Global Unitary Heaters Market Size & Outlook, 2022-2030

The unitary heaters industry worldwide is expected to reach a projected revenue of US$ 3,122.6 million by 2030. A compound annual growth rate of 3.9% is expected of the worldwide unitary heaters industry from 2023 to 2030.
Revenue, 2022 (US$M)
$2,292.4
Forecast, 2030 (US$M)
$3,122.6
CAGR, 2023 - 2030
3.9%
Report Coverage
Worldwide

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 2022USD 2,292.4 million
Market revenue in 2030USD 3,122.6 million
Growth rate3.9% (CAGR from 2022 to 2030)
Largest segmentIndustrial
Fastest growing segmentResidential
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationResidential, 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 segmentation & scope
Gas-fired Space Heating Boilers
Electric Space Heating Boilers
Oil-fired Space Heating Boilers
Horizontal Unitary Heaters
Vertical Unitary Heaters
Gas Warm Air Furnaces
Oil Warm Air Furnaces
Non-condensing Space Heating Boiler
Condensing Space Heating Boiler

Unitary Heaters Market Companies

Name Profile # Employees HQ Website

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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Target buyers of Global unitary heaters market databook

  • Our clientele includes a mix of unitary heaters market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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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)

Global unitary heaters market size, by region, 2018-2030 (US$M)

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