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Europe Gas Fired Boiler Market Size

Report ID: GMI8851
Published Date: Apr 2024
Report Format: PDF

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Europe Gas Fired Boiler Market Size

Europe Gas Fired Boiler Market was valued at USD 27.7 billion in 2023 and is estimated to grow at a CAGR of over 8.5% between 2024 and 2032. Rising investments in infrastructure projects along with increasing demand for space heating in residential and commercial properties will augment the business landscape.

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A gas boiler, a sealed metallic container, serves the purpose of generating steam and hot water for various applications. These systems circulate heated water, which is then distributed through radiators for heating purposes. The widespread adoption of energy-efficient space and water heating systems, coupled with the substitution of traditional heating units, will greatly improve the business environment.

Europe Gas Fired Boiler Market Report Attributes
Report Attribute	Details
Base Year:	2023
Europe Gas Fired Boiler Market Size in 2023:	USD 27.7 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	8.5%
2032 Value Projection:	USD 57.9 Billion
Historical Data for:	2019 to 2023
No. of Pages:	180
Tables, Charts & Figures:	415
Segments covered:	Capacity, Technology, Application & Country
Growth Drivers:	Regulations toward limiting the carbon footprints Increasing demand for space heating Positive outlook toward commercial & industrial sector
Pitfalls & Challenges:	High initial investment

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Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of Europe gas fired boiler was reached USD 27.7 billion in 2023 and is expected to register 8.5% CAGR from 2024 to 2032, owing to the rising investments in infrastructure projects along with increasing demand for space heating in residential and commercial properties worldwide.

Europe gas fired boiler industry from the ? 10 MMBtu/hr segment is likely to exceed USD 50 billion by 2032, due to increasing consumer awareness of environmental impact and the implementation of stricter regulations.

France gas fired boiler industry is expected to cross USD 5 billion by 2032 and is expected to register a commendable CAGR from 2024 to 2032, due to evolving trend toward nuclear families in line with ongoing investments in expanding gas infrastructure in the country.

BAXI, BURNHAM COMMERCIAL BOILERS, Carrier, Daikin, FERROLI, Hurst Boiler & Welding, Ideal Heating, Miura America, Slant/Fin Corporation, The Fulton Companies, Vaillant Group, Viessmann, and WM Technologies, are some of the major gas fired boiler companies in Europe.