Market Share of Global Domestic Boilers Industry
The Global Domestic Boilers Market is highly competitive with the presence of diverse firms of different sizes. This market is anticipated to encounter a number of partnerships, mergers, and acquisitions as organizations continue to invest strategically in offsetting the present slowdowns that they are experiencing. The market comprises key solutions and service providers, such as A.O. Smith, Bosch Thermotechnology Ltd (Worcester Bosch Group), Vaillant Group, Ideal Heating, and Suntec Energy Systems.
- May 2021 - Heat Wayv, a UK energy technology company, launched the world's first microwave boiler intended as a zero-emissions replacement for gas boilers, with a view to the phase-out of natural gas in new-build homes from 2025. Being an IoT device, the HeatWayz boiler could be remotely maintained, monitored, optimized, and upgraded without customer callouts.
Domestic Boilers Market Leaders
A.O. Smith
Bosch Thermotechnology Ltd
Vaillant Group
Ideal Heating
Suntec Energy Systems
*Disclaimer: Major Players sorted in no particular order
