Global Combi Boilers Market 2018-2022
About Combi Boilers
A combi boiler or combination boiler is the combination of high-efficiency water heater and central heating boiler in compact unit.
Technavio’s analysts forecast the global combi boilers market to grow at a CAGR of 5.72% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global combi boilers market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of combi boilers.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Combi Boilers Market 2018-2022
Technavio recognizes the following companies as the key players in the global combi boilers market: Alpha (Immergas), Baxi (BDR Thermea Group), Ideal Boilers, Robert Bosch, and Vaillant Group
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is advent of smart thermostats. Smart thermostats are gaining traction in both the residential and commercial sectors as they exhibit advanced firmware and technology that enhances the energy-efficiency of the buildings. Smart thermostats enable significant savings and provide consumers with information regarding the amount of energy use and optimum temperature requirements. Additionally, these thermostats have inbuilt Wi-Fi technology that enable major operations to be controlled from a remote location.”
According to the report, one of the major drivers for this market is steady growth in single-family and detached homes. Combi boilers are best suited for small-sized homes and find their application in single-family homes. The demand for combi boilers will increase due to the growing number of single-family homes or detached housing. Single-family housing concept is gaining traction due to the shortage of existing available homes for sale. In the US, the size of single-family homes is reducing and boosting the popularity of this trend.
Alpha (Immergas), Baxi (BDR Thermea Group), Ideal Boilers, Robert Bosch, and Vaillant Group