Combi Boiler Market, By Type (Fuel and Technology), By Application (Natural Gas, Oil, Others, Condensing, and Non-condensing), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030

Market for combi boilers was valued at US$ 8.24 million in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 5.0% to reach US$ 13.37 million by 2030.

A combi boiler can generate hot water on demand rather than keeping it in a tank or cylinder. This hot water may be used by your faucets, appliances, and heaters. Because it performs both heating and hot water functions on a single unit—two "combined" tasks—it is referred to as a combi boiler. A combi boiler heats water by taking it straight from the mains and reheating it as needed. Because these systems don't need a hot water storage tank or a cold water feed tank, they are becoming more popular for smaller households.