Global Domestic Boiler Market to 2021: Growing Demand for Smart Homes and Development of Smart Cities

DUBLIN, October 5, 2017 /PRNewswire/ --

The "Global Domestic Boiler Market 2017-2021" report has been added to Research and Markets' offering.

The global domestic boiler market to grow at a CAGR of 6.56% during the period 2017-2021.

Global Domestic Boiler Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is growing use of smart thermostats. Smart thermostats are gaining popularity in residential as well as commercial spaces. In the commercial sector, these systems find application in small- to medium-sized buildings. These systems are automatically installed with advanced firmware and algorithms, which, along with their learning ability, help in boosting the energy efficiency of buildings while ensuring low installation costs.

According to the report, one driver in the market is growing demand for smart homes and development of smart cities. Nowadays, consumers wish to experience more comfort and convenience through the use of several electronic devices; as a result, the smart home concept is rapidly becoming popular in many countries worldwide. This smart home concept primarily aims to make life more convenient, comfortable, entertaining, secure, and sustainable. Smart home technologies use advanced sensors to connect household appliances such as boilers, lighting systems, air conditioning units, entertainment systems, security devices, and camera systems.

Further, the report states that one challenge in the market is uncertainties associated with global crude oil prices. Crude oil has historically been one of the most volatile commodities. The primary reason for this is the complex and interwoven value chain and supply chain arrangements, which are a result of the over-dependence of almost all countries on oil. The price of crude has seen several crests and troughs in the past decades. The rise and dip in crude oil prices have ambiguously followed a trend over the past few years, which was later identified as the crude oil price cycle.

Key vendors

• A.O. Smith Water Products
• Bosch Thermotechnology
• Bryant Heating & Cooling Systems
• Immergas
• Viessmann Manufacturing

Other prominent vendors

• Alfa Laval
• Beretta International
• Carrier
• Columbia Boiler Company
• Crown Boiler
• De Dietrich (DDR Americas)
• Glow-worm
• LAARS Heating Systems
• Lennox International
• Lochinvar
• NTI Boilers
• PB Heat (Peerless)
• Raypak
• Remeha
• SIME
• Slant/Fin
• Smith Cast Iron Boilers
• Superior Boiler Works
• Unical
• US Boiler Company
• Utica Boilers
• Vaillant Group
• Velocity Boiler Works
• Weil-McLain
• Westinghouse Electric
  

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Product

Part 07: Geographical Segmentation

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

Part 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/w6vsd5/global_domestic

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SOURCE Research and Markets