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The boiler industry is set to witness an upsurge on account of stringent regulatory norms to limit carbon emissions and surging replacement of conventional steam generating units with energy efficient systems. The replacement of the age-old units is a prominent trend across the regions where the age of boiler stock is near or over the average operating life. The product offers key advantages including low operational costs, increased comfort and reduced energy costs, accelerating the industry potential. In addition, the efficiency index of the domestic boiler ranges up to 90% without dropping any heat in line with more safety and low carbon footprints.

The boilers are bifurcated into two types, one that produces hot water and other that offers steam, which is later used to carry out the heating process. The natural gas, oil, and coal have been utilized as the primary fuels to operate boilers over the years, however, with the ongoing innovations electric fired boilers are also gaining traction across various applications. The key market players are focusing on transformation of their manufacturing operations by integrating automation and robotics to maximize space, reduce labor costs, and optimize production time, which indicates significant opportunities for the industry in the near term.

Drivers:

  • Robust participation of private players in line with government initiatives toward the expansion & development of commercial and industrial establishments.
  • Shifting consumer focus toward the adoption of advanced space and water heating systems along with favorable government tax incentives.
  • Increasing applicability across healthcare, chemical, pulp & paper, and refinery establishments.
  • Increasing concerns pertaining to greenhouse gas emissions coupled with achieving high energy efficiency have compelled the regulators to form stringent norms, which in turn will stimulate the demand for boilers.
  • Increasing need for space heating primarily across the residential and commercial buildings coupled with extreme climatic conditions across certain regions.
  • The growing consumer awareness & environmental constraints favored by regulatory reforms to encourage the installation of efficient and reliable heating systems.
  • Robust industrialization along with extensive investments by public & private players toward the expansion of manufacturing facilities.

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  •    Boiler
  •    Compressors
  •    Electrical Equipment
  •    Heat Pumps
  •    Water Heater

Published: August 2022   

Industrial Electric Boiler Market530 Pages

Industrial Electric Boiler Market size valued at USD 202.8 million in 2021 and is expected to expand at over 14.8% CAGR from 2022 to 2030. ...

Published: June 2022   

Combi Boiler Market330 Pages

Combi Boiler Market size valued at USD 23 billion in 2021 and is projected to expand at a CAGR of around 5.1% from 2022 to 2030....

Published: April 2022   

North America Industrial Boiler Market230 Pages

North America Industrial Boiler Market size valued at USD 1.5 billion in 2021 and is projected to expand at over CAGR of 4.9% from 2022 to 2028....

Published: March 2022   

Industrial Boiler Market2140 Pages

Industrial Boiler Market size exceeded USD 9 billion in 2021 and is projected to grow at over 4.7% CAGR from 2022 to 2028....

Published: March 2022   

North America Commercial Boiler Market190 Pages

North America Commercial Boiler Market size exceeded USD 1.7 billion in 2021 and is projected to expand at over 4.5% CAGR from 2022 to 2028....

Published: January 2022   

North America & Europe Electric Boilers Market255 Pages

North America & Europe Electric Boilers Market Size exceeded USD 990 million in 2021 and the annual installation is anticipated to surpass 150 thousand units by 2028....

Published: November 2021   

U.S. Industrial Boiler Market840 Pages

U.S. industrial boiler market size exceeded USD 1.2 Billion in 2020 and its annual installation is estimated to exceed 15 thousand units by 2028....

Published: August 2021   

U.S. Boiler Market1290 Pages

U.S. Boiler Market Size was valued at over USD 2.7 billion in 2020 and is set to grow at a CAGR of over 4.5% through 2028. ...

Published: July 2021   

Commercial Boiler Market650 Pages

Commercial boiler market size was estimated at over USD 8.5 billion in 2020 and is set to register more than 4% CAGR between 2021 and 2028. ...

Published: June 2021   

U.S. Commercial Boiler Market990 Pages

U.S. commercial boiler market size was estimated at over USD 1.5 billion in 2020 and is set to register over 4.4% CAGR between 2021 and 2027....

Published: February 2021   

Residential Boiler Market410 Pages

Residential boiler market size was valued at over USD 38 billion in 2020 and is expected to register more than 6% CAGR between 2021 and 2027....

Published: December 2019   

UK Commercial Boiler Market110 Pages

UK Commercial Boiler Market size was valued at over USD 900 million in 2019 and annual sales is anticipated to exceed 51 thousand units by 2026....

Published: September 2019   

Circulating Fluidized Bed Boiler Market470 Pages

Global Circulating Fluidized Bed Boiler Market size was valued over USD 38 billion in 2018 and is anticipated to expand over 400 GW by 2025....

Published: March 2019   

Steam Boiler Market1350 Pages

Steam Boiler Market size in 2018, was valued over USD 15 billion and is set to expand over 3% by 2025....

Published: November 2018   

Gas Fired Boiler Market830 Pages

Gas Fired Boiler Market size was valued over USD 15 billion in 2017 and the annual installation is anticipated to exceed 7 million units by 2024....

Published: October 2018   

Utility Boiler Market335 Pages

Utility Boiler Market size was valued over USD 20 billion in 2017 and annual installation is anticipated to exceed 60 GW by 2024....

Published: October 2018   

Water Tube Industrial Boiler Market725 Pages

Water Tube Industrial Boiler Market size was valued over USD 7 billion in 2017 and annual installation is anticipated to exceed 60 thousand units by 2024...

Published: September 2018   

Fire Tube Industrial Boiler Market665 Pages

Fire Tube Industrial Boiler Market size was valued over USD 2 billion in 2017 and annual installation is anticipated to exceed 40 thousand units by 2024...

Published: July 2018   

Europe Residential Boiler Market320 Pages

Europe Residential Boiler Market size was valued over USD 5 billion in 2017 and annual installation is anticipated to exceed 6 Million Units by 2024....

Published: July 2018   

Boiler Market1050 Pages

Global boiler market size in 2017 was valued over USD 50 billion and annual installation is anticipated to exceed 13 Million Units by 2024....

Published: March 2018   

Europe Boiler Market220 Pages

Europe Boiler Market size for 2016 was valued over USD 10 billion and is set to exceed an annual installation of 6 million units by 2024....

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