Press release
What’s Driving the Residential Boiler Market Growth? Siemens, Saudi Boilers, HTP, Lennox International, Viessmann, ACV, Buderus, ECR International
Residential Boiler Market
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Growing inclination toward energy-efficient heating systems across domestic arena is likely to bring a new dimension in residential boiler market trends. It has been observed that residential heating sector accounts for a major portion of GHG emission and carbon footprints at a global scale, a factor that has profoundly acted in favor of residential boiler market penetration across developing economies.
Leading Key Players in Residential Boiler Market are:
Parker Boiler, Bosch, Slant/Fin Corporation, Weil-McLain, Burnham Holdings, Inc., A.O. Smith, AC Boilers S.p.A., Siemens AG, Saudi Boilers, HTP, Lennox International Inc, Viessmann Manufacturing Company Inc, ACV, Buderus, ECR International, NTI Boilers, PB Heat, LLC, NAVIEN Inc, Bradford White Corporation (BWC)
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This can be quite evidenced by the Environmental Protection Agency report in 2015, which claimed that U.S. commercial and residential sector together accounted for almost 12% of the overall GHG emissions in that particular year. In response to this environmental call, a plethora of codes and standards have been implemented worldwide toward sustainable heating technologies, which by extension has fueled residential boiler industry demand. As per a report put forward by Global Market Insights Inc., the overall industry is set to hit an annual installation capacity of 10 million units by 2024.
Growth Drivers are:
• North America & Europe
• Regulations toward reducing carbon footprint
• Growing demand for energy efficient heating system
• Increasing demand for space heating
• Asia-Pacific and Middle-East & Africa
• Rapid urbanization
• Shifting trends toward low emission natural gas
• Latin America
• Political stability
• Increasing demand for space heating
Table of content
Chapter 4. Residential Boiler Market, By Technology
4.1. Global market share by technology, 2016 & 2024
4.1.1. Condensing
4.1.1.1. Condensing market, 2013 – 2024
4.1.1.2. Condensing market volume, by region, 2013 – 2024
4.1.1.3. Condensing revenue, by region, 2013-2024
4.1.2. Non-condensing
4.1.2.1. Non-condensing market, 2013 – 2024
4.1.2.2. Non-condensing market volume, by region, 2013 – 2024
4.1.2.3. Non-condensing market revenue, by region, 2013-2024
Chapter 5. Residential Boiler Market, By Product
5.1. Global market share by product, 2016 & 2024
5.1.1. Fire-tube
5.1.1.1. Fire-tube market, 2013 – 2024
5.1.1.2. Fire-tube market volume, by region, 2013 – 2024
5.1.1.3. Fire-tube market revenue, by region 2013 – 2024
5.1.2. Water-tube
5.1.2.1. Water-tube market, 2013 – 2024
5.1.2.2. Water-tube market volume, by region, 2013 – 2024
5.1.2.3. Water-tube market revenue, by region 2013 – 2024
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