Electric Boiler Market Trends

Electric Boiler Market Trends

Flourishing real estate sector have seen significant growth owing to the increasing global population, which in turn will positively sway the boiler market. The implementation of stringent policies targeting greenhouse gas emissions is anticipated to lower emission rates, creating a favorable business environment. The industry is poised for considerable growth driven by the increasing number of housing units and rising urbanization rates. The key parameters comprising of higher living standards, growing disposable incomes and the rising adoption of energy-efficient heating systems will further foster the product penetration.