About Fired Air Heater
Fired air heaters are pieces of equipment often used in processing facilities to heat liquids or gases to the desired temperature. There are two types of fired air heaters, indirect fired air heaters, and direct-fired air heaters. The increasing use of fired air heaters in the industrial as well as in the commercial sector is driving the growth of the fired air heater market. The direct-fired heater has an open flame that provides a safe way to heat commercial and industrial areas by maintaining proper heating of air, which propels the growth of the fired air heaters market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Investment into new product developments by fired heater manufacturing giants has witnessed a marked rise in the recent past, owing to the expanding application scope of fired heaters. These players are also focusing on discovering new materials and innovations in processes, to save on cost while focusing on sustainability. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Fired Air Heater market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Allmand Bros., Inc. (United States), Exotherm Corporation (United States), Hastings HVAC, Inc. (United States), Stelter & Brinck, Ltd. (United States), Thawzall Inc. (United States), Chromalox, Inc (United States), Therm Dynamics Manufacturing Inc. (United States), AbsolutAire, Inc. (United States), TechEngineering S.r.l. (Italy) and Optimized Process Furnaces, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are G.C. Broach Company (United States), Thermax (India), John Wood Group PLC (United Kingdom) and Sigma Thermal (United States).
Segmentation Overview
AMA Research has segmented the market of Global Fired Air Heater market by Type (Indirect Fired Air Heaters and Direct Fired Air Heaters) and Region.
On the basis of geography, the market of Fired Air Heater 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). If we see Market by Heating Capacity, the sub-segment i.e. Up to 10 MMBtu/hr will boost the Fired Air Heater market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Configuration, the sub-segment i.e. Vertical Cylindrical will boost the Fired Air Heater market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Manufacturing will boost the Fired Air Heater market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Preference for Tailor-Made Fired Heaters, Designed By Considering the Specific Requirements of Clients
Market Growth Drivers:
Increasing demand from end-user such as chemicals, manufacturing, mining, oil and gas, pharmaceuticals, warehouses, others are expected to drive the growth of the fired air heaters market. and Growing Demand for Central Heating System in Residential and Commercial Application
Challenges:
Need for Skilled Professionals for Installation of Fired Air Heaters
Restraints:
Stringent Government Regulation for Manufacturing of Fired Air Heaters and Relatively Greater Maintenance Costs Add To the Expenses of Fired Heater Deployments
Opportunities:
Growth Opportunities in Emerging Markets such as India and Increasing Demand from Industrial Sectors such as Chemical and Petrochemicals
In February 2020, Allmand Bros., Inc., a subsidiary of Briggs & Stratton Corporation and a manufacturer of high-performance portable job site equipment, is pleased to announce the launch of its new Night-Lite™ GR-Series light tower line and Maxi-Heat™ 1M BTU towable heater at the 2020 ARA Show.
Key Target Audience
Fired Air Heater Manufacturers, Equipment/Part Suppliers, Traders/Exporters/Importers, End-Use Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.