Market Overview:
The global combi boiler market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient heating systems across the globe. In addition, the growing awareness about environment-friendly heating solutions is also propelling the demand for combi boilers in residential and commercial applications. Based on type, below 35 kW, 35-70 kW, and above 70 kW combi boilers are segments of the global market. Among these types, below 35 kW segment is expected to witness highest growth during the forecast period owing to its low installation cost and easy operability as compared to other types of combi boilers. By application, natural gas-, oil-, condensing-, and non-condensing are segments of this market.
Product Definition:
A Combi Boiler is a water heater and boiler combined into one unit. It heats water quickly for showers and taps, then circulates the hot water through the radiators to heat the room.
Below 35 KW:
Below 35 KW, it's usage.
The global below 35 KW combi boiler market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growing demand for energy across the globe coupled with increasing focus on reducing greenhouse gas emissions is expected to drive the growth of this industry over the forecast period.
35-70 KW:
The 35-70 KW is the power rating of combi boiler. It is used to boil water in a range of industries such as paper, chemicals, food processing and pharmaceuticals. The boiler can be used with different feed systems such as steam and hot water feed system.
It has applications in various industries due to its flexibility which allows it to be utilized for multiple processes within a single unit operation or multiple unit operation depending on the demand from customers.
Application Insights:
The natural gas application segment accounted for the largest share of over 30.0% in 2017 and is projected to witness significant growth during the forecast period. The growing use of natural gas as a fuel source in power generation applications across various regions is expected to drive demand for combi boilers that are designed specifically for this purpose, thereby supporting the global market growth.
Natural Gas Combined Heat And Power (CHP) plants account for nearly 40% of all new power capacity installed since 2010 and are projected to continue being one of the major fuels used in upcoming years owing to its ability to reduce carbon emissions significantly while providing sufficient heat output required by commercial spaces and homes.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturers, especially in China, who have been at the forefront of technological advancements. Asia Pacific is also home to several emerging economies with growing middle-class populations looking for better lifestyles coupled with improved standard of living through increased disposable income. These factors are anticipated to drive demand for combi boilers over the forecast period.
Europe was estimated as being second largest regional segment after Asia Pacific in 2017 owing to high consumption levels coupled with stringent environmental regulations regarding carbon emissions from fuel sources such as natural gas and oil burners.
Growth Factors:
- Increasing demand for energy-efficient heating systems
- Rising popularity of combi boilers among consumers owing to their space-saving design and easy installation
- Growing awareness about the benefits of combi boilers, such as reduced energy bills and improved indoor air quality
- Favorable government policies and incentives for installing energy-efficient heating systems
- Technological advancements that have led to the development of more advanced and efficient combi boilers
Scope Of The Report
Report Attributes
Report Details
Report Title
Combi Boiler Market Research Report
By Type
Below 35 KW, 35-70 KW, Above 70 KW
By Application
Natural Gas, Oil, Condensin, Non-condensing
By Companies
BDR Thermea Group, Daikin, Hoval, HTP, Viessmann, Fondital, Immergas S.p.A., Wolf, Ferroli, A. O. Smith Corporation, Vaillant Group, ACV, KyungDong Navien, SIME, Ariston Thermo Group, Groupe Atlantic, Bosch Thermotechnology, ELNUR, Vokera, ideal BOILERS, Haier, Vanward, Midea, Rinnai Corporation, SAKURA CORPORATION
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Combi Boiler Market Report Segments:
The global Combi Boiler market is segmented on the basis of:
Types
Below 35 KW, 35-70 KW, Above 70 KW
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Natural Gas, Oil, Condensin, Non-condensing
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BDR Thermea Group
- Daikin
- Hoval
- HTP
- Viessmann
- Fondital
- Immergas S.p.A.
- Wolf
- Ferroli
- A. O. Smith Corporation
- Vaillant Group
- ACV
- KyungDong Navien
- SIME
- Ariston Thermo Group
- Groupe Atlantic
- Bosch Thermotechnology
- ELNUR
- Vokera
- ideal BOILERS
- Haier
- Vanward
- Midea
- Rinnai Corporation
- SAKURA CORPORATION
Highlights of The Combi Boiler Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 35 KW
- 35-70 KW
- Above 70 KW
- By Application:
- Natural Gas
- Oil
- Condensin
- Non-condensing
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Combi Boiler Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A combi boiler is a type of boiler that uses both gas and oil to produce heat. This type of boiler is often used in commercial buildings, such as hospitals and schools, because it is efficient and affordable.
Some of the major companies in the combi boiler market are BDR Thermea Group, Daikin, Hoval, HTP, Viessmann, Fondital, Immergas S.p.A., Wolf, Ferroli, A. O. Smith Corporation, Vaillant Group, ACV, KyungDong Navien, SIME, Ariston Thermo Group, Groupe Atlantic, Bosch Thermotechnology, ELNUR, Vokera, ideal BOILERS, Haier, Vanward, Midea, Rinnai Corporation, SAKURA CORPORATION.
The combi boiler market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Combi Boiler Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Combi Boiler Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Combi Boiler Market - Supply Chain
4.5. Global Combi Boiler Market Forecast
4.5.1. Combi Boiler Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Combi Boiler Market Size (000 Units) and Y-o-Y Growth
4.5.3. Combi Boiler Market Absolute $ Opportunity
5. Global Combi Boiler Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Combi Boiler Market Size and Volume Forecast by Type
5.3.1. Below 35 KW
5.3.2. 35-70 KW
5.3.3. Above 70 KW
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Combi Boiler Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Combi Boiler Market Size and Volume Forecast by Application
6.3.1. Natural Gas
6.3.2. Oil
6.3.3. Condensin
6.3.4. Non-condensing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Combi Boiler Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Combi Boiler Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Combi Boiler Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Combi Boiler Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Combi Boiler Demand Share Forecast, 2019-2026
9. North America Combi Boiler Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Combi Boiler Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Combi Boiler Market Size and Volume Forecast by Application
9.4.1. Natural Gas
9.4.2. Oil
9.4.3. Condensin
9.4.4. Non-condensing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Combi Boiler Market Size and Volume Forecast by Type
9.7.1. Below 35 KW
9.7.2. 35-70 KW
9.7.3. Above 70 KW
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Combi Boiler Demand Share Forecast, 2019-2026
10. Latin America Combi Boiler Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Combi Boiler Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Combi Boiler Market Size and Volume Forecast by Application
10.4.1. Natural Gas
10.4.2. Oil
10.4.3. Condensin
10.4.4. Non-condensing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Combi Boiler Market Size and Volume Forecast by Type
10.7.1. Below 35 KW
10.7.2. 35-70 KW
10.7.3. Above 70 KW
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Combi Boiler Demand Share Forecast, 2019-2026
11. Europe Combi Boiler Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Combi Boiler Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Combi Boiler Market Size and Volume Forecast by Application
11.4.1. Natural Gas
11.4.2. Oil
11.4.3. Condensin
11.4.4. Non-condensing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Combi Boiler Market Size and Volume Forecast by Type
11.7.1. Below 35 KW
11.7.2. 35-70 KW
11.7.3. Above 70 KW
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Ptential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Combi Boiler Demand Share, 2019-2026
12. Asia Pacific Combi Boiler Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Combi Boiler Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Combi Boiler Market Size and Volume Forecast by Application
12.4.1. Natural Gas
12.4.2. Oil
12.4.3. Condensin
12.4.4. Non-condensing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Combi Boiler Market Size and Volume Forecast by Type
12.7.1. Below 35 KW
12.7.2. 35-70 KW
12.7.3. Above 70 KW
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Combi Boiler Demand Share, 2019-2026
13. Middle East & Africa Combi Boiler Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Combi Boiler Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Combi Boiler Market Size and Volume Forecast by Application
13.4.1. Natural Gas
13.4.2. Oil
13.4.3. Condensin
13.4.4. Non-condensing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Combi Boiler Market Size and Volume Forecast by Type
13.7.1. Below 35 KW
13.7.2. 35-70 KW
13.7.3. Above 70 KW
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Combi Boiler Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Combi Boiler Market: Market Share Analysis
14.2. Combi Boiler Distributors and Customers
14.3. Combi Boiler Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BDR Thermea Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Daikin
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hoval
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. HTP
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Viessmann
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fondital
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Immergas S.p.A.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Wolf
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ferroli
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. A. O. Smith Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Vaillant Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ACV
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. KyungDong Navien
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SIME
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Ariston Thermo Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Groupe Atlantic
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Bosch Thermotechnology
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. ELNUR
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Vokera
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. ideal BOILERS
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
