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Europe Industrial Boiler Market Share

Report ID: GMI5855
Published Date: Nov 2024
Report Format: PDF

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Europe Industrial Boiler Market Share

Europe Industrial Boiler Company Market Share Analysis, 2024

The manufacturers across the industry are adopting several key strategies to maintain competitiveness and meet evolving regulatory and environmental standards. One prominent approach is the focus on energy efficiency and sustainability, with companies increasingly developing boilers that reduce fuel consumption and emissions. This includes innovations like condensing boilers and the integration of renewable energy sources such as biomass and solar thermal systems. Additionally, manufacturers are enhancing product offerings with smart technologies, incorporating IoT and AI for real-time monitoring, predictive maintenance, and operational optimization.

Europe Industrial Boiler Market Companies

Major players operating in the Europe industrial boiler industry are:

Babcock & Wilcox
Bosch Industriekessel
Clayton Industries
Cochran
Doosan
FERROLI
Forbes Marshall
Fulton
Hoval
Hurst Boiler & Welding
IHI
John Cockerill
John Wood Group
Miura America
Mitsubishi Heavy Industries
Rentech Boilers
Thermax
Viessmann

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The European market for industrial boiler was reached USD 2.5 billion in 2024 and is estimated to grow at a 3.5% CAGR from 2025 to 2034, driven by stringent government policies and increased economic growth investments.

The water tube industrial boiler market is expected to surpass USD 2 billion by 2034, led by the adoption of energy-efficient systems in industries such as pulp & paper, food processing, and chemicals.

The food processing industrial boiler market is anticipated to grow at a CAGR of around 4% through 2034, supported by rising disposable incomes and a shift towards processed foods.

The Germany industrial boiler market is set to exceed USD 800 million by 2034, propelled by the rapid installation of advanced boiler units and increased industrial sector spending.

Key players in the Europe industrial boiler market include Babcock & Wilcox, Bosch Industriekessel, Clayton Industries, Cochran, Doosan, FERROLI, Forbes Marshall, Fulton, Hoval, Hurst Boiler & Welding, IHI, John Cockerill, John Wood Group, Miura America, Mitsubishi Heavy Industries, Rentech Boilers, Thermax, and Viessmann.