Market Analysis and Insights: Global Commercial Boilers Market

This report studies the Commercial Boilers market. Commercial Boilers, which include the subcategory of institutional boilers, are normally used to produce steam and heat water for space heating in offices, hotels, apartment buildings, hospitals, schools and similar facilities.

Due to the COVID-19 pandemic, the global Commercial Boilers market size is estimated to be worth US$ 2383.8 million in 2022 and is forecast to a readjusted size of US$ 3322.7 million by 2029 with a CAGR of 4.8% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Oil & Gas Boiler accounting for % of the Commercial Boilers global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Schools segment is altered to an % CAGR throughout this forecast period.

Europe is the largest market with about 32% revenue market share. United States and China are follower.

The key players are Viessmann, Bosch Thermotechnology, A. O. Smith, Vaillant, BDR Thermea, Ferroli, Group Atlantic, Weil-McLain, AERCO, Bradford White, Froling, Cleaver-Brooks, Fulton, Riello, Ariston, Harsco, Laowan, SUNhouse etc. Top 3 companies occupied about 14% revenue market share.

Global Commercial Boilers Scope and Market Size

The global Commercial Boilers market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Commercial Boilers market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Oil & Gas Boiler

Coal Boiler

Biomass Boiler


Segment by Application


Schools

Hospitals

Office Building

Retail and Warehouse

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


Viessmann

Bosch Thermotechnology

A. O. Smith

Vaillant

BDR Thermea

Ferroli

Group Atlantic

Weil-McLain

AERCO

Bradford White

Froling

Cleaver-Brooks

Fulton

Riello

Ariston

Harsco

Laowan

SUNhouse