Middle East & Africa Heating Radiator Market Size & Outlook
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MEA heating radiator market highlights
- The MEA heating radiator market generated a revenue of USD 291.6 million in 2021.
- The market is expected to grow at a CAGR of 4.9% from 2022 to 2030.
- In terms of segment, commercial was the largest revenue generating application in 2021.
- Residencial is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2022 to 2030.
MEA data book summary
| Market revenue in 2021 | USD 291.6 million |
| Market revenue in 2030 | USD 449.0 million |
| Growth rate | 4.9% (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, MEA region accounted for 6.5% of the global heating radiator market in 2021.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,178.8 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/ |
Middle East & Africa 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 37.65% in 2021. Horizon Databook has segmented the Middle East & Africa heating radiator market based on residencial, industrial, commercial covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to Middle East & Africa heating radiator market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa heating radiator market databook
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Our clientele includes a mix of heating radiator market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa heating radiator market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa heating radiator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA heating radiator market size, by country, 2018-2030 (US$M)
Middle East & Africa Heating Radiator Market Outlook Share, 2021 & 2030 (US$M)
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