Electric Boiler Market By Product Type, By Category, By Distribution Channel, By End-use : Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

According to a new report published by Allied Market Research, titled, "Electric Boiler Market," The electric boiler market was valued at $9.2 billion in 2022, and is estimated to reach $24.1 billion by 2032, growing at a CAGR of 10.2% from 2023 to 2032. An electric boiler is a multipurpose heating equipment that produces hot water or steam for a variety of uses. Electric boilers, unlike typical gas or oil boilers, use electricity as their major source of power to heat water or produce steam. They have gained popularity because of their clean and environmentally friendly operation, making them an appealing alternative for residential, commercial, and industrial heating systems. Many businesses and industrial locations utilize electric boilers for space and process heating.

One of the primary advantages of electric boilers is their great efficiency. Electric boilers convert electrical energy into heat with high efficiency, reducing energy waste and providing a more sustainable way of propulsion. This efficiency translates to a longer driving range on a single charge, saving drivers time and money on refueling. Electric boilers are at the forefront of ecologically efficient transportation. Unlike internal combustion engines, which generate hazardous pollutants and greenhouse gases, electric boilers emit no tailpipe emissions. This not only improves air quality but also contributes to the global effort to avert climate change. Electric boilers provide high torque, enabling swift acceleration from a standstill.

Electric boilers are completely reliant on a steady power source. This dependency might be a significant disadvantage in areas with frequent power outages or defective electrical infrastructure. Backup generators can assist in mitigate this issue, but they add to the system's cost and complexity. Electric boilers may struggle to deliver enough heat to maintain acceptable interior temperatures in especially cold places. In these conditions, the need for a backup heating system becomes clearer, raising the overall cost. Electric boilers may not be the greatest choice for radiant heating systems, which use hot water or steam to circulate via pipes installed in floors or walls.

Electric boilers offer a possible frontier in future technology, providing a variety of alternatives across a wide range of sectors. Electric boilers have the potential to become the cornerstone of household green heating systems. Electric boilers are a viable alternative to traditional gas or oil-fired systems as homeowners and builders seek energy-efficient and environmentally friendly options. Additionally, the usage of electric boilers has the potential to significantly benefit the commercial and industrial sectors. These businesses frequently need a significant amount of energy for space heating, hot water generating, and other industrial processes. Electric boilers, with their flexibility and agility, can provide a solution that aligns with the environmental goals of many businesses.

The significance of indoor air quality and heating systems was highlighted as a result of the epidemic. As people stayed indoors more to avoid virus transmission, there was a greater need for dependable, efficient, and environmentally friendly heating choices such as electric boilers. Because of the emphasis on minimizing indoor air pollution and maintaining proper ventilation, electric boilers were an appealing alternative because they emit no direct emissions, therefore assisting in the improvement of interior settings. Furthermore, the trend of remote working led customers to invest in home modifications such as heating system upgrades, which increased demand for electric boilers.

The key players profiled in this report include: Viessmann, A. O. Smith, BDR Thermea Group, ELNUR S.A, SAV Systems Ltd, Varmebaronen, Vapor Power International, P.M. Lattner Manufacturing Co., Reimers Electra Steam, Inc., and ECOTHERM Austria GmbH. The market players are continuously striving to achieve a dominant position in this competitive market using strategies such as after-sales services and cost competitiveness.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the electric boiler market analysis from 2022 to 2032 to identify the prevailing electric boiler market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the electric boiler market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global electric boiler market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
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Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

Consumer Buying Behavior Analysis
Investment Opportunities
Upcoming/New Entrant by Regions
Technology Trend Analysis
Market share analysis of players by products/segments
Regulatory Guidelines
Strategic Recommedations
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Brands Share Analysis
Criss-cross segment analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
Market share analysis of players at global/region/country level
SWOT Analysis

Key Market Segments

By Product Type

Hot Water Boilers
Steam Water Boilers

By Category

Traditional Electric Boilers
Smart Electric Boilers

By Distribution Channel

Online
Offline

By End-use

Residential
Commercial
- Commercial
- Food Processing
- Chemical Industries
- Refineries and Distilleries
- Healthcare and Pharmaceuticals
- Paper and Textiles
- Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- UAE
- Saudi Arabia
- South Africa
- Rest of LAMEA

Key Market Players:

viessmann
A. O. Smith
BDR Thermea Group
ELNUR S.A
SAV Systems Ltd
Varmebaronen
Vapor Power International
P.M. Lattner Manufacturing Co.
Reimers Electra Steam, Inc.
ECOTHERM Austria GmbH

Product Code: A47275

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
3.5. Market Share Analysis
3.6. Brand Share Analysis
3.7. Value Chain Analysis
3.8. Regulatory Guidelines
3.9. Patent Landscape

CHAPTER 4: ELECTRIC BOILER MARKET, BY PRODUCT TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Hot Water Boilers
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Steam Water Boilers
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country

CHAPTER 5: ELECTRIC BOILER MARKET, BY CATEGORY

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Traditional Electric Boilers
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Smart Electric Boilers
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country

CHAPTER 6: ELECTRIC BOILER MARKET, BY DISTRIBUTION CHANNEL

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Online
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Offline
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country

CHAPTER 7: ELECTRIC BOILER MARKET, BY END-USE

7.1. Overview
- 7.1.1. Market size and forecast
7.2. Residential
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
7.3. Commercial
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
- 7.3.4. Commercial Electric Boiler Market by Commercial
  - 7.3.4.1. Food Processing Market size and forecast, by region
  - 7.3.4.2. Food Processing Market size and forecast, by country
  - 7.3.4.3. Chemical Industries Market size and forecast, by region
  - 7.3.4.4. Chemical Industries Market size and forecast, by country
  - 7.3.4.5. Refineries and Distilleries Market size and forecast, by region
  - 7.3.4.6. Refineries and Distilleries Market size and forecast, by country
  - 7.3.4.7. Healthcare and Pharmaceuticals Market size and forecast, by region
  - 7.3.4.8. Healthcare and Pharmaceuticals Market size and forecast, by country
  - 7.3.4.9. Paper and Textiles Market size and forecast, by region
  - 7.3.4.10. Paper and Textiles Market size and forecast, by country
  - 7.3.4.11. Others Market size and forecast, by region
  - 7.3.4.12. Others Market size and forecast, by country

CHAPTER 8: ELECTRIC BOILER MARKET, BY REGION

8.1. Overview
- 8.1.1. Market size and forecast By Region
8.2. North America
- 8.2.1. Key market trends, growth factors and opportunities
- 8.2.2. Market size and forecast, by Product Type
- 8.2.3. Market size and forecast, by Category
- 8.2.4. Market size and forecast, by Distribution Channel
- 8.2.5. Market size and forecast, by End-use
  - 8.2.5.1. North America Commercial Electric Boiler Market by Commercial
- 8.2.6. Market size and forecast, by country
  - 8.2.6.1. U.S.
  - 8.2.6.1.1. Market size and forecast, by Product Type
  - 8.2.6.1.2. Market size and forecast, by Category
  - 8.2.6.1.3. Market size and forecast, by Distribution Channel
  - 8.2.6.1.4. Market size and forecast, by End-use
  - 8.2.6.1.4.1. U.S. Commercial Electric Boiler Market by Commercial
  - 8.2.6.2. Canada
  - 8.2.6.2.1. Market size and forecast, by Product Type
  - 8.2.6.2.2. Market size and forecast, by Category
  - 8.2.6.2.3. Market size and forecast, by Distribution Channel
  - 8.2.6.2.4. Market size and forecast, by End-use
  - 8.2.6.2.4.1. Canada Commercial Electric Boiler Market by Commercial
  - 8.2.6.3. Mexico
  - 8.2.6.3.1. Market size and forecast, by Product Type
  - 8.2.6.3.2. Market size and forecast, by Category
  - 8.2.6.3.3. Market size and forecast, by Distribution Channel
  - 8.2.6.3.4. Market size and forecast, by End-use
  - 8.2.6.3.4.1. Mexico Commercial Electric Boiler Market by Commercial
8.3. Europe
- 8.3.1. Key market trends, growth factors and opportunities
- 8.3.2. Market size and forecast, by Product Type
- 8.3.3. Market size and forecast, by Category
- 8.3.4. Market size and forecast, by Distribution Channel
- 8.3.5. Market size and forecast, by End-use
  - 8.3.5.1. Europe Commercial Electric Boiler Market by Commercial
- 8.3.6. Market size and forecast, by country
  - 8.3.6.1. Germany
  - 8.3.6.1.1. Market size and forecast, by Product Type
  - 8.3.6.1.2. Market size and forecast, by Category
  - 8.3.6.1.3. Market size and forecast, by Distribution Channel
  - 8.3.6.1.4. Market size and forecast, by End-use
  - 8.3.6.1.4.1. Germany Commercial Electric Boiler Market by Commercial
  - 8.3.6.2. UK
  - 8.3.6.2.1. Market size and forecast, by Product Type
  - 8.3.6.2.2. Market size and forecast, by Category
  - 8.3.6.2.3. Market size and forecast, by Distribution Channel
  - 8.3.6.2.4. Market size and forecast, by End-use
  - 8.3.6.2.4.1. UK Commercial Electric Boiler Market by Commercial
  - 8.3.6.3. France
  - 8.3.6.3.1. Market size and forecast, by Product Type
  - 8.3.6.3.2. Market size and forecast, by Category
  - 8.3.6.3.3. Market size and forecast, by Distribution Channel
  - 8.3.6.3.4. Market size and forecast, by End-use
  - 8.3.6.3.4.1. France Commercial Electric Boiler Market by Commercial
  - 8.3.6.4. Italy
  - 8.3.6.4.1. Market size and forecast, by Product Type
  - 8.3.6.4.2. Market size and forecast, by Category
  - 8.3.6.4.3. Market size and forecast, by Distribution Channel
  - 8.3.6.4.4. Market size and forecast, by End-use
  - 8.3.6.4.4.1. Italy Commercial Electric Boiler Market by Commercial
  - 8.3.6.5. Spain
  - 8.3.6.5.1. Market size and forecast, by Product Type
  - 8.3.6.5.2. Market size and forecast, by Category
  - 8.3.6.5.3. Market size and forecast, by Distribution Channel
  - 8.3.6.5.4. Market size and forecast, by End-use
  - 8.3.6.5.4.1. Spain Commercial Electric Boiler Market by Commercial
  - 8.3.6.6. Rest of Europe
  - 8.3.6.6.1. Market size and forecast, by Product Type
  - 8.3.6.6.2. Market size and forecast, by Category
  - 8.3.6.6.3. Market size and forecast, by Distribution Channel
  - 8.3.6.6.4. Market size and forecast, by End-use
  - 8.3.6.6.4.1. Rest of Europe Commercial Electric Boiler Market by Commercial
8.4. Asia-Pacific
- 8.4.1. Key market trends, growth factors and opportunities
- 8.4.2. Market size and forecast, by Product Type
- 8.4.3. Market size and forecast, by Category
- 8.4.4. Market size and forecast, by Distribution Channel
- 8.4.5. Market size and forecast, by End-use
  - 8.4.5.1. Asia-Pacific Commercial Electric Boiler Market by Commercial
- 8.4.6. Market size and forecast, by country
  - 8.4.6.1. China
  - 8.4.6.1.1. Market size and forecast, by Product Type
  - 8.4.6.1.2. Market size and forecast, by Category
  - 8.4.6.1.3. Market size and forecast, by Distribution Channel
  - 8.4.6.1.4. Market size and forecast, by End-use
  - 8.4.6.1.4.1. China Commercial Electric Boiler Market by Commercial
  - 8.4.6.2. Japan
  - 8.4.6.2.1. Market size and forecast, by Product Type
  - 8.4.6.2.2. Market size and forecast, by Category
  - 8.4.6.2.3. Market size and forecast, by Distribution Channel
  - 8.4.6.2.4. Market size and forecast, by End-use
  - 8.4.6.2.4.1. Japan Commercial Electric Boiler Market by Commercial
  - 8.4.6.3. India
  - 8.4.6.3.1. Market size and forecast, by Product Type
  - 8.4.6.3.2. Market size and forecast, by Category
  - 8.4.6.3.3. Market size and forecast, by Distribution Channel
  - 8.4.6.3.4. Market size and forecast, by End-use
  - 8.4.6.3.4.1. India Commercial Electric Boiler Market by Commercial
  - 8.4.6.4. South Korea
  - 8.4.6.4.1. Market size and forecast, by Product Type
  - 8.4.6.4.2. Market size and forecast, by Category
  - 8.4.6.4.3. Market size and forecast, by Distribution Channel
  - 8.4.6.4.4. Market size and forecast, by End-use
  - 8.4.6.4.4.1. South Korea Commercial Electric Boiler Market by Commercial
  - 8.4.6.5. Australia
  - 8.4.6.5.1. Market size and forecast, by Product Type
  - 8.4.6.5.2. Market size and forecast, by Category
  - 8.4.6.5.3. Market size and forecast, by Distribution Channel
  - 8.4.6.5.4. Market size and forecast, by End-use
  - 8.4.6.5.4.1. Australia Commercial Electric Boiler Market by Commercial
  - 8.4.6.6. Rest of Asia-Pacific
  - 8.4.6.6.1. Market size and forecast, by Product Type
  - 8.4.6.6.2. Market size and forecast, by Category
  - 8.4.6.6.3. Market size and forecast, by Distribution Channel
  - 8.4.6.6.4. Market size and forecast, by End-use
  - 8.4.6.6.4.1. Rest of Asia-Pacific Commercial Electric Boiler Market by Commercial
8.5. LAMEA
- 8.5.1. Key market trends, growth factors and opportunities
- 8.5.2. Market size and forecast, by Product Type
- 8.5.3. Market size and forecast, by Category
- 8.5.4. Market size and forecast, by Distribution Channel
- 8.5.5. Market size and forecast, by End-use
  - 8.5.5.1. LAMEA Commercial Electric Boiler Market by Commercial
- 8.5.6. Market size and forecast, by country
  - 8.5.6.1. Brazil
  - 8.5.6.1.1. Market size and forecast, by Product Type
  - 8.5.6.1.2. Market size and forecast, by Category
  - 8.5.6.1.3. Market size and forecast, by Distribution Channel
  - 8.5.6.1.4. Market size and forecast, by End-use
  - 8.5.6.1.4.1. Brazil Commercial Electric Boiler Market by Commercial
  - 8.5.6.2. UAE
  - 8.5.6.2.1. Market size and forecast, by Product Type
  - 8.5.6.2.2. Market size and forecast, by Category
  - 8.5.6.2.3. Market size and forecast, by Distribution Channel
  - 8.5.6.2.4. Market size and forecast, by End-use
  - 8.5.6.2.4.1. UAE Commercial Electric Boiler Market by Commercial
  - 8.5.6.3. Saudi Arabia
  - 8.5.6.3.1. Market size and forecast, by Product Type
  - 8.5.6.3.2. Market size and forecast, by Category
  - 8.5.6.3.3. Market size and forecast, by Distribution Channel
  - 8.5.6.3.4. Market size and forecast, by End-use
  - 8.5.6.3.4.1. Saudi Arabia Commercial Electric Boiler Market by Commercial
  - 8.5.6.4. South Africa
  - 8.5.6.4.1. Market size and forecast, by Product Type
  - 8.5.6.4.2. Market size and forecast, by Category
  - 8.5.6.4.3. Market size and forecast, by Distribution Channel
  - 8.5.6.4.4. Market size and forecast, by End-use
  - 8.5.6.4.4.1. South Africa Commercial Electric Boiler Market by Commercial
  - 8.5.6.5. Rest of LAMEA
  - 8.5.6.5.1. Market size and forecast, by Product Type
  - 8.5.6.5.2. Market size and forecast, by Category
  - 8.5.6.5.3. Market size and forecast, by Distribution Channel
  - 8.5.6.5.4. Market size and forecast, by End-use
  - 8.5.6.5.4.1. Rest of LAMEA Commercial Electric Boiler Market by Commercial

CHAPTER 9: COMPETITIVE LANDSCAPE

9.1. Introduction
9.2. Top winning strategies
9.3. Product mapping of top 10 player
9.4. Competitive dashboard
9.5. Competitive heatmap
9.6. Top player positioning, 2022

CHAPTER 10: COMPANY PROFILES

10.1. viessmann
- 10.1.1. Company overview
- 10.1.2. Key executives
- 10.1.3. Company snapshot
10.2. A. O. Smith
- 10.2.1. Company overview
- 10.2.2. Key executives
- 10.2.3. Company snapshot
10.3. BDR Thermea Group
- 10.3.1. Company overview
- 10.3.2. Key executives
- 10.3.3. Company snapshot
10.4. ELNUR S.A
- 10.4.1. Company overview
- 10.4.2. Key executives
- 10.4.3. Company snapshot
10.5. SAV Systems Ltd
- 10.5.1. Company overview
- 10.5.2. Key executives
- 10.5.3. Company snapshot
10.6. Varmebaronen
- 10.6.1. Company overview
- 10.6.2. Key executives
- 10.6.3. Company snapshot
10.7. Vapor Power International
- 10.7.1. Company overview
- 10.7.2. Key executives
- 10.7.3. Company snapshot
10.8. P.M. Lattner Manufacturing Co.
- 10.8.1. Company overview
- 10.8.2. Key executives
- 10.8.3. Company snapshot
10.9. Reimers Electra Steam, Inc.
- 10.9.1. Company overview
- 10.9.2. Key executives
- 10.9.3. Company snapshot
10.10. ECOTHERM Austria GmbH
- 10.10.1. Company overview
- 10.10.2. Key executives
- 10.10.3. Company snapshot