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Residential Furnace Market 2019 Analysis and Precise Outlook - Bryant, Rheem, Daikin, Luxaire, Rudd, Amana

05-27-2020 10:41 PM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The report titled "Residential Furnace Market" report will be very useful to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, SWOT analysis, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners, and industry experts.

The global Residential Furnace market is valued at 105370 million US$ in 2020 is expected to reach 148730 million US$ by the end of 2026, growing at a CAGR of 5.0% during 2021-2026.

A furnace is a device used for high-temperature heating. The name derives from Latin word fornax, which means oven. The heat energy to fuel a furnace may be supplied directly by fuel combustion, by electricity such as the electric arc furnace, or through induction heating in induction furnaces.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Residential Furnace Market: York, Carrier, Lennox, Bryant, Rheem, Daikin, Luxaire, Rudd, Amana, Boyer Town Furnace, etc. and others.

News Update:

MILWAUKEE, Nov. 17, 2016 (York)

In addition to special designations, homeowners should consider furnace energy efficiency ratings, which for gas furnaces are expressed as Annual Fuel Utilization Efficiency (AFUE). The YORK Affinity gas furnace boasts an efficiency rating of 98 percent AFUE, which means the unit converts 98 percent of its useable energy to heat a home, providing more heat for less money. Because the furnace meets or exceeds U.S. Environmental Protection Agency energy efficiency standards of 90 percent AFUE, the gas furnace also qualifies as an ENERGY STAR product.

The Affinity furnace also ensures homeowner comfort, thanks in part to its modulating burner design, which evenly replaces the amount of heat leaving the home and helps to maintain the desired temperature setting. Fewer stops and starts and ClimaTrak(TM) technology, which allows the furnace to work best in a particular climate, further contribute to a more comfortable environment

RICHARDSON, Texas, Dec. 4, 2019 (Lennox)

As of Oct. 1, California residents living within the areas impacted by the SCAQMD regulation are required to install an ultra-low emissions furnace. Residents living in areas impacted by the SJVAPCD ruling can pay a fee up to $400 and must comply by March 30, 2020.

"We engineered the Lennox ultra-low emissions furnace line so that California residents can have perfect air inside the home, save energy and help the environment, all while avoiding a fee," said Eric Zito, Director of Product Management - Heating at Lennox Residential. "Not only was Lennox the first company to introduce an ultra-low emissions gas furnace into the market, we now offer four compliant furnaces so homeowners can choose the product that best fits their level of comfort and lifestyle."

Global Residential Furnace Market Split By Product Type and Applications:

This report segments the global Residential Furnace Market on the basis of Types are:
Gas Furnace
Oil Furnace
Electric Furnace
Wood Furnace
Hybrid Furnace

On the basis of Application, the Global Residential Furnace Market is segmented into:
Single-Family
Multifamily

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Regional Analysis For Residential Furnace Market:

For the comprehensive understanding of market dynamics, the global Residential Furnace Market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India, and others. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.

Important Features that are under Offering and Key Highlights of the Reports:

- Detailed overview of Residential Furnace Market.
- Changing market dynamics of the Residential Furnace Market industry.
- In-depth segmentation of Residential Furnace Market by Type, Application, etc.
- Historical, current, and projected market size in terms of volume and value.
- Recent industry trends and developments.
- Competitive landscape of Residential Furnace Market.
- Strategies of key players and product offerings.
- Potential and niche segments/regions exhibiting promising growth.

Browse the report description and TOC:

https://www.marketinsightsreports.com/reports/01091740099/global-residential-furnace-market-research-report-2020?Source=Openpr&Mode=47

We also offer customization on reports based on specific client requirement:

1- Country-level analysis for any 5 countries of your choice.
2- Competitive analysis of any 5 key market players.
3- 40 analyst hours to cover any other data points

Reference and Source:

https://www.johnsoncontrols.com/media-center/news/press-releases/2016/11/17/york-modulating-gas-furnace-receives-consumers-digest-best-buy-designation

https://www.prnewswire.com/news-releases/lennox-residential-expands-ultra-low-emissions-furnace-line-300968680.html

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