According to our (Global Info Research) latest study, the global Wall Hanging Furnace market size was valued at US$ 13243 million in 2025 and is forecast to a readjusted size of US$ 18893 million by 2032 with a CAGR of 5.3% during review period.
Wall Hanging Furnace are compact heating units mounted on walls and designed to provide space heating and domestic hot water for residential and small commercial buildings. They operate using natural gas, liquefied gas, or electricity, heating water that is circulated through radiators, underfloor heating systems, or delivered for household use. Wall hung boilers integrate combustion, heat exchange, control, and safety systems into a single unit, offering advantages such as small footprint, flexible installation, high efficiency, and independent temperature control, making them well suited for decentralized heating solutions.
The Wall Hanging Furnace market is primarily driven by rising demand for improved residential heating comfort and higher energy efficiency. Urbanization and improving living standards increase consumers’ preference for individual heating and on-demand hot water solutions. At the same time, stricter energy-efficiency and emission regulations are accelerating the replacement of older, inefficient heating systems with high-efficiency, low-emission condensing wall hung boilers. In addition, renovation of aging building stock, demand for space-saving equipment in new housing, and the integration of smart controls and connectivity features further support sustained growth in the wall hung boiler market.
The main brands on the wall hanging stove market are in the majority of European brands.Well-known foreign brands include Vaillant, BOSCH, BDR Thermea, Ariston, Immergas, FERROLI, Beretta, Viessmann, etc.There are a large number of Chinese brands, the more famous brands include Dixon, Wanward, Rinnai, Esin and so on. The industry's leading producers are Beretta, Vaillant and BOSCH, with a revenue ratio of 25.94%, 22.30% and 19.99%, respectively.
This report is a detailed and comprehensive analysis for global Wall Hanging Furnace market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Wall Hanging Furnace market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2021-2032
Global Wall Hanging Furnace market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2021-2032
Global Wall Hanging Furnace market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2021-2032
Global Wall Hanging Furnace market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Wall Hanging Furnace
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Wall Hanging Furnace market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bosch, Vaillant, BDR Thermea, Viessmann, Atlantic, Ariston, Immergas, Ferroli, Beretta, KD Navien, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Wall Hanging Furnace market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Noncondensing Type
Condensing Type
Market segment by Function
Heating-Only Boilers
Combi Boilers (Heating and Domestic Hot Water)
Market segment by Heat Output Range
Low Output Boilers
Medium Output Boilers
High Output Boilers
Market segment by Application
Household
Commercial
Major players covered
Bosch
Vaillant
BDR Thermea
Viessmann
Atlantic
Ariston
Immergas
Ferroli
Beretta
KD Navien
Rinnai
Lemax
Elginkan
Wolf (Centrotec)
Daikin
Squirrel (Devotion)
Vanward
Guangdong Macro
Haier
Midea
Fondital
ESIN Thermo Group
Haydn
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Wall Hanging Furnace product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Wall Hanging Furnace, with price, sales quantity, revenue, and global market share of Wall Hanging Furnace from 2021 to 2026.
Chapter 3, the Wall Hanging Furnace competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Wall Hanging Furnace breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Wall Hanging Furnace market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Wall Hanging Furnace.
Chapter 14 and 15, to describe Wall Hanging Furnace sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Wall Hanging Furnace. Industry analysis & Market Report on Wall Hanging Furnace is a syndicated market report, published as Global Wall Hanging Furnace Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Wall Hanging Furnace market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.