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What’s driving the Combi Boilers Market trends? Bosch Thermotechnology, BDR Thermea Group, Daikin, Hoval, HTP, Viessmann

06-04-2020 06:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: DecResearch.com

/ PR Agency: DecResearch.com
DEC Research recently added a detailed Combi Boilers Market research study across the global, regional and country level. The report provides 360° analysis from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global market and estimates the future trend of the industry based on this detailed study.

Request a sample of this research report @ https://www.decresearch.com/request-sample/detail/2481

Based on technology, combi boiler industry share is segmented into condensing and non-condensing. Condensing combi boilers are expected to experience greater demand in the coming years. This can be linked with various advantages offered by the product such as higher operational efficiency, compact size, and easy installation. Besides, more and more consumers are opting for cost-effective and energy-efficient heating solutions, which will accelerate the product installation across homes.

Leading Key Players in Combi Boilers Market are:
Bosch Thermotechnology
BDR Thermea Group
Daikin
Hoval
HTP
Viessmann
Fondital S.p.a
Wolf GmbH
Ferroli S.p.A
A.O. Smith Corporation
Vaillant Group
ACV
KyungDong Navien
FONDERIE SIME P
Ariston Thermo Group
Groupe Atlantic

Condensing combi boilers utilize the heat from the flue gases via heat exchangers which helps the system achieve an excellent operational efficiency. Compared to non-integrated water and space heating systems, these systems provide much greater efficiency and help minimize operating costs. Ongoing investments towards the upgradation of existing residential infrastructure on account of rapid urbanization is anticipated to fuel the product demand over the projected period.

Make an inquiry for purchasing this report @ https://www.decresearch.com/inquiry-before-buying/2481

Global combi boiler market can be segmented into natural gas, oil, and others based on the fuel use to power the equipment. Gas fired combi boilers will most likely witness increased adoption in the near future mainly due to harmonization of product prices. Moreover, consumers are increasingly switching to sustainable heating technologies which will further boost the demand for gas fired combi boilers.

The growing adoption of gas fired heating units can be also linked with competitive fuel prices and the ease of storage. Moreover, governments in most parts of the world are increasingly focusing on minimizing carbon emissions across the residential sector. This is likely to accelerate investments towards the development of green buildings and sustainable infrastructure, which will open up ample opportunities for combi boiler manufacturers across the globe.

Asia Pacific combi boiler industry is projected to record a robust 6% CAGR during 2020-2026. The region holds a dominant share in the global construction sector. Strong economic growth in the region in recent decades along with growing urbanization and industrialization is expected to fuel construction and infrastructure development activities in the next few years. Driven by the increasing population, the rate of urbanization, particularly in countries like China, India, and Japan is estimated to escalate.

You may also like our other trending report:
Residential Boiler Market
Read More: https://www.globenewswire.com/news-release/2017/08/28/1100924/0/en/Residential-Boiler-Market-worth-over-12-billion-by-2024-Global-Market-Insights-Inc.html

Contact Us:
DEC Research,
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: info@decresearch.com

About DEC Research:
DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.

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