Pune, India, Oct. 04, 2021 (GLOBE NEWSWIRE) -- According to MarketStudyReport, global industrial heating equipment market is likely to generate lucrative revenues between 2021 and 2027. Factors including growing demand for steam boilers coupled with surging investments towards improving power generation capabilities are fueling the overall market size.
The document delivers detailed information regarding the market segmentations as well as highlights the key contributors towards the overall industry remuneration. The geographical scope of this business space as well as the competitive scenario is also included in the study, ensuring improved decision making among potential investors and entrepreneurs.
Industrial heating equipment generally refer to the heating systems that combines essential technologies to deliver heat to any particular industrial process. It ensures that the required end-product quality is achieved as well as helps in maximizing productivity at affordable costs.
Request Sample copy of this Report @ https://www.marketstudyreport.com/request-a-sample/4164279/
Thus, increasing popularity of geothermal heat pump and rising demand for continuous energy supply are stimulating global industrial heating equipment industry outlook. According to Statista, the global industrial energy consumption accounted for 238.9 quadrillion British thermal units in the year 2018 and is likely to reach 316.7 quadrillion British thermal units by 2050.
Despite the several growth stimulants, strict regulatory outlook pertaining to environmental pollution may act as a restraining factor to the overall market expansion.
Highlighting the market segmentations
Global industrial heating equipment industry has been segmented on the basis of product type, fuel type, and end-user scope. Speaking of the product type, the market is further bifurcated into boilers, furnaces, and heat pumps.
Moving on to fuel type, the industry is classified into electric and fossil fuel segments. The end-user scope of this business domain involves chemical, metal & mining, oil & gas, and others.
Summarizing the regional scope
Worldwide industrial heating equipment market, based on its geographical reach, is categorized into North America, Asia-Pacific, Latin America, Europe, and the rest of the world.
Among these, Asia-Pacific currently accounts for the largest market share and is likely to witness consistent growth in the ensuing years. This can be attributed to growing energy demand, improving power generation capacities, and widespread adoption across various end-users, especially in China and India.
To access a sample copy or view this report in detail along with the table of contents, please click the link below:
https://www.marketstudyreport.com/reports/global-industrial-heating-equipment-market-size-research
Global Industrial Heating Equipment Market Product Landscape (Revenue, USD Billion, 2018-2027)
- Boilers
- Furnaces
- Heat Pumps
Global Industrial Heating Equipment Market by Fuel Type (Revenue, USD Billion, 2018-2027)
- Electric
- Fossil Fuel
Global Industrial Heating Equipment Market End-user Analysis (Revenue, USD Billion, 2018-2027)
- Chemical
- Metal & Mining
- Oil & Gas
- Others
Global Industrial Heating Equipment Market Regional Forecast (Revenue, USD Billion, 2018-2027)
North America
- United States
- Canada
Latin America
- Mexico
- Brazil
Europe
- United Kingdom
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- India
- South Korea
- Australia
- China
- Japan
- Rest of Asia-Pacific
Rest of the World
Global Industrial Heating Equipment Market Competitive Outlook (Revenue, USD Billion, 2018-2027)
- Uponor Oyj
- Thermcraft Inc.
- McKenna Boiler Works Inc.
- Lennox International Inc.
- Johnson Controls International
- Ingersoll Rand Inc.
- Emerson Electric Co.
- Easco Boiler Corp.
- Danfoss
- Carrier Global Corporation
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Industrial Heating Equipment Market, by region, 2019-2027 (USD Billion)
1.2.2. Industrial Heating Equipment Market, by Product Type, 2019-2027 (USD Billion)
1.2.3. Industrial Heating Equipment Market, by Fuel Type, 2019-2027 (USD Billion)
1.2.4. Industrial Heating Equipment Market, by End-User Industry, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Industrial Heating Equipment Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Industrial Heating Equipment Market Dynamics
3.1. Industrial Heating Equipment Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Rise in demand for steam boilers from various end-use industries
3.1.1.2. Increase in investment toward adding power generation capacity
3.1.2. Market Restraint
3.1.2.1. Implementation of stringent government regulations toward environmental pollution
3.1.3. Market Opportunities
3.1.3.1. Increase in popularity of geothermal heat pump technology
Chapter 4. Global Industrial Heating Equipment Market Industry Analysis
4.1. Porter's 5 Force Model
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 Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Industrial Heating Equipment Market, by Product Type
a. Market Snapshot
5.1. Global Industrial Heating Equipment Market by Product Type, Performance - Potential Analysis
5.2. Global Industrial Heating Equipment Market Estimates & Forecasts by Product Type 2018-2027 (USD Billion)
5.3. Industrial Heating Equipment Market, Sub Segment Analysis
5.3.1. Heat pumps
5.3.2. Furnaces
5.3.3. Boilers
Chapter 6. Global Industrial Heating Equipment Market, by Fuel Type
b. Market Snapshot
6.1. Global Industrial Heating Equipment Market by Fuel Type, Performance - Potential Analysis
6.2. Global Industrial Heating Equipment Market Estimates & Forecasts by Fuel Type 2018-2027 (USD Billion)
6.3. Industrial Heating Equipment Market, Sub Segment Analysis
6.3.1. Fossil fuel
6.3.2. Electric
Chapter 7. Global Industrial Heating Equipment Market, by End-User Industry
c. Market Snapshot
7.1. Global Industrial Heating Equipment Market by End-User Industry, Performance - Potential Analysis
7.2. Global Industrial Heating Equipment Market Estimates & Forecasts by End-User Industry 2018-2027 (USD Billion)
7.3. Industrial Heating Equipment Market, Sub Segment Analysis
7.3.1. Oil & gas
7.3.2. Metal & mining
7.3.3. Chemical
7.3.4. Others
Chapter 8. Global Industrial Heating Equipment Market, Regional Analysis
Related Report:
Underfloor Heating Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 - 2026
Global Underfloor heating market is expected to witness a lucrative rate of growth over the forthcoming time period owing to the growing demand for cost-effective heating and due to rapid commercialization & urbanization. The underfloor heating utilizes the principle of waves of heat rising through the air. This could either be a dry system, wherein electric coils are positioned under the floor which will heat up the system once it is turned on, or it could be a wet system in which pumps warm up the water through pipes under the floor. This method along with radiant heat released from the floor carries warmth to the floor level and gives more heat distribution than traditional heating methods. This implies that the whole floor acts as a huge radiant heating system, which warms people rather than objects implying that there is no danger of overheating or wastage of energy. The underfloor heating offers benefits like comfort, ease of installation. It is possible to install the electric based underfloor heating systems at home without any discomfort. The heating system tends to distribute heat consistently around each room. Since the heat is evenly distributed in all rooms, it is considered to be an efficient method of heating in comparison to a radiator. In addition to this, it is considered a very desirable feature for home buyers, so having an underfloor heating device would be an added advantage to any property.
About US:
Market Study Report is a hub for market intelligence products and services.
We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.
Our customers partner with Market Study Report to ease their search and evaluation of market intelligence products and services and in turn focus on their company's core activities.
If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report. is the platform that can help you in achieving any of these objectives.
