Market Overview:
The global indirect fired air heater 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 indirect fired air heaters in various applications such as oil & gas, airline, mining & construction, and others. In addition, the growing demand for energy-efficient heating solutions is also contributing to the growth of this market. Based on type, the global indirect fired air heater market can be segmented into under 500 K BTU/H, 500-1000 K BTU/H and over 1000 K BTU/H segments. The under 500 K BTU/H segment is projected to grow at a higher CAGR during the forecast period owing to its low installation cost and easy operability. Based on application, the global indirect fired air heater market can be divided into oil & gas, airline industry (including both commercial and military), mining & construction sector and other applications including agricultural sector among others).
Product Definition:
An indirect fired air heater is a type of industrial furnace that uses gas or oil to heat air, which is then blown into a space such as a factory or warehouse. The importance of an indirect fired air heater is that it can provide efficient and consistent heat for large spaces.
Under 500 K BTU/H:
Under 500 K BTU/H is a measure of heat input required to raise the temperature of one US gallon of water by one degree Fahrenheit. Heat input measures the amount of energy (calories) needed to bring about a change in temperature. One Btu is equal to 0.00055 kWh; therefore, 1 Btu/lbm 2 = 0.00055 kWh/lbm or 1 J/(kg•km).
500-1000 K BTU/H:
500-1000 K BTU/H is the range of heat transfer fluid that can be produced from various sources such as gas, steam, and hot water. It is used in indirect fired air heater which has a wide application area including chemical processing industries, petrochemical plants and power generation industries.
Application Insights:
The application segment includes oil & gas, airline, mining & construction, and others. The oil & gas industry is one of the leading users of indirect fired air heaters as they are used to heat process oils that are used in various operations such as drilling for new wells and production of petroleum products.
Indirect fired air heaters have been witnessing increased demand from the mining and construction industries owing to their ability to provide even heating across large areas with low energy consumption per unit area. They also offer flexibility in operation since they can be controlled using a remote monitoring system or operated manually if required. These factors have led to an increase in demand for these devices from these industries over the recent past years. Other applications include food processing plants, chemical plants among others where processes need uniform temperature throughout the plant without having a negative impact on energy efficiency or cost savings when compared with other methods of heating equipment selectionally applied across multiple facilities globally by Indirect Heater Manufacturers Association (IHMA).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing construction activities in emerging economies, such as India and China. In addition, rising oil & gas exploration activities are also anticipated to drive the demand for GFAH in Asia Pacific over the forecast period.
The Middle East & Africa region is projected to witness significant growth during the forecast years owing to increasing government investments in infrastructure development projects across countries such as Saudi Arabia and UAE. Furthermore, rapid expansion of airline services by companies like Delta Airlines Inc.; United Airlines; American Airlines; Alitalia; EgyptAir; Royal Jordanian Airway Co.; Kuwait Airways Corporation Ltd.
Growth Factors:
- Increasing demand for indirect fired air heaters from the end-use industries, owing to the growing need for heating and drying applications
- Rising investments in infrastructure development projects across the globe
- Growing popularity of energy-efficient indirect fired air heaters
- Proliferation of smart technologies in indirect fired air heaters
- Stringent environmental regulations mandating use of energy-efficient equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Indirect Fired Air Heater Market Research Report
By Type
Under 500 K BTU/H, 500-1000 K BTU/H, Over 1000 K BTU/H
By Application
Oil & Gas, Airline, Mining & Construction, Other
By Companies
Mac Heaters, Therm Dynamics, Torqued Heat, Allmand, Rotational Energy, Thawzall, Multitek, ConleyMax Heaters, Flagro, JetHeat, Tioga Air Heaters, Wacker Neuson
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Indirect Fired Air Heater Market Report Segments:
The global Indirect Fired Air Heater market is segmented on the basis of:
Types
Under 500 K BTU/H, 500-1000 K BTU/H, Over 1000 K BTU/H
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
Oil & Gas, Airline, Mining & Construction, 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:
- Mac Heaters
- Therm Dynamics
- Torqued Heat
- Allmand
- Rotational Energy
- Thawzall
- Multitek
- ConleyMax Heaters
- Flagro
- JetHeat
- Tioga Air Heaters
- Wacker Neuson
Highlights of The Indirect Fired Air Heater 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:
- Under 500 K BTU/H
- 500-1000 K BTU/H
- Over 1000 K BTU/H
- By Application:
- Oil & Gas
- Airline
- Mining & Construction
- 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 Indirect Fired Air Heater 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?
An indirect fired air heater is a type of heating system that uses the heat from an external source to warm the room or space it is in. This type of heater can be used in places where there is no natural gas or oil available, such as apartments and condos.
Some of the major players in the indirect fired air heater market are Mac Heaters, Therm Dynamics, Torqued Heat, Allmand, Rotational Energy, Thawzall, Multitek, ConleyMax Heaters, Flagro, JetHeat, Tioga Air Heaters, Wacker Neuson.
The indirect fired air heater market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Indirect Fired Air Heater Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Indirect Fired Air Heater Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Indirect Fired Air Heater Market - Supply Chain
4.5. Global Indirect Fired Air Heater Market Forecast
4.5.1. Indirect Fired Air Heater Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Indirect Fired Air Heater Market Size (000 Units) and Y-o-Y Growth
4.5.3. Indirect Fired Air Heater Market Absolute $ Opportunity
5. Global Indirect Fired Air Heater Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Indirect Fired Air Heater Market Size and Volume Forecast by Type
5.3.1. Under 500 K BTU/H
5.3.2. 500-1000 K BTU/H
5.3.3. Over 1000 K BTU/H
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Indirect Fired Air Heater Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Indirect Fired Air Heater Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. Airline
6.3.3. Mining & Construction
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Indirect Fired Air Heater Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Indirect Fired Air Heater Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Indirect Fired Air Heater Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Indirect Fired Air Heater Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Indirect Fired Air Heater Demand Share Forecast, 2019-2026
9. North America Indirect Fired Air Heater Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Indirect Fired Air Heater Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Indirect Fired Air Heater Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. Airline
9.4.3. Mining & Construction
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Indirect Fired Air Heater Market Size and Volume Forecast by Type
9.7.1. Under 500 K BTU/H
9.7.2. 500-1000 K BTU/H
9.7.3. Over 1000 K BTU/H
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Indirect Fired Air Heater Demand Share Forecast, 2019-2026
10. Latin America Indirect Fired Air Heater Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Indirect Fired Air Heater Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Indirect Fired Air Heater Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. Airline
10.4.3. Mining & Construction
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Indirect Fired Air Heater Market Size and Volume Forecast by Type
10.7.1. Under 500 K BTU/H
10.7.2. 500-1000 K BTU/H
10.7.3. Over 1000 K BTU/H
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Indirect Fired Air Heater Demand Share Forecast, 2019-2026
11. Europe Indirect Fired Air Heater Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Indirect Fired Air Heater Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Indirect Fired Air Heater Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. Airline
11.4.3. Mining & Construction
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Indirect Fired Air Heater Market Size and Volume Forecast by Type
11.7.1. Under 500 K BTU/H
11.7.2. 500-1000 K BTU/H
11.7.3. Over 1000 K BTU/H
1.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Indirect Fired Air Heater Demand Share, 2019-2026
12. Asia Pacific Indirect Fired Air Heater Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Indirect Fired Air Heater Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Indirect Fired Air Heater Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. Airline
12.4.3. Mining & Construction
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Indirect Fired Air Heater Market Size and Volume Forecast by Type
12.7.1. Under 500 K BTU/H
12.7.2. 500-1000 K BTU/H
12.7.3. Over 1000 K BTU/H
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Indirect Fired Air Heater Demand Share, 2019-2026
13. Middle East & Africa Indirect Fired Air Heater Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Indirect Fired Air Heater Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Indirect Fired Air Heater Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. Airline
13.4.3. Mining & Construction
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Indirect Fired Air Heater Market Size and Volume Forecast by Type
13.7.1. Under 500 K BTU/H
13.7.2. 500-1000 K BTU/H
13.7.3. Over 1000 K BTU/H
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Indirect Fired Air Heater Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Indirect Fired Air Heater Market: Market Share Analysis
14.2. Indirect Fired Air Heater Distributors and Customers
14.3. Indirect Fired Air Heater Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mac Heaters
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Therm Dynamics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Torqued Heat
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Allmand
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Rotational Energy
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Thawzall
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Multitek
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ConleyMax Heaters
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Flagro
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. JetHeat
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Tioga Air Heaters
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Wacker Neuson
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
