Commercial Gas Boiler Market Size
Market Outlook:
Commercial Gas Boiler Market size is set to grow from USD 6.48 billion in 2024 to USD 11.94 billion by 2034, reflecting a CAGR of more than 6.3% between 2025 and 2034. In 2025, the industry is estimated to generate USD 6.85 billion in revenue.
Base Year Value (2024)
USD 6.48 billion
19-24
x.x %
25-34
x.x %
CAGR (2025-2034)
6.3%
19-24
x.x %
25-34
x.x %
Forecast Year Value (2034)
USD 11.94 billion
19-24
x.x %
25-34
x.x %
Historical Data Period
2019-2024
Largest Region
Europe
Forecast Period
2025-2034
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Market Dynamics:
Growth Drivers & Opportunity:Increasing adoption of energy-efficient heating systems, rising investments in commercial infrastructure development, and stringent government regulations promoting eco-friendly solutions are driving the growth of the commercial gas boiler market.
Industry
Report Scope
| Report Coverage | Details |
|---|---|
| Segments Covered | Capacity, Technology, Product, Application |
| Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
| Company Profiled | Babcock & Wilcox Enterprises, Hurst Boiler & Welding Co, Cleaver-Brooks, Hoval, VIESSMANN, Nova Florida, FERROLI S.p.A, Atlantic Boilers, Bosch Industriekessel, Weil-McLain, BURNHAM COMMERCIAL BOILERS, PB HEAT, LLC., PARKER BOILER, Slant/Fin, Precision Boilers, Clayton Industries, Miura America Co., LTD., NTI Boilers, WOLF, Vaillant Group, Ariston Holding N.V., Energy Kinetics |
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High initial investment costs and lack of awareness regarding the benefits of gas boilers are restraining the growth of the commercial gas boiler market.
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