Los Angeles, CA -- (SBWIRE) -- 04/11/2019 -- 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.
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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 was 1950 million US$ in 2018 and is expected to 2710 million US$ by the end of 2025, growing at a CAGR of 4.2% between 2019 and 2025.
This report studies the Commercial Boilers market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
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
By the product type, the market is primarily split into
Oil & Gas Boiler
Coal Boiler
Biomass Boiler and Other
By the end users/application, this report covers the following segments
Schools
Hospitals
Office Building
Retail and Warehouse
Others
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