Stratview Research has published a new report titled “Combi Boiler Market” which is segmented by Type (HaloCombi Boiler/Hydride Functional Combi Boiler and Organofunctional Combi Boiler), by Application Type (Fiberglass & Mineral Wool, Paints & Coatings, Polyolefin Compounds, Adhesives & Sealants, Sol-gel System, Fillers & Pigments, Foundry & Foundry Resins, Silicones, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

As per the study, the market is expected to grow from USD 23.07 billion in 2022 to USD 31.36 billion by 2028 at a healthy CAGR of 5.2% during the forecast period of 2023-2028.

A combi boiler is a type of boiler that provides both hot water and central heating in the same system. It has several advantages, such as high efficiency, compact size, ease of installation, and the ability to provide hot water on demand.

It has an average shelf life of 15-20 years, depending on factors such as operating conditions, fuel usage, and maintenance.

Report Highlights

This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the industry’s market dynamics. It thoroughly analyzes the market segments, including products, applications, and competitor analysis.

The market is bifurcated into various segments. Below given is the segment-wise analysis -

By Fuel Type

The market is segmented into natural gas, oil, and others. 

Oil is estimated to account for the major share of the market, during the forecast period, owing to the shifting focus toward the installation of sustainable technologies and the presence of robust supply networks in developed and emerging economies.

By Technology Type

The market is bifurcated into condensing and non-condensing.

 Condensing Technology is estimated to register higher growth in the market because of the stringent environmental regulations aimed at reducing harmful GHG emissions and promoting low-emission technologies, fuelling the overall industry growth during the forecast period.

Which Region is expected to remain the largest market?

North America is estimated to dominate the combi boiler market during the forecast period.

Factors such as increasing replacement rates for traditional heating systems and the growing demand for energy-efficient space and water heating systems are some of the key factors fueling the growth of the North American combi boiler market during the forecast period.

Who are the Key Players in the Market?

This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market.

The following are the key players acting in the Combi Boiler Market:

• A. O. Smith Corporation
• BDR Thermea Group
• Bosch Thermotechnology
• Daikin
• Ferroli S.P.A.
• Fondital S.P.A.
• Hoval
• Vaillant Group
• Viessmann
• Wolf GmbH.

Key questions answered by the report.

• What is the projected CAGR for revenue from the Combi Boiler Market during the forecast period?
• What would the market be valued at by 2028?
• What is a major driving factor for the growth of the market?
• Which region accounted for the largest revenue share in the Combi Boiler Market?
• Which are the major market players?

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