Europe Electric Radiators Market Size

Europe electric radiators market size was valued at USD 1.1 billion in 2024 and is estimated to grow at a CAGR of 3.5% from 2025 to 2034. Rising demand for energy efficient systems, increasing energy cost, growing inclination on environmental concerns and stringent policies to reduce greenhouse gas emissions will complement the business landscape. Regulatory mandates, coupled with a focus on reducing increasing energy efficiency in building infrastructure, will augment the industry outlook.

For instance, in April 2024, the European Commission rolled out new regulations aimed at boosting energy efficiency and repairability of local space heaters including electric radiators, amongst others. These measures are expected to yield significant energy savings and reduce greenhouse gas emissions by 2040.

Europe Electric Radiators Market Trends

Europe electric radiators industry is set to grow owing to energy efficiency initiatives, industrial development, rising power demand and efforts to balance electricity supply. Increased funding for advanced systems and wider adoption of zero emission across industries are also contributing to the industry growth. For instance, in April 2024, the EU Council has approved new rules for building energy efficiency, to cut greenhouse gas emissions from buildings.

The directive also seeks to address energy poverty. Key targets include making all new buildings zero-emission by 2030 and transforming the entire EU building stock to zero-emission status by 2050. Moreover, the increasing demand for efficient, lightweight, and compact systems across various applications along with low energy consumption will significantly boost product deployment.

Europe Electric Radiators Market Analysis

The oil-based heaters segment is anticipated to cross USD 400 million by 2034. Increasing demand for energy-efficient heating solutions and the focus on reducing electricity costs will complement the industry landscape. Increasing need for comfortable and well-designed heating systems, coupled with increased R&D investments aimed at improving product features will augment the product deployment. Additionally, rising environmental concerns and the demand for sustainable heating units are contributing to the industry growth.

The Europe electric radiators market from industrial segment is anticipated to witness a CAGR of over 3.5% through 2034. Rapid development of industries, implementation of favorable regulatory policies and investments aimed at improving energy efficiency will stimulate the business dynamics. Shifting focus on cost-effective methods to manage rising energy prices, coupled with efforts to achieve zero building emissions, is augmenting the industry landscape. Governments' implementation of energy efficiency measures, including minimum energy performance requirements for new constructions and major renovations, is set to boost product adoption.

Germany electric radiators market is set to reach USD 60 million by 2034. Growing emphasis on reducing energy bills and conserving energy, from generation to final consumption will stimulate the business outlook. Increasing electricity demand, coupled with shifting focus on reducing carbon emissions, will positively influencing the business dynamics. The increasing demand for environmentally friendly technologies, coupled with initiatives to enhance and develop these systems, is expected to positively impact the industry landscape.

Stringent government regulations, technological advancements improving product features, and rising demand for energy efficient systems will boost product deployment. For instance, from January 2024, new energy efficiency regulations specifically target introduces requirements for energy efficiency, energy reuse, waste heat utilization, renewable energy power supply, and energy management systems. These measures aim to enhance the sustainability of data center operations and promote innovation within the industry.

Europe Electric Radiators Market Share

Major players operating across the Europe electric radiators industry are focusing on introducing advanced technological solutions, as consumers seek efficient heating systems. Stricter energy regulations and rising power usage and companies are investing in research to improve products and adopt sustainable technologies. Mergers, acquisitions, and product development aim to meet demand for reliable heating systems, shaping the industry landscape.

Europe Electric Radiators Market Companies

Key manufacturers actively participating across the industry consist of:

• Aeon
• Eco Volt
• Electric Heating Company
• Electrorad
• Elnur
• Eskimo
• Glen Dimplex
• Haverland
• Jaga
• Lucht
• Rointe
• Stelrad
• Technotherm
• Tubes Radiatori
• Zehnder
  

Europe Electric Radiators Industry News

• In August 2024, Lucht LHZ Elektroheizung GmbH & Co. KG recently joined the Environmental and Climate Alliance Saxony (UKA) for a three-year term. This membership highlights the company’s commitment to sustainability and climate protection. As electric radiator manufacturers, the company aim to deliver quality products while reducing our environmental impact. Through UKA, it’ll enhance green initiatives and work with other companies and the Saxon government to promote sustainability and regional economic growth.
  
• In September 2023, Stelrad, a leading UK radiator manufacturer, has introduced its first-ever electric radiator range. The Electric Series, available from September 2023, includes steel and aluminum models suitable for various rooms, as well as towel rails for bathrooms. This expansion into the electric market builds on the company’s long-standing reputation in central heating radiators, offering customers in the UK and Ireland more heating options.
  

The Europe electric radiators market research report includes in-depth coverage of the industry with estimates & forecast in terms of “’000 Units” and “USD Million” “‘from 2021 to 2034, for the following segments:

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Market, By Technology

• Fan heaters
• Convection radiators
• Infrared radiators
• Oil-based radiators

Market, By Facility

• Existing buildings
• New buildings

Market, Application

• Residential
• Commercial
• Industrial

The above information has been provided for the following countries:

• UK
• Italy
• Germany
• France
• Spain
• Russia