加热设备市场:按应用、产品类型、燃料类型和国家进行分析和预测(2023-2033)
市场调查报告书
商品编码
1445390

加热设备市场:按应用、产品类型、燃料类型和国家进行分析和预测(2023-2033)

Global Heating Equipment Market: Focus on Application, Product Type, Fuel Type, and Country-Level Analysis - Analysis and Forecast, 2023-2033

出版日期: | 出版商: BIS Research | 英文 153 Pages | 商品交期: 1-5个工作天内

价格

全球暖气设备市场规模预计将从2023年的1,109.391亿美元成长到2033年的2065.05亿美元,预测期内复合年增长率为6.41%。

全球暖气设备市场正在经历显着成长,亚太地区在暖气设备技术的采用和进步方面处于主导地位。全球向永续性的转变是全球暖气设备市场的关键驱动力,推动了暖气设备解决方案的创新和投资。这包括对炉子和锅炉等传统供暖系统的改进,以及热泵和太阳能供暖等替代方案的出现。对能源效率和环境永续性的日益关注导致了有利于采用高效能供暖设备的法规和奖励。这刺激了对更新、更有效率的暖气系统的需求,特别是在能源标准严格的地区。

主要市场统计数据
预测期 2023-2033
2023年评估 1109.3亿美元
2033年预测 约2065亿美元
复合年增长率 6.41%

世界各国政府正在实施政策和奖励来推广可再生供暖解决方案。 2023 年 12 月,美国不列颠哥伦比亚省开始製定一项政策,旨在建立 2030 年 CleanBC蓝图中概述的 HEES(最高效率设备标准)。这些标准将于 2030 年生效,将成为不列颠哥伦比亚住宅、中小型商业地产和设施广泛采用高效低碳设备的催化剂。

市场分类:

细分1:按用途

  • 住宅
  • 商业的
  • 工业的

住宅应用主导全球暖气设备市场

随着世界各地的能源效率法规变得越来越严格,住宅正在用更新、更有效率的型号替换旧的、低效的暖气设备。这种趋势在政府为节能设备升级提供激励和回扣的地区尤其明显。

消费者在选择家用暖气设备时越来越重视舒适性、便利性和环境永续性。这些不断变化的偏好正在推动对智慧连网型供暖解决方案的需求,这些解决方案可以远端控制并与其他智慧家居系统整合。

使用最新暖气设备对现有住宅重建和维修也推动了市场成长。

细分 2:依产品类型

  • 热泵
  • 锅炉
  • 其他的

热泵产品主导全球暖气设备市场

与火炉和锅炉等传统供暖系统相比,热泵以其能源效率而闻名。热泵可以从空气、地面或水源中提取热量,使其成为住宅和建筑物供暖的更永续的选择。

随着人们对气候变迁的认识不断增强以及减少碳排放的需要,对环保供暖解决方案的需求不断增加。热泵产生的温室气体排放低于使用石化燃料的加热系统,这使其成为具有环保意识的消费者和政策制定者的有吸引力的选择。

热泵技术的进步提高了效率、性能和可靠性。现代热泵在寒冷地区有效运行,使其适用于更广泛的应用。

细分 3:依燃料类型

  • 天然气
  • 其他的

天然气燃料主导全球暖气设备市场

天然气通常比石油和电力等其他燃料类型更具成本效益,这使其成为加热设备的有吸引力的选择,特别是在天然气丰富且相对便宜的地区。

在许多地区,天然气发行的基础设施已经到位,使消费者更容易、更方便地使用天然气进行暖气。这项成熟的基础设施正在支援天然气加热设备的采用。

细分 4:按地区

  • 北美洲:美国、加拿大、墨西哥
  • 欧洲:德国、法国、英国、义大利等
  • 亚太地区:日本、中国、印度、韩国等
  • 其他地区: 南美洲, 中东/非洲

在都市化、经济发展、政府对能源效率的支持和技术进步的推动下,亚太地区供暖设备市场预计将继续稳定成长。

该地区正在经历快速的都市化和工业化,住宅、商业和工业领域对暖气设备的需求不断增加。随着越来越多的人迁移到都市区和工业扩张,建筑物、工厂和其他基础设施对暖气系统的需求显着增加。

中国、印度、日本、韩国和东南亚国家等国家的经济成长正在提高可支配收入水准并增加建设活动。这导致住宅和商业领域(包括办公室、饭店、购物中心和住宅多用户住宅)对暖气设备的需求增加。

本报告调查了全球供热设备市场,总结了市场概况、市场影响因素分析、市场规模趋势和预测、各细分市场和地区的详细分析、竞争形势以及主要企业分析。

目录

执行摘要

第一章 市场

  • 趋势:当前和未来的影响评估
    • 趋势:概述
    • 物联网加热设备市场日益受到关注
    • 注意能源效率
  • 供应链概览
  • 研发回顾
    • 专利申请趋势(按国家和年份)
  • 监管状况
  • 市场动态:概述
    • 市场驱动因素
    • 市场限制因素
    • 市场机会

第二章 应用

  • 使用分类
  • 应用概述
  • 全球暖气设备市场(按应用分类)
    • 目的

第三章 产品

  • 产品分类
  • 产品概要
  • 全球供热设备市场(依产品类型)
    • 产品类别
  • 全球暖气设备市场(按燃料类型)
    • 汽油种类

第四章 区域

  • 区域概况
  • 促进因素/抑制因素
  • 北美洲
  • 欧洲
  • 亚太地区
  • 其他地区

第五章市场:竞争基准化分析与公司概况

  • 下一个前沿
  • 地理评估
    • DAIKIN INDUSTRIES, Ltd.
    • Johnson Controls
    • LG Electronics
    • Robert Bosch GmbH
    • SAMSUNG ELECTRONICS CO., LTD.
    • Hitachi, Ltd.
    • FUJITSU GENERAL
    • Carrier
    • Midea Group
    • Lennox International Inc.
    • Ingersoll Rand
    • Emerson Electric Co.
    • Mitsubishi Electric Corporation
    • Vaillant Group International GmbH
    • Rheem Manufacturing Company

第六章调查方法

Product Code: MS01921SA

The Global Heating Equipment Market Expected to Reach $206.50 Billion by 2033

Introduction to the Global Heating Equipment Market

The global heating equipment market has experienced remarkable growth, with Asia-Pacific taking the lead in adopting and advancing the heating equipment technology. The global shift toward sustainability is a key driver in the global heating equipment market, driving both innovation and investment in heating equipment solutions. This includes improvements in traditional heating systems such as furnaces and boilers, as well as the emergence of alternative options such as heat pumps and solar heating. Increasing emphasis on energy efficiency and environmental sustainability has led to the implementation of regulations and incentives favoring the adoption of high-efficiency heating equipment. This has stimulated demand for newer, more efficient heating systems, particularly in regions with stringent energy standards.

KEY MARKET STATISTICS
Forecast Period2023 - 2033
2023 Evaluation$110.93 Billion
2033 Forecast$206.50 Billion
CAGR6.41%

Governments worldwide are implementing policies and incentives to promote renewable heating equipment solutions. In December 2023, the Province of British Columbia (B.C.), U.S., embarked on the development of a policy aimed at enacting the Highest Efficiency Equipment Standards (HEES) for space and water heating commitment as delineated in the CleanBC Roadmap to 2030. Upon their implementation in 2030, these standards will serve as catalysts for the widespread adoption of high-efficiency, low-carbon equipment within residential, small-to-medium commercial, and institutional buildings across British Columbia.

The global heating equipment market is projected to reach $206,505.0 million by 2033 from $110,939.1 million in 2023, growing at a CAGR of 6.41% during the forecast period 2023-2033.

Industrial Impact

Carrier, Johnson Controls, DAIKIN INDUSTRIES, Ltd., Hitachi, Ltd., and LG Electronics are some of the leading players globally in the heating equipment market. Vornado Air, LLC, Dyson, and FUJITSU GENERAL are some of the emerging companies that have remained in the limelight for the last few years in the heating equipment market.

Some of the strategies adopted by heating equipment manufacturers are new product launches, business expansions, mergers and acquisitions, partnerships, and collaborations.

Mergers and acquisitions, partnerships, and collaborations have been the most preferred strategies in the market. The electrification of heating equipment systems is expected to gain momentum, especially in regions where electricity generation is becoming cleaner due to the growing share of renewable energy sources. Electric heat pumps could see significant growth as efficiency improves and costs decrease. There's likely to be a continued shift toward renewable energy sources for heating, driven by concerns about climate change and the desire to reduce carbon emissions.

Market Segmentation:

Segmentation 1: by Application

  • Residential
  • Commercial
  • Industrial

Residential Application to Dominate the Global Heating Equipment Market (by Application)

Increasingly stringent energy efficiency regulations worldwide have driven homeowners to replace older, less efficient heating equipment with newer, more efficient models. This trend is particularly evident in regions where governments offer incentives or rebates for upgrading energy-efficient appliances.

Consumers are increasingly prioritizing comfort, convenience, and environmental sustainability when choosing heating equipment for their homes. This shift in preferences has led to greater demand for smart, connected heating equipment solutions that can be controlled remotely and integrated with other home automation systems.

The renovation and retrofitting of existing residential buildings with modern heating equipment have also fueled market growth.

Segmentation 2: by Product Type

  • Heat Pumps
  • Furnaces
  • Boilers
  • Others

Heat Pumps to Dominate the Global Heating Equipment Market (by Product Type)

Heat pumps are known for their high energy efficiency compared to traditional heating systems such as furnaces or boilers. They can extract heat from the air, ground, or water sources, making them a more sustainable option for heating homes and buildings.

With increasing awareness of climate change and the need to reduce carbon emissions, there's a growing demand for eco-friendly heating equipment solutions. Heat pumps produce fewer greenhouse gas emissions compared to fossil fuel-based heating systems, making them an attractive choice for environmentally conscious consumers and policymakers.

Advances in heat pump technology have led to improvements in efficiency, performance, and reliability. Modern heat pumps can operate effectively even in colder climates, making them suitable for a broader range of applications.

Segmentation 3: by Fuel Type

  • Natural Gas
  • Oil
  • Electricity
  • Others

Natural Gas to Dominate the Global Heating Equipment Market (by Fuel Type)

Natural gas is often more cost-effective compared to other fuel types, such as oil or electricity, making it an attractive option for heating equipment, especially in regions where natural gas is abundant and relatively cheap.

In many regions, there is already an existing infrastructure for natural gas distribution, making it easier and more convenient for consumers to access natural gas for heating purposes. This established infrastructure encourages the adoption of natural gas heating equipment.

Segmentation 4: by Region

  • North America - U.S., Canada, Mexico
  • Europe - Germany, France, U.K., Italy, and Rest-of-Europe
  • Asia-Pacific - Japan, China, India, South Korea, and Rest-of-Asia-Pacific
  • Rest-of-the-World - South America and Middle East and Africa

The heating equipment market in the Asia-Pacific region is expected to continue growing steadily, fueled by urbanization, economic development, government support for energy efficiency, and technological advancements.

The Asia-Pacific region has been undergoing rapid urbanization and industrialization, leading to increased demand for heating equipment in residential, commercial, and industrial sectors. As more people move to urban areas and industries expand, the need for heating systems for buildings, factories, and other infrastructure has grown substantially.

Economic growth in countries such as China, India, Japan, South Korea, and Southeast Asian nations has resulted in rising disposable income levels and increased construction activities. This has fueled demand for heating equipment in both residential and commercial sectors, including offices, hotels, malls, and residential complexes.

Manufacturers are increasingly focusing on innovating heating equipment to meet the region's diverse needs, including high-performance systems tailored to specific climatic conditions.

Recent Developments in the Global Heating Equipment Market

  • In July 2023, Budapest, Hungary, hosted the Midea Building Technologies New Product Launch. The next-generation M thermal R290 Nature Series Heat Pump was unveiled by Midea Building Technologies, showcasing the company's ongoing dedication to innovation and sustainable development.
  • In June 2023, the Vaillant Group, a heating equipment technology supplier based in Remscheid, revealed that the company saw significant growth in its heat pump business in 2022, with sales rising by more than 75%. As a consequence, the company has expanded considerably faster than the European market as a whole, thus strengthening its position in the industry. Currently, one of the top three providers of heat pumps in Europe is the Vaillant Group. The Vaillant Group achieved market shares in China and Europe while increasing its sales of gas-fired boilers by 6% in a market that was typically falling.
  • In December 2021, Mitsubishi Electric Corporation introduced Ecodan Hydrodan, a newly developed, effective water-to-water heat pump. The packed plug & play solution is made especially to meet residential apartment needs for heating equipment and hot water while maximizing the considerable sustainable energy savings that the upcoming generation of heat networks offers. Additionally, it uses a small amount of low-GWP R32 refrigerant in order to minimize its negative effects on the environment.
  • In June 2023, the Triton Super and Light Duty water heaters were introduced by Rheem Manufacturing Company. The commercial units can identify and stop water heater issues before they arise, eliminating downtime with up to 98% thermal efficiency. Triton Light Duty, designed with small business owners in mind, provides a more intelligent and durable option than regular units. However, organizations that require maximum hot water supply capacity can benefit from Triton Super Duty's increased capacity. Light Duty and Triton Super complement the current Rheem Manufacturing Company's Triton lineup, which consists of heavy-duty models. The long-term demand currently surpasses production capabilities, positioning them as leaders in the sustainable heating equipment sector.

Demand - Drivers, Challenges, and Opportunities

Market Demand Drivers: Rapid Expansion of Global Construction Projects

The global construction industry is experiencing a substantial expansion, buoyed by economic growth, urbanization, and increased infrastructure investment. This broad-scale development serves as a significant catalyst for the heating equipment market, driving demand for state-of-the-art heating solutions across residential, commercial, and industrial sectors.

For instance, the residential construction boom, particularly in emerging economies, necessitates the deployment of efficient heating systems to meet the needs of new housing developments. Companies such as Robert Bosch GmbH and Lennox International Inc. are expanding their product ranges to include energy-efficient boilers and heat pumps that cater to this burgeoning market. These systems are designed to provide optimal thermal heat with minimal environmental impact, aligning with the global push toward sustainability.

Market Challenges: High Initial Capital Expenditure

High initial capital expenditure constitutes a significant restraint in the heating equipment market, posing a barrier to both adoption and technological advancement. This is particularly evident in the case of state-of-the-art systems, which, despite their long-term operational savings and environmental benefits, require substantial upfront investment.

For example, while geothermal heat pumps offer considerable energy savings over time, their initial installation is capital-intensive. The requirement for extensive underground piping and the drilling process can be cost-prohibitive for many homeowners and small businesses.

Large-scale heating systems, such as variable refrigerant flow (VRF) systems, which are highly efficient and offer superior control, are associated with hefty installation and material costs. This is sometimes exacerbated by the need for specialized labor and training for installation and maintenance.

Market Opportunities: Investment in Sustainable and Energy Efficient Heating Equipment Products

Investment in sustainable and energy-efficient heating products is creating substantial market opportunities within the heating equipment industry. The global push toward sustainability and the increasing focus on reducing carbon emissions are prompting both consumers and businesses to seek out greener, more energy-efficient heating equipment solutions.

This shift in demand is catalyzing innovation and opening new avenues for growth in the sector. One prime example of this trend is the rising investment in heat pump technology. Heat pumps offer a cleaner alternative to traditional heating systems by utilizing electricity to move heat from the air or ground into buildings.

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different applications of the heating equipment products available in the market, which is poised for significant expansion with ongoing technological advancements, increased investments, and growing awareness of sustainable heating equipment solutions. Therefore, the heating equipment business is a high-investment and high-revenue generating model.

Growth/Marketing Strategy: The global heating equipment market has been growing at a rapid pace. The market offers enormous opportunities for existing and emerging market players. Some of the strategies covered in this segment are mergers and acquisitions, product launches, partnerships and collaborations, business expansions, and investments. The strategies preferred by companies to maintain and strengthen their market position primarily include partnerships and collaborations.

Competitive Strategy: The key players in the heating equipment market analyzed and profiled in the study include heating equipment manufacturers. Additionally, a comprehensive competitive landscape such as partnerships, agreements, and collaborations are expected to aid the reader in understanding the untapped revenue pockets in the market.

Research Methodology

Factors for Data Prediction and Modeling

  • The scope of this report has been focused on heating equipment only.
  • The base currency considered for the market analysis is US$. Currencies other than the US$ have been converted to the US$ for all statistical calculations, considering the average conversion rate for that particular year.
  • The currency conversion rate has been taken from the historical exchange rate of the Oanda website.
  • Nearly all the recent developments from January 2021 to December 2023 have been considered in this research study.
  • The information rendered in the report is a result of in-depth primary interviews, surveys, and secondary analysis.
  • Where relevant information was unavailable, proxy indicators and extrapolation were employed.
  • Any economic downturn in the future has not been taken into consideration for the market estimation and forecast.
  • Technologies currently used are expected to persist through the forecast with no major technological breakthroughs.

Market Estimation and Forecast

This research study involves the usage of extensive secondary sources, such as certified publications, articles from recognized authors, white papers, annual reports of companies, directories, and major databases to collect useful and effective information for an extensive, technical, market-oriented, and commercial study of the global heating equipment market.

The process of market engineering involves the calculation of the market statistics, market size estimation, market forecast, market crackdown, and data triangulation (the methodology for such quantitative data processes is explained in further sections). The primary research study has been undertaken to gather information and validate the market numbers for segmentation types and industry trends of the key players in the market.

Primary Research

The primary sources involve industry experts from the heating equipment market and various stakeholders in the ecosystem. Respondents such as CEOs, vice presidents, marketing directors, and technology and innovation directors have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.

The key data points taken from primary sources include:

  • validation and triangulation of all the numbers and graphs
  • validation of reports segmentation and key qualitative findings
  • understanding the competitive landscape
  • validation of the numbers of various markets for market type
  • percentage split of individual markets for geographical analysis

Secondary Research

This research study involves the usage of extensive secondary research, directories, company websites, and annual reports. It also makes use of databases, such as Hoovers, Bloomberg, Businessweek, and Factiva, to collect useful and effective information for an extensive, technical, market-oriented, and commercial study of the global market. In addition to the aforementioned data sources, the study has been undertaken with the help of other data sources and websites, such as GFI and Delft University of Technology.

Secondary research was done to obtain crucial information about the industry's value chain, revenue models, the market's monetary chain, the total pool of key players, and the current and potential use cases and applications.

The key data points taken from secondary research include:

  • segmentations and percentage shares
  • data for market value
  • key industry trends of the top players of the market
  • qualitative insights into various aspects of the market, key trends, and emerging areas of innovation
  • quantitative data for mathematical and statistical calculations

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and heating equipment market penetration.

Some of the prominent names in thie global heating equipment market are:

  • Carrier
  • DAIKIN INDUSTRIES, Ltd.
  • Johnson Controls
  • Midea Group
  • Lennox International Inc.

Companies that are not a part of the aforementioned pool have been well represented across different sections of the report (wherever applicable).

Table of Contents

Executive Summary

Scope and Definition

1 Markets

  • 1.1 Trends: Current and Future Impact Assessment
    • 1.1.1 Trends: Overview
    • 1.1.2 Rising Focus on IoT- Enabled Heating Equipment Market
    • 1.1.3 Focus on Energy Efficiency
  • 1.2 Supply Chain Overview
    • 1.2.1 Value Chain Analysis
    • 1.2.2 Market Map
  • 1.3 Research and Development Review
    • 1.3.1 Patent Filing Trend (by Country, by Year)
  • 1.4 Regulatory Landscape
  • 1.5 Market Dynamics: Overview
    • 1.5.1 Market Drivers
      • 1.5.1.1 Rapid Expansion of Global Construction Projects
      • 1.5.1.2 Environmental Consequences of the Greenhouse Effect
      • 1.5.1.3 Incorporation of Renewable Energy Sources
    • 1.5.2 Market Restraints
      • 1.5.2.1 High Initial Capital Expenditure
      • 1.5.2.2 Fluctuations in Energy Costs
    • 1.5.3 Market Opportunities
      • 1.5.3.1 Investment in Sustainable and Energy Efficient Heating Equipment Products
      • 1.5.3.2 Rise in Partnerships and Collaborations Globally

2 Application

  • 2.1 Application Segmentation
  • 2.2 Application Summary
  • 2.3 Global Heating Equipment Market (by Application)
    • 2.3.1 Applications
      • 2.3.1.1 Residential
      • 2.3.1.2 Commercial
      • 2.3.1.3 Industrial

3 Products

  • 3.1 Product Segmentation
  • 3.2 Product Summary
  • 3.3 Global Heating Equipment Market (by Product Type)
    • 3.3.1 Product Types
      • 3.3.1.1 Heat Pumps
      • 3.3.1.2 Furnaces
      • 3.3.1.3 Boilers
      • 3.3.1.4 Others
  • 3.4 Global Heating Equipment Market (by Fuel Type)
    • 3.4.1 Fuel Types
      • 3.4.1.1 Natural Gas
      • 3.4.1.2 Oil
      • 3.4.1.3 Electricity
      • 3.4.1.4 Others

4 Regions

  • 4.1 Regional Summary
  • 4.2 Drivers and Restraints
  • 4.3 North America
    • 4.3.1 Regional Overview
    • 4.3.2 Driving Factors for Market Growth
    • 4.3.3 Factors Challenging the Market
    • 4.3.4 Application
    • 4.3.5 Product
    • 4.3.6 North America (by Country)
      • 4.3.6.1 U.S.
      • 4.3.6.2 Canada
      • 4.3.6.3 Mexico
  • 4.4 Europe
    • 4.4.1 Regional Overview
    • 4.4.2 Driving Factors for Market Growth
    • 4.4.3 Factors Challenging the Market
    • 4.4.4 Application
    • 4.4.5 Product
    • 4.4.6 Europe (by Country)
      • 4.4.6.1 France
      • 4.4.6.2 Germany
      • 4.4.6.3 U.K.
      • 4.4.6.4 Italy
      • 4.4.6.5 Rest-of-Europe
  • 4.5 Asia-Pacific
    • 4.5.1 Regional Overview
    • 4.5.2 Driving Factors for Market Growth
    • 4.5.3 Factors Challenging the Market
    • 4.5.4 Application
    • 4.5.5 Product
    • 4.5.6 Asia-Pacific (by Country)
      • 4.5.6.1 China
      • 4.5.6.2 India
      • 4.5.6.3 Japan
      • 4.5.6.4 South Korea
      • 4.5.6.5 Rest-of-Asia-Pacific
  • 4.6 Rest-of-the-World
    • 4.6.1 Regional Overview
    • 4.6.2 Driving Factors for Market Growth
    • 4.6.3 Factors Challenging the Market
    • 4.6.4 Application
    • 4.6.5 Product
    • 4.6.6 Rest-of-the-World (by Region)
      • 4.6.6.1 South America
      • 4.6.6.2 Middle East and Africa

5 Markets - Competitive Benchmarking & Company Profiles

  • 5.1 Next Frontiers
  • 5.2 Geographic Assessment
    • 5.2.1 DAIKIN INDUSTRIES, Ltd.
      • 5.2.1.1 Overview
      • 5.2.1.2 Top Products/Product Portfolio
      • 5.2.1.3 Top Competitors
      • 5.2.1.4 Target Customers
      • 5.2.1.5 Key Personnel
      • 5.2.1.6 Analyst View
      • 5.2.1.7 Market Share, 2022
    • 5.2.2 Johnson Controls
      • 5.2.2.1 Overview
      • 5.2.2.2 Top Products/Product Portfolio
      • 5.2.2.3 Top Competitors
      • 5.2.2.4 Target Customers
      • 5.2.2.5 Key Personnel
      • 5.2.2.6 Analyst View
      • 5.2.2.7 Market Share, 2022
    • 5.2.3 LG Electronics
      • 5.2.3.1 Overview
      • 5.2.3.2 Top Products/Product Portfolio
      • 5.2.3.3 Top Competitors
      • 5.2.3.4 Target Customers
      • 5.2.3.5 Key Personnel
      • 5.2.3.6 Analyst View
    • 5.2.4 Robert Bosch GmbH
      • 5.2.4.1 Overview
      • 5.2.4.2 Top Products/Product Portfolio
      • 5.2.4.3 Top Competitors
      • 5.2.4.4 Target Customers
      • 5.2.4.5 Key Personnel
      • 5.2.4.6 Analyst View
    • 5.2.5 SAMSUNG ELECTRONICS CO., LTD.
      • 5.2.5.1 Overview
      • 5.2.5.2 Top Products/Product Portfolio
      • 5.2.5.3 Top Competitors
      • 5.2.5.4 Target Customers
      • 5.2.5.5 Key Personnel
      • 5.2.5.6 Analyst View
      • 5.2.5.7 Market Share, 2022
    • 5.2.6 Hitachi, Ltd.
      • 5.2.6.1 Overview
      • 5.2.6.2 Top Products/Product Portfolio
      • 5.2.6.3 Top Competitors
      • 5.2.6.4 Target Customers
      • 5.2.6.5 Key Personnel
      • 5.2.6.6 Analyst View
    • 5.2.7 FUJITSU GENERAL
      • 5.2.7.1 Overview
      • 5.2.7.2 Top Products/Product Portfolio
      • 5.2.7.3 Top Competitors
      • 5.2.7.4 Target Customers
      • 5.2.7.5 Key Personnel
      • 5.2.7.6 Analyst View
    • 5.2.8 Carrier
      • 5.2.8.1 Overview
      • 5.2.8.2 Top Products/Product Portfolio
      • 5.2.8.3 Top Competitors
      • 5.2.8.4 Target Customers
      • 5.2.8.5 Key Personnel
      • 5.2.8.6 Analyst View
      • 5.2.8.7 Market Share, 2022
    • 5.2.9 Midea Group
      • 5.2.9.1 Overview
      • 5.2.9.2 Top Products/Product Portfolio
      • 5.2.9.3 Top Competitors
      • 5.2.9.4 Target Customers
      • 5.2.9.5 Key Personnel
      • 5.2.9.6 Analyst View
    • 5.2.10 Lennox International Inc.
      • 5.2.10.1 Overview
      • 5.2.10.2 Top Products/Product Portfolio
      • 5.2.10.3 Top Competitors
      • 5.2.10.4 Target Customers
      • 5.2.10.5 Key Personnel
      • 5.2.10.6 Analyst View
    • 5.2.11 Ingersoll Rand
      • 5.2.11.1 Overview
      • 5.2.11.2 Top Products/Product Portfolio
      • 5.2.11.3 Top Competitors
      • 5.2.11.4 Target Customers
      • 5.2.11.5 Key Personnel
      • 5.2.11.6 Analyst View
    • 5.2.12 Emerson Electric Co.
      • 5.2.12.1 Overview
      • 5.2.12.2 Top Products/Product Portfolio
      • 5.2.12.3 Top Competitors
      • 5.2.12.4 Target Customers
      • 5.2.12.5 Key Personnel
      • 5.2.12.6 Analyst View
    • 5.2.13 Mitsubishi Electric Corporation
      • 5.2.13.1 Overview
      • 5.2.13.2 Top Products/Product Portfolio
      • 5.2.13.3 Top Competitors
      • 5.2.13.4 Target Customers
      • 5.2.13.5 Key Personnel
      • 5.2.13.6 Analyst View
    • 5.2.14 Vaillant Group International GmbH
      • 5.2.14.1 Overview
      • 5.2.14.2 Top Products/Product Portfolio
      • 5.2.14.3 Top Competitors
      • 5.2.14.4 Target Customers
      • 5.2.14.5 Key Personnel
      • 5.2.14.6 Analyst View
    • 5.2.15 Rheem Manufacturing Company
      • 5.2.15.1 Overview
      • 5.2.15.2 Top Products/Product Portfolio
      • 5.2.15.3 Top Competitors
      • 5.2.15.4 Target Customers
      • 5.2.15.5 Key Personnel
      • 5.2.15.6 Analyst View

6 Research Methodology

  • 6.1 Data Sources
    • 6.1.1 Primary Data Sources
    • 6.1.2 Secondary Data Sources
    • 6.1.3 Data Triangulation
  • 6.2 Market Estimation and Forecast

List of Figures

  • Figure 1: Region with Largest Share of Market, 2022, 2026, and 2033
  • Figure 2: Global Heating Equipment Market (by Application), 2022, 2026, and 2033
  • Figure 3: Global Heating Equipment Market (by Product Type), 2022, 2026, and 2033
  • Figure 4: Global Heating Equipment Market (by Fuel Type), 2022, 2026, and 2033
  • Figure 5: Heating Equipment Market, Recent Developments
  • Figure 6: Supply Chain and Risks within the Supply Chain
  • Figure 7: Value Chain Analysis
  • Figure 8: Patent Analysis (by Country), January 2020-December 2023
  • Figure 9: Patent Analysis (by Year), January 2020-December 2023
  • Figure 10: Impact Analysis of Market Navigating Factors, 2023-2033
  • Figure 11: Building construction and energy efficiency investments in 2019/2020
  • Figure 12: Annual Energy Cost (US$)
  • Figure 13: Crude Oil Prices ($/Barrel)
  • Figure 14: U.S. Heating Equipment Market, $Million, 2022-2033
  • Figure 15: Canada Heating Equipment Market, $Million, 2022-2033
  • Figure 16: Mexico Heating Equipment Market, $Million, 2022-2033
  • Figure 17: France Heating Equipment Market, $Million, 2022-2033
  • Figure 18: Germany Heating Equipment Market, $Million, 2022-2033
  • Figure 19: U.K. Heating Equipment Market, $Million, 2022-2033
  • Figure 20: Italy Heating Equipment Market, $Million, 2022-2033
  • Figure 21: Rest-of-Europe Hydrogen Fuel Cell Market, $Million, 2022-2033
  • Figure 22: China Heating Equipment Market, $Million, 2022-2033
  • Figure 23: India Heating Equipment Market, $Million, 2022-2033
  • Figure 24: Japan Heating Equipment Market, $Million, 2022-2033
  • Figure 25: South Korea Heating Equipment Market, $Million, 2022-2033
  • Figure 26: Rest-of-Asia-Pacific Heating Equipment Market, $Million, 2022-2033
  • Figure 27: South America Heating Equipment Market, $Million, 2022-2033
  • Figure 28: Middle East and Africa Heating Equipment Market, $Million, 2022-2033
  • Figure 29: Strategic Initiatives, 2020-2023
  • Figure 30: Share of Strategic Initiatives
  • Figure 31: Data Triangulation
  • Figure 32: Top-Down and Bottom-Up Approach
  • Figure 33: Assumptions and Limitations

List of Tables

  • Table 1: Market Snapshot
  • Table 2: Heating Equipment Market, Opportunities
  • Table 3: Trends: Overview
  • Table 4: Global Heating Equipment Market (by Region), Thousand Units, 2022-2033
  • Table 5: Global Heating Equipment Market (by Region), $Million, 2022-2033
  • Table 6: North America Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 7: North America Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 8: North America Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 9: North America Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 10: North America Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 11: North America Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 12: U.S. Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 13: U.S. Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 14: U.S. Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 15: U.S. Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 16: U.S. Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 17: U.S. Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 18: Canada Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 19: Canada Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 20: Canada Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 21: Canada Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 22: Canada Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 23: Canada Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 24: Mexico Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 25: Mexico Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 26: Mexico Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 27: Mexico Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 28: Mexico Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 29: Mexico Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 30: Europe Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 31: Europe Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 32: Europe Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 33: Europe Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 34: Europe Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 35: Europe Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 36: France Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 37: France Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 38: France Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 39: France Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 40: France Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 41: France Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 42: Germany Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 43: Germany Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 44: Germany Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 45: Germany Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 46: Germany Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 47: Germany Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 48: U.K. Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 49: U.K. Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 50: U.K. Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 51: U.K. Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 52: U.K. Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 53: U.K. Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 54: Italy Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 55: Italy Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 56: Italy Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 57: Italy Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 58: Italy Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 59: Italy Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 60: Rest-of-Europe Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 61: Rest-of-Europe Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 62: Rest-of-Europe Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 63: Rest-of-Europe Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 64: Rest-of-Europe Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 65: Rest-of-Europe Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 66: Asia-Pacific Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 67: Asia-Pacific Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 68: Asia-Pacific Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 69: Asia-Pacific Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 70: Asia-Pacific Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 71: Asia-Pacific Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 72: China Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 73: China Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 74: China Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 75: China Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 76: China Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 77: China Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 78: India Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 79: India Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 80: India Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 81: India Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 82: India Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 83: India Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 84: Japan Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 85: Japan Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 86: Japan Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 87: Japan Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 88: Japan Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 89: Japan Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 90: South Korea Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 91: South Korea Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 92: South Korea Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 93: South Korea Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 94: South Korea Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 95: South Korea Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 96: Rest-of-Asia-Pacific Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 97: Rest-of-Asia-Pacific Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 98: Rest-of-Asia-Pacific Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 99: Rest-of-Asia-Pacific Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 100: Rest-of-Asia-Pacific Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 101: Rest-of-Asia-Pacific Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 102: Rest-of-the-World Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 103: Rest-of-the-World Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 104: Rest-of-the-World Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 105: Rest-of-the-World Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 106: Rest-of-the-World Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 107: Rest-of-the-World Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 108: South America Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 109: South America Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 110: South America Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 111: South America Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 112: South America Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 113: South America Heating Equipment Market (by Fuel Type), $Million, 2022-2033
  • Table 114: Middle East and Africa Heating Equipment Market (by Application), Thousand Units, 2022-2033
  • Table 115: Middle East and Africa Heating Equipment Market (by Application), $Million, 2022-2033
  • Table 116: Middle East and Africa Heating Equipment Market (by Product Type), Thousand Units, 2022-2033
  • Table 117: Middle East and Africa Heating Equipment Market (by Product Type), $Million, 2022-2033
  • Table 118: Middle East and Africa Heating Equipment Market (by Fuel Type), Thousand Units, 2022-2033
  • Table 119: Middle East and Africa Heating Equipment Market (by Fuel Type), $Million, 2022-2033