U.S. Boiler Market to Surpass $4 billion by 2028, Says

Selbyville, Delaware, August 25, 2021 (GLOBE NEWSWIRE) –

With soaring government spending on the health care sector and upgrading traditional heating systems, U.S. boiler market sales are projected to exceed $ 4 billion by 2028, according to the latest study by Global Market Insights Inc. Strict government regulations to reduce CO2 emissions, coupled with the continued construction of sustainable buildings, will fuel industry growth.

The boiler segment with> 250 MMBtu / h will noticeably gain momentum due to its rapid deployment in large steelworks, food processing plants, pulp and paper mills and petrochemical plants. The constant expansion of the existing refineries with a simultaneous increase in the demand for primary metals will stimulate the demand for high-performance boilers. The ability of these systems to operate effectively in harsh weather conditions will enliven the business landscape.

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With the need to replace conventional equipment to meet regulatory requirements, it is predicted that hot water boiler applications will increase. The increasing integration of digital and intelligent systems to improve surveillance operations will drive the industry’s expansion. The product offers key advantages such as low cost, easy installation and high reliability, which in turn will boost industry statistics.

Key Findings of US Boiler Market Report Include:

  • The US boiler industry is growing due to the increasing need for space heating in commercial buildings.
  • The changing trends towards expanding industrial developments along with an increasing rate of urbanization will drive product penetration.
  • Major players in the overall market are AO Smith, Bradford White Corporation, Miura America, Fulton Boiler Works, and Columbia Boiler Company.
  • A positive outlook for the construction of new production facilities will favor the business scenario.

Search key industry insights on 1,290 pages with 3,112 market data tables and 41 figures and charts from the report.US boiler market by fuel (natural gas, oil, coal), capacity (0.3-2.5 MMBtu / hour, 2.5-10 MMBtu / hour, 10-50 MMBtu / hour, 50-100 MMBtu / Hours, 100 – 250 MMBtu / hour,> 250 MMBtu / hour), technology (condensing, non-condensing), product (hot water, steam), application (commercial offices, warehouses and warehouses, retail, education, accommodation, public gatherings, Healthcare}, Industrial {Food Processing, Pulp & Paper, Chemical, Refining, Primary Metal}), industry analysis report, regional outlook, application potential, competitive market share and forecast, 2021-2028“In detail together with the table of contents:

https://www.gminsights.com/industry-analysis/us-boiler-market

The global economy is being hit hard by COVID-19. Due to the robust heat demand in several states, an increased demand for boiler systems is to be expected. State and private actors work together to effectively deal with the current situation.

The U.S. Pacific Boiler Market is projected to see above 5% CAGR through 2028. The increasing infrastructure investments in connection with the ongoing renovation of the existing commercial buildings will complement the industry scenario. Favorable government policies to develop key economic sectors along with the expansion of industrial facilities, including chemical, machinery and F&B industries, will further stimulate the business landscape.

Search the table of contents of this report @ https://www.gminsights.com/toc/detail/us-boiler-market

About global market insights

Global Market Insights Inc., headquartered in Delaware, USA, is a global market research and advisory service provider that provides syndicated and custom research reports and growth advisory services. Our business intelligence and industry research reports provide clients with penetrating insights and actionable market data that is specifically designed and presented to aid strategic decisions. These comprehensive reports have been generated using a proprietary research methodology and are available for key industries such as chemistry, advanced materials, technology, renewable energies and biotechnology.

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