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USD MillionOngoing investments toward residential construction coupled with growing demand for efficient space heating systems will drive the residential boiler market size. In 2. 01. 6, total investment towards residential building construction in China was valued over USD 1 trillion. Government ambitious plan towards zero emission buildings will lead to replacement of traditional heating systems with efficient boilers. Growing concern towards greenhouse gas emissions coupled with measures to reduce carbon footprints will foster the residential boiler market share. According to Environmental Protection Agency, in 2. U. S. residential and commercial sector accounted for over 1. GHG emissions. Introduction of codes and standards toward adoption of energy efficient space and water heating technologies will further embellish the business growth. Economic revival in Europe and Latin America along with increasing demand for space heating will fuel the residential boiler market growth. The Industry Rose Foster Pdf To JpgEfforts to improve gas accessibility coupled with favorable government initiatives toward adoption of energy efficient heating systems will further thrust the product demand. Sp Flash Tool Mt6572. However, growing popularity of solar space heating technologies may act as a restraint for industry growth. Residential Boiler Market, By Technology. Ongoing measures toward energy conservation coupled with mandate toward minimal efficiency requirements will drive the condensing residential boiler market growth. The Ecodesign directive 2. EC introduced by the European Union underlines the ecological requirements for all energy related products. Government measures to curb residential energy consumption will further complement the business outlook across developed economies. Non condensing residential boiler market size in 2. USD 4 billion. Ability to operate under extreme climatic conditions and compact design are some of the key features which make its adoption preferable over other available counterparts. Ease of installation and minimum maintenance cost of the system will further propel the industry growth. Residential Boiler Market, By Product. Fire tube in 2. 01. Low installation and operational cost of the system will further stimulate the product penetration. However, low steam production rate and lower safety when compared to water tube boilers may act as an industry restraint. Water tube residential boiler market is predicted to exceed 9 million units by 2. Growing popularity of hydronic underfloor heating systems coupled with better safety features will stimulate the product demand. High efficiency and ability to handle high pressure will further complement the industry outlook. Residential Boiler Market, By Fuel. Natural gas in 2. Improved safety and less space requirement features makes gas fired boilers preferable over available alternatives. Competitive pricing of natural gas, minimal maintenance cost and low pollution content will further boost the product penetration. Oil fired residential boiler market in 2. USD 2 billion. Limited accessibility of natural gas in developing economies coupled with growing popularity of central heating systems will foster the product demand. High efficiency of these systems along with retrofitting and replacement of existing heating units across developed countries will further augment the business growth. Residential Boiler Market, By Region. U. S. residential boiler market is set to reach over 6. Government focus toward limiting carbon emissions coupled with growing popularity of condensing boilers are some of the key drivers which will propel the industry growth. In March 2. 01. 6, Department of Energy amended the minimum efficiency requirements for residential boilers. These standards will be effective from January 1. AFUE of 8. 4. China residential boiler market will witness strong growth owing to ongoing construction spending towards residential establishments. Efforts to reduce carbon emissions across the urban centers in the country will further lead to replacement and retrofitting of existing heating units. According to National Development and Reform Commission, in 2. Germany in 2. 01. Europe residential boiler market revenue. Supportive government policies towards high efficiency boiler installations coupled with retrofitting and replacement of traditional heating units will fuel the product demand. Under the Energy Efficient retrofitting scheme, home owners are provided with 1. Competitive Market Share. Key industry participants include SlantFin, Bosch, AC Boilers, HTP, Lennox, Viessmann, ACV, Buderus, ECR, NTI Boilers, PB Heat, Navien, Bradford White and Baxi. Other prominent players include Parker Boiler, Weil Mc. Lain, Burnham Holdings, A. Creative Volume Control Panel For Vista there. O. Smith, Siemens AG and Saudi Boilers. Industry players as a part of strategy are focusing toward product diversification and product assortment. Companies are modifying existing product lines and launching new products to meet the customized product demand. Residential Boiler Industry Background. Boilers are enclosed metallic vessels which provide hot water and steam for various applications. These systems transfer the heat to water which is then circulated through radiators or other devices for space heating purpose. Oil, natural gas and coal are some of the commonly used fuel for firing these units. Efforts towards reducing emissions coupled with growing concerns toward urban air quality will further fuel the business growth. What Information does this report contain What was the historic market data from 2. A detailed analysis of regulatory trends, growth drivers, industry pitfalls, challenges and opportunities for participants. Which are the leading market products, applications regions and how will they perform by 2. What are the technology innovation trends, how will they evolve by 2.