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Industrial & Residential Heating Market Size
- Report ID: GMI4443
- Published Date: Nov 2019
- Report Format: PDF
Industrial & Residential Heating Market Size
Industrial & Residential Heating Market size was valued at over USD 17 billion in 2019 and annual installation is anticipated to exceed 1 million units by 2026.
Heating system is a device for maintaining indoor temperatures at a suitable level; by utilizing thermal energy within an office, home, or other dwelling, often a part of a HVAC system (heating, ventilation, air conditioning). A heating system may be distributed or a central heating system. The essential mechanism of a central-heating system is an appliance in which wood or fuel is burned to generate heat. The cost of a typical wood or pellet heating equipment including fireplaces & masonry heaters varies from USD 13,000 to USD 21,000 each depending on the design and end use application. The study features a detailed analysis of industry trends across the globe segmented on a regional & country basis across residential & industrial applications. Moreover, the market forecasts & estimates are in line with data represented by authorities including the IEA, DOE, EPA, government regulatory bodies and, company press releases.
| Report Attribute | Details |
|---|---|
| Base Year: | 2019 |
| Industrial & Residential Heating Market Size in 2019: | 17.3 Billion (USD) |
| Forecast Period: | 2020 to 2026 |
| Forecast Period 2020 to 2026 CAGR: | 5.1% |
| 2026 Value Projection: | 24.4 Billion (USD) |
| Historical Data for: | 2015 to 2019 |
| No. of Pages: | 201 |
| Tables, Charts & Figures: | 230 |
| Segments covered: | Wood & Pellet Heating |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Industrial & Residential Heating Market Scope
