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:
Residential
Commercial
Industrial
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Top 5 Major Key Players Are:
United Technologies Corporation
Europe was the largest region in the heating equipment market in 2022.
Table Of Contents
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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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