The market is dominated by domestic suppliers, as imports account for 32.0% of total market size in 2020. B2B drives market demand, with B2B spending representing 93.9% of total demand in 2020. Germany has the largest market size for tanks, reservoirs, boilers and radiators in the region, with demand reaching USD5.9 billion in 2020. Viessmann Werke GmbH & Co KG is the largest company in Germany, generating 3.4% of the industry’s total production value in 2020. The industry is fragmented, with the top four companies generating 7.5% of total production value in 2020. The total number of companies increases in 2020, to 1,091 units. The costs of the industry increase by 0.5% in 2020, largely driven by rising labour costs. The industry’s profitability decreases and stands at 3.2% of production value in 2020, the 20th highest in the region. With production value of USD5.3 billion, Germany accounts for 20.7% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Tanks, Reservoirs, Boilers and Radiators in Germany: ISIC 2812. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Tanks, Reservoirs, Boilers and Radiators in Germany: ISIC 2812 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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