The global market for Commercial Electric Boilers was estimated at US$2.4 Billion in 2024 and is projected to reach US$6.2 Billion by 2030, growing at a CAGR of 17.3% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Commercial Electric Boilers market.
Segments: Capacity (= 0.3 - 2.5 MMBtu/hr Capacity, > 2.5 - 10 MMBtu/hr Capacity, > 10 - 50 MMBtu/hr Capacity, > 50 - 100 MMBtu/hr Capacity, > 100 - 250 MMBtu/hr Capacity); Product (Hot Water Commercial Electric Boilers, Steam Commercial Electric Boilers)
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
Global Commercial Electric Boilers Market - Key Trends & Drivers Summarized
Why Are Commercial Electric Boilers Gaining Popularity in Modern Heating Systems?
Commercial electric boilers are emerging as a viable alternative to traditional gas and oil-fired boilers due to their energy efficiency, lower emissions, and ease of installation. With rising concerns over carbon footprints and government regulations targeting energy efficiency, businesses are increasingly opting for electric boilers to comply with stringent environmental policies. These boilers are widely used in office buildings, hospitals, educational institutions, and industrial facilities for heating and hot water applications. Unlike combustion-based boilers, electric boilers operate silently and do not produce harmful emissions, making them ideal for indoor installations in commercial settings. The growing adoption of renewable energy sources such as solar and wind power is further driving the demand for electric boilers, as businesses seek to integrate them with sustainable energy systems for greater operational efficiency. The push for net-zero buildings and the phasing out of fossil fuel heating systems in various regions are also accelerating market adoption. Additionally, electric boilers have lower maintenance requirements compared to traditional boilers, reducing operational costs for commercial facility owners and operators. The increasing electrification of commercial heating solutions aligns with global decarbonization efforts, making electric boilers a future-proof investment for businesses looking to enhance energy efficiency and sustainability.What Technological Advancements Are Shaping the Commercial Electric Boiler Market?
The commercial electric boiler industry is undergoing significant innovation, with manufacturers focusing on enhancing efficiency, scalability, and smart connectivity. Modern electric boilers are being equipped with advanced control systems that allow for precise temperature regulation, load modulation, and remote monitoring via IoT-based platforms. Smart grid compatibility is also being incorporated, enabling boilers to adjust heating loads based on real-time electricity pricing and grid demand fluctuations, reducing energy costs. High-capacity commercial electric boilers with modular configurations are being introduced to cater to large-scale applications, providing businesses with flexible and scalable heating solutions. Furthermore, AI-driven predictive maintenance technology is being integrated to monitor boiler performance, detect anomalies, and optimize efficiency, preventing costly downtime. The shift toward compact and space-saving designs is another trend, allowing for easy integration into commercial buildings with limited mechanical space. Additionally, manufacturers are developing hybrid boiler systems that combine electric heating with heat pumps or thermal storage units to enhance energy savings. With increasing governmental support for clean energy solutions, financial incentives, and carbon reduction targets, the adoption of technologically advanced commercial electric boilers is expected to rise, positioning them as a key component of next-generation commercial heating systems.Report Scope
The report analyzes the Commercial Electric Boilers market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments: Capacity (= 0.3 - 2.5 MMBtu/hr Capacity, > 2.5 - 10 MMBtu/hr Capacity, > 10 - 50 MMBtu/hr Capacity, > 50 - 100 MMBtu/hr Capacity, > 100 - 250 MMBtu/hr Capacity); Product (Hot Water Commercial Electric Boilers, Steam Commercial Electric Boilers)
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the = 0.3 - 2.5 MMBtu/hr Capacity segment, which is expected to reach US$3.3 Billion by 2030 with a CAGR of a 18.8%. The > 2.5 - 10 MMBtu/hr Capacity segment is also set to grow at 17.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $622.8 Million in 2024, and China, forecasted to grow at an impressive 16.2% CAGR to reach $947.7 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Commercial Electric Boilers Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Commercial Electric Boilers Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Commercial Electric Boilers Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as A. O. Smith Corporation, Baxi (BDR Thermea Group), Bosch Industriekessel GmbH, Bryan Boilers, Burnham Commercial and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 36 Featured):
- A. O. Smith Corporation
- Baxi (BDR Thermea Group)
- Bosch Industriekessel GmbH
- Bryan Boilers
- Burnham Commercial
- Chromalox, Inc.
- Cleaver-Brooks
- De Dietrich Remeha
- Doosan Babcock
- Electro Industries, Inc.
- Fulton Boiler Works, Inc.
- Laars Heating Systems Company
- Lattner Boiler Company
- Lochinvar, LLC
- Parker Boiler Co.
- Precision Boilers
- Slant/Fin Corporation
- Sussman Electric Boilers
- Thermal Solutions Products, LLC
- Thermogenics Boilers Inc.
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What’s Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- A. O. Smith Corporation
- Baxi (BDR Thermea Group)
- Bosch Industriekessel GmbH
- Bryan Boilers
- Burnham Commercial
- Chromalox, Inc.
- Cleaver-Brooks
- De Dietrich Remeha
- Doosan Babcock
- Electro Industries, Inc.
- Fulton Boiler Works, Inc.
- Laars Heating Systems Company
- Lattner Boiler Company
- Lochinvar, LLC
- Parker Boiler Co.
- Precision Boilers
- Slant/Fin Corporation
- Sussman Electric Boilers
- Thermal Solutions Products, LLC
- Thermogenics Boilers Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 138 |
| Published | April 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 2.4 Billion |
| Forecasted Market Value ( USD | $ 6.2 Billion |
| Compound Annual Growth Rate | 17.3% |
| Regions Covered | Global |
