Commercial Boilers Market Expected to Reach 2710 Million US$ by 2025
The global Commercial Boilers market is valued at 1950 million US$ in 2017 and will reach 2710 million US$ by the end of 2025, growing at a CAGR of 4.2% during 2018-2025.
Los Angeles, CA -- (SBWire) -- 10/24/2018 --This report studies the global Commercial Boilers market status and forecast, categorizes the global Commercial Boilers market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
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.
Commercial Boilers are mainly classified into the following types: Oil & Gas Boiler, Coal Boiler, Biomass Boiler, etc. Oil & Gas Boiler is the most widely used type which takes up about 89 % of the total in 2017 in Global.
Europe and USA are the main consumption regions of Commercial Boilers in the world in the past few years and it will keep the same position in the next few years. The market size of Asia-Pacific region will grow fast in the following years.
The downstream industries of Commercial Boilers products are Schools, Hospitals, Office Building, Retail and Warehouse, etc. In the recent years, with the recovery of global economic and the development of emerging countries, the consumption increase of Commercial Boilers has been obvious. In the foreseeable future, the Commercial Boilers products will show an optimistic upward trend.
Although sales of Commercial Boilers bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the Commercial Boilers field hastily.
The global Commercial Boilers market is valued at 1950 million US$ in 2017 and will reach 2710 million US$ by the end of 2025, growing at a CAGR of 4.2% during 2018-2025.
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The major manufacturers covered in this report
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
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Oil & Gas Boiler
Coal Boiler
Biomass Boiler
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Schools
Hospitals
Office Building
Retail and Warehouse
Others
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