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Europe Combi Boiler Market Trends

  • Report ID: GMI6881
  • Published Date: Oct 2023
  • Report Format: PDF

Europe Combi Boiler Market Trends

The Europe boiler market has experienced robust growth owing to increasing stringency of emission regulations. The residential sector, a significant source of greenhouse gas emissions, has become a focal point for policymakers. Consequently, governments have implemented emission reduction goals and compliance standards to mitigate carbon emissions from households. Combi boilers, with their capacity to deliver both space heating and hot water while requiring minimal space, have seen an expanding presence within the residential heating sector.
 

Additionally, continuous advancements in technology to create modern heating facilities, combined with the ongoing replacement of traditional heating units with more cost-effective options, will contribute to the industry's growth. Furthermore, the rapid urbanization seen in emerging economies, in tandem with the increasing preference for sustainable solutions, will propel the growth of this sector.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market valuation for combi boiler in Europe was worth USD 19.4 billion in 2023 and is estimated to surpass USD 30.7 billion by 2032, due to higher usage in residential homes and smaller commercial buildings.

Europe condensing combi boiler market size is set to grow at 5.8% growth rate from 2023 to 2032, owing to the introduction of rebates and other beneficial incentives.

U.K. combi boiler industry size crossed USD 3.8 billion in 2022, driven by strong government investments for the promotion of energy-efficient heating systems and the ongoing advancement of modern facilities.

Bosch Thermotechnology Ltd., Ideal Boilers, Baxi, Rinnai Corporation, and Thermodyne Boilers among others.

Europe Combi Boiler Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 18
  • Tables & Figures: 344
  • Countries covered: 18
  • Pages: 125
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