North America Heating Equipment Market Forecast to 2027 by Danfoss, Daikin Industries, Ltd.,Emerson Electric Co., Johnson Controls, Inc.
The US, Canada, and Mexico are major economies in North America. The changing climate has led to an increase in demand for electrical cooling systems in summer and natural gas, fuel oil, wood and electrical heating equipment in winter. In addition, climate change damages the energy use of buildings and affects air conditioning loads that vary depending on the ambient temperature and humidity. In the US, the energy efficiency of heating equipment is expected to improve with the introduction of new government regulations. This provides the key to the smart heating equipment for most modern building heating and air conditioning units.
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Manufacturing and supply chains have been disrupted by a lockdown and bans on transport in many countries. There has been economic stagnation and uncertainty in the manufacturing sector. In addition, school and workplace closures also reduced the commercial demand for heating appliances.. However, major growth is expected over the next few years from the efforts of key players in product creation and innovation.
North America Heating Equipment Market – by Product
North America Heating Equipment Market – by End-user
North America Heating Equipment Market – by Country
North America Heating Equipment Market – Companies Mentioned
Carrier Global Corporation
Daikin Industries, Ltd.
Emerson Electric Co.
Haier Group Corporation
Johnson Controls, Inc.
Lennox International, Inc.
Robert Bosch GmbH
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