U.S. Commercial Boiler Market

1. U.S. Commercial Boiler Market : Future Challenges And Industry Growth Outlook By 2022-2027 • U.S. Commercial Boiler Market to expand lucratively till 2027. Refurbishment of existing commercial establishments and adoption of energy-efficient technologies will spur U.S. commercial boiler market share. Construction of sustainable buildings, along with the implementation of safety standards, will continue to provide avenues of growth. With highly efficient heating systems gaining traction, healthcare is likely to be a major market for commercial boiler suppliers. • Research and development activities to develop innovative large-scale systems will fuel the adoption of boilers across end-use applications, including retail stores, warehouse & storage and healthcare. Recent breakthroughs have played a pivotal role in exploring internet of things (IoT) technology. So much so that facility owners are integrating boiler operating controls with a remote connectivity app. In terms of revenue, U.S. commercial boiler market size could witness an appreciable gain through 2027. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

2. Commercial oil-fired boilers have become trendier in buildings following the implementation of strict laws and reducing oil prices in the global market. Moreover, the implementation of digital systems across American education institutions has augured well for industry growth. Oil-fired boilers have become a useful option in areas with limited access to natural gas. These boilers have become a cost-effective and energy-efficient method to bolster central heating. Commercial oil boilers are likely to account for a considerable share of U.S. market in the forthcoming period. End-users have shown an increased inclination for >100 - ≤ 250 MMBtu/hr commercial boilers owing to the demand for rental spaces and smart heat generation technology. Factors, such as ease of installation, low cost per unit and fuel flexibility will play a vital role in fueling the demand for commercial boilers. U.S. commercial boiler industry share from >100 - ≤ 250 MMBtu/hr segment will grow at a significant rate up to 2027. Steam commercial boilers will gain upticks from the demand for the upgrade and replacement of traditional heating systems. Not to mention, these boilers have gained popularity as an effective thermal insulating material with increased efficiency. Steam boilers are expected to be sought-after in retail stores, warehouses and offices to leverage the former’s higher fuel output ratio, low maintenance and operation variability. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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4. Key vendors, such as Fulton Boiler Works, Miura America, Columbia Boiler Company, P.M. Lattner Manufacturing, Babcock & Wilcox, Hurst Boiler & Welding, Parker Boiler Company and Victory Energy Operations LLC have intensified the competitive landscape in U.S. commercial boiler market. They are likely to invest in mergers & acquisitions, product launches and innovations. Boiler technologies with color touch screens providing smart control interfaces to building management systems have come to the fore. Several boilers are expected to provide remote monitoring with a reduced carbon footprint. The installation of boiler systems will be noticeable across the commercial sector with a rising need for space heating in U.S. market. Expansion of real estate projects has spurred the demand for hot water boiler systems across U.S. market. Boiler suppliers have shifted their attention towards the growth of eco-friendly commercial establishments in the wake of the demand for space heating in medical facilities. Leading companies are likely to expand the installation of boilers in space heating applications for schools, hospitals and other large commercial buildings. U.S. commercial hot water boiler market could expand at a notable CAGR up to 2027. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

5. Segments of U.S. Commercial Boiler Market ; • U.S. Market, By Capacity • ≥ 0.3 – ≤ 2.5 MMBtu/hr • > 2.5 – ≤ 10 MMBtu/hr • > 10 – ≤ 50 MMBtu/hr • > 50 – ≤ 100 MMBtu/hr • > 100 – ≤ 250 MMBtu/hr • U.S. Market, By Technology • Condensing • Non-condensing • U.S. Market, By Product • Hot Water • Steam ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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