According to our new research study on “Unit Heaters Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Installation, Application, Product Type, and Geography,” the market is projected to reach US$ 5,417.1 million by 2028 from US$ 3,740.3 million in 2021; it is expected to grow at a CAGR of 5.4% during the forecast period of 2021 to 2028.
Strategic Insights
|
Report Coverage |
Details |
|
Market Size Value in |
US$ 3,740.3 million in 2021 |
|
Market Size Value by |
US$ 5,417.1 million by 2028 |
|
Growth rate |
CAGR of 5.4% from 2021-2028 |
|
Forecast Period |
2021-2028 |
|
Base Year |
2021 |
|
No. of Pages |
155 |
|
No. Tables |
88 |
|
No. of Charts & Figures |
82 |
|
Historical data available |
Yes |
|
Segments covered |
Installation, Application |
|
Regional scope |
North America; Europe; Asia Pacific; Latin America; MEA |
|
Country scope |
US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina |
|
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Get Exclusive Sample Pages of Unit Heater Market at https://www.theinsightpartners.com/sample/TIPRE00025065/
A unit heater is a self-contained heating appliance that can run on a variety of energy sources. Hot water, steam, No. 2 fuel oil, propane, and natural gas are some of the energy sources that could be used. A heat exchanger, through which air from the heated room is blown, is usually included in the equipment. A blade fan or a squirrel cage fan can be used for this purpose. A squirrel cage fan has much higher airflows and blowing distances. Large spaces, such as workshops and engine rooms, are heated using unit heaters. Various factors contributing toward the market growth include the growing commercial sector across the globe, increasing demand for energy-efficient unit heaters, and rising integration of unit heaters with smart technologies.
The unit heater market is segmented based on installation, application, product type, and geography. Based on the installation, the market is segmented into the horizontal unit heater, vertical unit heater, and suspended unit heater. The horizontal unit heater segment held the largest share of the global unit heater market. Based on application, the unit heater market is segmented into commercial, industrial, and residential. The commercial segment held the largest market share. Based on product type, the unit heater market is segmented into gas-fired, hydronic, electric, and others.
Impact of COVID-19 Pandemic on Unit heaters Market
The COVID-19 outbreak has affected global supply chains and business revenues due to factory shutdowns, border closings, and trade bans across the globe. Thus, the outbreak is anticipated to have a negative impact on the growth rate of the global unit heater market and its ecosystem and players operating in this market.
Download the Latest COVID-19 Analysis on Unit Heater Market Growth Research Report at https://www.theinsightpartners.com/covid-analysis-sample/TIPRE00025065
A unit heater is a self-contained heating appliance that can run on a variety of energy sources. Hot water, steam, No. 2 fuel oil, propane, and natural gas are some of the energy sources that could be used. A heat exchanger, through which air from the heated room is blown, is usually included in the equipment. A blade fan or a squirrel cage fan can be used for this purpose. A squirrel cage fan has much higher airflows and blowing distances.
Application-Based Market Insights
Based on application, the unit heater market is segmented into commercial, industrial, and residential. The commercial segment led the unit heaters market in 2020. The expanding commercial sector and the increasing energy consumption are the factors boosting the adoption of unit heaters in this sector. The market will grow significantly due to a shift in focus toward energy-efficient commercial infrastructure and elevated demand for secure and safe heating units in commercial spaces.
Unit Heater Market: Competitive Landscape and Key Developments
Airtherm; Armstrong International Inc; Beacon Morris; Dunham-Bush Limited; KING ELECTRICAL MFG. CO; Kroll Energy GmbH; Reznor HVAC; Thermon Industries, Inc.; Trane; and Turbonics, Inc are among the key players in the global Unit Heater market. The leading companies focus on the expansion and diversification of their market presence, and acquisition of new customer base, thereby tapping prevailing business opportunities.
Order a Copy of Unit Heater Market Shares, Strategies and Forecasts 2021-2028 Research Report at https://www.theinsightpartners.com/buy/TIPRE00025065/
In 2021, Dunham-Bush signed a contract with the historic Bath Abbey to provide EC motors unit heaters and convector heaters.
In 2021, Trane established its new operation in Las Vegas. The company focuses on sales of its ventilating and air-conditioning (HVAC) systems, connected building solutions, heating, ventilating, and air-conditioning (HVAC) systems, and aftermarket parts. It is also planning to partner with technicians, engineers, civil contractors, and facility providers to offer heating solutions and increase its business.
Browse Related Reports of The Insight Partners and get a Sample copy
High Voltage Heater Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Type (Air Heater, Coolant Heater); Vehicle Technology (BEV, PHEV, HEV); Vehicle Type (Passenger Cars, LCV, HCV) and Geography – https://www.theinsightpartners.com/reports/high-voltage-heater-market
Tankless Water Heater Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Product Type (Electric, Gas); Application (Residential, Commercial) and Geography – https://www.theinsightpartners.com/reports/tankless-water-heater-market
Solar Water Heater Market Forecast to 2028 – Covid-19 Impact and Global Analysis – by Collector (Evacuated Tube Collectors, Flat Plate Collectors, Unglazed Water Collectors); System (Thermosiphons System, Pumped System); Application (Residential, Commercial, Industrial) and Geography – https://www.theinsightpartners.com/reports/solar-water-heater-market
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
Press Release: https://www.theinsightpartners.com/pr/unit-heater-market
Media Contact
Company Name: The Insight Partners
Contact Person: Sameer Joshi
Email: Send Email
Phone: +1-646-491-9876
City: Pune
State: Maharashtra
Country: India
Website: http://www.theinsightpartners.com/pr/precast-concrete-market