U.S. Unitary Heaters Market Size & Outlook, 2022-2030

The unitary heaters market in the United States is expected to reach a projected revenue of US$ 569.8 million by 2030. A compound annual growth rate of 3.5% is expected of the United States unitary heaters market from 2023 to 2030.
Revenue, 2022 (US$M)
$433.0
Forecast, 2030 (US$M)
$569.8
CAGR, 2023 - 2030
3.5%
Report Coverage
U.S.

U.S. unitary heaters market highlights

  • The U.S. unitary heaters market generated a revenue of USD 433.0 million in 2022 and is expected to reach USD 569.8 million by 2030.
  • The U.S. market is expected to grow at a CAGR of 3.5% from 2023 to 2030.
  • In terms of segment, industrial was the largest revenue generating application in 2022.
  • Residential is the most lucrative application segment registering the fastest growth during the forecast period.

Unitary heaters market data book summary

Market revenue in 2022USD 433.0 million
Market revenue in 2030USD 569.8 million
Growth rate3.5% (CAGR from 2022 to 2030)
Largest segmentIndustrial
Fastest growing segmentResidential
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationResidential, Commercial, Industrial
Key market players worldwideModine Manufacturing Co, Armstrong World Industries Inc, Mestek Inc, Daikin Industries Ltd, Trane Technologies PLC Class A, Lennox International Inc, Thermon Group Holdings Inc, Beacon Morris, Dunham Bush, King Electric, Reznor, New York Blower Company, Zycon, SVL, Sterling HVAC

Other key industry trends

  • In terms of revenue, U.S. accounted for 18.9% of the global unitary heaters market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. unitary heaters 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 78.8 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

U.S. 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 45.59% in 2022. Horizon Databook has segmented the U.S. unitary heaters market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2018 to 2030.


  • U.S. Unitary Heaters Application Outlook (Revenue, USD Million, 2018-2030)
    • Residential
    • Commercial
    • Industrial
  • U.S. 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
  • U.S. 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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. unitary heaters market , including forecasts for subscribers. This country databook contains high-level insights into U.S. unitary heaters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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U.S. unitary heaters market size, by application, 2018-2030 (US$M)

U.S. Unitary Heaters Market Outlook Share, 2022 & 2030 (US$M)

U.S. unitary heaters market size, by application, 2018-2030 (US$M)

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