How big is the Europe Heating Equipment Market?

The Europe Heating Equipment Market size is expected to reach USD 6.79 billion in 2024 and grow at a CAGR of 5.20% to reach USD 9.21 billion by 2029. Read More

What is the current Europe Heating Equipment Market size?

In 2024, the Europe Heating Equipment Market size is expected to reach USD 6.79 billion. Read More

Who are the key players in Europe Heating Equipment Market?

Daikin Industries Ltd., Robert Bosch GmbH, Mitsubishi Electric Europe B.V, Danfoss A/S and Valliant Group are the major companies operating in the Europe Heating Equipment Market. Read More

What years does this Europe Heating Equipment Market cover, and what was the market size in 2023?

In 2023, the Europe Heating Equipment Market size was estimated at USD 6.44 billion. The report covers the Europe Heating Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Heating Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Boiler System Market - Size, Share & Industry Analysis

Europe Boiler System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Includes Europe Boiler Heating System Market and is Segmented by Type (Boilers/Radiators/Other Heaters, Heat Pumps), by End User (Residential, Commercial, Industrial) and Country (UK, Germany, France, Spain, Eastern Europe, Benelux, Russia & CIS and Other Countries). The Market Sizes and Forecasts are Provided in Terms of Value (USD Million) for all the Above Segments.

Europe Heating Equipment Industry Overview

The European heating equipment market is fragmented as the demand for heating equipment is increasing with the growing demand from industrial and commercial sectors across the globe. The key players in the market, like Daikin Industries Ltd., Robert Bosch GmbH, Mitsubishi Electric Europe B.V., and others, are continuously innovating new products and rising activities such as mergers and acquisitions and capacity expansion, further increasing the competition.

In September 2023, Aira, the Swedish company, announced its entry into Germany. The launch of Aira, a direct-to-consumer company offering heat pumps on a monthly subscription, is part of the company's European expansion plans. To further support its growth, the company also acquired a U.K. installer.

In July 2023, Panasonic Heating & Cooling Solutions started full production of its latest Aquarea L Series, a new generation of heat pump using R290 natural refrigerant, in Europe.