The key manufacturers operating in the industry’s competitive landscape include:
ACV
Bosch Industriekessel GmbH
Chromalox
Thermon
VIESSMANN
Cochrane Engineering
Acme Engineering Products
Atlantic Boilers
Bradford White Corporation
Cleaver-Brooks
Danstoker
Electro Industries
FERROLI
Flexiheat
Klöpper-Therm GmbH
Kospel spó?ka
LAARS Heating Systems
P.M. Lattner Manufacturing S.A.S Lacaze Energies
Slant/Fin Corporation
The Fulton Companies
Thermona,
Värmebaronen.
Authors:
Ankit Gupta, Shubham Chaudhary
Frequently Asked Questions (FAQ) :
The market size of residential electric boiler crossed USD 8.7 billion in 2023 and is estimated to grow at 11% CAGR during 2024 to 2032, attributed to the stringent regulatory framework regarding CO2 emissions across several economies.
The low-voltage residential electric boiler industry is anticipated to be worth USD 15 billion by 2032, given the high energy efficiency and low maintenance requirements of the products.
Europe residential electric boiler industry is slated to amass USD 14 billion in revenue by 2032, credited to the positive outlook of the regional real estate sector and growing consumer inclination toward sustainable heating systems.
Notable players in the residential electric boiler business scenario are ACV, Bosch Industriekessel GmbH, Chromalox, Thermon, VIESSMANN, Cochrane Engineering, Acme Engineering Products, Atlantic Boilers, Bradford White Corporation, Cleaver-Brooks, Danstoker, Electro Industries, FERROLI, Flexiheat, and others.