Combi Boiler Market is segmented by Fuel Type (Natural Gas, Oil, and Others), by Technology Type (Condensing and Non-Condensing), and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, Italy, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], and Rest of the World [Brazil, Argentina, and Others]).
Combi Boiler Market is segmented by Fuel Type (Natural Gas, Oil, and Others), by Technology Type (Condensing and Non-Condensing), and by Region (North America [The USA, Canada, and Mexico], Europe [Germ...
A combi boiler is a type of boiler that provides both hot water and central heating in the same system. It has several advantages, such as high efficiency, compact size, ease of installation, and the ability to provide hot water on demand. It has an average shelf life of 15-20 years, depending on factors such as operating conditions, fuel usage, and maintenance.
Increasing investments in the installation of efficient space heating technologies, a shift toward reducing carbon footprints, and rapid urbanization are expected to drive the growth of the market during the forecast period. Overall, the combi boiler market is estimated to grow at a decent CAGR of 4.5% during the forecast period.
Combi Boiler Market – Snapshot
Growth (2022-2027)
4.5% for the next five years
Major Fuel Type
Oil
Major Technology Type
Condensing
Region with the highest demand
North America
Key Players
A. O. Smith Corporation, BDR Thermea Group, Bosch Thermotechnology, Daikin, Ferroli S.p.A, Fondital S.P.A., Hoval, Vaillant Group, Viessmann, and Wolf GmbH
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Segments' Analysis
Based on the fuel type, the market is segmented as natural gas, oil, and others. Oil is estimated to account for the major share of the market, during the forecast period, owing to the shifting focus toward installation of sustainable technologies and the presence of robust supply network in developed and emerging economies.
Based on the technology type, the market is bifurcated into condensing and non-condensing. The condensing technology is estimated to register a higher growth in the market as a result of the stringent environmental regulations aimed at reducing the harmful GHG emissions and promoting low-emission technologies, fuelling the overall industry growth during the forecast period.
In terms of regions, North America is estimated to dominate the combi boiler market during the forecast period. Factors such as increasing replacement rates for traditional heating systems and the growing demand for energy-efficient space and water heating systems are some of the key factors fueling the growth of the North American combi boiler market during the forecast period.
Key Players
The following are some of the key players in the combi boiler market:
A. O. Smith Corporation
BDR Thermea Group
Bosch Thermotechnology
Daikin
Ferroli S.p.A
Fondital S.P.A.
Hoval
Vaillant Group
Viessmann
Wolf GmbH.
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s combi boiler market realities and future market possibilities for the forecast period of 2022 to 2027. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis.
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
Market trend and forecast analysis.
Market segment trend and forecast.
Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
Attractive market segments and associated growth opportunities.
Emerging trends.
Strategic growth opportunities for the existing and new players.
Key success factors.
The combi boiler market is segmented into the following categories:
Combi Boiler Market, by Fuel Type
Natural Gas (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Oil (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Combi Boiler Market, by Technology Type
Condensing (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Non-Condensing (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Combi Boiler Market, by Region
North America (Country Analysis: The USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, The UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@Stratviewresearch.com
The combi boiler market is estimated to grow at a healthy CAGR of 4.5% over the next five years. Increasing investments in the installation of efficient space heating technologies, a shift toward reducing carbon footprints, and rapid urbanization are expected to drive the growth of the market during the forecast period.
A. O. Smith Corporation, BDR Thermea Group, Bosch Thermotechnology, Daikin, Ferroli S.p.A, Fondital S.P.A., Hoval, Vaillant Group, Viessmann, and Wolf GmbH are some of the key players in the market.
North America is estimated to be dominant in the combi boiler market in the coming years on account of the increasing replacement rates for traditional heating systems and the growing demand for energy-efficient space and water heating systems, with the U.S. being the growth engine of the region.
Oil is estimated to hold the largest share of the market on account of the shifting focus toward installation of sustainable technologies and the presence of robust supply network in developed and emerging economies.
