Package Boilers Market Size To Reach $12.51 Billion By 2030

June 2025 | Report Format: Electronic (PDF)

Package Boilers Market Growth & Trends

The global package boilers market is anticipated to reach USD 12.51 billion by 2030 and is expected to expand at a CAGR of 4.4% during the forecast period, according to a new report by Grand View Research, Inc. The market is witnessing steady growth, largely driven by increasing industrialization across various regions, particularly Asia Pacific. As industries expand, there is a growing need for efficient and reliable steam and hot water generation solutions. This demand is pushing manufacturers to develop compact, easy-to-install boilers capable of handling diverse applications in sectors such as manufacturing, food processing, and chemicals.

A notable trend in the market is the integration of renewable energy sources such as biomass and biogas into boiler systems. This shift aligns with global sustainability efforts, helping industries reduce their carbon footprint while maintaining operational efficiency. In addition, adopting smart technologies, including IoT sensors and AI-driven analytics, is transforming boiler management by enabling real-time monitoring, predictive maintenance, and overall improved reliability.

Modular and scalable package boiler designs are becoming increasingly popular. They offer businesses the flexibility to adjust capacity based on fluctuating energy demands without major infrastructure changes. This adaptability is particularly valuable in industries where production volumes and energy needs can vary significantly, allowing companies to optimize operational costs and energy use more effectively.

There is a growing emphasis on replacing aging boiler systems with modern, automated package boilers that meet stringent environmental regulations in North America and Europe. These newer systems focus heavily on energy efficiency and emission reductions, supporting broader sustainability goals. Moreover, the market is evolving to balance industrial growth with environmental responsibility, positioning itself as a key element in the transition toward greener and more efficient industrial processes.

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Package Boilers Market Report Highlights

The fire-tube boilers segment led the market in 2024 based on type. Fire-tube boilers have emerged as the leading segment due to their simple design, ease of installation, and cost-effective operation.
Based on design, D-Type package boilers are widely favored for their high steam capacity and compact footprint, making them ideal for industrial facilities with space constraints. Their design allows for efficient heat transfer and quick start-up, supporting continuous, high-demand operations.
Gas-fired package boilers dominate the market due to their affordability, efficiency, and lower emissions compared to oil or coal alternatives. They are particularly favored in industries seeking to comply with environmental regulations while maintaining cost-effective operations.
In the chemical & petrochemical industries, package boilers are essential for generating process steam used in reactions, distillation, and heating applications. Their reliability, high-pressure capabilities, and ability to handle variable loads make them ideal for continuous industrial operations.
Based on region, Asia Pacific led the market in 2024. The region is experiencing significant market growth, driven by rapid industrialization, urbanization, and increasing demand for energy-efficient solutions.
In February 2025, Cleaver-Brooks launched myBoilerRoom, a digital platform that uses data-driven insights to optimize boiler efficiency, improve reliability, and reduce facility costs. ?