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Residential Boiler Market to hit $60 billion by 2027, Says Global Market Insights, Inc.


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SELBYVILLE, Del., Feb. 11, 2021 /PRNewswire/  The residential boiler market revenue is poised to cross USD 60 Billion by 2027, as reported in the latest study by Global Market Insights, Inc. Stringent government regulations in order to reduce the rising carbon emissions will fuel the global industry size in the forecast period.
Global Market Insights, Inc.
Condensing residential boiler industry will witness a considerable growth on account of rising focus toward energy conservation along with reduction in GHG emissions. Rapid R&D investments coupled with growing technological advancements by the residential boiler manufacturers is expected to positively influence the market trends. Moreover, greater savings in household energy bills on account of its high efficiency will further raise the product deployment across residential establishments in the forecast timeline. ....

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