세계의 상업용 고온 보일러 시장 : 온도, 용량, 연료, 기술, 용도, 지역별 분석 및 예측(-2030년)

According to Stratistics MRC, the Global High Temperature Commercial Boiler Market is accounted for $6.5 billion in 2024 and is expected to reach $10.5 billion by 2030 growing at a CAGR of 8.4% during the forecast period. A strong and effective heating system for large-scale applications, like commercial buildings, institutions, and industrial facilities, is the high-temperature commercial boiler. These boilers can produce significant amounts of steam or hot water to meet the demanding heating and process needs of various industries. They operate at elevated temperatures, frequently exceeding 200 °F. Moreover, they are designed to optimize energy efficiency and minimize emissions, and they are usually powered by electricity, natural gas, or oil.

According to the American Boiler Manufacturers Association (ABMA), high-temperature commercial boilers play a vital role in ensuring efficient heating solutions for industrial and large commercial applications, providing reliable performance and enhanced energy efficiency.

Market Dynamics:

Driver:

Growing need for process heating

The need for effective commercial boilers is fueled by the need for high-temperature steam for various processes in industries like food and beverage, chemicals, and pharmaceuticals. Steam at a high temperature is essential for a variety of industrial processes, including cooking, sterilizing, and chemical reactions. Additionally, in order to ensure both operational efficiency and product quality, high-temperature commercial boilers are an essential component due to the growing demand in these industries for accurate temperature control and dependable steam supply.

Restraint:

High starting prices

For many businesses, the high initial capital cost of buying and installing high-temperature commercial boilers can be a major obstacle. Because these systems require specialized installation, have complex designs, and use cutting-edge technology, they frequently have significant upfront costs. Furthermore, it might be necessary to make significant changes in order to integrate these boilers into the current infrastructure, which would raise the overall cost. This may discourage small and medium-sized businesses from implementing high-temperature commercial boilers, even in spite of the long-term financial and operational advantages.

Opportunity:

Acquiring renewable energy resources

There is a big chance for market expansion when high-temperature commercial boilers are combined with renewable energy sources like biomass and biogas. For instance, biomass boilers can produce heat from organic materials like wood pellets and agricultural waste, providing a sustainable and environmentally beneficial substitute for conventional fossil fuels. Moreover, this helps companies comply with strict environmental regulations and lowers carbon emissions.

Threat:

Threats from alternative technologies

High-temperature commercial boilers are facing competition from alternative heating technologies like solar thermal systems, electric heat pumps, and combined heat and power (CHP) systems, which are becoming more widely available and widely used. Comparing these options to conventional boiler systems, they frequently provide better energy efficiency, lower operating costs, and a smaller environmental impact. Additionally, electric heat pumps, for example, are an appealing and adaptable choice for numerous applications since they can efficiently provide both heating and cooling.

Covid-19 Impact:

The COVID-19 pandemic had a major effect on the market for high-temperature commercial boilers by upsetting international supply chains, putting a hold on building projects, and creating economic uncertainty. These factors reduced capital expenditures and delayed industrial activity. There was a brief drop in demand for new installations and retrofitting projects as a result of the financial difficulties experienced by many businesses. However, the pandemic also emphasizes the significance of robust and effective heating systems, which is why some industries-particularly healthcare and vital industries-have decided to invest in cutting-edge boiler technologies in order to guarantee dependable operations.

The > 200°F - 220°F segment is expected to be the largest during the forecast period

The majority of the market is occupied by the segment of high-temperature commercial boilers that operate between 200°F and 220°F. This range is the first choice for many companies because it provides an ideal balance between operational requirements and efficiency for a broad range of industrial applications. Moreover, in industries like food and beverage processing, pharmaceuticals, and chemical manufacturing, where exact temperature control and dependability are essential for process optimization and product quality, boilers in this category are widely used.

The > 10 - 50 MMBtu/hr segment is expected to have the highest CAGR during the forecast period

With a capacity ranging from >10 to 50 MMBtu/hr, the high-temperature commercial boiler segment is expected to have the highest CAGR in the market. Growth in this market is fueled by its applicability to medium- to large-scale industrial applications that need significant heating capacity but do not want to incur the complexity and expense of the largest-capacity boilers. Additionally, boilers in this capacity range are perfect for operational needs in industries like manufacturing, chemical processing, and food production because they strike a balance between output, efficiency, and cost-effectiveness.

Region with largest share:

The market for commercial boilers with high temperatures is currently dominated by North America. This dominance is ascribed to a number of factors, including a developed industrial sector with a high demand for dependable heating solutions in a range of industries, including food processing, manufacturing, and healthcare. Furthermore, the region's adoption of energy-efficient boiler technologies is fuelled by strict environmental regulations, which accelerate market growth.

Region with highest CAGR:

In the commercial high-temperature boiler market, the Europe region is expected to have the highest CAGR. This growth is supported by the region's strong emphasis on meeting energy efficiency targets and lowering greenhouse gas emissions. High-temperature commercial boiler demand is fueled by strict European regulations encouraging the adoption of energy-efficient heating systems. Moreover, in Europe, sectors like manufacturing, pharmaceuticals, and food processing are investing more in state-of-the-art boiler technologies to maximize operational efficiency and meet environmental regulations.

Key players in the market

Some of the key players in High Temperature Commercial Boiler market include Babcock & Wilcox Enterprises, Inc, Ferroli S.p.A, Columbia Boiler Company, AERCO, Burnham Commercial Boilers, Immergas S.p.A, Bosch Industriekessel GmbH, Fonderie Sime S.p.A, Clayton Industries, Hurst Boiler & Welding Co, Inc., Ariston Holding N.V., Miura America Co., LTD, Bradford White Corporation and Thermal Solutions LLC.

Key Developments:

In June 2024, Bradford White Corporation, an industry-leading manufacturer of water heaters, boilers and storage tanks, announced today a three-year partnership with Emancipet, a nonprofit organization on a mission to make veterinary care affordable and accessible for everyone.

In March 2024, Babcock & Wilcox has recently entered into a significant agreement valued at around $246 million for a coal-to-natural gas conversion initiative at a power plant located in North America, the specific location of which remains undisclosed. As part of this agreement, B&W has been granted a limited notice to proceed (LNTP) for the project.

In January 2024, Clayton Utz has aided ASX lister Ridley Corporation Limited (Ridley) on its recent agreement to acquire Oceania Meat Processors NZ LP (OMP). The cross-border deal has been valued at $52.4m (NZ$57m), and is slated for completion. The acquisition of OMP represents a key milestone for Ridley's ingredient recovery business in the delivery of its FY23-25 growth plan.

Temperatures Covered:

• 180°F - 200°F
• > 200°F - 220°F
• > 220°F - 240°F
• > 240°F

Capacities Covered:

• <= 0.3 - 2.5 MMBtu/hr
• > 2.5 - 10 MMBtu/hr
• > 10 - 50 MMBtu/hr
• > 50 - 100 MMBtu/hr
• > 100 - 250 MMBtu/hr

Fuels Covered:

• Natural Gas
• Oil
• Coal
• Other Fuels

Technologies Covered:

• Condensing
• Non-Condensing
• Other Technologies

Applications Covered:

• Offices
• Healthcare Facilities
• Educational Institutions
• Lodgings
• Retail Stores
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global High Temperature Commercial Boiler Market, By Temperature

• 5.1 Introduction
• 5.2 180°F - 200°F
• 5.3 > 200°F - 220°F
• 5.4 > 220°F - 240°F
• 5.5 > 240°F

6 Global High Temperature Commercial Boiler Market, By Capacity

• 6.1 Introduction
• 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

7 Global High Temperature Commercial Boiler Market, By Fuel

• 7.1 Introduction
• 7.2 Natural Gas
• 7.3 Oil
• 7.4 Coal
• 7.5 Other Fuels

8 Global High Temperature Commercial Boiler Market, By Technology

• 8.1 Introduction
• 8.2 Condensing
• 8.3 Non-Condensing
• 8.4 Other Technologies

9 Global High Temperature Commercial Boiler Market, By Application

• 9.1 Introduction
• 9.2 Offices
• 9.3 Healthcare Facilities
• 9.4 Educational Institutions
• 9.5 Lodgings
• 9.6 Retail Stores
• 9.7 Other Applications

10 Global High Temperature Commercial Boiler Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Babcock & Wilcox Enterprises, Inc
• 12.2 Ferroli S.p.A
• 12.3 Columbia Boiler Company
• 12.4 AERCO
• 12.5 Burnham Commercial Boilers
• 12.6 Immergas S.p.A
• 12.7 Bosch Industriekessel GmbH
• 12.8 Fonderie Sime S.p.A
• 12.9 Clayton Industries
• 12.10 Hurst Boiler & Welding Co, Inc.
• 12.11 Ariston Holding N.V.
• 12.12 Miura America Co., LTD
• 12.13 Bradford White Corporation
• 12.14 Thermal Solutions LLC