Thermal power is a main way of power generation in our country, and the power boiler, as one of the three host equipment of thermal power station, is developing along with the development of thermal power industry in our country.

In recent years, environmental protection and energy conservation have become an important direction in the structural adjustment of China's power industry. The thermal power industry has actively promoted the optimization and upgrading of the industrial structure under the policy of "increasing the size and reducing the size", and shut down a large number of small thermal power units with low energy efficiency and heavy pollution, which has greatly accelerated the upgrading of domestic thermal power equipment.

According to the In-depth Research and Investment Forecast Analysis Report of China's Power plant Boiler Industry released by Qianzhan Industrial Research Institute, by the end of 2010, the thermal power units with a capacity of 300,000kw or above accounted for more than 60% of the total thermal power unit capacity. The thermal power industry also promotes the development of power plant boilers to the direction of high parameters and large capacity. In addition, clean coal technologies such as circulating fluidized bed and IGCC are gradually mature and widely used, thus promoting the development of CFB boiler and IGCC gasifier.

As a result of the historical reasons, three major power station equipment manufacturing bases have been formed in our country. The groups of Shanghai Electric, Harbin Electric and Dongfang Electric have independently formed large-scale research and manufacturing capacity of complete sets of power station equipment, which are the first echelon of domestic power station equipment manufacturing. It is also the first echelon of domestic boiler manufacturing. In terms of output alone, the three power plant boiler manufacturers have occupied more than 60% of the domestic market share of power plant boiler products.

In the second tier are Wuguan, Jiguan, Huaguang Stock, Beiguan, Hangguo and other old power plant boiler manufacturers. In recent years, the integration and development of the boiler industry has given birth to new domestic boiler manufacturing forces such as Qingdao Xinfengyuan, Beijing Babcock Wilcox (joint venture), China West Energy Co., LTD., and with the help of large-scale power supply construction in the past few years, they quickly rose to the second tier and formed their own distinctive characteristics.

During the "12th Five-Year Plan" period, the proportion of thermal power generation in the national electricity will decline by 4-5 percentage points. However, the resource characteristics of China's abundant coal and tight power decide that thermal power generation will still occupy an important position in the power industry for a long time in the future.

According to the Outlook of Market Demand and Investment Planning Analysis Report of China's Industrial Boiler Industry published by Foresight Industry Research Institute, although the current growth rate of thermal power development slows down, in the long run, the future development prospect of thermal power industry is more optimistic under the promotion of positive factors such as environmental protection technology progress, power generation cost reduction and power demand increase. It can be seen that the market development potential of coal-fired boilers for thermal power stations is huge, among which the growth potential of CFB boilers and IGCC gasifiers will be more significant.