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2021
Residential Boiler Market

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 Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A11095
Pages: 210
Apr 2021 | 1400 Views
   
Author(s) : Saurabh Dixit, Rutuja Danekar , Eswara Prasad
Tables: 125
Charts: 57
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  • SIngle User License, Five User
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  • Data Pack Excel License

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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Residential Boiler Market Statics – 2027

Global residential boiler market size was valued at $8.1 billion in 2019, and is expected to reach $12.3 billion by 2027, registering a CAGR of 5.8% from 2020 to 2027. Residential boiler is a device, which converts chemical energy into thermal energy and is further used for water heating and keeping the residential area warm. Residential boilers are used in homes, public buildings, holiday homes, farmhouses, and other residential places for air and water heating. Residential boiler possesses advantages such as high reliability, long life, high energy efficiency, less pollution, less floor area, and others. Technological advancements in residential boiler are expected to reduce the manufacturing cost & pollution and increase efficiency, thereby driving the market growth in the coming years.

The COVID-19 outbreak has impacted negatively on the global residential boiler market. This is attributed to halting of the manufacturing activities, residential construction & maintenance activities, and decreased the consumer spending towards replacement of old heating systems.

Rise in demand for heating equipment to keep home warm and heat water across the globe is expected to increase the demand for residential boilers, which is anticipated to drive the growth of the market during the forecast period. In addition, rise in building & construction activities across developing economies from Asia-Pacific and LAMEA is further expected to increase the demand for residential boilers in the future. However, high cost associated with residential boiler is a key factor expected to hinder the growth of the market during the analyzed timeframe. On the contrary, technological advancements toward improving energy efficiency of the residential boiler is expected to create opportunity for key players in the market in the coming years.

Residential-Boiler-Market

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The global residential boiler market is segmented into type, technology, fuel type, and region. By type, the market is divided into water tube boiler, fire tube boiler, and electric boiler. By technology, it is bifurcated into condensing and non-condensing. Based on fuel type, it is classified into coal fired, gas fired, oil fired, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global residential boiler market covers in-depth information of the major industry participants. Some of the major players in the 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.

Other players in the value chain of the residential boiler market include AC Boilers SpA, Saudi Boiler, Parker Boiler, A.O. Smith, and others.

The key players are adopting numerous strategies, such as product launch, business expansion, agreement, and acquisition, to stay competitive in the residential boiler industry.

For instance, Noritz Corporation acquired PB Heat, LLC (a manufacturer of high-efficiency, cast iron, and stainless-steel boilers & indirect-fired water heaters). This has strengthened the position of Noritz in the heating equipment industry.

Residential Boiler Market
By Fuel Type

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Gas Fired Residential Boiler is projected as the most lucrative segment.

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By type, the fire tube boiler segment held the largest market share in 2019, owing to rise in demand for boilers for space heating and water heating applications from residential applications. In addition, there is increase in demand for hot water and warm air from cold weather areas in North America and Europe, which is expected to fuel the growth of the fire tube boiler segment in the coming years.

Residential Boiler Market
By Type

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Fire Tube boiler is projected as the most lucrative segment.

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On the basis of fuel type, the gas fired segment registered the highest market share of 71.2% during the forecast period, owing to rise in demand for gas fired residential boilers, which possess advantages, including clean heating, comfortable, eco-friendly, quiet operation, cost effective, safe operation, energy saving, and others.

Residential Boiler Market
By Technology

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Condensing technology is projected as the most lucrative segment.

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By technology, the condensing segment garnered the highest residential boiler market share in 2019. This is attributed to rise in awareness toward utilization of energy-efficient heating products and less fuel consumption. Condensing boilers offer benefits, such as less cost, less space, reduction in carbon footprint, high efficiency, and others, which are anticipated to fuel the market growth during the analyzed time frame.

Residential Boiler Market
By Region

2027
Europe 
North America
Asia-pacific
Lamea

Europe holds a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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Asia-Pacific garnered the highest growth rate in the global market in 2019, in terms of revenue, and is anticipated to maintain its dominance over the forecast period. This is attributed to the rise in demand for domestic heating systems in the region. In addition, residential boiler is gaining importance in homes, apartments, and other residential areas for heating water and air applications, owing to its reliability and superior energy efficiency. This is expected to augment the growth of the residential boiler market during the forecast period.

Covid-19 Impact On The Market

Lockdowns imposed due to the outbreak of COVID-19 pandemic resulted in temporary ban on import & export and manufacturing & processing activities across various industries, which decreased the demand for boilers from residential consumers. This resulted in decline in market growth in the second, third, and fourth quarters of 2020. However, the residential boiler market is expected to recover by the first quarter of 2021 as COVID-19 vaccination has started in various economies across the globe, which will improve the global economy.

Key Benefits For Stakeholders

  • The report provides an extensive qualitative and quantitative analysis of the current residential boiler market trends and future estimations of the market from 2020 to 2027 to determine the prevailing opportunities.
  • A comprehensive residential boiler market analysis of the factors that drive and restrict the residential boiler market growth is provided.
  • Estimations and market forecast are based on factors impacting the growth in terms of value.
  • Profiles of leading players operating in the market are provided to understand the global competitive scenario.
  • The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable growth of residential boiler market.

Key Market Segments

By Type

  • Water Tube Boiler
  • Fire Tube Boiler
  • Electric Boiler

By Fuel Type

  • Coal Fired
  • Oil Fired
  • Gas Fired
  • Others

By Technology

  • Condensing
  • Non-condensing

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments

1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping the market
3.3.Top investment pockets

3.4.Patent analysis

3.4.1.By region, 2013–2019

3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Rise in demand for space and water heating systems
3.5.1.2.Rapid growth of the residential construction sector and stringent government regulations toward environmental pollution

3.5.2.Restraints

3.5.2.1.High cost associated with residential boiler
3.5.2.2.Rise in use of renewable energy systems

3.5.3.Opportunity

3.5.3.1.Technological advancements towards energy efficient boilers
3.6.Impact of COVID-19 outbreak on the market

CHAPTER 4:RESIDENTIAL BOILER MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Water tube boiler

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market share analysis, by country

4.3.Fire tube boiler

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market share analysis, by country

4.4.Electric boiler

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market share analysis, by country

CHAPTER 5:RESIDENTIAL BOILER MARKET, BY TECHNOLOGY

5.1.Overview

5.1.1.Market size and forecast

5.2.Condensing

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market share analysis, by country

5.3.Non-condensing

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market share analysis, by country

CHAPTER 6:RESIDENTIAL BOILER MARKET, BY FUEL TYPE

6.1.Overview

6.1.1.Market size and forecast

6.2.Coal fired

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market share analysis, by country

6.3.Oil fired

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market share analysis, by country

6.4.Gas fired

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market share analysis, by country

6.5.Others

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market share analysis, by country

CHAPTER 7:RESIDENTIAL BOILER MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by type
7.2.3.Market size and forecast, by technology
7.2.4.Market size and forecast, by fuel type
7.2.5.Market share analysis, by country

7.2.6.The U.S.

7.2.6.1.Market size and forecast, by type
7.2.6.2.Market size and forecast, by technology
7.2.6.3.Market size and forecast, by fuel type

7.2.7.Canada

7.2.7.1.Market size and forecast, by type
7.2.7.2.Market size and forecast, by technology
7.2.7.3.Market size and forecast, by fuel type

7.2.8.Mexico

7.2.8.1.Market size and forecast, by type
7.2.8.2.Market size and forecast, by technology
7.2.8.3.Market size and forecast, by fuel type

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by type
7.3.3.Market size and forecast, by technology
7.3.4.Market size and forecast, by fuel type
7.3.5.Market share analysis, by country

7.3.6.Germany

7.3.6.1.Market size and forecast, by type
7.3.6.2.Market size and forecast, by technology
7.3.6.3.Market size and forecast, by fuel type

7.3.7.France

7.3.7.1.Market size and forecast, by type
7.3.7.2.Market size and forecast, by technology
7.3.7.3.Market size and forecast, by fuel type

7.3.8.UK

7.3.8.1.Market size and forecast, by type
7.3.8.2.Market size and forecast, by technology
7.3.8.3.Market size and forecast, by fuel type

7.3.9.Italy

7.3.9.1.Market size and forecast, by type
7.3.9.2.Market size and forecast, by technology
7.3.9.3.Market size and forecast, by fuel type

7.3.10.Spain

7.3.10.1.Market size and forecast, by type
7.3.10.2.Market size and forecast, by technology
7.3.10.3.Market size and forecast, by fuel type

7.3.11.Rest of Europe

7.3.11.1.Market size and forecast, by type
7.3.11.2.Market size and forecast, by technology
7.3.11.3.Market size and forecast, by fuel type

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by type
7.4.3.Market size and forecast, by technology
7.4.4.Market size and forecast, by fuel type
7.4.5.Market share analysis, by country

7.4.6.China

7.4.6.1.Market size and forecast, by type
7.4.6.2.Market size and forecast, by technology
7.4.6.3.Market size and forecast, by fuel type

7.4.7.Japan

7.4.7.1.Market size and forecast, by type
7.4.7.2.Market size and forecast, by technology
7.4.7.3.Market size and forecast, by fuel type

7.4.8.India

7.4.8.1.Market size and forecast, by type
7.4.8.2.Market size and forecast, by technology
7.4.8.3.Market size and forecast, by fuel type

7.4.9.Australia

7.4.9.1.Market size and forecast, by type
7.4.9.2.Market size and forecast, by technology
7.4.9.3.Market size and forecast, by fuel type

7.4.10.South Korea

7.4.10.1.Market size and forecast, by type
7.4.10.2.Market size and forecast, by technology
7.4.10.3.Market size and forecast, by fuel type

7.4.11.Rest of Asia-Pacific

7.4.11.1.Market size and forecast, by type
7.4.11.2.Market size and forecast, by technology
7.4.11.3.Market size and forecast, by fuel type

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by type
7.5.3.Market size and forecast, by technology
7.5.4.Market size and forecast, by fuel type
7.5.5.Market share analysis, by country

7.5.6.Brazil

7.5.6.1.Market size and forecast, by type
7.5.6.2.Market size and forecast, by technology
7.5.6.3.Market size and forecast, by fuel type

7.5.7.Saudi Arabia

7.5.7.1.Market size and forecast, by type
7.5.7.2.Market size and forecast, by technology
7.5.7.3.Market size and forecast, by fuel type

7.5.8.South Africa

7.5.8.1.Market size and forecast, by type
7.5.8.2.Market size and forecast, by technology
7.5.8.3.Market size and forecast, by fuel type

7.5.9.Rest of LAMEA

7.5.9.1.Market size and forecast, by type
7.5.9.2.Market size and forecast, by technology
7.5.9.3.Market size and forecast, by fuel type

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.Introduction

8.1.1.Market Player Positioning, 2019

8.2.Top winning strategies

8.2.1.Top winning strategies, by year
8.2.2.Top winning strategies, by development
8.2.3.Top winning strategies, by company

8.3.Product Mapping of Top 10 Player
8.4.Competitive Heatmap

8.5.Key developments

8.5.1.New product launches
8.5.2.Business expansion
8.5.3.Acquisitions
8.5.4.Agreement

CHAPTER 9:COMPANY PROFILES

9.1.Ariston Thermo SpA

9.1.1.Company overview
9.1.2.Company snapshot
9.1.3.Operating business segments
9.1.4.Product portfolio
9.1.5.Key strategic moves and developments

9.2.Bradford White Corporation

9.2.1.Company Overview
9.2.2.Company snapshot
9.2.3.Product portfolio

9.3.Burnham Holdings, Inc.

9.3.1.Company Overview
9.3.2.Company snapshot
9.3.3.Product portfolio
9.3.4.Business performance
9.3.5.Key strategic moves and developments

9.4.Ferroli S.p.A.

9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Product portfolio

9.5.Lennox International

9.5.1.Company overview
9.5.2.Company snapshot
9.5.3.Operating business segments
9.5.4.Product portfolio
9.5.5.Business performance

9.6.Noritz Corporation

9.6.1.Company overview
9.6.2.Company Snapshot
9.6.3.Operating business segments
9.6.4.Product portfolio
9.6.5.Business performance
9.6.6.Key strategic moves and developments

9.7.Robert Bosch GmbH

9.7.1.Company overview
9.7.2.Company snapshot
9.7.3.Operating business segments
9.7.4.Product portfolio
9.7.5.Business performance
9.7.6.Key strategic moves and developments

9.8.Slant/Fin Corporation

9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Product portfolio

9.9.SPX Corporation

9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Operating business segments
9.9.4.Product portfolio
9.9.5.Business performance
9.9.6.Key strategic moves and developments

9.10.Viessmann Manufacturing Company, Inc.

9.10.1.Company overview
9.10.2.Company snapshot
9.10.3.Product portfolio

LIST OF TABLES

TABLE 01.GLOBAL RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 02.WATER TUBE BOILER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 03.FIRE TUBE BOILER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 04.ELECTRIC BOILER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 05.GLOBAL RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 06.CONDENSING RESIDENTIAL BOILER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 07.NON-CONDENSING RESIDENTIAL BOILER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 08.GLOBAL RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 09.COAL FIRED RESIDENTIAL BOILER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 10.OIL FIRED RESIDENTIAL BOILER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 11.GAS FIRED RESIDENTIAL BOILER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 12.RESIDENTIAL BOILER MARKET FOR OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 13.RESIDENTIAL BOILER MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 14.NORTH AMERICA RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 15.NORTH AMERICA RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 16.NORTH AMERICA RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 17.NORTH AMERICA RESIDENTIAL BOILER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 18.THE U.S. RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 19.THE U.S. RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 20.THE U.S. RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 21.CANADA RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 22.CANADA RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 23.CANADA RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 24.MEXICO RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 25.MEXICO RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 26.MEXICO RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 27.EUROPE RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 28.EUROPE RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 29.EUROPE RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 30.EUROPE RESIDENTIAL BOILER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 31.GERMANY RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 32.GERMANY RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 33.GERMANY RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 34.FRANCE RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 35.FRANCE RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 36.FRANCE RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 37.UK RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 38.UK RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 39.UK RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 40.ITALY RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 41.ITALY RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 42.ITALY RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 43.SPAIN RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 44.SPAIN RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 45.SPAIN RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 46.REST OF EUROPE RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 47.REST OF EUROPE RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 48.REST OF EUROPE RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 49.ASIA-PACIFIC RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 50.ASIA-PACIFIC RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 51.ASIA-PACIFIC RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 52.ASIA-PACIFIC RESIDENTIAL BOILER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 53.CHINA RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 54.CHINA RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 55.CHINA RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 56.JAPAN RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 57.JAPAN RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 58.JAPAN RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 59.INDIA RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 60.INDIA RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 61.INDIA RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 62.AUSTRALIA RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 63.AUSTRALIA RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 64.AUSTRALIA RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 65.SOUTH KOREA RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 66.SOUTH KOREA RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 67.SOUTH KOREA RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 68.REST OF ASIA-PACIFIC RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 69.REST OF ASIA-PACIFIC RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 70.REST OF ASIA-PACIFIC RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 71.LAMEA RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 72.LAMEA RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 73.LAMEA RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 74.LAMEA RESIDENTIAL BOILER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 75.BRAZIL RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 76.BRAZIL RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 77.BRAZIL RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 78.SAUDI ARABIA RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 79.SAUDI ARABIA RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 80.SAUDI ARABIA RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 81.SOUTH AFRICA RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 82.SOUTH AFRICA RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 83.SOUTH AFRICA RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 84.REST OF LAMEA RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 85.REST OF LAMEA RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 86.REST OF LAMEA RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 87.KEY NEW PRODUCT LAUNCHES (2016-2020)
TABLE 88.KEY BUSINESS EXPANSION (2016-2020)
TABLE 89.KEY ACQUISITIONS (2016-2020)
TABLE 90.KEY AGREEMENT (2016-2020)
TABLE 91.ARISTON THERMO SPA: COMPANY SNAPSHOT
TABLE 92.ARISTON THERMO SPA: OPERATING SEGMENTS
TABLE 93.ARISTON THERMO SPA: PRODUCT PORTFOLIO
TABLE 94.ARISTON THERMO SPA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 95.BRADFORD WHITE CORPORATION: COMPANY SNAPSHOT
TABLE 96.BRADFORD WHITE CORPORATION: PRODUCT PORTFOLIO
TABLE 97.BURNHAM HOLDINGS, INC.: COMPANY SNAPSHOT
TABLE 98.BURNHAM HOLDINGS, INC.: PRODUCT PORTFOLIO
TABLE 99.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 100.BURNHAM HOLDINGS, INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 101.FERROLI S.P.A.: COMPANY SNAPSHOT
TABLE 102.FERROLI S.P.A.: PRODUCT PORTFOLIO
TABLE 103.LENNOX INTERNATIONAL: COMPANY SNAPSHOT
TABLE 104.LENNOX INTERNATIONAL: OPERATING SEGMENTS
TABLE 105.LENNOX INTERNATIONAL
TABLE 106.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 107.NORITZ CORPORATION: COMPANY SNAPSHOT
TABLE 108.NORITZ CORPORATION: OPERATING SEGMENTS
TABLE 109.NORITZ CORPORATION: PRODUCT PORTFOLIO
TABLE 110.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 111.NORITZ CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 112.ROBERT BOSCH GMBH: COMPANY SNAPSHOT
TABLE 113.ROBERT BOSCH GMBH: OPERATING SEGMENTS
TABLE 114.ROBERT BOSCH GMBH: PRODUCT PORTFOLIO
TABLE 115.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 116.ROBERT BOSCH GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 117.SLANT/FIN CORPORATION: COMPANY SNAPSHOT
TABLE 118.SLANT/FIN CORPORATION: PRODUCT PORTFOLIO
TABLE 119.SPX CORPORATION: COMPANY SNAPSHOT
TABLE 120.SPX CORPORATION: OPERATING SEGMENTS
TABLE 121.SPX CORPORATION: PRODUCT PORTFOLIO
TABLE 122.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 123.SPX CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 124.VIESSMANN: COMPANY SNAPSHOT
TABLE 125.VIESSMANN: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 03.MODERATE THREAT OF NEW ENTRANTS
FIGURE 04.MODERATE THREAT OF SUBSTITUTES
FIGURE 05.MODERATE INTENSITY OF COMPETITIVE RIVALRY
FIGURE 06.LOW BARGAINING POWER OF BUYERS
FIGURE 07.TOP INVESTMENT POCKETS
FIGURE 08.PATENT ANALYSIS, BY REGION
FIGURE 09.RESIDENTIAL BOILER MARKET DYNAMICS
FIGURE 10.GLOBAL RESIDENTIAL BOILER MARKET, BY TYPE, 2019–2027
FIGURE 11.COMPARATIVE ANALYSIS OF WATER TUBE BOILER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 12.COMPARATIVE ANALYSIS OF FIRE TUBE BOILER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 13.COMPARATIVE ANALYSIS OF ELECTRIC BOILER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 14.GLOBAL RESIDENTIAL BOILER MARKET, BY TECHNOLOGY, 2019–2027
FIGURE 15.COMPARATIVE ANALYSIS OF CONDENSING RESIDENTIAL BOILER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 16.COMPARATIVE ANALYSIS OF NON-CONDENSING RESIDENTIAL BOILER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 17.GLOBAL RESIDENTIAL BOILER MARKET, BY FUEL TYPE, 2019–2027
FIGURE 18.COMPARATIVE ANALYSIS OF COAL FIRED RESIDENTIAL BOILER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 19.COMPARATIVE ANALYSIS OF OIL-FIRED RESIDENTIAL BOILER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 20.COMPARATIVE ANALYSIS OF GAS FIRED RESIDENTIAL BOILER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 21.COMPARATIVE ANALYSIS OF RESIDENTIAL BOILER MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 22.THE U.S. RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 23.CANADA RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 24.MEXICO RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 25.GERMANY RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 26.FRANCE RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 27.UK RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 28.ITALY RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 29.SPAIN RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 30.REST OF EUROPE RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 31.CHINA RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 32.JAPAN RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 33.INDIA RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 34.AUSTRALIA RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 35.SOUTH KOREA RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 36.REST OF ASIA-PACIFIC RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 37.BRAZIL RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 38.SAUDI ARABIA RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 39.SOUTH AFRICA RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 40.REST OF LAMEA RESIDENTIAL BOILER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 41.MARKET PLAYER POSITIONING, 2019
FIGURE 42.TOP WINNING STRATEGIES, BY YEAR, 2016–2020
FIGURE 43.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2020 (%)
FIGURE 44.TOP WINNING STRATEGIES, BY COMPANY, 2016–2020
FIGURE 45.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 46.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 47.BURNHAM HOLDINGS, INC.: REVENUE, 2017–2019 ($MILLION)
FIGURE 48.LENNOX INTERNATIONAL: REVENUE, 2017–2019 ($MILLION)
FIGURE 49.LENNOX INTERNATIONAL: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 50.LENNOX INTERNATIONAL: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 51.NORITZ CORPORATION: NET SALES, 2017–2019 ($MILLION)
FIGURE 52.NORITZ CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 53.ROBERT BOSCH GMBH: REVENUE, 2017–2019 ($MILLION)
FIGURE 54.ROBERT BOSCH GMBH: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 55.ROBERT BOSCH GMBH: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 56.SPX CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 57.SPX CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)

 
 

Rapid growth in heating equipment industry and rise in demand for environment friendly heating systems are the key factors attributed to the leading position of Europe region in the global residential boiler market. The Asia-Pacific region is further expected to provide lucrative opportunities to leading residential boiler manufacturers, owing to its huge potential to set up manufacturing plants and surge in demand for residential boilers from the region.

Increase in demand for space and water heating applications from residential sectors is the key factor driving the growth of the global residential boiler market during the forecast period. However, cost associated with production, maintenance and installation of boilers is anticipated to hamper the growth of the market. On the contrary, increase in government investments in the residential construction industry and technological advancements in residential boilers are projected to provide remunerative opportunities for the key players to maintain the pace in the residential boiler market in the upcoming years.

Among the analyzed regions, Europe is expected to account for the highest revenue in the market throughout the forecast period, followed by Asia-Pacific, North America, and LAMEA. Europe accounted for the 38.9% of total global residential boiler market share in 2019 and is expected to maintain its dominance during the forecast period.
 

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FREQUENTLY ASKED QUESTIONS?
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A. Rise in demand for residential boiler from the water heating and space heating applications and rapid growth of residential construction sector are the key trends in the residential boiler market.

A. The potential customers of the residential boiler market are homes, apartments, farmhouses, holiday homes, and others.

A. To get latest version of residential boiler market report can be obtained on demand from the website.

A. The applications of the residential boiler market are water heating, food processing, and space heating.

A. On the basis of fuel type, gas fired residential boiler will drive the residential boiler market growth during the forecast period. On the basis of type, fire tube boiler will drive the growth of the residential boiler market. By technology, condensing technology segment will fuel the growth of the market.

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. In terms of revenue growth, the CAGR of the global residential boiler market is 5.8% by 2027.

A. Top players in the residential boiler market are 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.

A. In terms of revenue, the market size of residential boiler market is anticipated to reach $12.3 billion by 2027, growing at CAGR of 5.8% from 2020 to 2027.

A. Europe will provide business opportunities for residential boiler market during the forecast period. This is attributed to the huge consumer base, increase in conventional boiler replacement activities, increase in investment towards renewable sector, and high demand for heating equipment from the region.

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