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Commercial Boilers Market Size, Share, Development by 2024– Top Key players like Viessmann,Vaillant,Ferroli,Inc.
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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 90% of the global market in 2018.
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.
According to this study, over the next five years the Commercial Boilers market will register a 4.0% CAGR in terms of revenue, the global market size will reach US$ 2620 million by 2024, from US$ 2150 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Commercial Boilers business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
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
Market Segment by Type, covers
Oil & Gas Boiler
Coal Boiler
Biomass Boiler and Other
Market Segment by Applications, can be divided into
Schools
Hospitals
Office Building
Retail and Warehouse
Others
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Related Information:
North America Commercial Boilers Market Growth 2019-2024
United States Commercial Boilers Market Growth 2019-2024
Asia-Pacific Commercial Boilers Market Growth 2019-2024
Europe Commercial Boilers Market Growth 2019-2024
EMEA Commercial Boilers Market Growth 2019-2024
Global Commercial Boilers Market Growth 2019-2024
China Commercial Boilers Market Growth 2019-2024
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