Report overview
A hybrid boiler is the combination of a traditional boiler with a renewable system, such as an air source heat pump or ground source heat pump. It will automatically switch between the two energy sources depending on which is the most efficient at the time. Usually hybrid boilers are installed or sold with a hybrid system. These combine the best of old and new technologies by pairing a heat pump with a conventional gas, LPG or oil boiler.
This report contains market size and forecasts of Hybrid Boiler in global, including the following market information:
Global Hybrid Boiler Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Hybrid Boiler Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Hybrid Boiler companies in 2021 (%)
The global Hybrid Boiler market was valued at 616.3 million in 2021 and is projected to reach US$ 1375.7 million by 2028, at a CAGR of 12.2% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Boiler with Air Source Heat Pump Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hybrid Boiler include Daikin Airconditioning, Immergas, Viessmann, Worcester Bosch, IBL Group, Hurst Boiler & Welding, OSAKA BOILER and Advanced Thermal Hydronics, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Hybrid Boiler manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hybrid Boiler Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hybrid Boiler Market Segment Percentages, by Type, 2021 (%)
Boiler with Air Source Heat Pump
Boiler with Ground Source Heat Pump
Others
Global Hybrid Boiler Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hybrid Boiler Market Segment Percentages, by Application, 2021 (%)
Commercial
Residential
Industrial
Global Hybrid Boiler Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hybrid Boiler Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hybrid Boiler revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Hybrid Boiler revenues share in global market, 2021 (%)
Key companies Hybrid Boiler sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Hybrid Boiler sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Daikin Airconditioning
Immergas
Viessmann
Worcester Bosch
IBL Group
Hurst Boiler & Welding
OSAKA BOILER
Advanced Thermal Hydronics
