Industrial & Residential Heating Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War

Industrial & Residential Heating Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War


The global industrial & residential heating market is expected to grow at a CAGR of around 5.2% during 2025-2034. This report on global industrial & residential heating market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global industrial & residential heating market by segmenting the market based on complexity and region. Also, detailed profiles of companies operating in the industrial & residential heating market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Growing Demand for Energy Efficient Systems
• Continuous Government Intervention to Reduce Carbon Footprints

Market Challenges

• High Cost

Historical & Forecast Period

Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034

Market by Complexity

• Fireplaces
• Catalytic Wood Stoves
• Masonry Heaters
• Boilers

Market by Region

• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa


1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. Global Industrial & Residential Heating Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. Global Industrial & Residential Heating Market Analysis
4.1. Market Portraiture
4.2. Market Product
4.3. Market Forecast
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Industrial & Residential Heating Market by Complexity
5.1. Introduction
5.2. Fireplaces
5.3. Catalytic Wood Stoves
5.4. Masonry Heaters
5.5. Boilers
6. Global Industrial & Residential Heating Market by Region
6.1. Introduction
6.2. Europe
6.2.1. Germany
6.2.2. United Kingdom
6.2.3. France
6.2.4. Italy
6.2.5. Spain
6.2.6. Russia
6.2.7. Netherlands
6.2.8. Rest of the Europe
6.3. North America
6.3.1. United States
6.3.2. Canada
6.4. Asia Pacific
6.4.1. China
6.4.2. Japan
6.4.3. India
6.4.4. South Korea
6.4.5. Australia
6.4.6. Indonesia
6.4.7. Rest of the Asia Pacific
6.5. Latin America
6.5.1. Mexico
6.5.2. Brazil
6.5.3. Argentina
6.5.4. Rest of Latin America
6.6. Middle East & Africa
6.6.1. Saudi Arabia
6.6.2. Turkey
6.6.3. Iran
6.6.4. United Arab Emirates
6.6.5. Rest of Middle East & Africa
7. SWOT Analysis
8. Porter’s Five Forces
9. Market Value Chain Analysis
10. Competitive Landscape
10.1. Competitive Scenario
10.2. Company Profiles
10.2.1. American Masonry Heaters.
10.2.2. Ariston Thermo Group SpA
10.2.3. Babcock and Wilcox Enterprises Inc.
10.2.4. BIBE
10.2.5. Chazelles
10.2.6. Forbes Marshall Private Limited
10.2.7. Hurst Boiler and Welding Co. Inc.
10.2.8. Jotul AS
10.2.9. Misubishi Hitachi Power Systems
10.2.10. Regency Fireplace Products
10.2.11. Tulikivi Corporation
10.2.12. Viessmann Group
List of Figures
Figure 1: Global Industrial & Residential Heating Market (in US$ Million), 2020-2024
Figure 2: Global Industrial & Residential Heating Market by Complexity, 2024
Figure 3: Global Industrial & Residential Heating Market by Region, 2024
Figure 4: Global Industrial & Residential Heating Market (in US$ Million), 2025-2034
Figure 5: Global Industrial & Residential Heating Market by Complexity (in %), 2024 & 2034
Figure 6: Global Fireplaces Industrial & Residential Heating Market (in US$ Million), 2020-2024
Figure 7: Global Fireplaces Industrial & Residential Heating Market (in US$ Million), 2025-2034
Figure 8: Global Catalytic Wood Stoves Industrial & Residential Heating Market (in US$ Million), 2020-2024
Figure 9: Global Catalytic Wood Stoves Industrial & Residential Heating Market (in US$ Million), 2025-2034
Figure 10: Global Masonry Heaters Industrial & Residential Heating Market (in US$ Million), 2020-2024
Figure 11: Global Masonry Heaters Industrial & Residential Heating Market (in US$ Million), 2025-2034
Figure 12: Global Boilers Industrial & Residential Heating Market (in US$ Million), 2020-2024
Figure 13: Global Boilers Industrial & Residential Heating Market (in US$ Million), 2025-2034
Figure 14: Global Industrial & Residential Heating Market by Region (in %), 2024 & 2034
Figure 15: Europe Industrial & Residential Heating Market (in US$ Million), 2020-2024
Figure 16: Europe Industrial & Residential Heating Market (in US$ Million), 2025-2034
Figure 17: Europe Industrial & Residential Heating Market by Country (in %), 2024 & 2034
Figure 18: Germany Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 19: United Kingdom Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 20: France Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 21: Italy Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 22: Spain Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 23: Russia Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 24: Netherlands Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 25: North America Industrial & Residential Heating Market (in US$ Million), 2020-2024
Figure 26: North America Industrial & Residential Heating Market (in US$ Million), 2025-2034
Figure 27: North America Industrial & Residential Heating Market by Country (in %), 2024 & 2034
Figure 28: United States Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 29: Canada Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 30: Asia Pacific Industrial & Residential Heating Market (in US$ Million), 2020-2024
Figure 31: Asia Pacific Industrial & Residential Heating Market (in US$ Million), 2025-2034
Figure 32: Asia Pacific Industrial & Residential Heating Market by Country (in %), 2024 & 2034
Figure 33: China Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 34: Japan Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 35: India Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 36: South Korea Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 37: Australia Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 38: Indonesia Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 39: Latin America Industrial & Residential Heating Market (in US$ Million), 2020-2024
Figure 40: Latin America Industrial & Residential Heating Market (in US$ Million), 2025-2034
Figure 41: Latin America Industrial & Residential Heating Market by Country (in %), 2024 & 2034
Figure 42: Mexico Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 43: Brazil Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 44: Argentina Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 45: Middle East & Africa Industrial & Residential Heating Market (in US$ Million), 2020-2024
Figure 46: Middle East & Africa Industrial & Residential Heating Market (in US$ Million), 2025-2034
Figure 47: Middle East & Africa Industrial & Residential Heating Market by Country (in %), 2024 & 2034
Figure 48: Saudi Arabia Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 49: Turkey Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 50: Iran Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 51: UAE Industrial & Residential Heating Market (in US$ Million), 2020-2034
Figure 52: Market Value Chain
List of Tables
Table 1: Global Industrial & Residential Heating Market Portraiture
Table 2: Global Industrial & Residential Heating Market by Complexity (in US$ Million), 2024 & 2034
Table 3: Global Industrial & Residential Heating Market by Region (in US$ Million), 2024 & 2034
Table 4: Europe Industrial & Residential Heating Market by Country (in US$ Million), 2024 & 2034
Table 5: North America Industrial & Residential Heating Market by Country (in US$ Million), 2024 & 2034
Table 6: Asia Pacific Industrial & Residential Heating Market by Country (in US$ Million), 2024 & 2034
Table 7: Latin America Industrial & Residential Heating Market by Country (in US$ Million), 2024 & 2034
Table 8: Middle East & Africa Industrial & Residential Heating Market by Country (in US$ Million),
2024 & 2034
Table 9: List of Key Players

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings