Europe Warm Air Furnace Market Size & Outlook, 2022-2030

The warm air furnace market in Europe is expected to reach a projected revenue of US$ 2,445.5 million by 2030. A compound annual growth rate of 2.9% is expected of Europe warm air furnace market from 2023 to 2030.
Revenue, 2022 (US$M)
$1,939.1
Forecast, 2030 (US$M)
$2,445.5
CAGR, 2023 - 2030
2.9%
Report Coverage
Europe

Europe warm air furnace market highlights

  • The Europe warm air furnace market generated a revenue of USD 1,939.1 million in 2022.
  • The market is expected to grow at a CAGR of 2.9% 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, Italy is expected to register the highest CAGR from 2023 to 2030.

Europe data book summary

Market revenue in 2022USD 1,939.1 million
Market revenue in 2030USD 2,445.5 million
Growth rate2.9% (CAGR from 2022 to 2030)
Largest segmentResidential
Fastest growing segmentResidential
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationResidential, Commercial, Industrial
Key market players worldwideCarrier 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, Europe region accounted for 23.0% 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 segmentation & scope
Horizontal Unitary Heaters
Vertical Unitary Heaters
Suspended Unitary Heaters
Non-condensing Space Heating Boiler
Condensing Space Heating Boiler

Warm Air Furnace Market Companies

Name Profile # Employees HQ Website

Europe 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 52.9% in 2022. Horizon Databook has segmented the Europe warm air furnace market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2018 to 2030.


  • Europe Warm Air Furnace Application Outlook (Revenue, USD Million, 2018-2030)
    • Residential
    • Commercial
    • Industrial
  • Europe 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe warm air furnace market , including forecasts for subscribers. This continent databook contains high-level insights into Europe warm air furnace market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe warm air furnace market size, by country, 2018-2030 (US$M)

Europe Warm Air Furnace Market Outlook Share, 2022 & 2030 (US$M)

Europe warm air furnace market size, by country, 2018-2030 (US$M)

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