Gas Fired Low Temperature Commercial Boiler Market

Gas Fired Low Temperature Commercial Boiler Market Size

The global gas fired low temperature commercial boiler market was valued at USD 3.3 billion in 2024. The market is expected to reach USD 6.2 billion in 2034, at a CAGR of 6.4%. Increasingly stringent energy efficiency regulations and environmental standards in line with rising demand for highly efficient heating systems will drive the demand for these units.

Ongoing advancements in boiler technology along with the growth of the commercial sector will foster the business landscape. Growing transition toward environmental conservation and the necessity to manage carbon footprints will drive key industry players to adopt cleaner technologies which will foster the company outlook.

For instance, In March 2025, DLF announced that it will spend around USD 2.3 billion in the next few years to acquire further commercial properties, including offices and shopping centers in India. The increasing use of high-efficiency boilers for cost reduction purposes will further support the development of IoT and smart heating systems, thereby augmenting industry scenario. Moreover, continuous advancements in condensing technology along with advanced user-friendly control systems will proliferate the business potential.

A gas fired low temperature commercial boiler is a type of heating boiler used in commercial buildings which burns natural gas as fuel. Compared to other boilers, they operate at a lower temperature. Increasing government investment in tertiary education will accelerate the economy and the business sector, which in turn will escalate the demand for commercial boiler.

For instance, the Department of School Education & Literacy was allocated a budget of USD 8.82 billion for FY25 under the India Interim Budget 2024–25. The India Intermediate budget shows that the education sector remains a priority with spending allocation looking toward enhancing digital infrastructure and broadening the scope of foundational literacy, ensuring more inclusive access across various government institutions.

In addition, by imposing accessible imported parts, particularly the Trump’s administration tariffs on foreign trade, could increase the production cost of gas fired low temperature commercial boilers. These factors may lead to decreased competitiveness and increased prices. Additionally, the changes may also stimulate growth in domestic manufacturing industries, which would build a more durable self-sufficient supply chain over an extended period.

Gas Fired Low Temperature Commercial Boiler Market Trends

The industry is anticipated to witness on account of their higher efficiency and lower fuel consumption compared to conventional boilers. The increasing availability of renewable gases comprising of biomethane, propane, and hydrogen have led to the demand for these heating systems. Rapid expansion of commercial facilities including new offices, schools, healthcare and hospitality services will boost the adoption of low temperature commercial boiler.

A paradigm shift from fossil fuels to decarbonized energy solutions in line with rapid adoption of clean energy technologies will propel the business expansion. Increased consumer inclination toward energy-efficient heating systems along with ongoing renovations of commercial buildings will augment the industry landscape. In addition, growing Heating requirements in retail spaces will escalate the business potential.

For instance, Canada introduced the 2030 Emissions Reduction Plan as a strategic framework aimed at achieving a 40% reduction in emissions from 2005 levels by 2030 and reaching net-zero by 2050. The framework describes an approach focusing on a particular sector and facilitates measurable progress within various industries alongside the National climate commitments and the overarching sustainable development vision.

Surging adoption of IoT systems capable of heating infrastructure and increasing demand for commercial space heating in areas of extreme climate will drive the need for intelligent systems will stimulate the industry dynamics. The growing urbanization and expansion of smart city projects will create an emphasis on urban integration, serving as a catalyst for the growing demand for these boilers.

Government policies, tax credits, and incentives that aim to reduce GHG emissions in association with the implementation of energy-efficient technologies will amplify the product adoption. Furthermore, these boilers are constructed with energy efficiency, performance, and durability ensuring they meet the increased demands of the commercial sector.

For reference, as of July 2024, the Smart Cities Mission of India had completed over 8,000 projects across 100 cities, which is 90% of the total project completion target, which was supported by an investment of around USD 16.7 billion. Projects worth about USD 2.3 billion are in the final stages of execution.

Gas Fired Low Temperature Commercial Boiler Market Analysis

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• The market was estimated at USD 2.8, 3 and 3.3 billion in 2022, 2023 and 2024 respectively. Based on technology, the market is segmented into condensing and non-condensing. Increasing requirements for centralized heating and cooling systems in large-scale commercial buildings comprising of warehouses, hospitals, and multiplexes is poised to fuel the industry growth.
  
• The condensing gas fired low temperature commercial boiler industry will grow at a CAGR of over 9.5% by 2034. These boilers are associated with sensors and cloud connectivity in tandem with integration of remote monitoring, predictive maintenance, and automated fuel use optimization will fuel the industry scenario. In addition, thermal zoning policies for energy optimization aligned with increased public investment for clean heating retrofits will enhance the business outlook.
  
• For instance, in December 2024, the commercial sector is gaining momentum as recorded in Canada’s investment in building construction increasing by 1.9% reaching USD 21.8 billion.
  
• The non-condensing gas fired low temperature commercial boiler market will exceed USD 800 million by 2034. These units are chosen in areas where there is infrequent or low intensity heating for short periods of time. Moreover, stair step light commercial applications including small retail shop service clinics or remote units tend to use these simpler systems owing to low heat loss and low level of required maintenance.
  

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• Based on temperature, the industry is segmented into ≤ 120°F, > 120°F - 140°F, > 140°F - 160°F, > 160°F - 180°F. The > 120°F - 140°F segment has a market share of 26.6% in 2024. This temperature range provides a good balance in energy conservation and heat delivery, hence providing optimal thermal comfort.
  
• The ≤ 120°F gas fired low temperature commercial boiler market is projected to reach over 1.4 billion by 2034. Combined energy efficiency regulations paired with key geography's sustainability objectives will increase the requirement for low temperature boilers. These boilers have a markedly higher efficiency over the traditional systems which meet both regulatory and cost-cutting operational requirements commercial establishments.
  
• For instance, Germany aims at least a 65% reduction in greenhouse gas emissions compared to 1990 levels by 2030 and will work toward achieving net-zero emissions by 2045. The accomplishment of this goal is backed by an integrated government approach focusing on deepened climate sustainability diplomacy.
  
• The > 140°F - 160°F gas fired low temperature commercial boiler market is projected to grow at a CAGR of over 6% by 2034. This range allows both the production of domestic hot water and the space heating with fast recovery times which are ideal for multi-functional systems.
  
• The > 160°F - 180°F segment was valued over USD 800 million in 2024. Range meets and handles these high loads without a lapse, making them critical in hospitality and other commercial applications where downtime is costly or even unacceptable.
  
• For instance, India’s construction industry is anticipated to add USD 1 trillion toward the country’s economic output by 2030, demonstrating its influence on infrastructure-led growth. This expansion underscores increased investments in commercial, transportation, and urban planning, which are expected to propel growth in the sector for many years to come.
  

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• The U.S. gas fired low temperature commercial boiler market was valued at USD 738.3, 774.7, 812.1 million in 2022, 2023 and 2024 respectively. Continued expansion of commercial buildings aligned with the robust growth in the construction sector, will fuel the business dynamics. The product offers significant advantages comprising of rapid and cost-effective installation, improved efficiency, low maintenance and more safety, accelerating the business potential.
  
• The North America gas fired low temperature commercial boiler market will witness a CAGR of over 5.5% in 2034. The continued growth of healthcare infrastructure along with the establishment of new hospitals and diagnostic centers will accelerate product deployment. Moreover, rising incentives for domestic manufacturing and sourcing will proliferate the business dynamics.
  
• For instance, in The Government of Canada, in collaboration with its partners, has committed over USD 26 million to strengthen integrated health care systems. This investment is intended to improve coordination of care, patient outcomes, and the efficient delivery of health services across the nation.
  
• The Europe gas fired low temperature commercial boiler market was valued over USD 1.5 billion in 2024. The European Union's initiative target on climate change and moving toward the use of cleaner energy sources will foster the use of technologies for low-emission heating. Moreover, increasingly investing in renewable gas production in line with expansion and development of commercial infrastructure will amplify the business outlook.
  
• The Asia Pacific gas fired low temperature commercial boiler has a market share of over 12% in 2024. Increasing foreign investments along with the modernization of school projects in the region will positively influence the business landscape.
  
• For instance, in 2023, the South Korean Ministry of Education devoted USD 69.3 million until 2026 to advanced fostered learning strategy which includes upgrading the digital classroom infrastructure. An additional USD 43.2 million was allocated to advance AI-powered education, equipping 6,000 schools with AI textbook monitoring systems and training 1,200 digital tutors.
  
• The Middle East & Africa gas fired low temperature commercial boiler market will grow at a CAGR of over 6% by 2034. The escalated funding on district heating networks and commercial infrastructure in alignment with the government's energy efficiency and emissions reduction policies will increase business activity.
  
• The Latin America gas fired low temperature commercial boiler market was valued over USD 200 million in 2024. Technological advancements, particularly the incorporation of smart controls and IoT capabilities into boiler systems, are proliferating the demand of these units. In addition, the high accessibility of parts across distribution networks will augment the region’s potential.
  

Gas Fired Low Temperature Commercial Boiler Market Share

• The top 5 players, including Ariston Holding, Burnham Commercial Boilers, Babcock & Wilcox, Cleaver-Brooks, and Viessmann together hold a share of about 40% in the market. The companies are growing their market share through alliances, diversification, and investments in new approaches and low NOx emissions devices customized to changing business requirements.
  
• Burnham Commercial is known for providing enduring, high-performance heat solutions for commercial applications and has multifaceted offerings that include cast iron, steel and condensing boilers for different types of buildings. The company’s products are manufactured in compliance with industry standards, allowing clients to significantly cut costs and environmental impact.
  
• Viessmann is increasing its market share in gas-operated low-temperature commercial boilers through strategic innovation and product development. The company improves the operational efficiency of its equipment and lowers the emission of pollutants by installing sophisticated control systems and condensing units which, together with other measures, respond to the growing demand for clean heating alternatives.
  

Gas Fired Low Temperature Commercial Boiler Market Companies

• Robert Bosch operates Bosch Industriekessel, it generated sales of 100 billion USD in 2024. The company achieved an EBIT margin of 3.5% from operations, which indicates considerable financial strength during these times. In addition, the ongoing attention to operational excellence and innovation improved further its market position.
  
• Ariston Holding generated USD 3 billion in 2024. The company operated in thermal, burners and components segment. Its thermal segment generated USD 2.8 billion in 2024, while its burners and components segment generated USD 101.7 million and USD 90.1 million respectively, in 2024.
  
• In 2024, Babcock & Wilcox Enterprises had revenue of USD 717.3 million and spent USD 5.8 million on research and development activities. The operating income for the year was USD 25.1 million.
  

Gas Fired Low Temperature Commercial Boiler Market Companies

Major players operating in the gas fired low temperature commercial boiler industry are:

• Ariston Holding
• Babcock & Wilcox
• Bosch Industriekessel
• Bradford White Corporation
• Burnham Commercial Boilers
• Cleaver-Brooks
• Ferroli
• Fondital
• Fulton
• Hoval
• Hurst Boiler & Welding
• Immergas
• Lochinvar
• Precision Boilers
• Vaillant Group International
• Viessmann
• Weil-McLain
• Wolf
  

Gas Fired Low Temperature Commercial Boiler Industry News

• In July 2024, Bradford revealed its intentions to purchase Heat-flo in an effort to enhance its market share in commercial and residential heating. The latter offers a robust portfolio of indirect water heaters for the domestic and commercial sectors. This acquisition aligns with Bradford’s strategy to shift product offerings to more sophisticated customer requirements.
  
• In March 2024, Hurst Boiler & Welding entered into a representation agreement with Nationwide Boiler, making them an independent representative for Houston and California, Texas regions. The partnership provided broader customer access to Hurst’s industrial boilers, feedwater systems, and tailored solutions.
  
• In December 2023, Alpha, an Immergas subsidiary, launched the ProTec NX which expands their commercial gas boiler offerings. It is an ultra-low emission, highly efficient fan-assisted condensing boiler, competing with set industry regulations. It can cascade for greater performance and comes in six output variants ranging from 48 kW to 180 kW.
  
• In September 2023, Bradford White launched the FT Series Light commercial boilers with 399 and 301 MBH capacities, NG/LP propane compatibility, and zone control. With thermal efficiency over 95%, the additions supported expansion within the commercial boiler segment.
  

The gas fired low temperature commercial boiler market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume (Units), capacity (MMBTU/hr) & revenue in (USD Million) from 2021 to 2034, for the following segments:

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Market, By Temperature

• ≤ 120°F
• > 120°F - 140°F
• > 140°F - 160°F
• > 160°F - 180°F

Market, By Capacity

• ≤ 0.3 - 2.5 MMBTU/hr
• > 2.5 - 10 MMBTU/hr
• > 10 - 50 MMBTU/hr
• > 50 - 100 MMBTU/hr
• > 100 - 250 MMBTU/hr

Market, By Technology

• Condensing
• Non-condensing

Market, By Application

• Offices
• Healthcare facilities
• Educational institutions
• Lodgings
• Retail stores
• Others

The above information has been provided for the following regions and countries:

• North America
  • U.S
  • Canada
  • Mexico
• Europe
  • France
  • UK
  • Poland
  • Italy
  • Spain
  • Austria
  • Germany
  • Sweden
  • Russia
• Asia Pacific
  • China
  • India
  • Philippines
  • Japan
  • South Korea
  • Australia
  • Indonesia
• Middle East & Africa
  • Saudi Arabia
  • Iran
  • UAE
  • Nigeria
  • South Africa
• Latin America
  • Argentina
  • Chile
  • Brazil