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    US Industrial Boilers Market

    ID: MRFR/E&P/14743-HCR
    100 Pages
    Garvit Vyas
    September 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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    Table of Contents

    US Industrial Boilers Market Summary

    The US Industrial Boilers market is projected to grow significantly from 750 USD Million in 2024 to 2500 USD Million by 2035.

    Key Market Trends & Highlights

    US Industrial Boilers Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 11.57 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 2500 USD Million, indicating robust growth opportunities.
    • In 2024, the market is valued at 750 USD Million, reflecting a strong foundation for future expansion.
    • Growing adoption of energy-efficient technologies due to increasing environmental regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 750 (USD Million)
    2035 Market Size 2500 (USD Million)
    CAGR (2025-2035) 11.57%

    Major Players

    Hurst Boiler, Alstom, Midland Machinery, Honeywell, General Electric, Texas Boilers, Babcock and Wilcox, Siemens, AC Boilers, Atlas Copco, Burnham Holdings, CleaverBrooks, Superior Boiler Works, Foster Wheeler, Mitsubishi Power

    US Industrial Boilers Market Trends

    This transition not only enhances operational efficiency but also allows companies to respond quickly to possible failures, reducing downtime and operational costs. Recently, innovation in boiler design is becoming a focal point as companies seek to improve thermal efficiency and reduce fuel consumption. Modular and compact boilers are gaining traction, especially in industries with space constraints.Additionally, as many US states implement stricter energy norms, there is a growing trend of retrofitting existing boilers to comply with new regulations without the need for complete replacements.

    The combination of these trends illustrates a robust evolution in the US Industrial Boilers Market, reflecting a commitment to sustainable industrial practices and advanced technological integration.

    US Industrial Boilers Market Drivers

    Market Segment Insights

    US Industrial Boilers Market Segment Insights:

    US Industrial Boilers Market Segment Insights:

    Industrial Boilers Market Fuel Insights

    Industrial Boilers Market Fuel Insights

    The Fuel segment of the US Industrial Boilers Market plays a vital role in determining the overall efficiency and operational cost of industrial boilers across various sectors. This segment is primarily divided into four key categories: Natural Gas, Coal, Oil, and Others, each offering unique advantages and challenges. Natural Gas has emerged as a favored choice for many industries due to its lower carbon emissions and more efficient combustion properties, leading to increased adoption for new boiler installations.

    The growth in domestic natural gas production in the United States has made it an economically viable option, leading to its significant market presence.Coal, historically a dominant source of energy for industrial boilers, continues to be utilized, especially in sectors where long-term contracts and local availability provide an advantage. While its use is declining due to stringent environmental regulations and a push towards cleaner energy sources, it still holds relevance in specific applications where affordability remains a priority. Oil as a fuel source is characterized by its high energy density and ease of storage.

    It remains significant in regions where natural gas infrastructure is lacking or where high heat demands require more robust fuel types.Additionally, the 'Others' category encompasses various alternative fuels and biomass options that are gaining traction as sustainability initiatives become increasingly important. This segment attracts industries aiming to reduce their carbon footprint and enhance their energy efficiency, aligning with government and industry trends towards cleaner energy and reduced greenhouse gas emissions.

    Overall, the dynamics within the Fuel segment continue to evolve, influenced by regulatory changes, market demand shifts, and technological advancements, highlighting the adaptability and resilience of the US Industrial Boilers Market as it navigates an ever-changing landscape.

    Industrial Boilers Market Boiler type Insights

    Industrial Boilers Market Boiler type Insights

    The US Industrial Boilers Market, particularly within the Boiler type segment, showcases a diverse landscape that includes Fire-Tube and Water-Tube boilers. Fire-Tube boilers continue to be a popular choice in various industrial applications due to their simplicity and cost-effectiveness, making them ideal for industries needing moderate pressure and heating outputs.

    Water-Tube boilers, on the other hand, are recognized for their efficiency and ability to handle high-pressure applications, which is increasingly important in sectors such as power generation and manufacturing where large volumes of steam are required.The segmentation of the US Industrial Boilers Market plays a vital role in addressing the unique needs of different industries, driving innovations in energy efficiency and emissions reduction. Moreover, the demand for advanced features and automation in boiler systems is rising, providing opportunities for manufacturers to enhance their product offerings.

    As industries in the US focus on sustainability and regulatory compliance, the evolution and performance of both Fire-Tube and Water-Tube boilers will be pivotal in shaping the industrial boiler landscape.Market trends indicate a growing shift towards technologies that offer improved reliability and operational flexibility, positioning these boiler types as essential components in the infrastructure of industrial operations.

    Industrial Boilers Market Rated Capacity Insights

    Industrial Boilers Market Rated Capacity Insights

    The Rated Capacity segment of the US Industrial Boilers Market plays a crucial role in defining the energy efficiency and performance of various industrial operations. This segment is categorized into distinct ranges: 0.1 to 0.35 MW, 0.35 to 0.7 MW, and 0.7 MW to 1 MW, each addressing diverse energy needs across multiple industries. The 0.1 to 0.35 MW range is particularly significant for smaller industrial applications and helps in reducing operational costs through efficient energy use.

    Meanwhile, the 0.35 to 0.7 MW category often serves medium-sized enterprises, where flexibility in capacity and fuel options becomes essential for optimizing production processes.The 0.7 MW to 1 MW range caters to larger industries, providing robust solutions that ensure high performance and compliance with stringent emission regulations. As industries in the US continue to focus on sustainability and reducing carbon footprints, the importance of these rated capacity segments grows, creating opportunities for advancements in technology and innovation within the US Industrial Boilers Market.

    Understanding this segmentation allows businesses to tailor their energy solutions effectively, aligning with both operational requirements and environmental standards.

    Industrial Boilers Market End-User Insights

    Industrial Boilers Market End-User Insights

    The End-User segment of the US Industrial Boilers Market plays a pivotal role in driving overall market dynamics, as various industries leverage boiler technology for efficient heating solutions. The Food and Beverages industry is a significant consumer, utilizing boilers for steam generation in food processing and sanitation, ensuring product safety and quality. The Chemicals sector also requires robust boiler systems for steam and heat in chemical processing, highlighting the importance of energy efficiency and reliability.

    In addition, the Metal and Plastic industries benefit largely from industrial boilers for processes like molding and melting, showcasing the versatility of these systems.The Textile industry utilizes boilers primarily for dyeing and finishing processes, emphasizing the need for precise temperature control. The Wood and Paper industries demand high-capacity boilers to meet energy-intensive requirements, contributing to sustainable practices through cogeneration opportunities. Additionally, district heating systems offer an efficient solution for large-scale heating needs, presenting a growing trend as urban areas focus on sustainable energy consumption.

    The diverse applications across these sectors underscore the importance of understanding US Industrial Boilers Market segmentation to meet specific energy and operational challenges faced by each industry.

    Get more detailed insights about US Industrial Boilers Market

    Regional Insights

    Key Players and Competitive Insights

    The US Industrial Boilers Market presents a highly competitive landscape, characterized by a diverse range of manufacturers and service providers who offer an array of advanced boiler solutions. This market encompasses various types of boilers, including fire-tube, water-tube, and electric boilers, catering to industrial sectors such as manufacturing, food processing, and energy production. The competitive insights reflect the dynamics of innovation, market share distribution, pricing strategies, and customer preferences. Key players are continuously evolving, with a focus on enhancing efficiency and reducing emissions to align with environmental regulations.

    The competition is driven by factors like technological advancement, customer service excellence, and strategic partnerships, leading to an evolving marketplace that demands adaptability and foresight from its participants.

    Hurst Boiler holds a significant position within the US Industrial Boilers Market, known for its robust manufacturing capabilities and commitment to quality. The company specializes in a variety of boiler systems, ranging from biomass to natural gas and oil-fired boilers. Hurst Boiler distinguishes itself through its strong customer service and support, ensuring clients receive tailored solutions that fit their unique operational needs. The company’s extensive experience in the industry allows it to continuously innovate, emphasizing energy efficiency and sustainable practices, which are increasingly important to users in this competitive market.

    Moreover, Hurst Boiler has established a solid reputation and loyalty among its clients due to its reliability and competitive pricing, positioning it favorably against other manufacturers.Alstom plays a pivotal role in the US Industrial Boilers Market by leveraging its vast expertise in energy solutions and advancing technologies.

    As a key player, Alstom offers a comprehensive portfolio that includes critical products and services that support both traditional and renewable energy sectors. The company is recognized for its advanced boiler systems designed to optimize energy output while minimizing emissions, in line with the evolving regulatory landscape. Alstom has made substantial investments in research and development, allowing it to remain at the forefront of innovation through the introduction of cutting-edge technologies. The company's strategic acquisitions and partnerships have further strengthened its market presence and expanded its operational capabilities within the US.

    Such initiatives enhance Alstom's competitive edge in sales, service, and customer engagement, ensuring its products meet industry demands while addressing environmental sustainability.

    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.

    Market Segmentation

    Outlook

    • Food & Beverages
    • Chemicals
    • Metal
    • Plastic
    • Textile
    • Wood
    • Paper
    • District heating
    • Others

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 585.0(USD Million)
    MARKET SIZE 2024 750.0(USD Million)
    MARKET SIZE 2035 2500.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 11.567% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Hurst Boiler, Alstom, Midland Machinery, Honeywell, General Electric, Texas Boilers, Babcock and Wilcox, Siemens, AC Boilers, Atlas Copco, Burnham Holdings, CleaverBrooks, Superior Boiler Works, Foster Wheeler, Mitsubishi Power
    SEGMENTS COVERED Fuel, Boiler type, Rated Capacity, End-User
    KEY MARKET OPPORTUNITIES Enhancing energy efficiency standards, Transitioning to cleaner fuels, Increasing demand for process heat, Retrofitting older boilers, Expanding industrial automation integration
    KEY MARKET DYNAMICS regulatory compliance requirements, increasing energy efficiency demand, rising industrial output, shift towards cleaner technologies, competitive pricing pressure
    COUNTRIES COVERED US

    Market Highlights

    Author
    Garvit Vyas
    Analyst

    Explore the profile of Garvit Vyas, one of our esteemed authors at Market Research Future, and access their expert research contributions in the field of market research and industry analysis

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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.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. US Industrial Boilers Market, BY Fuel (USD Million)
    45. Natural Gas
    46. Coal
    47. Oil
    48. Others
    49. US Industrial Boilers Market, BY Boiler type (USD Million)
    50. Fire-Tube
    51. Water-Tube
    52. US Industrial Boilers Market, BY Rated Capacity (USD Million)
      1. to 0.35 MW
      2. to 0.7 MW
      3. MW to 1 MW
    53. US Industrial Boilers Market, BY End-User (USD Million)
    54. Food & Beverages
    55. Chemicals
    56. Metal
    57. Plastic
    58. Textile
    59. Wood
    60. Paper
    61. District heating
    62. Others
    63. Competitive Landscape
    64. Overview
    65. Competitive Analysis
    66. Market share Analysis
    67. Major Growth Strategy in the Industrial Boilers Market
    68. Competitive Benchmarking
    69. Leading Players in Terms of Number of Developments in the Industrial Boilers Market
    70. Key developments and growth strategies
    71. New Product Launch/Service Deployment
    72. Merger & Acquisitions
    73. Joint Ventures
    74. Major Players Financial Matrix
    75. Sales and Operating Income
    76. Major Players R&D Expenditure. 2023
    77. Company Profiles
    78. Hurst Boiler
    79. Financial Overview
    80. Products Offered
    81. Key Developments
    82. SWOT Analysis
    83. Key Strategies
    84. Alstom
    85. Financial Overview
    86. Products Offered
    87. Key Developments
    88. SWOT Analysis
    89. Key Strategies
    90. Midland Machinery
    91. Financial Overview
    92. Products Offered
    93. Key Developments
    94. SWOT Analysis
    95. Key Strategies
    96. Honeywell
    97. Financial Overview
    98. Products Offered
    99. Key Developments
    100. SWOT Analysis
    101. Key Strategies
    102. General Electric
    103. Financial Overview
    104. Products Offered
    105. Key Developments
    106. SWOT Analysis
    107. Key Strategies
    108. Texas Boilers
    109. Financial Overview
    110. Products Offered
    111. Key Developments
    112. SWOT Analysis
    113. Key Strategies
    114. Babcock and Wilcox
    115. Financial Overview
    116. Products Offered
    117. Key Developments
    118. SWOT Analysis
    119. Key Strategies
    120. Siemens
    121. Financial Overview
    122. Products Offered
    123. Key Developments
    124. SWOT Analysis
    125. Key Strategies
    126. AC Boilers
    127. Financial Overview
    128. Products Offered
    129. Key Developments
    130. SWOT Analysis
    131. Key Strategies
    132. Atlas Copco
    133. Financial Overview
    134. Products Offered
    135. Key Developments
    136. SWOT Analysis
    137. Key Strategies
    138. Burnham Holdings
    139. Financial Overview
    140. Products Offered
    141. Key Developments
    142. SWOT Analysis
    143. Key Strategies
    144. CleaverBrooks
    145. Financial Overview
    146. Products Offered
    147. Key Developments
    148. SWOT Analysis
    149. Key Strategies
    150. Superior Boiler Works
    151. Financial Overview
    152. Products Offered
    153. Key Developments
    154. SWOT Analysis
    155. Key Strategies
    156. Foster Wheeler
    157. Financial Overview
    158. Products Offered
    159. Key Developments
    160. SWOT Analysis
    161. Key Strategies
    162. Mitsubishi Power
    163. Financial Overview
    164. Products Offered
    165. Key Developments
    166. SWOT Analysis
    167. Key Strategies
    168. References
    169. Related Reports
    170. US Industrial Boilers Market SIZE ESTIMATES & FORECAST, BY FUEL, 2019-2035 (USD Billions)
    171. US Industrial Boilers Market SIZE ESTIMATES & FORECAST, BY BOILER TYPE, 2019-2035 (USD Billions)
    172. US Industrial Boilers Market SIZE ESTIMATES & FORECAST, BY RATED CAPACITY, 2019-2035 (USD Billions)
    173. US Industrial Boilers Market SIZE ESTIMATES & FORECAST, BY END-USER, 2019-2035 (USD Billions)
    174. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    175. ACQUISITION/PARTNERSHIP
    176. MARKET SYNOPSIS
    177. US INDUSTRIAL BOILERS MARKET ANALYSIS BY FUEL
    178. US INDUSTRIAL BOILERS MARKET ANALYSIS BY BOILER TYPE
    179. US INDUSTRIAL BOILERS MARKET ANALYSIS BY RATED CAPACITY
    180. US INDUSTRIAL BOILERS MARKET ANALYSIS BY END-USER
    181. KEY BUYING CRITERIA OF INDUSTRIAL BOILERS MARKET
    182. RESEARCH PROCESS OF MRFR
    183. DRO ANALYSIS OF INDUSTRIAL BOILERS MARKET
    184. DRIVERS IMPACT ANALYSIS: INDUSTRIAL BOILERS MARKET
    185. RESTRAINTS IMPACT ANALYSIS: INDUSTRIAL BOILERS MARKET
    186. SUPPLY / VALUE CHAIN: INDUSTRIAL BOILERS MARKET
    187. INDUSTRIAL BOILERS MARKET, BY FUEL, 2025 (% SHARE)
    188. INDUSTRIAL BOILERS MARKET, BY FUEL, 2019 TO 2035 (USD Billions)
    189. INDUSTRIAL BOILERS MARKET, BY BOILER TYPE, 2025 (% SHARE)
    190. INDUSTRIAL BOILERS MARKET, BY BOILER TYPE, 2019 TO 2035 (USD Billions)
    191. INDUSTRIAL BOILERS MARKET, BY RATED CAPACITY, 2025 (% SHARE)
    192. INDUSTRIAL BOILERS MARKET, BY RATED CAPACITY, 2019 TO 2035 (USD Billions)
    193. INDUSTRIAL BOILERS MARKET, BY END-USER, 2025 (% SHARE)
    194. INDUSTRIAL BOILERS MARKET, BY END-USER, 2019 TO 2035 (USD Billions)
    195. BENCHMARKING OF MAJOR COMPETITORS

    US Industrial Boilers Market Segmentation

    • Industrial Boilers Market By Fuel (USD Million, 2019-2035)

      • Natural Gas
      • Coal
      • Oil
      • Others
    • Industrial Boilers Market By Boiler type (USD Million, 2019-2035)

      • Fire-Tube
      • Water-Tube
    • Industrial Boilers Market By Rated Capacity (USD Million, 2019-2035)

      • 0.1 to 0.35 MW
      • 0.35 to 0.7 MW
      • 0.7 MW to 1 MW
    • Industrial Boilers Market By End-User (USD Million, 2019-2035)

      • Food & Beverages
      • Chemicals
      • Metal
      • Plastic
      • Textile
      • Wood
      • Paper
      • District heating
      • Others
    Report Infographic
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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials