About Gas Boiler
Gas boiler is used by proane or natural gas. There are three type of gas boiler namely regular boilers, system boilers and combi boilers. Combi boiler is also known as Combination boiler. The major advantages of combination boiler are cost effective as well as energy efficient as water gets heated when it is required. In addition, no separate hot water store is needed for a combination boiler. Some of the advantages of a combi boiler for homeowners are no waiting time for hot water or heating, no hot water cylinder or storage tank required, less pipework throughout the property, among others.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global gas boiler market is highly fragmented with the presence of local players as well as regional players operating. Some of the major players operating in the market are Slant/Fin Sub Corp (United States), Viessmann Werke GmbH & Co KG (Germany), Hurst Boiler & Welding Co Inc. (United States), Sellers Manufacturing (United States), among others. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Gas Boiler market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Slant/Fin Sub Corp (United States), Viessmann Werke GmbH & Co KG (Germany), Hurst Boiler & Welding Co Inc. (United States), Sellers Manufacturing (United States), Weil-McLain (United States), U.S. Boiler Company, Inc. (United States), PB HEAT, LLC. (United States), Utica Boilers (United States), Rentech, Inc. (United States) and HTP Comfort Solutions LLC. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Lochinvar (United States), Lennox International Inc. (United States), ECR International (United States), Rinnai Corporation (Japan) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Gas Boiler market by Type (Regular Boilers, System Boilers and Combi Boilers), Application (Residential and Commercial {Office, Retail, Lodging, School, Institution, Factory Healthcare, Others}) and Region.
On the basis of geography, the market of Gas Boiler has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Capacity, the sub-segment i.e. 10 MMBtu/hr will boost the Gas Boiler market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pressure Type , the sub-segment i.e. Low Pressure will boost the Gas Boiler market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fuel Type, the sub-segment i.e. Natural Gas will boost the Gas Boiler market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement regarding Gas Boiler
Market Growth Drivers:
Growing Required for Boilers across Cold Regions and Increasing Demand for Energy Efficient Boilers across the World
Challenges:
Issue related to, If a Combi-Boiler Breaks Down, User Lose Hot Water as well as Central Heating and A problem regarding the System Can Run Out of Hot Water
Restraints:
In Combi-Boiler, there are Struggles to Meet High Demand for Water as well as Overly Complex Set-Up and Slower Water Rate
Opportunities:
Government Initiatives Regarding Development as well as Expansion of Gas Boilers
Market Leaders and their expansionary development strategies
In January 2022,Hurst Boiler is proud to introduce the completely new and innovative Hurst EGO Series 3-Fuel Boiler. These EGO Series Boilers can be fired with any of three different fuels - gas, oil, or electricity.
In January 2022,Hurst Boiler and Welding co Launched the EGO Series Tri fuel boiler at ASHRAE 2022.The EGO Series produce the power either gas or oil utilizing a burner by electricity configurations by registative electricity element.
Key Target Audience
Gas Boiler Manufacturers, Regulatory Bodies, Component Suppliers, Distributors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.