The Heating Equipment (Except Warm Air Furnaces) Global Market Report 2023, provides comprehensive information on the heating equipment (except warm air furnaces) market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Heating Equipment (Except Warm Air Furnaces) Market’s Growth:
As per The Business Research Company’s Heating Equipment (Except Warm Air Furnaces) Global Market Report 2023, the market size is expected to grow from $43.57 billion in 2022 to $47.10 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. 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 and affecting many markets across the globe. The global heating equipment (except warm air furnaces) market size is expected to reach $57.99 billion in 2027 at a CAGR of 5.3%.
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Technological advancements are the key trends gaining popularity in the animal health market. Major market players are concentrating their efforts on introducing new and advanced technologies to strengthen their position in the market. For instance, in April 2022, Elanco Animal Health Incorporated, a US-based animal health company, and Ginkgo Bioworks, a US-based biotechnology company, launched October 2022, Merck Animal Health, a US-based company that develops, manufactures, and markets a broad range of veterinary medicines and services launched Animo GPS, an activity and behaviour monitor for dogs with GPS tracking capabilities. The product enables real-time tracking with position updates starting every five seconds when in “Lost Dog Mode” and may notify pet owners within 20 seconds if their dog exits its assigned “Safe Zone.” Smart technology is used by Animo GPS to track a dog’s individual activity levels and behaviour within an intuitive mobile app. Data on barking, scratching, shaking, and sleep duration are all recorded by the device. If there are any major changes in these behaviours, it can utilize an adaptive algorithm to analyze this information and issue an alert via the app.
The heating equipment (except warm air furnaces) market is segmented:
1 By Type: Fireplaces, Wood-Burning Stoves, Supplemental Heaters, Low-Pressure Steam, Hot Water Boilers, Furnaces
2) By Business Type: New Construction, Retrofits
3) By Applications: Household, Commercial, Industrial
North America was the largest region in the heating equipment (except warm air furnaces) market in 2022.
The table of contents in TBRC’s heating equipment (except warm air furnaces) market report includes:
1. Executive Summary
2. Heating Equipment (Except Warm Air Furnaces) Market Characteristics
3. Heating Equipment (Except Warm Air Furnaces) Market Trends And Strategies
4. Heating Equipment (Except Warm Air Furnaces) Market – Macro Economic Scenario
5. Heating Equipment (Except Warm Air Furnaces) Market Size And Growth
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26. Africa Heating Equipment (Except Warm Air Furnaces) Market
27. Heating Equipment (Except Warm Air Furnaces) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Heating Equipment (Except Warm Air Furnaces) Market
29. Heating Equipment (Except Warm Air Furnaces) Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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