U.S. Space Heating Boilers Market Size & Outlook
U.S. space heating boilers market, 2018-2030 (US$M)
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U.S. space heating boilers market highlights
- The U.S. space heating boilers market generated a revenue of USD 884.2 million in 2022 and is expected to reach USD 1,127.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3.1% from 2023 to 2030.
- In terms of segment, elemental sulfur was the largest revenue generating raw material in 2022.
- Base Metal Smelters is the most lucrative raw material segment registering the fastest growth during the forecast period.
Space heating boilers market data book summary
| Market revenue in 2022 | USD 884.2 million |
| Market revenue in 2030 | USD 1,127.7 million |
| Growth rate | 3.1% (CAGR from 2022 to 2030) |
| Largest segment | Elemental sulfur |
| Fastest growing segment | Base Metal Smelters |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Elemental Sulfur, Base Metal Smelters, Pyrite Ore, Other Raw Materials |
| Key market players worldwide | Ingersoll Rand Inc, Daikin Industries Ltd, Lennox International Inc, Viessmann, TerraVest Industries Inc, Mitsubishi Electric Corp, A.O. Smith Corp |
Other key industry trends
- In terms of revenue, U.S. accounted for 6.6% of the global space heating boilers market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. space heating boilers market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 990.1 million by 2030.
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Space Heating Boilers Market Scope
Space Heating Boilers Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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.
Elemental sulfur was the largest segment with a revenue share of 54.22% in 2022. Horizon Databook has segmented the U.S. space heating boilers market based on elemental sulfur, base metal smelters, pyrite ore, other raw materials covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. space heating boilers market , including forecasts for subscribers. This country databook contains high-level insights into U.S. space heating boilers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. Space Heating Boilers Market Outlook Share, 2022 & 2030 (US$M)
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