Scope of the Study
The boiler is commercial facility is a sturdy and reliable piece of equipment that provides heating in building. Commercial boilers are pressurized systems that burn combustible fuel or use electricity to heat water that is used to provide heating in building. In the boiler, the burners or electric coils generate heat, which is transferred to the water by the heat exchanger. This process creates either hot water or steam depending on the type of water. The hot water or steam is circulated via pipes throughout commercial facility. The water or steam enters radiators or other components that disperse the heat providing the heating to keep indoor spaces comfortable. It commonly uses the natural gas a fuel. Other kinds of boilers are available that burn fuel oil or that use electric resistance coils to produce heating from electricity.
The market study is being classified by Type (Oil & Gas Boiler, Coal Boiler and Biomass Boiler and Other), by Application (Schools, Hospitals, Office Building, Retail and Warehouse and Others) and major geographies with country level break-up.
Superior Boiler (United States), Thermax Company (India), Weil-McLain (United States), Stokvis Industrial Boilers (United Kingdom), Lochinvar LLC (United States), Sumitomo Corporation ((Japan), Robert Bosch GmbH (Germany), Parker Boiler Co. (United States), Saudi Boilers (Saudi Arabia) and Viessmann Industry Company (Germany) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Vaillant Group Company (Germany), BDR Thermea Group (Netherlands), Ferroli S.p.A. Company (Italy), Cleaver-Brooks, Inc. Company (United States) and Fulton (United States).
Research Analyst at AMA predicts that Global Manufacturers will contribute to the maximum growth of Global Commercial Boilers market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Commercial Boilers market by Type, Application and Region.
On the basis of geography, the market of Commercial Boilers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Capacity, the sub-segment i.e. 0.3-2.5 MMBtu/hr will boost the Commercial Boilers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Condensing will boost the Commercial Boilers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Lower Operation and Maintenance Cost
- Growing Need for Boilers across Cold Regions
- Rising Demand for Energy Efficient Boilers
- High Production Cost of the Boilers
- Government Initiatives for Implementation of Energy Efficient Boilers
- Rising Need for Space Heating Across Commercial and Residential Establishment
- Increasing Prices of the Fuel
Key Target AudienceCommercial Boiler Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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