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Europe Electric Radiators Market Trends

Report ID: GMI3220 Published Date: December 2024Report Format: PDF
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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.

Author: Ankit Gupta, Manish Dhiman
Frequently Asked Question(FAQ) :

How big is the Europe electric radiators market?+

The market size for electric radiators in Europe reached USD 1.1 billion in 2024 and is estimated to grow at a 3.5% CAGR from 2025 to 2034, driven by rising demand for energy-efficient systems and increasing energy costs.

What is the growth rate of the industrial segment in the Europe electric radiators industry?+

The industrial segment is expected to witness a CAGR of over 3.5% through 2034, led by rapid industrial development and favorable regulatory policies.

Who are the major players in the Europe electric radiators industry?+

Key manufacturers in the market include Aeon, Eco Volt, Electric Heating Company, Electrorad, Elnur, Eskimo, Glen Dimplex, Haverland, Jaga, Lucht, Rointe, Stelrad, Technotherm, Tubes Radiatori, and Zehnder.

How much is the Germany electric radiators market worth?+

The Germany market is set to reach USD 60 million by 2034, fueled by a growing emphasis on reducing energy bills and conserving energy.

Europe Electric Radiators Market Scope

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