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Heating Equipment Market Industry Trends And Emerging Opportunities Till 2032

Jamuna tbrc
Heating Equipment Market Industry Trends And Emerging Opportunities Till 2032

The Business Research Company’s Heating Equipment Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Heating Equipment Global Market Report 2023 evaluates heating equipment market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global heating equipment market size grew from $36.35 billion in 2022 to $40.16 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The heating equipment market size is expected to grow to $51.08 billion in 2027 at a CAGR of 6.2%.

The heating equipment market segments in the report are:

By Product:

Heat Pumps

Furnaces, Boilers

Unitary Heaters

Other Products

By Technology:

Air Source

Water Source

Ground Source

By Application:




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Top 5 Major Key Players Are:

Danfoss A/S

United Technologies Corporation

Trane Technologies plc

Lennox International Inc

Johnson Controls

Europe was the largest region in the heating equipment market in 2022.


Table Of Contents

1. Executive Summary

2. Heating Equipment Market Characteristics

3. Heating Equipment Market Trends And Strategies

4. Heating Equipment Market - Macro Economic Scenario

5. Heating Equipment Market Size And Growth

6. Heating Equipment Market Segmentation

7. Heating Equipment Market Regional And Country Analysis




28. Key Mergers And Acquisitions In The Heating Equipment Market

29. Heating Equipment Market Future Outlook and Potential Analysis

30. Appendix

List Of Tables

Table 1: Global Historic Market Growth, 2017-2022, $ Billion

Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion

Table 3: Global Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 4: Global Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 5: Global Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion


Table 47: United Technologies Corporation Financial Performance

Table 48: Trane Technologies plc Financial Performance

Table 49: Lennox International Inc. Financial Performance

Table 50: Robert Bosch GmbH Financial Performance


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