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Europe Residential Boiler Market Size

  • Report ID: GMI2717
  • Published Date: May 2023
  • Report Format: PDF

Europe Residential Boiler Market Size

Europe Residential Boiler Market size surpassed USD 40.6 billion in 2023 and is anticipated to expand at 8.3% from 2024 to 2032. Increasing population and urbanization rate primarily across the developing nations along with surging infrastructural investments for development of sustainable building infrastructure will foster the industry growth.

 

Improved living standards and rising disposable incomes along with increasing consumer inclination toward deployment of advanced boilers will propel the industry landscape. Rising emission constraints have compelled regulators to introduce design standards for development of energy efficient products and emission control regulations for manufacturers which in turn will fuel the product penetration. Moreover, ongoing transformations of categorization of rural areas as urban areas will stimulate the demand for these boilers.
 

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The market size of residential boilers in Europe surpassed USD 40.6 billion in 2023 and expected to depict 8.3% CAGR during 2024 to 2032, explains the GMI report.

Gas-based boiler industry size will record 8.2% growth during 2023 to 2032 due to the robust adoption of green technologies and shifting government focus on the reduction of green emissions.

France residential boiler sector is estimated to amass USD 9.5 billion by 2032 owing to the introduction of a national energy policy along with the flourishing tourism sector.

BDR Thermea Group, Hoval, VIESSMANN, Immergas S.p.A, Bradford White Corporation, Bosch Industriekessel, A. O. Smith, FERROLI, ACV, NTI Boilers, Atlantic, Ariston Holding N.V., Fonderie Sime S.p.A., Carrier, Vaillant Group, and Lennox International Inc.

Europe Residential Boiler Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 639
  • Countries covered: 18
  • Pages: 280
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