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Gas Fired Boilers Market - Growth, Trends And Forecast (2021 - 2026) By Types, By Application, By Regions and By Key Players - Viessmann, WOOD, Forbes Marshall, Babcock & Wilcox,

02 Jan, 2020 | 116 Pages
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Global Gas Fired Boilers Market Size will register a 5.1% CAGR in terms of revenue, is expected to reach $ 12740 million by 2026, from $ 10440 million.


Gas Fired Boilers Market Overview


Gas boilers along with furnaces are fuelled either by natural gas or propane with little modification that account for several features of fuel however fuel comes at a cheaper rate than propane. Number of retrofits are made believable by the gas fired boilers. Yet, before proceeding with any of the retrofits, added benefits should be considered that one could receive through the replacement of furnace.


When compared to other boilers, gas-fired boilers achieve the efficacy of 95% which makes them more potent and hence these boilers are expected to see a rise in the demand for both commercial and residential segments in coming years. As there is growth in the construction of residential buildings and the usage of gas-fired boilers in residential segment is to heat water, there is expected to be a surge in the market of gas-fired boilers. Strict regulations in an effort to control the traditional boilers induced releases will increase the demand for gas-fired boilers. In addition, there has been a paradigm shift towards the cleaner fuel which will increase the demand for gas-fired boilers even more.


Industry News and Updates:



  • MIURA CO. LTD EXPANDS GLOBAL MODULAR STEAM BOILER MANUFACTURING

    • Miura Co., Ltd, with divisions in America and across the globe, expanded its manufacturing of safe, effective, and supportable industrial steam boilers to the Chinese market.



  • Babcock & Wilcox to Install Efficiency-Improving Technology for Oil Sands Boilers

    • Babcock & Wilcox Enterprises, Inc. (NYSE: BW) announced that it continues to expand its role in the petrochemical industry with a contract to install new economizers for two B&W TSSGTM natural gas-fired boilers at an oil sands project in Alberta, Canada. The project, which was awarded to a subsidiary, is valued at more than $4 million.



  • Fulton launches intelligent steam boiler sequencing control system

    • Process steam and heat transfer specialist Fulton has launched SCOPE, an all-new, PLC-based boiler sequencing control system that can optimise installations to safeguard energy efficient operation and rally boiler durability,including Fulton’s own range of existing and planned products and those manufactured by other boiler OEMs.



  • Lochinvar launches ultra-low NOx boilers

    • Lochinvar has introduced a new range of wall-hung, gas-fired, high efficiency condensing boilers that produce an extremely low level of NOx emissions.

    • NOx emissions from the company’s new EFB gas-fired condensing range are lower than 24mg/kWh, which the company believes to be the lowest level produced by any commercial wall hung boiler currently available on the UK market. As a result, all EFB models qualify for the maximum two credits awarded for air quality on BREEAM-rated projects.





Who are the Major Players in Gas Fired Boilers Market?


Top Key players in the Gas Fired Boilers Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Gas Fired Boilers Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Viessmann, WOOD, Forbes Marshall, Babcock & Wilcox, Miura, Rentech Boiler, Fulton, Hurst Boiler & Welding Company, Inc., Ferroli, Hoval, Parker Boiler, Fondital, Isjec Heavy Engineering Ltd., Alfa Laval AB, Thermodyne Engineering Systems (India), Carrier Corporation, U.S. Boiler Company, Inc., Thermax limited, Lochinvar Ltd, Weil-McLain, Microtech Boilers Pvt. Ltd., ThyssenKrupp AG, Bosch Industriekessel GmbH, Westinghouse Electric Corporation, Rite Engineering and Manufacturing Corporation, Sofinter S.p.a, and Velocity Boiler Works and others.


What are the major Applications, Types and Regions for Gas Fired Boilers Market?


Gas Fired Boilers Market is segmented based on the type, applications, companies and regions.


By Material Type: 



  • Cast Iron

  • Stainless Steel

  • Cast Aluminium

  • Others


By Capacity Type:



  • 1-5 MW

  • 5-10 MW

  • 11-25 MW

  • >25 MW


The segment of 1-5 MW holds a comparatively larger share in global market, which accounts for about 61% and The commercial holds an important share in terms of applications, and accounts for 65% of the market share.


By end user’s industry application:



  • Commercial

  • Industrial

  • Residential


Regional Analysis:


The report offers in-depth assessment of the growth and other aspects of the Gas Fired Boilers Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.


North America region is anticipated to make an excellent platform for the growth of the gas-fired boilers market in recent future. The climate in the North America region has accelerated the growth of water heating equipment sales, owing to which the gas-fired boilers market is projected to grow at a decent rate in the North America region. Latin America region is anticipated to initiate the gas-fired boilers market owing to the increasing demand from the commercial and industrial applications.


Europe has witnessed noteworthy growth in the commercial spaces and the chemical industry in the recent past. The growth of the commercial spaces and chemical industry in Europe is anticipated to drive the sales of the gas-fired boilers in the region.


The Middle East and Africa region have developed new commercial spaces owing to the increasing tourism in the region. The growth of the commercial spaces in the region is anticipated to boost the sales of gas-fired boilers market in the Middle East and Africa in the recent future.


Asia Pacific is a region with high potential for the growth of the gas-fired boilers market. The labour costs are reduced due to high population, which has added to the growth of different industries, commercial spaces, and residential buildings in the region. Owing to this, the demand for the gas-fired boilers in the future is expected to remain high in the region.


What is our Gas Fired Boilers Market report scope?


The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2021-2026. The report presents the analysis of Gas Fired Boilers Market for the historical period of 2017-2021 and the forecast period of 2021-2026.


Key Takeaways from this Gas Fired Boilers Report



  • Evaluate Gas Fired Boilers market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Gas Fired Boilers market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.


All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.


  1. Gas Fired Boilers Introduction and Market Overview

    1. Objectives of the Study

    2. Overview of Gas Fired Boilers

    3. Scope of The Study

      1. Key Market Segments

      2. Players Covered

      3. COVID-19's impact on the Gas Fired Boilers industry



    4. Methodology of The Study

    5. Research Data Source



  2. Executive Summary

    1. Market Overview

      1. Global Gas Fired Boilers Market Size, 2016 to 2021

      2. Global Gas Fired Boilers Market Size by Type, 2016 to 2021

      3. Global Gas Fired Boilers Market Size by Application, 2016 to 2021

      4. Global Gas Fired Boilers Market Size by Region, 2016 to 2021



    2. Business Environment Analysis

      1. Global COVID-19 Status and Economic Overview

      2. Influence of COVID-19 Outbreak on Gas Fired Boilers Industry Development





  3. Industry Chain Analysis

    1. Upstream Raw Material Suppliers of Gas Fired Boilers Analysis

    2. Major Players of Gas Fired Boilers

    3. Gas Fired Boilers Manufacturing Cost Structure Analysis

      1. Production Process Analysis

      2. Manufacturing Cost Structure of Gas Fired Boilers

      3. Labor Cost of Gas Fired Boilers



    4. Market Distributors of Gas Fired Boilers

    5. Major Downstream Buyers of Gas Fired Boilers Analysis

    6. The Impact of Covid-19 From the Perspective of Industry Chain

    7. Regional Import and Export Controls Will Exist for a Long Time

    8. Continued downward PMI Spreads Globally



  4. Global Gas Fired Boilers Market, by Type

    1. Global Gas Fired Boilers Value and Market Share by Type (2016 - 2021)

    2. Global Gas Fired Boilers Production and Market Share by Type (2016 - 2021)

    3. Global Gas Fired Boilers Value and Growth Rate by Type (2016 - 2021)
      1. Global Gas Fired Boilers Value and Growth Rate of 1-5 MW

      2. Global Gas Fired Boilers Value and Growth Rate of 5-10 MW

      3. Global Gas Fired Boilers Value and Growth Rate of 11-25 MW

      4. Global Gas Fired Boilers Value and Growth Rate of >25 MW

      5. Global Gas Fired Boilers Value and Growth Rate of Other



    4. Global Gas Fired Boilers Price Analysis by Type (2016 - 2021)



  5. Gas Fired Boilers Market, by Application

    1. Downstream Market Overview

    2. Global Gas Fired Boilers Consumption and Market Share by Application
      (2016 - 2021)

    3. Global Gas Fired Boilers Consumption and Growth Rate by Application
      (2016 - 2021)
      1. Commercial Global Gas Fired Boilers Consumption and Growth Rate (2016-2021)
      2. Industrial Global Gas Fired Boilers Consumption and Growth Rate (2016-2021)




  6. Global Gas Fired Boilers Market Analysis by Regions

    1. Global Gas Fired Boilers Sales, Revenue and Market Share by Regions

      1. Global Gas Fired Boilers Sales by Regions (2016 - 2021)

      2. Global Gas Fired Boilers Revenue by Regions (2016 - 2021)



    2. North America Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    3. Europe Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    4. Asia-Pacific Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    5. Middle East and Africa Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    6. South America Gas Fired Boilers Sales and Growth Rate (2016 - 2021)



  7. North America Gas Fired Boilers Market Analysis by Countries

    1. The Influence of COVID-19 on North America Market

    2. North America Gas Fired Boilers Sales, Revenue and Market Share by Countries

      1. North America Gas Fired Boilers Sales by Countries (2016 - 2021)

      2. North America Gas Fired Boilers Revenue by Countries (2016 - 2021



    3. United States Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    4. Canada Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    5. Mexico Gas Fired Boilers Sales and Growth Rate (2016 - 2021)



  8. Europe Gas Fired Boilers Market Analysis by Countries

    1. The Influence of COVID-19 on Europe Market

    2. Europe Gas Fired Boilers Sales, Revenue and Market Share by Countries

      1. Europe Gas Fired Boilers Sales by Countries (2016 - 2021)

      2. Europe Gas Fired Boilers Revenue by Countries (2016 - 2021)



    3. Germany Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    4. UK Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    5. France Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    6. Italy Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    7. Spain Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    8. Russia Gas Fired Boilers Sales and Growth Rate (2016 - 2021)



  9. Asia Pacific Gas Fired Boilers Market Analysis by Countries

    1. The Influence of COVID-19 on Asia Pacific Market

    2. Asia Pacific Gas Fired Boilers Sales, Revenue and Market Share by Countries

      1. Asia Pacific Gas Fired Boilers Sales by Countries (2016 - 2021)

      2. Asia Pacific Gas Fired Boilers Revenue by Countries (2016 - 2021)



    3. China Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    4. Japan Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    5. South Korea Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    6. India Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    7. Southeast Asia Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    8. Australia Gas Fired Boilers Sales and Growth Rate (2016 - 2021)



  10. Middle East and Africa Gas Fired Boilers Market Analysis by Countries

    1. The Influence of COVID-19 on Middle East and Africa Market

    2. Middle East and Africa Gas Fired Boilers Sales, Revenue and Market Share by
      Countries

      1. Middle East and Africa Gas Fired Boilers Sales by Countries
        (2016 - 2021)

      2. Middle East and Africa Gas Fired Boilers Revenue by Countries
        (2016 - 2021)

      Application_List

    3. Saudi Arabia Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    4. UAE Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    5. Egypt Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    6. Nigeria Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    7. South Africa Gas Fired Boilers Sales and Growth Rate (2016 - 2021)



  11. South America Gas Fired Boilers Market Analysis by Countries

    1. The Influence of COVID-19 on Middle East and Africa Market

    2. South America Gas Fired Boilers Sales, Revenue and Market Share by Countries

      1. South America Gas Fired Boilers Sales by Countries (2016 - 2021)

      2. South America Gas Fired Boilers Revenue by Countries (2016 - 2021)



    3. Brazil Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    4. Argentina Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    5. Columbia Gas Fired Boilers Sales and Growth Rate (2016 - 2021)

    6. Chile Gas Fired Boilers Sales and Growth Rate (2016 - 2021)



  12. Competitive Landscape
    1. Viessmann

      1. Viessmann Basic Information

      2. Gas Fired Boilers Product Introduction

      3. Viessmann Production, Value, Price, Gross Margin 2016 - 2021



    2. WOOD

      1. WOOD Basic Information

      2. Gas Fired Boilers Product Introduction

      3. WOOD Production, Value, Price, Gross Margin 2016 - 2021



    3. Forbes Marshall

      1. Forbes Marshall Basic Information

      2. Gas Fired Boilers Product Introduction

      3. Forbes Marshall Production, Value, Price, Gross Margin 2016 - 2021



    4. Babcock & Wilcox

      1. Babcock & Wilcox Basic Information

      2. Gas Fired Boilers Product Introduction

      3. Babcock & Wilcox Production, Value, Price, Gross Margin 2016 - 2021



    5. Miura

      1. Miura Basic Information

      2. Gas Fired Boilers Product Introduction

      3. Miura Production, Value, Price, Gross Margin 2016 - 2021



    6. Rentech Boiler

      1. Rentech Boiler Basic Information

      2. Gas Fired Boilers Product Introduction

      3. Rentech Boiler Production, Value, Price, Gross Margin 2016 - 2021



    7. Fulton

      1. Fulton Basic Information

      2. Gas Fired Boilers Product Introduction

      3. Fulton Production, Value, Price, Gross Margin 2016 - 2021



    8. Hurst Boiler & Welding Company, Inc.

      1. Hurst Boiler & Welding Company, Inc. Basic Information

      2. Gas Fired Boilers Product Introduction

      3. Hurst Boiler & Welding Company, Inc. Production, Value, Price, Gross Margin 2016 - 2021



    9. Ferroli

      1. Ferroli Basic Information

      2. Gas Fired Boilers Product Introduction

      3. Ferroli Production, Value, Price, Gross Margin 2016 - 2021



    10. Hoval

      1. Hoval Basic Information

      2. Gas Fired Boilers Product Introduction

      3. Hoval Production, Value, Price, Gross Margin 2016 - 2021



    11. Parker Boiler

      1. Parker Boiler Basic Information

      2. Gas Fired Boilers Product Introduction

      3. Parker Boiler Production, Value, Price, Gross Margin 2016 - 2021



    12. Fondital

      1. Fondital Basic Information

      2. Gas Fired Boilers Product Introduction

      3. Fondital Production, Value, Price, Gross Margin 2016 - 2021





  13. Industry Outlook

    1. Market Driver Analysis

      1. Market Restraints Analysis

      2. Market Trends Analysis



    2. Merger, Acquisition and New Investment

    3. News of Product Release



  14. Global Gas Fired Boilers Market Forecast

    1. Global Gas Fired Boilers Market Value & Volume Forecast, by Type (2021 - 2025)
      1. Global Gas Fired Boilers Value and Growth Rate of 1-5 MW

      2. Global Gas Fired Boilers Value and Growth Rate of 5-10 MW

      3. Global Gas Fired Boilers Value and Growth Rate of 11-25 MW

      4. Global Gas Fired Boilers Value and Growth Rate of >25 MW



    2. Global Gas Fired Boilers Market Value & Volume Forecast, by Application (2021 - 2025)
      1. Commercial Global Gas Fired Boilers Consumption and Growth Rate (2021-2025)
      2. Industrial Global Gas Fired Boilers Consumption and Growth Rate (2021-2025)


    3. Gas Fired Boilers Market Analysis and Forecast by Region

      1. North America Market Value and Consumption Forecast (2021 - 2025)

      2. Asia Pacific Market Value and Consumption Forecast (2021 - 2025)

      3. Middle East and Africa Market Value and Consumption Forecast (2021 - 2025)

      4. South America Market Value and Consumption Forecast (2021 - 2025)





  15. New Project Feasibility Analysis

    1. Industry Barriers and New Entrants SWOT Analysis

      1. Porter's Five Forces Analysis

      2. New Entrants SWOT Analysis



    2. Analysis and Suggestions on New Project Investment



SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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