상업용 온수 보일러 시장 전망 : 기회, 성장 촉진요인, 산업 동향 분석(2025-2034년)

The Global Commercial Hot Water Boiler Market reached USD 11.4 billion in 2024 and is projected to grow at a CAGR of 8.3% from 2025 to 2034. Increased government investments and private sector funding in the healthcare and commercial sectors are expected to bolster the market's expansion significantly. Additionally, stringent regulations targeting carbon emission reduction of multiple boiler systems for enhanced operational reliability will further drive industry growth.

The electric-powered commercial hot water boiler segment is forecast to generate USD 4 billion by 2034. Rising energy efficiency requirements, heightened environmental awareness, and advancements in heating technology are fueling the need for these systems. Foreign investments in the construction of commercial infrastructure and the transition away from conventional heating methods are further amplifying market growth. In many regions, governments enforce strict regulations to minimize fossil fuel usage, boosting the adoption of electric boilers.

The condensing commercial hot water boiler market is anticipated to grow at a CAGR of 11% through 2034. This technology is gaining traction due to its high efficiency, lower heating costs, and reduced environmental impact. Efforts to promote energy conservation and cut greenhouse gas emissions are accelerating the deployment of these systems. Global initiatives aimed at minimizing energy consumption and supporting sustainable practices are expected to sustain the growth trajectory of this segment.

U.S. commercial hot water boiler market is projected to generate USD 2.5 billion by 2034. Harsh winter conditions and increased construction activity are key drivers for product adoption. Rising demand for water and space heating, coupled with the modernization of aging commercial facilities, is contributing to the market's expansion. Additionally, stringent emission control policies and national targets aligned with infrastructure growth are creating a favorable environment for the deployment of advanced boiler systems.

The market is poised for robust growth, driven by the dual forces of technological innovation and global sustainability initiatives. The transition toward eco-friendly heating solutions and the increasing integration of energy-efficient technologies will reshape the commercial hot water boiler industry over the coming decade.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope & definitions
• 1.2 Market estimates & forecast parameters
• 1.3 Forecast calculation
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid
    • 1.4.2.2 Public

Chapter 2 Executive Summary

• 2.1 Industry synopsis, 2021 - 2034

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
• 3.2 Regulatory landscape
• 3.3 Industry impact forces
  • 3.3.1 Growth drivers
  • 3.3.2 Industry pitfalls & challenges
• 3.4 Growth potential analysis
• 3.5 Porter's Analysis
  • 3.5.1 Bargaining power of suppliers
  • 3.5.2 Bargaining power of buyers
  • 3.5.3 Threat of new entrants
  • 3.5.4 Threat of substitutes
• 3.6 PESTEL Analysis

Chapter 4 Competitive Landscape, 2024

• 4.1 Introduction
• 4.2 Strategic outlook
• 4.3 Innovation & sustainability landscape

Chapter 5 Market Size and Forecast, By Fuel, 2021 - 2034 (Units, MMBTU/hr & USD Million)

• 5.1 Key trends
• 5.2 Natural gas
• 5.3 Oil
• 5.4 Coal
• 5.5 Electric
• 5.6 Others

Chapter 6 Market Size and Forecast, By Capacity, 2021 - 2034 (Units, MMBTU/hr & USD Million)

• 6.1 Key trends
• 6.2 <= 0.3 - 2.5 MMBtu/hr
• 6.3 > 2.5 - 10 MMBtu/hr
• 6.4 > 10 - 25 MMBtu/hr
• 6.5 > 25 - 50 MMBtu/hr
• 6.6 > 50 MMBtu/hr

Chapter 7 Market Size and Forecast, By Technology, 2021 - 2034 (Units, MMBTU/hr & USD Million)

• 7.1 Key trends
• 7.2 Condensing
• 7.3 Non-condensing

Chapter 8 Market Size and Forecast, By Application, 2021 - 2034 (Units, MMBTU/hr & USD Million)

• 8.1 Key trends
• 8.2 Offices
• 8.3 Healthcare facilities
• 8.4 Educational institutions
• 8.5 Lodgings
• 8.6 Retail stores
• 8.7 Others

Chapter 9 Market Size and Forecast, By Region, 2021 - 2034 (Units, MMBTU/hr & USD Million)

• 9.1 Key trends
• 9.2 North America
  • 9.2.1 U.S.
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 France
  • 9.3.2 UK
  • 9.3.3 Poland
  • 9.3.4 Italy
  • 9.3.5 Spain
  • 9.3.6 Austria
  • 9.3.7 Germany
  • 9.3.8 Sweden
  • 9.3.9 Russia
• 9.4 Asia Pacific
  • 9.4.1 China
  • 9.4.2 India
  • 9.4.3 Philippines
  • 9.4.4 Japan
  • 9.4.5 South Korea
  • 9.4.6 Australia
  • 9.4.7 Indonesia
• 9.5 Middle East & Africa
  • 9.5.1 Saudi Arabia
  • 9.5.2 Iran
  • 9.5.3 UAE
  • 9.5.4 Nigeria
  • 9.5.5 South Africa
• 9.6 Latin America
  • 9.6.1 Argentina
  • 9.6.2 Chile
  • 9.6.3 Brazil

Chapter 10 Company Profiles

• 10.1 Bosch Industriekessel
• 10.2 Burnham Commercial Boilers
• 10.3 Cleaver-Brooks
• 10.4 Columbia Boiler Company
• 10.5 Energy Kinetics
• 10.6 Ferroli
• 10.7 Fulton
• 10.8 Hurst Boiler & Welding
• 10.9 Lennox International
• 10.10 Mestek
• 10.11 P.M. Lattner Manufacturing
• 10.12 Parker Boiler
• 10.13 Precision Boilers
• 10.14 Remeha
• 10.15 Rheem Manufacturing Company
• 10.16 Thermal Solutions
• 10.17 Viessmann
• 10.18 WM Technologies