Report overview
A hybrid heating system, also called the dual-fuel system, is an air heat pump backed by an auxiliary combustion furnace. It can cost more than conventional heating systems but offers long-term savings. It can save about 30-50% on electricity bills and pay for itself in three to five years.
This report contains market size and forecasts of Hybrid Heating System in global, including the following market information:
Global Hybrid Heating System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Hybrid Heating System Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Hybrid Heating System companies in 2021 (%)
The global Hybrid Heating System market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % 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.
Air Source Heat Pump Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hybrid Heating System include Daikin, Immergas, Viessmann, Worcester Bosch, IBL Group, Hurst Boiler & Welding, Osaka Boiler, Advanced Thermal Hydronics and Vaillant Group and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Hybrid Heating System 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 Heating System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hybrid Heating System Market Segment Percentages, by Type, 2021 (%)
Air Source Heat Pump
Ground Source Heat Pump
Other
Global Hybrid Heating System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hybrid Heating System Market Segment Percentages, by Application, 2021 (%)
Commercial
Residential
Industrial
Global Hybrid Heating System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hybrid Heating System 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 Heating System revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Hybrid Heating System revenues share in global market, 2021 (%)
Key companies Hybrid Heating System sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Hybrid Heating System sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Daikin
Immergas
Viessmann
Worcester Bosch
IBL Group
Hurst Boiler & Welding
Osaka Boiler
Advanced Thermal Hydronics
Vaillant Group
Windhager Zentralheizung
