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Heating Equipment Market Research Report by Product (Boilers, Furnaces, and Heat Pumps), by Application (Commercial, Industrial, and Residential), by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2026 - Cumulative Impact of COVID-19

  • ID: 4904522
  • Report
  • July 2021
  • Region: Global
  • 184 pages
  • 360iResearch™
UP TO OFF
until Sep 30th 2021
The Global Heating Equipment Market will Grow to USD 51.94 Billion by 2026, at a CAGR of 6.22%

FEATURED COMPANIES

  • Daikin Industries, Ltd.
  • Danfoss
  • Emerson Electric
  • Ingersoll-Rand Plc
  • Johnson Controls Inc.
  • Lennox International Inc.
The Global Heating Equipment Market size was estimated at USD 36.15 Billion in 2020 and expected to reach USD 38.28 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 6.22% to reach USD 51.94 Billion by 2026.



Market Statistics:


The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.

Market Segmentation & Coverage:


This research report categorizes the Heating Equipment to forecast the revenues and analyze the trends in each of the following sub-markets:
  • Based on Product, the Heating Equipment Market was studied across Boilers, Furnaces, Heat Pumps, and Unitary Heaters.
  • Based on Application, the Heating Equipment Market was studied across Commercial, Industrial, and Residential.
  • Based on Region, the Heating Equipment Market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Cumulative Impact of COVID-19:


COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:


The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:


The FPNV Positioning Matrix evaluates and categorizes the vendors in the Heating Equipment Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:


The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Company Usability Profiles:


The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Heating Equipment Market, including Daikin Industries, Ltd., Danfoss, Emerson Electric, Honeywell International Inc., Ingersoll-Rand Plc, Johnson Controls Inc., Lennox International Inc., Robert Bosch GmbH, United Technologies Corporation, and Uponor Corporation.

The report provides insights on the following pointers:


1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:


1. What is the market size and forecast of the Global Heating Equipment Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Heating Equipment Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Heating Equipment Market?
4. What is the competitive strategic window for opportunities in the Global Heating Equipment Market?
5. What are the technology trends and regulatory frameworks in the Global Heating Equipment Market?
6. What is the market share of the leading vendors in the Global Heating Equipment Market?
7. What modes and strategic moves are considered suitable for entering the Global Heating Equipment Market?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Daikin Industries, Ltd.
  • Danfoss
  • Emerson Electric
  • Ingersoll-Rand Plc
  • Johnson Controls Inc.
  • Lennox International Inc.
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary
3.1. Introduction
3.2. Market Outlook
3.3. Product Outlook
3.4. Application Outlook
3.5. Region Outlook
3.6. Competitor Outlook

4. Market Overview
4.1. Introduction
4.2. Cumulative Impact of COVID-19

5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Lower costs compared to boilers and furnaces
5.1.1.2. Increasing demand in oil & gas, chemical and food & beverages sector
5.1.1.3. Rise in the demand for residential and commercial heating system
5.1.2. Restraints
5.1.2.1. High cost of installation
5.1.3. Opportunities
5.1.3.1. Development of high efficiency solutions of heating equipment
5.1.3.2. Advances in renewable sources such as solar heating equipment
5.1.4. Challenges
5.1.4.1. Environmental pollution due to heating equipment
5.2. Porters Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Customers
5.2.4. Bargaining Power of Suppliers
5.2.5. Industry Rivalry

6. Heating Equipment Market, by Product
6.1. Introduction
6.2. Boilers
6.3. Furnaces
6.4. Heat Pumps
6.5. Unitary Heaters

7. Heating Equipment Market, by Application
7.1. Introduction
7.2. Commercial
7.3. Industrial
7.4. Residential

8. Americas Heating Equipment Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Heating Equipment Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Thailand

10. Europe, Middle East & Africa Heating Equipment Market
10.1. Introduction
10.2. France
10.3. Germany
10.4. Italy
10.5. Netherlands
10.6. Qatar
10.7. Russia
10.8. Saudi Arabia
10.9. South Africa
10.10. Spain
10.11. United Arab Emirates
10.12. United Kingdom

11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.1.1. Quadrants
11.1.2. Business Strategy
11.1.3. Product Satisfaction
11.2. Market Ranking Analysis
11.3. Market Share Analysis, By Key Player
11.4. Competitive Scenario
11.4.1. Merger & Acquisition
11.4.2. Agreement, Collaboration, & Partnership
11.4.3. New Product Launch & Enhancement
11.4.4. Investment & Funding
11.4.5. Award, Recognition, & Expansion

12. Company Usability Profiles
12.1. Daikin Industries, Ltd.
12.2. Danfoss
12.3. Emerson Electric
12.4. Honeywell International Inc.
12.5. Ingersoll-Rand Plc
12.6. Johnson Controls Inc.
12.7. Lennox International Inc.
12.8. Robert Bosch GmbH
12.9. United Technologies Corporation
12.10. Uponor Corporation

13. Appendix
13.1. Discussion Guide
13.2. License & Pricing

List of Figures
FIGURE 1. GLOBAL HEATING EQUIPMENT MARKET SIZE, 2020 VS 2026 (USD BILLION)
FIGURE 2. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY PRODUCT, 2020 (USD BILLION)
FIGURE 3. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY APPLICATION, 2020 (USD BILLION)
FIGURE 4. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY REGION, 2020 (USD BILLION)
FIGURE 5. GLOBAL HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 6. GLOBAL HEATING EQUIPMENT MARKET: MARKET DYNAMICS
FIGURE 7. GLOBAL HEATING EQUIPMENT MARKET: PORTERS FIVE FORCES ANALYSIS
FIGURE 8. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY PRODUCT, 2020 VS 2026 (%)
FIGURE 9. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY PRODUCT, 2020 VS 2026 (USD BILLION)
FIGURE 10. COMPETITIVE STRATEGIC WINDOW FOR GLOBAL HEATING EQUIPMENT MARKET SIZE, BY PRODUCT, 2026
FIGURE 11. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY BOILERS, 2018-2026 (USD BILLION)
FIGURE 12. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY BOILERS, BY REGION, 2020 VS 2026 (USD BILLION)
FIGURE 13. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY FURNACES, 2018-2026 (USD BILLION)
FIGURE 14. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY FURNACES, BY REGION, 2020 VS 2026 (USD BILLION)
FIGURE 15. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY HEAT PUMPS, 2018-2026 (USD BILLION)
FIGURE 16. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY HEAT PUMPS, BY REGION, 2020 VS 2026 (USD BILLION)
FIGURE 17. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY UNITARY HEATERS, 2018-2026 (USD BILLION)
FIGURE 18. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY UNITARY HEATERS, BY REGION, 2020 VS 2026 (USD BILLION)
FIGURE 19. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY APPLICATION, 2020 VS 2026 (%)
FIGURE 20. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY APPLICATION, 2020 VS 2026 (USD BILLION)
FIGURE 21. COMPETITIVE STRATEGIC WINDOW FOR GLOBAL HEATING EQUIPMENT MARKET SIZE, BY APPLICATION, 2026
FIGURE 22. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY COMMERCIAL, 2018-2026 (USD BILLION)
FIGURE 23. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY COMMERCIAL, BY REGION, 2020 VS 2026 (USD BILLION)
FIGURE 24. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY INDUSTRIAL, 2018-2026 (USD BILLION)
FIGURE 25. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY INDUSTRIAL, BY REGION, 2020 VS 2026 (USD BILLION)
FIGURE 26. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY RESIDENTIAL, 2018-2026 (USD BILLION)
FIGURE 27. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY RESIDENTIAL, BY REGION, 2020 VS 2026 (USD BILLION)
FIGURE 28. AMERICAS HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 29. ARGENTINA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 30. BRAZIL HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 31. CANADA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 32. MEXICO HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 33. UNITED STATES HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 34. ASIA-PACIFIC HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 35. AUSTRALIA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 36. CHINA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 37. INDIA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 38. INDONESIA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 39. JAPAN HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 40. MALAYSIA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 41. PHILIPPINES HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 42. SINGAPORE HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 43. SOUTH KOREA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 44. THAILAND HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 45. EUROPE, MIDDLE EAST & AFRICA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 46. FRANCE HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 47. GERMANY HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 48. ITALY HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 49. NETHERLANDS HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 50. QATAR HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 51. RUSSIA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 52. SAUDI ARABIA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 53. SOUTH AFRICA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 54. SPAIN HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 55. UNITED ARAB EMIRATES HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 56. UNITED KINGDOM HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 57. GLOBAL HEATING EQUIPMENT MARKET: FPNV POSITIONING MATRIX
FIGURE 58. GLOBAL HEATING EQUIPMENT MARKET: SHARE, BY KEY PLAYER, 2020
FIGURE 59. COMPETITIVE SCENARIO ANALYSIS IN GLOBAL HEATING EQUIPMENT MARKET, BY TYPE

List of Tables
TABLE 1. GLOBAL HEATING EQUIPMENT MARKET: MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2016–2020
TABLE 3. GLOBAL HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 4. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY PRODUCT, 2018-2026 (USD BILLION)
TABLE 5. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY BOILERS, BY REGION, 2018-2026 (USD BILLION)
TABLE 6. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY FURNACES, BY REGION, 2018-2026 (USD BILLION)
TABLE 7. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY HEAT PUMPS, BY REGION, 2018-2026 (USD BILLION)
TABLE 8. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY UNITARY HEATERS, BY REGION, 2018-2026 (USD BILLION)
TABLE 9. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD BILLION)
TABLE 10. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY COMMERCIAL, BY REGION, 2018-2026 (USD BILLION)
TABLE 11. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY INDUSTRIAL, BY REGION, 2018-2026 (USD BILLION)
TABLE 12. GLOBAL HEATING EQUIPMENT MARKET SIZE, BY RESIDENTIAL, BY REGION, 2018-2026 (USD BILLION)
TABLE 13. AMERICAS HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 14. ARGENTINA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 15. BRAZIL HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 16. CANADA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 17. MEXICO HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 18. UNITED STATES HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 19. ASIA-PACIFIC HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 20. AUSTRALIA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 21. CHINA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 22. INDIA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 23. INDONESIA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 24. JAPAN HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 25. MALAYSIA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 26. PHILIPPINES HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 27. SINGAPORE HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 28. SOUTH KOREA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 29. THAILAND HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 30. EUROPE, MIDDLE EAST & AFRICA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 31. FRANCE HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 32. GERMANY HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 33. ITALY HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 34. NETHERLANDS HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 35. QATAR HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 36. RUSSIA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 37. SAUDI ARABIA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 38. SOUTH AFRICA HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 39. SPAIN HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 40. UNITED ARAB EMIRATES HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 41. UNITED KINGDOM HEATING EQUIPMENT MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 42. GLOBAL HEATING EQUIPMENT MARKET: SCORES
TABLE 43. GLOBAL HEATING EQUIPMENT MARKET: BUSINESS STRATEGY
TABLE 44. GLOBAL HEATING EQUIPMENT MARKET: PRODUCT SATISFACTION
TABLE 45. GLOBAL HEATING EQUIPMENT MARKET: RANKING
TABLE 46. GLOBAL HEATING EQUIPMENT MARKET: SHARE, BY KEY PLAYER, 2020
TABLE 47. GLOBAL HEATING EQUIPMENT MARKET: MERGER & ACQUISITION
TABLE 48. GLOBAL HEATING EQUIPMENT MARKET: AGREEMENT, COLLABORATION, & PARTNERSHIP
TABLE 49. GLOBAL HEATING EQUIPMENT MARKET: NEW PRODUCT LAUNCH & ENHANCEMENT
TABLE 50. GLOBAL HEATING EQUIPMENT MARKET: INVESTMENT & FUNDING
TABLE 51. GLOBAL HEATING EQUIPMENT MARKET: AWARD, RECOGNITION, & EXPANSION
TABLE 52. GLOBAL HEATING EQUIPMENT MARKET: LICENSE & PRICING
Note: Product cover images may vary from those shown
  • Daikin Industries, Ltd.
  • Danfoss
  • Emerson Electric
  • Honeywell International Inc.
  • Ingersoll-Rand Plc
  • Johnson Controls Inc.
  • Lennox International Inc.
  • Robert Bosch GmbH
  • United Technologies Corporation
  • Uponor Corporation
Note: Product cover images may vary from those shown

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