Market Research Report

Europe and APAC Hydrogen Boilers Market Research Report: Forecast (2025-30)

Europe and APAC Hydrogen Boilers Market Report - By Technology (Hydrogen Blend, Hydrogen Ready), By Application (Residential, Commercial, Industrial), By Region (Europe, Asia-Pacif...ic), By Companies (Worcester Bosch, Baxi, Ideal Heating, Viessmann, Bosch Industriekessel GmbH, Jerico Energy Ventures, Valient Group, Giacomini, Miura Co, Ltd., KyungDong Navien, Others). Read more

  • Environment
  • Dec 2023
  • 186
  • PDF, Excel, PPT

Market Definition

Hydrogen boilers are a type of heating system that uses hydrogen gas as a fuel source to generate heat and provide hot water for residential or commercial buildings. They are an alternative to traditional natural gas or electric boilers, and they work by burning hydrogen to produce heat in combustion.

Market Insights & Analysis: Europe & APAC Hydrogen Boilers Market (2025-30):

The Europe & APAC Hydrogen Boilers Market size is expected to grow at a CAGR of around 32% during the forecast period, i.e., 2025-30. The market growth is attributed to the rising government initiatives in the development of hydrogen infrastructure in the regions. The governments in Europe and the Asia-Pacific region are increasingly focusing on the development of a hydrogen economy and infrastructure to reduce their dependency on fossil fuels and to achieve emission reduction targets. For Instance,

  • In 2022, the European government confirmed the establishment of business models for hydrogen transport and storage infrastructure by 2025.

A well-established hydrogen infrastructure is crucial for the widespread adoption and utilization of hydrogen-based heating systems like hydrogen boilers. The expansion of hydrogen infrastructure ensures a consistent supply of hydrogen fuel for residential, commercial, and industrial applications, augmenting the growth of the Europe & APAC Hydrogen Boilers Market.

Report Coverage Details
Study Period Forecast Period: 2025-2030
CAGR (2025-2030) 32%
Regions Covered Europe, Asia-Pacific
Key Companies Profiled Worcester Bosch, Baxi, Ideal Heating, Viessmann, Bosch Industriekessel GmbH, Jerico Energy Ventures, Valient Group, Giacomini, Miura Co, Ltd., KyungDong Navien, Others.
Unit Denominations USD Million/Billion

 

In addition, the shifting focus of the European and APAC countries towards reducing carbon footprints and net-zero emissions by 2050 is further creating the demand for hydrogen boilers. Conventional gas boilers cause various environmental impacts arising from air emissions from fuel combustion, wastewater from cooling and cleaning, and solid waste from ash disposal, which results in GHG emissions. Hydrogen boilers use hydrogen as the source of heating and do not pose any negative impact on the environment, creating market demand.

Moreover, the rising application of hydrogen boilers in manufacturing industry heating systems is expected to augment market growth in the future. Steam is the major source of energy in commercial and industrial systems. The major industrial energy consumers use a substantial portion of their fossil fuel consumption for steam production. The steam produced from fossil fuels significantly affects the environment by releasing CFCs and other greenhouse gases into the atmosphere. To meet the zero-emission targets laid by European and APAC countries, it is crucial to eliminate these emissions and focus on the adoption of substitutes such as hydrogen for steam generation, which is expected to create demand for hydrogen boilers in the forecast period.


Europe and APAC Hydrogen Boilers Market Research Report: Forecast (2025-30)

Europe & APAC Hydrogen Boilers Market Driver:  

Rising Government Initiatives in Hydrogen Infrastructure Development – The governments of European and Asia-Pacific (APAC) countries are increasingly focusing on the establishment of hydrogen infrastructure in various countries to meet their emission targets. The European Commission, along with various national governments, is providing substantial financial support for hydrogen projects. This includes grants, subsidies, and incentives for companies and research institutions working on hydrogen technologies. Similarly, countries in the Asia-Pacific region, including Japan and South Korea, have unveiled ambitious hydrogen economy plans. For Instance,

  • In 2023, Japan laid its Hydrogen Strategy to increase the supply of hydrogen in the country at minimal costs by 2030.

The infrastructure development includes the establishment of hydrogen production facilities, such as electrolyzers and reformers, as well as distribution networks for transporting hydrogen to end-users. This will ensure a consistent and adequate supply of hydrogen, a key prerequisite for hydrogen boiler operation, which is expected to augment market growth in the forecast period.

Europe & APAC Hydrogen Boilers Market Challenge:

High Cost Associated with Hydrogen Boilers as Compared to Conventional Boilers – Conventional boilers, such as electric and natural gas are integrated into existing infrastructure, which makes them more affordable than hydrogen boilers. Conventional boilers typically have a lower upfront cost than hydrogen boilers. This includes the purchase price of the boiler unit, installation costs, and any necessary modifications to existing infrastructure. On the other hand, the production, storage, and transportation of hydrogen add up to the cost of overall hydrogen boiler adoption, which might restrain its market growth in the forecast period.

Europe & APAC Hydrogen Boilers Market Trend:

Surge in Adoption of Steam-as-a-Service (SaaS) – Steam-as-a-Service (SaaS) is an emerging concept that offers steam generation and distribution as an outsourced, cost-effective, and sustainable solution for various industrial processes and applications. Many industrial processes and facilities rely on steam for heating, sterilization, and other applications. Traditional steam generation methods are often based on fossil fuels and do not comply with environmental norms. Hydrogen boilers, which produce steam through the combustion of hydrogen, emit only water vapor as a byproduct. This aligns with reducing greenhouse gas emissions. Hydrogen boilers, due to their ability to produce clean and high-temperature steam, are well-positioned to benefit from this trend which might proliferate the growth of the Europe & APAC Hydrogen Boilers Market.

Europe & APAC Hydrogen Boilers Market (2025-30): Segmentation Analysis

The Europe & APAC Hydrogen Boilers Market study of MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment. It includes predictions for the period 2025–2030 at the regional level. According to the analysis, the market has been further classified as:

Based on Technology:

  • Hydrogen Blend
  • Hydrogen Ready

The hydrogen blend segment is expected to hold a major market share in the Europe & APAC Hydrogen Boilers Market in the forecast period, owing to its high compatibility with existing infrastructure. Hydrogen-blend boilers can be integrated into existing natural gas infrastructure without major modifications. This compatibility allows for a smoother transition, as users can leverage their existing gas pipelines and distribution systems. Moreover, a hydrogen blend boiler uses 20% hydrogen and 80% natural gas, which makes its adoption easier and offers flexibility in terms of fuel choice, allowing users to adapt to changing market conditions and evolving hydrogen infrastructure, which might augment its growth in the forecast period.

Based on Application:

  • Residential
  • Commercial
  • Industrial

The residential segment holds a major market share of the Europe & APAC Hydrogen Boilers Market owing to the smaller scale of deployment. The residential sector has smaller boiler units that can be replaced more easily as compared to the industrial and commercial sectors. Smaller-scale projects are often easier to implement, making residential adoption more feasible in the early stages of hydrogen technology development. Hence, the residential sector is expected to dominate the European and APAC Hydrogen Boilers Market in the future.

Saudi Arabia Oilfield Service Industry Recent Development:

  • 2023: Viessmann, partnered with OGE to test the operation of a Vitocrossal CI3 condensing boiler using hydrogen as a fuel source at the Krummhörn compressor station in East Frisia.

Gain a Competitive Edge with Our Europe & APAC Hydrogen Boilers Market Report

  1. Europe & APAC Hydrogen Boilers Market Report by Markntel Advisors provides a detailed & thorough analysis of market size, growth rate, competitive landscape, and key players. This comprehensive analysis helps business organizations to gain a holistic understanding of the market dynamics & make informed decisions.
  2. This report also highlights current market trends & future projections, allowing business organizations to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
  3. Europe & APAC Hydrogen Boilers Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, business organizations can develop strategies to minimize risks & optimize their operations.

Frequently Asked Questions

   A. The Europe & APAC Hydrogen Boilers Market is expected to grow at a CAGR of around 32% during 2025-2030.

   A. Rising government initiatives in hydrogen infrastructure development are expected to drive the Europe & APAC Hydrogen Boilers Market during 2025-2030.

   A. Worcester Bosch, Baxi, Ideal Heating, Viessmann, Bosch Industriekessel GmmbH, Jerico Energy Ventures, Valient Group, Giacomini, Miura Co, Ltd., KyungDong Navien, and others are the top companies in the Europe & APAC Hydrogen Boilers Market.

   A. Hydrogen blend is the leading technology in the Europe & APAC Hydrogen Boilers Market.

   A. The surge in the adoption of steam-as-a-service (SaaS) is the key trend shaping the growth of the Europe & APAC Hydrogen Boilers Market.

   A. The high cost associated with hydrogen boilers as compared to conventional boilers is the key challenge affecting the growth of the Europe & APAC Hydrogen Boilers Market.

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Global Hydrogen Industry Outlook, 2023
    1. Major Players Involved in the Production of Hydrogen
    2. Green Hydrogen and its Role in Hydrogen Boilers
    3. Future Scope
  5. Europe and Asia-Pacific Hydrogen Boilers Market Supply Chain Analysis
  6. Europe and Asia-Pacific Hydrogen Boilers Market Trends & Development
  7. Europe and Asia-Pacific Hydrogen Boilers Market Dynamics
    1. Drivers
    2. Challenges
  8. Europe and Asia-Pacific Hydrogen Boilers Market Policy & Regulations
  9. Europe and Asia-Pacific Hydrogen Boilers Market Development, 2025-2030
    1. Market Size & Outlook
      1. Revenues (USD Million)
    2. Market Share & Outlook
      1. By Technology
        1. Hydrogen Blend- Market Size & Forecast 2025-2030, (USD Million)
        2. Hydrogen Ready- Market Size & Forecast 2025-2030, (USD Million)
      2. By Application
        1. Residential- Market Size & Forecast 2025-2030, (USD Million)
        2. Commercial- Market Size & Forecast 2025-2030, (USD Million)
        3. Industrial- Market Size & Forecast 2025-2030, (USD Million)
      3. By Region
        1. Europe
        2. Asia-Pacific
  10. Europe Hydrogen Boilers Market Development, 2025-2030
    1. Market Size & Outlook
      1. Revenues (USD Million)
    2. Market Share & Outlook
      1. By Technology- Market Size & Forecast 2025-2030, (USD Million)
      2. By Application- Market Size & Forecast 2025-2030, (USD Million)
      3. By Countries
        1. The UK
        2. Germany
        3. France
        4. Italy
        5. Spain
        6. The Netherlands
        7. Rest of Europe
    3. The UK Hydrogen Boilers Market Development, 2025-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology- Market Size & Forecast 2025-2030, (USD Million)
        2. By Application- Market Size & Forecast 2025-2030, (USD Million)
    4. Germany Hydrogen Boilers Market Development, 2025-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology- Market Size & Forecast 2025-2030, (USD Million)
        2. By Application- Market Size & Forecast 2025-2030, (USD Million)
    5. France Hydrogen Boilers Market Development, 2025-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology- Market Size & Forecast 2025-2030, (USD Million)
        2. By Application- Market Size & Forecast 2025-2030, (USD Million)
    6. Italy Hydrogen Boilers Market Development, 2025-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology- Market Size & Forecast 2025-2030, (USD Million)
        2. By Application- Market Size & Forecast 2025-2030, (USD Million)
    7. Spain Hydrogen Boilers Market Development, 2025-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology- Market Size & Forecast 2025-2030, (USD Million)
        2. By Application- Market Size & Forecast 2025-2030, (USD Million)
    8. The Netherlands Hydrogen Boilers Market Development, 2025-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology- Market Size & Forecast 2025-2030, (USD Million)
        2. By Application- Market Size & Forecast 2025-2030, (USD Million)
  11. Asia-Pacific Hydrogen Boilers Market Development, 2025-2030
    1. Market Size & Outlook
      1. Revenues (USD Million)
    2. Market Share & Outlook
      1. By Technology- Market Size & Forecast 2025-2030, (USD Million)
      2. By Application- Market Size & Forecast 2025-2030, (USD Million)
      3. By Countries
        1. Japan
        2. China
        3. South Korea
        4. Australia
        5. Rest of the Asia-Pacific
    3. Japan Hydrogen Boilers Market Development, 2025-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology- Market Size & Forecast 2025-2030, (USD Million)
        2. By Application- Market Size & Forecast 2025-2030, (USD Million)
    4. China Hydrogen Boilers Market Development, 2025-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology- Market Size & Forecast 2025-2030, (USD Million)
        2. By Application- Market Size & Forecast 2025-2030, (USD Million)
    5. South Korea Hydrogen Boilers Market Development, 2025-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology- Market Size & Forecast 2025-2030, (USD Million)
        2. By Application- Market Size & Forecast 2025-2030, (USD Million)
    6. Australia Hydrogen Boilers Market Development, 2025-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology- Market Size & Forecast 2025-2030, (USD Million)
        2. By Application- Market Size & Forecast 2025-2030, (USD Million)
  12. Europe and Asia-Pacific Hydrogen Boilers Market Key Strategic Imperatives for Growth & Success
  13. Competitive Outlook
    1. Company Profiles 
      1. Worcester Bosch
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2.  Baxi
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. Ideal Heating
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. Viessmann
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. Bosch Industriekessel GmbH
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Jerico Energy Ventures
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. Valient Group
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. Giacomini
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. Miura Co, Ltd.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. KyungDong Navien
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11. Others
  14. Disclaimer


Europe and Asia-Pacific Hydrogen Boilers Market Segmentation