Unit Heater Market to hit US$ 5,417.1 Million By 2028 | CAGR 5.4%: The Insight Partners
As per the Report Published by The Insight Partners, the Global Unit Heater Market accounted for US$ 3,740.3 Million in 2021 and is projected to hit US$ 5,417.1 Million by 2028, growing at a CAGR of 5.4% from 2021 to 2028.Unit heaters are available in various sizes and shapes. The next-generation unit heaters are designed with a greater emphasis on comfort, ease of use, automated operations, and remote control. Currently, unit heaters are integrated with warning indicators, fireproof materials, and explosion-proof features to make them user-friendly.
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NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
Competitive Landscape: Unit Heater Market: Airtherm; Armstrong International Inc; Beacon Morris; Dunham-Bush Limited; KING ELECTRICAL MFG. CO; Kroll Energy GmbH; Reznor HVAC; Thermon Industries, Inc.; Trane; and Turbonics, Inc.
Major manufacturers such as Qubino and Armstrong are working on incorporating intelligent technologies in their unit heaters. Heating equipment offered by Qubino features easy scheduling, remote access, energy tracking, color touchscreen, and sensor technologies.
Manufacturers such as Goodman Manufacturing Company and Qubino are also focusing on integrating the internet of things (IoT) and artificial intelligence (AI) in their unit heaters. Amana—a heating, ventilation, and air conditioning (HVAC) equipment manufacturing company—is engaged in integrating intelligent communicating technology in unit heaters to automate the operations to offer a better consumer experience with high comfort. Furthermore, the incorporation of smart thermostats, Bluetooth connectivity,
The global unit heaters market has been segmented as follows:
Rolling Element Market – by Installation
• Horizontal Unit Heater
• Vertical Unit Heater
• Suspended Unit Heater
Unit heaters Market – by Application
• Commercial
• Industrial
• Residential
Unit heaters Market – by Product Type
• Gas Fired
• Hydronic
• Electric
• Others
To comprehend global Unit Heater market dynamics in the world mainly, the worldwide market is analyzed across major global regions: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), South America (Brazil, Argentina), Middle East & Africa (Saudi Arabia, UAE, Egypt and South Africa).
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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