by Corinne Gangloff
October 13, 2021
Hydrogen power is an increasing focus of product development in the global boiler industry, according to a new Freedonia Group analysis:
The basic technology of hydrogen boilers is relatively straightforward, and the larger challenge surrounds the logistics of hydrogen supply, as pipeline infrastructure will need to be converted and more efficient methods of transporting hydrogen will need to be developed.
As such, partnership with natural gas firms and utilities will be crucial. In the short term, boiler suppliers are likely to begin deploying hydrogen-ready boilers that can operate on both current natural gas mixes and future hydrogen infrastructure.
The Freedonia Group forecasts global demand for central heating boilers to increase 3.5% per year to $16.0 billion in 2025. In unit terms, sales will grow 1.6% annually to 8.1 million. Demand will be driven by rising building construction activity and the ongoing need for replacement boilers.
Want to Learn More?
Global Central Heating Boilers is now available from the Freedonia Group. This study examines demand for boilers by market and global geographic region. Historical data (2010, 2015, and 2020) and forecasts for 2025 and 2030 are presented for central heating boiler demand in current US dollars (including inflation) and units at the global, regional, and country regions.
Central heating boilers include:
Data are segmented by residential and nonresidential markets:
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