Global Heating Radiator Market Size & Outlook, 2021-2030
Global heating radiator market, 2018-2030 (US$M)
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Global heating radiator market highlights
- The global heating radiator market generated a revenue of USD 4,457.8 million in 2021 and is expected to reach USD 6,602.3 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 4.5% by 2030.
- In terms of segment, commercial accounted for a revenue of USD 1,693.5 million in 2021.
- Residencial is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2021.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 4,457.8 million |
| Market revenue in 2030 | USD 6,602.3 million |
| Growth rate | 4.5% (CAGR from 2022 to 2030) |
| Largest segment | Commercial |
| Fastest growing segment | Residencial |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residencial, Industrial, Commercial |
Other key industry trends
- In terms of revenue, the North America accounted for 23.8% of the global heating radiator market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 126.4 million by 2030.
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Heating Radiator Market Scope
Heating Radiator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hunt Heating | View profile | 11-50 | Keysborough, Victoria, Australia, Oceania | https://www.huntheat.com.au/ |
| IRSAP S.p.a. | View profile | 1001-5000 | Polesine, Lombardia, Italy, Europe | https://www.irsap.it/ |
| Purmo | View profile | 1-10 | Helsinki, Southern Finland, Finland, Europe | https://global.purmo.com |
| U.S. Boiler Company | View profile | 251-500 | Lancaster, Pennsylvania, United States, North America | https://www.usboiler.net/ |
| Vasco Group | View profile | 501-1000 | Dilsen, Limburg, Belgium, Europe | https://vasco-group.eu |
| Korado Bulgaria | View profile | - | Strazhitsa, Veliko Turnovo, Bulgaria, Europe | http://www.korado.bg |
| Runtal North America | View profile | 101-250 | Boston, Massachusetts, United States, North America | https://runtalnorthamerica.com/ |
Global heating radiator market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to heating radiator market will help companies and investors design strategic landscapes.
Commercial was the largest segment with a revenue share of 37.99% in 2021. Horizon Databook has segmented the Global heating radiator market based on residencial, industrial, commercial covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Heating Radiator Application Outlook (Revenue, USD Million, 2018-2030)
- Residencial
- Industrial
- Commercial
- Global Heating Radiator Product Outlook (Revenue, USD Million, 2018-2030)
- Hydronic Heating Radiator
- Electric Heating Radiator
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Our clientele includes a mix of heating radiator market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global heating radiator market , including forecasts for subscribers. This global databook contains high-level insights into Global heating radiator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global heating radiator market size, by regions, 2018-2030 (US$M)
Top 10 countries: Heating radiator market size, 2021 (US$M)
Global heating radiator market share, by application, 2021 & 2030 (%, US$M)
Heating radiator market: Opportunity assessment by country
Global heating radiator market, by region, 2021 (US$M)
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