表紙：コンビボイラーの世界市場：成長、将来展望、競合分析 (2024年～2032年)
市場調査レポート
商品コード
1642620

コンビボイラーの世界市場：成長、将来展望、競合分析 (2024年～2032年)

Combi Boiler Market - Growth, Future Prospects and Competitive Analysis, 2024 - 2032

出版日
ページ情報
英文 173 Pages
納期
即日から翌営業日
コンビボイラーの世界市場：成長、将来展望、競合分析 (2024年～2032年)
出版日: 2024年11月07日
発行: Acute Market Reports
ページ情報: 英文 173 Pages
納期: 即日から翌営業日
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  • 概要
  • 図表
  • 目次
概要

コンビボイラー市場は、2024年から2032年の予測期間中にCAGR 8.3%で成長する見込みです。コンビ (コンビネーション) ボイラーは、1台のコンパクトなユニットで給湯と暖房の両方を行う非常に効率的な方法を提供するため、暖房市場で大きな支持を得ています。別々の貯湯タンクを必要とする従来のボイラーシステムとは異なり、コンビボイラーは、蛇口をひねれば水道管から直接お湯を沸かすことができます。つまり、費用対効果に優れ、省スペースなソリューションであり、特にスペースが限られている小規模住宅に適しています。その効率性は、煙道を通じて失われるはずの熱を再利用し、全体的なエネルギー効率を高める復水式ボイラー技術の採用によってさらに強調されています。

促進要因

エネルギー価格の上昇と費用対効果の高いソリューションへの需要

エネルギー価格が世界的に上昇を続ける中、住宅所有者や建設業者は、よりエネルギー効率の高い暖房ソリューションにシフトしています。コンビボイラーは、タンク内の水を加熱・再加熱する必要がないため、従来のシステムと比べてエネルギー消費量を大幅に削減でき、光熱費を直接削減できます。さらに、設置プロセスがシンプルで侵襲性が低いため、初期投資コストの削減にも貢献します。多くの地域で政府がカーボンフットプリントの削減を目的とした規制を実施しており、コンビボイラーのようなエネルギー効率の高い機器の採用をさらに後押ししています。

ボイラー設計と機能における技術進歩

技術革新はコンビボイラー市場に大きな影響を与えています。最新のコンビボイラーは、より効率的な熱交換とより低い排ガス温度を保証する凝縮技術を備えており、その結果、エネルギー効率評価が高くなっています。さらに、多くの最新モデルはスマートホーム技術に対応しており、ユーザーはスマートフォンやタブレットで暖房を遠隔操作できます。このようなIoT技術との統合は、ユーザーの利便性を高めるだけでなく、エネルギー管理を改善し、暖房の正確な制御と無駄の削減を可能にします。

気候変動による暖房時期の長期化

気候変動により、世界各地で天候が不安定になり、寒い季節が長くなっています。この変化により、信頼性が高く効率的な性能を提供できる暖房ソリューションへの需要が高まっています。オンデマンドで熱と温水を供給できるコンビボイラーは、冬が長い地域にとって特に有利です。コンビボイラーのコンパクトな性質と迅速な応答時間は、継続的な暖房の必要性にとって理想的な選択肢であり、それによって寒冷地全域の住宅市場での採用増加を支えています。

阻害要因

高い買い替えコストと新興国市場における飽和状態

コンビボイラーはエネルギー効率に優れ、省スペースですが、既存の従来型ボイラーシステムをコンビシステムに交換する際にかかる費用は、多くの住宅所有者にとって法外に高額になる可能性があります。これには、新しいボイラーの費用だけでなく、古いタンクの撤去や配管の適合など、家庭の暖房システム基盤の大幅な変更も含まれます。さらに、多くの新興国市場では、コンビボイラー市場は飽和状態に近づいており、新築物件では高い普及率、古い物件では大規模な買い替えが行われています。このような飽和状態は、新規参入企業にとっては課題となり、既存企業にとっては成長機会が制限されます。

技術別市場セグメンテーション

コンビボイラー市場では、復水式ボイラーと非復水式ボイラーが技術別に区分され、それぞれが市場ダイナミクスの形成に重要な役割を果たしています。復水式コンビボイラーは、その優れたエネルギー効率と、温室効果ガスの排出削減を支持する世界のエネルギー規制との整合性により、年間平均成長率 (CAGR) が最も高くなると予測されています。これらのボイラーは、通常は煙道を通して逃げてしまう熱を回収して再利用するように設計されており、効率が大幅に向上しています。その結果、復水式コンビボイラーは、長期的に費用対効果が高いだけでなく、環境への影響も少ないため、新規設置や改修プロジェクトで好まれる選択肢となっています。逆に、非復水式コンビボイラーは、排ガスを再利用しないためエネルギー効率が低く、歴史的に収益面で市場のかなりのシェアを占めてきました。この大きな収益基盤は、初期コストが低く、環境規制がそれほど厳しくない地域で広く使用されていることに起因しています。しかし、より多くの国が厳しいエネルギー効率規制を実施するにつれて、市場シェアは低下しています。復水技術へのシフトは、エネルギー効率の高い暖房ソリューションの採用にインセンティブを与える多くの国の政府政策によって強化されており、復水式ボイラーセグメントの成長を促進しています。

燃料別市場セグメンテーション

コンビボイラー市場の燃料タイプ別セグメンテーションには、天然ガス、石油・ガス、電気、その他の燃料が含まれ、各セグメントは特定の地理的・経済的状況に対応しています。天然ガスコンビボイラーが収益面で優位を占めており、最も高いCAGRで成長すると予想されています。この優位性は、多くの地域で天然ガスが広く利用可能であることと、石油ベースのシステムと比べてコスト効率が高く二酸化炭素排出量が少ないことによります。天然ガスボイラーは、ガス配給網が発達している地域では特に普及しています。電気式コンビボイラーは、市場に占める割合は小さいもの、再生可能エネルギーによる発電が増加している地域で急成長を遂げています。その成長を後押ししているのは、電化と持続可能性への世界のシフトであり、現場での排出がゼロであるため、大気汚染の削減を目指す都市環境において魅力的なものとなっています。石油焚きコンビボイラーは、一般的ではありませんが、天然ガスのインフラが整っていない地域では不可欠です。しかし、その市場での存在感は、より環境に優しい燃料を求める世界の動きによって低下しており、長期的な成長の可能性に影響を及ぼしています。バイオマスや石炭などのその他の燃料は「その他」のカテゴリーに含まれ、経済的理由や物流上の理由から従来のエネルギー源が使用され続けている特定の市場で重要な役割を担っています。

地理的セグメント

コンビボイラー市場では、地域ごとに異なる動向と成長ダイナミクスが示されています。欧州は伝統的に支配的な市場であり、復水式コンビボイラーなどのエネルギー効率の高い暖房ソリューションの使用を義務付ける厳しい環境規制により、最も高い収益を生み出しています。アジア太平洋地域は、急速な都市化、住宅部門の拡大、環境意識の高まりによって、2024年から2032年にかけて最も高い年間平均成長率 (CAGR) を示すと予想されています。この成長は、中国やインドなど人口の多い国々で持続可能なエネルギー慣行を推進する政府のイニシアチブによってさらに支えられます。一方、北米は、旧式のボイラーシステムからより効率的な新モデルへの買い替えが進んでおり、エネルギー効率の高い家庭用暖房ソリューションへの嗜好が高まっていることから、大きな成長が期待できる堅調な市場です。

競合動向

コンビボイラー市場の競合情勢は非常にダイナミックで、老舗企業と新興企業が混在し、技術革新や戦略的提携を通じて市場シェアの拡大に努めています。Ariston Holding、A.O. Smith、Bosch Thermotechnology、Viessmann、Alpha Heating Innovation、Bradford White、Daikin Industries、Electric Heating Company、Electric Heating Systems、Ferroli、HTP、Laars Heating Systems、Lochinvar、Navien、Rheem Manufacturing、Rinnai America、Thermo 2000、Thermodyne Boilers、Triangle Tube、Weil-McLainなどの主要企業は、強固な製品ポートフォリオと世界の存在感で認められています。2022年には、これらの企業は確立された市場ポジションとエネルギー効率の高いボイラーの包括的な製品群により、大きな収益額を示しました。ダイキン工業とナビエンも、ボイラーの機能性とユーザーエクスペリエンスを向上させるためのIoT技術の統合に強力に注力しており、極めて重要な存在となっています。Rheem ManufacturingとRinnai Americaは、凝縮技術の進歩で注目され、エネルギー効率の高いコンビボイラーソリューションのリーダーとして位置づけられています。これらのプレーヤーに共通する競争戦略には、新興市場を開拓するための地理的拡大だけでなく、合併や買収も含まれます。例えば、ボッシュ・サーモテクノロジーとヴィースマンは、ボイラー・ソリューションの革新と強化のための研究開発に一貫して投資し、さまざまな地域のエネルギー基準への適合を確保しています。2024年から2032年にかけて、これらの主要企業は、環境に優しい暖房ソリューションに対する需要の高まりに対応するため、先進技術を活用し、新たな地域に進出することで、市場での存在感をさらに確固たるものにすると予想されます。このような戦略的注力により、予測期間中の成長が促進され、世界のコンビボイラー市場における主導権を維持すると予想されます。

目次

第1章 序文

  • 分析内容
    • 分析の目的
    • 対象者
    • 主な提供内容
  • 市場セグメンテーション
  • 分析手法
    • フェーズⅠ：二次調査
    • フェーズⅡ：一次調査
    • フェーズⅢ：有識者レビュー
    • 前提条件
    • 採用したアプローチ

第2章 エグゼクティブサマリー

第3章 コンビボイラー市場：競合分析

  • 主要ベンダーの市場ポジショニング
  • ベンダーが採用した戦略
  • 主要な産業戦略

第4章 コンビボイラー市場：マクロ分析と市場力学

  • イントロダクション
  • 世界のコンビボイラー市場 (金額ベース、2022～2032年)
  • 市場力学
    • 市場促進要因
    • 市場抑制要因
    • 主な課題
    • 主な機会
  • 促進要因と抑制要因の影響分析
  • シーソー分析
  • ポーターのファイブフォースモデル
    • サプライヤーパワー
    • バイヤーパワー
    • 代替品の脅威
    • 新規参入業者の脅威
    • 競争企業間の敵対関係
  • PESTEL分析
    • 政治的情勢
    • 経済的情勢
    • 技術的情勢
    • 法的情勢
    • 社会的情勢

第5章 コンビボイラー市場：技術別 (2022～2032年)

  • 市場概要
  • 成長・収益分析：2023 vs 2032
  • 市場セグメンテーション
    • 復水式
    • 非復水式

第6章 コンビボイラー市場：燃料別 (2022～2032年)

  • 市場概要
  • 成長・収益分析：2023 vs 2032
  • 市場セグメンテーション
    • 天然ガス
    • 石油
    • 電気
    • その他

第7章 北米のコンビボイラー市場 (2022～2032年)

  • 市場概要
  • コンビボイラー市場：技術別 (2022～2032年)
  • コンビボイラー市場：燃料別 (2022～2032年)
  • コンビボイラー市場：地域別 (2022～2032年)
    • 北米
      • 米国
      • カナダ
      • その他北米地域

第8章 英国・EU諸国のコンビボイラー市場 (2022～2032年)

  • 市場概要
  • コンビボイラー市場：技術別 (2022～2032年)
  • コンビボイラー市場：燃料別 (2022～2032年)
  • コンビボイラー市場：地域別 (2022～2032年)
    • 英国・EU諸国
      • 英国
      • ドイツ
      • スペイン
      • イタリア
      • フランス
      • その他欧州地域

第9章 アジア太平洋のコンビボイラー市場 (2022～2032年)

  • 市場概要
  • コンビボイラー市場：技術別 (2022～2032年)
  • コンビボイラー市場：燃料別 (2022～2032年)
  • コンビボイラー市場：地域別 (2022～2032年)
    • アジア太平洋
      • 中国
      • 日本
      • インド
      • オーストラリア
      • 韓国
      • その他アジア太平洋地域

第10章 ラテンアメリカのコンビボイラー市場 (2022～2032年)

  • 市場概要
  • コンビボイラー市場：技術別 (2022～2032年)
  • コンビボイラー市場：燃料別 (2022～2032年)
  • コンビボイラー市場：地域別 (2022～2032年)
    • ラテンアメリカ
      • ブラジル
      • メキシコ
      • その他ラテンアメリカ地域

第11章 中東・アフリカのコンビボイラー市場 (2022～2032年)

  • 市場概要
  • コンビボイラー市場：技術別 (2022～2032年)
  • コンビボイラー市場：燃料別 (2022～2032年)
  • コンビボイラー市場：地域別 (2022～2032年)
    • 中東・アフリカ
      • GCC
      • アフリカ
      • その他中東・アフリカ地域

第12章 企業プロファイル

  • Ariston Holding
  • A.O. Smith
  • Bosch Thermotechnology
  • Viessmann
  • Alpha Heating Innovation
  • Bradford White
  • Daikin Industries
  • Electric Heating Company
  • Electric Heating Systems
  • Ferroli
  • HTP
  • Laars Heating Systems
  • Lochinvar
  • Navien
  • Rheem Manufacturing
  • Rinnai America
  • Thermo 2000
  • Thermodyne Boilers
  • Triangle Tube
  • Weil-McLain
  • その他の主要企業
図表

List of Tables

  • TABLE 1 Global Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 2 Global Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 3 North America Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 4 North America Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 5 U.S. Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 6 U.S. Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 7 Canada Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 8 Canada Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 9 Rest of North America Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 10 Rest of North America Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 11 UK and European Union Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 12 UK and European Union Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 13 UK Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 14 UK Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 15 Germany Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 16 Germany Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 17 Spain Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 18 Spain Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 19 Italy Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 20 Italy Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 21 France Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 22 France Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 23 Rest of Europe Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 24 Rest of Europe Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 25 Asia Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 26 Asia Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 27 China Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 28 China Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 29 Japan Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 30 Japan Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 31 India Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 32 India Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 33 Australia Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 34 Australia Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 35 South Korea Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 36 South Korea Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 37 Latin America Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 38 Latin America Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 39 Brazil Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 40 Brazil Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 41 Mexico Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 42 Mexico Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 43 Rest of Latin America Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 44 Rest of Latin America Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 45 Middle East and Africa Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 46 Middle East and Africa Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 47 GCC Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 48 GCC Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 49 Africa Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 50 Africa Combi Boiler Market By Fuel, 2022-2032, USD (Million)
  • TABLE 51 Rest of Middle East and Africa Combi Boiler Market By Technology, 2022-2032, USD (Million)
  • TABLE 52 Rest of Middle East and Africa Combi Boiler Market By Fuel, 2022-2032, USD (Million)

List of Figures

  • FIG. 1 Global Combi Boiler Market: Market Coverage
  • FIG. 2 Research Methodology and Data Sources
  • FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
  • FIG. 4 Global Combi Boiler Market: Quality Assurance
  • FIG. 5 Global Combi Boiler Market, By Technology, 2023
  • FIG. 6 Global Combi Boiler Market, By Fuel, 2023
  • FIG. 7 Global Combi Boiler Market, By Geography, 2023
  • FIG. 8 Market Geographical Opportunity Matrix - Global Combi Boiler Market, 2023
  • FIG. 9Market Positioning of Key Combi Boiler Market Players, 2023
  • FIG. 10Global Combi Boiler Market - Tier Analysis - Percentage of Revenues by Tier Level, 2023 Versus 2032
  • FIG. 11 Global Combi Boiler Market, By Technology, 2023 Vs 2032, %
  • FIG. 12 Global Combi Boiler Market, By Fuel, 2023 Vs 2032, %
  • FIG. 13 U.S. Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 14 Canada Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 15 Rest of North America Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 16 UK Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 17 Germany Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 18 Spain Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 19 Italy Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 20 France Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 21 Rest of Europe Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 22 China Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 23 Japan Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 24 India Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 25 Australia Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 26 South Korea Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 27 Rest of Asia Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 28 Brazil Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 29 Mexico Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 30 Rest of Latin America Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 31 GCC Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 32 Africa Combi Boiler Market (US$ Million), 2022 - 2032
  • FIG. 33 Rest of Middle East and Africa Combi Boiler Market (US$ Million), 2022 - 2032
目次
Product Code: 140749-11-24

The combi boilers market is expected to grow at a CAGR of 8.3% during the forecast period of 2024 to 2032. Combi (combination) boilers have gained significant traction in the heating market as they provide a highly efficient way to both heat water and warm a property from a single compact unit. Unlike conventional boiler systems, which require separate hot water storage tanks, combi boilers heat water directly from the mains when a tap is turned on. This means they are cost-effective and space-saving solutions, particularly suitable for smaller homes where space might be limited. Their efficiency is further underscored by the adoption of condensing boiler technology, which recaptures heat that would otherwise be lost via the flue, enhancing overall energy efficiency.

Drivers

Increasing Energy Prices and Demand for Cost-effective Solutions

As energy prices continue to climb globally, homeowners and builders are shifting towards more energy-efficient heating solutions. Combi boilers offer a significant reduction in energy consumption compared to traditional systems by eliminating the need to heat and reheat water in a tank, thus directly reducing utility bills. Additionally, the installation process is simpler and less invasive, which can also contribute to lower initial investment costs. Governments in many regions have implemented regulations aimed at reducing carbon footprints, which further drive the adoption of energy-efficient appliances like combi boilers.

Technological Advancements in Boiler Design and Functionality

Technological innovations have significantly impacted the combi boiler market. Modern combi boilers are equipped with condensing technology that ensures more efficient heat exchange and lower flue gas temperatures, resulting in higher energy efficiency ratings. Additionally, many newer models are now compatible with smart home technologies, allowing users to control heating remotely via smartphones or tablets. This integration with IoT technologies not only enhances user convenience but also improves energy management, allowing for precise control over heating and reducing waste.

Climatic Changes Leading to Longer Heating Seasons

Climate change has resulted in unpredictable weather patterns and extended cold seasons in various parts of the world. This shift has led to increased demand for heating solutions that can provide reliable and efficient performance. Combi boilers, with their ability to provide heat and hot water on demand, are particularly advantageous for regions experiencing longer winters. The compact nature and swift response time of combi boilers make them an ideal choice for continuous heating requirements, thereby supporting their increased adoption in residential markets across colder climates.

Restraint

High Replacement Costs and Market Saturation in Developed Regions

While combi boilers are energy-efficient and space-saving, the cost associated with replacing an existing conventional boiler system with a combi system can be prohibitively high for many homeowners. This includes not only the cost of the new boiler but also significant alterations to the home's heating system infrastructure, such as removing old tanks and adapting pipework. Additionally, in many developed regions, the market for combi boilers is nearing saturation, with a high penetration rate in new buildings and extensive replacements in older properties. This saturation poses challenges for new market entrants and limits growth opportunities for established players, as the majority of sales in these regions stem from replacements rather than new installations.

Market Segmentation by Technology

In the combi boiler market, the technology segmentation includes condensing and non-condensing boilers, each playing a crucial role in shaping market dynamics. Condensing combi boilers are projected to exhibit the highest Compound Annual Growth Rate (CAGR) due to their superior energy efficiency and alignment with global energy regulations that favor reduced greenhouse gas emissions. These boilers are designed to capture heat that would normally escape through the flue and recycle it, which significantly enhances their efficiency. As a result, condensing combi boilers are not only more cost-effective in the long term but also have lower environmental impacts, making them a favored choice in new installations and retrofitting projects. Conversely, non-condensing combi boilers, which do not recycle flue gases and therefore are less energy efficient, have historically accounted for a substantial share of the market in terms of revenue. This large revenue base is attributed to their lower initial cost and widespread usage in regions with less stringent environmental regulations. However, their market share is declining as more countries implement strict energy efficiency mandates. The shift towards condensing technology is reinforced by governmental policies in many countries, which provide incentives for the adoption of energy-efficient heating solutions, thus driving the growth of the condensing boiler segment.

Market Segmentation by Fuel

Segmentation of the combi boiler market by fuel type includes natural gas, oil, electric, and other fuels, with each segment catering to specific geographic and economic contexts. Natural gas combi boilers dominate in terms of revenue generation and are expected to grow at the highest CAGR. This dominance is due to the widespread availability of natural gas in many regions, coupled with its cost efficiency and lower carbon emissions compared to oil-based systems. Natural gas boilers are particularly prevalent in areas with well-developed gas distribution networks. Electric combi boilers, although they represent a smaller fraction of the market, are witnessing rapid growth in regions with increasing electricity generation from renewable sources. Their growth is propelled by the global shift towards electrification and sustainability, as they offer zero onsite emissions, making them attractive in urban settings that aim to reduce air pollution. Oil-fired combi boilers, while less common, are essential in areas lacking natural gas infrastructure. However, their market presence is challenged by the global push towards greener fuels, which impacts their long-term growth potential. Other fuels, such as biomass and coal, are included in the "Others" category and are critical in specific markets where traditional energy sources remain in use due to economic or logistical reasons.

Geographic Segment

The geographic segmentation of the combi boiler market showcases distinct trends and growth dynamics across different regions. Europe has traditionally been the dominant market, generating the highest revenue due to stringent environmental regulations that mandate the use of energy-efficient heating solutions, such as condensing combi boilers. The Asia Pacific region is expected to exhibit the highest Compound Annual Growth Rate (CAGR) from 2024 to 2032, driven by rapid urbanization, expanding residential sectors, and increasing environmental awareness. This growth is further supported by government initiatives promoting sustainable energy practices in populous countries such as China and India. Meanwhile, North America remains a robust market with significant growth potential due to the ongoing replacement of older boiler systems with new, more efficient models and a growing preference for energy-efficient home heating solutions.

Competitive Trends

The competitive landscape in the combi boiler market is highly dynamic, with a mix of well-established players and emerging contenders striving to expand their market share through innovation and strategic partnerships. Top players such as Ariston Holding, A.O. Smith, Bosch Thermotechnology, Viessmann, Alpha Heating Innovation, Bradford White, Daikin Industries, Electric Heating Company, Electric Heating Systems, Ferroli, HTP, Laars Heating Systems, Lochinvar, Navien, Rheem Manufacturing, Rinnai America, Thermo 2000, Thermodyne Boilers, Triangle Tube, and Weil-McLain are recognized for their robust product portfolios and strong global presence. In 2022, these companies demonstrated significant revenue figures due to their established market positions and comprehensive range of energy-efficient boilers. Daikin Industries and Navien have also been pivotal, with a strong focus on integrating IoT technologies to enhance boiler functionality and user experience. Rheem Manufacturing and Rinnai America are noted for their advancements in condensing technology, which have positioned them as leaders in energy-efficient combi boiler solutions. The competitive strategy common among these players includes mergers and acquisitions, as well as geographical expansion to tap into emerging markets. For instance, Bosch Thermotechnology and Viessmann have consistently invested in research and development to innovate and enhance their boiler solutions, ensuring compliance with varying regional energy standards. Moving forward from 2024 to 2032, these key players are expected to further solidify their market presence by leveraging advanced technologies and expanding into new geographic areas to meet the growing demand for eco-friendly heating solutions. This strategic focus is anticipated to drive their growth in the forecast period, maintaining their leadership in the global combi boiler market.

Historical & Forecast Period

This study report represents an analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends & technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. The key data points that enable the estimation of Combi Boiler market are as follows:

Research and development budgets of manufacturers and government spending

Revenues of key companies in the market segment

Number of end users & consumption volume, price, and value.

Geographical revenues generated by countries considered in the report

Micro and macro environment factors that are currently influencing the Combi Boiler market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top-down and bottom-up approach for validation of market estimation assures logical, methodical, and mathematical consistency of the quantitative data.

  • Market Segmentation
  • Technology
    • Condensing
    • Non-condensing
  • Fuel
    • Natural gas
    • Oil
    • Electric
    • Others
  • Region Segment (2022-2032; US$ Million)
  • North America
  • U.S.
  • Canada
  • Rest of North America
  • UK and European Union
  • UK
  • Germany
  • Spain
  • Italy
  • France
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East and Africa
  • GCC
  • Africa
  • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Combi Boiler market?
  • What are the key investment pockets concerning product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Combi Boiler market?
  • Which is the largest regional market for Combi Boiler market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Combi Boiler market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Combi Boiler market worldwide?

Table of Contents

1. Preface

  • 1.1. Report Description
    • 1.1.1. Purpose of the Report
    • 1.1.2. Target Audience
    • 1.1.3. Key Offerings
  • 1.2. Market Segmentation
  • 1.3. Research Methodology
    • 1.3.1. Phase I - Secondary Research
    • 1.3.2. Phase II - Primary Research
    • 1.3.3. Phase III - Expert Panel Review
    • 1.3.4. Assumptions
    • 1.3.5. Approach Adopted

2. Executive Summary

  • 2.1. Market Snapshot: Global Combi Boiler Market
  • 2.2. Global Combi Boiler Market, By Technology, 2023 (US$ Million)
  • 2.3. Global Combi Boiler Market, By Fuel, 2023 (US$ Million)
  • 2.4. Global Combi Boiler Market, By Geography, 2023 (US$ Million)
  • 2.5. Attractive Investment Proposition by Geography, 2023

3. Combi Boiler Market: Competitive Analysis

  • 3.1. Market Positioning of Key Combi Boiler Market Vendors
  • 3.2. Strategies Adopted by Combi Boiler Market Vendors
  • 3.3. Key Industry Strategies

4. Combi Boiler Market: Macro Analysis & Market Dynamics

  • 4.1. Introduction
  • 4.2. Global Combi Boiler Market Value, 2022 - 2032, (US$ Million)
  • 4.3. Market Dynamics
    • 4.3.1. Market Drivers
    • 4.3.2. Market Restraints
    • 4.3.3. Key Challenges
    • 4.3.4. Key Opportunities
  • 4.4. Impact Analysis of Drivers and Restraints
  • 4.5. See-Saw Analysis
  • 4.6. Porter's Five Force Model
    • 4.6.1. Supplier Power
    • 4.6.2. Buyer Power
    • 4.6.3. Threat Of Substitutes
    • 4.6.4. Threat Of New Entrants
    • 4.6.5. Competitive Rivalry
  • 4.7. PESTEL Analysis
    • 4.7.1. Political Landscape
    • 4.7.2. Economic Landscape
    • 4.7.3. Technology Landscape
    • 4.7.4. Legal Landscape
    • 4.7.5. Social Landscape

5. Combi Boiler Market: By Technology, 2022-2032, USD (Million)

  • 5.1. Market Overview
  • 5.2. Growth & Revenue Analysis: 2023 Versus 2032
  • 5.3. Market Segmentation
    • 5.3.1. Condensing
    • 5.3.2. Non-condensing

6. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)

  • 6.1. Market Overview
  • 6.2. Growth & Revenue Analysis: 2023 Versus 2032
  • 6.3. Market Segmentation
    • 6.3.1. Natural gas
    • 6.3.2. Oil
    • 6.3.3. Electric
    • 6.3.4. Others

7. North America Combi Boiler Market, 2022-2032, USD (Million)

  • 7.1. Market Overview
  • 7.2. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
  • 7.3. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
  • 7.4.Combi Boiler Market: By Region, 2022-2032, USD (Million)
    • 7.4.1.North America
      • 7.4.1.1. U.S.
        • 7.4.1.1.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 7.4.1.1.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
      • 7.4.1.2. Canada
        • 7.4.1.2.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 7.4.1.2.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
      • 7.4.1.3. Rest of North America
        • 7.4.1.3.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 7.4.1.3.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)

8. UK and European Union Combi Boiler Market, 2022-2032, USD (Million)

  • 8.1. Market Overview
  • 8.2. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
  • 8.3. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
  • 8.4.Combi Boiler Market: By Region, 2022-2032, USD (Million)
    • 8.4.1.UK and European Union
      • 8.4.1.1. UK
        • 8.4.1.1.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 8.4.1.1.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
      • 8.4.1.2. Germany
        • 8.4.1.2.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 8.4.1.2.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
      • 8.4.1.3. Spain
        • 8.4.1.3.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 8.4.1.3.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
      • 8.4.1.4. Italy
        • 8.4.1.4.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 8.4.1.4.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
      • 8.4.1.5. France
        • 8.4.1.5.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 8.4.1.5.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
      • 8.4.1.6. Rest of Europe
        • 8.4.1.6.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 8.4.1.6.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)

9. Asia Pacific Combi Boiler Market, 2022-2032, USD (Million)

  • 9.1. Market Overview
  • 9.2. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
  • 9.3. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
  • 9.4.Combi Boiler Market: By Region, 2022-2032, USD (Million)
    • 9.4.1.Asia Pacific
      • 9.4.1.1. China
        • 9.4.1.1.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 9.4.1.1.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
      • 9.4.1.2. Japan
        • 9.4.1.2.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 9.4.1.2.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
      • 9.4.1.3. India
        • 9.4.1.3.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 9.4.1.3.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
      • 9.4.1.4. Australia
        • 9.4.1.4.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 9.4.1.4.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
      • 9.4.1.5. South Korea
        • 9.4.1.5.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 9.4.1.5.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
      • 9.4.1.6. Rest of Asia Pacific
        • 9.4.1.6.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 9.4.1.6.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)

10. Latin America Combi Boiler Market, 2022-2032, USD (Million)

  • 10.1. Market Overview
  • 10.2. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
  • 10.3. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
  • 10.4.Combi Boiler Market: By Region, 2022-2032, USD (Million)
    • 10.4.1.Latin America
      • 10.4.1.1. Brazil
        • 10.4.1.1.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 10.4.1.1.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
      • 10.4.1.2. Mexico
        • 10.4.1.2.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 10.4.1.2.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
      • 10.4.1.3. Rest of Latin America
        • 10.4.1.3.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 10.4.1.3.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)

11. Middle East and Africa Combi Boiler Market, 2022-2032, USD (Million)

  • 11.1. Market Overview
  • 11.2. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
  • 11.3. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
  • 11.4.Combi Boiler Market: By Region, 2022-2032, USD (Million)
    • 11.4.1.Middle East and Africa
      • 11.4.1.1. GCC
        • 11.4.1.1.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 11.4.1.1.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
      • 11.4.1.2. Africa
        • 11.4.1.2.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 11.4.1.2.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)
      • 11.4.1.3. Rest of Middle East and Africa
        • 11.4.1.3.1. Combi Boiler Market: By Technology, 2022-2032, USD (Million)
        • 11.4.1.3.2. Combi Boiler Market: By Fuel, 2022-2032, USD (Million)

12. Company Profile

  • 12.1. Ariston Holding
    • 12.1.1. Company Overview
    • 12.1.2. Financial Performance
    • 12.1.3. Product Portfolio
    • 12.1.4. Strategic Initiatives
  • 12.2. A.O. Smith
    • 12.2.1. Company Overview
    • 12.2.2. Financial Performance
    • 12.2.3. Product Portfolio
    • 12.2.4. Strategic Initiatives
  • 12.3. Bosch Thermotechnology
    • 12.3.1. Company Overview
    • 12.3.2. Financial Performance
    • 12.3.3. Product Portfolio
    • 12.3.4. Strategic Initiatives
  • 12.4. Viessmann
    • 12.4.1. Company Overview
    • 12.4.2. Financial Performance
    • 12.4.3. Product Portfolio
    • 12.4.4. Strategic Initiatives
  • 12.5. Alpha Heating Innovation
    • 12.5.1. Company Overview
    • 12.5.2. Financial Performance
    • 12.5.3. Product Portfolio
    • 12.5.4. Strategic Initiatives
  • 12.6. Bradford White
    • 12.6.1. Company Overview
    • 12.6.2. Financial Performance
    • 12.6.3. Product Portfolio
    • 12.6.4. Strategic Initiatives
  • 12.7. Daikin Industries
    • 12.7.1. Company Overview
    • 12.7.2. Financial Performance
    • 12.7.3. Product Portfolio
    • 12.7.4. Strategic Initiatives
  • 12.8. Electric Heating Company
    • 12.8.1. Company Overview
    • 12.8.2. Financial Performance
    • 12.8.3. Product Portfolio
    • 12.8.4. Strategic Initiatives
  • 12.9. Electric Heating Systems
    • 12.9.1. Company Overview
    • 12.9.2. Financial Performance
    • 12.9.3. Product Portfolio
    • 12.9.4. Strategic Initiatives
  • 12.10. Ferroli
    • 12.10.1. Company Overview
    • 12.10.2. Financial Performance
    • 12.10.3. Product Portfolio
    • 12.10.4. Strategic Initiatives
  • 12.11. HTP
    • 12.11.1. Company Overview
    • 12.11.2. Financial Performance
    • 12.11.3. Product Portfolio
    • 12.11.4. Strategic Initiatives
  • 12.12. Laars Heating Systems
    • 12.12.1. Company Overview
    • 12.12.2. Financial Performance
    • 12.12.3. Product Portfolio
    • 12.12.4. Strategic Initiatives
  • 12.13. Lochinvar
    • 12.13.1. Company Overview
    • 12.13.2. Financial Performance
    • 12.13.3. Product Portfolio
    • 12.13.4. Strategic Initiatives
  • 12.14. Navien
    • 12.14.1. Company Overview
    • 12.14.2. Financial Performance
    • 12.14.3. Product Portfolio
    • 12.14.4. Strategic Initiatives
  • 12.15. Rheem Manufacturing
    • 12.15.1. Company Overview
    • 12.15.2. Financial Performance
    • 12.15.3. Product Portfolio
    • 12.15.4. Strategic Initiatives
  • 12.16. Rinnai America
    • 12.16.1. Company Overview
    • 12.16.2. Financial Performance
    • 12.16.3. Product Portfolio
    • 12.16.4. Strategic Initiatives
  • 12.17. Thermo 2000
    • 12.17.1. Company Overview
    • 12.17.2. Financial Performance
    • 12.17.3. Product Portfolio
    • 12.17.4. Strategic Initiatives
  • 12.18. Thermodyne Boilers
    • 12.18.1. Company Overview
    • 12.18.2. Financial Performance
    • 12.18.3. Product Portfolio
    • 12.18.4. Strategic Initiatives
  • 12.19. Triangle Tube
    • 12.19.1. Company Overview
    • 12.19.2. Financial Performance
    • 12.19.3. Product Portfolio
    • 12.19.4. Strategic Initiatives
  • 12.20. Weil-McLain
    • 12.20.1. Company Overview
    • 12.20.2. Financial Performance
    • 12.20.3. Product Portfolio
    • 12.20.4. Strategic Initiatives
  • 12.21. Other Notable Players
    • 12.21.1. Company Overview
    • 12.21.2. Financial Performance
    • 12.21.3. Product Portfolio
    • 12.21.4. Strategic Initiatives