Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Industrial Electric Boiler Market revenue to cross USD 691 Mn by 2030: Global Market Insights Inc.


News provided by

Global Market Insights Inc.

10 Aug, 2022, 11:50 GMT

Share this article

Share toX

Share this article

Share toX

The industrial electric boiler market from 50 – 100 MMBtu/hr capacity segment is anticipated to reach USD 230 million by 2030 owing to the increasing demand for food processing units.

SELBYVILLE, Del., Aug. 10, 2022 /PRNewswire/ --The global industrial electric boiler market size is expected to record a valuation of USD 691 million by 2030, according to the latest research study by Global Market Insights Inc.

Continue Reading
This image opens in the lightbox
Industrial Electric Boiler Market
This image opens in the lightbox
Global Market Insights Inc., Logo

A positive outlook toward chemical & food processing industries will drive the industry trends. Increasing investments across the chemical sector, along with shifting consumer focus toward renewable heating sources, will increase the demand for industrial electric boilers. For instance, in April 2022, the Energy Efficiency and Conservation Authority (EECA) invested around USD 5 million in a biomass boiler at a capsicum farm in north Auckland. EECA stated that this investment was a step towards saving 38,000 tons of greenhouse gas emissions each year.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/5301

High product ownership costs may emerge as a major restraining factor, cites the report. On the other hand, the mounting uptake of greener products in developing nations may aid industry players in penetrating newer markets.

Based on voltage rating, the report segregates the industrial electric boiler market into low voltage and medium voltage. The medium voltage segment is estimated to attain a 14.9% CAGR through 2030 due to low noise emissions, zero exhaust gas, high reliability & durability, rapid startup, and other attributes of these boilers.

The 50 – 100 MMBtu/hr capacity segment is anticipated to surpass USD 230 million by 2030. This growth is attributed to rising demand for food processing units.

The industrial electric boiler market outlook from the refinery application segment will remain positive until 2030. Decreasing crude oil costs, as well as rising per capita incomes across developing countries, will impel the demand for refined petroleum products, thereby resulting in considerable refining capacity additions. For instance, in March 2022, Norsk Hydro, a renewable energy company, announced that its Alunorte alumina refinery in Brazil began operation with its first electric boiler, which was intended to reduce carbon emissions of the plant by 100 thousand metric tons per annum.

Latin America industrial electric boiler market to reach around USD 35 million by 2030. Rapid industrialization across the continent may be a major factor pushing regional growth. In addition, increasing government emphasis on electrification of existing heating systems will propel the market growth in the region.

The continuing replacement of traditional heating systems in line with the introduction of regulations for emission reduction & energy conservation will favor the industry scenario in the MEA region. The competitive landscape of the industrial electric boiler market is inclusive of Vattenfall, The Fulton Companies, Cochrane Engineering, Värmebaronen, Precision Boilers, Thermona, Cerney, Thermon, Babcock Wanson, Thermodyne Boilers, Danstoker, Ecotherm Austria, PARAT Halvorsen, ACV, Acme Engineering Products, Slant/Fin Corporation, LACAZE ENERGIES, KOSPEL, Klöpper-Therm GmbH, Cleaver-Brooks, and FERROLI. These leaders engage mainly in product innovation and increasing product efficiency to maintain their market position.

Request for customization of this research report @ https://www.gminsights.com/roc/5301

Partial Table of Contents (ToC) of the report:

Chapter 3 Industrial Electric Boiler Market Insights

3.1  Industry ecosystem analysis

3.2  Innovation & technology landscape

3.2.1  The Fulton Companies

3.2.2  Cleaver-Brooks

3.2.3  Babcock Wanson

3.2.4  Thermon

3.2.5  PARAT Halvorsen AS

3.2.6  Thermona, spol. s.r.o.

3.3  Regulatory landscape

3.4  COVID- 19 impact on the industry outlook

3.5  Industry impact forces

3.5.1  Growth drivers

3.5.1.1  Growing measures toward the decarbonization of industrial sector

3.5.1.2  Positive outlook toward chemical & food processing industries

3.5.1.3  Rapid industrialization across developing economies

3.5.1.4  Upgrading & replacement of existing boilers

3.5.1.5  Growing demand for energy efficient boilers

3.5.2  Industry pitfalls & challenges

3.5.2.1  High electricity cost

3.6  Growth potential analysis

3.7  Porter's Analysis

3.8  Competitive landscape, 2022

3.9  PESTEL Analysis

Browse Complete Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/industrial-electric-boiler-market

About Global Market Insights Inc.

Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

Contact Us: 

Arun Hegde
Corporate Sales, USA
Global   Market Insights Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Read More News @ https://ibmag.com/

Photo: https://mma.prnewswire.com/media/1875758/Industrial_Electric_Boiler_Market.jpg
Logo: https://mma.prnewswire.com/media/661916/GMI.jpg

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.