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Condensing Low Temperature Industrial Boiler Market Size

Report ID: GMI12606
Published Date: Dec 2024
Report Format: PDF

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Condensing Low Temperature Industrial Boiler Market Size

The global condensing low temperature industrial boiler market was valued at USD 440.7 million in 2024 and is estimated to grow at a CAGR of 4.6% from 2025 to 2034. The modernization of aging industrial infrastructure coupled with strategic upgrades to existing boiler systems will proliferate the industry landscape.

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Rising investments in cutting-edge boiler designs featuring advanced energy-efficient technologies in association with the integration of durable and corrosion-resistant components will escalate the business outlook. For instance, in 2023, the Infrastructure Investment and Jobs Act strategically allocated USD 75 billion to drive advancements in clean energy.

Condensing Low Temperature Industrial Boiler Market Report Attributes
Report Attribute	Details
Base Year:	2024
Condensing Low Temperature Industrial Boiler Market Size in 2024:	USD 440.7 Million
Forecast Period:	2025 to 2034
Forecast Period 2025 to 2034 CAGR:	4.6%
2034 Value Projection:	USD 691.9 Million
Historical Data for:	2021 – 2024
No. of Pages:	125
Tables, Charts & Figures:	45
Segments covered:	Temperature, Product, Capacity, Fuel, Application and Region
Growth Drivers:	Positive outlook toward chemical & food processing industries Robust industrialization & implementation of stringent emission regulations Ongoing upgradation of existing heating systems
Pitfalls & Challenges:	High initial cost

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A condensing low-temperature industrial boiler is an advanced heating system designed to maximize energy efficiency by recovering latent heat from exhaust gases. It operates effectively at lower temperatures, minimizing fuel consumption and emissions, while leveraging corrosion-resistant components for enhanced durability. The growing emphasis on environmental sustainability along with rising demand for cleaner and more eco-friendly energy solutions will energize the deployment of industrial boiler. Furthermore, ongoing innovations in condensing technology and the incorporation of advanced control systems will escalate the product penetration.

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The global market size for condensing low temperature industrial boiler was valued at USD 440.7 million in 2024 and is expected to reach USD 691.9 million by 2034, driven by a CAGR of 4.6% from 2025 to 2034.

The > 160°F - 180°F segment is expected to surpass USD 300 million by 2034, driven by applications in industries requiring precise temperature control.

The U.S. market is projected to exceed USD 80 million by 2034, driven by the transition to cleaner fuels and stringent emission regulations.

Major players include Ariston Holding, Babcock Wanson, Bosch Industriekessel, Bradford White Corporation, Burnham Commercial Boilers, Cleaver-Brooks, Cochran, Ferroli, Fondital, Fulton, Hoval, Hurst Boiler & Welding, IHI Corporation, Miura America, Precision Boilers, and Thermax.