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Heating Equipment Market Size, Share & Industry Analysis, By Product Type (Boilers, Heat Pumps, and Furnaces, Unit Heaters), By Fuel Type (Oil, Natural Gas, Electricity, Biomass, and Others), By Application (Residential, Commercial, and Industrial), and Regional Forecast, 2025 – 2032

Last Updated: February 18, 2025 | Format: PDF | Report ID: FBI110363

 

  1. Introduction
    1. Definition, By Segment
    2. Research Methodology/Approach
    3. Data Sources
  2. Executive Summary
  3. Market Dynamics
    1. Macro and Micro Economic Indicators
    2. Drivers, Restraints, Opportunities, and Trends
    3. List of Market Participants
  4. Competition Landscape
    1. Business Strategies Adopted by Key Players
    2. Consolidated SWOT Analysis of Key Players
    3. Global Heating Equipment Key Players Market Share/Ranking, 2024
  5. Import Export Analysis
  6. Global Heating Equipment Market Size Estimates and Forecasts, By Segments, 2019-2032
    1. Key Findings
    2. By Product Type (USD)
      1. Boilers
      2. Heat Pumps
      3. Furnaces
      4. Unit Heaters
    3. By Fuel Type (USD)
      1. Oil
      2. Natural gas
      3. Electricity
      4. Biomass
      5. Others (Coal, etc.)
    4. By Application (USD)
      1. Residential
      2. Commercial
      3. Industrial
        1. Food and Beverages
        2. Oil and Gas
        3. Energy and Power
        4. Chemicals and Petrochemicals
        5. Others (Textile, etc.)
    5. By Region (USD)
      1. North America
      2. South America
      3. Europe
      4. Middle East & Africa
      5. Asia Pacific
  7. North America Heating Equipment Market Size Estimates and Forecasts, By Segments, 2019-2032
    1. Key Findings
    2. By Product Type (USD)
      1. Boilers
      2. Heat Pumps
      3. Furnaces
      4. Unit Heaters
    3. By Fuel Type (USD)
      1. Oil
      2. Natural gas
      3. Electricity
      4. Biomass
      5. Others (Coal, etc.)
    4. By Application (USD)
      1. Residential
      2. Commercial
      3. Industrial
        1. Food and Beverages
        2. Oil and Gas
        3. Energy and Power
        4. Chemicals and Petrochemicals
        5. Others (Textile, etc.)
    5. By Country (USD)
      1. United States
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      2. Canada
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      3. Mexico
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
  8. South America Heating Equipment Market Size Estimates and Forecasts, By Segments, 2019-2032
    1. Key Findings
    2. By Product Type (USD)
      1. Boilers
      2. Heat Pumps
      3. Furnaces
      4. Unit Heaters
    3. By Fuel Type (USD)
      1. Oil
      2. Natural gas
      3. Electricity
      4. Biomass
      5. Others (Coal, etc.)
    4. By Application (USD)
      1. Residential
      2. Commercial
      3. Industrial
        1. Food and Beverages
        2. Oil and Gas
        3. Energy and Power
        4. Chemicals and Petrochemicals
        5. Others (Textile, etc.)
    5. By Country (USD)
      1. Brazil
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      2. Argentina
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      3. Rest of South America
  9. Europe Heating Equipment Market Size Estimates and Forecasts, By Segments, 2019-2032
    1. Key Findings
    2. By Product Type (USD)
      1. Boilers
      2. Heat Pumps
      3. Furnaces
      4. Unit Heaters
    3. By Fuel Type (USD)
      1. Oil
      2. Natural gas
      3. Electricity
      4. Biomass
      5. Others (Coal, etc.)
    4. By Application (USD)
      1. Residential
      2. Commercial
      3. Industrial
        1. Food and Beverages
        2. Oil and Gas
        3. Energy and Power
        4. Chemicals and Petrochemicals
        5. Others (Textile, etc.)
    5. By Country (USD)
      1. United Kingdom
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      2. Germany
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      3. France
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      4. Italy
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      5. Spain
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      6. BENELUX
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      7. Nordics
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      8. Russia
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      9. Rest of Europe
  10. Middle East & Africa Heating Equipment Market Size Estimates and Forecasts, By Segments, 2019-2032
    1. Key Findings
    2. By Product Type (USD)
      1. Boilers
      2. Heat Pumps
      3. Furnaces
      4. Unit Heaters
    3. By Fuel Type (USD)
      1. Oil
      2. Natural gas
      3. Electricity
      4. Biomass
      5. Others (Coal, etc.)
    4. By Application (USD)
      1. Residential
      2. Commercial
      3. Industrial
        1. Food and Beverages
        2. Oil and Gas
        3. Energy and Power
        4. Chemicals and Petrochemicals
        5. Others (Textile, etc.)
    5. By Country (USD)
      1. GCC Countries
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      2. South Africa
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      3. Rest of MEA
  11. Asia Pacific Heating Equipment Market Size Estimates and Forecasts, By Segments, 2019-2032
    1. Key Findings
    2. By Product Type (USD)
      1. Boilers
      2. Heat Pumps
      3. Furnaces
      4. Unit Heaters
    3. By Fuel Type (USD)
      1. Oil
      2. Natural gas
      3. Electricity
      4. Biomass
      5. Others (Coal, etc.)
    4. By Application (USD)
      1. Residential
      2. Commercial
      3. Industrial
        1. Food and Beverages
        2. Oil and Gas
        3. Energy and Power
        4. Chemicals and Petrochemicals
        5. Others (Textile, etc.)
    5. By Country (USD)
      1. China
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      2. India
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      3. Japan
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      4. South Korea
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      5. ASEAN
        1. By Product Type (USD)
          1. Boilers
          2. Heat Pumps
          3. Furnaces
          4. Unit Heaters
      6. Rest of Asia Pacific
  12. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
    1. Johnson Controls, Inc.
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    2. Midea Group 
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    3. Carrier
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    4. Emerson Electric Co.  
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    5. Trane Technologies
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    6. Robert Bosch GmbH
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    7. Panasonic Holdings Corporation
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    8. Mitsubishi Electric Corporation
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    9. Danfoss
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    10. Daikin Industries Ltd.
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
Read Less

Figure 1: Global Heating Equipment Market Revenue Share (%), 2024 and 2032

Figure 2: Global Heating Equipment Market Revenue Share (%), By Product Type, 2024 and 2032

Figure 3: Global Heating Equipment Market Revenue Share (%), By Fuel Type, 2024 and 2032

Figure 4: Global Heating Equipment Market Revenue Share (%), By Application, 2024 and 2032

Figure 5: Global Heating Equipment Market Revenue Share (%), By Region, 2024 and 2032

Figure 6: North America Heating Equipment Market Revenue Share (%), 2024 and 2032

Figure 7: North America Heating Equipment Market Revenue Share (%), By Product Type, 2024 and 2032

Figure 8: North America Heating Equipment Market Revenue Share (%), By Fuel Type, 2024 and 2032

Figure 9: North America Heating Equipment Market Revenue Share (%), By Application, 2024 and 2032

Figure 10: North America Heating Equipment Market Revenue Share (%), By Country, 2024 and 2032

Figure 11: South America Heating Equipment Market Revenue Share (%), 2024 and 2032

Figure 12: South America Heating Equipment Market Revenue Share (%), By Product Type, 2024 and 2032

Figure 13: South America Heating Equipment Market Revenue Share (%), By Fuel Type, 2024 and 2032

Figure 14: South America Heating Equipment Market Revenue Share (%), By Application, 2024 and 2032

Figure 15: South America Heating Equipment Market Revenue Share (%), By Country, 2024 and 2032

Figure 16: Europe Heating Equipment Market Revenue Share (%), 2024 and 2032

Figure 17: Europe Heating Equipment Market Revenue Share (%), By Product Type, 2024 and 2032

Figure 18: Europe Heating Equipment Market Revenue Share (%), By Fuel Type, 2024 and 2032

Figure 19: Europe Heating Equipment Market Revenue Share (%), By Application, 2024 and 2032

Figure 20: Europe Heating Equipment Market Revenue Share (%), By Country, 2024 and 2032

Figure 21: Middle East & Africa Heating Equipment Market Revenue Share (%), 2024 and 2032

Figure 22: Middle East & Africa Heating Equipment Market Revenue Share (%), By Product Type, 2024 and 2032

Figure 23: Middle East & Africa Heating Equipment Market Revenue Share (%), By Fuel Type, 2024 and 2032

Figure 24: Middle East & Africa Heating Equipment Market Revenue Share (%), By Application, 2024 and 2032

Figure 25: Middle East & Africa Heating Equipment Market Revenue Share (%), By Country, 2024 and 2032

Figure 26: Asia Pacific Heating Equipment Market Revenue Share (%), 2024 and 2032

Figure 27: Asia Pacific Heating Equipment Market Revenue Share (%), By Product Type, 2024 and 2032

Figure 28: Asia Pacific Heating Equipment Market Revenue Share (%), By Fuel Type, 2024 and 2032

Figure 29: Asia Pacific Heating Equipment Market Revenue Share (%), By Application, 2024 and 2032

Figure 30: Asia Pacific Heating Equipment Market Revenue Share (%), By Country, 2024 and 2032

Figure 31: Global Heating Equipment Market Key Players' Market Revenue Share (%), 2024

Table 1: Global Heating Equipment Market Size Estimates and Forecasts, 2019 – 2032

Table 2: Global Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 3: Global Heating Equipment Market Size Estimates and Forecasts, By Fuel Type, 2019 – 2032

Table 4: Global Heating Equipment Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 5: Global Heating Equipment Market Size Estimates and Forecasts, By Region, 2019 – 2032

Table 6: North America Heating Equipment Market Size Estimates and Forecasts, 2019 – 2032

Table 7: North America Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 8: North America Heating Equipment Market Size Estimates and Forecasts, By Fuel Type, 2019 – 2032

Table 9: North America Heating Equipment Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 10: North America Heating Equipment Market Size Estimates and Forecasts, By Country, 2019 – 2032

Table 11: U.S. Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 12: Canada Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 13: Mexico Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 14: South America Heating Equipment Market Size Estimates and Forecasts, 2019 – 2032

Table 15: South America Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 16: South America Heating Equipment Market Size Estimates and Forecasts, By Fuel Type, 2019 – 2032

Table 17: South America Heating Equipment Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 18: South America Heating Equipment Market Size Estimates and Forecasts, By Country, 2019 – 2032

Table 19: Brazil Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 20: Argentina Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 21: Europe Heating Equipment Market Size Estimates and Forecasts, 2019 – 2032

Table 22: Europe Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 23: Europe Heating Equipment Market Size Estimates and Forecasts, By Fuel Type, 2019 – 2032

Table 24: Europe Heating Equipment Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 25: Europe Heating Equipment Market Size Estimates and Forecasts, By Country, 2019 – 2032

Table 26: Germany Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 27: U.K. Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 28: France Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 29: Italy Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 30: Spain Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 31: Benelux Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 32: Nordics Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 33: Russia Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 34: Middle East & Africa Heating Equipment Market Size Estimates and Forecasts, 2019 – 2032

Table 35: Middle East & Africa Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 36: Middle East & Africa Heating Equipment Market Size Estimates and Forecasts, By Fuel Type, 2019 – 2032

Table 37: Middle East & Africa Heating Equipment Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 38: Middle East & Africa Heating Equipment Market Size Estimates and Forecasts, By Country, 2019 – 2032

Table 39: GCC Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 40: South Africa Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 41: Asia Pacific Heating Equipment Market Size Estimates and Forecasts, 2019 – 2032

Table 42: Asia Pacific Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 43: Asia Pacific Heating Equipment Market Size Estimates and Forecasts, By Fuel Type, 2019 – 2032

Table 44: Asia Pacific Heating Equipment Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 45: Asia Pacific Heating Equipment Market Size Estimates and Forecasts, By Country, 2019 – 2032

Table 46: China Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 47: Japan Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 48: India Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 49: South Korea Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 50: ASEAN Heating Equipment Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Heating Equipment Market Size, Share and Global Industry Trend Forecast till Heating Equipment Market Size, Share & Industry Analysis, By Product Type (Boilers, Heat Pumps, and Furnaces, Unit Heaters), By Fuel Type (Oil, Natural Gas, Electricity, Biomass, and Others), By Application (Residential, Commercial, and Industrial), and Regional Forecast, 2025 – 2032
  • 2019-2032
  • 2023
  • 2019-2022
  • 160
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