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Europe Commercial Electric Boiler Market Size

  • Report ID: GMI7055
  • Published Date: Oct 2023
  • Report Format: PDF

Europe Commercial Electric Boiler Market Size

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.

Authors: Ankit Gupta, shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market valuation of commercial electric boiler in Europe was worth USD 752.5 million in 2023 and is estimated to surpass USD 2.81 billion by 2032.

The hot water commercial electric boiler market in Europe is set to record 15.6% CAGR from 2023 to 2032, owing to the rising adoption of efficient and cost-effective systems to accomplish the water heating & storage needs across the commercial facilities.

France commercial electric boiler market was valued at over USD 129 million in 2022 and will grow through 2032, due to the increasing consumer inclination for eco-friendly options and environmental regulations for installation of efficient & reliable heating units.

Lochinvar, Flexi heat UK, Cleaver-Brooks, VIESSMANN, FONDITAL S.p.A., FERROLI S.p.A, Fonderie Sime S.p.A., Bosch, Weil-McLain, BURNHAM COMMERCIAL BOILERS, Thermal Solutions LLC, Bradford White Corporation, Ecotherm Austria GmbH, Slant/Fin Corporation, Klopper therm, Ariston Holding N.V., Vaillant Group, Clayton Industries, The Fulton Companies, and Babcock Wanson.

Europe Commercial Electric Boiler Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 408
  • Countries covered: 9
  • Pages: 150
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