Europe Industrial Boiler Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
Europe Industrial Boiler Market reached USD 2.5 billion in 2024 and is anticipated to expand at a CAGR of 3.5% from 2025 to 2034. This growth is driven by stringent government regulations targeting climate change mitigation and greenhouse gas reduction, coupled with increasing investments in economic development. The rising demand for advanced heating systems and the focus on expanding industrial infrastructure further amplify market growth.
Industrial boilers, designed to produce steam or hot water for various heating applications, are witnessing heightened demand due to the push for energy-efficient technologies that adhere to environmental standards. The shift from conventional heating systems to modern, high-performance solutions is a key factor supporting this growth. Additionally, the rising need for steam and heat across numerous industries, along with advancements in boiler technology, continues to strengthen the market outlook.
The water tube boiler segment is expected to exceed USD 2 billion by 2034, as these systems offer enhanced operational safety and low maintenance. Their design, which involves the circulation of steam or water through tubes surrounded by heated gases, ensures efficient heat transfer. Increased adoption of these energy-efficient systems in industrial facilities is promoting product uptake. Investments aimed at enhancing heating capabilities and replacing outdated systems with high-capacity boilers are further driving market expansion.
The food processing segment within the industrial boiler market is anticipated to grow at a CAGR of approximately 4% through 2034. The rising popularity of processed foods, combined with higher disposable incomes, is boosting demand for innovative and sustainable boiler systems. The integration of digital solutions in heating operations and the focus on creating reliable, efficient designs contribute to the sector's development.
Germany is poised to dominate the regional market, with its industrial boiler sector projected to surpass USD 800 million by 2034. Factors such as increased industrial investments and advancements in boiler technology are fostering market growth. The demand for cost-effective and high-capacity heating solutions further bolsters the adoption as traditional systems are increasingly replaced by modern, efficient units.
In the UK, growing infrastructure investments to expand industrial capabilities and support clean energy solutions are driving the demand for industrial boilers. Favorable policies and increasing awareness about energy efficiency contribute to a positive market outlook, reinforcing the shift toward advanced heating systems across the region.
Industrial boilers, designed to produce steam or hot water for various heating applications, are witnessing heightened demand due to the push for energy-efficient technologies that adhere to environmental standards. The shift from conventional heating systems to modern, high-performance solutions is a key factor supporting this growth. Additionally, the rising need for steam and heat across numerous industries, along with advancements in boiler technology, continues to strengthen the market outlook.
The water tube boiler segment is expected to exceed USD 2 billion by 2034, as these systems offer enhanced operational safety and low maintenance. Their design, which involves the circulation of steam or water through tubes surrounded by heated gases, ensures efficient heat transfer. Increased adoption of these energy-efficient systems in industrial facilities is promoting product uptake. Investments aimed at enhancing heating capabilities and replacing outdated systems with high-capacity boilers are further driving market expansion.
The food processing segment within the industrial boiler market is anticipated to grow at a CAGR of approximately 4% through 2034. The rising popularity of processed foods, combined with higher disposable incomes, is boosting demand for innovative and sustainable boiler systems. The integration of digital solutions in heating operations and the focus on creating reliable, efficient designs contribute to the sector's development.
Germany is poised to dominate the regional market, with its industrial boiler sector projected to surpass USD 800 million by 2034. Factors such as increased industrial investments and advancements in boiler technology are fostering market growth. The demand for cost-effective and high-capacity heating solutions further bolsters the adoption as traditional systems are increasingly replaced by modern, efficient units.
In the UK, growing infrastructure investments to expand industrial capabilities and support clean energy solutions are driving the demand for industrial boilers. Favorable policies and increasing awareness about energy efficiency contribute to a positive market outlook, reinforcing the shift toward advanced heating systems across the region.
Report Content
CHAPTER 1 METHODOLOGY & SCOPE
1.1 Market scope & definitions
1.2 Market estimates & forecast parameters
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid
1.4.2.2 Public
CHAPTER 2 INDUSTRY INSIGHTS
2.1 Industry ecosystem analysis
2.2 Regulatory landscape
2.3 Industry impact forces
2.3.1 Growth drivers
2.3.2 Industry pitfalls & challenges
2.4 Growth potential analysis
2.5 Porter's analysis
2.5.1 Bargaining power of suppliers
2.5.2 Bargaining power of buyers
2.5.3 Threat of new entrants
2.5.4 Threat of substitutes
2.6 PESTEL analysis
CHAPTER 3 COMPETITIVE LANDSCAPE, 2024
3.1 Introduction
3.2 Strategic outlook
3.3 Innovation & sustainability landscape
CHAPTER 4 MARKET SIZE AND FORECAST, BY PRODUCT, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
4.1 Key trends
4.2 Fire-tube
4.2.1 By capacity
4.2.1.1 < 10 MMBtu/hr
4.2.1.2 10 - 25 MMBtu/hr
4.2.1.3 25 - 50 MMBtu/hr
4.2.1.4 50 - 75 MMBtu/hr
4.2.1.5 75 - 100 MMBtu/hr
4.2.1.6 100 - 175 MMBtu/hr
4.2.1.7 175 - 250 MMBtu/hr
4.2.1.8 > 250 MMBtu/hr
4.2.2 By application
4.2.2.1 Food processing
4.2.2.2 Pulp & paper
4.2.2.3 Chemical
4.2.2.4 Refinery
4.2.2.5 Primary metal
4.2.2.6 Others
4.2.3 By technology
4.2.3.1 Condensing
4.2.3.2 Non-condensing
4.2.4 By fuel
4.2.4.1 Natural gas
4.2.4.2 Oil
4.2.4.3 Coal
4.2.4.4 Others
4.3 Water-tube
4.3.1 By capacity
4.3.1.1 < 10 MMBtu/hr
4.3.1.2 10 - 25 MMBtu/hr
4.3.1.3 25 - 50 MMBtu/hr
4.3.1.4 50 - 75 MMBtu/hr
4.3.1.5 75 - 100 MMBtu/hr
4.3.1.6 100 - 175 MMBtu/hr
4.3.1.7 175 - 250 MMBtu/hr
4.3.1.8 > 250 MMBtu/hr
4.3.2 By application
4.3.2.1 Food processing
4.3.2.2 Pulp & paper
4.3.2.3 Chemical
4.3.2.4 Refinery
4.3.2.5 Primary metal
4.3.2.6 Others
4.3.3 By technology
4.3.3.1 Condensing
4.3.3.2 Non-condensing
4.3.4 By fuel
4.3.4.1 Natural gas
4.3.4.2 Oil
4.3.4.3 Coal
4.3.4.4 Others
CHAPTER 5 MARKET SIZE AND FORECAST, BY CAPACITY, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
5.1 Key trends
5.2 < 10 MMBtu/hr
5.3 10 - 25 MMBtu/hr
5.4 25 - 50 MMBtu/hr
5.5 50 - 75 MMBtu/hr
5.6 75 - 100 MMBtu/hr
5.7 100 - 175 MMBtu/hr
5.8 175 - 250 MMBtu/hr
5.9 > 250 MMBtu/hr
CHAPTER 6 MARKET SIZE AND FORECAST, BY APPLICATION, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
6.1 Key trends
6.2 Food processing
6.3 Pulp & paper
6.4 Chemical
6.5 Refinery
6.6 Primary metal
6.7 Others
CHAPTER 7 MARKET SIZE AND FORECAST, BY FUEL, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
7.1 Key trends
7.2 Natural gas
7.3 Oil
7.4 Coal
7.5 Others
CHAPTER 8 MARKET SIZE AND FORECAST, BY TECHNOLOGY, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
8.1 Key trends
8.2 Condensing
8.3 Non-condensing
CHAPTER 9 MARKET SIZE AND FORECAST, BY COUNTRY, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
9.1 Key trends
9.2 France
9.3 UK
9.4 Poland
9.5 Italy
9.6 Spain
9.7 Austria
9.8 Germany
9.9 Sweden
9.10 Russia
CHAPTER 10 COMPANY PROFILES
10.1 Babcock & Wilcox
10.2 Bosch Industriekessel
10.3 Clayton Industries
10.4 Cochran
10.5 Doosan
10.6 FERROLI
10.7 Forbes Marshall
10.8 Fulton
10.9 Hoval
10.10 Hurst Boiler & Welding
10.11 IHI
10.12 John Cockerill
10.13 John Wood Group
10.14 Miura America
10.15 Mitsubishi Heavy Industries
10.16 Rentech Boilers
10.17 Thermax
10.18 Viessmann
CHAPTER 1 METHODOLOGY & SCOPE
1.1 Market scope & definitions
1.2 Market estimates & forecast parameters
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid
1.4.2.2 Public
CHAPTER 2 INDUSTRY INSIGHTS
2.1 Industry ecosystem analysis
2.2 Regulatory landscape
2.3 Industry impact forces
2.3.1 Growth drivers
2.3.2 Industry pitfalls & challenges
2.4 Growth potential analysis
2.5 Porter's analysis
2.5.1 Bargaining power of suppliers
2.5.2 Bargaining power of buyers
2.5.3 Threat of new entrants
2.5.4 Threat of substitutes
2.6 PESTEL analysis
CHAPTER 3 COMPETITIVE LANDSCAPE, 2024
3.1 Introduction
3.2 Strategic outlook
3.3 Innovation & sustainability landscape
CHAPTER 4 MARKET SIZE AND FORECAST, BY PRODUCT, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
4.1 Key trends
4.2 Fire-tube
4.2.1 By capacity
4.2.1.1 < 10 MMBtu/hr
4.2.1.2 10 - 25 MMBtu/hr
4.2.1.3 25 - 50 MMBtu/hr
4.2.1.4 50 - 75 MMBtu/hr
4.2.1.5 75 - 100 MMBtu/hr
4.2.1.6 100 - 175 MMBtu/hr
4.2.1.7 175 - 250 MMBtu/hr
4.2.1.8 > 250 MMBtu/hr
4.2.2 By application
4.2.2.1 Food processing
4.2.2.2 Pulp & paper
4.2.2.3 Chemical
4.2.2.4 Refinery
4.2.2.5 Primary metal
4.2.2.6 Others
4.2.3 By technology
4.2.3.1 Condensing
4.2.3.2 Non-condensing
4.2.4 By fuel
4.2.4.1 Natural gas
4.2.4.2 Oil
4.2.4.3 Coal
4.2.4.4 Others
4.3 Water-tube
4.3.1 By capacity
4.3.1.1 < 10 MMBtu/hr
4.3.1.2 10 - 25 MMBtu/hr
4.3.1.3 25 - 50 MMBtu/hr
4.3.1.4 50 - 75 MMBtu/hr
4.3.1.5 75 - 100 MMBtu/hr
4.3.1.6 100 - 175 MMBtu/hr
4.3.1.7 175 - 250 MMBtu/hr
4.3.1.8 > 250 MMBtu/hr
4.3.2 By application
4.3.2.1 Food processing
4.3.2.2 Pulp & paper
4.3.2.3 Chemical
4.3.2.4 Refinery
4.3.2.5 Primary metal
4.3.2.6 Others
4.3.3 By technology
4.3.3.1 Condensing
4.3.3.2 Non-condensing
4.3.4 By fuel
4.3.4.1 Natural gas
4.3.4.2 Oil
4.3.4.3 Coal
4.3.4.4 Others
CHAPTER 5 MARKET SIZE AND FORECAST, BY CAPACITY, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
5.1 Key trends
5.2 < 10 MMBtu/hr
5.3 10 - 25 MMBtu/hr
5.4 25 - 50 MMBtu/hr
5.5 50 - 75 MMBtu/hr
5.6 75 - 100 MMBtu/hr
5.7 100 - 175 MMBtu/hr
5.8 175 - 250 MMBtu/hr
5.9 > 250 MMBtu/hr
CHAPTER 6 MARKET SIZE AND FORECAST, BY APPLICATION, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
6.1 Key trends
6.2 Food processing
6.3 Pulp & paper
6.4 Chemical
6.5 Refinery
6.6 Primary metal
6.7 Others
CHAPTER 7 MARKET SIZE AND FORECAST, BY FUEL, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
7.1 Key trends
7.2 Natural gas
7.3 Oil
7.4 Coal
7.5 Others
CHAPTER 8 MARKET SIZE AND FORECAST, BY TECHNOLOGY, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
8.1 Key trends
8.2 Condensing
8.3 Non-condensing
CHAPTER 9 MARKET SIZE AND FORECAST, BY COUNTRY, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
9.1 Key trends
9.2 France
9.3 UK
9.4 Poland
9.5 Italy
9.6 Spain
9.7 Austria
9.8 Germany
9.9 Sweden
9.10 Russia
CHAPTER 10 COMPANY PROFILES
10.1 Babcock & Wilcox
10.2 Bosch Industriekessel
10.3 Clayton Industries
10.4 Cochran
10.5 Doosan
10.6 FERROLI
10.7 Forbes Marshall
10.8 Fulton
10.9 Hoval
10.10 Hurst Boiler & Welding
10.11 IHI
10.12 John Cockerill
10.13 John Wood Group
10.14 Miura America
10.15 Mitsubishi Heavy Industries
10.16 Rentech Boilers
10.17 Thermax
10.18 Viessmann
