Europe Commercial Boiler Market Size, Share, Industry Insights and Forecast 2026
Category: #energy-and-environment  By Ronak Bora  Date: 2021-05-28
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Europe Commercial Boiler Market Size, Share, Industry Insights and Forecast 2026

The Europe commercial boiler market size provides detailed analysis on this industry including substantial details subject to its overall position in the global landscape and applications across myriad end-user industries. Growing establishment of non-residential buildings are anticipated to give Europe commercial boiler industry share a major upsurge over the coming years. Likewise, robust demand for heating systems, alongside the availability of strict regulatory mandates to curb carbon emissions, will further expand the scope of the industry in Europe.

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There has been a rising implementation of sustainable or green building codes, driven by the strong emphasis on reducing the carbon footprint. The regional market has also been witnessing high investments in renovation activities of commercial buildings. These aforementioned factors, along with the escalating adoption of high-efficiency commercial boilers in Europe, will provide a positive growth trajectory to the industry in the foreseeable future.

Use of oil-fired commercial boilers due to low maintenance costs

Based on fuel, the Europe commercial boiler market from the natural gas segment is set to witness considerable expansion, as a result of its higher efficiency, low maintenance costs, and less carbon emission.

Industry participants are focusing on various fronts, including cleaner operations, supportive regulatory framework, and competitive pricing, creating a significant impact on the commercial boiler market trends in Europe. For example, the EU unveiled legislative frameworks to enhance the energy efficiency of commercial infrastructures.

On the other hand, the oil segment is projected to account for a substantial share in years ahead, due to its low maintenance costs and ease of availability. The segmental growth will further be bolstered by high spending in oil infrastructure, coupled with the development of innovative offerings by enterprises. These innovations include the blending of oil with biodiesel to ensure low emissions.

Rapid system installation with 0.3-2.5 MMBtu/hr capacity in offices

With regards to the application spectrum, the Europe commercial boiler market from the healthcare segment will hold a noteworthy share over the estimated timeline, which can be credited to the rising commercial boiler installation for equipment sterilization, autoclaves, and space heating in this sector. Increasing refurbishment activities of the existing nursing homes and hospitals will further drive segmental growth in Europe.

In terms of segmentation by capacity, the 0.3-2.5 MMBtu/hr segment is likely to record significant revenue over the forthcoming years. This is owing to the low maintenance costs, easy installation, energy conservation trend, as well as rising adoption across offices, lodging, healthcare, and retail stores for heating applications.

The Europe commercial boiler market from the 2.5-10 MMBtu/hr capacity segment will amass hefty profits, on account of the rapid installation of these commercial boiler systems in retail stores, government offices, hospitals, and other sectors.

Based on technology, the condensing segment is projected to witness maximum adoption, due to myriad usage advantages such as minimal carbon emission, high energy efficiency, and low heating costs. Modern condensing boilers consist of sequence control systems as well as remote control features, which contribute to the rising popularity of the technology.

Strong focus on reducing GHG emissions in Germany

From a country-level perspective, the Italy commercial boiler industry share is slated to proliferate at a commendable pace. The expansion is attributable to the development of commercial infrastructure and the introduction of strict building standards in the region. The Germany commercial boiler market is expected to record considerable growth, driven by the accelerating investments towards new commercial establishments, alongside the availability of strict regulations to curtail the emission of GHG.

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Key commercial boiler market participants in Europe include Ariston Thermo SPA, Immergas S.p.A, Grundfos, FONDERIE SIME, Hoval, Vaillant Group, Bosch Thermotechnology, Clayton Industries, Fulton Boiler Works, and Viessmann, among others. These companies are focusing on strengthening their regional footprint by implementing strategies such as M&A and business expansions.

Table of Contents (ToC) of the report:

Chapter 1.  Methodology and Scope

1.1. Methodology

1.2. Market definitions

1.3. Market estimates and forecast parameters

1.4. Data sources

1.4.1.  Primary

1.4.2.  Secondary

Chapter 2.  Executive Summary

2.1. Europe commercial boiler industry 3600 synopsis, 2020 - 2026

2.1.1.  Business trends

2.1.2.  Fuel trends

2.1.3.  Capacity trends

2.1.4.  Application trends

2.1.5.  Technology trends

2.1.6.  Regional trends

Browse complete Table of Contents (ToC) of this research report @ https://www.graphicalresearch.com/table-of-content/1332/europe-commercial-boiler-market

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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