North America Combi Boiler Market Size

North America Combi Boiler Market size in 2023 was valued at USD 1.2 billion and is estimated to grow at a rate of 4.6% from 2024 to 2032. Surging development of multi-story buildings including apartments and duplexes along with stringent government regulations to limit carbon emissions will energize the business dynamics. For instance, in 2023, the investments in real estate sector have grown at a rate of over 4% across the U.S.

A combi boiler functions as a heating system that offers both hot water for domestic purposes and central heating for a property, all from a single unit. These boilers are frequently installed in residential homes and smaller commercial buildings owing to their compact design, efficiency, and ability to supply hot water instantly without requiring a separate hot water storage tank or cylinder.