The warm air heaters is expected to grow at the CAGR of 15.23% during 2016-2022 and it estimated to be $11.25 billion by 2022. Warm air heating systems heat a property by supplying warm air into the rooms through vents in either the ceiling, walls or floor. The growing need for efficient heating equipment has resulted in the development of mechanical systems in a cost effective manner. Moreover, its increasing usage in residential and non-residential industry has boosted the market growth. The global heating industry is majorly influenced by building standards which has set principles for designs of building. The increasing demand from replacement market is also expected to contribute significantly towards the growth of the warm air heaters market. Increasing concerns about the carbon emissions, environment, energy efficiency and energy consumption have encouraged the companies to invest in the warm heaters sector.
Air heating methods are substituted by the old water heating methods in the industrial sector are getting more popularity due to their energy saving capabilities in many heating applications. The market is mainly reliant on the level of construction activity due to their higher use in residential and commercial areas. The designing and development of heaters with improved thermal performance has resulted in achieving lower cost in both non-domestic and domestic fields which leads to the reduction in overall heating load and resulting in increasing demand for warm air heaters. High initial cost and complex manufacturing method are anticipated to hamper the growth of the market in the upcoming scenario. However, new division’s development are likely to create significant growth opportunities for the market during the future years.
The global warm air heaters market can be segregated on the basis of product types, application and geography. On the basis of product type warm air heaters are segmented into convection heaters, radiant heaters, fired heaters, and electric forced air heaters. Moreover, the fired heaters can further be sub-segmented into direct and indirect fired heaters. And electric forced air heater includes industrial compact space saving electric forced heaters and air duct heaters. By application, market is segmented into industrial processes, portable buildings, tunnels, power generation and others. In these industrial process and buildings are the main application for the warm air heaters market.
The global warm air heaters market can be analyzed through various regional aspects including Asia Pacific, North America, Europe and RoW. Some of the countries in Europe and the U.S. having severe cold climate for a long duration, which rises the demand of heaters during the particular time duration. The demand for warm air heaters is growing in the US, mainly in the states, such as California, Florida, and Texas. As there is lot of advances in the heaters in China, the demand of warm air heaters from town households in the country has augmented considerably during the current years. Moreover, the heaters with water-resistant and moisturizing features are getting more popularity in China. The Asia-Pacific warm air heaters market is estimated to grow with the highest rate in the future years, because of rising commercial and industrial requirements and new development. In China, Heating, ventilation and air conditioning (HVAC) equipment market is estimated to grow progressively in the future years, due to stable demand from households in the country. In Europe, the retrieval of economy in the region is anticipated to deliver plenty growth opportunities for the market. The replacement of analog systems with energy effective systems is one of the key features supporting the growth of the market in the region.
The major market players for warm air heaters market are AJ Well and Sons, AmbiRad, Babcock Wanson, Biddle Air Systems, Dowd HVAC, Electrolux AB, Reznor UK, Winterwarm BV etc. These companies are investing hugely in research and development to come up with novel, smart, superior and efficient equipment. Equipment that offers efficiency will provide huge growth and development opportunities. There is high initial cost with the equipment for that market players are working on low cost and effective equipment. Companies are working for much strategic initiative such as technical collaboration, mergers & acquisitions and product portfolio expansion to capture more market share. In a strategic move Biddle Air System introduced MAT HYBRID on July 2015. It is a multi-stream air curtain which splits the cold store environment from the ambient environment. The Mat Hybrid makes use of waste warmth from the cooling machines in order to save energy and can be able to handle heat differences up to 40 °C between the cold store area and the ambient area. This moves will enhance the company`s product portfolio and make the market position strong.
