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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.
BAXI, BURNHAM COMMERCIAL BOILERS, Carrier, Daikin, FERROLI, Hurst Boiler & Welding, Ideal Heating, Miura America, Slant/Fin Corporation, The Fulton Companies, Vaillant Group, Viessmann, and WM Technologies, are some of the major gas fired boiler companies in Europe.
France gas fired boiler industry is expected to cross USD 5 billion by 2032 and is expected to register a commendable CAGR from 2024 to 2032, due to evolving trend toward nuclear families in line with ongoing investments in expanding gas infrastructure in the country.
Europe gas fired boiler industry from the ? 10 MMBtu/hr segment is likely to exceed USD 50 billion by 2032, due to increasing consumer awareness of environmental impact and the implementation of stricter regulations.
The market size of Europe gas fired boiler was reached USD 27.7 billion in 2023 and is expected to register 8.5% CAGR from 2024 to 2032, owing to the rising investments in infrastructure projects along with increasing demand for space heating in residential and commercial properties worldwide.