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Europe Commercial Boiler Market Size
- Report ID: GMI6917
- Published Date: Oct 2023
- Report Format: PDF
Europe Commercial Boiler Market Size
Europe Commercial Boiler Market size was valued at USD 5.6 billion in 2023 and is estimated to expand at a CAGR of 7.6% between 2024 and 2032. Stringent government regulation to deploy energy efficient heating technologies along with flourishing commercial sector will energize the industry dynamic. For instance, UK government invested USD 68 billion in 2022 across the commercial real estate sector.
The commercial boiler industry is experiencing growth owing to resurgence in the construction sector and rising investments in infrastructure. This expansion is being propelled by the need for advanced hot water systems with smart space heating technologies, especially in areas with extreme climatic conditions. Additionally, the industry is benefiting from increased consumer awareness and environmental concerns, which are reinforced by regulatory changes aimed at encouraging the adoption of efficient and dependable heating systems.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Europe Commercial Boiler Market Size in 2023: | USD 5.6 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 7.6% |
| 2032 Value Projection: | USD 10.9 Billion |
| Historical Data for: | 2019 to 2023 |
| No. of Pages: | 280 |
| Tables, Charts & Figures: | 702 |
| Segments covered: | Fuel, Capacity, Technology, Product, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Europe Commercial Boiler Market Scope
