Residential Boiler Market Research Report—Global Forecast till 2030

Residential Boiler Market By Type (Water Tube Boiler, Fire Tube Boiler, and Electric Boiler), Technology (Condensing and Non-condensing), and Fuel Type (Coal Fired, Oil Fired, Gas Fired), and Region (North America, Europe, Asia-Pacific, and the Rest of the World) — Forecast till 2030

ID: MRFR/IA - E/9407-HCR | August 2022 | Region: Global | 100 Pages         

TABLE OF CONTENTS

1. EXECUTIVE SUMMARY

2. MARKET INTRODUCTION

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Research Objectives

2.2.2. Assumptions & Limitations

2.3. Market Structure

3. MARKET RESEARCH METHODOLOGY

3.1. Research Process

3.2. Secondary Research

3.3. Primary Research

3.4. Forecast Model

4. MARKET LANDSCAPE

4.1. Supply Chain Analysis

4.2. Porter’s Five Forces Analysis

4.2.1. Threat of New Entrants

4.2.2. Bargaining Power of Buyers

4.2.3. Bargaining Power of Suppliers

4.2.4. Threat of Substitutes

4.2.5. Internal Rivalry

4.3. Impact of COVID-19 on Global Residential Boiler Market

4.3.1. Impact on Production

4.3.2. Impact on Raw Material Availability

4.3.3. Impact on Pricing

4.3.4. Others

5. MARKET DYNAMICS OF THE GLOBAL RESIDENTIAL BOILER MARKET

5.1. Introduction

5.2. Drivers

5.3. Restraints

5.4. Opportunities

5.5. Challenges

6. GLOBAL RESIDENTIAL BOILER MARKET, BY TYPE

6.1. Introduction

6.2. Water Tube Boiler

6.2.1. Market Estimates & Forecast, 2019-2030

6.2.2. Market Estimates & Forecast, by region, 2019-2030

6.3. Fire Tube Boiler

6.3.1. Market Estimates & Forecast, 2019-2030

6.3.2. Market Estimates & Forecast, by Region, 2019-2030

6.4. Electric Boiler

6.4.1. Market Estimates & Forecast, 2019-2030

6.4.2. Market Estimates & Forecast, by region, 2019-2030

7. GLOBAL RESIDENTIAL BOILER MARKET, BY TECHNOLOGY

7.1. Introduction

7.2. Condensing

7.2.1. Market Estimates & Forecast, 2019-2030

7.2.2. Market Estimates & Forecast, by Region, 2019-2030

7.3. Non-condensing

7.3.1. Market Estimates & Forecast, 2019-2030

7.3.2. Market Estimates & Forecast, by Region, 2019-2030

8. GLOBAL RESIDENTIAL BOILER MARKET, BY FUEL TYPE

8.1. Introduction

8.2. Coal-Fired

8.2.1. Market Estimates & Forecast, 2019-2030

8.2.2. Market Estimates & Forecast, by Region, 2019-2030

8.3. Oil Fired

8.3.1. Market Estimates & Forecast, 2019-2030

8.3.2. Market Estimates & Forecast, by Region, 2019-2030

8.4. Gas Fired

8.4.1. Market Estimates & Forecast, 2019-2030

8.4.2. Market Estimates & Forecast, by Region, 2019-2030

8.5. Others

8.5.1. Market Estimates & Forecast, 2019-2030

8.5.2. Market Estimates & Forecast, by Region, 2019-2030

9. GLOBAL RESIDENTIAL BOILER MARKET, BY REGION

9.1. Introduction

9.2. North America

9.2.1. Market Estimates & Forecast, 2019-2030

9.2.2. Market Estimates & Forecast, by Type, 2019-2030

9.2.3. Market Estimates & Forecast, by Technology, 2019-2030

9.2.4. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.2.5. Market Estimates & Forecast, by Country, 2019-2030

9.2.6. US

9.2.6.1. Market Estimates & Forecast, by Type, 2019-2030

9.2.6.2. Market Estimates & Forecast, by Technology, 2019-2030

9.2.6.3. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.2.7. Canada

9.2.7.1. Market Estimates & Forecast, by Type, 2019-2030

9.2.7.2. Market Estimates & Forecast, by Technology, 2019-2030

9.2.7.3. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.2.8. Mexico

9.2.8.1. Market Estimates & Forecast, by Type, 2019-2030

9.2.8.2. Merket Estimates & Forecast, by Technology, 2019-2030

9.2.8.3. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.3. Europe

9.3.1. Market Estimates & Forecast, 2019-2030

9.3.2. Market Estimates & Forecast, by Type, 2019-2030

9.3.3. Market Estimates & Forecast, by Technology, 2019-2030

9.3.4. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.3.5. Market Estimates & Forecast, by Country, 2019-2030

9.3.6. Germany

9.3.6.1. Market Estimates & Forecast, by Type, 2019-2030

9.3.6.2. Market Estimates & Forecast, by Technology, 2019-2030

9.3.6.3. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.3.7. UK

9.3.7.1. Market Estimates & Forecast, by Type, 2019-2030

9.3.7.2. Market Estimates & Forecast, by Technology, 2019-2030

9.3.7.3. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.3.8. France

9.3.8.1. Market Estimates & Forecast, by Type, 2019-2030

9.3.8.2. Market Estimates & Forecast, by Technology, 2019-2030

9.3.8.3. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.3.9. Spain

9.3.9.1. Market Estimates & Forecast, by Type, 2019-2030

9.3.9.2. Market Estimates & Forecast, by Technology, 2019-2030

9.3.9.3. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.3.10. Italy

9.3.10.1. Market Estimates & Forecast, by Type, 2019-2030

9.3.10.2. Market Estimates & Forecast, by Technology, 2019-2030

9.3.10.3. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.3.11. Rest of Europe

9.3.11.1. Market Estimates & Forecast, by Type, 2019-2030

9.3.11.2. Market Estimates & Forecast, by Technology, 2019-2030

9.3.11.3. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.4. Asia-Pacific

9.4.1. Market Estimates & Forecast, 2019-2030

9.4.2. Market Estimates & Forecast, by Type, 2019-2030

9.4.3. Market Estimates & Forecast, by Technology, 2019-2030

9.4.4. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.4.5. Market Estimates & Forecast, by Country, 2019-2030

9.4.6. China

9.4.6.1. Market Estimates & Forecast, by Type, 2019-2030

9.4.6.2. Market Estimates & Forecast, by Technology, 2019-2030

9.4.6.3. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.4.7. Japan

9.4.7.1. Market Estimates & Forecast, by Type, 2019-2030

9.4.7.2. Market Estimates & Forecast, by Technology, 2019-2030

9.4.7.3. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.4.8. India

9.4.8.1. Market Estimates & Forecast, by Type, 2019-2030

9.4.8.2. Market Estimates & Forecast, by Technology, 2019-2030

9.4.8.3. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.4.9. Australia & New Zealand

9.4.9.1. Market Estimates & Forecast, by Type, 2019-2030

9.4.9.2. Market Estimates & Forecast, by Technology, 2019-2030

9.4.9.3. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.4.10. Rest of Asia-Pacific

9.4.10.1. Market Estimates & Forecast, by Type, 2019-2030

9.4.10.2. Market Estimates & Forecast, by Technology, 2019-2030

9.4.10.3. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.5. Rest of the World

9.5.1. Market Estimates & Forecast, 2019-2030

9.5.2. Market Estimates & Forecast, by Type, 2019-2030

9.5.3. Market Estimates & Forecast, by Technology, 2019-2030

9.5.4. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.5.5. Market Estimates & Forecast, by Region, 2019-2030

9.5.6. South America

9.5.6.1. Market Estimates & Forecast, by Type, 2019-2030

9.5.6.2. Market Estimates & Forecast, by Technology, 2019-2030

9.5.6.3. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.5.7. Middle East

9.5.7.1. Market Estimates & Forecast, by Type, 2019-2030

9.5.7.2. Market Estimates & Forecast, by Technology, 2019-2030

9.5.7.3. Market Estimates & Forecast, by Fuel Type, 2019-2030

9.5.8. Africa

9.5.8.1. Market Estimates & Forecast, by Type, 2019-2030

9.5.8.2. Market Estimates & Forecast, by Technology, 2019-2030

9.5.8.3. Market Estimates & Forecast, by Fuel Type, 2019-2030

10. COMPETITIVE LANDSCAPE

10.1. Introduction

10.2. Market Strategy

10.3. Key Development Analysis

(Expansions/Mergers & Acquisitions/Joint Ventures/New Service Developments/Agreements/Investments)

11. COMPANY PROFILES

11.1. Ariston Thermo SpA

11.1.1. Company Overview

11.1.2. Financial Updates

11.1.3. Business Segment Overview

11.1.4. Strategies

11.1.5. Key Developments

11.1.6. SWOT Analysis

11.2. Bradford White Corporation

11.2.1. Company Overview

11.2.2. Financial Updates

11.2.3. Business Segment Overview

11.2.4. Strategies

11.2.5. Key Developments

11.2.6. SWOT Analysis

11.3. Burnham Holdings, Inc.

11.3.1. Company Overview

11.3.2. Financial Updates

11.3.3. Business Segment Overview

11.3.4. Strategies

11.3.5. Key Developments

11.3.6. SWOT Analysis

11.4. Ferroli S.P.A.

11.4.1. Company Overview

11.4.2. Financial Updates

11.4.3. Business Segment Overview

11.4.4. Strategies

11.4.5. Key Developments

11.4.6. SWOT Analysis

11.5. Lennox International

11.5.1. Company Overview

11.5.2. Financial Updates

11.5.3. Business Segment Overview

11.5.4. Strategies

11.5.5. Key Developments

11.5.6. SWOT Analysis

11.6. Noritz Corporation

11.6.1. Company Overview

11.6.2. Financial Updates

11.6.3. Business Segment Overview

11.6.4. Strategies

11.6.5. Key Developments

11.6.6. SWOT Analysis

11.7. Robert Bosch GmbH

11.7.1. Company Overview

11.7.2. Financial Updates

11.7.3. Business Segment Overview

11.7.4. Strategies

11.7.5. Key Developments

11.7.6. SWOT Analysis

11.8. Slant/Fin Corporation

11.8.1. Company Overview

11.8.2. Financial Updates

11.8.3. Business Segment Overview

11.8.4. Strategies

11.8.5. Key Developments

11.8.6. SWOT Analysis

11.9. SPX Corporation

11.9.1. Company Overview

11.9.2. Financial Updates

11.9.3. Business Segment Overview

11.9.4. Strategies

11.9.5. Key Developments

11.9.6. SWOT Analysis

11.10. Viessmann Manufacturing Company, Inc

11.10.1. Company Overview

11.10.2. Financial Updates

11.10.3. Business Segment Overview

11.10.4. Strategies

11.10.5. Key Developments

11.10.6. SWOT Analysis

12. CONCLUSION

LIST OF TABLES

TABLE 1 Global Residential Boiler Market, by Region, 2019-2030 (USD Million)

TABLE 2 Global Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 3 Global Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 4 Global Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 5 North America: Residential Boiler Market, by Country, 2019-2030 (USD Million)

TABLE 6 North America: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 7 North America: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 8 North America: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 9 US: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 10 US: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 11 US: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 12 Canada: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 13 Canada: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 14 Canada: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 15 Mexico: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 16 Mexico: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 17 Mexico: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 18 Europe: Residential Boiler Market, by Country, 2019-2030 (USD Million)

TABLE 19 Europe: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 20 Europe: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 21 Europe: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 22 Germany: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 23 Germany: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 24 Germany: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 25 France: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 26 France: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 27 France: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 28 Italy: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 29 Italy: Residential Boiler Market, by Technology, 2019-2030 (USD Million)\

TABLE 30 Italy: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 31 Spain: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 32 Spain: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 33 Spain: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 34 UK: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 35 UK: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 36 UK: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 37 Rest of Europe: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 38 Rest of Europe: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 39 Rest of Europe: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 40 Asia-Pacific: Residential Boiler Market, by Country, 2019-2030 (USD Million)

TABLE 41 Asia-Pacific: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 42 Asia-Pacific: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 43 Asia-Pacific: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 44 China: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 45 China: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 46 China: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 47 India: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 48 India: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 49 India: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 50 Japan: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 51 Japan: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 52 Japan: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 53 Australia & New Zealand: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 54 Australia & New Zealand: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 55 Australia & New Zealand: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 56 Rest of Asia-Pacific: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 57 Rest of Asia-Pacific: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 58 Rest of Asia-Pacific: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 59 Rest of the World (RoW): Residential Boiler Market, by Region, 2019-2030 (USD Million)

TABLE 60 Rest of the World (RoW): Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 61 Rest of the World (RoW): Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 62 Rest of the World (RoW): Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 63 South America: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 64 South America: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 65 South America: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 66 Middle East: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 67 Middle East: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 68 Middle East: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

TABLE 69 Africa: Residential Boiler Market, by Type, 2019-2030 (USD Million)

TABLE 70 Africa: Residential Boiler Market, by Technology, 2019-2030 (USD Million)

TABLE 71 Africa: Residential Boiler Market, by Fuel Type, 2019-2030 (USD Million)

LIST OF FIGURES

FIGURE 1 Global Residential Boiler Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of the Global Residential Boiler Market

FIGURE 4 Value Chain of the Global Residential Boiler Market

FIGURE 5 Share of the Global Residential Boiler Market in 2021, by Country (%)

FIGURE 6 Global Residential Boiler Market, by Region, 2019-2030 ,

FIGURE 7 Global Residential Boiler Market Share, by Type, 2021 (%)

FIGURE 8 Global Residential Boiler Market, by Type, 2019-2030

FIGURE 9 Global Residential Boiler Market Share, by Technology, 2021 (%)

FIGURE 10 Global Residential Boiler Market, by Technology, 2019-2030

FIGURE11 Global Residential Boiler Market Share, by Fuel Type, 2021 (%)

FIGURE 12 Global Residential Boiler Market, by Fuel Type, 2019-2030

Residential Boiler Market

Global Residential Boiler Market Growth is Expected to witness higher CAGR of 6% from the Forecast Period 2022 to 2030.

Segmentation

By Type Water Tube Boiler Fire Tube Boiler Electric Boiler
By Technology Condensing Non Condensing
By Fuel Type Coal Fired Oil Fired Gas Fired Others

Key Players

  • Ariston Thermo SpA
  • Bradford White Corporation
  • Burnham Holdings Inc.
  • Ferroli S.P.A.
  • Lennox International
  • Noritz Corporation
  • Robert Bosch GmbH
  • Slant/Fin Corporation
  • SPX Corporation
  • Viessmann Manufacturing Company Inc.

Drivers

  • Increased focus on energy efficiency
  • Rising Technological Advancements
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Residential Boiler Market Overview


The global residential boiler market size is projected to witness growth at a CAGR of 6% from 2022 to 2030. Residential boilers convert chemical energy into thermal energy and can be used for heating and some cooling. They are typically quite large to accommodate the amount of water they need to process. The residential boilers are used in homes, public buildings, farmhouses, and other places where people stay to get hot water and heating systems. Residential boilers have a lot of advantages such as being ideal for saving on energy costs and providing calming comfort to homes, and others.


COVID-19 Impact Analysis


COVID-19 had significantly impacted the residential boiler market. As the certain outbreak of the pandemic has disrupted various activities across the world there was a decrease in the various industrial sectors. There was a decrease in the demand for the residential boiler as people were avoiding unnecessary spending and were focusing on the necessary item such as groceries and medicines.


Residential Boiler Market Dynamics


The residential boiler market is expected to grow in the coming years, due to the rising awareness of clean-burning modern boilers. With the latest technologies and features, these new boilers have been sweeping the market. Traditional boilers, which were bulky and heavy, have been replaced with more efficient and smaller boilers. This has paved the way for more people to buy boilers, as they are not constrained by space. The new-age boilers are also cheaper and can be attained by a larger population.


Drivers



  • Increased focus on energy efficiency


The boiler market will continue to grow in the coming years due to the increased focus on energy efficiency.  There are many reasons for the energy efficiency focus.  First, the price of oil and other heating fuels is expected to rise in the future.  Secondly, awareness of global warming and the need to cut back on carbon dioxide emissions is growing. The residential boiler market comprises boilers used in single-family homes, condominiums, and multi-dwelling units.  The global market is expected to witness significant growth in the coming years due to the growing number of residential boiler installations, increasing efficiency requirements, and changing attitudes toward energy. 


Restraint:



  • High Cost


The high cost associated with the installation of a boiler can be a deterrent for many people. Boilers are often expensive and are a large upfront cost for a household. The high cost of installation and maintenance is likely to slow down the growth of the market.


Opportunity:



  • Technological Advancements


As commercial and residential buildings switch to using heat pumps as a way to create heat and coolness, there is a higher demand for energy-efficient boilers. Since heat pumps are known to be more energy-efficient than older systems, such as furnaces and radiators, improvements in the technology related to using heat pumps are a driving force in the market and this is expected to lead to an increased number of buildings switching to heat pumps. The focus on energy efficiency from the government is another factor that's expected to contribute to the rising demand for energy-efficient boilers.


Residential Boiler Market Segment Overview


By Type


Based on Type, the global Residential Boiler industry has been segmented based on Water Tube Boiler, Fire Tube Boiler, and Electric Boiler. The Fire Tube Boiler segment is the largest in the global Residential Boiler Market.


By Technology


Based on Technology, the global Residential Boiler Market has been segmented based on Condensing and Non-condensing. The Condensing segment is expected to be the fastest-growing in the global Residential Boiler Market.


By Fuel Type


Based on the Fuel Type, the global Residential Boiler Market has been segmented based on Coal-Fired, Oil Fired, Gas Fired, and Others. The Gas Fired segment registered the highest market share in the global Residential Boiler Market.


Residential Boiler Market Regional Analysis


By region, the global residential boiler market has been divided into North America, Europe, Asia-Pacific, and the Rest of the World.


Asia-Pacific Market


Asia-Pacific is anticipated to grow at the highest growth rate in the residential boiler market due to the unsaturated boiler market in the region and the increasing focus of major boiler manufacturing companies in the region. The market is growing steadily for residential boilers in the Asia-Pacific region due to the high growth in the residential sector and better living standards.


North America Market


North American residential boiler industry is projected to grow at a significant rate due to the growing demand for cleanliness and environmental awareness. Residential boilers are a great investment for homeowners, controlling heating and cooling systems, keeping the air clean, and making sure to have hot water whenever needed.


Residential Boiler Market Competitive Landscape


The market comprises various national and international players. The market players are investing in R&D and also finding new ways to develop and improve product portfolios. Various players are entering into expansion, new product launches, joint ventures, and partnerships, to strengthen their market position and capture a large customer base.


Prominent players in the global Residential Boiler Market include Ariston Thermo SpA, Bradford White Corporation, Burnham Holdings, Inc., Ferroli S.P.A., Lennox International, Noritz Corporation, Robert Bosch GmbH, Slant/Fin Corporation, SPX Corporation, and Viessmann Manufacturing Company, Inc. among others.


Residential Boiler Market Scope of the Report


Global Residential Boiler Market, by Type



  • Water Tube Boiler

  • Fire Tube Boiler

  • Electric Boiler


Global Residential Boiler Market, by Technology



  • Condensing

  • Non-condensing


 Global Residential Boiler Market, by Fuel Type



  • Coal-Fired

  • Oil Fired

  • Gas Fired

  • Others


Global Residential Boiler Market, by Region



  • North America

    • US

    • Canada

    • Mexico



  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • India

    • Japan

    • Australia and New Zealand

    • Rest of Asia-Pacific



  • Rest of the World

    • South America

    • Middle East

    • Africa




Objectives of the Study


The objectives of the study are summarized in 5 stages. They are as mentioned below:


Market Size and Forecast:


To identify and estimate the market size for the global Residential Boiler Market segmented by product type, material type, category, shape, and distribution channel by value (in US dollars). Also, to understand the consumption/ demand created by consumers of Residential Boiler during the period of 2019-2030


Market Landscape and Trends:


To identify and infer, the drivers, restraints, opportunities and challenges for the global Residential Boiler Market


Market Influencing Factors:


To find out the factors which are affecting the sales of Residential Boiler among consumers


Impact of COVID-19:


To identify and understand the various factors involved in the global Residential Boiler Market affected by the pandemic


Company Profiling:


To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies002E


Intended Audience



  • Residential Boiler Producers

  • Raw Material Suppliers

  • Retailers, Wholesalers, and Distributors

  • Governments, Associations, and Industrial Bodies

  • Investors and Trade Experts



Report Scope:
Report Attribute/Metric Details
  Market Size   2030: USD XX Million
  CAGR   ~6%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019, 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Technology, Fuel Type
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Ariston Thermo SpA, Bradford White Corporation, Burnham Holdings, Inc., Ferroli S.P.A., Lennox International, Noritz Corporation, Robert Bosch GmbH, Slant/Fin Corporation, SPX Corporation, and Viessmann Manufacturing Company, Inc.
  Key Market Opportunities   Increased focus on energy efficiency
  Key Market Drivers   Technological Advancements


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Frequently Asked Questions (FAQ) :

The study period of the global Residential Boiler Market is 2019 - 2030

The global Residential Boiler Market is growing at a CAGR of ~ 6% over the next 9 years

Asia Pacific is expected to register the highest CAGR from 2022 to 2030

Ariston Thermo SpA, Bradford White Corporation, Burnham Holdings, Inc., Ferroli S.P.A., Lennox International, Noritz Corporation, Robert Bosch GmbH, Slant/Fin Corporation, SPX Corporation, and Viessmann Manufacturing Company, Inc. are the major companies operating in the global Residential Boiler Market.