Global Warm Air Heaters Market: Overview
"The Warm Air Heaters Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."
Warm air heating is known as warm air central heating, which converts cool air into warm air. Warm air heaters offer flexible, efficient, and cost-effective gas-fired solutions for residential and non-residential buildings. The warm air heater is used in buildings where heating systems which use boilers or radiators are not suitable.
Rising construction activities, growing need for efficient heating equipment, and increasing use of warm air heaters in residential and non-residential buildings in developing and developed countries are some major factors expected to drive revenue growth of the global warm air heaters market. Furthermore, building energy management systems (BEMS) to lower energy consumption and improve productivity is expected to drive revenue growth in the target market. The International Organization for Standardization (ISO) has established some principles for building designs, which directly influence the growth of the global market.
The latest trend observed in the target market is growing concerns regarding the environment, carbon emissions, energy efficiency, and energy consumption encouraging major players to invest in the warm air heaters. In addition, increasing research and development activities related to designing heaters with improved thermal performance is expected to create potential revenue opportunities for players operating in the target market in the upcoming period.
Moreover, the government introduced legislation regarding carbon emissions and fuel efficiency, such as replacing conventional vehicles with electric ones. This encourages consumers to use smart meters for energy consumption and saving. However, available alternatives, high initial cost, and complex manufacturing methods are some factors that are expected to hamper the growth of the global market over the forecast period.
Global Warm Air Heaters Market: Segment Analysis
Among the product type segments, the fired heaters segment is projected to account for higher revenue shares in the global market.
Among the application segments, the industrial process segment is expected to account major revenue share in the global market and is projected to maintain its dominance over the forecast period.
Global Warm Air Heaters Market: Region Analysis
Among the regions, the market in North America is estimated to account for a major share in terms of revenue in the global market, owing to the high demand for warm air heaters in the region. In addition, a cold climate for a long duration, which rises demand for heaters, ongoing advancements in heaters, and the presence of major players are some factors expected to drive the warm air heater market in North America.
The warm air heaters market in Asia Pacific is expected to grow significantly, owing to increasing heating, ventilation, and air conditioning (HVAC) equipment demand in the region. Markets in Europe, Middle East & Africa, and Latin America are expected to register substantial growth over the forecast period.
Global Warm Air Heaters Market Segmentation:
Segmentation by Product Type:
- Fired Heaters
- Electric Forced Air Heaters
- Convection Heaters
- Radiant Heaters
- Forced Air Heaters
Segmentation by Application:
- Power Generation
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Reznor UK
- AmbiRad Limited
- Kroll UK Ltd.
- Dantherm A/S
- Winterwarm BV
- Johnson & Starley
- Powrmatic Limited
- Colt International Licensing Limited
- Babcock Wanson SA
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