Combi Boiler Market, By Type (Fuel and Technology), By Application (Natural Gas, Oil, Others, Condensing, and Non-condensing), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030

Combi Boiler Market accounted for USD 8.24 Million in 2020 and is estimated to be USD 13.37 Million by 2030. It is anticipated to register a CAGR of 5.0%.

As opposed to maintaining hot water in a tank or cylinder, a combi boiler may produce it when it is needed. Your heaters, appliances, and faucets may all use this hot water. It is known as a combi boiler because it is a single device that provides heating and hot water, two 'combined' tasks. Water is heated by a combi boiler by removing it directly from the mains and then heating it as needed. These systems are becoming common for smaller homes because they don't require a cold water feed tank or a hot water storage tank.

Globally, increasing spending on installing energy-efficient space heating systems and a growing emphasis on reducing carbon emissions will boost product demand. Industry statistics will improve throughout the anticipated time due to increased efforts to reduce carbon footprints and the introduction of strict energy efficiency standards for heating technology. Gas-fired combi boiler sales will be driven by consumers' ongoing emphasis on adopting sustainable technologies and price parity. Low fuel costs and ease of storage are two of the most significant factors that have led to an increase in demand for gas-fired heating units. 

Combi Boiler Market is segmented based on type, application and region.

On the basis of type, the Combi Boiler Market is segmented into Passenger Cars, Commercial Vehicles, and Electric Vehicles. On the basis of application, the Combi Boiler Market is segmented into Natural Gas, Oil, Others, Condensing, and Non-condensing. 

Combi Boiler Market Regional Insights:

On basis of region the Combi Boiler Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The growing demand for energy-efficient space and water heating systems is expected to result in a significant increase in the North American market share.

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global Combi Boiler report based on test, application, and region.

Combi Boiler Market, By Type:

• Passenger Cars
• Commercial Vehicles
• Electric Vehicle

Combi Boiler Market, By Application:

• Natural Gas
• Oil
• Others
• Condensing
• Non-condensing

Combi Boiler Market, By Region:

• North America
  • Middle East & Africa
    • • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • • U.S.
    • Canada

The key players operating the Combi Boiler Market Includes BDR Thermea Group, Daikin Industries., Ltd., Hoval, HTP, Viessmann Group, Fondital S.p.a, Wolf GmbH, Ferroli S.p.A, O. Smith Corporation and Vaillant Group.

• BDR Thermea Group
• Daikin Industries., Ltd.
• Hoval
• HTP
• Viessmann Group
• Fondital S.p.a
• Wolf GmbH
• Ferroli S.p.A
• O. Smith Corporation
• Vaillant Group