Press release
Air Heating Appliance Market Research Highlights 2027 |Key Insights Alfa, Daikin Industries
Air Heating Appliance Market
In 2019, Asia-Pacific region dominated the global air heating appliance market, in terms of revenue, accounting for around 49.4% share of the global air heating appliance industry, followed by Europe and North America.
Moreover, owing to increase in cases of COVID-19 in the UK, vehicle manufacturers are also focusing on the adoption of Ultraviolet light for killing pathogens in the heating appliance. For instance, in April 2020, Jaguar Land Rover Automatic Plc, a subsidiary of Jaguar Land Rover Limited, based in the UK, is working on new innovation of ultraviolet (UV-c) light as a part of heating systems.
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Top Impacting Factors:
The increase in urbanization & industrialization in emerging countries such as India, China, the U.S., and others drives the demand for the air heating appliance market. In addition, stringent regulations considering the environmental norms have enforced various commercial organizations and industries to install heating equipment in their operating areas.
Furthermore, surge in demand for remote access control systems, which are easy to operate fosters the growth in investments of the market by the commercial, industrial, and residential end users. This growth in investments of the market has led to the development of advanced heating equipment that has various sensors and that can be operated from remote locations. Development in the infrastructure of residential, commercial, and industrial buildings has also increased the demand for heating equipment in the market.
However, increase in competition among domestic manufacturers and the presence of substitutes and duplicate products are anticipated to hampers the growth of the air heating appliance market. An increase in government initiatives in terms of improving the energy efficiency in various industries such as automotive, power, and mining is projected to provide lucrative opportunities for the growth of the market during the forecast period.
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Key Segments:
By Type:
• Space Heating Appliance
• Water Heating Appliance
• Air Heating Appliance
By Fuel Type:
• Gas Powered Heating Appliance
• Oil Powered Heating Appliance
• Electricity Powered Heating Appliance
• Solar Energy Powered Heating Appliance
Market By End-user:
• Residential
• Commercial
• Industrial
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Top Players:
The key players profiled in the air heating appliance market report include Alfa Laval Corporate AB, Daikin Industries, Ltd, Danfoss A/S, Emerson Electric Co., General Electric Company, Ingersoll-Rand Plc, Johnson Controls International Plc, Lennox International Inc, Robert Bosch GmbH, and Vaillant Group.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, DE. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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