Press release
Unit Heater Market US$ 5,417.1 million by 2028 Growth Forecast at 5.4% CAGR During 2021 to 2028
Unit Heater Market: Key InsightsAccording to our new research study on “Unit Heaters Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Installation, Application, Product Type, and Geography,” the market is projected to reach US$ 5,417.1 million by 2028 from US$ 3,740.3 million in 2021; it is expected to grow at a CAGR of 5.4% during the forecast period of 2021 to 2028.
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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. 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.
In 2021, Dunham-Bush signed a contract with the historic Bath Abbey to provide EC motors unit heaters and convector heaters.
In 2021, Trane established its new operation in Las Vegas. The company focuses on sales of its ventilating and air-conditioning (HVAC) systems, connected building solutions, heating, ventilating, and air-conditioning (HVAC) systems, and aftermarket parts. It is also planning to partner with technicians, engineers, civil contractors, and facility providers to offer heating solutions and increase its business.
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
Unit Heater Market: Competitive Landscape and Key Developments
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. are among the major companies operating in the unit heaters market.
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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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