Industrial boiler market poised for significant growth by 2030

In Dublin on April 28, 2025, a report detailing the industrial boiler market's trajectory was published, predicting a substantial growth from USD 17.22 billion in 2025 to USD 20.75 billion by 2030. This analysis outlines the driving forces behind this anticipated growth, notably the rising demand for reliable steam and hot water production across sectors such as power generation, food processing, and manufacturing. Technological innovations are highlighted as pivotal in enhancing efficiency, reducing operational costs, and adhering to stricter environmental regulations. Specifically, advancements such as automation and monitoring systems are transforming traditional boiler operations into more sustainable practices. Concurrently, the increasing global focus on lowering greenhouse gas emissions aligns with the shift toward natural gas-fired boilers, which are gaining popularity due to their lower emissions compared to coal-fired systems. The report also underscores the rapid adoption of water-tube boilers, characterized by their capacity to withstand high pressure and their superior heat transfer efficiency. This segment has emerged as the fastest-growing within the market, catering to large-scale industrial needs efficiently. The analysis points out that modern water-tube boilers are frequently equipped with advanced systems for waste heat recovery, further adding to their appeal within the industry. Emerging markets, particularly in the Middle East and Africa, are forecasted to experience robust growth driven by industrialization and energy demand. This sector's diversification efforts reflect a concerted approach towards modernization and compliance with emission control policies, showcasing a significant opportunity for the adoption of eco-friendly boiler systems. Overall, the report suggests a promising future for the industrial boiler market, influenced by technological advancements and a shift toward cleaner energy sources.