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Low Voltage Industrial Electric Boiler Market Share
Babcock Wanson is one of the renowned providers of industrial heating solutions, including electric boilers, with a rich history spanning over a century. The company stands out for its commitment to innovation, reliability, and energy efficiency. Its electric boiler range caters to various industrial applications, offering solutions tailored to the specific needs of different sectors such as food processing, chemical manufacturing, and textiles.
Low Voltage Industrial Electric Boiler Market Companies
Some major players operating in the low voltage industrial electric boiler industry is mentioned below:
- Acme Engineering Products
- ACV
- Babcock Wanson
- Cerney
- Cleaver-Brooks
- Cochrane Engineering
- Danstoker
- Ecotherm Austria
- FERROLI
- Klöpper-Therm GmbH
- KOSPEL
- LACAZE ENERGIES
- PARAT Halvorsen
- Precision Boilers
- Slant/Fin Corporation
- The Fulton Companies
- Thermodyne Boilers
- Thermon
- Värmebaronen
- Vattenfall
What are the factors expanding Europe low voltage industrial electric boiler market?
Europe low voltage industrial electric boiler industry size will cross USD 300 million by 2032, attributed to stringent environmental regulations favoring clean energy solutions and the strong emphasis on sustainability.
Why is the demand for low voltage industrial electric boilers rising in paper industry?
The paper segment in the low voltage industrial electric boiler market will witness 14.5% CAGR from 2024 to 2023, driven by the extensive use of electric boilers in paper manufacturing processes to ensure precise temperature control and energy efficiency.
How big is the low voltage industrial electric boiler market?
The market size of low voltage industrial electric boiler was crossed USD 242.1 million in 2023 and will grow at a 15% CAGR between 2024 and 2032, due to growing demand for efficient and eco-friendly heating solutions and significant investments in green energy projects.
Which are major key players operating in the low voltage industrial electric boiler market?
Major companies operating in the low voltage industrial electric boiler industry are Acme Engineering Products, ACV, Babcock Wanson, Cerney, Cleaver-Brooks, Cochrane Engineering, Ecotherm Austria, FERROLI, KOSPEL, LACAZE ENERGIES, PARAT Halvorsen, Precision Boilers, Slant/Fin Corporation, The Fulton Companies, Thermon, and Vattenfall among others.