The warm air heaters market has increased steadily and it is expected to grow at a high rate over the forecast period. The need for efficient heating equipment has led the mechanical systems’ developments in a cost-effective manner. Increased use of warm heaterss in residential and non-residential buildings has driven the industry.
The heating equipment industry is directly influenced by building standards such as International Organization for Standardization (ISO), one of the environmental standards, which has established principles for building designs. It is expected to grow at a substantial pace in future due to increasing demand from replacement market and the need for effective heating solutions.
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Growing concerns about the environment, carbon emissions, energy consumption, and energy efficiency have encouraged the players to invest in the warm heaters industry. Designing heaterss with improved thermal performance, thereby achieving lower costs in both domestic and non-domestic areas reducing the overall heating load has resulted in increased demand.
Lack of product differentiation can act as a challenge to the market since it has increased the competition in the industry. However, the development of new segments in product can provide new opportunities for growth over the forecast period.
The government has also introduced legislations for the environment emphasizing significantly on carbon emissions and fuel efficiency such as alternative fuel vehicles (electric or natural gas) replaced conventional vehicles. This involves encouraging consumers pertaining to the use of smart meters for energy consumption and energy saving, thereby enabling them more energy efficiency.
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Air heating systems are replaced by the traditional water heating systems in the industrial sector and are gaining popularity due to their energy saving abilities in home heating applications. The market is largely dependent on the level of construction activity due to their popularity in commercial and residential areas.
Use of heaterss in residential sector relies on climatic fluctuations. For example, in winter, warm air heaterss demand increases significantly.
Air heaterss are segmented based on product application and components utilization. Based on the product, warm air heaters market can be segmented into radiant heaters, indirect fired heaters, electric forced air heaters, convection, and direct-fired heaters. Based on the application, the industry can be segregated into industrial processes, tunnels, portable buildings, and power generation.
Growing industrial and commercial requirements have made Asia Pacific a lucrative region to invest in the industry, as the consumption rate is higher in these regions, particularly in China and Japan.
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