Home > Energy and Power > Electrical Equipment > Boilers > asia pacific electric boiler market
Get a free sample of Asia Pacific Electric Boiler Market
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of Asia Pacific Electric Boiler Market
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Increasing investments from public and private sectors in the healthcare industry will foster the boiler market. The sector is poised for expansion owing to the rapid construction of new hospitals, nursing homes, and clinics, as well as the modernization of existing facilities to accommodate more patients. Additionally, the rising adoption of these heating technologies across commercial establishments including federal institutions, universities, schools, and airports will augment the business landscape. Furthermore, seasonal demand for hot water and steam in hot and humid regions, particularly during winter months, is set to further enhance industry potential.
The ≤ 10 MMBtu/hr electric boiler market is expected to exceed USD 7.5 billion by 2034, supported by its growing use in commercial and industrial facilities such as healthcare and refineries.
The Asia Pacific market for electric boiler was valued at USD 2.8 billion in 2024 and is projected to grow at a CAGR of 12.6% from 2025 to 2034, driven by ambitious decarbonization targets and renewable energy integration.
The medium voltage electric boiler market is anticipated to grow at a rate of over 13% through 2034, led by stringent greenhouse gas emission regulations and the adoption of low-emission heating systems.
Key players in the market include Acme Engineering Products, Atlantic Boilers, Babcock Wanson, Bosch Industriekessel, Bradford White Corporation, Cerney, Chromalox, Danstoker, Ecotherm, Ferroli, Flexiheat, Fulton, Hi-Therm Boilers, Klopper-Therm, Laars Heating Systems, Lochinvar, Precision Boilers, Thermon, Thermodyne Boilers, and Viessmann.
The China electric boiler market is set to surpass USD 5 billion by 2034, fueled by strict emission control policies and the replacement of traditional heating systems.