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加熱設備市場：按應用、產品類型、燃料類型和國家進行分析和預測（2023-2033）
市場調查報告書
商品編碼
1445390

加熱設備市場：按應用、產品類型、燃料類型和國家進行分析和預測（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個工作天內

價格

全球暖氣設備市場規模預計將從2023年的1,109.391億美元成長到2033年的2065.05億美元，預測期內年複合成長率為6.41%。

全球暖氣設備市場正在經歷顯著成長，亞太地區在暖氣設備技術的採用和進步方面處於主導地位。全球向永續性的轉變是全球暖氣設備市場的關鍵驅動力，推動了暖氣設備解決方案的創新和投資。這包括對爐子和鍋爐等傳統供暖系統的改進，以及熱泵和太陽能供暖等替代方案的出現。對能源效率和環境永續性的日益關注導致了有利於採用高效能供暖設備的法規和獎勵。這刺激了對更新、更有效率的暖氣系統的需求，特別是在能源標準嚴格的地區。

主要市場統計數據
預測期 2023-2033
2023年評估 1109.3億美元
2033年預測 約2065億美元
年複合成長率 6.41%

世界各國政府正在實施政策和獎勵來推廣可再生供暖解決方案。 2023 年 12 月，美國不列顛哥倫比亞省開始製定一項政策，旨在建立 2030 年 CleanBC藍圖中概述的 HEES（最高效率設備標準）。這些標準將於 2030 年生效，將成為不列顛哥倫比亞住宅、中小型商業地產和設施廣泛採用高效低碳設備的催化劑。

市場分類：

細分1：按用途

  • 住宅
  • 商業的
  • 工業的

住宅應用主導全球暖氣設備市場

隨著世界各地的能源效率法規變得越來越嚴格，住宅正在用更新、更有效率的型號替換舊的、低效的暖氣設備。這種趨勢在政府為節能設備升級提供激勵和回扣的地區尤其明顯。

消費者在選擇家用暖氣設備時越來越重視舒適性、便利性和環境永續性。這些不斷變化的偏好正在推動對智慧連網型供暖解決方案的需求，這些解決方案可以遠端控制並與其他智慧家居系統整合。

使用最新暖氣設備對現有住宅重建和維修也推動了市場成長。

細分 2：依產品類型

  • 熱泵
  • 爐
  • 鍋爐
  • 其他

熱泵產品主導全球暖氣設備市場

與火爐和鍋爐等傳統供暖系統相比，熱泵以其能源效率而聞名。熱泵可以從空氣、地面或水源中提取熱量，使其成為住宅和建築物供暖的更永續的選擇。

隨著人們對氣候變遷的認知不斷增強以及減少碳排放的需要，對環保供暖解決方案的需求不斷增加。熱泵產生的溫室氣體排放低於使用石化燃料的加熱系統，這使其成為具有環保意識的消費者和政策制定者的有吸引力的選擇。

熱泵技術的進步提高了效率、性能和可靠性。現代熱泵在寒冷地區有效運行，使其適用於更廣泛的應用。

細分 3：依燃料類型

  • 天然氣
  • 油
  • 電
  • 其他

天然氣燃料主導全球暖氣設備市場

天然氣通常比石油和電力等其他燃料類型更具成本效益，這使其成為加熱設備的有吸引力的選擇，特別是在天然氣豐富且相對便宜的地區。

在許多地區，天然氣發行的基礎設施已經到位，使消費者更容易、更方便地使用天然氣進行暖氣。這項成熟的基礎設施正在支援天然氣加熱設備的採用。

細分 4：按地區

  • 北美洲：美國、加拿大、墨西哥
  • 歐洲：德國、法國、英國、義大利等
  • 亞太地區：日本、中國、印度、韓國等
  • 其他地區: 南美洲, 中東/非洲

在都市化、經濟發展、政府對能源效率的支持和技術進步的推動下，亞太地區供暖設備市場預計將繼續穩定成長。

該地區正在經歷快速的都市化和工業化，住宅、商業和工業領域對暖氣設備的需求不斷增加。隨著越來越多的人遷移到都市區和工業擴張，建築物、工廠和其他基礎設施對暖氣系統的需求顯著增加。

中國、印度、日本、韓國和東南亞國家等國家的經濟成長正在提高可支配收入水準並增加建設活動。這導致住宅和商業領域（包括辦公室、飯店、購物中心和住宅多用戶住宅）對暖氣設備的需求增加。

本報告調查了全球供熱設備市場，總結了市場概況、市場影響因素分析、市場規模趨勢和預測、各細分市場和地區的詳細分析、競爭形勢以及主要企業分析。

目錄

執行摘要

第1章 市場

  • 趨勢：當前和未來的影響評估
    • 趨勢：概述
    • 物聯網加熱設備市場日益受到關注
    • 注意能源效率
  • 供應鏈概覽
  • 研發回顧
    • 專利申請趨勢（按國家和年份）
  • 監管狀況
  • 市場動態：概述
    • 市場促進因素
    • 市場限制因素
    • 市場機會

第2章 應用

  • 使用分類
  • 應用概述
  • 全球暖氣設備市場（按應用分類）
    • 目的

第3章 產品

  • 產品分類
  • 產品概要
  • 全球供熱設備市場（依產品類型）
    • 產品類別
  • 全球暖氣設備市場（按燃料類型）
    • 汽油種類

第4章 區域

  • 區域概況
  • 促進因素/抑制因素
  • 北美洲
  • 歐洲
  • 亞太地區
  • 其他地區

第5章市場：競爭基準化分析與公司概況

  • 下一個前沿
  • 地理評估
    • 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6章調查方法

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