Gas fired Fire Tube Boiler Market Insights Video

According to Cognitive Market Research, the global Gas-fired Fire Tube Boiler market size was USD 786.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.50% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 314.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 235.98 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 180.92 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 39.33 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 15.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
• The Oil and gas held the highest gas-fired Fire Tube Boiler market revenue share in 2024.