Boiler Market
Boiler Market - Global Industry Assessment & Forecast
#
Pages:
189
Base Year:
2023
Jul - 2024
Format:
Report Code:
VMR-VMR-2021-0751
Segments Covered
By
Fuel Natural Gas, Oil, Coal, Electric, Others
-
By
Capacity ≤ 10 MMBtu/hr, >10-50 MMBtu/hr, > 50 - 100 MMBtu/hr, >100-250 MMBtu/hr, > 250 MMBtu/hr
-
By
Application Residential, Commercial, Industrial
-
By
Region North America , Europe , Asia Pacific , Latin America , The Middle-East and Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 37.1 Billion |
 Revenue 2032:
|
USD 61.3 Billion |
 Revenue CAGR
(2024 - 2032): |
5.74 % |
Fastest Growing Region (2024 -
2032)
|
North America |
Largest Region (2023):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Boiler Market Segment Analysis
- Boiler Fuel Outlook (Revenue, USD Million, 2018 - 2030)
- Natural Gas
- Oil
- Coal
- Electric
- Others
- Boiler Capacity Outlook (Revenue, USD Million, 2018 - 2030)
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- Boiler Application Outlook (Revenue, USD Million, 2018 - 2030)
- Residential
- Commercial
- Industrial
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
-
North America Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
-
North America Boiler Market, by Application
- Residential
- Commercial
- Industrial
- U.S.
- U.S. Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- U.S. Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- U.S. Boiler Market, by Application
- Residential
- Commercial
- Industrial
- U.S. Boiler Market, by Fuel
- Canada
- Canada Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- Canada Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- Canada Boiler Market, by Application
- Residential
- Commercial
- Industrial
- Canada Boiler Market, by Fuel
-
Mexico
- Mexico Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- Mexico Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- Mexico Boiler Market, by Application
- Residential
- Commercial
- Industrial
- Mexico Boiler Market, by Fuel
-
North America Boiler Market, by Fuel
- Europe
-
Europe Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
-
Europe Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
-
Europe Boiler Market, by Application
- Residential
- Commercial
- Industrial
- U. K.
- U.K. Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- U.K. Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- U.K. Boiler Market, by Application
- Residential
- Commercial
- Industrial
- U.K. Boiler Market, by Fuel
- France
- France Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- France Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- France Boiler Market, by Application
- Residential
- Commercial
- Industrial
- France Boiler Market, by Fuel
-
Germany
- Germany Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- Germany Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- Germany Boiler Market, by Application
- Residential
- Commercial
- Industrial
- Germany Boiler Market, by Fuel
-
Italy
- Italy Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- Italy Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- Italy Boiler Market, by Application
- Residential
- Commercial
- Industrial
- Italy Boiler Market, by Fuel
-
Spain
- Spain Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- Spain Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- Spain Boiler Market, by Application
- Residential
- Commercial
- Industrial
- Spain Boiler Market, by Fuel
-
Rest of Europe
- Rest of Europe Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- Rest of Europe Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- Rest of Europe Boiler Market, by Application
- Residential
- Commercial
- Industrial
- Rest of Europe Boiler Market, by Fuel
-
Europe Boiler Market, by Fuel
- Asia Pacific
-
Asia Pacific Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
-
Asia Pacific Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
-
Asia Pacific Boiler Market, by Application
- Residential
- Commercial
- Industrial
- China
- China Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- China Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- China Boiler Market, by Application
- Residential
- Commercial
- Industrial
- China Boiler Market, by Fuel
- Japan
- Japan Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- Japan Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- Japan Boiler Market, by Application
- Residential
- Commercial
- Industrial
- Japan Boiler Market, by Fuel
-
Germany
- Germany Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- Germany Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- Germany Boiler Market, by Application
- Residential
- Commercial
- Industrial
- Germany Boiler Market, by Fuel
-
India
- India Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- India Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- India Boiler Market, by Application
- Residential
- Commercial
- Industrial
- India Boiler Market, by Fuel
-
South Korea
- South Korea Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- South Korea Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- South Korea Boiler Market, by Application
- Residential
- Commercial
- Industrial
- South Korea Boiler Market, by Fuel
-
South East Asia
- South East Asia Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- South East Asia Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- South East Asia Boiler Market, by Application
- Residential
- Commercial
- Industrial
- South East Asia Boiler Market, by Fuel
-
Rest of Asia Pacific
- Rest of Asia Pacific Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- Rest of Asia Pacific Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- Rest of Asia Pacific Boiler Market, by Application
- Residential
- Commercial
- Industrial
- Rest of Asia Pacific Boiler Market, by Fuel
-
Asia Pacific Boiler Market, by Fuel
- Latin America
-
Latin America Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
-
Latin America Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
-
Latin America Boiler Market, by Application
- Residential
- Commercial
- Industrial
- Brazil
- Brazil Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- Brazil Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- Brazil Boiler Market, by Application
- Residential
- Commercial
- Industrial
- Brazil Boiler Market, by Fuel
- Argentina
- Argentina Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- Argentina Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- Argentina Boiler Market, by Application
- Residential
- Commercial
- Industrial
- Argentina Boiler Market, by Fuel
-
Rest of Latin America
- Rest of Latin America Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- Rest of Latin America Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- Rest of Latin America Boiler Market, by Application
- Residential
- Commercial
- Industrial
- Rest of Latin America Boiler Market, by Fuel
-
Latin America Boiler Market, by Fuel
- Middle East & Africa
-
Middle East & Africa Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
-
Middle East & Africa Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
-
Middle East & Africa Boiler Market, by Application
- Residential
- Commercial
- Industrial
- GCC Countries
- GCC Countries Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- GCC Countries Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- GCC Countries Boiler Market, by Application
- Residential
- Commercial
- Industrial
- GCC Countries Boiler Market, by Fuel
- South Africa
- South Africa Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- South Africa Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- South Africa Boiler Market, by Application
- Residential
- Commercial
- Industrial
- South Africa Boiler Market, by Fuel
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Boiler Market, by Fuel
- Natural Gas
- Oil
- Coal
- Electric
- Others
- Rest of Middle East & Africa Boiler Market, by Capacity
- ≤ 10 MMBtu/hr
- >10-50 MMBtu/hr
- > 50 - 100 MMBtu/hr
- >100-250 MMBtu/hr
- > 250 MMBtu/hr
- Rest of Middle East & Africa Boiler Market, by Application
- Residential
- Commercial
- Industrial
- Rest of Middle East & Africa Boiler Market, by Fuel
-
Middle East & Africa Boiler Market, by Fuel
- North America
FAQ
Frequently Asked Question
What is the global demand for Boiler in terms of revenue?
-
The global Boiler valued at USD 37.1 Billion in 2023 and is expected to reach USD 61.3 Billion in 2032 growing at a CAGR of 5.74 %.
Which are the prominent players in the market?
-
The prominent players in the market are General Electric, Siemens, Babcock & Wilcox, Mitsubishi Hitachi Power Systems, Bosch Thermotechnik GmbH, A.O. Smith, Cleaver-Brooks, Forbes Marshall, Weil-McLain, Thermax.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.74 % between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Boiler include
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Boiler in 2023.
