Commercial Boiler Market Trends 2022 | Segmentation, Outlook, Industry Report to 2028

The global commercial boiler market size is expected to reach US$ 2.8 billion by 2030 from US$ 1.9 billion in 2020, growing at a CAGR of 4% from 2022 to 2028. A commercial boiler is a pressurized system that generates heat by burning combustible fuel. It provides heating to residential and commercial buildings. Burners, combustion chambers, heat exchangers, controls, and exhaust stacks are just a few of the components that make up a commercial boiler. These additional features are essential for the optimal operation of commercial boilers.

Company Profile

• Aerco International Inc. (Watts Water Technologies),
• Ariston Holding N.V.,
• Cleaver-Brooks Inc.,
• Energy Kinetics Inc.,
• Parker Boiler,
• PB Heat LLC. (NORITZ Corporation),
• Slant/Fin Corporation,
• Superior Boiler Works Inc.,
• The Fulton Companies, Vaillant Group,
• Weil-McLain (SPX Corporation)
• Wolf GmbH (Centrotec SE).
• A.O. Smith Corporation
• Bosch Thermotechnology
• Cochran Limited
• Vaillant Group

Market – Segmentation

By Fuel Type:

• Natural Gas
• Oil
• Coal
• Others
   

By Technology:

• Condensing
• Non-Condensing
   

By Capacity:

• Less Than 10 MMBtu/Hr
• 10-50 MMBtu/Hr
• Others
   

By End User:

• Offices
• Hospitals
• Educational Institutions
• Lodging
• Others

Scope of the Report

The research study analyzes the Commercial Boiler Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Commercial Boiler Market Report

• What was the Commercial Boiler Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028).
• What will be the CAGR of the Commercial Boiler Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Commercial Boiler Market was the market leader in 2021?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.