Industrial Heating Equipment Market Boosts the Demand in China, India, Japan, and Brazil..
The industrial heating equipment market was valued at $36.9 billion in 2020, and is expected to reach $64.1 billion by 2030, registering a CAGR of 5.8% from 2021 to 2030.
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The industrial heating equipment market is driven by rise in demand for steam boilers from various end-use industries such as chemical, pharmaceutical and others. With industrialization and urbanization in emerging countries in LAMEA and Asia-Pacific region, demand for steam boilers has significantly increased in the past few years.
Key Market Players
Carrier, Easco Boiler Corp., Emerson Electric Co., Ingersoll Rand Inc., Johnson Controls, Inc., Lennox International Inc., McKenna Boiler Works Inc., The Danfoss Group, Thermcraft, Inc. and Uponor Corporation.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging industrial heating equipment market trends and dynamics.
In-depth industrial heating equipment market analysis is conducted by estimations for the key segments between 2021 and 2030.
Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.
A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
The market forecast analysis from 2021 to 2030 is included in the report.
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Key Market Segments
By Product Type
By Fuel Type
By End-user Industry
Oil & gas
Metal & mining
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