Market Overview:
The global commercial combi boilers 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, especially in developed countries. In addition, the growing construction and hospitality industries are also contributing to the growth of this market. The global commercial combi boilers market can be segmented on the basis of type into non-condensing boilers and condensing boilers. The non-condensing boiler segment is expected to account for a larger share of the global commercial combi boilers market than the condensing boiler segment during the forecast period. This can be attributed to their lower cost as compared with condensing boilers and their ability to operate under high pressure conditions without any problems. On the basis of application,the global commercial combi boilermarket can be divided intocommercial buildings, hotels, and others (including hospitals, educational institutions, etc.).
Product Definition:
Commercial Combi Boilers are a type of boiler that is designed for use in commercial settings. They are more efficient than other types of boilers and can be used to provide heat and hot water for a variety of purposes.
Non-condensing Boilers:
Non-condensing boilers are used in combi boilers to provide heat and pressure. These are mainly used where the boiler is required to run at a higher temperature but does not possess adequate pressure for combustion.
The growth of non-condensing boilers can be attributed to several factors such as low installation cost, easy availability, and low fuel consumption & maintenance costs among others.
Condensing Boilers:
Condensing boilers are used in combi boilers to decrease the overall operating cost by reducing fuel wastage. Condensing boiler is a heat exchanger which is installed between the furnace and the cooling tower. It works like a thermos bottle, as it cools down the flue gas before it reaches its destination i.e., before it meets with combustion equipment or before it gets introduced into the chimney, thus avoiding any damage and ensuring efficient working of equipment.
Application Insights:
The commercial building application segment accounted for the largest revenue share of over 60.0% in 2017 and is projected to witness significant growth during the forecast period. The product is widely used in hotels, restaurants, hospitals, educational buildings and other commercial buildings as it provides consistent heat supply with high efficiency across all types of heating applications.
The others application segment includes industrial purposes such as warehouses, shops & showrooms and government offices among others. These industries require a large boiler capacity to provide sufficient hot water on-demand for multiple users at the same time without any downtime or waiting period. Combination boilers are thus an ideal solution as they offer continuous steam supply with less maintenance requirements than conventional boilers while still providing efficient heating output at all times.
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 hotels, restaurants, and other commercial buildings that require high-quality catering equipment. Furthermore, rapid growth of industries including food processing, pharmaceuticals, cosmetics is anticipated to fuel demand for combi boilers in Asia Pacific over the forecast period.
Europe accounted for more than 25% share of global revenue in 2017 owing to growing construction activities coupled with rising investments by governments on building energy infrastructure such as thermal power plants and district heating & cooling systems.
The Middle East & Africa region is projected to witness significant growth from 2018 to 2030 due an increase in government spending on building projects especially hospitals across countries including Saudi Arabia.
Growth Factors:
- Increasing demand for energy-efficient systems: The global commercial combi boilers market is expected to grow at a CAGR of over 5% during the forecast period. This can be attributed to the increasing demand for energy-efficient systems, which helps in reducing carbon emissions and conserving energy resources.
- Growing construction and renovation activities: The growth of the global commercial combi boilers market is also driven by the growing construction and renovation activities across different regions. This is mainly due to the increasing awareness about energy conservation among consumers, which has led to an increase in demand for efficient heating systems such as commercial combi boilers.
- Rising popularity of condensing technology: Another key factor driving growth in this market is the rising popularity of condensing technology, which offers improved performance as compared to traditional heating technologies such as steam or hot water boilers. This has resulted in an increase in adoption of commercial combi boilers by various end users across different regions worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Combi Boilers Market Research Report
By Type
Non-condensing Boilers, Condensing Boilers
By Application
Commercial Building, Hotels, Others
By Companies
Bosch, Viessmann, Vaillant, Ideal Boilers, Baxi, Vokèra, Rheem, U.S. Boiler Company, Navien, Ariston, Biasi, Slant/Fin, Lennox, Crown
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Combi Boilers Market Report Segments:
The global Commercial Combi Boilers market is segmented on the basis of:
Types
Non-condensing Boilers, Condensing Boilers
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
Commercial Building, Hotels, Others
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:
- Bosch
- Viessmann
- Vaillant
- Ideal Boilers
- Baxi
- Vokèra
- Rheem
- U.S. Boiler Company
- Navien
- Ariston
- Biasi
- Slant/Fin
- Lennox
- Crown
Highlights of The Commercial Combi Boilers 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:
- Non-condensing Boilers
- Condensing Boilers
- By Application:
- Commercial Building
- Hotels
- Others
- 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 Commercial Combi Boilers 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.
How you may use our products:
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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?
Commercial Combi Boilers are a type of boiler that combines the features of both central and district heating systems. They are designed to provide efficient, cost-effective heating for businesses and other commercial establishments.
Some of the key players operating in the commercial combi boilers market are Bosch, Viessmann, Vaillant, Ideal Boilers, Baxi, Vok¨ra, Rheem, U.S. Boiler Company, Navien, Ariston, Biasi, Slant/Fin, Lennox, Crown.
The commercial combi boilers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Combi Boilers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Combi Boilers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Combi Boilers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Combi Boilers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Combi Boilers Market Size & Forecast, 2020-2028
4.5.1 Commercial Combi Boilers Market Size and Y-o-Y Growth
4.5.2 Commercial Combi Boilers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Non-condensing Boilers
5.2.2 Condensing Boilers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Building
6.2.2 Hotels
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Combi Boilers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Combi Boilers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Non-condensing Boilers
9.6.2 Condensing Boilers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Building
9.10.2 Hotels
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Non-condensing Boilers
10.6.2 Condensing Boilers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Building
10.10.2 Hotels
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Non-condensing Boilers
11.6.2 Condensing Boilers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Building
11.10.2 Hotels
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Non-condensing Boilers
12.6.2 Condensing Boilers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Building
12.10.2 Hotels
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Non-condensing Boilers
13.6.2 Condensing Boilers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Building
13.10.2 Hotels
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Combi Boilers Market: Competitive Dashboard
14.2 Global Commercial Combi Boilers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Viessmann
14.3.3 Vaillant
14.3.4 Ideal Boilers
14.3.5 Baxi
14.3.6 Vokèra
14.3.7 Rheem
14.3.8 U.S. Boiler Company
14.3.9 Navien
14.3.10 Ariston
14.3.11 Biasi
14.3.12 Slant/Fin
14.3.13 Lennox
14.3.14 Crown
