Global Space Heating Boilers Market Size & Outlook
Global space heating boilers market, 2018-2030 (US$M)
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Global space heating boilers market highlights
- The global space heating boilers market generated a revenue of USD 27,399.7 million in 2022 and is expected to reach USD 35,691.4 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 3.4% by 2030.
- In terms of segment, commercial accounted for a revenue of USD 15,123.6 million in 2022.
- Residential 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 2022.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 27,399.7 million |
| Market revenue in 2030 | USD 35,691.4 million |
| Growth rate | 3.4% (CAGR from 2023 to 2030) |
| Largest segment | Commercial |
| Fastest growing segment | Residential |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Commercial |
Other key industry trends
- In terms of revenue, the North America accounted for 10.9% of the global space heating boilers market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 3,994.1 million by 2030.
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Space Heating Boilers market Scope
Space Heating Boilers market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| No records found. | ||||
Global space heating boilers 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 space heating boilers market will help companies and investors design strategic landscapes.
Commercial was the largest segment with a revenue share of 55.2% in 2022. Horizon Databook has segmented the Global space heating boilers market based on residential, commercial covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Space Heating Boilers Application Outlook (Revenue, USD Million, 2018-2030)
- Commercial
- Industrial
- Residential
- Global Space Heating Boilers Operation Outlook (Revenue, USD Million, 2018-2030)
- Gas-fired Unitary Heaters
- Oil-fired Unitary Heaters
- Gas-fired Space Heating Boilers
- Electric Space Heating Boilers
- Hydronic Unitary Heaters
- Electric Unitary Heaters
- Oil-fired Space Heating Boilers
- Global Space Heating Boilers Type Outlook (Revenue, USD Million, 2018-2030)
- Gas Warm Air Furnaces
- Non-condensing Space Heating Boiler
- Oil Warm Air Furnaces
- Horizontal Unitary Heaters
- Condensing Space Heating Boiler
- Vertical Unitary Heaters
- Suspended Unitary Heaters
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Horizon Databook provides a detailed overview of global-level data and insights on the Global space heating boilers market , including forecasts for subscribers. This global databook contains high-level insights into Global space heating boilers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global space heating boilers market size, by regions, 2018-2030 (US$M)
Top 10 countries: Space heating boilers market size, 2022 (US$M)
Global space heating boilers market share, by application, 2022 & 2030 (%, US$M)
Space heating boilers market: Opportunity assessment by country
Global space heating boilers market, by region, 2022 (US$M)
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