Boiler Market

Boiler Market - Global Industry Assessment & Forecast

Heavy Industry

# 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

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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

Executive Dashboard
1. Strategic Imperatives
Premium Insights
1. Top 3 Trends to Watch
2. Demand and Supply Trends
3. Top 3 Strategies Followed by Major Players
4. Top 3 Predictions by Vantage Market Research
5. Top Investment Pockets
6. Insights from Primary Respondents
Global Boiler Market - Segment Analysis
1. Overview
2. Global Boiler Market, 2016 - 2028 (USD Million)
3. Global Boiler Market - by Fuel
  1. By Natural Gas
  2. By Oil
  3. By Coal
  4. By Electric
  5. By Others
4. Global Boiler Market - by Capacity
  1. By ≤ 10 MMBtu/hr
  2. By >10-50 MMBtu/hr
  3. By > 50 - 100 MMBtu/hr
  4. By >100-250 MMBtu/hr
  5. By > 250 MMBtu/hr
5. Global Boiler Market - by Application
  1. By Residential
  2. By Commercial
  3. By Industrial
6. Global Boiler Market - by region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America
  5. Middle East & Africa
7. Market comparative analysis
North America Boiler Market - Segment Analysis
1. Overview
2. North America Boiler Market, 2016 - 2028 (USD Million)
3. North America Boiler Market, by Fuel
  1. By Natural Gas
  2. By Oil
  3. By Coal
  4. By Electric
  5. By Others
4. North America Boiler Market, by Capacity
  1. By ≤ 10 MMBtu/hr
  2. By >10-50 MMBtu/hr
  3. By > 50 - 100 MMBtu/hr
  4. By >100-250 MMBtu/hr
  5. By > 250 MMBtu/hr
5. North America Boiler Market, by Application
  1. By Residential
  2. By Commercial
  3. By Industrial
6. North America Boiler Market, by Country
  1. U.S.
    1. U.S. Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. U.S. Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. U.S. Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
  2. Canada
    1. Canada Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. Canada Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. Canada Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
  3. Mexico
    1. Mexico Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. Mexico Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. Mexico Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
Europe Boiler Market - Segment Analysis
1. Overview
2. Europe Boiler Market, 2016 - 2028 (USD Million)
3. Europe Boiler Market, by Fuel
  1. By Natural Gas
  2. By Oil
  3. By Coal
  4. By Electric
  5. By Others
4. Europe Boiler Market, by Capacity
  1. By ≤ 10 MMBtu/hr
  2. By >10-50 MMBtu/hr
  3. By > 50 - 100 MMBtu/hr
  4. By >100-250 MMBtu/hr
  5. By > 250 MMBtu/hr
5. Europe Boiler Market, by Application
  1. By Residential
  2. By Commercial
  3. By Industrial
6. Europe Boiler Market, by Country
  1. Germany
    1. Germany Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. Germany Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. Germany Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
  2. UK
    1. UK Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. UK Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. UK Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
  3. France
    1. France Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. France Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. France Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
  4. Spain
    1. Spain Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. Spain Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. Spain Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
  5. Italy
    1. Italy Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. Italy Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. Italy Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
  6. BENELUX
    1. BENELUX Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. BENELUX Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. BENELUX Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
  7. Rest of Europe
    1. Rest Of Europe Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. Rest Of Europe Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. Rest Of Europe Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
Asia Pacific Boiler Market - Segment Analysis
1. Overview
2. Asia Pacific Boiler Market, 2016 - 2028 (USD Million)
3. Asia Pacific Boiler Market, by Fuel
  1. By Natural Gas
  2. By Oil
  3. By Coal
  4. By Electric
  5. By Others
4. Asia Pacific Boiler Market, by Capacity
  1. By ≤ 10 MMBtu/hr
  2. By >10-50 MMBtu/hr
  3. By > 50 - 100 MMBtu/hr
  4. By >100-250 MMBtu/hr
  5. By > 250 MMBtu/hr
5. Asia Pacific Boiler Market, by Application
  1. By Residential
  2. By Commercial
  3. By Industrial
6. Asia Pacific Boiler Market, by Country
  1. China
    1. China Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. China Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. China Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
  2. Japan
    1. Japan Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. Japan Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. Japan Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
  3. India
    1. India Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. India Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. India Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
  4. South Korea
    1. South Korea Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. South Korea Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. South Korea Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
  5. South East Asia
    1. South East Asia Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. South East Asia Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. South East Asia Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
  6. Rest of Asia Pacific
    1. Rest of Asia Pacific Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. Rest of Asia Pacific Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. Rest of Asia Pacific Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
Latin America Boiler Market - Segment Analysis
1. Overview
2. Latin America Boiler Market, 2016 - 2028 (USD Million)
3. Latin America Boiler Market, by Fuel
  1. By Natural Gas
  2. By Oil
  3. By Coal
  4. By Electric
  5. By Others
4. Latin America Boiler Market, by Capacity
  1. By ≤ 10 MMBtu/hr
  2. By >10-50 MMBtu/hr
  3. By > 50 - 100 MMBtu/hr
  4. By >100-250 MMBtu/hr
  5. By > 250 MMBtu/hr
5. Latin America Boiler Market, by Application
  1. By Residential
  2. By Commercial
  3. By Industrial
6. Latin America Boiler Market, by Country
  1. Brazil
    1. Brazil Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. Brazil Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. Brazil Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
  2. Argentina
    1. Argentina Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. Argentina Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. Argentina Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
  3. Rest of Latin America
    1. Rest of Latin America Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. Rest of Latin America Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. Rest of Latin America Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
Middle East & Africa Boiler Market - Segment Analysis
1. Overview
2. Middle East & Africa Boiler Market, 2016 - 2028 (USD Million)
3. Middle East & Africa Boiler Market, by Fuel
  1. By Natural Gas
  2. By Oil
  3. By Coal
  4. By Electric
  5. By Others
4. Middle East & Africa Boiler Market, by Capacity
  1. By ≤ 10 MMBtu/hr
  2. By >10-50 MMBtu/hr
  3. By > 50 - 100 MMBtu/hr
  4. By >100-250 MMBtu/hr
  5. By > 250 MMBtu/hr
5. Middle East & Africa Boiler Market, by Application
  1. By Residential
  2. By Commercial
  3. By Industrial
6. Middle East & Africa Boiler Market, by Country
  1. GCC Countries
    1. GCC Countries Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. GCC Countries Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. GCC Countries Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
  2. South Africa
    1. South Africa Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. South Africa Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. South Africa Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
  3. Rest of Middle East & Africa
    1. Rest of Middle East & Africa Boiler Market, By Fuel
      1. By Natural Gas
      2. By Oil
      3. By Coal
      4. By Electric
      5. By Others
    2. Rest of Middle East & Africa Boiler Market, By Capacity
      1. By ≤ 10 MMBtu/hr
      2. By >10-50 MMBtu/hr
      3. By > 50 - 100 MMBtu/hr
      4. By >100-250 MMBtu/hr
      5. By > 250 MMBtu/hr
    3. Rest of Middle East & Africa Boiler Market, By Application
      1. By Residential
      2. By Commercial
      3. By Industrial
Key Market Dynamics
1. Introduction
2. Market Drivers
3. Market Restraints
4. Market Opportunities
5. Porter's Five Forces Analysis
6. PEST Analysis
7. Regulatory Landscape
8. Technology Landscape
9. Regional Market Trends
COVID 19 Impact Analysis
1. Key strategies undertaken by companies to tackle COVID-19
2. Short term dynamics
3. Long term dynamics
Marketing Stratagy Analysis
1. Marketing Channel
2. Direct Marketing
3. Indirect Marketing
4. Marketing Channel Development Trends
Competative Landscape
1. Competition Matrix - 2021
2. Company Market Share Analysis - 2021
3. Key Company Activities, 2018 - 2021
4. Strategic Developments - Heat Map Analysis
5. Company Offering Evaluation
6. Company Regional Presence Evaluation
Company Profiles
1. General Electric
2. Siemens
3. Babcock & Wilcox
4. Mitsubishi Hitachi Power Systems
5. Bosch Thermotechnik GmbH
6. A.O. Smith
7. Cleaver-Brooks
8. Forbes Marshall
9. Weil-McLain
10. Thermax
Key Primary Respondents - VERBATIM
Discussion Guide
Customization Offered
Annexure
List of Figures
List of Tables
List of Abbreviations

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.

Boiler Market

Boiler Market - Global Industry Assessment & Forecast

Heavy Industry

Segments Covered

Snapshot

Customization Offered

FAQ

Frequently Asked Question

What is the global demand for Boiler in terms of revenue?

Which are the prominent players in the market?

At what CAGR is the market projected to grow within the forecast period?

What are the driving factors fueling the growth of the market.

Which region accounted for the largest share in the market?

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Boiler Market

Boiler Market - Global Industry Assessment & Forecast

Heavy Industry

Segments Covered

Snapshot

Customization Offered

FAQ

Frequently Asked Question

What is the global demand for Boiler in terms of revenue?

Which are the prominent players in the market?

At what CAGR is the market projected to grow within the forecast period?

What are the driving factors fueling the growth of the market.

Which region accounted for the largest share in the market?

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