세계의 콤비 보일러 시장 - 산업 규모, 점유율, 동향, 기회, 예측 : 연료별, 기술별, 용도별, 지역별, 경쟁별(2020-2030년)

Global Combi Boiler Market was valued at USD 36.77 Billion in 2024 and is expected to reach USD 52.32 Billion by 2030 with a CAGR of 7.52% during the forecast period.

The global Combi Boiler Market is experiencing steady growth, driven by increasing demand for energy-efficient and space-saving heating solutions across residential and commercial sectors. Combi boilers, or combination boilers, serve dual functions providing both central heating and hot water-without the need for separate water tanks or cylinders. This makes them highly attractive for urban housing, especially in space-constrained environments. The growing global emphasis on reducing carbon emissions and improving energy efficiency has accelerated the adoption of condensing combi boilers, which are significantly more efficient than traditional models. As governments around the world enforce stringent energy regulations and offer subsidies for eco-friendly home heating systems, manufacturers are focusing on developing advanced condensing technologies that meet these standards.

Moreover, the push for zero-carbon homes and upcoming bans on oil-fired boilers in several European countries are further propelling the market. North America, particularly the United States and Canada, is also witnessing increased interest in combi boilers, especially in retrofit applications and smaller homes. In Asia Pacific, rising urbanization, growth in residential construction, and improving living standards in countries like China, India, and South Korea are creating new opportunities for market expansion. However, the region still faces infrastructural limitations in rural areas, particularly regarding gas supply networks, which can inhibit widespread adoption.

Key Market Drivers

Stringent Energy Efficiency Regulations and Incentives

Government mandates and global policies aimed at reducing carbon emissions have significantly boosted demand for energy-efficient heating systems like combi boilers. Many countries require newly installed boilers to meet minimum energy efficiency thresholds of 90-92%. In Europe, approximately 75% of all new residential boilers installed in 2023 were condensing combi boilers due to compliance requirements. Switching from a non-condensing to a condensing model can result in energy savings of up to 30% annually. In the UK, households upgrading from older G-rated boilers to modern A-rated condensing boilers can save around euro490 per year on energy bills. Additionally, eco-incentives such as government grants of up to euro2,500 have encouraged widespread adoption among low-income households. Energy performance certificates (EPCs) required for home rentals and sales further push boiler upgrades, with 60% of property owners listing energy-efficient boilers as key to compliance.

Key Market Challenges

High Initial Installation and Upgrade Costs

Despite long-term energy savings, the high upfront cost of combi boilers remains a key barrier to widespread adoption, particularly in price-sensitive markets. Installing a modern condensing combi boiler can cost between USD2,500 and USD5,000, depending on size, model, and region. In many developing countries, this cost is unaffordable for average homeowners, making traditional heating systems more attractive in the short term. Even in mature markets, replacement costs including labor, pipework, and system upgrades deter some consumers from switching, especially in older properties with incompatible infrastructure. In commercial applications, retrofitting large buildings with combi systems requires a significant overhaul, often exceeding budget allocations. Financial constraints are further exacerbated when integrating smart controls or hybrid systems, which increase initial investment by 10-20%. For landlords or housing associations managing multiple properties, these costs multiply, discouraging fleet-wide upgrades. Although government subsidies and financing options exist in some regions, they are often not uniform or accessible enough to offset the financial burden for all consumers. As a result, many potential buyers delay boiler upgrades, slowing down the replacement cycle and hindering market momentum.

Key Market Trends

Rise of Smart and Connected Combi Boilers

The combi boiler market is undergoing a technological transformation with the integration of smart and IoT-enabled features. These innovations allow users to control, monitor, and optimize their heating systems remotely via mobile apps and voice assistants. In 2024, nearly 50% of new combi boilers sold in Europe and North America were equipped with smart capabilities. This includes learning thermostats, weather-responsive operation, energy consumption analytics, and automated fault diagnostics. Homeowners now expect their boilers to be part of a broader connected ecosystem, offering convenience, energy savings, and predictive maintenance alerts. Smart-enabled combi boilers can reduce energy bills by 10-25% by tailoring performance to user behavior and real-time climate conditions. Manufacturers are partnering with home automation companies to deliver integrated solutions-some even providing subscription-based platforms for energy management. Demand is particularly high among millennial and Gen Z homeowners, who prioritize digital convenience and sustainability. Commercial buildings are also adopting these systems for centralized control of heating across multiple zones. This trend is driving a new wave of product development, with companies investing in wireless connectivity, firmware updates, and cloud-based diagnostics. Additionally, many governments and utility providers are encouraging smart boiler adoption through incentives and energy-efficiency rebate programs. As connectivity becomes a standard expectation in home appliances, the smart combi boiler segment is set to be a primary growth engine in the coming years.

Key Market Players

• Vaillant Group
• Bosch Thermotechnology
• Viessmann Group
• Ariston Thermo
• Worcester Bosch
• Baxi Heating
• Ideal Boilers
• Ferroli
• Daikin Industries
• Rheem Manufacturing

Report Scope:

In this report, the Global Combi Boiler Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Combi Boiler Market, By Fuel:

• Natural Gas
• Oil
• Electric
• LPG
• Others

Combi Boiler Market, By Technology:

• Condensing Combi Boilers
• Non-Condensing Combi Boilers

Combi Boiler Market, By Application:

• Residential
• Commercial
• Others

Combi Boiler Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
• South America
  • Brazil
  • Argentina
  • Colombia
• Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Combi Boiler Market.

Available Customizations:

Global Combi Boiler Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, and Trends

4. Voice of Customer

5. Global Combi Boiler Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Fuel (Natural Gas, Oil, Electric, LPG, Others)
  • 5.2.2. By Technology (Condensing Combi Boilers, Non-Condensing Combi Boilers)
  • 5.2.3. By Application (Residential, Commercial, Others)
  • 5.2.4. By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)
• 5.3. By Company (2024)
• 5.4. Market Map

6. North America Combi Boiler Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Fuel
  • 6.2.2. By Technology
  • 6.2.3. By Application
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Combi Boiler Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Fuel
      • 6.3.1.2.2. By Technology
      • 6.3.1.2.3. By Application
  • 6.3.2. Canada Combi Boiler Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Fuel
      • 6.3.2.2.2. By Technology
      • 6.3.2.2.3. By Application
  • 6.3.3. Mexico Combi Boiler Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Fuel
      • 6.3.3.2.2. By Technology
      • 6.3.3.2.3. By Application

7. Europe Combi Boiler Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Fuel
  • 7.2.2. By Technology
  • 7.2.3. By Application
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Combi Boiler Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Fuel
      • 7.3.1.2.2. By Technology
      • 7.3.1.2.3. By Application
  • 7.3.2. France Combi Boiler Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Fuel
      • 7.3.2.2.2. By Technology
      • 7.3.2.2.3. By Application
  • 7.3.3. United Kingdom Combi Boiler Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Fuel
      • 7.3.3.2.2. By Technology
      • 7.3.3.2.3. By Application
  • 7.3.4. Italy Combi Boiler Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Fuel
      • 7.3.4.2.2. By Technology
      • 7.3.4.2.3. By Application
  • 7.3.5. Spain Combi Boiler Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Fuel
      • 7.3.5.2.2. By Technology
      • 7.3.5.2.3. By Application

8. Asia Pacific Combi Boiler Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Fuel
  • 8.2.2. By Technology
  • 8.2.3. By Application
  • 8.2.4. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Combi Boiler Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Fuel
      • 8.3.1.2.2. By Technology
      • 8.3.1.2.3. By Application
  • 8.3.2. India Combi Boiler Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Fuel
      • 8.3.2.2.2. By Technology
      • 8.3.2.2.3. By Application
  • 8.3.3. Japan Combi Boiler Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Fuel
      • 8.3.3.2.2. By Technology
      • 8.3.3.2.3. By Application
  • 8.3.4. South Korea Combi Boiler Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Fuel
      • 8.3.4.2.2. By Technology
      • 8.3.4.2.3. By Application
  • 8.3.5. Australia Combi Boiler Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Fuel
      • 8.3.5.2.2. By Technology
      • 8.3.5.2.3. By Application

9. Middle East & Africa Combi Boiler Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Fuel
  • 9.2.2. By Technology
  • 9.2.3. By Application
  • 9.2.4. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Combi Boiler Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Fuel
      • 9.3.1.2.2. By Technology
      • 9.3.1.2.3. By Application
  • 9.3.2. UAE Combi Boiler Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Fuel
      • 9.3.2.2.2. By Technology
      • 9.3.2.2.3. By Application
  • 9.3.3. South Africa Combi Boiler Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Fuel
      • 9.3.3.2.2. By Technology
      • 9.3.3.2.3. By Application

10. South America Combi Boiler Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Fuel
  • 10.2.2. By Technology
  • 10.2.3. By Application
  • 10.2.4. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Combi Boiler Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Fuel
      • 10.3.1.2.2. By Technology
      • 10.3.1.2.3. By Application
  • 10.3.2. Colombia Combi Boiler Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Fuel
      • 10.3.2.2.2. By Technology
      • 10.3.2.2.3. By Application
  • 10.3.3. Argentina Combi Boiler Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Fuel
      • 10.3.3.2.2. By Technology
      • 10.3.3.2.3. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends and Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Company Profiles

• 13.1. Vaillant Group
  • 13.1.1. Business Overview
  • 13.1.2. Key Revenue and Financials
  • 13.1.3. Recent Developments
  • 13.1.4. Key Personnel
  • 13.1.5. Key Product/Services Offered
• 13.2. Bosch Thermotechnology
• 13.3. Viessmann Group
• 13.4. Ariston Thermo
• 13.5. Worcester Bosch
• 13.6. Baxi Heating
• 13.7. Ideal Boilers
• 13.8. Ferroli
• 13.9. Daikin Industries
• 13.10. Rheem Manufacturing

14. Strategic Recommendations

15. About Us & Disclaimer