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    US Industrial Boilers Market

    ID: MRFR/E&P/14743-HCR
    100 Pages
    Garvit Vyas
    October 2025

    US Industrial Boilers Market Research Report By Fuel (Natural Gas, Coal, Oil, Others), By Boiler type (Fire-Tube, Water-Tube), By Rated Capacity (0.1 to 0.35 MW, 0.35 to 0.7 MW, 0.7 MW to 1 MW) and By End-User (Food & Beverages, Chemicals, Metal, Plastic, Textile, Wood, Paper, District heating, Others) - Forecast to 2035

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    US Industrial Boilers Market Infographic
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    US Industrial Boilers Market Summary

    As per MRFR analysis, the US industrial boilers market Size was estimated at 1000.46 USD Million in 2024. The US industrial boilers market is projected to grow from 1107.81 USD Million in 2025 to 3069.86 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 10.73% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US industrial boilers market is experiencing a transformative shift driven by technological advancements and sustainability initiatives.

    • Technological advancements are enhancing the efficiency and performance of industrial boilers across various sectors.
    • The shift towards alternative fuels is gaining momentum, particularly in the largest segment of the market, which is the utility sector.
    • Regulatory compliance and sustainability efforts are becoming increasingly critical, especially in the fastest-growing segment, which is the food and beverage industry.
    • Rising energy costs and stringent environmental regulations are key drivers propelling the demand for innovative boiler solutions.

    Market Size & Forecast

    2024 Market Size 1000.46 (USD Million)
    2035 Market Size 3069.86 (USD Million)

    Major Players

    Bosch (DE), General Electric (US), Siemens (DE), Fulton (US), Mitsubishi (JP), Babcock & Wilcox (US), Cleaver-Brooks (US), Thermo Dynamics (US)

    US Industrial Boilers Market Trends

    The industrial boilers market is currently experiencing a dynamic phase characterized by evolving technologies and increasing regulatory pressures. As industries strive for greater efficiency and sustainability, the demand for advanced boiler systems is on the rise. This shift is driven by the need to reduce emissions and enhance energy efficiency, aligning with national goals for environmental protection. Furthermore, the integration of smart technologies into boiler systems is becoming more prevalent, allowing for improved monitoring and control. This trend not only optimizes performance but also contributes to cost savings for operators. In addition, the industrial boilers market is witnessing a growing emphasis on alternative fuels. As traditional fossil fuels face scrutiny, there is a noticeable shift towards biomass, biogas, and other renewable energy sources. This transition is supported by government incentives and initiatives aimed at promoting cleaner energy solutions. Consequently, manufacturers are adapting their offerings to accommodate these changes, ensuring compliance with stringent regulations while meeting the diverse needs of various industries. Overall, the industrial boilers market appears poised for continued growth, driven by innovation and a commitment to sustainability.

    Technological Advancements

    The industrial boilers market is seeing rapid technological advancements that enhance efficiency and performance. Innovations such as automated controls and real-time monitoring systems are becoming standard, allowing operators to optimize energy use and reduce operational costs. These advancements not only improve reliability but also facilitate compliance with environmental regulations.

    Shift Towards Alternative Fuels

    There is a notable shift towards the use of alternative fuels within the industrial boilers market. As industries seek to lower their carbon footprints, fuels such as biomass and biogas are gaining traction. This trend is supported by government policies that encourage the adoption of renewable energy sources, prompting manufacturers to develop compatible boiler systems.

    Regulatory Compliance and Sustainability

    Regulatory compliance is increasingly influencing the industrial boilers market. Stricter emissions standards are driving companies to invest in cleaner technologies. This focus on sustainability is not only a response to regulations but also reflects a broader commitment to environmental stewardship, shaping product development and market strategies.

    US Industrial Boilers Market Drivers

    Rising Energy Costs

    The industrial boilers market is experiencing a notable impact from the rising energy costs in the United States. As energy prices continue to escalate, industries are compelled to seek more efficient boiler systems that can reduce operational expenses. This trend is particularly evident in sectors such as manufacturing and food processing, where energy consumption is substantial. The demand for high-efficiency boilers, which can operate at efficiency levels exceeding 90%, is likely to increase as companies aim to mitigate the financial burden of energy expenditures. Furthermore, the industrial boilers market is projected to grow as businesses invest in advanced technologies that enhance energy efficiency, thereby reducing overall costs and improving profitability.

    Environmental Regulations

    The industrial boilers market is significantly shaped by the stringent environmental regulations imposed by federal and state authorities in the United States. These regulations aim to reduce emissions and promote cleaner technologies, compelling industries to adopt more environmentally friendly boiler systems. For instance, the implementation of the Clean Air Act has led to the necessity for boilers to comply with specific emission standards, driving the demand for low-emission and high-efficiency boilers. As industries seek to align with these regulations, the market is likely to see an increase in the adoption of advanced technologies that minimize environmental impact, thereby fostering growth in the industrial boilers market.

    Investment in Infrastructure

    The industrial boilers market is poised for growth due to the ongoing investment in infrastructure across the United States. As the government and private sectors allocate funds for upgrading and expanding industrial facilities, the demand for reliable and efficient boiler systems is expected to rise. This investment is particularly evident in sectors such as energy, water treatment, and manufacturing, where modernized infrastructure necessitates advanced heating solutions. The industrial boilers market is likely to benefit from this trend, as companies seek to enhance their operational capabilities and ensure compliance with evolving industry standards. Consequently, the market may experience a robust increase in new installations and retrofitting of existing systems.

    Focus on Process Optimization

    The industrial boilers market is increasingly influenced by the focus on process optimization within various industries. Companies are recognizing the importance of integrating advanced boiler systems that not only enhance efficiency but also improve overall operational performance. This trend is particularly relevant in sectors such as petrochemicals and textiles, where precise temperature control and steam generation are critical. By adopting state-of-the-art boiler technologies, businesses can achieve significant reductions in energy consumption, potentially lowering costs by up to 20%. As industries strive for greater efficiency and productivity, the industrial boilers market is expected to witness a surge in demand for innovative solutions that facilitate process optimization.

    Increased Industrial Production

    The industrial boilers market is benefiting from the resurgence in industrial production across various sectors in the United States. As manufacturing activities ramp up, the demand for steam and hot water generation rises, driving the need for reliable boiler systems. According to recent data, the manufacturing sector has seen a growth rate of approximately 4% annually, which correlates with an increased requirement for industrial boilers. This growth is particularly pronounced in industries such as chemicals, pharmaceuticals, and food processing, where consistent and efficient heating solutions are essential. Consequently, the industrial boilers market is likely to expand as manufacturers invest in new boiler installations and upgrades to meet production demands.

    Market Segment Insights

    By Boiler type: Natural Gas (Largest) vs. Coal (Fastest-Growing)

    In the US industrial boilers market, the segment values reveal a competitive landscape where Natural Gas dominates with a significant share of the market, followed by Coal, Oil, and Others. Natural Gas is primarily favored for its efficiency and lower emissions, making it the prevalent choice among industries. Coal, despite its environmental challenges, remains a crucial player as several sectors still depend on it for high-output energy requirements. The Others category includes emerging alternative fuels that are gradually gaining traction in niche markets. The growth trends indicate a shift towards Natural Gas as the preferred source, spurred by regulatory support and the push for cleaner energy solutions. However, Coal is experiencing a resurgence in certain regions due to changes in energy policies and market dynamics that favor its use. Additionally, advancements in technology are enabling cleaner coal combustion, allowing it to compete effectively in the market. The ongoing transition towards sustainable energy practices is likely to impact these dynamics significantly in the coming years.

    Natural Gas (Dominant) vs. Coal (Emerging)

    Natural Gas stands out in the US industrial boilers market as the dominant fuel, appreciated for its high efficiency and low environmental impact. Its widespread adoption is driven by stringent regulations on emissions and a concerted effort by industries to transition to cleaner energy sources. In contrast, Coal, while labeled as emerging, maintains a significant portion of the market due to its cost-effectiveness and the ability to provide high thermal output. As infrastructure evolves, Coal is incorporating cleaner technologies, allowing it to meet compliance standards while still being a crucial energy source for heavy industries. Together, these fuels shape the future landscape of energy consumption in industrial applications.

    By Rated Capacity: 0.35 to 0.7 MW (Largest) vs. 0.1 to 0.35 MW (Fastest-Growing)

    The distribution of market share among the rated capacity segments reflects a competitive landscape. The 0.35 to 0.7 MW range holds the largest share due to its widespread application across various industries. Following closely, the 0.1 to 0.35 MW segment is gaining traction as more companies adopt energy-efficient solutions tailored for smaller operations. The 0.7 to 1 MW segment, while significant, occupies a smaller niche focused on larger-scale industries requiring robust thermal solutions. Growth trends in the rated capacity segments reveal increasing demand for high-efficiency boilers. As energy costs rise and environmental regulations tighten, industries are looking towards the 0.1 to 0.35 MW range for innovative solutions that minimize waste and optimize energy usage. Additionally, the 0.35 to 0.7 MW capacity remains a stable choice for medium-sized enterprises, while the 0.7 to 1 MW capacity is experiencing gradual growth driven by specific industry requirements.

    0.35 to 0.7 MW (Dominant) vs. 0.1 to 0.35 MW (Emerging)

    The 0.35 to 0.7 MW segment stands out as a dominant force in the US industrial boilers market, favored for its versatility and efficiency. This capacity range meets the needs of a variety of sectors, including manufacturing and food processing, where reliable steam and heating solutions are crucial. Its established presence signifies strong adoption across industries, creating a stable revenue stream. Conversely, the 0.1 to 0.35 MW segment is emerging rapidly, driven by the trend toward compact, energy-efficient boilers designed for smaller applications. By leveraging technology and innovative design, this segment caters to businesses focused on sustainability and reduced energy consumption, making it a critical player in the ongoing evolution of boiler technology.

    By Temperature: Medium (Largest) vs. High (Fastest-Growing)

    In the US industrial boilers market, the temperature segment is characterized by three primary categories: Low, Medium, and High. Currently, the Medium temperature segment holds the largest market share, driven by its versatility and common applications in various industries. In contrast, the High temperature segment is witnessing significant growth, appealing to sectors requiring extreme heat for processes, thus carving out its niche in the market. The growth trends within this segment are influenced by the increasing demand for efficiency and sustainability among industrial operations. The High temperature segment is becoming the fastest-growing due to advancements in technology that enhance performance and reduce emissions. As industries strive for compliance with stringent regulations, the High temperature category is expected to attract more investments, further solidifying its growth trajectory in the US industrial boilers market.

    Medium: Dominant vs. High: Emerging

    The Medium temperature segment is the dominant player in the US industrial boilers market, catering to a broad spectrum of applications, including food processing, textiles, and chemicals. Its balanced output makes it a preferred choice for operators seeking reliable performance without excessive energy consumption. Conversely, the High temperature segment, while currently less established, is emerging rapidly as industries transform their operations to accommodate higher thermal demands. This segment is characterized by its ability to provide the necessary heat for processes such as oil refining and power generation, making it essential for specialized industrial applications. As the demand for high-efficiency systems scales, both segments are poised for continued relevance and evolution in the market.

    By End User: Chemical (Largest) vs. Food & Beverages (Fastest-Growing)

    In the US industrial boilers market, the chemical segment holds the largest share, driven by the demand for effective thermal energy solutions in chemical manufacturing processes. Following closely, the food and beverages segment is witnessing rapid growth as producers seek efficient heating solutions to enhance production capacity and maintain quality standards. Other notable segments include metal, plastics, textile, wood, paper, district heating, and various others, contributing to a diverse market landscape. The growth trends in the end user segment are largely influenced by technological advancements and regulatory frameworks aimed at reducing emissions. The chemical industry benefits from established infrastructure and consistent demand, while the food and beverages sector is rapidly evolving due to increased consumer demand for processed foods. Furthermore, sustainability trends are encouraging operators across all segments to adopt cleaner, more efficient boiler technologies to comply with environmental regulations and improve operational efficiency.

    Chemical (Dominant) vs. Food & Beverages (Emerging)

    The chemical segment in the US industrial boilers market stands out as the dominant player, characterized by large-scale operations that require significant thermal energy for various processes. This segment thrives on its ability to leverage advanced boiler technologies that optimize energy consumption and reduce emissions, allowing chemical manufacturers to meet stringent regulatory standards. In contrast, the food and beverages segment is an emerging segment that is adapting rapidly to market needs, focusing on efficiency and sustainability. This sector is increasingly investing in new boiler systems that cater to the unique needs of food production, highlighting its potential for growth as consumer preferences shift towards health and sustainability.

    Get more detailed insights about US Industrial Boilers Market

    Key Players and Competitive Insights

    The industrial boilers market is currently characterized by a competitive landscape that is both dynamic and multifaceted. Key growth drivers include the increasing demand for energy-efficient solutions, stringent environmental regulations, and the ongoing transition towards sustainable energy sources. Major players such as General Electric (US), Cleaver-Brooks (US), and Babcock & Wilcox (US) are strategically positioned to leverage these trends. General Electric (US) focuses on innovation and digital transformation, enhancing its product offerings with advanced monitoring and control systems. Cleaver-Brooks (US) emphasizes partnerships and collaborations to expand its market reach, while Babcock & Wilcox (US) is actively pursuing mergers and acquisitions to bolster its technological capabilities and operational scale. Collectively, these strategies contribute to a competitive environment that is increasingly oriented towards sustainability and technological advancement.

    In terms of business tactics, companies are localizing manufacturing to reduce lead times and optimize supply chains, which is particularly crucial in a market that is moderately fragmented. This fragmentation allows for a diverse range of players, each with unique strengths, to coexist and compete effectively. The collective influence of these key players shapes market dynamics, as they strive to differentiate themselves through innovation and customer-centric solutions.

    In October 2025, General Electric (US) announced a strategic partnership with a leading renewable energy firm to develop hybrid boiler systems that integrate traditional and renewable energy sources. This move is significant as it positions General Electric (US) at the forefront of the transition towards cleaner energy solutions, potentially enhancing its market share in a rapidly evolving landscape. The collaboration is expected to yield innovative products that meet the growing demand for sustainable energy solutions.

    In September 2025, Cleaver-Brooks (US) launched a new line of high-efficiency boilers designed to meet the latest environmental standards. This product introduction not only reflects the company's commitment to sustainability but also addresses the increasing regulatory pressures faced by industrial operators. By offering advanced technology that reduces emissions, Cleaver-Brooks (US) strengthens its competitive position and appeals to environmentally conscious customers.

    In August 2025, Babcock & Wilcox (US) completed the acquisition of a technology firm specializing in AI-driven boiler optimization solutions. This acquisition is pivotal as it enhances Babcock & Wilcox's (US) capabilities in digitalization, allowing for improved operational efficiency and reduced downtime for clients. The integration of AI technology into their offerings is likely to set a new standard in the industry, further differentiating the company from its competitors.

    As of November 2025, current competitive trends are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming more prevalent, as companies recognize the need to collaborate in order to innovate and meet evolving market demands. Looking ahead, competitive differentiation is expected to shift from traditional price-based competition to a focus on innovation, technological advancement, and supply chain reliability. This evolution suggests that companies that prioritize these aspects will likely emerge as leaders in the industrial boilers market.

    Key Companies in the US Industrial Boilers Market market include

    Industry Developments

    The US Industrial Boilers Market has seen significant developments recently, including advancements in efficiency and sustainability measures among key players such as Hurst Boiler and General Electric. In July 2023, Babcock and Wilcox announced strategic partnerships aimed at enhancing their green technology portfolio, reflecting an industry shift towards eco-friendly solutions. Additionally, in June 2023, Honeywell unveiled a smart control system designed for improving boiler performance and energy management, catering to the increasing demand for operational optimization.

    The market's growth is also influenced by ongoing infrastructural investments and regulatory enhancements focused on emissions reductions. Notably, in August 2023, Siemens expanded its product line for industrial boilers, emphasizing innovative designs in line with emission standards. The market saw substantial mergers and acquisitions, with AC Boilers acquiring certain assets from Midland Machinery in September 2023 to bolster their market presence. The US Industrial Boilers Market remains competitive, with continuous technological advancements and a focus on sustainability driving the industry forward. These developments are shaping the sector's landscape, promising increased efficiency and compliance with environmental regulations.

    Future Outlook

    US Industrial Boilers Market Future Outlook

    The industrial boilers market is projected to grow at a 10.73% CAGR from 2024 to 2035, driven by increasing energy efficiency demands and regulatory support.

    New opportunities lie in:

    • Development of advanced combustion technologies for reduced emissions
    • Integration of IoT for real-time monitoring and predictive maintenance
    • Expansion into renewable energy boiler solutions for diverse applications

    By 2035, the market is expected to achieve robust growth, driven by innovation and sustainability initiatives.

    Market Segmentation

    US Industrial Boilers Market End User Outlook

    • Chemical
    • Food & Beverages
    • Metal
    • Plastics
    • Textile
    • Wood
    • Paper
    • District Heating
    • Others

    US Industrial Boilers Market Boiler type Outlook

    • Natural Gas
    • Coal
    • Oil
    • Others

    US Industrial Boilers Market Temperature Outlook

    • Low
    • Medium
    • High

    US Industrial Boilers Market Rated Capacity Outlook

    • 0.1 to 0.35 MW
    • 0.35 to 0.7 MW
    • 0.7 to 1 MW

    Report Scope

    MARKET SIZE 20241000.46(USD Million)
    MARKET SIZE 20251107.81(USD Million)
    MARKET SIZE 20353069.86(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR)10.73% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Million
    Key Companies Profiled["Bosch (DE)", "General Electric (US)", "Siemens (DE)", "Fulton (US)", "Mitsubishi (JP)", "Babcock & Wilcox (US)", "Cleaver-Brooks (US)", "Thermo Dynamics (US)"]
    Segments CoveredBoiler type, Rated Capacity, Temperature, End User
    Key Market OpportunitiesAdoption of advanced energy-efficient technologies in the industrial boilers market enhances sustainability and operational efficiency.
    Key Market DynamicsRising regulatory pressures drive innovation and efficiency in the industrial boilers market, reshaping competitive dynamics.
    Countries CoveredUS

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    FAQs

    What is the expected market size of the US Industrial Boilers Market in 2024?

    The US Industrial Boilers Market is expected to be valued at 750.0 million USD in 2024.

    What is the projected market value of the US Industrial Boilers Market by 2035?

    By 2035, the US Industrial Boilers Market is expected to increase to 2500.0 million USD.

    What is the expected CAGR for the US Industrial Boilers Market from 2025 to 2035?

    The expected CAGR for the US Industrial Boilers Market from 2025 to 2035 is 11.567%.

    Which fuel segments dominate the US Industrial Boilers Market?

    Natural gas, coal, and oil are the key fuel segments in the US Industrial Boilers Market.

    What is the market value of the Natural Gas segment in 2024?

    The market value of the Natural Gas segment in the US Industrial Boilers Market is projected to be 300.0 million USD in 2024.

    What market value is projected for the Coal segment of the US Industrial Boilers Market by 2035?

    The Coal segment is expected to grow to a market value of 600.0 million USD by 2035.

    Who are some major players in the US Industrial Boilers Market?

    Major players include Hurst Boiler, General Electric, Siemens, and CleaverBrooks among others.

    What is the projected market value of the Oil segment in the US Industrial Boilers Market in 2024?

    The Oil segment is expected to have a market value of 150.0 million USD in 2024.

    What opportunities are driving the growth of the US Industrial Boilers Market?

    The increasing demand for energy-efficient systems and technological advancements are driving the market growth.

    How does the market size of 'Others' fuel category compare in 2024 and 2035?

    The 'Others' fuel category is valued at 100.0 million USD in 2024 and projected to reach 400.0 million USD by 2035.

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