Press release
Europe Electric Radiators Market Size 2019 – 2025 Astonishing Growth| Myson, Eskimo, Haverland, Midea, Zehnder, Eco Volt, Rointe, Dimplex, Aeon, Technotherm, Jaga, The Electric Heating Company, Tesy, Elnur, Stelrad
Infrared electric radiators market was worth over USD 120 million in 2018. Increasing focus toward low electricity bills coupled with rising need to conserve power from first step to the final utilization at all phases of energy chain is strengthening the industry landscape. In 2018 the council, the parliament and the commission introduced a 32.5% binding EU energy-efficiency target for 2030, positively impacting the product demand.
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Industrial electric radiators market is anticipated to grow owing to increasing regulatory policies and investments to achieve energy efficiency. Growing emphasis on cost-effective techniques with an aim to control escalating energy bills coupled with focus on carbon-free buildings is set to encourage the industry landscape. Moreover, execution of minimum energy performance measures for the major refurbishment and new builds by the respective governments will propel the product penetration.
Europe electric radiators market was worth over USD 500 million in 2018. Introduction of stringent government norms with an aim to regulate energy conservation in residential, commercial and industrial establishments is set to drive the business outlook. Rising emphasis on power efficiency along with increasing adoption of low-carbon radiators will boost the market growth.
Renovation of traditional industrial buildings on account of strict mandates coupled with introduction of zero-building emission codes is anticipated to encourage the product installation.
Romania electric radiators market will witness a considerable growth on account of increasing electricity demand along with rising focus toward reduction of GHG emissions. Stringent government protocols coupled with ongoing technical advancements with an aim to improve product features will strengthen the business landscape. In addition, introduction of mandates for the installation of sustainable systems is set to complement the product demand. Growth in funds toward the development of advanced technology along with the implication of energy management & optimization across the industries will augment the product adoption.
Key industry participants for electric radiators market include, Myson, Eskimo, Haverland, Midea, Zehnder, Eco Volt, Rointe, Dimplex, Aeon, Technotherm, Jaga, The Electric Heating Company, Tesy, Elnur, Stelrad, and Tubes Radiatori.
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Convection electric radiators market will grow owing to substantial rise in demand for power efficiency coupled with the rising concentration on reduction in energy bill. Collective need for comfort and suitable system design along with rising R&D investments toward improvisation in product features will propel the product penetration. In addition, norms & standards toward ZEBs coupled with reformation of aging industries are the underline parameters complementing the business outlook.
Table of Contents:
Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Europe Electric Radiators Industry Insights
Chapter 4. Europe Electric Radiators Market, By Technology
Chapter 5. Europe Electric Radiators Market, By Facility
Chapter 6. Electric radiators Market, By Application
Chapter 7. Electric Radiators Market, By Region
Chapter 8. Company Profiles
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Related Report:
Global Electric Radiators Market Insights, Forecast to 2025
Electric radiators are quite compact and can be easily fitted into small and narrow rooms. Some of the radiators are using liquid coolants such as mineral oils in order to produce heat. The electric current heats up the heating element, which subsequently heats the oil inside the radiator. There are no associated risks to using oil-based radiators, whereas these electric appliances are tightened hermetically in order to prevent oil leakage. In addition to this, most of the radiators are equipped with a safety system that protects the radiator from overheating.
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