Market Overview:
The global point heating systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and environment-friendly heating systems across different applications, such as passenger trains, freight trains, metros, and others. Additionally, the growing awareness about the benefits of using point heating systems is also contributing to the growth of this market. The electric point heating system segment is expected to hold a major share of the global point heating systems market during the forecast period. This can be attributed to their high efficiency and easy installation process as compared with other types of point heating systems.
Product Definition:
Point heating systems provide heat to a specific area, rather than heating the entire home. This can be important for areas that are difficult to heat evenly, such as the kitchen or bathroom. Point heating systems can also be more energy efficient, since they don't have to work as hard to heat the entire home.
Electric Point Heating System:
Point heating is a process of generating heat by using electrical energy. It is the most common and popular form of residential heating system used in many countries around the world including U.S., Germany, China, Japan and Canada among others.
Gas Infrared Point Heating System:
A gas infrared point heating system is a type of domestic hot water generation plant which uses the heat generated by combustion of fossil fuels such as natural gas or petroleum to generate electricity. The heat source can be either a direct flame, indirect (from burners) or reflected (from mirror). These systems are easy to install and have low operating costs.
Application Insights:
Passenger trains were the largest application segment and accounted for over 60.0% of the global market share in terms of revenue in 2017. The demand for point heating systems has been growing steadily owing to rising passenger traffic on railways across the globe. Point heating system is a cost-effective solution as compared to other forms of train heating such as via hot water or steam pipes which require additional maintenance, are prone to failures due to climatic conditions and installation costs are relatively low when compared with other forms of train heating such as electric resistance heaters or gas infrared heaters. Furthermore, these systems offer features such as remote control operation, automatic temperature control and energy-saving design that reduces fuel consumption by up to 30%.
Regional Analysis:
North America dominated the global market in 2017 owing to high demand for technologically advanced and comfortable trains. The U.S., being a developed economy, has higher penetration of internet, communication technologies such as telephones and mobile phones, which is expected to positively impact the market growth over the forecast period. Europe also held a significant share in point heating systems industry due to increasing passenger traffic on railways coupled with growing investments by governments for development of railway infrastructure network.
Growth Factors:
- Increasing demand for heating systems in residential and commercial sectors
- Growing awareness about energy-efficient heating systems
- Rising popularity of smart home technologies
- Proliferation of internet of things (IoT) and connected devices
- Growing demand for renewable energy sources
Scope Of The Report
Report Attributes
Report Details
Report Title
Point Heating Systems Market Research Report
By Type
Electric Point Heating System, Gas Infrared Point Heating System, Geothermal Point Heating System
By Application
Passenger Trains, Freight Trains, Metros, Other
By Companies
ORIGO SwitchPoint Heating, PINTSCH, NIBE Element Railway Solutions, SAN Electro Heat, ESA Grimma, Western Sierras, Heat Trace, Backer Calesco, Thermal-Flex Systems, GrayBar
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Point Heating Systems Market Report Segments:
The global Point Heating Systems market is segmented on the basis of:
Types
Electric Point Heating System, Gas Infrared Point Heating System, Geothermal Point Heating System
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
Passenger Trains, Freight Trains, Metros, Other
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:
- ORIGO SwitchPoint Heating
- PINTSCH
- NIBE Element Railway Solutions
- SAN Electro Heat
- ESA Grimma
- Western Sierras
- Heat Trace
- Backer Calesco
- Thermal-Flex Systems
- GrayBar
Highlights of The Point Heating 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:
- Electric Point Heating System
- Gas Infrared Point Heating System
- Geothermal Point Heating System
- By Application:
- Passenger Trains
- Freight Trains
- Metros
- Other
- 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 Point Heating 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Point heating systems are a type of heating system that uses a small number of points to distribute heat throughout an area. These systems are often used in smaller spaces, such as apartments and offices, because they are more efficient than other types of heating systems.
Some of the major companies in the point heating systems market are ORIGO SwitchPoint Heating, PINTSCH, NIBE Element Railway Solutions, SAN Electro Heat, ESA Grimma, Western Sierras, Heat Trace, Backer Calesco, Thermal-Flex Systems, GrayBar.
The point heating systems market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Point Heating 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 Point Heating Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Point Heating 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 Point Heating 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 Point Heating Systems Market Size & Forecast, 2020-2028
4.5.1 Point Heating Systems Market Size and Y-o-Y Growth
4.5.2 Point Heating 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 Electric Point Heating System
5.2.2 Gas Infrared Point Heating System
5.2.3 Geothermal Point Heating System
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 Passenger Trains
6.2.2 Freight Trains
6.2.3 Metros
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Point Heating 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 Point Heating 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 Electric Point Heating System
9.6.2 Gas Infrared Point Heating System
9.6.3 Geothermal Point Heating System
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 Passenger Trains
9.10.2 Freight Trains
9.10.3 Metros
9.10.4 Other
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 Electric Point Heating System
10.6.2 Gas Infrared Point Heating System
10.6.3 Geothermal Point Heating System
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 Passenger Trains
10.10.2 Freight Trains
10.10.3 Metros
10.10.4 Other
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 Electric Point Heating System
11.6.2 Gas Infrared Point Heating System
11.6.3 Geothermal Point Heating System
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 Passenger Trains
11.10.2 Freight Trains
11.10.3 Metros
11.10.4 Other
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 Electric Point Heating System
12.6.2 Gas Infrared Point Heating System
12.6.3 Geothermal Point Heating System
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 Passenger Trains
12.10.2 Freight Trains
12.10.3 Metros
12.10.4 Other
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 Electric Point Heating System
13.6.2 Gas Infrared Point Heating System
13.6.3 Geothermal Point Heating System
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 Passenger Trains
13.10.2 Freight Trains
13.10.3 Metros
13.10.4 Other
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 Point Heating Systems Market: Competitive Dashboard
14.2 Global Point Heating Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ORIGO SwitchPoint Heating
14.3.2 PINTSCH
14.3.3 NIBE Element Railway Solutions
14.3.4 SAN Electro Heat
14.3.5 ESA Grimma
14.3.6 Western Sierras
14.3.7 Heat Trace
14.3.8 Backer Calesco
14.3.9 Thermal-Flex Systems
14.3.10 GrayBar
