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Europe Industrial Boiler Market Size
- Report ID: GMI5855
- Published Date: May 2023
- Report Format: PDF
Europe Industrial Boiler Market Size
Europe Industrial Boiler Market size was valued at over USD 2.4 billion in 2023 and is estimated to witness 3.6% CAGR from 2024 to 2032. Industrial boilers are vessels used to generate heat water or steam for heating purposes in industries & several other processes. Growing focus toward upgradation of traditional heating systems with energy efficient and high-performance units in line with strict regulatory norms to limit carbon emissions will drive the industry growth. In addition, rising demand for steam & heat across various industries along with introduction of advanced energy-efficient boilers will fuel the industry scenario.
Strict government measures toward extreme climatic conditions and curb greenhouse gas emissions in line with enlarging spending in economic growth will foster the industry trend. A shifting trend toward development of industrial facilities coupled with rising demand for heating systems will augment the industry dynamics. Furthermore, increasing adoption of efficient steam generation technologies in line with rising investment across industrialization will positively influence the business outlook.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Europe Industrial Boiler Market Size in 2023: | USD 2.4 Billion |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 3.6% |
| 2032 Value Projection: | USD 3.5 Billion |
| Historical Data for: | 2019 to 2023 |
| No. of Pages: | 350 |
| Tables, Charts & Figures: | 725 |
| Segments covered: | Product, Capacity, Technology, Fuel, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Europe Industrial Boiler Market Scope
