Indonesia Commercial Boilers Market (2024-2030) | Forecast, Industry, Share, Revenue, Value, Size, Analysis, Trends, Growth & Companies

Topics Covered in Indonesia Commercial Boilers Market Report

The Indonesia Commercial Boilers Market Report thoroughly covers the market by fuel type, capacity, and application. The Indonesia Commercial Boilers Market Outlook report provides an unbiased and detailed analysis of the ongoing Indonesia Commercial Boilers Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.

Indonesia Commercial Boilers Market Synopsis

The Indonesia Commercial Boilers Market is growing and it is projected to grow in the future with an increasing demand for cleaner as well as energy-efficient equipment. Government initiatives and incentives are laudable work towards accomplishing a more sustainable energy mix.

According to 6Wresearch, the Indonesia Commercial Boilers Market size is anticipated to rise at a CAGR of 5.6% during 2024-2030. The commercial boilers market in Indonesia is driven by several factors. Firstly, the growing demand for commercial boilers from various industries such as healthcare, hospitality, and education. Secondly, the initiative by the government of Indonesia to increase the share of renewables in the national energy mix, to have a 23% share of renewables by 2025. Lastly, the prevalence of coal-free policies by the government and utility companies which has incentivized industries to switch to cleaner sources of energy such as gas and biomass. These factors are stimulating the Indonesia Commercial Boilers Market Growth.

There are many challenges facing the market. Firstly, the high price of commercial boilers is a crucial factor that hinders the growth of the market. The price of boilers varies with capacity, type, and efficiency, making it unaffordable for small and medium-sized enterprises. Secondly, the lack of awareness about the benefits of using cleaner energy sources and efficient boilers among the end-users is a crucial hindrance that needs addressing. Lastly, the lack of standardized regulations regarding energy efficiency testing and labeling hinders the growth of the commercial boilers market.

Commercial Boilers Market in Indonesia: Leading Players

Several key players in Indonesia's commercial boilers market include Bosch Thermotechnology Indonesia, Miura Indonesia, Cleaver-Brooks, PT Atmindo Tbk, and Rentech Boiler Systems, among others. These players have been focusing on product innovation, technological advancements, mergers, and acquisitions to attain a competitive edge over their peers.

Indonesia Commercial Boilers Industry: Government Initiatives

The Indonesian government has taken several initiatives to fuel the growth of the commercial boilers market. The government has set a target to increase the share of renewables in the country's national energy mix to 23% by 2025. To achieve this goal, the government has been promoting clean energy sources and energy-efficient technologies for industries. Additionally, the government has offered several incentives, including tax incentives and subsidies, to support the growth of the clean and renewable energy industry.

Market Segmentation Fuel Type

According to Nikhil, Senior Research Analyst, 6Wresearch, Indonesian commercial boilers market is witnessing steady growth, with the natural gas fuel segment being the fastest-growing segment. While coal-fired boilers are still prevalent in specific industries, the focus on reducing coal dependence is driving industries to switch to cleaner fuels such as natural gas.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Indonesia Commercial Boilers Market Outlook
• Market Size of Indonesia Commercial Boilers Market, 2023
• Forecast of Indonesia Commercial Boilers Market, 2030
• Historical Data and Forecast of Indonesia Commercial Boilers Revenues & Volume for the Period 2020 - 2030
• Indonesia Commercial Boilers Market Trend Evolution
• Indonesia Commercial Boilers Market Drivers and Challenges
• Indonesia Commercial Boilers Price Trends
• Indonesia Commercial Boilers Porter's Five Forces
• Indonesia Commercial Boilers Industry Life Cycle
• Historical Data and Forecast of Indonesia Commercial Boilers Market Revenues & Volume By Fuel Type for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Commercial Boilers Market Revenues & Volume By Fire Tube Natural Gas for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Commercial Boilers Market Revenues & Volume By Oil for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Commercial Boilers Market Revenues & Volume By Coal for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Commercial Boilers Market Revenues & Volume By Capacity for the Period 2020 – 2030
• Historical Data and Forecast of Indonesia Commercial Boilers Market Revenues & Volume By 0.3-2.5 MMBtu/Hr for the Period 2020 – 2030
• Historical Data and Forecast of Indonesia Commercial Boilers Market Revenues & Volume By 2.5-10 MMBtu/Hr for the Period 2020 – 2030
• Historical Data and Forecast of Indonesia Commercial Boilers Market Revenues & Volume By 50-100 MMBtu/Hr for the Period 2020 – 2030
• Historical Data and Forecast of Indonesia Commercial Boilers Market Revenues & Volume By 100-250 MMBtu/Hr for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Commercial Boilers Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Commercial Boilers Market Revenues & Volume By Offices for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Commercial Boilers Market Revenues & Volume By Warehouse & Storage for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Commercial Boilers Market Revenues & Volume By Educational Institutions for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Commercial Boilers Market Revenues & Volume By Lodging for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Commercial Boilers Market Revenues & Volume By Others for the Period 2020 - 2030
• Indonesia Commercial Boilers Import Export Trade Statistics
• Market Opportunity Assessment By Fuel Type
• Market Opportunity Assessment By Capacity
• Market Opportunity Assessment By Application
• Indonesia Commercial Boilers Top Companies Market Share
• Indonesia Commercial Boilers Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Commercial Boilers Company Profiles
• Indonesia Commercial Boilers Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Fuel Type

• Fire Tube Natural Gas
• Oil
• Coal

By Capacity

• 0.3-2.5 MMBtu/Hr
• 2.5-10 MMBtu/Hr
• 50-100 MMBtu/Hr
• 100-250 MMBtu/Hr

By Application

• Offices
• Warehouse & Storage
• Educational Institutions
• Lodging
• Others