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

The Global Commercial Boiler Market reached USD 14.7 billion in 2024 and is projected to grow at a CAGR of 6.8% between 2025 and 2034. This growth is largely fueled by rapid urbanization, increasing commercial construction, and the rise of smart cities worldwide. With expanding urban infrastructure, the need for reliable and energy-efficient heating systems is becoming more critical than ever. Businesses and public facilities are increasingly prioritizing sustainability, and commercial boilers play a pivotal role in meeting stringent energy efficiency goals.

Government initiatives promoting low-carbon technologies and the adoption of advanced hybrid heating solutions are significantly influencing market expansion. The shift toward electrification and the integration of digital controls in modern heating systems is driving demand for commercial boilers across industries. The expansion of district heating networks, which provide centralized heating to commercial establishments and residential buildings, further strengthens market growth. The push for greener energy solutions, combined with technological advancements in boiler efficiency and performance, is expected to accelerate market penetration in the coming years.

The natural gas commercial boiler segment is poised for steady growth, with an anticipated CAGR of 6% through 2034. The widespread availability of natural gas, coupled with government incentives encouraging the use of low-emission fuels, is propelling this segment forward. Businesses are increasingly replacing aging boiler systems with high-efficiency models to optimize energy consumption and meet evolving environmental regulations. The transition to energy-efficient heating solutions is not only improving cost savings for businesses but also supporting global carbon reduction initiatives.

In the healthcare sector, commercial boilers play a crucial role in maintaining operational efficiency, holding a 26.5% market share in 2024. Hospitals, clinics, and diagnostic centers rely heavily on steam for sterilization, space heating, and other essential applications. The ongoing expansion of healthcare infrastructure, particularly in developing economies, is a major factor driving demand for commercial boilers. As healthcare facilities continue to modernize, the emphasis on energy-efficient and high-performance heating solutions is intensifying, further boosting market growth.

U.S. Commercial Boiler Market generated USD 2.2 billion in 2024, with demand surging due to stringent energy efficiency mandates and rising commercial construction projects. The growing need for advanced space and water heating systems in office buildings, educational institutions, and industrial facilities is driving investment in high-efficiency boiler technologies. Businesses across sectors are transitioning to eco-friendly heating systems to comply with evolving regulations and achieve long-term cost savings. As the U.S. market continues to expand, industry players are focusing on product innovations and strategic partnerships to enhance their market position.

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, 2025

• 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 - 50 MMBtu/hr
• 6.5 > 50 - 100 MMBtu/hr
• 6.6 > 100 - 250 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 Product, 2021 – 2034 (Units, MMBTU/hr & USD Million)

• 8.1 Key trends
• 8.2 Hot water
• 8.3 Steam

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

• 9.1 Key trends
• 9.2 Offices
• 9.3 Healthcare facilities
• 9.4 Educational institutions
• 9.5 Lodgings
• 9.6 Retail stores
• 9.7 Others

Chapter 10 Market Size and Forecast, By Region, 2021 – 2034 (Units, MMBTU/hr & USD Million)

• 10.1 Key trends
• 10.2 North America
  • 10.2.1 U.S.
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 France
  • 10.3.2 UK
  • 10.3.3 Poland
  • 10.3.4 Italy
  • 10.3.5 Spain
  • 10.3.6 Austria
  • 10.3.7 Germany
  • 10.3.8 Sweden
  • 10.3.9 Russia
• 10.4 Asia Pacific
  • 10.4.1 China
  • 10.4.2 India
  • 10.4.3 Philippines
  • 10.4.4 Japan
  • 10.4.5 South Korea
  • 10.4.6 Australia
  • 10.4.7 Indonesia
• 10.5 Middle East & Africa
  • 10.5.1 Saudi Arabia
  • 10.5.2 Iran
  • 10.5.3 UAE
  • 10.5.4 Nigeria
  • 10.5.5 South Africa
• 10.6 Latin America
  • 10.6.1 Argentina
  • 10.6.2 Chile
  • 10.6.3 Brazil

Chapter 11 Company Profiles

• 11.1 A.O. Smith
• 11.2 AERCO
• 11.3 Ariston Holding
• 11.4 Atlantic Boilers
• 11.5 Babcock & Wilcox
• 11.6 Babcock Wanson
• 11.7 Bosch Industriekessel
• 11.8 Bradford White Corporation
• 11.9 BURNHAM COMMERCIAL BOILERS
• 11.10 Clayton Industries
• 11.11 Cleaver-Brooks
• 11.12 Columbia Boiler Company
• 11.13 FERROLI
• 11.14 Fonderie Sime
• 11.15 FONDITAL
• 11.16 Fulton
• 11.17 Hurst Boiler & Welding
• 11.18 Miura America
• 11.19 PARKER BOILER
• 11.20 PB HEAT
• 11.21 Precision Boilers
• 11.22 Vaillant Group
• 11.23 VIESSMANN
• 11.24 Weil-McLain
• 11.25 WOLF