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Europe Hydronic Radiators Market Trends

Report ID: GMI3348
Published Date: Dec 2024
Report Format: PDF

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Europe Hydronic Radiators Market Trends

Europe hydronic radiators industry is set to grow owing to the rapid industrialization, the need for improved energy performance, and the implementation of energy efficiency mandates. Stringent regulations and zero-emission building codes are driving the modernization and refurbishment of prevailing industrial buildings, further increasing the product demand. For instance, the EU has enacted laws for its "Fit for 55" plan, reforming the Emissions Trading System.

The European Parliament and Council approved these changes in April 2023. The new rules aim for a 62% reduction in greenhouse gas emissions by 2030, compared to 2005 levels. Furthermore, increased technological advancements for advanced system development along with growing emphasis on energy optimization across various applications, is expected to boost product adoption.

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size for hydronic radiators in Europe reached USD 2.3 billion in 2024 and is estimated to grow at a 4.1% CAGR from 2025 to 2034, driven by rising demand for efficient space heating solutions and energy efficiency.

The residential segment is expected to witness a CAGR of over 4% through 2034, driven by the development of residential establishments and urbanization.

The Germany market is set to surpass USD 400 million by 2034, supported by building infrastructure development and demand for energy-efficient space heating solutions.

Key manufacturers in the market include AEON, Deltacalor, Eskimo Products, Glen Dimplex, H2O Heating, Hunt Heating, Hydronic Alternative, Jaga Heating Products, Purmo Group, Radiators, SNUG Hydronic Heating, Stelrad Group, Tubes Radiatori, and Zehnder Group.