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Europe Electric Radiators Market Size
- Report ID: GMI3220
- Published Date: Apr 2019
- Report Format: PDF
Europe Electric Radiators Market Size
Europe Electric Radiators Market size in 2018 was valued over USD 500 million and the annual installation is set to surpass 6,000 thousand units by 2025.
Europe electric radiators market is set to grow owing to rising environment concerns along with the introduction of stringent norms to combat GHG emissions. The European Commission has proposed an energy efficiency directive to launch policies and measures with an aim to support the EU energy efficiency target. Strict regulatory mandates along with the focus toward reduction of electricity bills is projected to complement the business outlook.
| Report Attribute | Details |
|---|---|
| Base Year: | 2018 |
| Europe Electric Radiators Market Size in 2018: | 500 Million (USD) |
| Forecast Period: | 2019 to 2025 |
| Forecast Period 2019 to 2025 CAGR: | 4.8% |
| 2025 Value Projection: | 600 Million (USD) |
| Historical Data for: | 2014 to 2018 |
| No. of Pages: | 240 |
| Tables, Charts & Figures: | 330 |
| Segments covered: | Technology, Facility, Application and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Introduction of energy efficiency strategies, rapid industrialization and increasing demand for power consumption will positively influence the electric radiators market share. Growing efforts to minimalize the electricity demand and supply mismatch is anticipated to encourage the business outlook. In addition, rising technological funding toward the development of advanced system coupled with the growing implication of energy management and optimization across the industries will propel the product penetration.
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Europe Electric Radiators Market Scope
