How big is the Commercial Boiler Market | Regional Insights & Growth Drivers 2025

Code: MTA5687 Publication Date: Jul 2025

How big is the Commercial Boiler Market?

According to 6Wresearch internal database and industry insights, the Global commercial boiler market was valued at approximately USD 6.7 billion in 2024 and is projected to reach USD 10.3 billion by 2031, growing at a CAGR of 6.3%.

This growth is driven by rising demand for energy-efficient heating systems across commercial buildings, increasing construction of institutional facilities, and strict regulations promoting cleaner heating solutions.

Key Growth Drivers of the Commercial Boiler Market

  • Increasing adoption of high-efficiency condensing boilers
  • Rapid urbanization and infrastructure development
  • Stringent emission norms and regulatory compliance requirements
  • Growing demand from hospitals, hotels, schools, and office spaces
  • Rising need for space heating in cold climate regions

Commercial Boiler Market Trends

The Commercial Boiler Market is seeing strong demand for low-emission and high-efficiency gas-fired boilers, especially in developed economies. There is growing adoption of condensing boiler technology due to its superior energy performance. Smart boiler systems with real-time monitoring and control capabilities are gaining traction. Manufacturers are focusing on modular designs and compact footprint to fit limited spaces in commercial buildings. Retrofits and upgrades of aging boiler systems are also contributing significantly to market expansion.

Emerging Developments in the Commercial Boiler Market

Recent developments include integration of IoT-based predictive maintenance and automation systems for remote diagnostics. R&D is focusing on hydrogen-ready boilers and hybrid boiler systems that combine renewable and conventional energy sources. Some companies are launching boilers compatible with district heating networks and incorporating AI-driven performance optimization. Government incentives and green building certifications are further accelerating the adoption of sustainable boiler technologies in the commercial sector.

Major Companies in the Commercial Boiler Market

  • Cleaver-Brooks
  • Bosch Thermotechnology
  • A.O. Smith Corporation
  • Fulton Boiler Works, Inc.
  • Slant/Fin Corporation
  • Parker Boiler Co.
  • Miura America Co., Ltd.
  • Burnham Commercial
  • Weil-McLain
  • Lochinvar, LLC

How big is the Commercial Boiler Market : FAQ's

The commercial boiler market was valued at USD 6.7 billion in 2024 and is projected to reach USD 10.3 billion by 2031.
The commercial boiler market is expected to grow at a CAGR of 6.3% during the forecast period of 2025 to 2031.
Healthcare, hospitality, educational institutions, corporate offices, and commercial complexes.
Energy-efficient heating demand, building construction growth, emission regulations, and smart HVAC systems.
High installation costs, regulatory barriers, and the need for skilled maintenance professionals.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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