City of Industry, CA -- (SBWIRE) -- 08/20/2018 -- This report studies the global Heating Equipment market status and forecast, categorizes the global Heating Equipment market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).

The need for energy efficient heating equipment has led to the development of mechanical systems which could provide the required heating environment in a cost effective manner. With rapid growth in technology the heating equipment are providing efficient solutions to reduce carbon emissions in an economical manner. These systems can be classified as either self-contained unit packages or as central systems. The self-contained packages are usually used in residential and small commercial spaces. The central heating systems are used in large commercial building where access to outside air is restricted.

Growing disposable income coupled with low-interest rates in several countries has given companies more cash in hand to upgrade their capital equipment in offices, production facilities, and stores. Low-interest rates are expected to augment the growth of this market as it makes it easier to invest in costly equipment upgrades.

Rapidly growing space and water heating requirement in North America, Europe, and Asia Pacific is projected to boost the demand for heating equipment in these regions. Industrial buyers focus on factors such as energy and operational cost savings, maintenance cost, and product lifespan. However, residential buyers seek energy-saving solutions at economical prices.

The global Heating Equipment market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.

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The major manufacturers covered in this report

Daikin Industries

Ingersoll-Rand

Lennox International

Robert Bosch

United Technologies

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

India

Southeast Asia

Other regions (Central & South America, Middle East & Africa)

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Heat Pumps

Furnaces

Boilers

Unitary Heaters

By Application, the market can be split into

Residential

Commercial

Industrial

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About QY Research
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.