Domestic boiler - List of Manufacturers, Suppliers, Companies and Products

[Market Report] Residential Boiler Market

The residential boiler market is set for rapid growth: from 7.9 billion to 12.4 billion USD from 2022 to 2031.

The global residential boiler market is expected to grow steadily during the forecast period from 2023 to 2031, with a compound annual growth rate (CAGR) of 5.2%, increasing the market size from $7.9 billion to $12.4 billion. The growth of the market is supported by factors such as the increasing demand for housing, improvements in energy efficiency, and a rising awareness of environmental issues. In particular, as interest in sustainable energy grows, the demand for energy-efficient residential boilers is increasing. Furthermore, advancements in urbanization in emerging countries, the development of housing infrastructure, and the rising demand in cold regions are also driving market growth.

• Company：Panorama Data Insights Ltd.
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