Global Commercial boiler Market: Regional Insights
Based on geography, the Global Commercial boiler market is segmented into Aisa Pacific, Europe, Latin America & Middle East, and North America. At present, the Europe is expected to hold leading position in the global commercial boiler market over the forecast period. Growth in demand from businesses, hospitals, educational institutions, tourism, and others, as well as the cheap investment cost of natural gas and other fuels, are driving the worldwide global commercial boiler market. Commercial boilers are widely used to heat water in cold areas. An increase in demand for space heating in both residential and commercial buildings, as well as the growth of the industrial sector, are likely to drive the worldwide commercial boilers market. Furthermore, an office is the market's top revenue producer and is likely to retain its dominance during the projection period.
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