Global Unitary Heaters Market Size & Outlook, 2022-2030
Global unitary heaters market, 2018-2030 (US$M)
Related Markets
Global unitary heaters market highlights
- The global unitary heaters market generated a revenue of USD 2,292.4 million in 2022 and is expected to reach USD 3,122.6 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 3.9% by 2030.
- In terms of segment, industrial accounted for a revenue of USD 982.0 million in 2022.
- Residential is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Australia is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 2,292.4 million |
| Market revenue in 2030 | USD 3,122.6 million |
| Growth rate | 3.9% (CAGR from 2022 to 2030) |
| Largest segment | Industrial |
| 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, Industrial |
Other key industry trends
- In terms of revenue, the North America accounted for 22.4% of the global unitary heaters market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Australia is the fastest growing regional market and is projected to reach USD 40.0 million by 2030.
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Unitary Heaters Market Scope
Unitary Heaters Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global unitary heaters 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 unitary heaters market will help companies and investors design strategic landscapes.
Industrial was the largest segment with a revenue share of 42.84% in 2022. Horizon Databook has segmented the Global unitary heaters market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Unitary Heaters Application Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Commercial
- Industrial
- Global Unitary Heaters Operation Outlook (Revenue, USD Million, 2018-2030)
- Gas-fired Unitary Heaters
- Hydronic Unitary Heaters
- Electric Unitary Heaters
- Oil-fired Unitary Heaters
- Gas-fired Space Heating Boilers
- Electric Space Heating Boilers
- Oil-fired Space Heating Boilers
- Global Unitary Heaters Type Outlook (Revenue, USD Million, 2018-2030)
- Horizontal Unitary Heaters
- Vertical Unitary Heaters
- Suspended Unitary Heaters
- Gas Warm Air Furnaces
- Oil Warm Air Furnaces
- Non-condensing Space Heating Boiler
- Condensing Space Heating Boiler
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Our clientele includes a mix of unitary heaters 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 unitary heaters market , including forecasts for subscribers. This global databook contains high-level insights into Global unitary heaters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global unitary heaters market size, by region, 2018-2030 (US$M)
Top 10 countries: Unitary heaters market size, 2022 (US$M)
Global unitary heaters market share, by application, 2022 & 2030 (%, US$M)
Unitary heaters market: Opportunity assessment by country
Global unitary heaters market, by region, 2022 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 34.4 | 42.9 | 43.9 | 44.8 | 40.7 | 42.4 | 44.1 | 45.2 | 46.6 | 48.5 | 49.6 | 50.3 | 51.1 | 2.8% |
| Europe | 499.9 | 627.5 | 663.4 | 708.5 | 732.2 | 750.6 | 793.1 | 828.3 | 867.0 | 910.5 | 957.1 | 1,017.6 | 1,093.3 | 5.1% |
| North America | 401.9 | 505.3 | 540.7 | 542.8 | 513.5 | 533.8 | 546.8 | 566.3 | 586.8 | 606.7 | 628.1 | 653.3 | 679.3 | 3.5% |
| MEA | 25.1 | 31.2 | 31.2 | 31.7 | 30.9 | 32.8 | 34.6 | 35.0 | 35.6 | 35.8 | 36.2 | 36.5 | 36.8 | 2.2% |
| Asia Pacific | 786.0 | 980.0 | 994.2 | 996.7 | 975.2 | 1,010.3 | 1,034.8 | 1,068.3 | 1,103.5 | 1,141.8 | 1,183.9 | 1,224.9 | 1,262.0 | 3.2% |
| Overall | 1,747.4 | 2,187.0 | 2,273.4 | 2,324.5 | 2,292.4 | 2,369.9 | 2,453.4 | 2,543.1 | 2,639.5 | 2,743.2 | 2,854.9 | 2,982.6 | 3,122.5 | 3.9% |
Related regional statistics
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