Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Europe Boiler System Market | Page 2

The regional analysis of the market consists of countries such as Italy, Germany, Spain, U.K., Poland, France and
Holland. It has been observed that Germany controls the market with 24% of share in 2015, in terms of value. It is
anticipated to expand at a 4.84% CAGR during the forecast period. The increasing demand for clean energy sources
is anticipated to drive the market in the region. While the U.K. is anticipated to expand at a 4.59% CAGR and achieve
a market size of USD 703.9 million by 2022.
Competitive Analysis
The background for growth plans has equipped the market for potential new entrants. The improvement in the
products and services is the chief factor escalating the market's productivity and controlling the trends that are
acquiring distinction in the market. The progress patterns are revised in tandem to the customer preferences to
realize maximum growth, and in the long run, profitability. The progress in the products and services is the foremost
factor growing the market's productivity and controlling the trends that are acquiring standing in the market. The
critical success factors and players’ tendencies are gradually escalating by the strategies being used by market
contenders. The changes seen in terms of strategy execution and creation are varying the expansion pace of the
market. The deficits in the market are filled due to the implementation of suitable supply chain strategies.
The competitors such as Bosch Industriekessel (Germany), Babcock & Wilcox Enterprises, Inc. (U.S.), Byworth Boilers
(U.K.), ATTSU Termica (Spain), AC Boilers S.p.A (Italy), Proodos Industrial Boilers (Greece), Mitsubishi Hitachi Power
Systems, Ltd. (Japan), Danstoker Boilers (Denmark), Rentech Boilers (U.S.), and Siemens AG (Germany) are some of
the important competitors functioning in the Europe boiler system market.
Industry Updates:
October 2018 UK based organic waste firm, Tidy Planet, is utilizing Spanish industrial heater Specialist, SUGIMAT’s
Artificial Vision System (AVS) technology of new intelligent boiler monitoring for the first time. The new technology
can effectively regulate air flow, grate movement and fuel feed to enhance the environment for highest heat output
and fuel efficiency, as well as reduce emissions.
Jan 2018 New York City will spend $200 million to upgrade aging boiler systems in public-housing projects. Around
$81.9 million of the money will go to purchase 39 new boilers at 10 housing developments across the city during
the next four years. Another $73.9 million will go to heating-system upgrades at 12 developments, and $26.6 million
to install temperature controls in the boiler systems at 15 developments.