Combi Boiler Market is valued at USD 25.62 Billion in 2021 and is expected to reach USD 35.15 Billion by 2028 with a CAGR of 4.62% over the forecast period.
Growing urbanization and rising demand for effective heating systems are expected to drive the Global Combi Boilers Market during the forecast period.
Scope of Global Combi Boiler Market Report:-
A combination or 'combi' boiler is both a high-efficiency water heater and a central heating boiler in a single compact unit. Combi boiler installations also require less pipework, reducing the initial costs and the chances of a leaking pipe. About 70% of UK homeowners choose combi boilers over conventional boilers citing its efficiency and compact design as the key desirable features. Combi boilers are hooked to the mains water supply and provide instant hot water on demand. For example, changing from an E-rated boiler to a new A-rated combi in a mid-floor flat only saves 55 pounds a year on gas; replacing an F-rated boiler in a detached house, however, could save 210 pounds.
Global combi boiler market report is segmented on the basis of type, application, region & country level. Based upon type, the combi boiler market is classified as fuel and technology. Based upon application, combi boiler market is classified into natural gas, oil, condensing and non-condensing.
The regions covered in this Global Combi boiler market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Combi boiler is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Combi Boiler Manufacturers:
Combi boiler Market Report covers prominent players are like,
Global Combi Boiler Market Segmentation:-
By Type: -
By Application:-
Global Combi boiler market Report covers prominent players are like BDR Thermea Group, Daikin, Hoval, HTP, Viessmann, Fondital, Wolf, Ferroli, A. O. Smith Corporation, Vaillant Group, ACV, KyungDongNavien, SIME, Ariston Thermo Group, Groupe Atlantic, Bosch Thermotechnology and others.
Growing Urbanization and Rising Demand for Effective Heating Systems are Expected to Drive the Global Combi Boilers Market During the Forecast Period.
Growing urbanization is expected to drive the growth of the combi boilers market. On the basis of analysis, the industrial boiler population for the Gas Research Institute estimated that a majority of combi boilers (60 percent) were concentrated in the five major steam-consuming industries. In the analysis the largest number of boilers were in the food and chemicals industries, which accounted for 35 percent of the units in the inventory. The paper and chemicals industries had the largest number of boilers. Population growth is fast in urban areas of less developed regions, with the urban population estimated to grow from 3.9 billion people nowadays to 6.3 billion in 2050. Although older heater and boiler systems had efficiencies within the vary of 56% to 70%, modern conventional heating systems can complete efficiencies as high as 98.5%, converting nearly all the fuel to useful heat for home. Development furnace or boiler from 56% to 90% efficiency in an ordinary cold-climate house will save 1.5 tons of carbon dioxide emissions annually if heat with gas, or 2.5 tons if heat with oil.
However, space availability control and temperature and pressure limitations regarding material strength in the boiler may hamper the market growth. Condensing boilers have fixed-state efficiencies that range from 86% to 98% depending on boiler operation. This presents a significant opportunity for GSA to reduce its energy consumption and reduce annual utility costs region-wide.
Europe is Expected to Witness a Significant Growth in the Global Combi Boiler Market.
Europe has been one of the most fervent supporters of renewable heat technologies. In 2018, the European Union (EU) established its first binding renewable heating and cooling target to be implemented at the national level, while simultaneously working towards the region-wide goal of a decarbonized buildings sector by 2050. The UK is a global leader in the gas boiler market, which has continued developing the cutting advantageous technologies that now exceed the minimum standards set last decade.
In Asia Pacific, China has the most extensive water heater energy group program among the three economies as they have energy labels for electric, gas, and heat pump water heaters. Estimated water heater primary energy consumption in China for the BAU, Recommended Policy and LLCC Scenarios, Water heater energy demand is expected to rise by over a factor of 2.8 from 2015 to 2035. China has obligatory MEPS and labeling requirements for gas-fired instantaneous water heaters and hot water combi-boilers, electric storage water heaters, heat pump water heaters, and solar water heating systems.
Report Analysis |
Details |
Historical data |
2015 - 2020 |
Forecast Period |
2021 - 2028 |
Market Size in 2021: |
USD 25.62 Billion |
Base year considered |
2020 |
Forecast Period CAGR %: |
4.62% |
Market Size Expected in 2028: |
USD 35.15 Billion |
Tables, Charts & Figures: |
175 |
Pages |
200 |
Combi Boiler Companies |
BDR Thermea Group, Daikin, Hoval, HTP, Viessmann, Fondital, Wolf, Ferroli, A. O. Smith Corporation, Vaillant Group, ACV, KyungDongNavien, SIME, Ariston Thermo Group, Groupe Atlantic, Bosch Thermotechnology, and others. |
Segments Covered |
By Type, By Application |
Regional Analysis |
North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa |
Key Benefits for Combi Boiler Market Report–
On Special Requirements Combi Boiler Market Report is also available for the below Regions and Country:
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
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