Industry Statistics and Trends
Market size and recent performance (2015-2030)
Industry revenue has grown at a CAGR of 8.4 % over the past five years, to reach an estimated €7.6bn in 2025.
Trends and Insights
The new Building Energy Act is forcing the development of new hybrid solutions
- The Building Energy Act, which came into force in November 2020, merged the previous regulations of the Energy Saving Act (EnEG), the Energy Saving Ordinance (EnEV) and the Renewable Energies Heat Act (EEWärmeG) into a standardised set of rules. The main tightening and far-reaching changes, particularly in the area of heating technology, were only added with the amendments of 2023 and 2024. The new draft law stipulates that from 2024, all newly installed heating systems must be powered by at least 65% renewable energy. Boilers that run on liquid or gaseous fuels and were installed before 1991 may no longer be operated. This replacement obligation will take effect after 30 years of operation at the latest.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2025-2030)
Market size is projected to grow over the next five years.
Trends and Insights
US tariffs could have long-lasting disadvantages for the heating industry
- The tariffs on steel and aluminium imports into the USA were increased to 50% on 4 June 2025. The current regulation stipulates that the new tariffs will remain in force indefinitely unless the President announces new changes by proclamation. Heating systems, especially heat pumps and traditional boilers, are largely made of steel and aluminium. The increased tariffs will lead to higher material costs, which manufacturers will either have to bear themselves or pass on to end consumers, making products more expensive and reducing opportunities in the US market.
Biggest companies in the Radiator & Boiler Manufacturing in Germany
| Company | Market Share (%)
2025 | Revenue (€m)
2025 |
|---|---|---|
Vaillant GmbH | 1,137.5 | |
Weishaupt Holding GmbH | 713.7 | |
Viessmann Group GmbH & Co. KG | 498.0 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Central heating boiler with gas heating, Parts for central heating boilers and Radiators for central heating systems. Central heating boiler with gas heating is the largest segment of the Radiator & Boiler Manufacturing in Germany.
Trends and Insights
Gas condensing boilers are becoming the most important product among central heating boilers with gas heating
- Central heating boilers with gas heating are the largest product segment in the industry. They can be divided into gas central heating boilers and gas condensing boilers.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Companies in this sector manufacture various types of radiators, central heating systems and parts for them. This includes heaters that generate heat using oil, gas or wood pellets. The manufacture of electrical appliances and heat pumps is not part of the sector's activities.
What's included in this industry?
Products and services covered in the Radiator & Boiler Manufacturing industry in Germany include Central heating boiler with gas heating, Parts for central heating boilers, Radiators for central heating systems, Central heating boiler with other heating and Central heating boiler with oil heating.Companies
Companies covered in the Radiator & Boiler Manufacturing industry in Germany include Vaillant GmbH, Weishaupt Holding GmbH and Viessmann Group GmbH & Co. KG.Purchase this report to view all 3 major companies in this industry.
Related Terms
Related terms covered in the Radiator & Boiler Manufacturing industry in Germany include heating value boiler, condensing boiler, depth of production, heat pump and hybrid heating.Industry Code
WZ 25.21 - Radiator & Boiler Manufacturing in Germany
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
The entry into force of the Building Energy Act led to a huge increase in demand for more environmentally friendly heating systems. The law greatly tightened the requirements...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2015-2024) and forecast (2025-2030)
- Employees, including historical (2015-2024) and forecast (2025-2030)
- Businesses, including historical (2015-2024) and forecast (2025-2030)
- Profit, including historical (2015-2025)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Gas-fired central heating boilers are the largest product segment in the industry. Gas condensing boilers are increasingly replacing condensing boilers, as they are more econ...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2025
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2025
- Major market segmentation in 2025
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The largest share of companies in this sector can be found in the Central region, followed by the South region. In addition to a high share of the total population, these reg...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2025
Tables
- Number and share of establishments in each region in 2025
- Number and share of revenue each region accounts for in 2025
- Number and share of wages each region accounts for in 2025
- Number and share of employees in each region in 2025
Detailed analysis
- Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
A significant proportion of domestic demand is covered by imports. As a result of lower production costs, foreign manufacturers are able to offer their products at lower pric...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2020-2025
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Vaillant is expanding its range of services Services such as commissioning, repairs, maintenance and technical support from specialist partners round off the company's portfol...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2021 through 2025
- Major companies in the industry, including market share, revenue, profit and profit margin in 2025
- Overview of Vaillant GmbH's performance by revenue, market share and profit margin from 2019 through 2025
- Overview of Weishaupt Holding GmbH's performance by revenue, market share and profit margin from 2019 through 2025
- Overview of Viessmann Group GmbH & Co. KG's performance by revenue, market share and profit margin from 2019 through 2025
Detailed analysis
- Description and key data for Vaillant GmbH, and factors influencing its performance in the industry
- Description and key data for Weishaupt Holding GmbH, and factors influencing its performance in the industry
- Description and key data for Viessmann Group GmbH & Co. KG, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The industry is subject to strict regulation. In particular, the Öcodesign directive, which places certain requirements on heating systems in terms of energy efficiency and r...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2015-2030)
- Assistance historical data and forecast (2015-2030)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
The manufacturers of heaters and boilers have recently been able to significantly increase their profit margins. Due to the heat transition, industry players are currently ab...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2015-2030)
- Revenue per Employee (2015-2030)
- Revenue per Enterprise (2015-2030)
- Employees per Establishment (2015-2030)
- Employees per Enterprise (2015-2030)
- Average Wage (2015-2030)
- Wages/Revenue (2015-2030)
- Establishments per Enterprise (2015-2030)
- IVA/Revenue (2015-2030)
- Imports/Demand (2015-2030)
- Exports/Revenue (2015-2030)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2015-2030)
- IVA (2015-2030)
- Establishments (2015-2030)
- Enterprises (2015-2030)
- Employment (2015-2030)
- Exports (2015-2030)
- Imports (2015-2030)
- Wages (2015-2030)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Radiator & Boiler Manufacturing industry in Germany in 2025?
The market size of the Radiator & Boiler Manufacturing industry in Germany is €7.6bn in 2025.
How many businesses are there in the Radiator & Boiler Manufacturing industry in Germany in 2025?
There are 86 businesses in the Radiator & Boiler Manufacturing industry in Germany, which has declined at a CAGR of 0.5 % between 2020 and 2025.
How may import tariffs affect the Radiator & Boiler Manufacturing industry in Germany?
The Radiator & Boiler Manufacturing industry in Germany is likely to be impacted by import tariffs with imports accounting for a moderate share of industry revenue.
How may export tariffs affect the Radiator & Boiler Manufacturing industry in Germany?
The Radiator & Boiler Manufacturing industry in Germany is likely to be impacted by export tariffs with exports accounting for a moderate share of industry revenue.
Has the Radiator & Boiler Manufacturing industry in Germany grown or declined over the past 5 years?
The market size of the Radiator & Boiler Manufacturing industry in Germany has been growing at a CAGR of 8.4 % between 2020 and 2025.
What is the forecast growth of the Radiator & Boiler Manufacturing industry in Germany over the next 5 years?
Over the next five years, the Radiator & Boiler Manufacturing industry in Germany is expected to grow.
What are the biggest companies in the Radiator & Boiler Manufacturing industry in Germany?
The biggest companies operating in the Radiator & Boiler Manufacturing industry in Germany are Vaillant GmbH, Weishaupt Holding GmbH and Viessmann Group GmbH & Co. KG
What does the Radiator & Boiler Manufacturing industry in Germany include?
Central heating boiler with gas heating and Parts for central heating boilers are part of the Radiator & Boiler Manufacturing industry in Germany.
Which companies have the highest market share in the Radiator & Boiler Manufacturing industry in Germany?
The company holding the most market share in the Radiator & Boiler Manufacturing industry in Germany is Vaillant GmbH.
How competitive is the Radiator & Boiler Manufacturing industry in Germany?
The level of competition is high and increasing in the Radiator & Boiler Manufacturing industry in Germany.
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Germany include:
- German Federal Statistics Office (Destatis)
- European Statistics Office (Eurostat)
- United Nations Comtrade
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
