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Europe Commercial Boiler Market Size

  • Report ID: GMI6917
  • Published Date: Oct 2023
  • Report Format: PDF

Europe Commercial Boiler Market Size

Europe Commercial Boiler Market size was valued at USD 5.6 billion in 2023 and is estimated to expand at a CAGR of 7.6% between 2024 and 2032. Stringent government regulation to deploy energy efficient heating technologies along with flourishing commercial sector will energize the industry dynamic. For instance, UK government invested USD 68 billion in 2022 across the commercial real estate sector.

 

Europe Commercial Boiler Market

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The commercial boiler industry is experiencing growth owing to resurgence in the construction sector and rising investments in infrastructure. This expansion is being propelled by the need for advanced hot water systems with smart space heating technologies, especially in areas with extreme climatic conditions. Additionally, the industry is benefiting from increased consumer awareness and environmental concerns, which are reinforced by regulatory changes aimed at encouraging the adoption of efficient and dependable heating systems.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of commercial boiler in Europe was worth USD 5.6 billion in 2023 and is estimated to surpass USD 10.9 billion by 2032.

The hot water boiler segment is set to record over 7.7% CAGR from 2023 to 2032, owing to the increasing utilization of affordable and effective systems to fulfill water heating and storage requirements in the commercial sector.

The UK commercial boiler market surpassed USD 983 million in 2022 and is expected to grow through 2032, as the thriving commercial sector is keeping pace with the rapid growth of educational institutions in the region.

Babcock & Wilcox Enterprises, Inc., Hurst Boiler & Welding Co, Inc., Cleaver-Brooks, VIESSMANN, FONDITAL S.p.A., Bradford White Corporation, PARKER BOILER, Slant/Fin Corporation, A.O. Smith, Ariston Holding N.V., Vaillant Group, Clayton Industries, The Fulton Companies, and Babcock Wanson.

Europe Commercial Boiler Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 702
  • Countries covered: 9
  • Pages: 280
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