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The global residential boiler market size reached approximately USD 8.42 Billion in 2025. The market is further projected to grow at a CAGR of 5.40% between 2026 and 2035, reaching a value of USD 14.25 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
5.4%
Value in USD Billion
2026-2035
*this image is indicative*
Residential boilers are central heating appliances that are used for heating households. They heat water in a tank and distribute it to various radiators through a network of pipes. The heat generated through the boilers can be delivered by the in-floor radiant systems or baseboards.
Global Residential Boiler Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
Breakup by Boiler Type
Breakup by Technology
Breakup by Fuel Type
Breakup by Region:
Electric boilers are anticipated to account for a significant residential boiler market share. This growth can be attributed to the sound free operation offered by the product. The relatively small size of the electric boilers as opposed to the alternate heating methods supports their installation in various residential buildings and compact housing units. Electric boilers directly convert electric energy into thermal energy, ensuring the maintenance of constant temperature and minimisation of risk of fluxes.
The Asia Pacific is anticipated to witness significant growth over the forecast period. This growth can be attributed to the expansion of the residential sectors in the region owing to increasing population. The rising investments towards the development of green buildings and increasing initiatives to minimise greenhouse gas emissions, owing to growing environmental concerns are boosting the residential boiler market demand. The quieter nature of the boilers as compared to forced air systems due to the steam produced from heated water is further bolstering the adoption of boilers in the residential sector.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Daikin Industries Ltd., headquartered in Osaka, Japan, is one of the leading manufacturers of air conditioners. The company was founded in 1924 and also specialises in defence systems, residential boilers, oil hydraulics, filter products, and fluorochemicals, among others.
Burnham Holdings, Inc. is one of the leading HVAC and refrigeration manufacturing companies that provides interior comfort and thermal solutions for industrial, residential, and commercial sectors. The company was founded in 1962 and is headquartered in Pennsylvania, United States.
BDR Thermea Group B.V. is an appliance, electrical, and electronics manufacturing company that is dedicated towards providing sustainable products to allow the customers to reduce their carbon footprint. The company was established in 1684 and is headquartered in Apeldoorn, Netherlands.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other residential boiler market key players include Lennox International Inc., Ferroli S.p.A, Bradford White Corporation, Ariston Holding NV, Noritz Corporation, Viessmann Manufacturing Company, Inc., and SPX Corporation, among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 8.42 Billion in 2025.
The market is projected to grow at a CAGR of 5.40% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach USD 14.25 Billion by 2035.
The major market drivers include the increased adoption of electric boilers and rising stringency of government regulations to reduce carbon emissions.
The key trends fuelling the growth of the market include rising investments towards the development of green buildings and growing requirement for water and space heating solutions by the residential sector due to increasing urbanisation.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant types include water tube boiler, fire tube boiler, and electric boiler.
The key players in the market are Daikin Industries Ltd., Burnham Holdings, Inc., BDR Thermea Group B.V., Lennox International Inc., Ferroli S.p.A, Bradford White Corporation, Ariston Holding NV, Noritz Corporation, Viessmann Manufacturing Company, Inc., and SPX Corporation, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Boiler Type |
|
| Breakup by Technology |
|
| Breakup by Fuel Type |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
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