Market Overview:
The global condensing oil boiler market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market 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 contributing to the growth of this market. The global condensing oil boiler market can be segmented on the basis of type into wall-hung models and floor-standing models. On the basis of application, this market can be segmented into residential, commercial, and industrial applications. The residential application segment is expected to account for a major share in terms of revenue in this market during the forecast period from 2018 to 2030 owing to rising demand for energy-efficient heating systems from households across regions worldwide.
Product Definition:
A condensing oil boiler is a type of boiler that uses oil as its fuel. It is similar to other types of boilers, such as gas boilers and electric boilers, but it has a few unique features. One of the most important features of a condensing oil boiler is that it can extract more heat from the fuel than other types of boilers can. This makes them more efficient and helps to reduce energy costs.
Wall-hung Models:
Wall-hung models are a type of model used in the Condensing Oil Boiler (COb) industry. These models are suspended from the wall and have no baseboard heat source. They rely on ambient air temperature to cool the heating chamber, which is usually located at or below the ceiling of a building.
Floor-standing Models:
Floor-standing models are used to design and analyze the performance of condensing oil boiler. It is a type of pressure containment equipment that has vertical tubes or columns connected by horizontal bars. The model can be used to represent any closed vessel, including storage tanks, boilers, pipes, etc., which helps in determining flow rate and pattern within the system as well as evaluating various operating conditions such as temperature difference between feed & return lines or vapor/liquid ratio.
Application Insights:
The commercial application segment dominated the global condensing oil boiler market in 2017, accounting for over 60.0% share of the total revenue. Condensing oil boilers are widely used in commercial applications including food and beverage, chemical processing, paper mills and metalworking industries. The product is an ideal solution for industrial heating requirements as it offers high efficiency with low maintenance cost over the long term.
The residential application segment is expected to witness significant growth over the forecast period owing to increasing energy costs and environmental concerns related to fossil fuels such as coal and wood pellets among others like gasoil or diesel fuel which have been gaining traction globally due to their lower carbon emissions when compared with other conventional heating sources such as wood or coal which has resulted in a shift towards cleaner burning technologies that are more efficient while providing better heat output thereby driving demand across various end-use industries worldwide thus propelling growth of condensing oil boiler market at a global level.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional segment over the forecast period. The region’s growth can be attributed to increasing industrialization and rising commercial construction activities in countries, such as China, India, Japan and South Korea. Furthermore, rapid urbanization in these economies has led to an increased demand for space heating solutions. This trend is projected to drive product demand further.
The Middle East & Africa condensing oil boiler market accounted for a share of more than 10% in 2017 owing to high investments by governments across the region towards infrastructural development projects including hospitals, schools and colleges among others which require large energy consumption for space heating purposes are projected boost product demand over the forecast period.
North America was estimated as one of the largest regional markets with U.S.
Growth Factors:
- Increasing demand for heating and cooling systems in residential and commercial sectors
- Growing awareness about the benefits of using condensing oil boilers over traditional ones
- Technological advancements in condensing oil boiler design and manufacturing processes
- Rising prices of traditional fuels such as natural gas and electricity
- Stringent government regulations promoting energy-efficiency in buildings
Scope Of The Report
Report Attributes
Report Details
Report Title
Condensing Oil Boiler Market Research Report
By Type
Wall-hung Models, Floor-standing Models
By Application
Residential, Commercial, Industrial
By Companies
Viessmann Group, Vaillant, De Dietrich, Grant Engineering, ROTEX, Firebird, Hoval Group, PB HEAT, Mistral Energy Product, PERGE, U.S. Boiler Company, Warmflow, Hounsfield Boile
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Condensing Oil Boiler Market Report Segments:
The global Condensing Oil Boiler market is segmented on the basis of:
Types
Wall-hung Models, Floor-standing Models
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
Residential, Commercial, Industrial
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:
- Viessmann Group
- Vaillant
- De Dietrich
- Grant Engineering
- ROTEX
- Firebird
- Hoval Group
- PB HEAT
- Mistral Energy Product
- PERGE
- U.S. Boiler Company
- Warmflow
- Hounsfield Boile
Highlights of The Condensing Oil 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:
- Wall-hung Models
- Floor-standing Models
- By Application:
- Residential
- Commercial
- Industrial
- 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 Condensing Oil 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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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 condensing oil boiler is a type of boiler that uses hot water to turn a turbine which then creates steam. This steam is used to power the plantu2019s machinery.
Some of the major companies in the condensing oil boiler market are Viessmann Group, Vaillant, De Dietrich, Grant Engineering, ROTEX, Firebird, Hoval Group, PB HEAT, Mistral Energy Product, PERGE, U.S. Boiler Company, Warmflow, Hounsfield Boile.
The condensing oil 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. Condensing Oil 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. Condensing Oil Boiler Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Condensing Oil Boiler Market - Supply Chain
4.5. Global Condensing Oil Boiler Market Forecast
4.5.1. Condensing Oil Boiler Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Condensing Oil Boiler Market Size (000 Units) and Y-o-Y Growth
4.5.3. Condensing Oil Boiler Market Absolute $ Opportunity
5. Global Condensing Oil 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. Condensing Oil Boiler Market Size and Volume Forecast by Type
5.3.1. Wall-hung Models
5.3.2. Floor-standing Models
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Condensing Oil 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. Condensing Oil Boiler Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.3.3. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Condensing Oil 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. Condensing Oil 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 Condensing Oil 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. Condensing Oil 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 Condensing Oil Boiler Demand Share Forecast, 2019-2026
9. North America Condensing Oil 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 Condensing Oil 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 Condensing Oil Boiler Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.4.3. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Condensing Oil Boiler Market Size and Volume Forecast by Type
9.7.1. Wall-hung Models
9.7.2. Floor-standing Models
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 Condensing Oil Boiler Demand Share Forecast, 2019-2026
10. Latin America Condensing Oil 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 Condensing Oil 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 Condensing Oil Boiler Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.4.3. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Condensing Oil Boiler Market Size and Volume Forecast by Type
10.7.1. Wall-hung Models
10.7.2. Floor-standing Models
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 Condensing Oil Boiler Demand Share Forecast, 2019-2026
11. Europe Condensing Oil 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 Condensing Oil 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 Condensing Oil Boiler Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.4.3. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Condensing Oil Boiler Market Size and Volume Forecast by Type
11.7.1. Wall-hung Models
11.7.2. Floor-standing Models
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential 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 Condensing Oil Boiler Demand Share, 2019-2026
12. Asia Pacific Condensing Oil 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 Condensing Oil 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 Condensing Oil Boiler Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.4.3. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Condensing Oil Boiler Market Size and Volume Forecast by Type
12.7.1. Wall-hung Models
12.7.2. Floor-standing Models
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 Condensing Oil Boiler Demand Share, 2019-2026
13. Middle East & Africa Condensing Oil 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 Condensing Oil 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 Condensing Oil Boiler Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.4.3. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Condensing Oil Boiler Market Size and Volume Forecast by Type
13.7.1. Wall-hung Models
13.7.2. Floor-standing Models
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 Condensing Oil Boiler Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Condensing Oil Boiler Market: Market Share Analysis
14.2. Condensing Oil Boiler Distributors and Customers
14.3. Condensing Oil Boiler Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Viessmann 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. Vaillant
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. De Dietrich
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Grant Engineering
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ROTEX
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Firebird
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hoval Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. PB HEAT
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mistral Energy Product
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. PERGE
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. U.S. Boiler Company
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Warmflow
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Hounsfield Boile
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
