According to the research report titled ‘Europe Commercial Boiler Market Size By Fuel, Application, Capacity, Technology, Industry Analysis Report, Regional Outlook, Competitive Market Analysis & Forecast 2020 a?? 2026’, available with Market Study Report, Europe commercial boiler market is projected to accrue substantial returns during 2020-2026.
 

As per the findings of the report, Europe commercial boiler market is majorly driven by rising demand for energy efficient heating systems and increasing number of commercial establishments. Growing concerns regarding carbon emissions, implementation of sustainable building codes, and significant investments in renovation & upgradation projects for aging commercial buildings will propel the industry growth in the upcoming years.
 

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Based on technology type, Europe commercial boiler market is divided into condensing and non-condensing.  Several benefits including minimal carbon emissions and high energy efficiency with low cost are encouraging the adoption of condensing technology. Furthermore, lower complexities, high economies of scale, and easy installation will further boost the share of condensing segment.  
 

In terms of fuel, Europe commercial boiler market is split into natural gas, coal, oil, and others, among which oil segment is poised to gain considerable traction in the upcoming years. Widespread availability of oil coupled with low maintenance cost of oil fired commercial boilers fuel the product adoption. Besides, soaring investments towards development of oil infrastructure and emergence of oil blends with biodiesel which generate lower emissions are enhancing the business outlook.
 

Speaking of the capacity, Europe commercial boiler market is categorized into 100-2250 MMbtu/hr, 50-100 MMbtu/hr, 10-50 MMbtu/hr, 2.5-10 MMbtu/hr, and 0.3-2.5 MMbtu/hr. Commercial boilers with 2.5-10 MMbtu/hr capacity are anticipated to record high demand in the forthcoming years due to low maintenance cost and easy installation in comparison to other alternatives. Deployment of these boilers across various establishments such as hospitals, retail stores, and government offices is expected to augment the segment growth.  
 

Moving on to the application scope, Europe commercial boiler market is segmented into healthcare, offices, institutions, retail, lodgings, and other. Healthcare segment is set to showcase strong growth trends during 2020-2026, driven by surging demand for heating systems for space heating application and equipment sterilization. Moreover, investments geared towards refurbishing existing hospitals and nursing homes will add to the segmental share.
 

Geographically, Germany commercial boiler market is slated to experience robust growth during the evaluation period. The growth can be credited to rising investments towards construction of new commercial establishments and strict energy efficiency mandates.
 

Leading organizations in Europe commercial boiler market are Vaillant Group, Wolf GmbH, Ferroli S.p.A., A.O. Smith Corp., BDR Thermea Group, Bosch Thermotechnology, Cochran, Babcock and Wilcox Enterprises, and Clayton Industries.