Asia Pacific Warm Air Furnace Market Size & Outlook
Asia Pacific warm air furnace market, 2018-2030 (US$M)
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Asia Pacific warm air furnace market highlights
- The Asia Pacific warm air furnace market generated a revenue of USD 1,636.2 million in 2022.
- The market is expected to grow at a CAGR of 3.6% from 2023 to 2030.
- In terms of segment, residential was the largest revenue generating application in 2022.
- Residential is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 1,636.2 million |
| Market revenue in 2030 | USD 2,170.6 million |
| Growth rate | 3.6% (CAGR from 2022 to 2030) |
| Largest segment | Residential |
| 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 |
| Key market players worldwide | Carrier Global Corp Ordinary Shares, Mitsubishi Electric Corp, Emerson Electric Co, Ingersoll Rand Inc, Daikin Industries Ltd, Palomar Holdings Inc, Lennox International Inc, Johnson Controls International PLC, Robert Bosch Engineering & Business Solutions, Viessmann, Fujitsu Ltd, Goodman Manufacturing |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.4% of the global warm air furnace market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,170.6 million by 2030.
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Warm Air Furnace Market Scope
Warm Air Furnace Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific warm air furnace 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 warm air furnace market will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 49.36% in 2022. Horizon Databook has segmented the Asia Pacific warm air furnace market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific Warm Air Furnace Application Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Commercial
- Industrial
- Asia Pacific Warm Air Furnace 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 Asia Pacific warm air furnace market databook
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Our clientele includes a mix of warm air furnace market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific warm air furnace market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific warm air furnace market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific warm air furnace market size, by country, 2018-2030 (US$M)
Asia Pacific Warm Air Furnace Market Outlook Share, 2022 & 2030 (US$M)
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