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市場調查報告書
商品編碼
1820424

2025 年至 2033 年暖氣設備市場規模、佔有率、趨勢及按產品、應用和地區分類的預測

Heating Equipment Market Size, Share, Trends and Forecast by Product, Application, and Region, 2025-2033
出版日期: | 出版商: IMARC | 英文 146 Pages | 商品交期: 2-3個工作天內

價格

2024年，全球暖氣設備市場規模達437.4億美元。展望未來， IMARC Group預測，到2033年，市場規模將達到632.8億美元，2025-2033年期間的複合年成長率為3.98%。歐洲目前佔據市場主導地位，2024年將佔據約40.0%的市場。住宅和商業建築活動增加，對節能設備的需求不斷成長，是市場成長的驅動力。此外，永續發展意識的增強和技術的進步正在推動市場成長。寒冷氣候下對高效供暖系統的需求以及政府對綠色能源實施的支持，進一步擴大了暖氣設備的市場佔有率。

市場驅動力在於對能源效率和環境永續性日益成長的重視。此外，持續的技術進步，例如整合智慧技術以增強控制，也正在刺激需求。此外，建築活動的增加，尤其是住宅和商業空間的建築活動，也促進了市場的擴張。此外，政府實施的支持性舉措，為節能系統提供激勵措施，進一步支持了市場的成長。根據一份產業報告，2023-24 年印度國民可支配總收入 (GNDI) 預計為 305.94 億印度盧比（約 36,712,800 萬美元），成長率為 11.9%。新興經濟體不斷膨脹的可支配收入正在鼓勵消費者投資現代暖氣解決方案，這是市場成長的重要催化劑。

在美國，由於轉向節能環保的暖氣系統，市場正在經歷顯著成長，這與國家永續發展目標一致。各地區氣候變幻莫測且寒冷，持續推動可靠暖氣系統的需求。例如，2024年1月中旬的寒流影響了美國南部地區和美國大部分地區。 1月14日至1月18日期間，除路易斯安那州外，所有州的182個站點報告了零度以下的氣溫。此類事件凸顯了對可靠暖氣解決方案日益成長的需求，進一步增強了市場對高效耐用系統的需求。此外，監管支援（例如節能裝置的稅收優惠）也是鼓勵採用先進暖氣技術的關鍵因素。

暖氣設備市場趨勢：

都市化和工業化進程加速

快速的城市化和工業化是推動市場發展的關鍵驅動力。根據世界衛生組織的報告，目前全球超過55%的人口居住在城市地區，到2050年這一比例可能會上升到68%。隨著城市的擴張和工業的發展，對高效可靠的暖氣產品的需求大幅成長。城市地區擁有高密度的住宅和商業區，需要高效率的暖氣設備來確保舒適和​​安全。這反過來又促進了供暖設備市場的成長。此外，工業製程也依賴熱量來進行生產和製造，因此需要重型暖氣設備。新興經濟體人口不斷向城市中心遷移進一步刺激了市場需求。此外，這些地區的工業成長需要大規模的供暖解決方案，這使得該領域成為供暖設備製造商的利潤豐厚的市場。

持續的技術進步

將再生能源融入暖氣系統是加速市場擴張的重要因素。同時，能源效率的提高、排放的減少以及供暖效率的提高是推動市場成長的主要驅動力。根據國際能源總署的數據，到2030年，熱泵可以減少全球至少5億噸二氧化碳排放量，大致相當於目前歐洲所有汽車的年排放量。各公司正致力於降低暖氣系統的能耗，進而降低成本和環境影響。此外，材料科學領域的不斷發展使得暖氣設備維護成本更低、使用壽命更長，這也進一步提升了暖氣設備的市場前景。此外，暖氣系統融入智慧技術，使其可遠端控制和自動化，也提高了系統的舒適度和效率。

節能意識不斷增強

節能意識的增強是推動市場擴張的重要因素。消費者和企業越來越意識到他們的能源使用及其對環境的影響。一份產業報告顯示，目前有 68% 的建築產品公司提供永續解決方案，其中近 90% 的公司從中獲利，這一比例將從 2020 年的 75% 穩步上升到 2022 年的 85%。這種意識促使人們轉向節能加熱解決方案，這可以大幅減少能源使用並降低水電費。世界各國政府都在實施鼓勵節能的政策和激勵措施，進一步增加了節能供暖系統的採用。此外，綠建築計劃和永續建築的成長也刺激了對符合綠色標準的暖氣設備的需求。因此，製造商面臨創新的壓力，需要提供能夠滿足不斷變化的消費者需求和監管要求的產品。

政府法規和舉措

根據暖氣設備市場研究報告，嚴格的政府法規和有利措施的實施極大地影響了市場成長。旨在降低溫室氣體排放和應對氣候變遷的政策正在鼓勵製造商開發更節能、更環保的暖氣系統。在歐盟，建築物消耗 40% 的能源。包括歐盟改造浪潮和更新的 2024 年建築能效指令在內的監管壓力旨在將改造率加倍，並要求到 2030 年所有新建建築實現淨零排放。各國政府正在對暖氣系統的能耗和排放實施更嚴格的標準，迫使企業創新和遵守規定。此外，退稅、補助金和補貼等採用綠色暖氣技術的激勵措施正在刺激市場成長。這些政府措施不僅支持環境永續性，而且推動暖氣設備產業的技術創新，迫使製造商投資研發 (R&D) 以滿足這些新要求和消費者需求。

目錄

第1章：前言

第2章：範圍與方法

  • 研究目標
  • 利害關係人
  • 資料來源
    • 主要來源
    • 二手資料
  • 市場評估
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第3章：執行摘要

第4章：簡介

第5章：全球暖氣設備市場

  • 市場概況
  • 市場表現
  • COVID-19的影響
  • 市場預測

第6章：市場區隔：依產品

  • 熱泵
  • 熔爐
  • 鍋爐
  • 單元加熱器
  • 其他

第7章：市場區隔：依應用

  • 住宅
  • 商業的
  • 工業的

第8章：市場區隔：依地區

  • 北美洲
    • 美國
    • 加拿大
  • 亞太
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲

第9章：SWOT分析

第 10 章：價值鏈分析

第 11 章：波特五力分析

第 12 章：價格分析

第 13 章：競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • Daikin Industries Ltd.
    • Emerson Electric Co.
    • Honeywell International Inc.
    • Johnson Controls
    • Lennox International Inc.
    • Mitsubishi Electric Corporation
    • Panasonic Corporation
    • Robert Bosch GmbH
    • Schneider Electric SE
    • Siemens AG
    • The Danfoss Group
Product Code: SR112025A3897

The global heating equipment market size was valued at USD 43.74 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 63.28 Billion by 2033, exhibiting a CAGR of 3.98% during 2025-2033. Europe currently dominates the market, holding a significant market share of around 40.0% in 2024. The market is driven by the increasing demand for energy-efficient equipment due to increased construction activity in residential and commercial sectors. Moreover, enhanced awareness regarding sustainability, combined with advancements in technology is driving market growth. Furthermore, the requirement for efficient heating systems in cold climates, and government support for green energy implementation is further augmenting heating equipment market share.

The market is driven by the growing emphasis on energy efficiency and environmental sustainability. Additionally, continual technological advancements, such as the integration of smart technologies for enhanced control, are fueling demand. Moreover, increased construction activities, particularly in residential and commercial spaces, are contributing to the market expansion. Besides this, the implementation of supportive government initiatives, offering incentives for energy-efficient systems, further supports market growth. According to an industry report, the Indian Gross National Disposable Income (GNDI) for the year 2023-24 is estimated at INR 305.94 Lakh Crore (about USD 36,712,800 Million), reflecting a growth of 11.9%. This inflating disposable income in emerging economies is encouraging consumers to invest in modern heating solutions, which is a significant growth catalyst for the market.

In the United States, the market is experiencing significant growth due to the shift toward energy-efficient and environmentally friendly heating systems, aligning with national sustainability goals. Unpredictable and colder climates across various regions consistently drive the demand for reliable heating systems. For example, in 2024, a cold snap in mid-January impacted much of the Southern Region and the United States. Snow, ice, and exceptionally low temperatures caused 182 stations in every state except Louisiana to report sub-zero temperatures between January 14th and January 18th. Events like these highlight the growing need for dependable heating solutions, reinforcing the market demand for efficient and durable systems. In addition to this, regulatory support, such as tax incentives for energy-efficient installations, is a critical factor in encouraging the adoption of advanced heating technologies.

Heating Equipment Market Trends:

Increasing Urbanization and Industrialization

Rapid urbanization and industrialization are the key drivers propelling the development of the market. As per the WHO reports, over 55% of the world's population is now based in urban locations, which is likely to increase to 68% by the year 2050. With expanding cities and developing industries, the demand for efficient and dependable heating products grows substantially. Urban locations, with their high-density residential and commercial areas, need efficient heating equipment for comfort and security. This, in turn, is providing a boost to heating equipment market growth. Additionally, industrial processes also depend on heat for production and manufacturing and thus require heavy-duty heating equipment. The ongoing migration of populations to urban centers in emerging economies further fuels market demand. Moreover, industrial growth in these regions requires large-scale heating solutions, making this sector a lucrative market for heating equipment manufacturers.

Continual Technological Advancements

The integration of renewable energy sources into heating systems is a significant factor accelerating market expansion. In line with this, advancements in energy efficiency, reduction of emissions, and efficiency in heating are major drivers facilitating the growth of the market. According to the IEA, heat pumps can reduce global CO2 emissions by at least 500 million tonnes by 2030, roughly equivalent to the current yearly emissions from all cars across Europe. Companies are concentrating on making heating systems use less energy, thus lowering costs and environmental impact. Apart from this, continual developments in the field of materials science are giving rise to heating equipment that is less maintenance-intensive and longer-lasting, which is further enhancing the heating equipment market outlook. Additionally, the inclusion of smart technology within heating systems to make them remote-control and automated-friendly is increasing the comfort and efficiency of these systems.

Growing Awareness of Energy Conservation

The increasing awareness regarding energy conservation is an important factor fueling the market expansion. Consumers and businesses are becoming more conscious of their energy usage and its impact on the environment. An industry report shows 68% of building products companies now offer sustainable solutions, with nearly 90% generating revenue from them, a steady rise from 75% in 2020 to 85% in 2022. This awareness prompts a move toward energy-efficient heating solutions, which can dramatically reduce energy usage and lower utility expenses. Governments globally are enforcing policies and incentives to encourage energy conservation, further increasing the adoption of energy-efficient heating systems. Also, the growth of green building initiatives and sustainable construction is fueling the need for heating equipment that complies with green standards. With this, manufacturers are pressured to innovate and supply products that address these changing consumer needs and changing regulation demands.

Government Regulations and Initiatives

As per the heating equipment market research report, stringent government regulations and the implementation of favorable initiatives heavily influence the market growth. Policies aiming at lowering greenhouse gas emissions and addressing climate change are encouraging manufacturers to develop more energy-efficient and environmentally friendly heating systems. In the EU, buildings consume 40% of energy. Regulatory pressure, including the EU Renovation Wave and the updated 2024 Energy Performance OF Buildings Directive, aims to double renovation rates and mandates all new buildings to be net zero by 2030. Governments are enforcing stricter standards on energy consumption and emissions for heating systems, compelling companies to innovate and comply. Additionally, incentives such as tax rebates, grants, and subsidies for the adoption of green heating technologies are stimulating market growth. These government measures not only support environmental sustainability but also push technological innovation in the heating equipment industry, compelling manufacturers to invest in research and development (R&D) to comply with these new requirements and consumer demands.

Heating Equipment Industry Segmentation:

Analysis by Product:

  • Heat Pumps
  • Furnaces
  • Boilers
  • Unitary Heaters
  • Others

Heat pumps lead the market with around 70.8% of market share in 2024. The segment is driven by the increasing emphasis on energy efficiency and environmental sustainability. Heat pumps are popular due to their capacity to offer heating and cooling while using less energy than traditional systems. Heat pumps, unlike traditional heating systems that use fossil fuels, transfer heat from external sources such air, water, or ground. This reduces greenhouse gas emissions and operational expenses. Increased concern regarding minimizing carbon footprints and increased energy costs is also adding to their popularity. Along with this, ongoing improvements in heat pump technology, including the use of smart controls and enhanced cold climate performance, are also fueling their growth in residential as well as commercial applications.

Analysis by Application:

  • Residential
  • Commercial
  • Industrial

Residential leads the market with around 69.7% of market share in 2024. The segment is driven by the rising demand for convenient living conditions, particularly in areas with harsh weather conditions. Homeowners are looking for efficient, cost-saving, and eco-friendly heating systems. Hence, there is growth in the use of advanced heating systems such as smart thermostats and energy-efficient boilers. The increasing activity in residential building works, combined with heightened consumer concern regarding energy efficiency and a preference for eco-friendliness, also drives this segment further. Additionally, the inclusion of smart technology and IoT devices in residential heating enables users to control and monitor heating remotely, enhancing energy management and minimizing operational expenditure. Besides that, government schemes to install efficient heating systems within houses play a major role in the market situation in this market.

Regional Analysis:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

In 2024, Europe accounted for the largest market share of over 40.0%. The growing need for energy-efficient technology, strict EU legislation on emissions and energy consumption, and requirements for upgrading outdated infrastructure are key factors accelerating market expansion across the region. The cold climate in Europe requires effective heating, resulting in the uptake of sophisticated technologies such as heat pumps. Also, the push for digitalization in domestic settings, via smart thermostats and IoT-supported systems, is further increasing system popularity. Moreover, the emphasis on green building and sustainability in the region also enhances the market, pushing the transition toward renewable energy-based heating solutions. The ability of Europe to maintain a high standard of living also drives the demand for efficient, comfortable, and innovative heating solutions, placing it at the forefront of the market for top-quality, green-friendly products.

Key Regional Takeaways:

United States Heating Equipment Market Analysis

In 2024, the United States holds a substantial share of around 83.20% of the market share in North America. The market is primarily driven by the rapid implementation of strict energy standards, driving upgrades to high-performance systems in residential and commercial buildings. In line with this, the growing adoption of smart home ecosystems integrating intelligent heating controls is supporting market growth. According to an industry report, 45% of U.S. households with internet access own at least one smart home device, while 18% have six or more such devices. Furthermore, rising urban development in colder states, elevating demand for space and water heating solutions, is strengthening market demand. The increasing availability of federal and state tax credits for ENERGY STAR-rated equipment, encouraging faster adoption, is fostering market expansion. The IRS's Energy Efficient Home Improvement Credit offers homeowners up to USD 3,200 annually through 2032 for energy-efficient home improvements, including USD 2,000 for heat pumps and USD 150 for energy audits. Similarly, the growing need for retrofitting and system replacement in aging infrastructure, reflecting aging building stock, is influencing purchasing behavior. Additionally, ongoing innovations in dual-fuel and hybrid systems promoting energy flexibility and cost savings are accelerating product penetration. Moreover, expanding district heating infrastructure across urban centers, supporting large-scale deployment, is shaping the heating equipment market trends.

Europe Heating Equipment Market Analysis

The market in Europe is experiencing growth due to the region's decarbonization agenda accelerating the transition toward low-emission technologies. In accordance with this, rising residential heat pump installations supported by government subsidies are widening the market appeal. According to EHPA, in 2023, 3.02 million heat pumps were sold across 21 European nations, bringing the total to 24 million units. The sector includes over 250 manufacturing sites, represents EUR 7 billion in investment (2022-2025), and offsets emissions equal to removing 7.5 million cars. Similarly, the expanding electrification of heating systems in tandem with renewable integration is reshaping equipment demand across residential and commercial sectors. Furthermore, increasing winter variability, reinforcing the need for resilient, efficient heating infrastructure, is fueling market expansion. Additionally, supportive cross-border energy efficiency programs under EU frameworks promoting standardized technology adoption are enhancing regional alignment. Likewise, the rise in building renovation projects targeting energy upgrades across aging housing stock is bolstering demand for modern heating equipment. Besides this, heightened consumer focus on lifecycle emissions, encouraging the adoption of sustainable heating solutions, is creating favorable market conditions.

Asia Pacific Heating Equipment Market Analysis

The market in Asia Pacific is advancing, attributed to rapid urbanization and infrastructure growth across emerging economies. In addition to this, inflating disposable incomes and a growing middle class are increasing demand for comfort-driven appliances, which is encouraging higher product adoption. Similarly, the heightened emphasis on energy efficiency in densely populated cities, with heating equipment supporting sustainable space management, is enhancing market appeal. The growing integration of HVAC systems in commercial and industrial buildings, streamlining heating solutions, is driving market development. Moreover, supportive policy incentives promoting clean energy transitions, encouraging adoption of low-emission heating technologies, are escalating product penetration. Apart from this, increased regional commitment to global climate targets, pushing investment in eco-friendly heating solutions, is providing an impetus to the market. As such, in 2024, the World Bank authorized a USD 300 Million loan to aid renewable and low-carbon heating in China's Shaanxi province, aiming to reduce emissions, implement pricing reforms, and advance China's carbon neutrality goals by 2060.

Latin America Heating Equipment Market Analysis

In Latin America, the market is gaining momentum due to increasing demand in high-altitude cities, where colder climates necessitate efficient indoor heating solutions. Similarly, rising investments in tourism and hospitality infrastructure across cooler regions are fueling market development. In January 2025, Argentina's Ministry of Tourism, Environment, and Sport announced plans to open 70 new hotels across the country by the end of 2026. Furthermore, heightened awareness of energy efficiency and the cost advantages of advanced technologies encouraging the transition from conventional heating methods, is propelling market growth. Moreover, government-led rural electrification initiatives expanding access to reliable heating solutions in underserved communities are broadening market scope across residential and institutional applications. The World Bank approved a USD 200 Million loan for Bahia's infrastructure program, aiming to install 43 MW of solar on 161 public buildings, and improve electricity access for 30,000 rural customers by 2027.

Middle East and Africa Heating Equipment Market Analysis

The market in the Middle East and Africa is experiencing growth influenced by increasing demand in high-altitude and desert regions requiring efficient indoor climate control. Furthermore, ongoing smart city initiatives and energy-efficient building projects integrating advanced HVAC systems are accelerating product uptake across urban developments. According to Emirates Green Building Council (EGBC), energy-efficient buildings in the UAE can reduce energy use by 20-30%, with the Dubai Electricity and Water Authority (DEWA) projecting annual savings of up to AED 4 Billion (abut USD 1.09 Billion) by 2030 for green-compliant properties. Additionally, rising investments in healthcare and education infrastructure across nations like Saudi Arabia, the UAE, and South Africa are augmenting heating system installations in institutional settings. Besides this, the expansion of industrial operations in sectors such as mining and manufacturing necessitating temperature-regulated environments, is positively influencing the market.

Competitive Landscape:

The major players in the market are actively engaging in various strategic activities to consolidate their market position and address the changing demands of the industry. They are investing significantly in research and development (R&D) to innovate and deliver more energy-efficient, eco-friendly, and technologically sophisticated heating solutions. These firms are also looking to broaden their product offerings to meet a wide variety of applications, ranging from residential to industrial requirements. Strategic alliances, mergers, and acquisitions are prevalent, enabling these players to take advantage of synergies, increase their global presence, and strengthen their market position. As per the heating equipment market forecast, the incorporation of smart technology and IoT features in products will be able to drive market need by providing consumers with sophisticated features like remote monitoring and control. Aside from this, firms are engaged in establishing long-term customer relations, focusing on customer service and post-sales support. Sustainability and compliance with regulatory requirements are also top priorities, as leading players in the industry align their operations with international environmental objectives and regulations.

The report provides a comprehensive analysis of the competitive landscape in the heating equipment market with detailed profiles of all major companies, including

  • Daikin Industries Ltd.
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Johnson Controls
  • Lennox International Inc.
  • Mitsubishi Electric Corporation
  • Panasonic Corporation
  • Robert Bosch GmbH
  • Schneider Electric SE
  • Siemens AG
  • The Danfoss Group

Key Questions Answered in This Report

  • 1.How big is the heating equipment market?
  • 2.What is the future outlook of the heating equipment market?
  • 3.What are the key factors driving the heating equipment market?
  • 4.Which region accounts for the largest heating equipment market?
  • 5.Which are the leading companies in the global heating equipment market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Heating Equipment Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Product

  • 6.1 Heat Pumps
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Furnaces
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Boilers
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Unitary Heaters
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Others
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast

7 Market Breakup by Application

  • 7.1 Residential
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Commercial
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Industrial
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by Region

  • 8.1 North America
    • 8.1.1 United States
      • 8.1.1.1 Market Trends
      • 8.1.1.2 Market Forecast
    • 8.1.2 Canada
      • 8.1.2.1 Market Trends
      • 8.1.2.2 Market Forecast
  • 8.2 Asia-Pacific
    • 8.2.1 China
      • 8.2.1.1 Market Trends
      • 8.2.1.2 Market Forecast
    • 8.2.2 Japan
      • 8.2.2.1 Market Trends
      • 8.2.2.2 Market Forecast
    • 8.2.3 India
      • 8.2.3.1 Market Trends
      • 8.2.3.2 Market Forecast
    • 8.2.4 South Korea
      • 8.2.4.1 Market Trends
      • 8.2.4.2 Market Forecast
    • 8.2.5 Australia
      • 8.2.5.1 Market Trends
      • 8.2.5.2 Market Forecast
    • 8.2.6 Indonesia
      • 8.2.6.1 Market Trends
      • 8.2.6.2 Market Forecast
    • 8.2.7 Others
      • 8.2.7.1 Market Trends
      • 8.2.7.2 Market Forecast
  • 8.3 Europe
    • 8.3.1 Germany
      • 8.3.1.1 Market Trends
      • 8.3.1.2 Market Forecast
    • 8.3.2 France
      • 8.3.2.1 Market Trends
      • 8.3.2.2 Market Forecast
    • 8.3.3 United Kingdom
      • 8.3.3.1 Market Trends
      • 8.3.3.2 Market Forecast
    • 8.3.4 Italy
      • 8.3.4.1 Market Trends
      • 8.3.4.2 Market Forecast
    • 8.3.5 Spain
      • 8.3.5.1 Market Trends
      • 8.3.5.2 Market Forecast
    • 8.3.6 Russia
      • 8.3.6.1 Market Trends
      • 8.3.6.2 Market Forecast
    • 8.3.7 Others
      • 8.3.7.1 Market Trends
      • 8.3.7.2 Market Forecast
  • 8.4 Latin America
    • 8.4.1 Brazil
      • 8.4.1.1 Market Trends
      • 8.4.1.2 Market Forecast
    • 8.4.2 Mexico
      • 8.4.2.1 Market Trends
      • 8.4.2.2 Market Forecast
    • 8.4.3 Others
      • 8.4.3.1 Market Trends
      • 8.4.3.2 Market Forecast
  • 8.5 Middle East and Africa
    • 8.5.1 Market Trends
    • 8.5.2 Market Breakup by Country
    • 8.5.3 Market Forecast

9 SWOT Analysis

  • 9.1 Overview
  • 9.2 Strengths
  • 9.3 Weaknesses
  • 9.4 Opportunities
  • 9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

  • 11.1 Overview
  • 11.2 Bargaining Power of Buyers
  • 11.3 Bargaining Power of Suppliers
  • 11.4 Degree of Competition
  • 11.5 Threat of New Entrants
  • 11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

  • 13.1 Market Structure
  • 13.2 Key Players
  • 13.3 Profiles of Key Players
    • 13.3.1 Daikin Industries Ltd.
      • 13.3.1.1 Company Overview
      • 13.3.1.2 Product Portfolio
      • 13.3.1.3 Financials
      • 13.3.1.4 SWOT Analysis
    • 13.3.2 Emerson Electric Co.
      • 13.3.2.1 Company Overview
      • 13.3.2.2 Product Portfolio
      • 13.3.2.3 Financials
      • 13.3.2.4 SWOT Analysis
    • 13.3.3 Honeywell International Inc.
      • 13.3.3.1 Company Overview
      • 13.3.3.2 Product Portfolio
      • 13.3.3.3 Financials
      • 13.3.3.4 SWOT Analysis
    • 13.3.4 Johnson Controls
      • 13.3.4.1 Company Overview
      • 13.3.4.2 Product Portfolio
      • 13.3.4.3 Financials
      • 13.3.4.4 SWOT Analysis
    • 13.3.5 Lennox International Inc.
      • 13.3.5.1 Company Overview
      • 13.3.5.2 Product Portfolio
      • 13.3.5.3 Financials
      • 13.3.5.4 SWOT Analysis
    • 13.3.6 Mitsubishi Electric Corporation
      • 13.3.6.1 Company Overview
      • 13.3.6.2 Product Portfolio
      • 13.3.6.3 Financials
      • 13.3.6.4 SWOT Analysis
    • 13.3.7 Panasonic Corporation
      • 13.3.7.1 Company Overview
      • 13.3.7.2 Product Portfolio
    • 13.3.8 Robert Bosch GmbH
      • 13.3.8.1 Company Overview
      • 13.3.8.2 Product Portfolio
      • 13.3.8.3 SWOT Analysis
    • 13.3.9 Schneider Electric SE
      • 13.3.9.1 Company Overview
      • 13.3.9.2 Product Portfolio
      • 13.3.9.3 Financials
      • 13.3.9.4 SWOT Analysis
    • 13.3.10 Siemens AG
      • 13.3.10.1 Company Overview
      • 13.3.10.2 Product Portfolio
      • 13.3.10.3 Financials
      • 13.3.10.4 SWOT Analysis
    • 13.3.11 The Danfoss Group
      • 13.3.11.1 Company Overview
      • 13.3.11.2 Product Portfolio
      • 13.3.11.3 SWOT Analysis

List of Figures

  • Figure 1: Global: Heating Equipment Market: Major Drivers and Challenges
  • Figure 2: Global: Heating Equipment Market: Sales Value (in Billion USD), 2019-2024
  • Figure 3: Global: Heating Equipment Market Forecast: Sales Value (in Billion USD), 2025-2033
  • Figure 4: Global: Heating Equipment Market: Breakup by Product (in %), 2024
  • Figure 5: Global: Heating Equipment Market: Breakup by Application (in %), 2024
  • Figure 6: Global: Heating Equipment Market: Breakup by Region (in %), 2024
  • Figure 7: Global: Heating Equipment (Heat Pumps) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 8: Global: Heating Equipment (Heat Pumps) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 9: Global: Heating Equipment (Furnaces) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 10: Global: Heating Equipment (Furnaces) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 11: Global: Heating Equipment (Boilers) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 12: Global: Heating Equipment (Boilers) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 13: Global: Heating Equipment (Unitary Heaters) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 14: Global: Heating Equipment (Unitary Heaters) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 15: Global: Heating Equipment (Other Products) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 16: Global: Heating Equipment (Other Products) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 17: Global: Heating Equipment (Residential) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 18: Global: Heating Equipment (Residential) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 19: Global: Heating Equipment (Commercial) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 20: Global: Heating Equipment (Commercial) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 21: Global: Heating Equipment (Industrial) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 22: Global: Heating Equipment (Industrial) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 23: North America: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 24: North America: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 25: United States: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 26: United States: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 27: Canada: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 28: Canada: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 29: Asia-Pacific: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 30: Asia-Pacific: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 31: China: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 32: China: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 33: Japan: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 34: Japan: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 35: India: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 36: India: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 37: South Korea: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 38: South Korea: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 39: Australia: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 40: Australia: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 41: Indonesia: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 42: Indonesia: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 43: Others: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 44: Others: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 45: Europe: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 46: Europe: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 47: Germany: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 48: Germany: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 49: France: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 50: France: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 51: United Kingdom: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 52: United Kingdom: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 53: Italy: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 54: Italy: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 55: Spain: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 56: Spain: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 57: Russia: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 58: Russia: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 59: Others: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 60: Others: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 61: Latin America: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 62: Latin America: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 63: Brazil: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 64: Brazil: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 65: Mexico: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 66: Mexico: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 67: Others: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 68: Others: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 69: Middle East and Africa: Heating Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 70: Middle East and Africa: Heating Equipment Market: Breakup by Country (in %), 2024
  • Figure 71: Middle East and Africa: Heating Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 72: Global: Heating Equipment Industry: SWOT Analysis
  • Figure 73: Global: Heating Equipment Industry: Value Chain Analysis
  • Figure 74: Global: Heating Equipment Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Heating Equipment Market: Key Industry Highlights, 2024 and 2033
  • Table 2: Global: Heating Equipment Market Forecast: Breakup by Product (in Million USD), 2025-2033
  • Table 3: Global: Heating Equipment Market Forecast: Breakup by Application (in Million USD), 2025-2033
  • Table 4: Global: Heating Equipment Market Forecast: Breakup by Region (in Million USD), 2025-2033
  • Table 5: Global: Heating Equipment Market: Competitive Structure
  • Table 6: Global: Heating Equipment Market: Key Players