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The ≤ 10 MMBtu/hr gas fired boiler market will surpass USD 50 billion by 2032. Increasing consumer awareness of environmental impact and the implementation of stricter regulations promoting the adoption of efficient and reliable heating systems. Continued expansion in the industrial sector coupled with a favorable outlook for manufacturing plants, will drive increased demand for these systems.
The residential boiler market size will witness growth rate of over 7.5% through 2032. The ongoing shift toward energy-efficient technologies combined with supportive government schemes and funding, will drive the adoption of these products. The growing demand for heating systems that are energy-efficient along with increasing emphasis on conserving energy, will have a positive impact on business potential.
The France boiler market is set to reach over USD 5 billion by 2032. The evolving trend toward nuclear families in line with ongoing investments in expanding gas infrastructure will escalate the industry outlook. Government legislation promoting energy conservation and initiatives encouraging the adoption of cleaner fuels will additionally incentivize the demand for these units. Continual technological advancements, along with rising demand for contemporary heating systems, will enhance the business landscape.