Heating Equipment Industry Research Report 2025

Summary

Heating systems are required to maintain an appropriate temperature at a desired level, by using thermal energy. This equipment is component used in the heating system.

According to APO Research, The global Heating Equipment market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

North American market for Heating Equipment is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Heating Equipment is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Heating Equipment is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Heating Equipment include , etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Heating Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heating Equipment.

The report will help the Heating Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Heating Equipment market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Heating Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Heating Equipment Segment by Company

Bosch
Vaillant
BDR Thermea
Viessmann
Atlantic Group
Ariston
Immerfin
Elginkan
Beretta (Carrier)
Intergas
Ferroli
KD Navien
Lemax
Rinnai
Daikin
Panasonic
Fujitsu General
Heating Equipment Segment by Type

Air to Water Heat Pump
Wall Hung Electric Boilers
Wall Hung Gas Boilers
Heating Equipment Segment by Application

Residental
Commercial
Heating Equipment Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Heating Equipment market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Heating Equipment and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Heating Equipment.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Heating Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Heating Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Heating Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Heating Equipment by Type
2.2.1 Market Value Comparison by Type (2020 VS 2024 VS 2031) & (US$ Million)
2.2.2 Air to Water Heat Pump
2.2.3 Wall Hung Electric Boilers
2.2.4 Wall Hung Gas Boilers
2.3 Heating Equipment by Application
2.3.1 Market Value Comparison by Application (2020 VS 2024 VS 2031) & (US$ Million)
2.3.2 Residental
2.3.3 Commercial
2.4 Global Market Growth Prospects
2.4.1 Global Heating Equipment Production Value Estimates and Forecasts (2020-2031)
2.4.2 Global Heating Equipment Production Capacity Estimates and Forecasts (2020-2031)
2.4.3 Global Heating Equipment Production Estimates and Forecasts (2020-2031)
2.4.4 Global Heating Equipment Market Average Price (2020-2031)
3 Market Competitive Landscape by Manufacturers
3.1 Global Heating Equipment Production by Manufacturers (2020-2025)
3.2 Global Heating Equipment Production Value by Manufacturers (2020-2025)
3.3 Global Heating Equipment Average Price by Manufacturers (2020-2025)
3.4 Global Heating Equipment Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
3.5 Global Heating Equipment Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Heating Equipment Manufacturers, Product Type & Application
3.7 Global Heating Equipment Manufacturers Established Date
3.8 Global Heating Equipment Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Bosch
4.1.1 Bosch Heating Equipment Company Information
4.1.2 Bosch Heating Equipment Business Overview
4.1.3 Bosch Heating Equipment Production, Value and Gross Margin (2020-2025)
4.1.4 Bosch Product Portfolio
4.1.5 Bosch Recent Developments
4.2 Vaillant
4.2.1 Vaillant Heating Equipment Company Information
4.2.2 Vaillant Heating Equipment Business Overview
4.2.3 Vaillant Heating Equipment Production, Value and Gross Margin (2020-2025)
4.2.4 Vaillant Product Portfolio
4.2.5 Vaillant Recent Developments
4.3 BDR Thermea
4.3.1 BDR Thermea Heating Equipment Company Information
4.3.2 BDR Thermea Heating Equipment Business Overview
4.3.3 BDR Thermea Heating Equipment Production, Value and Gross Margin (2020-2025)
4.3.4 BDR Thermea Product Portfolio
4.3.5 BDR Thermea Recent Developments
4.4 Viessmann
4.4.1 Viessmann Heating Equipment Company Information
4.4.2 Viessmann Heating Equipment Business Overview
4.4.3 Viessmann Heating Equipment Production, Value and Gross Margin (2020-2025)
4.4.4 Viessmann Product Portfolio
4.4.5 Viessmann Recent Developments
4.5 Atlantic Group
4.5.1 Atlantic Group Heating Equipment Company Information
4.5.2 Atlantic Group Heating Equipment Business Overview
4.5.3 Atlantic Group Heating Equipment Production, Value and Gross Margin (2020-2025)
4.5.4 Atlantic Group Product Portfolio
4.5.5 Atlantic Group Recent Developments
4.6 Ariston
4.6.1 Ariston Heating Equipment Company Information
4.6.2 Ariston Heating Equipment Business Overview
4.6.3 Ariston Heating Equipment Production, Value and Gross Margin (2020-2025)
4.6.4 Ariston Product Portfolio
4.6.5 Ariston Recent Developments
4.7 Immerfin
4.7.1 Immerfin Heating Equipment Company Information
4.7.2 Immerfin Heating Equipment Business Overview
4.7.3 Immerfin Heating Equipment Production, Value and Gross Margin (2020-2025)
4.7.4 Immerfin Product Portfolio
4.7.5 Immerfin Recent Developments
4.8 Elginkan
4.8.1 Elginkan Heating Equipment Company Information
4.8.2 Elginkan Heating Equipment Business Overview
4.8.3 Elginkan Heating Equipment Production, Value and Gross Margin (2020-2025)
4.8.4 Elginkan Product Portfolio
4.8.5 Elginkan Recent Developments
4.9 Beretta (Carrier)
4.9.1 Beretta (Carrier) Heating Equipment Company Information
4.9.2 Beretta (Carrier) Heating Equipment Business Overview
4.9.3 Beretta (Carrier) Heating Equipment Production, Value and Gross Margin (2020-2025)
4.9.4 Beretta (Carrier) Product Portfolio
4.9.5 Beretta (Carrier) Recent Developments
4.10 Intergas
4.10.1 Intergas Heating Equipment Company Information
4.10.2 Intergas Heating Equipment Business Overview
4.10.3 Intergas Heating Equipment Production, Value and Gross Margin (2020-2025)
4.10.4 Intergas Product Portfolio
4.10.5 Intergas Recent Developments
4.11 Ferroli
4.11.1 Ferroli Heating Equipment Company Information
4.11.2 Ferroli Heating Equipment Business Overview
4.11.3 Ferroli Heating Equipment Production, Value and Gross Margin (2020-2025)
4.11.4 Ferroli Product Portfolio
4.11.5 Ferroli Recent Developments
4.12 KD Navien
4.12.1 KD Navien Heating Equipment Company Information
4.12.2 KD Navien Heating Equipment Business Overview
4.12.3 KD Navien Heating Equipment Production, Value and Gross Margin (2020-2025)
4.12.4 KD Navien Product Portfolio
4.12.5 KD Navien Recent Developments
4.13 Lemax
4.13.1 Lemax Heating Equipment Company Information
4.13.2 Lemax Heating Equipment Business Overview
4.13.3 Lemax Heating Equipment Production, Value and Gross Margin (2020-2025)
4.13.4 Lemax Product Portfolio
4.13.5 Lemax Recent Developments
4.14 Rinnai
4.14.1 Rinnai Heating Equipment Company Information
4.14.2 Rinnai Heating Equipment Business Overview
4.14.3 Rinnai Heating Equipment Production, Value and Gross Margin (2020-2025)
4.14.4 Rinnai Product Portfolio
4.14.5 Rinnai Recent Developments
4.15 Daikin
4.15.1 Daikin Heating Equipment Company Information
4.15.2 Daikin Heating Equipment Business Overview
4.15.3 Daikin Heating Equipment Production, Value and Gross Margin (2020-2025)
4.15.4 Daikin Product Portfolio
4.15.5 Daikin Recent Developments
4.16 Panasonic
4.16.1 Panasonic Heating Equipment Company Information
4.16.2 Panasonic Heating Equipment Business Overview
4.16.3 Panasonic Heating Equipment Production, Value and Gross Margin (2020-2025)
4.16.4 Panasonic Product Portfolio
4.16.5 Panasonic Recent Developments
4.17 Fujitsu General
4.17.1 Fujitsu General Heating Equipment Company Information
4.17.2 Fujitsu General Heating Equipment Business Overview
4.17.3 Fujitsu General Heating Equipment Production, Value and Gross Margin (2020-2025)
4.17.4 Fujitsu General Product Portfolio
4.17.5 Fujitsu General Recent Developments
5 Global Heating Equipment Production by Region
5.1 Global Heating Equipment Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
5.2 Global Heating Equipment Production by Region: 2020-2031
5.2.1 Global Heating Equipment Production by Region: 2020-2025
5.2.2 Global Heating Equipment Production Forecast by Region (2026-2031)
5.3 Global Heating Equipment Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
5.4 Global Heating Equipment Production Value by Region: 2020-2031
5.4.1 Global Heating Equipment Production Value by Region: 2020-2025
5.4.2 Global Heating Equipment Production Value Forecast by Region (2026-2031)
5.5 Global Heating Equipment Market Price Analysis by Region (2020-2025)
5.6 Global Heating Equipment Production and Value, YOY Growth
5.6.1 North America Heating Equipment Production Value Estimates and Forecasts (2020-2031)
5.6.2 Europe Heating Equipment Production Value Estimates and Forecasts (2020-2031)
5.6.3 China Heating Equipment Production Value Estimates and Forecasts (2020-2031)
5.6.4 Japan Heating Equipment Production Value Estimates and Forecasts (2020-2031)
6 Global Heating Equipment Consumption by Region
6.1 Global Heating Equipment Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
6.2 Global Heating Equipment Consumption by Region (2020-2031)
6.2.1 Global Heating Equipment Consumption by Region: 2020-2025
6.2.2 Global Heating Equipment Forecasted Consumption by Region (2026-2031)
6.3 North America
6.3.1 North America Heating Equipment Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.3.2 North America Heating Equipment Consumption by Country (2020-2031)
6.3.3 United States
6.3.4 Canada
6.3.5 Mexico
6.4 Europe
6.4.1 Europe Heating Equipment Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.4.2 Europe Heating Equipment Consumption by Country (2020-2031)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.4.8 Spain
6.4.9 Netherlands
6.4.10 Switzerland
6.4.11 Sweden
6.4.12 Poland
6.5 Asia Pacific
6.5.1 Asia Pacific Heating Equipment Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.5.2 Asia Pacific Heating Equipment Consumption by Country (2020-2031)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 India
6.5.7 Australia
6.5.8 Taiwan
6.5.9 Southeast Asia
6.6 South America, Middle East & Africa
6.6.1 South America, Middle East & Africa Heating Equipment Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.6.2 South America, Middle East & Africa Heating Equipment Consumption by Country (2020-2031)
6.6.3 Brazil
6.6.4 Argentina
6.6.5 Chile
6.6.6 Turkey
6.6.7 GCC Countries
7 Segment by Type
7.1 Global Heating Equipment Production by Type (2020-2031)
7.1.1 Global Heating Equipment Production by Type (2020-2031) & (K Units)
7.1.2 Global Heating Equipment Production Market Share by Type (2020-2031)
7.2 Global Heating Equipment Production Value by Type (2020-2031)
7.2.1 Global Heating Equipment Production Value by Type (2020-2031) & (US$ Million)
7.2.2 Global Heating Equipment Production Value Market Share by Type (2020-2031)
7.3 Global Heating Equipment Price by Type (2020-2031)
8 Segment by Application
8.1 Global Heating Equipment Production by Application (2020-2031)
8.1.1 Global Heating Equipment Production by Application (2020-2031) & (K Units)
8.1.2 Global Heating Equipment Production Market Share by Application (2020-2031)
8.2 Global Heating Equipment Production Value by Application (2020-2031)
8.2.1 Global Heating Equipment Production Value by Application (2020-2031) & (US$ Million)
8.2.2 Global Heating Equipment Production Value Market Share by Application (2020-2031)
8.3 Global Heating Equipment Price by Application (2020-2031)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Heating Equipment Value Chain Analysis
9.1.1 Heating Equipment Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Heating Equipment Production Mode & Process
9.2 Heating Equipment Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Heating Equipment Distributors
9.2.3 Heating Equipment Customers
10 Global Heating Equipment Analyzing Market Dynamics
10.1 Heating Equipment Industry Trends
10.2 Heating Equipment Industry Drivers
10.3 Heating Equipment Industry Opportunities and Challenges
10.4 Heating Equipment Industry Restraints
11 Report Conclusion
12 Disclaimer

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