Global outlook of the warm air heater market

Technavio’s market research analysts predict the global warm air heater market to grow steadily during the forecast period and post a CAGR of almost 3% by 2020. This industry research report identifies the growing demand for retrofitting to be one of the major factors that will have a positive impact on the growth of the warm air heaters market in the coming years. Retrofitting involves the replacement of old equipment with new technologies to enhance the efficiency and output and will in turn, augment the need for HVAC systems. The development of infrastructure in the emerging countries such as India and China will be one of the major reasons for retrofitting where the existing infrastructure is replaced with energy-efficient HVAC equipment. Such retrofitting activities will mainly focus on reducing operating costs and increasing energy efficiency and will demand the installation of new heating equipment and warm air heaters, consequently driving market growth.

The emergence of building energy management systems (BEMS) will be one of the major trends that will gain traction in the warm air heating system market during the next four years. The adoption of BEMS technology will help building owners lower their energy consumption while improving productivity. The increased need for energy efficiency and cost reduction in both the commercial and  residential buildings will drive the demand for BEMS, which in turn, will create the demand for HVAC systems.

Competitive landscape and key vendors

Characterized by the presence of several well-established international and regional vendors, this market appears to be fragmented. As customers mainly prefer the reliable and efficient heating systems offered by established players, the market is dominated by the international warm air heater manufacturers. Owing to the need for high capital, there are a very few local and small-scale players in the market. The regional players often find it difficult to sustain the competition in terms of large-scale or technically demanding projects. An increase in product extensions, technological innovations, and strategic M&A will intensify the level of competition among the market players.

The leading vendors in the market are -

• AmbiRad
• Johnson & Starley
• Kroll Energy
• Powrmatic
• Winterwarm Heating Solutions

The other prominent vendors in the market are Schwank, Colt International, Reznor, Dantherm, Babcock Wanson, Dimplex, Combat HVAC, Diffusion Group, FLOWAIR (Robur), Flexiheat UK, Dunham-Bush, BMM Heaters, Warmflow, Systema, and IWE Industriewärmetechnik & Elektrotechnik.

Segmentation by end-users and analysis of the warm air heater market

• Residential
• Non-residential

During 2015, the residential segment accounted for the major market shares and dominated the industry. The growth of the residential sector due to factors such as reduced costs and improvement in operations and maintenance, will drive the need to maintain indoor air quality, which will subsequently drive market growth.

Geographical segmentation and analysis of the warm air heater market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographical regions, EMEA will be the major revenue contributor to the market throughout the next four years. The increased adoption of smart monitoring systems such as building energy management system (BEMS) and the rise in construction activities and extreme climatic conditions of the Middle East, will drive the growth of the market in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global warm air heater market?
• What are the key market trends impacting the growth of the global warm air heater market?
• What are the challenges to market growth?
• Who are the key vendors in the global warm air heater market?
• What are the market opportunities and threats faced by the vendors in the global warm air heater market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global warm air heater market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

• Global Tankless Water Heater Market 2016-2020
• Global Smart Solar Market 2016-2020