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Market Research Report

Global Domestic Heating Appliances Market: Industry Analysis, Types, Latest Trends, Growth Prediction, Sales, Revenue and Market Forecast 2017 to 2025

Published On : 2018-07-11 Report Page : 260 Category: Consumer Retail

Global Domestic Heating Appliances Market Outlook 2017-2025

Market Overview

Domestic heating appliances are of different type for different purpose, using different kind of fuels. Largely the heating appliances are used for heating water and heating spaces (underfloor heating, furnace, etc.). In many countries these large heating appliances requires to comply with the government and building regulation, mainly for the purpose of fuel and power conservation. Thus, there is continuous technological development to minimize the power consumption of the appliances. Globally as per the climatic conditions, the technology used also differs such as space heating appliances for a room or house. Therefore, advancement in technologies is majorly driving the growth of market and is attracting huge investments for the innovations. Moreover, new constructions and renovation of existing houses and the rising household expenditure capacity are also propelling the demand for huge domestic heating appliances such as underfloor heating system and water heating system. There is also a rising trend of smart homes, which connects all the appliances and equipment to a single platform from which their functioning can be controlled. Goldstein Research analyst forecast that the Global domestic heating appliances market is set to reach nearly USD 140 billion by 2024, growing at a CAGR of 7.8% over the forecast period (2017-2025).

Global Domestic Heating Appliances Market Segmentation

By Heating Appliances Type

  • Space Heating Appliances
    • Fan Heaters
    • Convection Heaters
    • Radiant Heaters
    • Ceramic Heaters
  • Water Heating Appliances
    • Hot Water Storage Tank
    • Geysers
    • Solar Water Heater
    • Immersion Rods

Space heating appliances accounted for largest market share of 47.4% in 2017 owing to its major share in the household expenditure on appliances. Water heating appliances market is expected to grow at a CAGR of 8.1% over the forecast period as the necessity of water and its temperature regulation combined with solar energy is increasing its demand by every household.

By Fuel Type

  • Gas Powered Heating Appliances
  • Oil Powered Heating Appliances
  • Electricity Powered Heating Appliances
  • Solid Fuel Powered Heating Appliances
  • Solar Energy Powered Heating Appliances

By Geography

  • North America (U.S. & Canada)  Global Domestic Heating Appliances Market {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest Of Latin America)  Global Domestic Heating Appliances Market {Market Share (%), Market Size (USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & Roe)  Global Domestic Heating Appliances Market {Market Share (%), Market Size (USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest Of Asia)  Global Domestic Heating Appliances Market {Market Share (%), Market Size (USD Billion)}
  • Middle East & Africa (GCC, South Africa, North Africa, Romea)  Global Domestic Heating Appliances Market {Market Share (%), Market Size (USD Billion)}

Based on geography, Europe dominated the global domestic heating appliances market share in 2017, accounted for 43.5%, followed by North America market share, owing to the fact that the average temperature is nearly 10 degree, thus these regions have huge demand for heating appliances.  APAC domestic heating appliances market is thus expected to grow at a CAGR of 7.0% over the forecast period.

Covered In This Global Domestic Heating Appliances Market Report     

The report covers the present ground scenario and the future growth prospects of the domestic heating appliances market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.

Global Domestic Heating Appliances Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Global domestic heating appliances market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Domestic Heating Appliances Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.

Our Global domestic heating appliances market report comprises of the following companies as the key players: Honeywell Control Systems Ltd, Clatronic GmbH Severin Elektrogeräte GmbH, Glen Dimplex,  Sunbeam, Ariston Thermo UK Ltd, Bosch Thermotechnology Ltd, Bajaj Electricals Ltd,  Baxi Heating UK Ltd,  Danfoss Randall Ltd, Ideal Boilers Ltd, Vaillant Ltd., Quinn Radiators Ltd, Rettig Ltd, Vokèra Ltd, etc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Global Domestic Heating Appliances Market Report

  • What is the total market size by 2025 and what would be the expected growth rate of market?
  • What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

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Global Domestic Heating Appliances Market: Industry Analysis, Types, Latest Trends, Growth Prediction, Sales, Revenue and Market Forecast 2017 to 2025

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A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements