Product ID: UCMIR10D2011
Europe Boiler Market Size, Share, Growth Analysis, By Fuel(Natural Gas, Oil), By Capacity(≤ 10 MMBtu/hr, > 10 - 50 MMBtu/hr), By Application(Residential, Commercialy), By Regions(France, UK) - Industry Forecast 2024-2031
Report ID:
UCMIR10D2011 |
Region:
Regional |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Europe Boiler Market Insights
Market Overview:
The Europe Boiler Market was worth USD 44 billion in 2022 and is expected to grow at a CAGR of more than 8% from 2023 to 2032. The increasing need to control GHG emissions enforced by government regulations is the primary driver of the market. Due to the energy crisis in the region and growing concerns over carbon emissions, there has been a surge in demand for energy-efficient boilers. According to the International Monetary Fund, in 2022, Russia's supply of gas for heating, power, and electricity purposes fell by over 80%.
Europe Boiler Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Oil & Gas Exploration & Production by segment aggregation, the contribution of the Oil & Gas Exploration & Production in Energy Fuel and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Europe Boiler Market Report Snapshots
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