info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Europe Boiler System Market Research Report Information By Type (Oil Fired and Gas Fired), By Capacity (Upto 20 Tonnes, 20 to 40 Tonnes, and 40 to 50 Tonnes), and By Region (Europe) – Market Forecast Till 2032


ID: MRFR/IA - E/1920-CR | 59 Pages | Author: Harshita Gorade| April 2017

Europe Boiler System Market Overview


Europe Boiler System Market Size was valued at USD 3.3 Billion in 2022. The Boiler System market industry is projected to grow from USD 3.5 Billion in 2023 to USD 5.6 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.09% during the forecast period (2024 - 2032). Focus shifting to high-performance boilers, with the food processing industry expanding significantly, are the key market drivers enhancing the market growth.


Europe Boiler System Market Overview


Type: Secondary Research, Primary Research, MRFR Database and Analyst Review


Boiler System Market Trends


The growing concern to reduce carbon emissions is driving the market growth


The demand for energy-efficient boilers in Europe has increased as a result of the region's energy crisis and the growing need to decrease carbon emissions. The International Monetary Fund estimates that by 2022, Russia's supply of gas for use in electricity, power generation, and heating will have dropped by more than 80%.The government has implemented encouraging measures to promote greater adoption of energy-efficient and renewable heating appliances in an effort to mitigate the consequences of the energy crisis and in response to the increased demand for hot water and space heating. In fact, the UK government has announced a funding programme for green heating projects in March 2022, totaling over £288 million (USD 347 million). Energy-efficient heating options are required to meet the EU's 2030 goal of a 55% net reduction in GHG emissions.


This growth is attributed to the increasing use of energy-efficient heating equipment in small-scale commercial buildings and residential structures. The market for low-capacity boilers has also increased in Europe due to favourable tax credits linked to the use of energy-saving technology that produce high energy output and use less fuel. In fact, the UK government also started the Clean Green Initiative in November 2021 to use green technologies in underdeveloped countries. This growth is also attributable to consumers spending more money on boilers as a result of bettering living conditions and rising disposable income.


Through 2032, the European residential boiler market is anticipated to grow by around 8.5%, driven by an increase in demand for space heaters and hot water heaters, particularly from nations with very low temperatures. More than that used for transportation and electricity, heating accounts for over 50% of the total energy used in the UK. The need for energy-efficient boilers has increased as energy conservation measures increase. The UK government announced a $1.7 billion (£1.5 billion) investment in September 2022 to save costs while enhancing energy efficiency for about 130,000 households. Such initiatives have boosted segment expansion and increased demand for energy-efficient heating systems. For more effective and eco-friendly energy operations, market participants are introducing new low-emission boilers and developing complex boilers. 


The demand for low-emission boilers has increased as a result of such developments in boiler technology and stricter pollution regulations for enterprises. Market expansion is driven by the rising demand for environmentally friendly industrial boiler products.


For more effective and eco-friendly energy operations, market participants are introducing new low-emission boilers and developing complex boilers. The demand for low-emission boilers has increased as a result of such developments in boiler technology and stricter pollution regulations for enterprises. Market expansion is driven by the rising demand for environmentally friendly industrial boiler products. Thus, driving the Boiler System market revenue.


Boiler System Market Segment Insights:


Boiler System Type Insights


The Europe Boiler System market segmentation, based on Type, includes Oil Fired and Gas Fired. Gas Fired segment accounted for the largest revenue share in 2022. Due to their efficient burning characteristics and simple access to natural gas, gas-fired boilers are frequently employed in both residential and commercial applications. Gas-fired boiler sales are driven by the demand for dependable and effective heating options.


Boiler System Capacity Insights


The Europe Boiler System market segmentation, based on Capacity, includes Upto 20 Tonnes, 20 to 40 Tonnes, and 40 to 50 Tonnes. 20 to 40 tonnes segment dominated the Europe Boiler System market in 2022. This can be linked to the rise in mid capacity boiler system demand across a variety of applications in Europe. Demand for industrial boilers is anticipated to increase as a result of the developing world's fast growing petrochemical and chemical sectors. Due to rising investment in megapower projects, demand for boiler systems is projected to increase further. The bulk of industrial boilers used in this application area are found in the chemical and petrochemical industries, where these vessels are widely used.


Figure 1: Europe Boiler System Market, by Capacity, 2023 & 2032 (USD Billion)


 Europe Boiler System Market, by Capacity, 2022 & 2032


Type: Secondary Research, Primary Research, MRFR Database and Analyst Review


Boiler System Regional Insights


The major countries studied in the market report are Germany, France, the UK, Italy, and Spain.


By region, the study provides the market insights into Europe. Germany Boiler System market accounted for the healthy market share in 2022. The increased use of energy-efficient heating appliances in small business buildings and residential structures is attributed with driving regional growth. The market for low-capacity boilers has also increased in Europe due to favourable tax credits linked to the use of energy-saving technology that produce high energy output and use less fuel. In fact, the UK government also started the Clean Green Initiative in November 2021 to use green technologies in underdeveloped countries. This growth is also attributable to consumers spending more money on boilers as a result of bettering living conditions and rising disposable income.


Figure 2: Europe Boiler System Market, by Region, 2022 & 2032 (USD Billion)


Europe Boiler System Market, by Region, 2022 & 2032


Secondary Research, Primary Research, MRFR Database and Analyst Review


The demand for hot water heaters and space heating, particularly from nations with exceptionally low temperatures, is predicted to expand at a healthy rate during the forecast period in Europe's residential boiler market. More than that used for transportation and electricity, heating accounts for over 50% of the total energy used in the UK.


The need for energy-efficient boilers has increased as energy conservation measures increase. The UK government announced a $1.7 billion (£1.5 billion) investment in September 2022 to save costs while enhancing energy efficiency for about 130,000 households. Such initiatives have boosted segment expansion and increased demand for energy-efficient heating systems. Further, the German Boiler System market held the largest market share, and the U.K Boiler System market was the fastest growing market in the European region.


Boiler System Key Market Players & Competitive Insights


Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Boiler System market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Boiler System industry must offer cost-effective items.


Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Europe Boiler System industry to benefit clients and increase the market sector. In recent years, the Boiler System industry has offered some of the most significant advantages to medicine. Major players in the Boiler System market, including Danstoker Boilers, Bosch Industriekessel, Babcock & Wilcox Enterprises Inc., AC Boilers S.p.A, Mitsubishi Hitachi Power Systems Ltd., ATTSU Termica, Rentech Boilers, Byworth Boilers, Proodos Industrial Boilers, and Siemens AG, are attempting to increase market demand by investing in research and development operations.


Equipment for environmental and energy conservation is produced by Suzhou Hailu Heavy Industry Co Ltd. The company produces low temperature, environmental protection projects, huge pressure vessels, nuclear power equipment, and boiler goods. A market participant named Suzhou Hailu Heavy Industry Co., Ltd. launched a new waste heat boiler based on Deltak technology in May 2020. It is meant for the Kazakhstan-based petrochemical plant project of the KPI Company. The company's product line has grown as a result for the Kazakhstan market.


Based in Arlanc, France, Compte.R is a maker of multi-fuel biomass boilers. The business creates, manufactures, and sells a broad line of wood and biomass thermal generators while also developing novel ways to value renewable energy sources that allow local governments and commercial clients to access effective, affordable biomass boilers. A new series of solid biomass boilers from Compte.R with lower NOx emissions was introduced in June 2020. By using renewable resources like biomass, the new biomass boiler increased organisational efficiency. The technology was applied by industrial businesses to reduce NOx emissions and to enable automatic cleaning and ash removal.


Key Companies in the Boiler System market include




  • Danstoker Boilers




  • Bosch Industriekessel




  • Babcock & Wilcox Enterprises Inc.




  • AC Boilers S.p.A




  • Mitsubishi Hitachi Power Systems Ltd.




  • ATTSU Termica




  • Rentech Boilers




  • Byworth Boilers




  • Proodos Industrial Boilers




  • Siemens AG




Boiler System Industry Developments


January 2022: A high-temperature heat pump solution for existing single-family homes has been introduced in the Netherlands by the Swedish utility Vattenfall and the Dutch heating and hot water systems provider Feenstra. The solution is marketed as a simple alternative to conventional gas central heating boilers.


January 2022: Before expanding nationwide, British Gas is starting installations of a new air source heat pump in the Southwest. For every unit of electricity used, heat pumps produce more than three units of heat output, making them a very efficient heating technology.


May 2022: In order to expand manufacturing of its plant-based beverages in Badia Polesine, Northern Italy, Ecotone, a company that specialises in organic and plant-based alternatives in Europe, announced a 20 million euro investment. With this investment, the company will build a new production line and become one of Europe's largest manufacturers of plant-based beverages.


Boiler System Market Segmentation:


Boiler System Type Outlook




  • Oil Fired




  • Gas Fired




Boiler System Capacity Outlook




  • Upto 20 Tonnes




  • 20 to 40 Tonnes




  • 40 to 50 Tonnes




Boiler System Regional Outlook




  • Europe






  • Germany




  • France




  • UK




  • Italy




  • Spain




  • Rest of Europe



Report Attribute/Metric Details
Market Size 2022 USD 3.3 Billion
Market Size 2023 USD 3.5 Billion
Market Size 2032 USD 5.6 Billion
Compound Annual Growth Rate (CAGR) 6.09% (2024-2032)
Base Year 2023
Market Forecast Period 2024-2032
Historical Data 2018- 2023
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Type, Capacity, and Region
Geographies Covered Europe
Countries Covered German, France, U.K, Italy, Spain
Key Companies Profiled Danstoker Boilers, Bosch Industriekessel, Babcock & Wilcox Enterprises Inc., AC Boilers S.p.A, Mitsubishi Hitachi Power Systems Ltd., ATTSU Termica, Rentech Boilers, Byworth Boilers, Proodos Industrial Boilers, and Siemens AG
Key Market Opportunities Increasing focus on building automation and smart heating systems
Key Market Dynamics Shifting focus towards high performance boilers and Significant growth in the food processing sector


Frequently Asked Questions (FAQ) :

The Europe Boiler System market size was valued at USD 3.3 Billion in 2022.

The market is projected to grow at a CAGR of 6.09% during the forecast period, 2024-2032.

The key players in the market are Danstoker Boilers, Bosch Industriekessel, Babcock & Wilcox Enterprises Inc., AC Boilers S.p.A, Mitsubishi Hitachi Power Systems Ltd., ATTSU Termica, Rentech Boilers, Byworth Boilers, Proodos Industrial Boilers, and Siemens AG

The Gas Fired Type dominated the market in 2022.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.