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Report Overview
The global electric boiler market attained a value of USD 10.55 Billion in 2025 and is projected to expand at a CAGR of 9.40% through 2035. The market is further expected to achieve USD 25.91 Billion by 2035. Growth is also fueled by rising demand for low-noise, low-maintenance steam systems across hospitals, chemical plants, and food processors where fewer mechanical components decrease downtime and staffing requirements.
A defining development in the market surfaced in February 2025, when Bosch Industriekessel GmbH unveiled its E-LSB industrial electric steam boiler series featuring electrode conductivity modulation and predictive load management for variable renewable grids. This series eases energy contract penalties for users who operate in multiple shifts. Industrial buyers are now treating electric boilers as grid-interactive assets rather than simply emission-free heating equipment, propelling the electric boiler market trends. The move also reflects a deeper focus on carbon reporting pressure, where electric steam generation aligns better with Scope 1 reduction targets.
The market is also gathering traction across heavy manufacturing, district heating, textiles, and pharmaceuticals sectors. Operators want equipment that avoids combustion risks and passes ESG audits without complex permitting. For example, Babcock Wanson offers LV-Pack low-voltage industrial electric boiler, with steam outputs from 600 kg/h to 8400 kg/h and a design pressure of up to 18 barg. At the same time, grid operators and utilities are encouraging electrification of heat loads to absorb nighttime renewable oversupply, which indirectly favors high-capacity electric boilers, accelerating the electric boiler market value. Companies are responding with smart sequencing controls, integrated storage tanks, and modular skid systems that allow stepwise electrification without downtime.
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
Competitive Landscape
Competition in the global industry is intensifying as manufacturers pivot from basic resistance heating toward grid-interactive, automation-rich systems that fit ESG goals and flexible energy pricing. Electric boiler market players are focusing on electrification, decarbonization, and easier compliance. The strongest opportunities lie in modular systems that let commercial buildings and factories electrify heat in phases without ripping out existing infrastructure.
Other clear opportunities for electric boiler companies lie in remote diagnostics, predictive heating, and tariff-aware controls. Installers and EPC partners expect shorter commissioning times, transparent ROI conversations, and global service footprints. There is also room for suppliers who can help customers participate in clean-heat incentives while reducing demand-charge exposure. Industrial buyers are especially drawn to products that combine uptime guarantees with a carbon-reporting interface.
Key Players
Nibe Energy Systems Limited
Nibe Energy Systems Limited, founded in 2006 and based in the United Kingdom, supplies electric boilers as part of its wider renewable heating portfolio, including heat pumps and hybrid plant solutions. The company focuses on smart load-balancing boilers that sync with building management systems and rooftop solar, helping commercial clients cut consumption during expensive peak hours.
Elnur UK Ltd
Elnur UK Ltd, established in 1973 and headquartered in the United Kingdom, is known for electric boilers designed for modern low-temperature hydronic systems. Its catalog includes digitally controlled smart boilers that pair with room-by-room zoning systems and tariff automation. Elnur positions itself well in retrofit markets, especially where gas or oil removal deadlines apply.
Precision Boilers, LLC
Precision Boilers, LLC, founded in 1946 and headquartered in Tennessee, United States, specializes in industrial and commercial electric steam and hot water boilers. The business focuses on skid-mounted, custom-engineered systems with PLC-based controls for factories, universities and district energy operators.
Reimers Electra Steam, Inc.
Reimers Electra Steam, Inc., founded in 1908 and headquartered in Clear Brook, Virginia, United States, manufactures small to medium-capacity electric steam boilers widely used in healthcare, food processing, laboratories, and packaging. The firm focuses on compact electric boilers with fast warm-up and stainless-steel pressure vessels for clean-steam environments.
Other key players in the market include Thermo 2000 Inc, Acme Engineering Products Ltd., ACV UK Ltd, Babcock Wanson Ltd, Robert Bosch GmbH, and Cerney S.A., among others.
Electric Boiler Market Report Snapshots
*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.*
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Key Questions Answered in the Report
In 2025, the market reached an approximate value of USD 10.55 Billion.
The market is projected to grow at a CAGR of 9.40% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach USD 25.91 Billion by 2035.
Stakeholders are investing in modular boiler banks, integrating demand-response controls, building installer training hubs, offering financing with performance guarantees, and targeting carbon-focused commercial and industrial portfolios for predictable repeat adoption.
The rising adoption of energy-efficient heating systems and surging costs of fossil fuels are the key trends propelling the growth of the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The primary products of electric boilers in the market are hot water boiler and electric steam boiler.
The key players in the market include Nibe Energy Systems Limited, Elnur UK Ltd, Precision Boilers, LLC, Reimers Electra Steam, Inc., Thermo 2000 Inc, Acme Engineering Products Ltd., ACV UK Ltd, Babcock Wanson Ltd, Robert Bosch GmbH, and Cerney S.A., among others.
High upfront electrification costs, grid-capacity constraints, demand-charge penalties, lack of skilled installers and long approval timelines slow adoption even when users are motivated to eliminate combustion from plant rooms.
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