Global Oil Condensing Boiler Market Growth 2025-2031

Global Oil Condensing Boiler Market Growth 2025-2031

The global Oil Condensing Boiler market size is predicted to grow from US$ 489 million in 2025 to US$ 588 million in 2031; it is expected to grow at a CAGR of 3.1% from 2025 to 2031.

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.

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.

LP Information, Inc. (LPI) ' newest research report, the “Oil Condensing Boiler Industry Forecast” looks at past sales and reviews total world Oil Condensing Boiler sales in 2024, providing a comprehensive analysis by region and market sector of projected Oil Condensing Boiler sales for 2025 through 2031. 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.

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.

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 analysing 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 by Type, by Application?