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Europe Boiler Market Key industry participants in the market include Bosch, BDR Thermea, Lennox, Daikin, Bradford White, Viessmann, Weil-McLain, Wolf, Burnham, Siemens AG, Groupe Atlantic

09-17-2018 08:17 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Europe Boiler Market

Europe Boiler Market

Investments toward refurbishment of existing infrastructure along with increasing demand for effective space heating will stimulate the Europe boiler market growth. Growing adoption of energy efficient heating units with an aim to limit GHG emissions will complement the industry outlook. Regulatory bodies across the region have introduced efficiency standards to encourage the adoption of energy efficient heating systems. Ecodesign and Energy labelling framework, Renewable Energy Directive (RED), Energy Performance of Building Directive (EPBD) and Energy Efficiency Directive (EED) are some of the prominent measures undertaken by the EU to limit CO2 emissions.

Austria boiler market is set to exceed an annual installation of 95 thousand in 2016. Resurgent economic growth along with positive outlook towards construction sector will boost the product demand. As per the European Commission, in 2014 the country witnessed over 47 thousand new residential establishments representing growth of over 21% from 2011 level.

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Shifting trends toward adoption of sustainable technologies along with rising need for space heating owing to low average temperatures will augment the Europe Boiler Market. Major industry participants have introduced products with smart control systems to minimize the fuel loss and improve the system efficiency. Furthermore, stringent efficiency norms have instigated the adoption of high efficiency condensing boilers across the region.

In 2016, Germany accounted for over 13% of Europe boiler market share. Robust growth across construction sector coupled with initiatives to promote sustainable heating technologies will boost the product adoption. In 2016, the government of Germany introduced “National Action Plan on Energy Efficiency” with an aim to promote energy efficient technologies and raise consumer awareness pertaining to energy efficient products.

Europe commercial boiler market is set to witness gain of over 2.5% by 2024. Ongoing investments toward establishment of new commercial centers along with retrofitting of existing buildings will fuel the business growth. Efforts toward improvement of building energy efficiency coupled with EU mandate towards reduction of carbon foot print across the various sectors of economy will further enhance the industry outlook.

High efficiency and compliance with the efficiency standards are some of the paramount factors which will drive the condensing boiler market. These systems offer improved efficiency when compared to traditional systems by tapping the heat from the flue gases. Competitive pricing with the heating system of similar efficiency has led to increased product penetration across the region.

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Report Content
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Europe Boiler Industry Insights
Chapter 4 Europe Boiler Market, By Technology
Chapter 5 Europe Boiler Market, By Product
Chapter 6 Europe Boiler Market, By Fuel
Chapter 7 Europe Boiler Market, By Application
Chapter 8 Europe Boiler Market, By Country
Chapter 9 Company Profiles

Europe boiler market research report includes in-depth coverage of the industry with estimates & forecast in terms of Units and USD from 2013 to 2024, for the following segments:
Europe Boiler Market, By Technology
• Condensing
• Non-Condensing
Europe Boiler Market, By Product
• Water-tube
• Fire-tube
Europe Boiler Market, By Fuel
• Natural Gas
• Oil
• Coal
• Others

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research

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