation do exist, notably in China (which provides for a 10-year term from the application date). Resident application refers to an application filed with the IP office of or acting on behalf of the state or jurisdiction in which the first-named applicant in the application has residence. Design count is used to render application data for industrial applications across offices comparable, as some offices follow a single-class/single-design filing system while other have a multiple class/design filing system.; ; World Intellectual Property Organization (WIPO), Statistics Database at www.wipo.int/ipstats/. The International Bureau of WIPO assumes no responsibility with respect to the transformation of these data.; Sum;

According to Cognitive Market Research, The Global Industrial Shredder Machine market size is USD 1.2 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 2.20% from 2023 to 2030.

The industrial shredder market is predicted to expand steadily in the next few years. Growing sales of electric cars and increased manufacture of light vehicles are factors driving the worldwide industrial shredder market
Demand for the horizontal hammer mills segment remains higher in the Industrial Shredder Machine Market by type.
The forestry category held the highest application of Industrial Shredder Machine Market share in 2023.
In 2023, The Asia Pacific region witnessed rapid industrialization, with countries like China, India, and Southeast Asian nations becoming major manufacturing hubs. 

Rising Urbanization and Industrialization in Developing Nations Are Major Drivers

Demand for crusher and shredder equipment is being driven by rising urbanization and industrialization in nations such as China, India, and Japan. Furthermore, growing countries in South America, Asia Pacific, and Africa will contribute to the market for crusher and shredder equipment. Moreover, the crusher and shredder aid in the recovery of metals and other minerals from slag waste, increasing demand for these devices.

For instance, according to research, 64% of poor nations would be urban, whereas 86% of industrialized countries will be. Urbanization is more likely in Africa and Asia (including India). In India, industry and urbanization are inextricably intertwined since more industrialization creates more job possibilities. These prospects entice rural residents, particularly younger generations.

(Source:unacademy.com/content/upsc/study-material/sociology/industrialisation-and-urbanisation-in-india/)

Government Legislation to Improve the Market for Crusher and Shredder Machines

Several governments are seeking to introduce new laws that will assist in increasing the crusher and shredder machine business. The shredding operations often do not generate garbage, which is an extra benefit of this equipment. Furthermore, governments are launching projects to recycle building and demolition debris for economic and environmental reasons. These devices aid in trash reduction, increasing demand for crusher and shredder equipment.

For instance, Wendt Corp., based in Buffalo, New York, has formed a joint venture with Proman Infrastructure Services Pvt. Ltd., based in Bangalore, India, to establish Wendt Proman Metal Recycling Pvt. Ltd. to serve customers in India. Proman is a heavy industrial equipment solutions provider with a focus on crushing, screening, and material handling.

(Source:www.recyclingtoday.com/news/wendt-proman-form-joint-venture-india/)

Market Dynamics of Industrial Shredder Machine

High Maintenance to Hinder Market Growth

One of the most significant issues with shredder machines is that they require a high level of maintenance and repair because they are necessary equipment in a variety of sectors. Even the best-built shredders require a lot of upkeep and hours of downtime for repairs or maintenance. The period of rest helps assess the practicality of utilizing that certain shredder and how frequently it will require additional repair or maintenance.

Impact of COVID-19 on the Industrial Shredder Machine Market

During the pandemic, several governments imposed harsh lockdowns and travel restrictions to prevent the virus from spreading. Supply networks, industrial processes, and the transit of commodities, especially agricultural machinery like shredders, were all interrupted as a result of these steps. Manufacturing facilities experienced issues such as labor shortages, disruptions in raw material delivery, and logistical bottlenecks. As a result, numerous industrial shredder machine manufacturers had to halt production or close temporarily. Introduction of Industrial Shredder Machine Market

The growth in awareness of novel farming practices is one of the major reasons driving the development of the industrial shredder machine market. Furthermore, the use of this equipment saves time and aids in tough labor, allowing it to be used for a variety of jobs. Again, prominent businesses such as Deere & Company are focusing on producing superior hardware that may be utilized to boost efficiency to new heights. I...

The Middle East and Africa Industrial Automation Market is experiencing robust growth, projected to reach $4.93 billion in 2025 and expand at a Compound Annual Growth Rate (CAGR) of 7.10% from 2025 to 2033. This expansion is fueled by several key drivers. The region's ongoing industrialization and diversification efforts, particularly in sectors like manufacturing, food and beverage, and pharmaceuticals, are creating significant demand for automation solutions. Governments across the Middle East and Africa are actively investing in infrastructure development and smart city initiatives, further stimulating the adoption of advanced technologies like industrial robotics, automated storage and retrieval systems (AS/RS), and automated material handling systems. The increasing need for enhanced efficiency, productivity, and reduced operational costs within industries is a crucial factor driving market growth. Furthermore, the rising adoption of Industry 4.0 principles and the integration of advanced technologies like AI and machine learning are accelerating the automation transformation across various sectors. The market is segmented by solution type (automated material handling and factory automation) and end-user (manufacturing, non-manufacturing, and specific industries). While challenges like high initial investment costs and a potential skills gap in implementing and maintaining these technologies exist, the long-term benefits of improved efficiency and competitiveness are outweighing these concerns. The growth trajectory of the Middle East and Africa Industrial Automation market is expected to be particularly strong in countries experiencing rapid economic growth and significant industrial development. Saudi Arabia, the UAE, and other key regional economies are leading the adoption of automation technologies. The manufacturing sector, in particular, is witnessing a significant shift towards automation to enhance production capabilities and compete globally. The increasing demand for consumer goods and the focus on improving supply chain efficiency are also contributing to the market's expansion. The continued investment in research and development, coupled with supportive government policies aimed at promoting technological advancement, will further fuel the growth of the industrial automation market in the Middle East and Africa over the forecast period. Competition in the market is intense, with both global and regional players vying for market share. This competitive landscape fosters innovation and drives down prices, making automation solutions more accessible to businesses of varying sizes. Recent developments include: December 2022: Rockwell Automation introduced FactoryTalk Vault to store and protect industrial files, automate project analysis, and streamline work processes. FactoryTalk VaultTM provides centralized, secure, cloud-native storage for manufacturing design teams. FactoryTalk Vault enables deeper examination of controller projects for more design insights with its access control, contemporary version, and enhanced Design Tools., December 2022: ABB introduced the "ABB SWIFT CRB 1300" cobot to automate warehouse tasks such as palletizing, pick-and-place, and others. ABB customers can now use robotic automation to make their processes more efficient, flexible, and resilient, assisting in the fight against labor shortages by allowing their employees to perform core business functions., January 2022: DHL Express, a courier services company, opened the Middle East's largest robotic sorting center in central Israel. The company invested NIS 250 million (USD 80 million) in the facility near Ben Gurion Airport. A cargo plane can now be controlled in 50 minutes rather than four hours. Employees have been trained for other roles because the automated sorting system requires 70% fewer human resources.. Key drivers for this market are: Increasing Need For Better Inventory Management And Control, Rising Incidences of Cyberattacks. Potential restraints include: Increasing Need For Better Inventory Management And Control, Rising Incidences of Cyberattacks. Notable trends are: Penetration in Oil & Gas Industry to Grow Significantly.

Chinese investment in Africa has rapidly expanded in recent years and garnered significant attention. There has been considerable concern that this investment will increase corruption in African states. However, there has been little academic scrutiny or examination of these claims. This paper proposes and tests the theory that the effect of FDI on corruption is dependent on the source country, specifically proposing and testing the hypothesis that Chinese FDI has a more detrimental effect on corruption than FDI from developed economies. By analyzing a random effects model with pooled cross-sectional, time series data on corruption and foreign direct investment from 52 African countries from 2002-2012 I show that, contrary to the theoretical prediction, investment from Chinese sources does not have a significantly different effect on corruption than foreign investment from developed countries. Though Chinese investors are less deterred by high levels of corruption, their investment in more corrupt countries does not increase overall corruption levels.

As of 2022, DR Congo held the largest share in the global industrial diamond production compared to other African countries. The country accounted for around ***** percent of the output. Following this were Botswana and South Africa, with roughly **** percent and **** percent, respectively. Overall, Africa was responsible for more than half of the global industrial diamond production in the said year.

South Africa ZA: Income Share Held by Highest 10% data was reported at 50.500 % in 2014. This records a decrease from the previous number of 51.300 % for 2010. South Africa ZA: Income Share Held by Highest 10% data is updated yearly, averaging 50.500 % from Dec 1993 (Median) to 2014, with 7 observations. The data reached an all-time high of 54.200 % in 2005 and a record low of 44.900 % in 2000. South Africa ZA: Income Share Held by Highest 10% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Africa – Table ZA.World Bank.WDI: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.

Analysis of Africa's industrial fatty alcohols market, including consumption, production, imports, exports, and forecasts. Key countries, growth rates (CAGR), and market values from 2024 to 2035 are detailed.

Analysis of Africa's industrial bakery machinery market, including consumption, production, import, and export trends from 2013-2024, with forecasts to 2035. Covers key countries like Nigeria, South Africa, and Madagascar.

Explore the World Competitiveness Ranking dataset for 2016, including key indicators such as GDP per capita, fixed telephone tariffs, and pension funding. Discover insights on social cohesion, scientific research, and digital transformation in various countries.

Social cohesion, The image abroad of your country encourages business development, Scientific articles published by origin of author, International Telecommunication Union, World Telecommunication/ICT Indicators database, Data reproduced with the kind permission of ITU, National sources, Fixed telephone tariffs, GDP (PPP) per capita, Overall, Exports of goods - growth, Pension funding is adequately addressed for the future, Companies are very good at using big data and analytics to support decision-making, Gross fixed capital formation - real growth, Economic Performance, Scientific research legislation, Percentage of GDP, Health infrastructure meets the needs of society, Estimates based on preliminary data for the most recent year., Singapore: including re-exports., Value, Laws relating to scientific research do encourage innovation, % of GDP, Gross Domestic Product (GDP), Health Infrastructure, Digital transformation in companies is generally well understood, Industrial disputes, EE, Female / male ratio, State ownership of enterprises, Total expenditure on R&D (%), Score, Colombia, Estimates for the most recent year., Percentage change, based on US$ values, Number of listed domestic companies, Tax evasion is not a threat to your economy, Scientific articles, Tax evasion, % change, Use of big data and analytics, National sources, Disposable Income, Equal opportunity, Listed domestic companies, Government budget surplus/deficit (%), Pension funding, US$ per capita at purchasing power parity, Estimates; US$ per capita at purchasing power parity, Image abroad or branding, Equal opportunity legislation in your economy encourages economic development, Number, Article counts are from a selection of journals, books, and conference proceedings in S&E from Scopus. Articles are classified by their year of publication and are assigned to a region/country/economy on the basis of the institutional address(es) listed in the article. Articles are credited on a fractional-count basis. The sum of the countries/economies may not add to the world total because of rounding. Some publications have incomplete address information for coauthored publications in the Scopus database. The unassigned category count is the sum of fractional counts for publications that cannot be assigned to a country or economy. Hong Kong: research output items by the higher education institutions funded by the University Grants Committee only., State ownership of enterprises is not a threat to business activities, Protectionism does not impair the conduct of your business, Digital transformation in companies, Total final energy consumption per capita, Social cohesion is high, Rank, MTOE per capita, Percentage change, based on constant prices, US$ billions, National sources, World Trade Organization Statistics database, Rank, Score, Value, World Rankings

Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, China, Colombia, Croatia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, Jordan, Kazakhstan, Latvia, Lithuania, Luxembourg, Malaysia, Mexico, Mongolia, Netherlands, New Zealand, Norway, Oman, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Singapore, Slovenia, South Africa, Spain, Sweden, Switzerland, Thailand, Turkey, Ukraine, United Kingdom, Venezuela

Follow data.kapsarc.org for timely data to advance energy economics research.

The global industrial boilers market size was valued at USD 14.79 billion in 2022. It is projected to reach USD 22.36 billion by 2031, growing at a CAGR of 4.7% during the forecast period (2023-2031).
Report Scope:

Report Metric	Details
Market Size in 2022	USD 14.79 Billion
Market Size in 2023	USD XX Billion
Market Size in 2031	USD 22.36 Billion
CAGR	4.7% (2023-2031)
Base Year for Estimation	2022
Historical Data	2019-2021
Forecast Period	2023-2031
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	By Type,By Heat Source,By Application,By Region.
Geographies Covered	North America, Europe, APAC, Middle East and Africa, LATAM,
Countries Covered	U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, Southeast Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia,