Market Forecast By Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest Of Europe), By Fuel Type (Natural Gas & Biomass, Coal, Oil, Others), By Boiler Type (Fire-Tube, Water-Tube), By Boiler Horsepower (10-150 BHP, 151-300 BHP, 301-600 BHP), By End-Use Industry (Chemical, Food, Refineries, Metals & Mining, Others) And Competitive Landscape
According to 6Wresearch, Europe Industrial Boilers Market is anticipated to gain growth during the forecast period 2021-2027. The European region is a major contributor to the industrial boilers market and holds a substantial market share. The countries covered in this region are UK, Spain, Germany, France, Russia, and others. Germany holds the highest market share. The demand for clean energy sources in various industries is the reason for the growth of the market in this region. The investments in the development of retail and commercial centers and increasing demand for replacement of traditional heating systems is the reason for Russia's market growth. The increased government and private investments in the healthcare sector in the UK is a driving factor in the boilers market. The space heating system demand is also increasing in the UK boilers market.
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