Market Overview:
The global heating distribution systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for heating distribution systems in residential, commercial, and industrial applications across the globe. In addition, the growing awareness about energy-efficient heating solutions is also propelling the growth of this market. The radiator segment is expected to hold a dominant position in the global heating distribution systems market during the forecast period. This can be attributed to its high efficiency and low installation cost as compared to other types of heating distribution systems such as furnaces and boilers.
Product Definition:
A heating distribution system is a network of pipes, valves, and other equipment used to deliver heat from a central source to individual rooms or spaces. The importance of heating distribution systems is that they allow for even heat distribution throughout a building or area. This helps to ensure that everyone within the space is comfortable and that no one area is too hot or too cold.
Radiator:
A radiator is an apparatus used to transfer heat from one place to another. It is mainly used in the heating distribution system of a vehicle. The heat generated by an engine or other source is transferred through the radiators to various parts of a vehicle, which are then cooled down. Radiators have different types such as water, oil and air-cooled depending upon their applications in vehicles.
Furnaces:
A furnace is a closed vessel that contains the heat source, such as fuel or electricity. The heat is transferred from the furnace to the area or rooms by means of convection and conduction. It can also be used for drying clothes, called a wood-fired furnace; in this case it's known as a wood stove.
The global heating distribution systems market size was valued at USD 21 billion in 2016.
Application Insights:
The industrial application segment accounted for the largest share of over 50.0% in 2017 and is projected to witness significant growth over the forecast period. The demand for HVAC systems in industries, such as chemical, petroleum refining, food & beverage processing and metalworking is anticipated to drive the market growth during the forecast period.
The residential sector was valued at USD 3 billion in 2017 owing to increasing construction activities across various regions including Asia Pacific and Middle East & Africa on account of growing population coupled with rising disposable income levels among consumers. Furthermore, government initiatives promoting energy-efficient products are expected to augment product demand during the forecast period.
Regional Analysis:
Europe dominated the global heating distribution systems market in terms of revenue share in 2016. The region is expected to continue its dominance over the forecast period, with Germany and France being the key markets. Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing demand for energy-efficient solutions coupled with government initiatives favoring renewable energy sources such as solar thermal and active solar heating systems. In addition, rising awareness regarding carbon emission control standards is likely to drive demand for HVAC equipment that consumes considerable amount of electricity thereby driving regional market growth.
The North America regional market accounted for a substantial revenue share in 2016 owing to high product adoption rates associated with technological advancements and growing focus on reducing greenhouse gas emissions by promoting alternative energy sources such as geothermal heat pumps along with other renewable technologies across U.S., Canada, and Mexico regions are expected favorably impact industry expansion over next eight years (2016 - 2030).
Growth Factors:
- Increasing demand for heating distribution systems in the residential and commercial sectors
- Growing popularity of green buildings, which require efficient heating distribution systems
- Rapid urbanization and industrialization, which is leading to an increase in the demand for heating distribution systems
- Technological advancements in heating distribution systems that are making them more energy-efficient
- Rising awareness about the benefits of using heating distribution systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Heating Distribution Systems Market Research Report
By Type
Radiator, Furnaces, Boilers, Heat Pumps, Active Solar Heating, Electric Heating, Others
By Application
Industrial, Residential, Commercial, Institutional
By Companies
United Technologies, Ingersoll-Rand, Danfoss, Lennox International, Schneider Electric, Honeywell International, Flowtech Systems & Engineers, Heat-Flo Heating Products, Mahir Technologies, Viessmann Manufacturing Company, ROTEX Heating Systems, Thermotech Scandinavia
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Heating Distribution Systems Market Report Segments:
The global Heating Distribution Systems market is segmented on the basis of:
Types
Radiator, Furnaces, Boilers, Heat Pumps, Active Solar Heating, Electric Heating, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Residential, Commercial, Institutional
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- United Technologies
- Ingersoll-Rand
- Danfoss
- Lennox International
- Schneider Electric
- Honeywell International
- Flowtech Systems & Engineers
- Heat-Flo Heating Products
- Mahir Technologies
- Viessmann Manufacturing Company
- ROTEX Heating Systems
- Thermotech Scandinavia
Highlights of The Heating Distribution Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Radiator
- Furnaces
- Boilers
- Heat Pumps
- Active Solar Heating
- Electric Heating
- Others
- By Application:
- Industrial
- Residential
- Commercial
- Institutional
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Heating Distribution Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Heating distribution systems distribute heat from the heating plant to individual homes or businesses. They are made up of a number of components, including radiators, registers, and tubing. The system's main goal is to evenly distribute the heat throughout the building so that it is comfortable for everyone.
Some of the major companies in the heating distribution systems market are United Technologies, Ingersoll-Rand, Danfoss, Lennox International, Schneider Electric, Honeywell International, Flowtech Systems & Engineers, Heat-Flo Heating Products, Mahir Technologies, Viessmann Manufacturing Company, ROTEX Heating Systems, Thermotech Scandinavia.
The heating distribution systems market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heating Distribution Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Heating Distribution Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heating Distribution Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Heating Distribution Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Heating Distribution Systems Market Size & Forecast, 2020-2028
4.5.1 Heating Distribution Systems Market Size and Y-o-Y Growth
4.5.2 Heating Distribution Systems Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Radiator
5.2.2 Furnaces
5.2.3 Boilers
5.2.4 Heat Pumps
5.2.5 Active Solar Heating
5.2.6 Electric Heating
5.2.7 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Residential
6.2.3 Commercial
6.2.4 Institutional
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heating Distribution Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Heating Distribution Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Radiator
9.6.2 Furnaces
9.6.3 Boilers
9.6.4 Heat Pumps
9.6.5 Active Solar Heating
9.6.6 Electric Heating
9.6.7 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Residential
9.10.3 Commercial
9.10.4 Institutional
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Radiator
10.6.2 Furnaces
10.6.3 Boilers
10.6.4 Heat Pumps
10.6.5 Active Solar Heating
10.6.6 Electric Heating
10.6.7 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Residential
10.10.3 Commercial
10.10.4 Institutional
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Radiator
11.6.2 Furnaces
11.6.3 Boilers
11.6.4 Heat Pumps
11.6.5 Active Solar Heating
11.6.6 Electric Heating
11.6.7 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Residential
11.10.3 Commercial
11.10.4 Institutional
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Radiator
12.6.2 Furnaces
12.6.3 Boilers
12.6.4 Heat Pumps
12.6.5 Active Solar Heating
12.6.6 Electric Heating
12.6.7 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Residential
12.10.3 Commercial
12.10.4 Institutional
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Radiator
13.6.2 Furnaces
13.6.3 Boilers
13.6.4 Heat Pumps
13.6.5 Active Solar Heating
13.6.6 Electric Heating
13.6.7 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Residential
13.10.3 Commercial
13.10.4 Institutional
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Heating Distribution Systems Market: Competitive Dashboard
14.2 Global Heating Distribution Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 United Technologies
14.3.2 Ingersoll-Rand
14.3.3 Danfoss
14.3.4 Lennox International
14.3.5 Schneider Electric
14.3.6 Honeywell International
14.3.7 Flowtech Systems & Engineers
14.3.8 Heat-Flo Heating Products
14.3.9 Mahir Technologies
14.3.10 Viessmann Manufacturing Company
14.3.11 ROTEX Heating Systems
14.3.12 Thermotech Scandinavia
