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Asia Pacific Electric Boiler Market Share

Report ID: GMI6608
Published Date: Sep 2023
Report Format: PDF

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Asia Pacific Electric Boiler Market Share

The key companies operating across the APAC electric boiler market include

Bosch Industriekessel
Thermon
Viessmann Climate Solutions SE
Chromalox
Thermodyne Boilers
Babcock Wanson
Bradford White Corporation
Cerney
Danstoker A/S
Ecotherm
FERROLI S.p.A
Hi-Therm Boilers
Klöpper-Therm GmbH & Co. KG
LAARS Heating Systems Co.
Lochinvar
Precision Boilers
Slant/Fin Corporation
The Fulton Companies
Flexiheat
Acme Engineering Products
Atlantic Boilers

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size for electric boiler in APAC reached USD 2.2 billion in 2022 and is set to surpass USD 7.5 billion by 2032, due to the rising number of investments by public & private players toward the development of healthcare sector.

Asia Pacific ? 10 MMBtu/hr electric boiler industry recorded over 80% revenue share in 2022, owing to increasing applicability across commercial & industrial facilities including healthcare, primary metal manufacturing, pulp industries and refineries.

The commercial application segment is poised to cross USD 1.2 billion by 2032, driven by the ongoing upgradation of existing healthcare facilities.

China market size exceeded USD 1.2 billion in 2022, owing to the enactment and effective implementation of government regulations for controlling pollution coupled with the upsurge in the replacement of traditional heating systems.