Combi Boiler Market Size

Combi Boiler Market size was valued at USD 32.51 billion in 2024 and is set to exceed USD 85.27 billion by 2037, registering over 7.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of hoist controller is estimated at USD 34.51 billion. The reason behind the growth is impelled by the growing demand for heating systems in urban residents, especially in temperate and tundra regions. According to estimates, more than 32% of households globally require both space heating and cooling.

Along with this, various favorable features of combi boilers, such as compact size, space-saving, and lower cost as compared to deploying two different systems for each function, are also projected to fuel the market growth.

The growing advancement in controlling technology is believed to fuel combi boiler market growth. Advancements such as connected controls, and remote and digital monitoring can aid in tracking and showing the boiler's water or steam pressure, and could potentially be used to encourage installers to configure the system properly.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of hoist controller is estimated at USD 34.51 billion.

The combi boiler market size was valued at USD 32.51 billion in 2024 and is set to exceed USD 85.27 billion by 2037, registering over 7.7% CAGR during the forecast period i.e., between 2025-2037. The growing demand for heating systems in urban residents, especially in temperate and tundra regions, and the growing advancement in controlling technology will boost the market growth.

North America industry is likely to dominate majority revenue share of 40% by 2037, impelled by growing demand for energy-efficient heating systems in the region.

The major players in the market are BDR Thermea Group, Daikin Industries., Ltd., Hoval, HTP, Viessmann Group, Fondital S.p.a, Wolf GmbH, Ferroli S.p.A, O. Smith Corporation, Vaillant Group, Rinnai Corp.

Combi Boiler Market Size