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Some leading commercial boiler suppliers include
Many of these firms are prioritizing mergers and acquisitions to consolidate their industry presence. Recently, in January 2023, Babcock Wanson, a UK-based supplier of industrial boilers, announced the acquisition of Parat, a leader in high-voltage boilers, and PBS Power Equipment, a prominent boiler manufacturer based out of Europe.
This strategic move helped the company expand its customer base and capture a high market share while increasing its expertise.