Heating Equipment Global Market Report 2025

Description

Heating equipment refers to devices designed to generate heat for regulating the temperature of a space through the use of thermal energy. Examples of such devices include freestanding stoves, fireplaces, and non-electric stoves, which are intended to provide warmth to a room or indoor area. Additionally, heating equipment is employed in laboratories for various experiments and serves industrial purposes.

The main types of heating equipment include heat pumps, furnaces, boilers, unitary heaters, and other variants. Heat pumps utilize electric or mechanical methods to transfer heat from one location to another. They are employed to make warmer spaces even warmer and cooler spaces cooler by efficiently moving heat between them. Various technologies, such as water source and ground source, are utilized in residential, commercial, and industrial applications for heat pump systems.

The heating equipment market research report is one of a series of new reports from The Business Research Company that provides heating equipment market statistics, including heating equipment industry global market size, regional shares, competitors with a heating equipment market share, detailed heating equipment market segments, market trends and opportunities, and any further data you may need to thrive in the heating equipment industry. This heating equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The heating equipment market size has grown strongly in recent years. It will grow from $41.37 billion in 2024 to $44.28 billion in 2025 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to growth in residential and commercial construction activities, replacement and upgrading of aging heating systems, rise in energy costs and focus on energy efficiency, increased adoption of renewable and clean energy sources, demand for comfort and indoor air quality in buildings.

The heating equipment market size is expected to see strong growth in the next few years. It will grow to $57.08 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to emphasis on smart and connected heating solutions, integration of heat pumps and geothermal heating systems, focus on hybrid heating systems for optimal efficiency, adoption of district heating and combined heat and power (chp) systems, customization of heating solutions for unique building needs. Major trends in the forecast period include high-efficiency condensing boilers, integration of smart thermostats and controls, heat pumps for heating and cooling, hydronic heating systems with radiant heating, biofuels and biomass heating solutions.

The increasing demand for the construction industry is expected to drive the growth of the heating equipment market in the future. The construction sector encompasses organizations involved in creating, maintaining, and repairing infrastructure. The expanding construction industry utilizes heating equipment, such as heat pumps, to provide heating and cooling in both large and medium-sized buildings. For example, in November 2023, the Office for National Statistics, a UK-based government department, reported that new construction activities increased by £18,161 million ($19.96 million) in 2022, with private sector projects rising by 16.8% and public sector projects increasing by 13.1%. Therefore, the growing demand for the construction industry is fueling the growth of the heating equipment market.

The growth of urbanization is poised to further boost the heating equipment market. Urbanization involves the concentration of people in specific geographic locations, leading to the development of new residential and commercial buildings that require heating equipment for climate control. According to a World Bank report in 2022, over 50% of the world's population resides in urban regions, and this figure is projected to increase to 6 billion by 2045-a 1.5-fold increase. The report also predicts a significant expansion of urban built-up area by 2030, with urban land consumption expected to grow up to 50% faster than population growth. The ongoing trend of urbanization is a significant driver of the heating equipment market, fueled by the demand for climate control solutions in urban developments.

Technological advancements represent a significant trend gaining traction in the heating equipment market. Leading companies in the sector are leveraging new technologies, such as injection technology, to maintain their competitive edge. For example, in November 2023, Mitsubishi Electric Corporation, a Japan-based electronics firm, introduced the Ecodan R290 Heat Pump. This product is designed for quiet operation, creating a tranquil home environment while allowing for multiple zone control to enhance energy efficiency and provide personalized comfort. It can deliver reliable heating even in extreme conditions, achieving high heating temperatures of up to 75°C at outside temperatures as low as -15°C, which is comparable to traditional gas boilers. This capability ensures effective home heating and provides sufficient hot water for larger families.

Leading companies in the heating equipment market are actively developing innovative products, including high-temperature heat pumps, to cater to larger customer bases, increase sales, and boost revenue. High-temperature heat pumps are heating and cooling systems designed to operate efficiently at elevated temperature ranges. In September 2023, Carrier, a prominent US-based manufacturer and distributor of heating, ventilating, and air conditioning (HVAC) systems, launched a new series of high-temperature heat pumps. This series features capacities ranging from 30 kW to 735 kW, utilizing hydrofluoroolefins as the refrigerant. These heat pumps are not only designed to extract heat from ambient air and the ground but also to capture and utilize wasted heat from various sources, including data centers, leisure facilities, hotels, restaurants, process water, flue gases, and sewage systems. The product range includes the 410 kW AquaForce 61CA air-source heat pump, reaching temperatures as high as 82°C. The AquaForce 61CW-Z water-source heat pump offers a power range from 410 kW to 735 kW, achieving temperatures of up to 92°C. The AquaForce 61CWD water-source heat pump covers a power range of 110 kW to 540 kW and can reach temperatures of up to 120°C. The smallest product in the lineup is the AquaSnap 61CG water-source heat pump, with a capacity ranging from 30 kW to 130 kW, expandable to 390 kW when cascaded.

In August 2023, Smiths Group plc, an industrial technology company based in the UK, acquired Heating & Cooling Products for $82 million. This acquisition is intended to bolster Smiths' capabilities and offer better solutions to its customers in the HVAC sector. Heating & Cooling Products (HCP) is a manufacturer of heating equipment located in the United States.

Major companies operating in the heating equipment market include Danfoss A/S, United Technologies Corporation, Trane Technologies plc, Lennox International Inc., Robert Bosch GmbH, Johnson Controls, Emerson Electric Co., Honeywell International Inc., Siemens AG, Daikin Industries Ltd., Uponor Corporation, Mitsubishi Electric Corporation, Nortek Inc., Pentair plc, Nexans S.A., Carrier Global Corporation, Lucky Gold star Electronics Inc., Panasonic Holdings Corporation, Samsung Electronics Co. Ltd., Whirlpool Corporation, Rheem Manufacturing Company, A.O. Smith Corporation, Bradford White Corporation, Navien Inc., Rinnai Corporation, Viessmann Werke GmbH & Co. KG, Fujitsu General Ltd., Gree Electric Appliances Inc. of Zhuhai, Haier Group Corporation, Midea Group Co. Ltd., Nortek Global HVAC LLC, Ruud Manufacturing Company, Goodman Manufacturing Company L.P., York International Corporation

Europe was the largest region in the heating equipment market in 2024. The regions covered in the heating equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the heating equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The heating equipment market consists of sales of heat distribution systems, small space heaters, wood and pellet heater. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Heating Equipment Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on heating equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for heating equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The heating equipment market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Product: Heat Pumps; Furnaces; Boilers; Unitary Heaters; Other Products
2) By Technology: Air Source; Water Source; Ground Source
3) By Application: Residential; Commercial; Industrial
Subsegments:
1) By Heat Pumps: Air Source Heat Pumps; Ground Source Heat Pumps; Water Source Heat Pumps;
2) By Furnaces: Gas Furnaces; Electric Furnaces; Oil Furnaces
3) By Boilers: Residential Boilers; Commercial Boilers; Industrial Boilers
4) By Unitary Heaters: Electric Unitary Heaters; Gas Unitary Heaters; Hydronic Unitary Heaters
5) By Other Products: Radiant Heating Systems; Infrared Heaters; Portable Heaters
Companies Mentioned: Danfoss A/S; United Technologies Corporation; Trane Technologies plc; Lennox International Inc.; Robert Bosch GmbH
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r21590

1. Executive Summary

2. Heating Equipment Market Characteristics

3. Heating Equipment Market Trends And Strategies

4. Heating Equipment Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

5. Global Heating Equipment Growth Analysis And Strategic Analysis Framework

5.1. Global Heating Equipment PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Heating Equipment Market Growth Rate Analysis
5.4. Global Heating Equipment Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Heating Equipment Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Heating Equipment Total Addressable Market (TAM)

6. Heating Equipment Market Segmentation

6.1. Global Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Heat Pumps
Furnaces
Boilers
Unitary Heaters
Other Products
6.2. Global Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Air Source
Water Source
Ground Source
6.3. Global Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Residential
Commercial
Industrial
6.4. Global Heating Equipment Market, Sub-Segmentation Of Heat Pumps, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Air Source Heat Pumps
Ground Source Heat Pumps
Water Source Heat Pumps
6.5. Global Heating Equipment Market, Sub-Segmentation Of Furnaces, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Gas Furnaces
Electric Furnaces
Oil Furnaces
6.6. Global Heating Equipment Market, Sub-Segmentation Of Boilers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Residential Boilers
Commercial Boilers
Industrial Boilers
6.7. Global Heating Equipment Market, Sub-Segmentation Of Unitary Heaters, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Electric Unitary Heaters
Gas Unitary Heaters
Hydronic Unitary Heaters
6.8. Global Heating Equipment Market, Sub-Segmentation Of Other Products, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Radiant Heating Systems
Infrared Heaters
Portable Heaters

7. Heating Equipment Market Regional And Country Analysis

7.1. Global Heating Equipment Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Heating Equipment Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Heating Equipment Market

8.1. Asia-Pacific Heating Equipment Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Heating Equipment Market

9.1. China Heating Equipment Market Overview
9.2. China Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Heating Equipment Market

10.1. India Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Heating Equipment Market

11.1. Japan Heating Equipment Market Overview
11.2. Japan Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Heating Equipment Market

12.1. Australia Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Heating Equipment Market

13.1. Indonesia Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Heating Equipment Market

14.1. South Korea Heating Equipment Market Overview
14.2. South Korea Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Heating Equipment Market

15.1. Western Europe Heating Equipment Market Overview
15.2. Western Europe Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Heating Equipment Market

16.1. UK Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Heating Equipment Market

17.1. Germany Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Heating Equipment Market

18.1. France Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Heating Equipment Market

19.1. Italy Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Heating Equipment Market

20.1. Spain Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Heating Equipment Market

21.1. Eastern Europe Heating Equipment Market Overview
21.2. Eastern Europe Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Heating Equipment Market

22.1. Russia Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Heating Equipment Market

23.1. North America Heating Equipment Market Overview
23.2. North America Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Heating Equipment Market

24.1. USA Heating Equipment Market Overview
24.2. USA Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Heating Equipment Market

25.1. Canada Heating Equipment Market Overview
25.2. Canada Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Heating Equipment Market

26.1. South America Heating Equipment Market Overview
26.2. South America Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Heating Equipment Market

27.1. Brazil Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Heating Equipment Market

28.1. Middle East Heating Equipment Market Overview
28.2. Middle East Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Heating Equipment Market

29.1. Africa Heating Equipment Market Overview
29.2. Africa Heating Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Heating Equipment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Heating Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Heating Equipment Market Competitive Landscape And Company Profiles

30.1. Heating Equipment Market Competitive Landscape
30.2. Heating Equipment Market Company Profiles
- 30.2.1. Danfoss A/S Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. United Technologies Corporation Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. Trane Technologies plc Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. Lennox International Inc. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. Robert Bosch GmbH Overview, Products and Services, Strategy and Financial Analysis

31. Heating Equipment Market Other Major And Innovative Companies

31.1. Johnson Controls
31.2. Emerson Electric Co.
31.3. Honeywell International Inc.
31.4. Siemens AG
31.5. Daikin Industries Ltd.
31.6. Uponor Corporation
31.7. Mitsubishi Electric Corporation
31.8. Nortek Inc.
31.9. Pentair plc
31.10. Nexans S.A.
31.11. Carrier Global Corporation
31.12. Lucky Gold star Electronics Inc.
31.13. Panasonic Holdings Corporation
31.14. Samsung Electronics Co. Ltd.
31.15. Whirlpool Corporation

32. Global Heating Equipment Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Heating Equipment Market

34. Recent Developments In The Heating Equipment Market

35. Heating Equipment Market High Potential Countries, Segments and Strategies

35.1 Heating Equipment Market In 2029 - Countries Offering Most New Opportunities
35.2 Heating Equipment Market In 2029 - Segments Offering Most New Opportunities
35.3 Heating Equipment Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer