Oil Condensing Boiler Market

Oil condensing boilers are water heaters fueled by oil. They achieve high efficiency (typically greater than 90% on the higher heating value) by condensing water vapour in the exhaust gases and so recovering its latent heat of vaporisation, which would otherwise have been wasted. This condensed vapour leaves the system in liquid form, via a drain. In many countries, the use of condensing boilers is compulsory or encouraged with financial incentives.

Oil Condensing Boiler Market aims to provide a comprehensive presentation of the global market for Oil Condensing Boiler, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Oil Condensing Boiler. Oil Condensing Boiler Market contains market size and forecasts of Oil Condensing Boiler in global, including the following market information:

Global Oil Condensing Boiler Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Oil Condensing Boiler Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Oil Condensing Boiler companies in 2022 (%)

The global Oil Condensing Boiler market was valued at US$ 485.3 million in 2022 and is projected to reach US$ 591.6 million by 2029, at a CAGR of 2.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The oil condensing boilers is classified into the floor standing boiler and wall mounted boiler according to the product type. As of 2019, floor standing oil condensing boilers segment dominates the market contributing more than 73% of the total market share.

The oil condensing boilers market is concentrated market; key players include Worcester Bosch, Wolf GmbH, Viessmann, Grant Engineering, KD Navien, August Brotje GmbH, ELCO, De Dietrich Heating, Hoval, ROTEXP, FERROLI, Mistral Boilers, MHG Heating; the revenue of top five manufacturers accounts about 52% of the total revenue, in 2019.

We surveyed the Oil Condensing Boiler manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Oil Condensing Boiler Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Oil Condensing Boiler Market Segment Percentages, by Type, 2022 (%)

Floor Standing Boiler

Wall Mounted Boiler

Global Oil Condensing Boiler Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Oil Condensing Boiler Market Segment Percentages, by Application, 2022 (%)

Residential

Commercial

Global Oil Condensing Boiler Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Oil Condensing Boiler Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Oil Condensing Boiler revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Oil Condensing Boiler revenues share in global market, 2022 (%)

Key companies Oil Condensing Boiler sales in global market, 2018-2023 (Estimated), (K Units)

Key companies Oil Condensing Boiler sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Worcester Bosch

Wolf GmbH

Viessmann

Grant Engineering

KD Navien

August Brotje GmbH

ELCO

De Dietrich Heating

Hoval

ROTEXP

FERROLI

Mistral Boilers

MHG Heating

Outline of Major Chapters:

Chapter 1: Introduces the definition of Oil Condensing Boiler, market overview.

Chapter 2: Global Oil Condensing Boiler market size in revenue and volume.

Chapter 3: Detailed analysis of Oil Condensing Boiler manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Oil Condensing Boiler in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Oil Condensing Boiler capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.