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Europe Boiler Market Trends

  • Report ID: GMI2459
  • Published Date: Feb 2023
  • Report Format: PDF
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 Europe Boiler Market Trends

The high installation cost of boilers increases the burden of the initial expenses. Additionally, changing boilers requires maintenance schedules and modification of operation, which may affect product adoption. The high cost is also involved in repairing and replacing the boilers. Due to this reason, many customers in some countries are turning to conventional heat pumps as they are offered subsidies on their purchases which makes the pumps more economical than gas boilers. 

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of Europe boiler recorded a valuation of over USD 48.8 billion in 2023 and is poised to grow at over 8.1% gains through 2032, on account of government protocols to phase out GHG emissions.

The residential application segment is anticipated to grow at more than 8.5% CAGR between 2023 and 2032 owing to increasing measures to save energy.

The France boiler industry is slated to grow at over 8.5% growth rate from 2023 to 2032, due to huge investments in the industrial sector.

Some of the major companies include in the regional market are Babcock Wanson, Bosch Industriekessel, FERROLI, ACV, Ariston Holding, Bharat Heavy Electricals, Babcock & Wilcox, A.O. Smith, Atlantic, and BDR Thermea Group, among others.

Europe Boiler Market Scope

  • Europe Boiler Market Size
  • Europe Boiler Market Trends
  • Europe Boiler Market Analysis
  • Europe Boiler Market Share

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    • Base Year: 2023
    • Companies covered: 40
    • Tables & Figures: 550
    • Countries covered: 9
    • Pages: 556
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