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UK Commercial Boiler Market Size

Report ID: GMI4475
Published Date: May 2023
Report Format: PDF

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UK Commercial Boiler Market Size

UK Commercial Boiler Market size surpassed USD 1.1 billion in 2023 and is anticipated to expand at 8.4% CAGR from 2024 to 2032, attributed to the commercial expansion due to the resurgent construction sector.

UK Commercial Boiler Market

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The industry will witness an appreciable momentum owing to increased consumer awareness and environmental regulations promoting the installation of reliable and efficient heating units. The sector has observed a rise in space heating demands, which has contributed to the development of the industry. Extreme climatic conditions coupled with growing need for hot water systems equipped with intelligent space heating technologies will foster the industry outlook.

UK Commercial Boiler Market Report Attributes
Report Attribute	Details
Base Year:	2023
UK Commercial Boiler Market Size in 2023:	USD 1.1 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	8.4%
2032 Value Projection:	USD 2.2 Billion
Historical Data for:	2019 to 2023
No. of Pages:	70
Tables, Charts & Figures:	89
Segments covered:	Capacity, Fuel, Technology, Product, Application
Growth Drivers:	Positive outlook toward healthcare sector & service industry Growing demand for energy efficient boilers
Pitfalls & Challenges:	High initial investment Rising popularity of available alternatives

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Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of UK commercial boiler exceeded USD 1.1 billion in 2023 and is poised to attain 8.4% CAGR during 2024 to 2032, explains GMI report.

Hot water commercial boiler industry is set to surpass USD 1.2 billion by 2032 due to the upgradation of existing heating technologies with energy-efficient systems.

UK commercial boiler sector from the healthcare application held 25% share in 2022 attributed to robust deployment of these units for space heating, water heating, and equipment sterilization across the sector.

Leading market player are Babcock & Wilcox Enterprises, The Fulton Companies, Clayton Industries, Bosch Thermotechnology, Cochran, A.O. Smith Water Products Company, BDR Thermea Group, Ferroli, Vaillant Group, WOLF, Hoval, FONDITAL, ACV, SIME, and Ariston Holding.