PUBLISHER: Arizton Advisory & Intelligence | PRODUCT CODE: 1218340
PUBLISHER: Arizton Advisory & Intelligence | PRODUCT CODE: 1218340
U.S. Residential Heating Market- Industry Outlook and Forecast 2023-2028
The U.S. residential heating system market is expected to grow at a CAGR of 4.39% during 2022-2028.
MARKET TRENDS & DRIVERS
Emergence Of Smart Heating Systems with IoT Technology
Many organization officials expect smart heating systems to take the most significant edge out of their electricity expenses. Smart IoT heating options provide a method to optimize energy consumption without any interruption in consumer service. IoT has the advantage of impacting heating systems through its smart technologies, which allow manufacturers to increase productivity and optimize assets. Innovations in heating technology are currently in the growing stage. IoT in heating comes under the parallels of infrastructure IoT and consumer, which helps for greater flexibility and smart controls for consumers. Hence, modern technology expects to propel the demand for smart heating systems in the U.S. residential heating system market during the forecast period.
Rising Demand for Geothermal Heating Systems
Geothermal heating systems that tap into the consistency of ground temperatures six feet below the surface are an extension of a domestic unearthing trend occurring across the United States. The energy-intensive heating industry is undergoing a transition as the supply of fossil fuels depletes rapidly. These traditional energy sources are increasingly falling out of favor due to climate change, pollution, energy security reasons, and high costs. Heating accounts for a lot of electricity consumption. The geothermal heating system offers economical water heating facilities. Usually, energy costs for heating water are high. The high water heating cost can be decreased by up to 65 % with geothermal heat pump systems. Therefore, the demand for geothermal heating systems is expected to grow in the U.S. residential heating system market in the upcoming years.
SEGMENTATION INSIGHTS
INSIGHTS BY EQUIPMENT TYPE
The heat pump equipment market in the U.S. was valued at USD 4.87 billion in 2022. Heating pumps have been one of the most critical heating systems. They are mainly used in cold regions as their primary function is heating. However, heat pumps are also used for cooling by reversing the direction of heat flow. The demand for heat pumps mostly ensues from efficiency since their output is four times the amount of energy they consume. Heat pumps are a steady revenue generator for the industry and have witnessed high growth and constant innovation.
Segmentation by Heating Equipment
- Heat Pump
- Boiler Unit
- Furnace
- VRF
- Others
INSIGHTS BY APPLICATION TYPE
The single-family housing segment was valued at USD 7.92 billion in 2022. The single-family houses enjoy a larger industry share. Furthermore, the operational energy cost is higher for single-family houses than for multi-family houses. Various heating systems for single-family houses can be classified based on different parameters, such as heat-carrying medium, energy sources, and the heat-transmitting process. Over the past two-three years, disposable incomes and savings of consumers have increased, driving improvements in residential projects, particularly in the Midwest. The increasing number of skyscrapers and high-story residential construction projects in rapidly growing states like Florida, California, and New York also boosted industry growth.
Segmentation by End-User
- Single-Family Housing
- Multi-family Dwelling
INSIGHTS BY DISTRIBUTION CHANNEL
The offline distribution channel dominated the U.S. residential heating system market, accounting for a revenue share of 62.42%, and is expected to witness an incremental growth of USD 1.76 billion during the forecast period. Factors such as the broader reach in areas that lack better connectivity and high consumer trust associated with personally experiencing the quality of products are driving the growth of this segment.
Although the online channel holds a relatively lower U.S. residential heating system market share, it is expected to grow at a higher CAGR of 5.11% (by value) during the forecast period. The proliferation of e-commerce and raising awareness of the benefits of online purchases, such as heavy discounts, occasional offers, and rising demand for convenience, is driving the growth of the online segment.
Segmentation by Distribution Channel
- Online
- Offline
REGIONAL ANALYSIS
In 2022, the Southern region accounted for a revenue share of 34.27% and was the leader in the U.S. residential heating system market. The high share is attributed to the concentration of a large population base compared to other regions in the country. The presence of many household units across the region leads to high demand for space heating technology from the residential sector, thereby supporting market growth.
The residential heating system market in the western U.S. was valued at USD 2.8 billion in 2022. The western region of the U.S. includes major states such as Colorado, Wyoming, Montana, Idaho, Washington, Oregon, Utah, Nevada, California, Alaska, and Hawaii. Moreover, according to the US Bureau of Economic Analysis, from Q2-Q3 2021, Colorado and Utah witnessed the highest increase in personal income of around 5.9% and 5.7%, respectively, in the western region. Hence, such income growth is expected to shift consumer interest from conventional to space heating technology, thereby boosting the demand for heat pumps and boilers in the U.S. residential heating system market during the forecast period.
Segmentation by Region
- The U.S.
- South
- West
- Midwest
- Northeast
COMPETITIVE LANDSCAPE
Many large and small players characterize the U.S. residential heating market. Systemair, Johnson Controls, Zehnder, Ostberg, and Aldes are some of the key players in the US residential heating system industry. Other players operating in the industry include L.G., Panasonic, Carrier, Regal, and others. The prominent vendors focus on developing advanced heating systems and investing in R&D initiatives to enlarge their product line and gain a competitive advantage in the U.S. residential heating system market.
Moreover, the short time-to-market and little acceptance of new technologies add to market challenges for market vendors. R&D investments are more focused on cost reduction of the production process and improvement of the existing product technology for value addition than developing new products. As a result, a lot of mergers & acquisitions are taking place to develop and enhance the offerings and attributes to survive in the U.S. residential heating system market.
Key Company Profiles
- Samsung
- Systemair
- Johnson Controls
- Zehnder
- Aldes
- Bosch
- Daikin
- Mitsubishi Electric
- Rheem Manufacturing
Other Prominent Vendors
- LG
- Panasonic
- Carrier
- Midea
- Regal Rexnord
- Flakt Group
- Beijer Ref
- Flexit
- Grundfos
- Swegon
- VTS
- Nuaire
- Nortek
- Alfa Laval
- Hitachi
- Lu-Ve
- Vent-Axia
- S & P
- Wolf
- CIAT
- Al-Ko
- Dynair
- Danfoss
- Lennox
- Backer Springfield
- Dunhambush
- TCL
- Trox
- Ingersoll Rand
- Camfil
KEY QUESTIONS ANSWERED
- How big is the U.S. residential heating system market?
- What is the growth rate of the U.S. residential heating system market?
- What will be the U.S. residential heating system market share in terms of volume in 2027?
- Which region holds the most extensive U.S. residential heating system market share?
- Who are the key players in the U.S. residential heating system market?
TABLE OF CONTENTS
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
- 4.1 MARKET DEFINITION
- 4.1.1 INCLUSIONS
- 4.1.2 EXCLUSIONS
- 4.1.3 MARKET ESTIMATION CAVEATS
- 4.2 BASE YEAR
- 4.3 SCOPE OF THE STUDY
- 4.4 MARKET SEGMENTATION
- 4.4.1 MARKET SEGMENTATION BY EQUIPMENT
- 4.4.2 MARKET SEGMENTATION BY END USER
- 4.4.3 MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
5 REPORT ASSUMPTIONS & CAVEATS
- 5.1 KEY CAVEATS
- 5.2 CURRENCY CONVERSION
- 5.3 MARKET DERIVATION
6 PREMIUM INSIGHTS
7 MARKET AT A GLANCE
8 INTRODUCTION
- 8.1 OVERVIEW
- 8.1.1 DIFFERENCE BETWEEN DUCTED AND DUCTLESS HEATING SYSTEMS
- 8.1.2 ADVANTAGES OF SMART THERMOSTAT HEATING SYSTEMS
- 8.1.3 DISADVANTAGES OF SMART THERMOSTAT HEATING SYSTEMS
- 8.1.4 RESIDENTIAL CHALLENGES
- 8.1.5 MERGER & ACQUISITIONS AND PRODUCT DEVELOPMENT
- 8.1.6 RESIDENTIAL CONSTRUCTIONS
- 8.2 US INFLATION REDUCTION ACT PROVIDES BENEFITS TO HEATING EQUIPMENT MARKET
- 8.3 VALUE CHAIN
- 8.3.1 RAW MATERIAL SUPPLIERS & COMPONENTS
- 8.3.2 MANUFACTURERS
- 8.3.3 DEALERS/DISTRIBUTORS
- 8.3.4 RETAILERS
- 8.3.5 END-USERS
- 8.4 IMPACT OF COVID-19
9 MARKET OPPORTUNITY & TRENDS
- 9.1 MAJOR SHIFT TOWARD DUCTLESS SYSTEMS
- 9.2 EMERGENCE OF SMART HEATING SYSTEMS WITH IOT TECHNOLOGY
- 9.3 INCORPORATION OF HEAT AND ENERGY-EFFICIENCY ZONING TECHNOLOGY
10 MARKET GROWTH ENABLERS
- 10.1 INTEGRATION OF HYDROGEN HEATING TECHNOLOGY
- 10.2 RISING DEMAND FOR GEOTHERMAL HEATING SYSTEMS
- 10.3 GROWING DEMAND FOR VRF SYSTEMS
11 MARKET RESTRAINTS
- 11.1 LACK OF SKILLED LABOR
- 11.2 VULNERABILITY TO COVID-19
- 11.3 INTRACTABLE DATA SECURITY ISSUES
12 MARKET LANDSCAPE
- 12.1 MARKET OVERVIEW
- 12.2 MARKET SIZE & FORECAST
- 12.2.1 VALUE
- 12.2.2 VOLUME
- 12.3 MARKET BY REGION
- 12.3.1 VALUE
- 12.3.2 VOLUME
- 12.4 FIVE FORCES ANALYSIS
- 12.4.1 THREAT OF NEW ENTRANTS
- 12.4.2 BARGAINING POWER OF SUPPLIERS
- 12.4.3 BARGAINING POWER OF BUYERS
- 12.4.4 THREAT OF SUBSTITUTES
- 12.4.5 COMPETITIVE RIVALRY
13 EQUIPMENT
- 13.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
- 13.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
- 13.2.1 MARKET OVERVIEW
- 13.2.2 HEAT PUMP: MARKET SIZE & FORECAST
- 13.2.3 BOILER UNIT: MARKET SIZE & FORECAST
- 13.2.4 FURNACE: MARKET SIZE & FORECAST
- 13.2.5 VRF: MARKET SIZE & FORECAST
- 13.2.6 OTHER HEATING EQUIPMENT: MARKET SIZE & FORECAST
14 END-USER
- 14.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
- 14.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
- 14.3 MARKET OVERVIEW
- 14.4 SINGLE-FAMILY HOUSING
- 14.4.1 MARKET OVERVIEW
- 14.4.2 MARKET SIZE & FORECAST
- 14.5 MULTI-FAMILY HOUSING
- 14.5.1 MARKET OVERVIEW
- 14.5.2 MARKET SIZE & FORECAST
15 DISTRIBUTION CHANNEL
- 15.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
- 15.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
- 15.3 MARKET OVERVIEW
- 15.4 OFFLINE
- 15.4.1 MARKET OVERVIEW
- 15.4.2 DEALERS & DISTRIBUTORS
- 15.4.3 SPECIALTY STORES
- 15.4.4 MASS MARKET PLAYERS
- 15.4.5 MARKET SIZE & FORECAST (VALUE)
- 15.4.6 MARKET SIZE & FORECAST (VOLUME)
- 15.5 ONLINE
- 15.5.1 MARKET OVERVIEW
- 15.5.2 DIRECT SALES
- 15.5.3 THIRD-PARTY SALES
- 15.5.4 MARKET SIZE & FORECAST (VALUE)
- 15.5.5 MARKET SIZE & FORECAST (VOLUME)
16 GEOGRAPHY
- 16.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
- 16.2 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
- 16.3 MARKET OVERVIEW
- 16.3.1 US: MARKET SIZE & FORECAST
17 SOUTH
- 17.1 MARKET OVERVIEW
- 17.1.1 FLORIDA & TEXAS: MARKET SIZE & FORECAST
- 17.2 MARKET SIZE & FORECAST
- 17.2.1 VALUE
- 17.2.2 VOLUME
18 WEST
- 18.1 MARKET OVERVIEW
- 18.1.1 CALIFORNIA & WASHINGTON: MARKET SIZE & FORECAST
- 18.2 MARKET SIZE & FORECAST
- 18.2.1 VALUE
- 18.2.2 VOLUME
19 MIDWEST
- 19.1 MARKET OVERVIEW
- 19.1.1 ILLINOIS & MINNESOTA
- 19.2 MARKET SIZE & FORECAST
- 19.2.1 VALUE
- 19.2.2 VOLUME
20 NORTHEAST
- 20.1 MARKET OVERVIEW
- 20.1.1 NEW JERSEY & NEW YORK: MARKET SIZE & FORECAST
- 20.2 MARKET SIZE & FORECAST
- 20.2.1 VALUE
- 20.2.2 VOLUME
21 COMPETITIVE LANDSCAPE
- 21.1 COMPETITION OVERVIEW
22 KEY COMPANY PROFILES
- 22.1 SAMSUNG
- 22.1.1 BUSINESS OVERVIEW
- 22.1.2 PRODUCT OFFERINGS
- 22.1.3 KEY STRATEGIES
- 22.1.4 KEY STRENGTHS
- 22.1.5 KEY OPPORTUNITIES
- 22.2 SYSTEMAIR
- 22.2.1 BUSINESS OVERVIEW
- 22.2.2 PRODUCT OFFERINGS
- 22.2.3 KEY STRATEGIES
- 22.2.4 KEY STRENGTHS
- 22.2.5 KEY OPPORTUNITIES
- 22.3 JOHNSON CONTROLS
- 22.3.1 BUSINESS OVERVIEW
- 22.3.2 PRODUCT OFFERINGS
- 22.3.3 KEY STRATEGIES
- 22.3.4 KEY STRENGTHS
- 22.3.5 KEY OPPORTUNITIES
- 22.4 ZEHNDER
- 22.4.1 BUSINESS OVERVIEW
- 22.4.2 PRODUCT OFFERINGS
- 22.4.3 KEY STRATEGIES
- 22.4.4 KEY STRENGTHS
- 22.4.5 KEY OPPORTUNITIES
- 22.5 ALDES
- 22.5.1 BUSINESS OVERVIEW
- 22.5.2 PRODUCT OFFERINGS
- 22.5.3 KEY STRATEGIES
- 22.5.4 KEY STRENGTHS
- 22.5.5 KEY OPPORTUNITIES
- 22.6 ROBERT BOSCH
- 22.6.1 BUSINESS OVERVIEW
- 22.6.2 PRODUCT OFFERINGS
- 22.6.3 KEY STRATEGIES
- 22.6.4 KEY STRENGTHS
- 22.6.5 KEY OPPORTUNITIES
- 22.7 DAIKIN
- 22.7.1 BUSINESS OVERVIEW
- 22.7.2 PRODUCT OFFERINGS
- 22.7.3 KEY STRATEGIES
- 22.7.4 KEY STRENGTHS
- 22.7.5 KEY OPPORTUNITIES
- 22.8 MITSUBISHI ELECTRIC
- 22.8.1 BUSINESS OVERVIEW
- 22.8.2 PRODUCT OFFERINGS
- 22.8.3 KEY STRATEGIES
- 22.8.4 KEY STRENGTHS
- 22.8.5 KEY OPPORTUNITIES
- 22.9 RHEEM MANUFACTURING
- 22.9.1 BUSINESS OVERVIEW
- 22.9.2 PRODUCT OFFERINGS
- 22.9.3 KEY STRATEGIES
- 22.9.4 KEY STRENGTHS
23 OTHER PROMINENT VENDORS
- 23.1 LG
- 23.1.1 BUSINESS OVERVIEW
- 23.1.2 PRODUCT OFFERINGS
- 23.2 PANASONIC
- 23.2.1 BUSINESS OVERVIEW
- 23.2.2 PRODUCT OFFERINGS
- 23.3 CARRIER
- 23.3.1 BUSINESS OVERVIEW
- 23.3.2 PRODUCT OFFERINGS
- 23.4 MIDEA
- 23.4.1 BUSINESS OVERVIEW
- 23.4.2 PRODUCT OFFERINGS
- 23.5 REGAL REXNORD
- 23.5.1 BUSINESS OVERVIEW
- 23.5.2 PRODUCT OFFERINGS
- 23.6 FLAKT GROUP
- 23.6.1 BUSINESS OVERVIEW
- 23.6.2 PRODUCT OFFERINGS
- 23.7 BEIJER REF
- 23.7.1 BUSINESS OVERVIEW
- 23.7.2 PRODUCT OFFERINGS
- 23.8 FLEXIT
- 23.8.1 BUSINESS OVERVIEW
- 23.8.2 PRODUCT OFFERINGS
- 23.9 GRUNDFOS
- 23.9.1 BUSINESS OVERVIEW
- 23.9.2 PRODUCT OFFERINGS
- 23.10 SWEGON
- 23.10.1 BUSINESS OVERVIEW
- 23.10.2 PRODUCT OFFERINGS
- 23.11 VTS
- 23.11.1 BUSINESS OVERVIEW
- 23.11.2 PRODUCT OFFERINGS
- 23.12 NUAIRE
- 23.12.1 BUSINESS OVERVIEW
- 23.12.2 PRODUCT OFFERINGS
- 23.13 NORTEK
- 23.13.1 BUSINESS OVERVIEW
- 23.13.2 PRODUCT OFFERINGS
- 23.14 ALFA LAVAL
- 23.14.1 BUSINESS OVERVIEW
- 23.14.2 PRODUCT OFFERINGS
- 23.15 HITACHI
- 23.15.1 BUSINESS OVERVIEW
- 23.15.2 PRODUCT OFFERINGS
- 23.16 LU-VE GROUPS
- 23.16.1 BUSINESS OVERVIEW
- 23.16.2 PRODUCT OFFERINGS
- 23.17 VENT-AXIA
- 23.17.1 BUSINESS OVERVIEW
- 23.17.2 PRODUCT OFFERINGS
- 23.18 S & P
- 23.18.1 BUSINESS OVERVIEW
- 23.18.2 PRODUCT OFFERINGS
- 23.19 WOLF
- 23.19.1 BUSINESS OVERVIEW
- 23.19.2 PRODUCT OFFERINGS
- 23.20 CIAT
- 23.20.1 BUSINESS OVERVIEW
- 23.20.2 PRODUCT OFFERINGS
- 23.21 AL-KO
- 23.21.1 BUSINESS OVERVIEW
- 23.21.2 PRODUCT OFFERINGS
- 23.22 DYNAIR
- 23.22.1 BUSINESS OVERVIEW
- 23.22.2 PRODUCT OFFERINGS
- 23.23 DANFOSS
- 23.23.1 BUSINESS OVERVIEW
- 23.23.2 PRODUCT OFFERINGS
- 23.24 LENNOX
- 23.24.1 BUSINESS OVERVIEW
- 23.24.2 PRODUCT OFFERINGS
- 23.25 BACKER SPRINGFIELD
- 23.25.1 BUSINESS OVERVIEW
- 23.25.2 PRODUCT OFFERINGS
- 23.26 DUNHAM BUSH
- 23.26.1 BUSINESS OVERVIEW
- 23.26.2 PRODUCT OFFERINGS
- 23.27 TCL ELECTRONICS
- 23.27.1 BUSINESS OVERVIEW
- 23.27.2 PRODUCT OFFERINGS
- 23.28 TROX GROUP
- 23.28.1 BUSINESS OVERVIEW
- 23.28.2 PRODUCT OFFERINGS
- 23.29 INGERSOLL RAND
- 23.29.1 BUSINESS OVERVIEW
- 23.29.2 PRODUCT OFFERINGS
- 23.30 CAMFIL
- 23.30.1 BUSINESS OVERVIEW
- 23.30.2 PRODUCT OFFERINGS
24 REPORT SUMMARY
- 24.1 KEY TAKEAWAYS
- 24.2 STRATEGIC RECOMMENDATIONS
25 QUANTITATIVE SUMMARY
- 25.1 MARKET BY GEOGRAPHY
- 25.1.1 MARKET SIZE & FORECAST
- 25.2 MARKET BY EQUIPMENT
- 25.2.1 MARKET SIZE & FORECAST
- 25.3 MARKET BY END-USER
- 25.3.1 MARKET SIZE & FORECAST
- 25.4 MARKET BY DISTRIBUTION CHANNEL
- 25.4.1 MARKET SIZE & FORECAST
26 APPENDIX
- 26.1 ABBREVIATIONS
LIST OF EXHIBITS
- EXHIBIT 1 SEGMENTATION OF US RESIDENTIAL HEATING SYSTEMS MARKET
- EXHIBIT 2 MARKET SIZE CALCULATION APPROACH 2022
- EXHIBIT 3 HEEHRA REBATE AMOUNTS FOR APPLIANCES
- EXHIBIT 4 VALUE CHAIN ANALYSIS OF US RESIDENTIAL HEATING SYSTEMS MARKET
- EXHIBIT 5 IMPACT OF MAJOR SHIFT TOWARD DUCTLESS SYSTEMS
- EXHIBIT 6 IMPACT OF EMERGENCE OF SMART HEATING SYSTEMS WITH IOT TECHNOLOGY
- EXHIBIT 7 MODERN TECHNOLOGY OF IOT FOR SMART HEATING SYSTEMS
- EXHIBIT 8 IMPACT OF INCORPORATION OF HEAT AND ENERGY-EFFICIENCY ZONING TECHNOLOGY
- EXHIBIT 9 IMPACT OF INTEGRATION OF HYDROGEN HEATING TECHNOLOGY
- EXHIBIT 10 ADVANTAGES OF HYDROGEN HEATING SYSTEMS
- EXHIBIT 11 IMPACT OF RISING DEMAND FOR GEOTHERMAL HEATING SYSTEMS
- EXHIBIT 12 ADVANTAGES OF GEOTHERMAL HEATING SYSTEMS
- EXHIBIT 13 IMPACT OF GROWING DEMAND FOR VRF SYSTEMS
- EXHIBIT 14 KEY ADVANTAGES OF VARIABLE REFRIGERANT FLOW (VRF) SYSTEM
- EXHIBIT 15 IMPACT OF LACK OF SKILLED LABOR
- EXHIBIT 16 MEASURES TAKEN BY VARIOUS AGENCIES AND ORGANIZATIONS
- EXHIBIT 17 IMPACT OF VULNERABILITY TO COVID-19
- EXHIBIT 18 IMPACT OF INTRACTABLE DATA SECURITY ISSUES
- EXHIBIT 19 US ENERGY CONSUMPTION BY ENERGY SOURCE IN 2019
- EXHIBIT 20 US RESIDENTIAL HEATING SYSTEMS MARKET 2022-2028 ($ MILLION)
- EXHIBIT 21 US RESIDENTIAL HEATING SYSTEMS MARKET 2022-2028 (THOUSAND UNITS)
- EXHIBIT 22 FIVE FORCES ANALYSIS 2022
- EXHIBIT 23 INCREMENTAL GROWTH BY EQUIPMENT 2022 & 2028(VALUE)
- EXHIBIT 24 INCREMENTAL GROWTH BY EQUIPMENT 2022 & 2028(VOLUME)
- EXHIBIT 25 KEY FACTORS FAVORING DEMAND FOR HEAT PUMPS
- EXHIBIT 26 US RESIDENTIAL HEAT PUMP MARKET 2022-2028 ($ MILLION)
- EXHIBIT 27 US RESIDENTIAL HEAT PUMP MARKET 2022-2028 (THOUSAND UNITS)
- EXHIBIT 28 US RESIDENTIAL BOILER UNIT MARKET 2022-2028 ($ MILLION)
- EXHIBIT 29 US RESIDENTIAL BOILER UNIT MARKET 2022-2028 (THOUSAND UNITS)
- EXHIBIT 30 COOLING DEGREE DAYS
- EXHIBIT 31 US RESIDENTIAL FURNACE MARKET 2022-2028 ($ MILLION)
- EXHIBIT 32 US RESIDENTIAL FURNACE MARKET 2022-2028 (THOUSAND UNITS)
- EXHIBIT 33 US RESIDENTIAL VRF MARKET 2022-2028 ($ MILLION)
- EXHIBIT 34 US RESIDENTIAL VRF MARKET 2022-2028 (THOUSAND UNITS)
- EXHIBIT 35 US RESIDENTIAL OTHER HEATING EQUIPMENT MARKET 2022-2028 ($ MILLION)
- EXHIBIT 36 US RESIDENTIAL OTHER HEATING EQUIPMENT MARKET 2022-2028 (THOUSAND UNITS)
- EXHIBIT 37 INCREMENTAL GROWTH BY END-USER 2022 & 2028 (VALUE)
- EXHIBIT 38 INCREMENTAL GROWTH BY END-USER 2022 & 2028 (VOLUME)
- EXHIBIT 39 GROWTH IN SINGLE AND MULTI-FAMILY HOUSING UNITS IN US 2015-2019 (THOUSAND UNITS)
- EXHIBIT 40 NUMBER OF SINGLE-FAMILY HOUSES SOLD IN US 2018-2023 (MILLION UNITS)
- EXHIBIT 41 US RESIDENTIAL HEATING SYSTEMS MARKET BY SINGLE-FAMILY HOUSING 2022-2028 ($ MILLION)
- EXHIBIT 42 US RESIDENTIAL HEATING SYSTEMS MARKET BY SINGLE-FAMILY HOUSING 2022-2028 (THOUSAND UNITS)
- EXHIBIT 43 NUMBER OF MULTI-FAMILY HOUSING IN US 2018-2023 (MILLION UNITS)
- EXHIBIT 44 US RESIDENTIAL HEATING SYSTEMS MARKET BY MULTI-FAMILY HOUSING 2022-2028 ($ MILLION)
- EXHIBIT 45 US RESIDENTIAL HEATING SYSTEMS MARKET BY MULTI-FAMILY HOUSING 2022-2028 (THOUSAND UNITS)
- EXHIBIT 46 INCREMENTAL GROWTH BY DISTRIBUTION CHANNEL 2022 & 2028
- EXHIBIT 47 INCREMENTAL GROWTH BY DISTRIBUTION CHANNEL 2022 & 2028
- EXHIBIT 48 CLASSIFICATION OF US RESIDENTIAL HEATING SYSTEMS MARKET BY DISTRIBUTION CHANNEL
- EXHIBIT 49 US RESIDENTIAL HEATING SYSTEMS MARKET BY OFFLINE 2022-2028 ($ MILLION)
- EXHIBIT 50 US RESIDENTIAL HEATING SYSTEMS MARKET BY OFFLINE 2022-2028 (THOUSAND UNITS)
- EXHIBIT 51 CLASSIFICATION OF ONLINE DISTRIBUTION CHANNELS
- EXHIBIT 52 US RESIDENTIAL HEATING SYSTEMS MARKET BY ONLINE 2022-2028 ($ MILLION)
- EXHIBIT 53 US RESIDENTIAL HEATING SYSTEMS MARKET BY ONLINE 2022-2028 (THOUSAND UNITS)
- EXHIBIT 54 INCREMENTAL GROWTH BY REGION 2022 & 2028 (VALUE)
- EXHIBIT 55 INCREMENTAL GROWTH BY REGION 2022 & 2028 (VOLUME)
- EXHIBIT 56 AVERAGE AND MEDIAN FAMILY INCOME IN SOUTHERN US 2022 ($)
- EXHIBIT 57 HIGHEST NUMBER OF HOUSING UNITS WITH HEAT PUMPS IN US STATES 2020
- EXHIBIT 58 RESIDENTIAL HEATING SYSTEMS MARKET IN SOUTHERN US 2022-2028 ($ MILLION)
- EXHIBIT 59 RESIDENTIAL HEATING SYSTEMS MARKET IN SOUTHERN US 2022-2028 (THOUSAND UNITS)
- EXHIBIT 60 RESIDENTIAL HEATING SYSTEMS MARKET IN WESTERN US 2022-2028 ($ MILLION)
- EXHIBIT 61 RESIDENTIAL HEATING SYSTEMS MARKET IN WESTERN US 2022-2028 (THOUSAND UNITS)
- EXHIBIT 62 RESIDENTIAL HEATING SYSTEMS MARKET IN MIDWEST US 2022-2028 ($ MILLION)
- EXHIBIT 63 RESIDENTIAL HEATING SYSTEMS MARKET IN MIDWEST US 2022-2028 (THOUSAND UNITS)
- EXHIBIT 64 RESIDENTIAL HEATING SYSTEMS MARKET IN NORTHEAST US 2022-2028 ($ MILLION)
- EXHIBIT 65 RESIDENTIAL HEATING SYSTEMS MARKET IN NORTHEAST US 2022-2028 (THOUSAND UNITS)
LIST OF TABLES
- TABLE 1 KEY CAVEATS
- TABLE 2 CURRENCY CONVERSION 2015-2022
- TABLE 3 ADVANTAGES AND DISADVANTAGES OF DUCTED AND DUCTLESS SYSTEM
- TABLE 4 US RESIDENTIAL HEATING SYSTEMS MARKET BY GEOGRAPHY 2022-2028 ($ MILLION)
- TABLE 5 US RESIDENTIAL HEATING SYSTEMS MARKET BY GEOGRAPHY 2022-2028 (THOUSAND UNITS)
- TABLE 6 US RESIDENTIAL HEATING SYSTEMS MARKET BY EQUIPMENT 2022-2028 ($ MILLION)
- TABLE 7 US RESIDENTIAL HEATING SYSTEMS MARKET BY EQUIPMENT 2022-2028 (THOUSAND UNITS)
- TABLE 8 BOILER INSTALLATION AND REPLACEMENT COST IN 2022
- TABLE 9 US RESIDENTIAL HEATING SYSTEMS MARKET BY END-USER 2022-2028 ($ MILLION)
- TABLE 10 US RESIDENTIAL HEATING SYSTEMS MARKET BY END-USER 2022-2028 (THOUSAND UNITS)
- TABLE 11 US RESIDENTIAL HEATING SYSTEMS MARKET BY DISTRIBUTION CHANNEL 2022-2028 ($ MILLION)
- TABLE 12 US RESIDENTIAL HEATING SYSTEMS MARKET BY DISTRIBUTION CHANNEL 2022-2028 (THOUSAND UNITS)
- TABLE 13 SPACE HEATING INSTALLATION COST IN US IN 2022
- TABLE 14 US REGIONS COOLING DEGREE DAYS, 2021
- TABLE 15 NEW PRIVATELY-OWNED HOUSING UNITS UNDER CONSTRUCTION IN WESTERN US IN 2022
- TABLE 16 NEW PRIVATELY-OWNED HOUSING UNITS UNDER CONSTRUCTION IN MIDWEST US IN 2022
- TABLE 17 NEW JERSEY HOUSING DEMAND IN 2022
- TABLE 18 SAMSUNG: MAJOR PRODUCT OFFERINGS
- TABLE 19 SYSTEMAIR: MAJOR PRODUCT OFFERINGS
- TABLE 20 JOHNSON CONTROLS: MAJOR PRODUCT OFFERINGS
- TABLE 21 ZEHNDER: MAJOR PRODUCT OFFERINGS
- TABLE 22 ALDES: MAJOR PRODUCT OFFERINGS
- TABLE 23 ROBERT BOSCH: MAJOR PRODUCT OFFERINGS
- TABLE 24 DAIKIN: MAJOR PRODUCT OFFERINGS
- TABLE 25 MITSUBISHI ELECTRIC: MAJOR PRODUCT OFFERINGS
- TABLE 26 RHEEM MANUFACTURING: MAJOR PRODUCT OFFERINGS
- TABLE 27 LG: MAJOR PRODUCT OFFERINGS
- TABLE 28 PANASONIC: MAJOR PRODUCT OFFERINGS
- TABLE 29 CARRIER: MAJOR PRODUCT OFFERINGS
- TABLE 30 MIDEA: MAJOR PRODUCT OFFERINGS
- TABLE 31 REGAL REXNORD: MAJOR PRODUCT OFFERINGS
- TABLE 32 FLAKT GROUP: MAJOR PRODUCT OFFERINGS
- TABLE 33 BEIJER REF: MAJOR PRODUCT OFFERINGS
- TABLE 34 FLEXIT: MAJOR PRODUCT OFFERINGS
- TABLE 35 GRUNDFOS: MAJOR PRODUCT OFFERINGS
- TABLE 36 SWEGON: MAJOR PRODUCT OFFERINGS
- TABLE 37 VTS: MAJOR PRODUCT OFFERINGS
- TABLE 38 NUAIRE: MAJOR PRODUCT OFFERINGS
- TABLE 39 NORTEK: MAJOR PRODUCT OFFERINGS
- TABLE 40 ALFA LAVAL: MAJOR PRODUCT OFFERINGS
- TABLE 41 HITACHI: MAJOR PRODUCT OFFERINGS
- TABLE 42 LU-VE GROUPS: MAJOR PRODUCT OFFERINGS
- TABLE 43 VENT-AXIA: MAJOR PRODUCT OFFERINGS
- TABLE 44 S & P: MAJOR PRODUCT OFFERINGS
- TABLE 45 WOLF: MAJOR PRODUCT OFFERINGS
- TABLE 46 CIAT: MAJOR PRODUCT OFFERINGS
- TABLE 47 AL-KO: MAJOR PRODUCT OFFERINGS
- TABLE 48 DYNAIR: MAJOR PRODUCT OFFERINGS
- TABLE 49 DANFOSS: MAJOR PRODUCT OFFERINGS
- TABLE 50 LENNOX: MAJOR PRODUCT OFFERINGS
- TABLE 51 BACKER SPRINGFIELD: MAJOR PRODUCT OFFERINGS
- TABLE 52 DUNHAMBUSH: MAJOR PRODUCT OFFERINGS
- TABLE 53 TCL ELECTRONICS: MAJOR PRODUCT OFFERINGS
- TABLE 54 TROX GROUP: MAJOR PRODUCT OFFERINGS
- TABLE 55 INGERSOLL RAND: MAJOR PRODUCT OFFERINGS
- TABLE 56 CAMFIL: MAJOR PRODUCT OFFERINGS
- TABLE 57 US RESIDENTIAL HEATING SYSTEMS MARKET BY GEOGRAPHY 2022-2028 ($ MILLION)
- TABLE 58 US RESIDENTIAL HEATING SYSTEMS MARKET BY GEOGRAPHY 2022-2028 (THOUSAND UNITS)
- TABLE 59 US RESIDENTIAL HEATING SYSTEMS MARKET BY EQUIPMENT 2022-2028 ($ MILLION)
- TABLE 60 US RESIDENTIAL HEATING SYSTEMS MARKET BY EQUIPMENT 2022-2028 (THOUSAND UNITS)
- TABLE 61 US RESIDENTIAL HEATING SYSTEMS MARKET BY END-USER 2022-2028 ($ MILLION)
- TABLE 62 US RESIDENTIAL HEATING SYSTEMS MARKET BY END-USER 2022-2028 (THOUSAND UNITS)
- TABLE 63 US RESIDENTIAL HEATING SYSTEMS MARKET BY DISTRIBUTION CHANNEL 2022-2028 ($ MILLION)
- TABLE 64 US RESIDENTIAL HEATING SYSTEMS MARKET BY DISTRIBUTION CHANNEL 2022-2028 (THOUSAND UNITS)
