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Europe Hydronic Radiators Market Size
- Report ID: GMI3348
- Published Date: May 2019
- Report Format: PDF
Europe Hydronic Radiators Market Size
Europe Hydronic Radiators Market size in 2018 was valued over USD 1.4 billion and the annual deployment is projected to exceed 20 thousand units by 2025.
Europe hydronic radiators market is projected to grow on account of rising environment concerns coupled with the introduction of strict norms with an aim to combat carbon emissions. The European Commission announced energy efficiency mandate to launch measures and policies that support the EU’s energy efficiency target. Stringent government mandates adhering to environment sustainability along with introduction of building energy codes will complement the business outlook.
| Report Attribute | Details |
|---|---|
| Base Year: | 2018 |
| Europe Hydronic Radiators Market Size in 2018: | 1.4 Billion (USD) |
| Forecast Period: | 2019 to 2025 |
| Forecast Period 2019 to 2025 CAGR: | 2.5% |
| 2025 Value Projection: | 1600 Million (USD) |
| Historical Data for: | 2014 to 2018 |
| No. of Pages: | 240 |
| Tables, Charts & Figures: | 428 |
| Segments covered: | Technology, Facility, Application and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Rapid industrialization, critical need to address energy performance improvement and introduction of energy efficiency plans will positively influence the hydronic radiators market share. Refurbishment and modernization of existing industrial buildings on account of strict mandates & zero building emission codes is projected to drive the product demand. In addition, increasing technological funding to develop advanced system along with the rising implication of energy optimization and management across the application areas will propel the product adoption.
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Europe Hydronic Radiators Market Scope
