Europe Combi Boiler Market: Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, Segmentation

  • Europe Combi Boiler Market was valued at USD 9.13 Million in 2023. The Europe Combi Boiler Market size is estimated to grow at a CAGR of 5 % over the forecast period.

  • Format : PDF | Report ID : SMR_1001

Europe Combi Boiler Market Definition:

A combi boiler is a high-efficiency heating system with a built-in flue gas heat recovery system. This is due to the fact that the gas produced by the boiler may be collected and reused. Combi boilers are used in a variety of sectors, including pulp and paper, food and beverage, chemicals, and many more.


Further, the Europe Combi Boiler market is segmented by Fuel Type, Technology, and geography. On the basis of Fuel Type, the Europe Combi Boiler market is segmented under Oil-fired, Natural Gas, and Others. Based on the Technology, the Europe Combi Boiler market is segmented under the Condensing and Non-condensing. By geography, the market covers the major countries in Europe i.e., Italy, Germany, United Kingdom, Russia, France and Rest of Europe. For each segment, the market sizing and forecasts have been done on the basis of value (in USD Million).


Europe Combi Boiler Market


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Europe Combi Boiler Market Dynamics:

Strong economic growth and urbanization: This region's robust economic growth, coupled with rapid urbanisation and industrialisation, is expected to propel construction and infrastructure development in the coming years.


According to SMR, by 2025, more than 66 % of population would be living in urban regions. The region is focusing more on modernising its existing natural gas distribution networks. Local firms would surely benefit from investing extensively in natural gas supply chain enhancements to satisfy increased primary energy demand. This is driving the Europe Combi Boiler Market.


Regulatory measures about CO2 emissions: The 'Energy Transition for Green Growth Law' was approved by the French government in 2015, with the goal of reducing energy use in an array of sectors.

As a consequence of factors such as regulatory steps to minimise CO2 emissions and residential building retrofitting, the combi boiler market in France is expected to increase considerably in the coming years.


Increased demand for advanced combi boilers: Manufacturer companies are focusing their efforts on developing new, more efficient, and technologically sophisticated products.

To develop new technologies, the leading companies are focusing their R&D efforts. In order to stand out in a crowded market, they're also producing new things that are much more efficient and incorporate current technologies. The Combi Boiler Market is growing due to the competition between key competitors for market with new innovative products.


Europe Combi Boiler Market COVID-19 Insights: During the COVID-19 outbreak, many manufacturing sectors were severely harmed by government-imposed lockdowns to prevent the virus's spread, owing to a labour shortage and a disrupted supply chain. As a result, the number of combi boiler uses on the market has decreased significantly. People have grown more conscious of the environmental condition as a result of the new coronavirus pandemic. A growing number of buyers are looking for ecologically friendly solutions. As a result, market for combi boilers is expected to rise following the epidemic.


Europe Combi Boiler Market Segment Analysis:

By Fuel Type, Gas-fired segment dominated the Europe Combi Boiler Market with 47% share in 2023.

Because of the harmonisation of product costs, gas-fired combi boilers will most certainly experience increasing adoption in the near future. Customers are increasingly preferring for environmentally friendly heating systems, which will increase demand for gas-fired combi boilers.


Competitive fuel prices and simplicity of storage are additional factors in the rising popularity of gas-fired heating systems. Governments are increasingly concentrating on reducing carbon emissions in the residential sector. This is expected to increase expenditures in green buildings and sustainable infrastructure, which will provide enough prospects for combi boiler manufacturers all around the world.


Europe Combi Boiler Market


By Technology, Condensing combi boilers segment dominated the Europe Combi Boiler Market with 53% share in 2023.

This is due to the product's multiple benefits, including improved operating efficiency, small size, and ease of installation. An increasing number of customers are selecting for cost-effective and energy-efficient heating systems, which will drive product demand in households. Heat exchangers in condensing combi boilers assist the system achieve good operating efficiency by using the heat from the flue gases.


These systems are substantially more efficient and help reduce running expenses than non-integrated water and space heating systems. Ongoing expenditures in upgrading existing residential infrastructure as a result of rising urbanisation are expected to drive product demand during the forecast period.


Europe Combi Boiler Market Key Players Insights:

The market is characterized by the existence of a number of well-known firms. These companies control a large portion of the market, have a wide product portfolio, and have a global presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.


The market's major companies have a significant impact because most of them have extensive global networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the market, key players in the market, particularly in this region, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.


The objective of the report is to present a comprehensive analysis of the Europe Combi Boiler market to the stakeholders in the industry. The report provides trends that are most dominant in the Europe Combi Boiler market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Europe Combi Boiler Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.


The qualitative and quantitative data provided in the Europe Combi Boiler market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Europe Combi Boiler market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Europe Combi Boiler market.


The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the Europe Combi Boiler market. The report also analyses if the Europe Combi Boiler market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.


The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Europe Combi Boiler market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Europe Combi Boiler market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Europe Combi Boiler market is aided by legal factors.


Europe Combi Boiler Market Scope:

Europe Combi Boiler Market 

Market Size in 2023

USD 9.13 Mn.

Market Size in 2030

USD 12.85 Mn.

CAGR (2024-2030)

5 %

Historic Data


Base Year


Forecast Period


Segment Scope

By   Fuel Type


  • Oil-fired
  • Natural Gas

By Technology

  • Condensing
  • Non-condensing

Country Scope

  • UK 
  • France
  • Germany
  • Italy 
  • Spain 
  • Sweden
  • Austria
  • and Rest of Europe 
































Europe Combi Boiler Market Players: 

Frequently Asked Questions

The segments covered in the Europe Combi Boiler Market report are based on Fuel Type, Technology.

  1. Scope of the Report
  2. Research Methodology
    • Research Process
    • Europe Combi Boiler Market: Target Audience
    • Europe Combi Boiler Market: Primary Research (As per Client Requirement)
    • Europe Combi Boiler Market: Secondary Research
  3. Executive Summary
  4. Competitive Landscape
    • Stellar Competition matrix
      • Europe Stellar Competition Matrix
    • Key Players Benchmarking: - by Product, Pricing, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
    • Mergers and Acquisitions in Industry: - M&A by Region, Value, and Strategic Intent
    • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
    • Market Challenges
    • PESTLE Analysis
    • PORTERS Five Force Analysis
    • Value Chain Analysis
  5. Europe Combi Boiler Market Segmentation
    • Europe Combi Boiler Market, by Fuel Type (2023-2030)
      • Oil-fired
      • Natural Gas
      • Others
    • Europe Combi Boiler Market, by Technology (2023-2030)
      • Condensing
      • Non-condensing
    • Europe Combi Boiler Market, by Country (2023-2030)
      • Italy
      • France
      • Russia
      • United kingdom
      • Rest of Europe
  6. Company Profiles
    • Key Players
      • Bosch Thermotechnik gmbh (Germany)
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Business Strategy
        • Key Developments
      • Hoval Corp. (Liechtenstein)
      • BDR Thermea Group (Netharlands)
      • Ferroli S.p.A. (Italy)
      • Vaillant Group (Germany)
  7. Key Findings
  8. Recommendations

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