India Warm Air Furnace Market Size & Outlook, 2022-2030
India warm air furnace market, 2018-2030 (US$M)
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India warm air furnace market highlights
- The India warm air furnace market generated a revenue of USD 31.5 million in 2022 and is expected to reach USD 38.5 million by 2030.
- The India market is expected to grow at a CAGR of 2.6% 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.
Warm air furnace market data book summary
| Market revenue in 2022 | USD 31.5 million |
| Market revenue in 2030 | USD 38.5 million |
| Growth rate | 2.6% (CAGR from 2022 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Residential |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, India accounted for 0.4% of the global warm air furnace market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China warm air furnace market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,060.2 million by 2030.
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Warm Air Furnace Market Scope
Warm Air Furnace Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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.
Industrial was the largest segment with a revenue share of 57.14% in 2022. Horizon Databook has segmented the India warm air furnace market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
- India Warm Air Furnace Application Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Commercial
- Industrial
- India 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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Our clientele includes a mix of warm air furnace market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the India warm air furnace market , including forecasts for subscribers. This country databook contains high-level insights into India warm air furnace market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India warm air furnace market size, by application, 2018-2030 (US$M)
India Warm Air Furnace Market Outlook Share, 2022 & 2030 (US$M)
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