Press release
Electric Boiler Market to Accelerate at 7.52% CAGR on Next-Gen Energy Storage Investments
The electric boiler market is witnessing a steady rise in demand as global industries and households shift toward cleaner and more energy-efficient heating systems. Electric boilers-used for both industrial process heating and residential hot water supply-offer a low-emission, high-efficiency alternative to traditional gas and oil-fired boilers. As electrification becomes central to global decarbonization strategies, electric boilers are expected to play a crucial role in modern heating solutions.The Electric Boiler Market was valued at USD 30.06 billion in 2024, according to recent estimates. The market is projected to grow from USD 32.32 billion in 2025 to approximately USD 62.08 billion by 2034, registering a compound annual growth rate (CAGR) of around 7.52% during the forecast period from 2025 to 2034.
Request To Free Sample of Report: https://www.marketresearchfuture.com/sample_request/23518
Key Companies in the Electric Boiler Market Include
Stiebel Eltron
Babcock Wilcox
Fulton Boiler Works
Ariston Thermo
Rheem
Viessmann
Alfa Laval
Siemens
Rinnai
Bosch Thermo
Mitsubishi Electric
Thermax
Danfoss
Smith
Vaillant
Market Drivers
One of the primary drivers of the electric boiler market is the growing global focus on reducing greenhouse gas emissions and transitioning to environmentally friendly heating systems. Governments across Europe, North America, and parts of Asia are implementing stricter regulations on carbon emissions and offering incentives for adopting clean energy technologies.
The rise in urbanization and residential construction, especially in colder climates, has increased the need for reliable and efficient heating systems. Electric boilers, with their compact size and ease of installation, are well-suited for urban environments where space and emissions are critical concerns.
Additionally, rising electricity generation from renewable sources-such as solar, wind, and hydro-is making electric-powered heating more sustainable and cost-effective over time.
Sustainability and Environmental Impact
Electric boilers offer significant environmental advantages over fossil-fuel-based alternatives. They emit zero direct emissions, helping to reduce air pollution and carbon footprints. When powered by renewable electricity, their environmental impact is minimal, supporting the global push toward net-zero targets.
Moreover, electric boilers are quiet, highly efficient (often reaching 99% efficiency), and require less maintenance compared to combustion-based systems, resulting in lower lifecycle costs and reduced environmental risk from leaks or exhaust gases.
Purchase Complete Report: https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=23518
Challenges and Restraints
Despite their advantages, the electric boiler market faces some limitations. One of the key restraints is the high operating cost in regions where electricity prices remain elevated. In such markets, natural gas or other fuel-based boilers can still be more economical in the short term.
Another challenge is the limited capacity of electric boilers for large-scale or industrial applications, especially in areas with limited grid capacity or unstable power supply. Upgrading grid infrastructure and increasing renewable energy integration are critical to support broader adoption of electric boilers.
In certain cases, retrofitting older buildings to accommodate electric systems can involve high upfront investment, which may deter some users.
Regional Insights
Europe is leading the electric boiler market, driven by aggressive climate targets, carbon taxation, and the ongoing phase-out of fossil fuel heating systems. Countries like Germany, the UK, and the Netherlands are promoting heat electrification through policy and financial incentives.
North America is witnessing moderate growth, with a focus on residential and commercial adoption in regions like Canada and the northern U.S., where electric boilers serve as clean heating options in colder climates.
Asia-Pacific is emerging as a fast-growing market due to rapid urbanization, growing energy demand, and investments in clean energy infrastructure, particularly in China, Japan, and South Korea.
Browse In-depth Market Research Report: https://www.marketresearchfuture.com/reports/electric-boiler-market-23518
Market Outlook
Looking forward, the electric boiler market is poised for sustained growth, supported by global electrification trends, policy support, and technological innovation. As renewable electricity becomes more widespread and affordable, electric boilers will increasingly replace traditional systems in both residential and industrial settings.
With the dual benefit of energy efficiency and environmental sustainability, electric boilers are set to become a cornerstone of future-ready, low-carbon heating solutions.
Other Related Reports:
miniature circuit breaker market https://www.marketresearchfuture.com/reports/miniature-circuit-breaker-market-28610
mobile light tower market https://www.marketresearchfuture.com/reports/mobile-light-tower-market-28657
mosfet relay market https://www.marketresearchfuture.com/reports/mosfet-relay-market-28707
nickel zinc rechargeable battery market https://www.marketresearchfuture.com/reports/nickel-zinc-rechargeable-battery-market-28660
solar cable market https://www.marketresearchfuture.com/reports/solar-cable-market-29180
traction equipment market https://www.marketresearchfuture.com/reports/traction-equipment-market-29230
transmission substation market https://www.marketresearchfuture.com/reports/transmission-substation-market-29277
About Market Research Future:
Market Research Future® (Part of WantStats Research and Media Pvt. Ltd.) has specialized research analysts in the areas of Aerospace & Defense, Automotive, C&M, Energy & Power, F&B, Healthcare & Pharmaceutical, ICT, Industrial Equipment, Packaging Construction & Mining and Semiconductor. Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR's approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and about what action to take based on these aspects.
Contact
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electric Boiler Market to Accelerate at 7.52% CAGR on Next-Gen Energy Storage Investments here
News-ID: 4103149 • Views: …
More Releases from MRFR

U.S. Offshore Wind Market: Scaling Clean Power Along the Coasts with Floating an …
The U.S. Offshore Wind Market is entering a transformative era as federal and state governments, energy developers, and technology providers unite to harness the vast wind energy potential of the Atlantic and Pacific coastlines. Once lagging Europe and Asia, the United States is now rapidly building momentum with bold policy support, multibillion-dollar investments, and ambitious renewable energy targets.
With an estimated technical potential exceeding 2,000 GW-nearly double the nation's current electricity…

U.S. Smart Gas Meter Market: Digitizing Utility Networks for Safety, Accuracy, a …
The U.S. Smart Gas Meter Market is experiencing a strong surge as utilities across the country upgrade traditional gas meters with intelligent, connected solutions. These advanced meters enable real-time monitoring, data analytics, and remote management of gas usage, aligning with broader trends in smart grid development, customer engagement, and infrastructure modernization.
As the U.S. energy landscape evolves with an emphasis on efficiency, transparency, and sustainability, smart gas meters are playing an…

Brazil Solar Inverter Market: Driving Clean Energy Access with Smart Solar Solut …
As one of the largest renewable energy producers in Latin America, Brazil is rapidly embracing solar power as a key component of its clean energy mix. At the heart of this transformation lies the solar inverter-a critical technology that converts direct current (DC) from photovoltaic (PV) panels into usable alternating current (AC). The Brazil Solar Inverter Market is growing steadily, driven by supportive government policies, grid modernization, and increasing demand…

Renewables Blade Repair & Maintenance Market: Extending Wind Turbine Lifespan Th …
The global shift to clean energy has made wind power a cornerstone of sustainable electricity generation. As wind installations expand globally, the importance of maintaining and repairing turbine components-especially blades-has grown significantly. The Renewables Blade Repair & Maintenance Market has emerged as a critical segment in ensuring long-term performance, safety, and return on investment for both onshore and offshore wind assets.
Request To Free Sample of Report: https://www.marketresearchfuture.com/sample_request/43415
Key Companies in the…
More Releases for Electric
Electrical Isolators Market 2023: Mitsubishi Electric, Orient Electric, Schneide …
The Electrical Isolators Market size (volume and value) and industry chain structure published by The Insight Partners through its high quality database which is a valuable source of guidance and direction for companies and individual interested in the industry.
An electrical isolator is a material in which electric current does not flow freely. The atoms of the insulator have tightly bound electrons which cannot readily move. Other materials, semiconductors and conductors…
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Click…
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market…
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities…
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa…
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…