Global Industrial Heating Equipment Market Size, Share, and Growth & Trends Analysis By End User Industry (Oil and gas, Metal and mining, Chemical, Others) By Product Type (Heat pumps, Furnaces, Boilers) By Fuel type (Fossil fuel, Electric) By Region (North America, Asia Pacific, Europe, Middle East & Africa, South America): Regional Outlook, Growth Potential and Segments Forecast 2024-2031

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Industrial Heating Equipment Market- Global Size Analysis, Share and Forecast to 2031 | Insider Market Research

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Description

The Global Industrial Heating Equipment Market size was USD $41.5 billion in 2023 and is projected to reach USD $50.7 billion by 2031, with a CAGR of 5.67 % during the forecast period.

Global Industrial Heating Equipment Market: Overview

The industrial heating equipment market is undergoing significant innovation and development across several fronts. One key trend is the automation and integration of smart technologies into heating equipment, leveraging AI, sensors, and advanced control systems for enhanced performance and efficiency. For instance, the advent of smart furnaces powered by AI-based tools and machine learning algorithms allows these furnaces to analyse and process real-time data, automatically adjusting pressure, temperature, and airflow parameters to operate at high efficiency and have higher energy-saving ratings. These smart furnaces also often have IoT technology embedded, enabling remote control and proactive maintenance to increase productivity. Another pivotal area of advancement is in heat pump technology, with recent improvements enhancing efficiency, capacity, and operational capability in colder climates. Johnson Controls, a leading HVAC company, recently launched the YORK Variable Speed Screw Heat Pump that uses a refrigerant with extremely low global warming potential, making it four times more energy-efficient compared to traditional boilers.

There’s also a notable shift towards eco-friendly solutions, with a focus on sustainable practices and energy efficiency. This includes adopting renewable energy sources like solar and biomass to power heaters, boilers, and heat pumps. Additionally, the use of advanced insulation materials and heat recovery systems has significantly improved the heating capabilities of modern furnaces and boilers, while nanomaterials are being utilized to enhance thermal resistance and optimize resource utilization.

Moreover, major manufacturers are expanding domestic production capacities to meet the growing demand. For instance, Johnson Controls received a $33 million grant from the U.S. Department of Energy to help increase domestic production of electric heat pumps by expanding three U.S.-based manufacturing sites, with an estimated production increase of 200%.

Government regulations further drive innovation, mandating reduced emissions and promoting sustainable heating solutions globally. For example, stringent environmental regulations have acted as a restraint to the industrial heating equipment market growth, spurring manufacturers to develop more eco-friendly and energy-efficient products. In essence, the industrial heating equipment sector is swiftly evolving, characterized by automation, smart integration, eco-conscious practices, expanded production capabilities, and regulatory alignment towards sustainability.

Global Industrial Heating Equipment Market: Covid-19 Impact

The COVID-19 pandemic has significantly impacted the industrial heating equipment market, causing disruptions in supply chains and manufacturing operations globally. Companies are facing challenges such as reduced production capacity, logistical delays, and fluctuating demand. Despite these setbacks, there’s a growing focus on innovation and efficiency in heating technologies to meet changing industry needs amidst ongoing health and safety considerations.

Global Industrial Heating Equipment Market: Growth Drivers

  • Rising Industrialization:

As global industrialization continues, there’s an increased demand for heating equipment across various sectors such as manufacturing, oil and gas, and chemicals. This trend is fueled by expanding production capacities and infrastructural developments.

  • Technological Advancements:

Innovations in heating technologies, such as energy-efficient systems and smart controls, are driving market growth. These advancements not only enhance operational efficiency but also reduce energy consumption and operational costs for industrial users.

  • Regulatory Standards:

Stringent regulations aimed at reducing carbon emissions and enhancing energy efficiency are compelling industries to adopt modern heating equipment. Compliance with these standards drives the replacement of outdated systems with more eco-friendly alternatives, boosting market growth.

Global Industrial Heating Equipment Market: Restraining Factors

  • High Initial Costs:

The upfront costs associated with installing industrial heating equipment can be substantial, especially for advanced technologies. This factor often discourages small and medium-sized enterprises (SMEs) from investing in new systems, impacting market growth.

  • Maintenance Challenges:

Complex heating systems require regular maintenance and servicing to ensure optimal performance and longevity. High maintenance costs and the need for skilled technicians can pose challenges for industrial users, particularly in remote or underserved regions.

Global Industrial Heating Equipment Market:  Opportunity Factors

  • Emerging Markets:

Rapid industrialization in emerging economies presents significant growth opportunities for heating equipment manufacturers. These regions are witnessing increased infrastructure development and industrial activities, driving demand for reliable heating solutions.

  • Integration of IoT and Automation:

The integration of Internet of Things (IoT) technology and automation in heating equipment allows for remote monitoring, predictive maintenance, and real-time adjustments. This trend enhances operational efficiency, reduces downtime, and opens new avenues for service-oriented business models.

Global Industrial Heating Equipment Market: Challenges

  • Environmental Concerns:

Despite technological advancements, industrial heating equipment still contributes to environmental pollution. Meeting stringent emission standards while maintaining operational efficiency remains a key challenge for manufacturers.

  • Competition and Market Consolidation:

The market for industrial heating equipment is highly competitive, with numerous global and regional players vying for market share. Intense competition and ongoing market consolidation efforts among major players pose challenges for new entrants and smaller companies.

Global Industrial Heating Equipment Market: Segmentation

Based on End User Industry: The market is segmented into Oil and gas, Metal and mining, Chemical, Others.

Based on Product Type: The market is segmented into Heat pumps, Furnaces, Boilers.

Based on Fuel Type: The market is segmented into Fossil fuel, Electric.

Global Industrial Heating Equipment Market: Regional Insights

  • North America:

The industrial heating equipment market in North America is experiencing robust growth driven by technological advancements and increasing industrialization. With a strong emphasis on energy efficiency and sustainability, manufacturers are developing innovative heating solutions that cater to diverse industrial sectors such as manufacturing, oil & gas, and food processing. Key trends include the adoption of electric heating systems for their reliability and environmental benefits, alongside the ongoing modernization of traditional heating technologies like furnaces and boilers. Regulatory initiatives promoting energy conservation further propel market expansion, encouraging businesses to invest in efficient heating equipment. Moreover, the demand for customized heating solutions tailored to specific industrial processes continues to rise, fostering a competitive landscape among industry players. As North American industries prioritize operational efficiency and cost-effectiveness, the industrial heating equipment market is poised for steady growth, supported by ongoing technological advancements and regulatory frameworks promoting sustainable practices.

  • Asia Pacific:

The Asia Pacific industrial heating equipment market is experiencing robust growth driven by expanding industrial sectors such as manufacturing, food processing, and automotive across the region. Increasing investments in infrastructure, coupled with the rise in demand for energy-efficient heating solutions, propel market expansion. Key trends include the adoption of advanced technologies like infrared heating systems and electric heating equipment, which offer higher efficiency and reduced environmental impact compared to traditional methods. Government initiatives promoting industrial automation and sustainable practices further boost market demand. China, India, and Japan lead the market due to their large manufacturing bases and supportive government policies. However, challenges such as high initial costs and technological complexities hinder widespread adoption. Overall, the Asia Pacific industrial heating equipment market shows promising growth prospects driven by industrialization, technological advancements, and the shift towards sustainable energy solutions.

Global Industrial Heating Equipment Market: Competitive Landscape

Ingersoll Rand Inc., EASCO BOILER CORP, Carrier, Danfoss A/S, Uponor Corporation, McKenna Boiler Works Inc., Lennox International Inc., Emerson Electric Co., THERMCRAFT, INC. (AECO Corp.), Johnson Controls.

Global Industrial Heating Equipment Market: Recent Developments

  • Ingersoll Rand’s 2023 Sustainability Report Highlights Progress and New Goals

Ingersoll Rand Inc. released its 2023 Sustainability Report, showcasing significant achievements such as launching 80 sustainable products and powering 45 sites with renewable energy. The company set new goals to reduce water usage by 30% at water-stressed sites by 2030 and help customers reduce or avoid 1 billion metric tons of CO2e by 2040. CEO Vicente Reynal emphasized the company’s commitment to innovation and sustainability.

  • Carrier Develops Advanced Heat Pump Rooftop Units with DOE

Carrier, in partnership with the Department of Energy, is developing next-generation heat pump rooftop units to enhance efficiency and reduce life cycle costs for commercial spaces. The initiative aims to cut GHG emissions and energy costs by up to 50% compared to conventional models. Carrier’s new products, targeting a 2027 release, will aid major retailers and companies in achieving decarbonization goals while improving energy efficiency.

Table of Content

“a:2:{i:0;a:3:{s:5:””title””;s:16:””Table of Content””;s:2:””id””;s:16:””table-of-content””;s:7:””content””;s:10121:””CHAPTER 1: EXECUTIVE SUMMARY
1.1. Summary
CHAPTER 2: RESEARCH METHODOLOGY
2.1. Research Process
2.2. Primary Research
2.3. Secondary Research
2.4. Market Size Estimation
2.5. Research Methodology
2.6. Analyst Tools/Models/Techniques
2.6.1. Notations
2.7. Market Scope & Segmentation
2.8. Currency & Pricing Considered
CHAPTER 3: MARKET TRENDS
3.1. Introduction
3.2. Drivers
3.2.1. Rising Industrialization
3.2.2. Driver 2
3.2.3. Driver 3
3.2.4. Driver 4
3.3. Restraints
3.3.1. High Initial Costs
3.3.2. Restraint 2
3.3.3. Restraint 3
3.3.4. Restraint 4
3.4. Opportunities
3.4.1. Emerging Markets
3.4.2. Opportunity 2
3.4.3. Opportunity 3
3.4.4. Opportunity 4
3.5. Challenges
3.5.1. Environmental Concerns
3.5.2. Challenge 2
3.5.3. Challenge 3
3.5.4. Challenge 4
3.6. Investment Feasibility Analysis
3.7. Latest Trends
CHAPTER 4: MARKET ASSESSMENT
4.1. Porters Five Forces Analysis
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitute
4.1.5. Intensity of Competitive Rivalry
4.2. Value Chain Analysis
4.3. Market Share Analysis
4.4. Impact of Key Regulations on the Market
4.5. SWOT Analysis
4.6. PESTEL Analysis
4.7. Patent Analysis
4.7.1. By END USER INDUSTRY
4.7.2. By PRODUCT TYPE
4.7.3. By FUEL TYPE
4.7.4. By SEGMENT D
4.8. Roadmap Development
4.9. Market Lineage Outlook
4.9.1. Parent Market Outlook
4.9.2. Ancillary Market Outlook
CHAPTER 5: IMPACT OF RECESSION ON THE MARKET
5.1. Introduction
5.1.1. Short Term Impact
5.1.2. Long Term Impact
CHAPTER 6: GLOBAL INDUSTRIAL HEATING EQUIPMENT MARKET, BY END USER INDUSTRY
6.1. Introduction
6.1.1. Market Size & Forecast
6.1.2. Global INDUSTRIAL HEATING EQUIPMENT Market Share, by End User Industry -2023 and 2031 (%)
6.2. OIL AND GAS
6.2.1. Key market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Regions
6.3. METAL AND MINING
6.3.1. Key market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Regions
6.4. CHEMICAL
6.4.1. Key market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, by Regions
6.5. OTHERS
6.5.1. Key market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast, by Regions
CHAPTER 7: GLOBAL INDUSTRIAL HEATING EQUIPMENT MARKET, BY PRODUCT TYPE
7.1. Introduction
7.1.1. Market Size & Forecast
7.1.2. Global INDUSTRIAL HEATING EQUIPMENT Market Share, PRODUCT TYPE -2023 and 2031 (%)
7.2. HEAT PUMPS
7.2.1. Key market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast, by Regions
7.3. FURNACES
7.3.1. Key market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast, by Regions
7.4. BOILERS
7.4.1. Key market Trends, Growth Factors, and Opportunities
7.4.2. Market Size and Forecast, by Regions
CHAPTER 8: GLOBAL INDUSTRIAL HEATING EQUIPMENT MARKET, BY FUEL TYPE
8.1. Introduction
8.1.1. Market Size & Forecast
8.1.2. Cloud Storage Market Share, by FUEL TYPE -2023 and 2031 (%)
8.2. FOSSIL FUEL
8.2.1. Key market Trends, Growth Factors, and Opportunities
8.2.2. Market Size and Forecast, by Regions
8.3. ELECTRIC
8.3.1. Key market Trends, Growth Factors, and Opportunities
8.3.2. Market Size and Forecast, by Regions
CHAPTER 9: NORTH AMERICA MARKET ANALYSIS
9.1. Introduction
9.2. INDUSTRIAL HEATING EQUIPMENT Market by Country
9.3. North America INDUSTRIAL HEATING EQUIPMENT Market by Country, USD Million 2019-2031
9.3.1. Market Size & Forecast, By END USER INDUSTRY
9.3.2. Market Size & Forecast, by PRODUCT TYPE
9.3.3. Market Size & Forecast, by FUEL TYPE
9.4. U.S.
9.4.1. Market Size & Forecast, By END USER INDUSTRY
9.4.2. Market Size & Forecast, by PRODUCT TYPE
9.4.3. Market Size & Forecast, by FUEL TYPE
9.5. Canada
9.5.1. Market Size & Forecast, By END USER INDUSTRY
9.5.2. Market Size & Forecast, by PRODUCT TYPE
9.5.3. Market Size & Forecast, by FUEL TYPE
CHAPTER 10: EUROPE MARKET ANALYSIS
10.1. Introduction
10.2. INDUSTRIAL HEATING EQUIPMENT Market by Country
10.3. Europe INDUSTRIAL HEATING EQUIPMENT Market by Country, USD Million 2019-2031
10.3.1. Market Size & Forecast, By END USER INDUSTRY
10.3.2. Market Size & Forecast, by PRODUCT TYPE
10.3.3. Market Size & Forecast, by FUEL TYPE
10.4. Germany
10.4.1. Market Size & Forecast, By END USER INDUSTRY
10.4.2. Market Size & Forecast, by PRODUCT TYPE
10.4.3. Market Size & Forecast, by FUEL TYPE
10.5. France
10.5.1. Market Size & Forecast, By END USER INDUSTRY
10.5.2. Market Size & Forecast, by PRODUCT TYPE
10.5.3. Market Size & Forecast, by FUEL TYPE
10.6. U.K.
10.6.1. Market Size & Forecast, By END USER INDUSTRY
10.6.2. Market Size & Forecast, by PRODUCT TYPE
10.6.3. Market Size & Forecast, by FUEL TYPE
10.7. Italy
10.7.1. Market Size & Forecast, By END USER INDUSTRY
10.7.2. Market Size & Forecast, by PRODUCT TYPE
10.7.3. Market Size & Forecast, by FUEL TYPE
10.8. Spain
10.8.1. Market Size & Forecast, By END USER INDUSTRY
10.8.2. Market Size & Forecast, by PRODUCT TYPE
10.8.3. Market Size & Forecast, by FUEL TYPE
10.9. Benelux
10.9.1. Market Size & Forecast, By END USER INDUSTRY
10.9.2. Market Size & Forecast, by PRODUCT TYPE
10.9.3. Market Size & Forecast, by FUEL TYPE
10.10. Rest of Europe
10.10.1. Market Size & Forecast, By END USER INDUSTRY
10.10.2. Market Size & Forecast, by PRODUCT TYPE
10.10.3. Market Size & Forecast, by FUEL TYPE
CHAPTER 11: ASIA-PACIFIC MARKET ANALYSIS
11.1. Introduction
11.2. INDUSTRIAL HEATING EQUIPMENT Market by Country
11.3. Asia Pacific Cloud Storage Market by Country, USD Million 2019-2031
11.3.1. Market Size & Forecast, By END USER INDUSTRY
11.3.2. Market Size & Forecast, by PRODUCT TYPE
11.3.3. Market Size & Forecast, by FUEL TYPE
11.4. China
11.4.1. Market Size & Forecast, By END USER INDUSTRY
11.4.2. Market Size & Forecast, by PRODUCT TYPE
11.4.3. Market Size & Forecast, by FUEL TYPE
11.5. India
11.5.1. Market Size & Forecast, By END USER INDUSTRY
11.5.2. Market Size & Forecast, by PRODUCT TYPE
11.5.3. Market Size & Forecast, by FUEL TYPE
11.6. Japan
11.6.1. Market Size & Forecast, By END USER INDUSTRY
11.6.2. Market Size & Forecast, by PRODUCT TYPE
11.6.3. Market Size & Forecast, by FUEL TYPE
11.7. Australia
11.7.1. Market Size & Forecast, By END USER INDUSTRY
11.7.2. Market Size & Forecast, by PRODUCT TYPE
11.7.3. Market Size & Forecast, by FUEL TYPE
11.8. South Korea
11.8.1. Market Size & Forecast, By END USER INDUSTRY
11.8.2. Market Size & Forecast, by PRODUCT TYPE
11.8.3. Market Size & Forecast, by FUEL TYPE
11.9. Souethest Asia
11.9.1. Market Size & Forecast, By END USER INDUSTRY
11.9.2. Market Size & Forecast, by PRODUCT TYPE
11.9.3. Market Size & Forecast, by FUEL TYPE
11.10. Rest of Asia Pacific
11.10.1. Market Size & Forecast, By END USER INDUSTRY
11.10.2. Market Size & Forecast, by PRODUCT TYPE
11.10.3. Market Size & Forecast, by FUEL TYPE
CHAPTER 12: LATIN AMERICA AND THE CARIBBEAN MARKET ANALYSIS
12.1. Introduction
12.2. INDUSTRIAL HEATING EQUIPMENT Market by Country
12.3. Latin America INDUSTRIAL HEATING EQUIPMENT Market by Country, USD Million 2019-2031
12.3.1. Market Size & Forecast, By END USER INDUSTRY
12.3.2. Market Size & Forecast, by PRODUCT TYPE
12.3.3. Market Size & Forecast, by FUEL TYPE
12.4. Brazil
12.4.1. Market Size & Forecast, By END USER INDUSTRY
12.4.2. Market Size & Forecast, by PRODUCT TYPE
12.4.3. Market Size & Forecast, by FUEL TYPE
12.5. Mexico
12.5.1. Market Size & Forecast, By END USER INDUSTRY
12.5.2. Market Size & Forecast, by PRODUCT TYPE
12.5.3. Market Size & Forecast, by FUEL TYPE
12.6. Rest of Latin America
12.6.1. Market Size & Forecast, By END USER INDUSTRY
12.6.2. Market Size & Forecast, by PRODUCT TYPE
12.6.3. Market Size & Forecast, by FUEL TYPE
CHAPTER 13: THE MIDDLE EAST AND AFRICA MARKET ANALYSIS
13.1. Introduction
13.2. INDUSTRIAL HEATING EQUIPMENT Market by Country
13.3. MEA INDUSTRIAL HEATING EQUIPMENT Market by Country, USD Million 2019-2031
13.3.1. Market Size & Forecast, By END USER INDUSTRY
13.3.2. Market Size & Forecast, by PRODUCT TYPE
13.3.3. Market Size & Forecast, by FUEL TYPE
13.4. South Africa
13.4.1. Market Size & Forecast, By END USER INDUSTRY
13.4.2. Market Size & Forecast, by PRODUCT TYPE
13.4.3. Market Size & Forecast, by FUEL TYPE
13.5. Saudi Arabia
13.5.1. Market Size & Forecast, By END USER INDUSTRY
13.5.2. Market Size & Forecast, by PRODUCT TYPE
13.5.3. Market Size & Forecast, by FUEL TYPE
13.6. UAE
13.6.1. Market Size & Forecast, By END USER INDUSTRY
13.6.2. Market Size & Forecast, by PRODUCT TYPE
13.6.3. Market Size & Forecast, by FUEL TYPE
13.7. Rest of MEA
13.7.1. Market Size & Forecast, By END USER INDUSTRY
13.7.2. Market Size & Forecast, by PRODUCT TYPE
13.7.3. Market Size & Forecast, by FUEL TYPE
CHAPTER 14: COMPETITIVE LANDSCAPE
14.1. Introduction
14.2. Market Player Positioning, 2022
14.3. Company Evaluation Matrix
14.4. Product Mapping of Top 10 Player
14.5. Market Opportunities and Future Trends
14.6. Competitive Heatmap
14.7. Top Winning Growth Strategies
14.7.1. Major Growth Strategies
14.7.2. Expansion
14.7.3. Merger and Acquisition
14.7.4. Other Developments
CHAPTER 15: COMPANY PROFILES
15.1. Ingersoll Rand Inc.
15.1.1. Company Overview
15.1.2. Key Executives
15.1.3. Financial Overview
15.1.4. Business Segment Analysis
15.1.5. Product Portfolio
15.1.6. Key Strategic Developments
15.2. EASCO BOILER CORP
15.3. Carrier
15.4. Danfoss A/S
15.5. Uponor Corporation
15.6. McKenna Boiler Works Inc.
15.7. Lennox International Inc.
15.8. Emerson Electric Co.
15.9. THERMCRAFT INC. (AECO Corp.)
15.10. Johnson Controls
15.11. Others””;}i:1;a:3:{s:5:””title””;s:16:””Tables & Figures””;s:2:””id””;s:14:””tables-figures””;s:7:””content””;s:12292:””LIST OF TABLES
Table 1. Global INDUSTRIAL HEATING EQUIPMENT Market INDUSTRY SNAPSHOT, 2022-2031
Table 2. Global INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 3. Global INDUSTRIAL HEATING EQUIPMENT Market OIL AND GAS, BY REGION-2019-2031 (USD MILLION)
Table 4. Global INDUSTRIAL HEATING EQUIPMENT Market METAL AND MINING, BY REGION-2019-2031 (USD MILLION)
Table 5. Global INDUSTRIAL HEATING EQUIPMENT Market CHEMICAL, BY REGION-2019-2031 (USD MILLION)
Table 6. Global INDUSTRIAL HEATING EQUIPMENT Market OTHERS, BY REGION-2019-2031 (USD MILLION)
Table 7. Global INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE SIZE-2019-2031 (USD MILLION)
Table 8. Global INDUSTRIAL HEATING EQUIPMENT Market HEAT PUMPS, BY REGION-2019-2031 (USD MILLION)
Table 9. Global INDUSTRIAL HEATING EQUIPMENT Market FURNACES, BY REGION-2019-2031 (USD MILLION)
Table 10. Global INDUSTRIAL HEATING EQUIPMENT Market BOILERS, BY REGION-2019-2031 (USD MILLION)
Table 11. Global INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE -2019-2031 (USD MILLION)
Table 12. Global INDUSTRIAL HEATING EQUIPMENT Market FOSSIL FUEL, BY REGION-2019-2031 (USD MILLION)
Table 13. Global INDUSTRIAL HEATING EQUIPMENT Market ELECTRIC, BY REGION-2019-2031 (USD MILLION)
Table 14. NORTH AMERICA INDUSTRIAL HEATING EQUIPMENT Market BY COUNTRY, USD MILLION 2019-2031
Table 15. NORTH AMERICA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 16. NORTH AMERICA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 17. NORTH AMERICA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 18. U.S. INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 19. U.S. INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 20. U.S. INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 21. CANADA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 22. CANADA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 23. CANADA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 24. EUROPE INDUSTRIAL HEATING EQUIPMENT Market BY COUNTRY, USD MILLION 2019-2031
Table 25. EUROPE INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 26. EUROPE INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 27. EUROPE INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 28. GERMANY INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 29. GERMANY INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 30. GERMANY INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 31. FRANCE INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 32. FRANCE INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 33. FRANCE INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 34. UK INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 35. UK INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 36. UK INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 37. ITALY INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 38. ITALY INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 39. ITALY INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 40. SPAIN INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 41. SPAIN INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 42. SPAIN INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 43. BENELUX INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 44. BENELUX INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 45. BENELUX INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 46. REST OF EUROPE INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 47. REST OF EUROPE INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 48. REST OF EUROPE INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 49. ASIA PACIFIC INDUSTRIAL HEATING EQUIPMENT Market BY COUNTRY, USD MILLION 2019-2031
Table 50. ASIA PACIFIC INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 51. ASIA PACIFIC INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 52. ASIA PACIFIC INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 53. CHINA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 54. CHINA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 55. CHINA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 56. INDIA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 57. INDIA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 58. INDIA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 59. JAPAN INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 60. JAPAN INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 61. JAPAN INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 62. AUSTRALIA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 63. AUSTRALIA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 64. AUSTRALIA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 65. SOUTH KOREA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 66. SOUTH KOREA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 67. SOUTH KOREA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 68. SOUETHEST ASIA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 69. SOUETHEST ASIA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 70. SOUETHEST ASIA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 71. REST OF ASIA PACIFIC INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 72. REST OF ASIA PACIFIC INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 73. REST OF ASIA PACIFIC INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 74. LATIN AMERICA INDUSTRIAL HEATING EQUIPMENT Market BY COUNTRY, USD MILLION 2019-2031
Table 75. LATIN AMERICA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 76. LATIN AMERICA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 77. LATIN AMERICA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 78. BRAZIL INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 79. BRAZIL INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 80. BRAZIL INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 81. MEXICO INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 82. MEXICO INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 83. MEXICO INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 84. REST OF LATIN AMERICA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 85. REST OF LATIN AMERICA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 86. REST OF LATIN AMERICA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 87. MEA INDUSTRIAL HEATING EQUIPMENT Market BY COUNTRY, USD MILLION 2019-2031
Table 88. MEA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 89. MEA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 90. MEA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 91. SOUTH AFRICA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 92. SOUTH AFRICA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 93. SOUTH AFRICA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 94. SAUDI ARABIA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 95. SAUDI ARABIA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 96. SAUDI ARABIA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 97. UAE INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 98. UAE INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 99. UAE INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 100. REST OF MEA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2019-2031 (USD MILLION)
Table 101. REST OF MEA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2019-2031 (USD MILLION)
Table 102. REST OF MEA INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE – 2019-2031 (USD MILLION)
Table 103. KEY EXPANSIONS (2019-2022)
Table 104. KEY MERGERS AND ACQUISITION (2019-2022)
Table 105. OTHER KEY DEVELOPMENTS (2019-2022)
LIST OF FIGURES
Figure 1. REGIONAL ANALYSIS (2022 & 2031)
Figure 2. RESEARCH PROCESS
Figure 3. ANALYSIS FRAMEWORK
Figure 4. IMPACT OF KEY REGULATION ON THE MARKET
Figure 5. SWOT ANALYSIS
Figure 6. Global INDUSTRIAL HEATING EQUIPMENT Market SHARE, by END USER INDUSTRY -2023 & 2031 (USD MILLION)
Figure 7. Global INDUSTRIAL HEATING EQUIPMENT Market, OIL AND GAS -2019-2031 (USD MILLION)
Figure 8. Global INDUSTRIAL HEATING EQUIPMENT Market, METAL AND MINING -2019-2031 (USD MILLION)
Figure 9. Global INDUSTRIAL HEATING EQUIPMENT Market, CHEMICAL -2019-2031 (USD MILLION)
Figure 10. Global INDUSTRIAL HEATING EQUIPMENT Market, OTHERS -2019-2031 (USD MILLION)
Figure 11. Global INDUSTRIAL HEATING EQUIPMENT Market SHARE, by PRODUCT TYPE -2023 & 2031 (USD MILLION)
Figure 12. Global INDUSTRIAL HEATING EQUIPMENT Market, HEAT PUMPS -2019-2031 (USD MILLION)
Figure 13. Global INDUSTRIAL HEATING EQUIPMENT Market, FURNACES -2019-2031 (USD MILLION)
Figure 14. Global INDUSTRIAL HEATING EQUIPMENT Market, BOILERS -2019-2031 (USD MILLION)
Figure 15. Global INDUSTRIAL HEATING EQUIPMENT Market SHARE, by FUEL TYPE -2023 & 2031 (USD MILLION)
Figure 16. Global INDUSTRIAL HEATING EQUIPMENT Market, FOSSIL FUEL -2019-2031 (USD MILLION)
Figure 17. Global INDUSTRIAL HEATING EQUIPMENT Market, ELECTRIC -2019-2031 (USD MILLION)
Figure 18. MARKET PLAYER POSITIONING, 2022
Figure 19. COMPANY EVALUATION MATRIX
Figure 20. PRODUCT MAPPING OF TOP 10 PLAYERS
Figure 21. COMPETITIVE HEATMAP OF KEY PLAYERS””;}}”

Tables & Figures

Frequently Asked Questions (FAQ):

  • What are the primary product types in the global industrial heating equipment market?

    The primary product types are heat pumps, furnaces, and boilers.

  • Which regions are leading the growth in the industrial heating equipment market?

    North America and Asia Pacific are leading the growth in this market.

  • What are the key factors driving the demand for industrial heating equipment?

    Rising industrialization, technological advancements, and stringent regulatory standards are key drivers of demand.

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