Industrial Air Heaters Market Scope
Industrial air heaters are used for many industrial procedures like heating, drying, melting, calcining and conducting chemical processing’s. Air heating is achieved by forced air products and different of radiant and space heaters. This forced air control air Temperature by circulation of air with fan or blower. Indirect heating is achieved by adding a gas to gas Industrial Heat Exchanger at the discharge of the air heater. There are various types of industrial heaters which are able to offer advantage of cross sections and path shapes to optimize specific heating applications. Hence, rising technical advancements with storage facilities, increasing industrial expenditure are expected to drive the demand for industrial air heaters.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Thermobile Industries B.V. (Netherland), Trotec Gmbh (United States), Abbi-Aerotech B.V. (Netherland), Big Dutchman (Germany), Clim.Air.50 S.R.L. (Italy), Dacs A/S (Denmark), Fancom B.V. (Netherland), Holland Heater Export B.V. (Netherland), Master Climate Solutions (Italy), Multiheat Internationall B.V. (France), Munters (India) and Reventa Gmbh (Germany) |
CAGR | % |
The market of Industrial Air Heaters is expected to grow with rising need for industrial activities. Several companies are operating in the market to provide different types of industrial air heaters with their unique feature. The market is highly fragmented with the presence of several market players. Rising market profitability and demand attracting new players to enter in market which in turn increasing market competitiveness.
Thermobile Industries B.V. (Netherland), Trotec Gmbh (United States), Abbi-Aerotech B.V. (Netherland), Big Dutchman (Germany), Clim.Air.50 S.R.L. (Italy), Dacs A/S (Denmark), Fancom B.V. (Netherland), Holland Heater Export B.V. (Netherland), Master Climate Solutions (Italy), Multiheat Internationall B.V. (France), Munters (India) and Reventa Gmbh (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Wesstron Sp.Z O.O. (Poland), Schulz Systemtechnik Gmbh (Germany) and Winterwarm Heating Solutions B.V (Netherland).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Industrial Air Heaters market by Type and Region with country level break-up.
On the basis of geography, the market of Industrial Air Heaters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In January 2024, Laars Heating Systems, a subsidiary of Bradford White Corporation and a leading U.S. designer and manufacturer of boilers, water heaters, and pool heaters used in residential, commercial, and industrial applications, announced that they acquired Electro Industries, Inc., based in Monticello, Minnesota. Electro Industries is a manufacturer of electric boilers, air-to-water heat pump technology, electric duct heaters and controls.
In September 2020, Bradford White Water Heaters has launch new set of commercial gas heater. Company is leading manufacturer of residential industrial and commercial water heating and storage applications. This “eF120” product line incorporates BMS and modulation technology for remote monitoring capability and increased fuel efficiency.
Influencing Trend:
Rapidly Growing Preference for Renewable Energy as Power Sources
Market Growth Drivers:
Rising Demand for Industrial Air Heaters in Number of Industrial Procedures in Oil & Gas, Food and Beverages, and Chemical Laboratories and Increasing Preference for Customized Air Heaters Systems for Efficient Space Constraints
Challenges:
Presence of Several Market Players leads to Strengthen Competition
Restraints:
Huge Cost Requirement for Manufacturing Setup
Opportunities:
Increasing Food Processing and Chemical Industrial Expenditure, Initiatives Taken by Manufacturers for Automations in Industrial Activities with Less Manual Involvement has Created Growth Opportunities and Increasing World Trading and Shipments
Key Target Audience
Industrial Air Heaters Manufacturers, Industrial Air Heaters Suppliers/Distributors, Raw Material Suppliers, Industrial regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry