Home > Energy & Power > Electrical Equipment > Boilers > Europe Commercial Electric Boiler Market
Europe Commercial Electric Boiler Market was valued at USD 752.5 million in 2023 and is estimated to expand at a CAGR of 15.9% between 2024 and 2032. The region has strict regulations for reducing carbon emissions, decarbonizing their energy system and reduction in dependency on fossil fuels play a vital role in reduction for controlling the carbon emission. For instance, the UK government allocated a sum of USD 68 million in 2022 for investments in the commercial real estate sector.
The extensive investments by private and public players for the development of commercial buildings primarily across the developing nations will fuel the product adoption. Abundant availability of raw materials and large human resources in line with macroeconomic indicators has attracted significant foreign greenfield investments which in turn will favor the business scenario.
Report Attribute | Details |
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Base Year: | 2023 |
Europe Commercial Electric Boiler Market Size in 2023: | USD 752.5 Million |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 15.9% |
2032 Value Projection: | USD 2.81 Billion |
Historical Data for: | 2019 to 2023 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 408 |
Segments covered: | Voltage Rating, Capacity, Product, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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