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2025-05-22 15:13:19 -

Energy-Efficient Heating Drives Electric Boiler Market to USD 17.4 Billion by 2031

The global electric boiler market was valued at USD 7.6 billion in 2022 and is projected to grow at a robust CAGR of 9.7% from 2023 to 2031. Driven by the increasing demand for energy-efficient and eco-friendly heating solutions, the market is expected to reach USD 17.4 billion by the end of 2031. This growth is fueled by rising adoption in residential, commercial, and industrial sectors,...

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