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Global Industrial Heating Equipment Market Size study, by Product Type (Heat Pumps, Furnaces and Boilers), by Fuel Type (Fossil Fuel and Electric), by End-User Industry (Oil & Gas, Metal & Mining, Chemical and Others), and Regional Forecasts 2021-2027

September 2021 | 200 pages | ID: GA2A691EF2DFEN
Bizwit Research & Consulting LLP

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Global industrial heating equipment market is valued approximately at USD xx billion in 2020 and is anticipated to grow with a healthy growth rate of about xx% over the forecast period 2021-2027. Industrial heating equipment refer to the heating systems that consists of a circuit which combines the technologies required to effectively provide heat to any determined industrial production process. It guarantees the end product quality and maximizes productivity while minimizing the energy costs. The global industrial heating equipment market is being driven by increasing steam boilers demand from different end-use industries and rising investment toward adding capacity of power generation. Furthermore, increase in popularity of geothermal heat pump technology provide new opportunities for the global industrial heating equipment industry. Increase in stable and continuous energy demands from industries increases the demand for steam boiler, which in turn promotes the industrial heating equipment market growth. According to Statista, the industrial energy consumption across the globe is expected to increase from 238.9 quadrillion British thermal units in 2018 to approximately 316.7 quadrillion British thermal units by 2050. This is expected to increase the demand and adoption of industrial heating equipment which is likely to boost the market growth. However, implementation of stringent government regulations toward environmental pollution may impede market growth over the forecast period of 2021-2027.

The regional analysis of the global industrial heating equipment market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific accounts for the largest share in terms of market revenue in the global industrial heating equipment market over the forecast period 2021-2027. Factors such as increasing demand for energy, growth in power generation capacities, increasing demand from developing countries such as India and China, growth of end user industries, etc. contribute towards the largest market share of the region.

Major market player included in this report are:
Carrier
Danfoss A/S
Easco Boiler Corp.
Emerson Electric Co.
Ingersoll Rand Inc.
Johnson Controls
Lennox International Inc.
McKenna Boiler Works Inc.
Thermcraft, Inc.
Uponor Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Heat pumps
Furnaces
Boilers
By Fuel Type:
Fossil fuel
Electric
By End-user Industry:
Oil & gas
Metal & mining
Chemical
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Industrial Heating Equipment Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
  1.2.1. Industrial Heating Equipment Market, by Region, 2019-2027 (USD Billion)
  1.2.2. Industrial Heating Equipment Market, by Product Type, 2019-2027 (USD Billion)
  1.2.3. Industrial Heating Equipment Market, by Fuel Type, 2019-2027 (USD Billion)
  1.2.4. Industrial Heating Equipment Market, by End-User Industry, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL INDUSTRIAL HEATING EQUIPMENT MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL INDUSTRIAL HEATING EQUIPMENT MARKET DYNAMICS

3.1. Industrial Heating Equipment Market Impact Analysis (2019-2027)
  3.1.1. Market Drivers
    3.1.1.1. Rise in demand for steam boilers from various end-use industries
    3.1.1.2. Increase in investment toward adding power generation capacity
  3.1.2. Market Restraint
    3.1.2.1. Implementation of stringent government regulations toward environmental pollution
  3.1.3. Market Opportunities
    3.1.3.1. Increase in popularity of geothermal heat pump technology

CHAPTER 4. GLOBAL INDUSTRIAL HEATING EQUIPMENT MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL INDUSTRIAL HEATING EQUIPMENT MARKET, BY PRODUCT TYPE

a. Market Snapshot
5.1. Global Industrial Heating Equipment Market by Product Type, Performance - Potential Analysis
5.2. Global Industrial Heating Equipment Market Estimates & Forecasts by Product Type 2018-2027 (USD Billion)
5.3. Industrial Heating Equipment Market, Sub Segment Analysis
  5.3.1. Heat pumps
  5.3.2. Furnaces
  5.3.3. Boilers

CHAPTER 6. GLOBAL INDUSTRIAL HEATING EQUIPMENT MARKET, BY FUEL TYPE

b. Market Snapshot
6.1. Global Industrial Heating Equipment Market by Fuel Type, Performance - Potential Analysis
6.2. Global Industrial Heating Equipment Market Estimates & Forecasts by Fuel Type 2018-2027 (USD Billion)
6.3. Industrial Heating Equipment Market, Sub Segment Analysis
  6.3.1. Fossil fuel
  6.3.2. Electric

CHAPTER 7. GLOBAL INDUSTRIAL HEATING EQUIPMENT MARKET, BY END-USER INDUSTRY

c. Market Snapshot
7.1. Global Industrial Heating Equipment Market by End-User Industry, Performance - Potential Analysis
7.2. Global Industrial Heating Equipment Market Estimates & Forecasts by End-User Industry 2018-2027 (USD Billion)
7.3. Industrial Heating Equipment Market, Sub Segment Analysis
  7.3.1. Oil & gas
  7.3.2. Metal & mining
  7.3.3. Chemical
  7.3.4. Others

CHAPTER 8. GLOBAL INDUSTRIAL HEATING EQUIPMENT MARKET, REGIONAL ANALYSIS

8.1. Industrial Heating Equipment Market, Regional Market Snapshot
8.2. North America Industrial Heating Equipment Market
  8.2.1. U.S. Industrial Heating Equipment Market
    8.2.1.1. Product Type breakdown estimates & forecasts, 2018-2027
    8.2.1.2. Fuel Type breakdown estimates & forecasts, 2018-2027
    8.2.1.3. End-User Industry breakdown estimates & forecasts, 2018-2027
  8.2.2. Canada Industrial Heating Equipment Market
8.3. Europe Industrial Heating Equipment Market Snapshot
  8.3.1. U.K. Industrial Heating Equipment Market
  8.3.2. Germany Industrial Heating Equipment Market
  8.3.3. France Industrial Heating Equipment Market
  8.3.4. Spain Industrial Heating Equipment Market
  8.3.5. Italy Industrial Heating Equipment Market
  8.3.6. Rest of Europe Industrial Heating Equipment Market
8.4. Asia-Pacific Industrial Heating Equipment Market Snapshot
  8.4.1. China Industrial Heating Equipment Market
  8.4.2. India Industrial Heating Equipment Market
  8.4.3. Japan Industrial Heating Equipment Market
  8.4.4. Australia Industrial Heating Equipment Market
  8.4.5. South Korea Industrial Heating Equipment Market
  8.4.6. Rest of Asia Pacific Industrial Heating Equipment Market
8.5. Latin America Industrial Heating Equipment Market Snapshot
  8.5.1. Brazil Industrial Heating Equipment Market
  8.5.2. Mexico Industrial Heating Equipment Market
8.6. Rest of The World Industrial Heating Equipment Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. Carrier
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. Danfoss A/S
  9.2.3. Easco Boiler Corp.
  9.2.4. Emerson Electric Co.
  9.2.5. Ingersoll Rand Inc.
  9.2.6. Johnson Controls
  9.2.7. Lennox International Inc.
  9.2.8. McKenna Boiler Works Inc.
  9.2.9. Thermcraft, Inc.
  9.2.10. Uponor Corporation

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption


LIST OF TABLES

List of Tables
TABLE 2. Global Industrial Heating Equipment Market, report scope
TABLE 3. Global Industrial Heating Equipment Market estimates & forecasts by region 2018-2027 (USD Billion)
TABLE 4. Global Industrial Heating Equipment Market estimates & forecasts by Product Type 2018-2027 (USD Billion)
TABLE 5. Global Industrial Heating Equipment Market estimates & forecasts by Fuel Type 2018-2027 (USD Billion)
TABLE 6. Global Industrial Heating Equipment Market estimates & forecasts by End-User Industry 2018-2027 (USD Billion)
TABLE 7. Global Industrial Heating Equipment Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 8. Global Industrial Heating Equipment Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 9. Global Industrial Heating Equipment Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global Industrial Heating Equipment Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global Industrial Heating Equipment Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global Industrial Heating Equipment Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global Industrial Heating Equipment Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global Industrial Heating Equipment Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. Global Industrial Heating Equipment Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. Global Industrial Heating Equipment Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 17. Global Industrial Heating Equipment Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 18. Global Industrial Heating Equipment Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 19. Global Industrial Heating Equipment Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 20. Global Industrial Heating Equipment Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 21. Global Industrial Heating Equipment Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 22. Global Industrial Heating Equipment Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 23. U.S. Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 24. U.S. Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 25. U.S. Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 26. Canada Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 27. Canada Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 28. Canada Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 29. UK Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 30. UK Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 31. UK Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 32. Germany Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 33. Germany Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 34. Germany Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 35. France Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 36. France Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 37. France Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 38. Spain Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 39. Spain Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 40. Spain Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 41. Italy Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 42. Italy Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 43. Italy Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 44. ROE Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 45. ROE Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 46. ROE Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 47. China Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 48. China Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 49. China Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 50. India Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 51. India Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 52. India Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 53. Japan Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 54. Japan Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 55. Japan Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 56. Australia Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 57. Australia Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 58. Australia Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 59. South Korea Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 60. South Korea Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 61. South Korea Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 62. ROPAC Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 63. ROPAC Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 64. ROPAC Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 65. Brazil Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 66. Brazil Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 67. Brazil Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 68. Mexico Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 69. Mexico Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 70. Mexico Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 71. ROLA Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 72. ROLA Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 73. ROLA Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 74. ROW Industrial Heating Equipment Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 75. ROW Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 76. ROW Industrial Heating Equipment Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 77. List of secondary sources used in the study of global Industrial Heating Equipment Market.
TABLE 78. List of primary sources used in the study of global Industrial Heating Equipment Market.
TABLE 79. Years considered for the study.
TABLE 80. Exchange rates considered.

LIST OF FIGURES

FIG 1. Global Industrial Heating Equipment Market, research methodology
FIG 2. Global Industrial Heating Equipment Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Industrial Heating Equipment Market, key trends 2020
FIG 5. Global Industrial Heating Equipment Market, growth prospects 2021-2027
FIG 6. Global Industrial Heating Equipment Market, porters 5 force model
FIG 7. Global Industrial Heating Equipment Market, pest analysis
FIG 8. Global Industrial Heating Equipment Market, value chain analysis
FIG 9. Global Industrial Heating Equipment Market by segment, 2018 & 2027 (USD Billion)
FIG 10. Global Industrial Heating Equipment Market by segment, 2018 & 2027 (USD Billion)
FIG 11. Global Industrial Heating Equipment Market by segment, 2018 & 2027 (USD Billion)
FIG 12. Global Industrial Heating Equipment Market by segment, 2018 & 2027 (USD Billion)
FIG 13. Global Industrial Heating Equipment Market by segment, 2018 & 2027 (USD Billion)
FIG 14. Global Industrial Heating Equipment Market by segment, 2018 & 2027 (USD Billion)
FIG 15. Global Industrial Heating Equipment Market by segment, 2018 & 2027 (USD Billion)
FIG 16. Global Industrial Heating Equipment Market by segment, 2018 & 2027 (USD Billion)
FIG 17. Global Industrial Heating Equipment Market, regional snapshot 2018 & 2027
FIG 18. North America Industrial Heating Equipment Market2018 & 2027 (USD Billion)
FIG 19. Europe Industrial Heating Equipment Market2018 & 2027 (USD Billion)
FIG 20. Asia-Pacific Industrial Heating Equipment Market2018 & 2027 (USD Billion)
FIG 21. Latin America Industrial Heating Equipment Market2018 & 2027 (USD Billion)
FIG 22. Global Industrial Heating Equipment Market, company market share analysis (2020)


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