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Global Commercial Boiler Market Size, Share, Trends, Growth: By Technology: Condensing, Non-Condensing; By Fuel Type: Natural Gas, Oil, Coal, Others; By Capacity: Less Than 10 MMBtu/Hr, 10-50 MMBtu/Hr, Others; By End Use: Hospitals, Offices, Educational Institutions, Others; Regional Analysis; Competitive Landscape; 2024-2032
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Commercial Boiler Market Analysis
8.1 Key Industry Highlights
8.2 Global Commercial Boiler Historical Market (2018-2023)
8.3 Global Commercial Boiler Market Forecast (2024-2032)
8.4 Global Commercial Boiler Market by Technology
8.4.1 Condensing
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Non-Condensing
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Commercial Boiler Market by Fuel Type
8.5.1 Natural Gas
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Oil
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Coal
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Commercial Boiler Market by Capacity
8.6.1 Less Than 10 MMBtu/Hr
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 10-50 MMBtu/Hr
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Others
8.7 Global Commercial Boiler Market by End Use
8.7.1 Hospitals
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Offices
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Educational Institutions
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Others
8.8 Global Commercial Boiler Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Commercial Boiler Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Commercial Boiler Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Commercial Boiler Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Commercial Boiler Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Commercial Boiler Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Robert Bosch GmbH
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Ariston Holding N.V.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 SPX Corporation (WM Technologies LLC)
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Superior Boiler
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Cleaver-Brooks Company, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Parker Boiler Co.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Patterson-Kelley, LLC
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Fulton Boiler Works, Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Vaillant Group
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Energy Kinetics
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Commercial Boiler Market: Key Industry Highlights, 2018 and 2032
2. Global Commercial Boiler Historical Market: Breakup by Technology (USD Billion), 2018-2023
3. Global Commercial Boiler Market Forecast: Breakup by Technology (USD Billion), 2024-2032
4. Global Commercial Boiler Historical Market: Breakup by Fuel Type (USD Billion), 2018-2023
5. Global Commercial Boiler Market Forecast: Breakup by Fuel Type (USD Billion), 2024-2032
6. Global Commercial Boiler Historical Market: Breakup by Capacity (USD Billion), 2018-2023
7. Global Commercial Boiler Market Forecast: Breakup by Capacity (USD Billion), 2024-2032
8. Global Commercial Boiler Historical Market: Breakup by End Use (USD Billion), 2018-2023
9. Global Commercial Boiler Market Forecast: Breakup by End Use (USD Billion), 2024-2032
10. Global Commercial Boiler Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Commercial Boiler Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Commercial Boiler Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Commercial Boiler Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Commercial Boiler Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Commercial Boiler Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Commercial Boiler Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Commercial Boiler Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Commercial Boiler Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Commercial Boiler Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Commercial Boiler Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Commercial Boiler Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Commercial Boiler Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 1.32 billion.
The market is expected to grow at a CAGR of 4.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 1.94 billion by 2032.
The market is being driven by rapid industrialisation and urbanisation, expansion of the commercial sector, and increased demand for heating systems from offices and medical institutions.
The key trends aiding the market expansion include innovations in boiler size and usage, integration of water softener systems and IIoT technology, and growing installation of low emission boilers and equipment to meet emission and sustainability requirements.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the key regions analysed in the market report.
Commercial boilers incorporate condensing and non-condensing technology.
Commercial boilers operate on various fuel types such as natural gas, oil, and coal, among others.
The key players in the market include Robert Bosch GmbH, Ariston Holding N.V., SPX Corporation (WM Technologies LLC), Superior Boiler, Cleaver-Brooks Company, Inc., Parker Boiler Co., Patterson-Kelley, LLC, Fulton Boiler Works, Inc., Vaillant Group, and Energy Kinetics, among others.
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