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1.EXECUTIVESUMMARY
MarketOverview
Overview
Definitions
SummaryofMajorFindings
MarketTrends
CompetitiveStructure
2.COMMERCIALANDINSTITUTIONALBOILERSMARKET
MarketOverview
Overview
Definitions
MarketDynamics
MarketDrivers
MarketRestraints
MarketForecast
RevenuesandUnitShipmentsForecast
RevenuesandUnitShipmentsbyApplicationType
RevenuesandUnitShipmentsbyHotWaterApplications
RevenuesandUnitShipmentsbySteamApplications
RevenuesandUnitShipmentsbyGeographicRegion
MarketShares
CompetitiveLandscape
Below50hpBoilers
50hpto299hpBoilers
300hpto999hpBoilers
Above1000hpBoilers
3.ECONOMETRICS
DecisionSupportDatabase
ElectricityPrices
NaturalGasPrices
NonResidentialConstruction
CommercialOfficeSpace
NumberofEducationalFacilities
NumberofSchools
The North American boilers market is at a mature stage, generating modest but stable growth. Quiet significantly, most new units being sold are replacements for existing equipment rather than new installations as about 70.0 percent of buildings in the North American commercial sector are over 25 years old. While the retrofit boilers market is expected to further strengthen with the growth of the region’s economy, there is an equally strong trend toward modular boilers, which offer greater convenience and cost savings. Moreover, these boilers reduce redundancy as with the more recent advances in boiler configurations and controls, end users have the ability to install several smaller compact modular boilers as opposed to larger boilers that are most likely to provide excess capacity.
However, lower priced boilers are proving a major restraint for boiler manufacturers, intensifying price competition and reducing profit margins. 'Inexpensive equipment are more cost efficient in the short term and in areas such as commercial construction, a low up-front cost outweighs the benefits of efficiency and other long-term benefits,' notes the analyst of this research service. 'Hence, manufacturers trying to be more innovative are forced to compete with lower-priced equipment. This, in turn, is affecting market growth and innovation.'
