Europe boiler market share is set to witness growth owing to increasing demand for space heating system along with positive outlook toward adoption of renewable technologies. Major players across the region have introduced smart control system integrated products to enhance the system efficiency and reduce fuel loss. Strict efficiency norms have initiated the deployment of high efficiency condensing boilers across the region. —
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Historical data from 2013 is provided for Europe Boiler Market along with estimates and forecasts to 2024 based on segmentation of Boiler industry by Raw Technology, By Product, By Fuel, By Application, companies and Country. Previous years’ data offers fact based information on trends and growth graph while the forecasts aim to show an outlook of Boiler market for the next few years keeping in mind the advancements happening in the sector.
Players operating in the Europe Boiler market include Grundfos, BDR Thermea Group, Daikin, Lennox, Hovalm, Slant/Fin Corporation, Viessmann, Bradford White Corporation (BWC), Immergas S.p.A, Fondital S.p.a, Wolf GmbH, Ferroli S.p.A, CTC Enertech Group, Weil-McLain, Bosch Thermotechnology, Siemens AG, Burnham Holdings, Inc, A. O. Smith Corporation, Groupe Atlantic, Ariston Thermo Group SpA, The Weishaupt Group, Baltur S.p.A, NTI Boilers, KyungDong Navien, SIME, Raypak, Energy Kinetics, ACV, Vaillant Group, NIBE
Europe Boiler market is predicted to reach over USD 12 billion by 2024. Increasing spending toward renovation of existing building coupled with increasing demand for energy efficient space heating systems will drive the industry growth. Introduction of several standards to promote the development and deployment of energy efficient heating system to reduce greenhouse gas emissions will further propel the business outlook. EU introduced several directives including Renewable Energy Directive, Energy Labelling & Ecodesign, Energy Efficiency Directive, and Energy Performance of Building Directive to limit the GHG emissions.
Germany for 2016, accounted for over 13% of Europe boiler market share owing to rapid investment toward construction sector along with favorable measures to promote the deployment of renewable heating technologies. For instance, National Action Plan on Energy Efficiency introduced by government of Germany, with an objective to encourage the adoption of energy efficient systems.
Austria boiler market in 2016, is set to reach over annual installations of 95 thousand units. Increasing investment towards construction sector along with growing economic will fuel the industry growth. In 2014, according to the European Commission the country witnessed over 47 thousand new residential establishments.
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Ability to offer high efficiency by tapping the heat from flue gases, minimal environment impact and competitive pricing are some of the key parameters which will fuel the condensing boiler market. Rising consumer awareness coupled with strict efficiency standards and norms will further propel the industry outlook. Competitive pricing, safe operations, high pressure handling capacity and long-life span are some of the key benefits which will fuel the water tube boiler market share.
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Europe Boiler Industry Insights
Chapter 4. Europe Boiler Market, By Technology
Chapter 5. Europe Boiler Market, By Product
Chapter 6 Europe Boiler Market, By Fuel
Chapter 7. Europe Boiler Market, By Application
Chapter 8 Europe Boiler Market, By Country
Chapter 9. Company Profiles
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Combi boiler Market Competitive Market Share & Forecast, 2018 - 2024
Combi Boiler Market is predicted to surpass USD 3.5 Billion by 2024. Investments toward refurbishment of residential infrastructure along with rise in demand for effective water & space heating will complement the industry outlook. Respective governments have introduced efficiency norms for limiting the GHG emissions which is further augmenting the business growth.
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