Global Oil Condensing Boiler Market Growth 2023-2029

Global Oil Condensing Boiler Market Growth 2023-2029

Oil condensing boilers are water heaters fueled by oil. They achieve high efficiency (typically greater than 90% on the higher heating value) by condensing water vapour in the exhaust gases and so recovering its latent heat of vaporisation, which would otherwise have been wasted. This condensed vapour leaves the system in liquid form, via a drain. In many countries, the use of condensing boilers is compulsory or encouraged with financial incentives.
LPI (LP Information)' newest research report, the “Oil Condensing Boiler Industry Forecast” looks at past sales and reviews total world Oil Condensing Boiler sales in 2022, providing a comprehensive analysis by region and market sector of projected Oil Condensing Boiler sales for 2023 through 2029. With Oil Condensing Boiler sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oil Condensing Boiler industry.
This Insight Report provides a comprehensive analysis of the global Oil Condensing Boiler landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oil Condensing Boiler portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Oil Condensing Boiler market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oil Condensing Boiler and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oil Condensing Boiler.
The global Oil Condensing Boiler market size is projected to grow from US$ 461.3 million in 2022 to US$ 571.7 million in 2029; it is expected to grow at a CAGR of 571.7 from 2023 to 2029.
The oil condensing boilers is classified into the floor standing boiler and wall mounted boiler according to the product type. As of 2019, floor standing oil condensing boilers segment dominates the market contributing more than 73% of the total market share.
The oil condensing boilers market is concentrated market; key players include Worcester Bosch, Wolf GmbH, Viessmann, Grant Engineering, KD Navien, August Brotje GmbH, ELCO, De Dietrich Heating, Hoval, ROTEXP, FERROLI, Mistral Boilers, MHG Heating; the revenue of top five manufacturers accounts about 52% of the total revenue, in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Oil Condensing Boiler market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Floor Standing Boiler
Wall Mounted Boiler
Segmentation by application
Residential
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Worcester Bosch
Wolf GmbH
Viessmann
Grant Engineering
KD Navien
August Brotje GmbH
ELCO
De Dietrich Heating
Hoval
ROTEXP
FERROLI
Mistral Boilers
MHG Heating
Key Questions Addressed in this Report
What is the 10-year outlook for the global Oil Condensing Boiler market?
What factors are driving Oil Condensing Boiler market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Oil Condensing Boiler market opportunities vary by end market size?
How does Oil Condensing Boiler break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.