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Electric Boiler Market Share

Report ID: GMI5448
Published Date: Mar 2023
Report Format: PDF

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Electric Boiler Market Share

Leading companies in the global electric boiler industry include

Acme Engineering Products Ltd.
ACV
Atlantic Boilers
Babcock Wanson
Bosch Industriekessel GmbH
Bradford White
Cerney, S.A.
Chromalox
Cleaver-Brooks
Cochran
Danstoker A/S
Ecotherm Austria GmbH
Electro Industries, Inc.
FERROLI S.p.A
Flexiheat UK Ltd.
Hi-Therm Boilers Pvt. Ltd.
Klöpper-Therm GmbH & Co. KG
KOSPEL
LAARS Heating Systems Co.
Lochinva
P.M. Lattner Manufacturing Co.
PARAT Halvorsen AS
Precision Boilers
S.A.S Lacaze Energies
Slant/Fin Corporation
The Fulton Companies
Thermodyne Boilers
Thermon
Thermona, spol.
Värmebaronen
Vattenfall AB
VIESSMANN

These firms are focusing on product innovations and novel developments to expand their product offerings. For instance, in August 2022, Bosch Industriekessel GmbH unveiled the fully carbon-neutral ELSB electric steam boiler, capable of generating green electricity for industrial and commercial steam processes.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The global electric boiler market size crossed than USD 10.4 billion in 2023 and is expected to expand at 11.8% gains through 2032.

The residential applications segment is anticipated to record over USD 22 billion between 2023 and 2032 on account of the increasing energy consumption across residential buildings.

The Europe market size is poised to exceed USD 18 billion by 2032 owing to the introduction of ambitious net-zero carbon emission targets.

Atlantic Boilers, Babcock Wanson, Bradford White, Chromalox, Cleaver-Brooks, Cochran, Värmebaronen, Vattenfall AB, and VIESSMANN are some of the key manufacturers of electric boilers.