Press release
Global Commercial Boilers Market Expected to Witness a Sustainable Growth over 2024
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.
Global consumption of commercial boilers will rise up from 163.8 thousand units in 2014 to 191.2 thousand units in 2019, with an average annual growth rate of 3.15%. At the same time, the revenue of global commercial boilers market has a leap from 1.75 billion USD to 2.04 billion USD. The reason causes this increase is the growing demand for the commercial boilers, which is the result of the growing needs of downstream industry.
According to this study, over the next five years the Commercial Boilers market will register a 4.5% CAGR in terms of revenue, the global market size will reach US$ 2363.4 million by 2024, from US$ 1984.9 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.
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This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Boilers market by product type, application, key manufacturers and key regions and countries.
This study considers the Commercial Boilers value and volume generated from the sales of the following segments:
Market Segment by Manufacturers, this report covers
Viessmann
Bradford White
Bosch Thermotechnology
Vaillant
BDR Thermea
A. O. Smith
Weil-McLain
Ferroli
AERCO
Group Atlantic
Harsco
SUNhouse
Laowan
Froling
Riello
Fulton
Ariston
Cleaver-Brooks
Market Segment by Type, covers
Oil & Gas Boiler
Coal Boiler
Biomass Boiler
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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