Residential Boiler Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type, By Technology, By Fuel Type, By Region, By Competition, 2020-2030F

Description

The Global Residential Boiler Market, valued at USD 12.62 Billion in 2024, is projected to experience a CAGR of 7.48% to reach USD 19.45 Billion by 2030. A residential boiler is a heating appliance engineered to provide space heating and domestic hot water for residential properties by warming water or generating steam, which is then circulated throughout a building's pipework and heat emitters. The market's expansion is fundamentally supported by the increasing global emphasis on energy efficiency, stringent government regulations advocating for environmentally sound heating technologies, and heightened consumer awareness regarding sustainable living practices.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 12.62 Billion
Market Size 2030	USD 19.45 Billion
CAGR 2025-2030	7.48%
Fastest Growing Segment	Gas Fired
Largest Market	Europe

Key Market Drivers

The increasing demand for energy-efficient heating solutions fundamentally shapes the global residential boiler market. Consumers are increasingly prioritizing systems that offer reduced operational costs and lower environmental impact, driving a significant shift towards more advanced boiler technologies. This trend is particularly evident in developed regions where energy prices are higher and environmental awareness is more pronounced.

Key Market Challenges

The residential boiler market faces a substantial challenge from the accelerating transition towards alternative heating technologies, particularly heat pumps. This shift is primarily driven by evolving decarbonization policies and a growing focus on reducing reliance on fossil fuels across many regions. As consumers and governments increasingly prioritize sustainable and energy-efficient solutions, the demand for traditional fossil fuel-based residential boilers experiences direct competitive pressure.

Key Market Trends

Advancements in smart home and AI-driven boiler controls are fundamentally shaping the residential boiler market by enhancing user convenience and energy efficiency. These intelligent systems enable remote heating management and precise consumption alignment with homeowner needs, resulting in lower operational costs and improved comfort. Vaillant offers its myVAILLANT connect internet gateway and app for smart home boiler integration, providing features like remote monitoring and voice assistant compatibility.

Key Market Players

Bosch Thermotechnik GmbH
Viessmann Group GmbH & Co. KG
Baxi Group
Ariston Holding N.V.
Vaillant Group
Daikin Industries Ltd
Honeywell International Inc.
Lennox International Inc.
Carrier Global Corporation
Burnham Holdings Inc.

Report Scope:

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

Residential Boiler Market, By Type:

Water Tube Boiler
Fire Tube Boiler
Electric Boiler

Residential Boiler Market, By Technology:

Condensing
Non-condensing

Residential Boiler Market, By Fuel Type:

Coal-Fired
Oil Fired
Gas Fired
Others

Residential Boiler Market, By Region:

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

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Residential Boiler Market.

Available Customizations:

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

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, Trends

4. Voice of Customer

5. Global Residential Boiler Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Type (Water Tube Boiler, Fire Tube Boiler, Electric Boiler)
- 5.2.2. By Technology (Condensing, Non-condensing)
- 5.2.3. By Fuel Type (Coal-Fired, Oil Fired, Gas Fired, Others)
- 5.2.4. By Region
- 5.2.5. By Company (2024)
5.3. Market Map

6. North America Residential Boiler Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Technology
- 6.2.3. By Fuel Type
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Residential 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 Type
    - 6.3.1.2.2. By Technology
    - 6.3.1.2.3. By Fuel Type
- 6.3.2. Canada Residential 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 Type
    - 6.3.2.2.2. By Technology
    - 6.3.2.2.3. By Fuel Type
- 6.3.3. Mexico Residential 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 Type
    - 6.3.3.2.2. By Technology
    - 6.3.3.2.3. By Fuel Type

7. Europe Residential Boiler Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Technology
- 7.2.3. By Fuel Type
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Residential 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 Type
    - 7.3.1.2.2. By Technology
    - 7.3.1.2.3. By Fuel Type
- 7.3.2. France Residential 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 Type
    - 7.3.2.2.2. By Technology
    - 7.3.2.2.3. By Fuel Type
- 7.3.3. United Kingdom Residential 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 Type
    - 7.3.3.2.2. By Technology
    - 7.3.3.2.3. By Fuel Type
- 7.3.4. Italy Residential 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 Type
    - 7.3.4.2.2. By Technology
    - 7.3.4.2.3. By Fuel Type
- 7.3.5. Spain Residential 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 Type
    - 7.3.5.2.2. By Technology
    - 7.3.5.2.3. By Fuel Type

8. Asia Pacific Residential Boiler Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Technology
- 8.2.3. By Fuel Type
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Residential 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 Type
    - 8.3.1.2.2. By Technology
    - 8.3.1.2.3. By Fuel Type
- 8.3.2. India Residential 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 Type
    - 8.3.2.2.2. By Technology
    - 8.3.2.2.3. By Fuel Type
- 8.3.3. Japan Residential 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 Type
    - 8.3.3.2.2. By Technology
    - 8.3.3.2.3. By Fuel Type
- 8.3.4. South Korea Residential 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 Type
    - 8.3.4.2.2. By Technology
    - 8.3.4.2.3. By Fuel Type
- 8.3.5. Australia Residential 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 Type
    - 8.3.5.2.2. By Technology
    - 8.3.5.2.3. By Fuel Type

9. Middle East & Africa Residential Boiler Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Technology
- 9.2.3. By Fuel Type
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Residential 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 Type
    - 9.3.1.2.2. By Technology
    - 9.3.1.2.3. By Fuel Type
- 9.3.2. UAE Residential 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 Type
    - 9.3.2.2.2. By Technology
    - 9.3.2.2.3. By Fuel Type
- 9.3.3. South Africa Residential 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 Type
    - 9.3.3.2.2. By Technology
    - 9.3.3.2.3. By Fuel Type

10. South America Residential Boiler Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Technology
- 10.2.3. By Fuel Type
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Residential 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 Type
    - 10.3.1.2.2. By Technology
    - 10.3.1.2.3. By Fuel Type
- 10.3.2. Colombia Residential 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 Type
    - 10.3.2.2.2. By Technology
    - 10.3.2.2.3. By Fuel Type
- 10.3.3. Argentina Residential 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 Type
    - 10.3.3.2.2. By Technology
    - 10.3.3.2.3. By Fuel Type

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

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

13. Global Residential Boiler Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Bosch Thermotechnik GmbH
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Viessmann Group GmbH & Co. KG
15.3. Baxi Group
15.4. Ariston Holding N.V.
15.5. Vaillant Group
15.6. Daikin Industries Ltd
15.7. Honeywell International Inc.
15.8. Lennox International Inc.
15.9. Carrier Global Corporation
15.10. Burnham Holdings Inc.