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Europe Gas Fired Boiler Market Trends

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

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Europe Gas Fired Boiler Market Trends

The heightened climatic challenges are poised to spur a growing need for advanced hot water systems incorporating intelligent heating technologies, thereby propelling the industry's potential. Furthermore, the escalating emphasis on energy efficiency and carbon emission reduction will fuel the boiler market. Additionally, the integration of Internet of Things (IoT) and smart technologies in these systems will escalate the industry growth.

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.