Global Condensing Gas Boiler Market 2024-2028
The condensing gas boiler market is forecasted to grow by USD 4696.8 mn during 2023-2028, accelerating at a CAGR of 4.76% during the forecast period. The report on the condensing gas boiler market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing focus on energy efficiency, rapid growth in urbanization, and stringent regulations for reducing carbon emissions.
Technavio's condensing gas boiler market is segmented as below:
- By Product Type
- Wall hung condensing gas boilers
- Floor standing condensing gas boilers
- By End-user
- Residential
- Commercial
- Industrial
- By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the innovations in condensing gas boiler design as one of the prime reasons driving the condensing gas boiler market growth during the next few years. Also, integration with smart technology and innovative marketing strategies adopted by vendors will lead to sizable demand in the market.
The report on the condensing gas boiler market covers the following areas:
- Condensing gas boiler market sizing
- Condensing gas boiler market forecast
- Condensing gas boiler market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading condensing gas boiler market vendors that include A. O. Smith Corp., Ariston Holding NV, BDR Thermea Group, Daikin Industries Ltd., Ferroli Spa, Hoval Group, IBC Technologies Inc, Ideal Heating Ltd., Immergas S.p.A, MHG Heating Ltd., Navien Inc., Rinnai America Corp., Robert Bosch GmbH, Sime Ltd., STIEBEL ELTRON GmbH and Co. KG, Thermona spol s.r.o., Vaillant Group, Viessmann Climate Solutions SE, Watts Water Technologies Inc., and Weishaupt Corp.. Also, the condensing gas boiler market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.