Market News
Global Commercial boiler Market: Key Developments
- On 27 November 2022, O. Smith a water heater company Voltex® AL (anti-leak) hybrid electric heat pump water heater. For businesses and homeowners looking for a highly efficient, intuitive, and user-friendly device, this unit introduces a first-of-its-kind water heating solution with integrated leak detection, smart connectivity, and upgraded water connections.
- On 8 June 2022, O. Smith acquires Water Treatment Solutions Provider Atlantic Filter Corporation. This will expands A.O Smith capabilities in Florida and beyond.
- In year 2022, Bosch expands existing heat pump production network in Germany. This plant plant has solely produced hot water storage tanks for combination with various Bosch Thermotechnology products. This helped Bosch to expand the business in Tranås, Sweden, and Aveiro, Portugal.