Europe Unit Heater Market Drivers and Forecasts by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

Europe Unit Heater Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Installation (Horizontal Unit Heater, Vertical Unit Heater, and Suspended Unit Heater), Application (Commercial, Industrial, and Residential), and Product Type (Gas Fired, Hydronic, Electric, and Others)

Report Date : Nov 2021
Report Code : TIPRE00025711

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 107

Page Updated: Nov 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The unit heater market in Europe is expected to grow from US$ 1,076.84 million in 2021 to US$ 1,521.13 million by 2028; it is estimated to grow at a CAGR of 5.1% from 2021 to 2028.

Germany, France ,Italy, Russia, and UK are major economies in Europe. The commercial sector comprises real estate buildings, malls, hotels, restaurants, motels, hospitals, commercial facilities, and community places. It plays an essential role in the progress of the GDP in developing and developed countries. Moreover, during winters, cold regions such as Europe requires a high heating flow in the commercial buildings. These factors are bolstering the demand for unit heaters, thereby leading to the rise in growth of unit heaters market.

The European HVAC manufacturers experienced a lower demand rate in 2020. The European unit manufacturers, including unit heater manufacturers had observed difficult times to keep up with scheduled deliveries of their products. This is mainly owing to the significant disruption in the raw material supply chain. The manufacturers witnessed delay in receiving raw materials, which is led the manufacturers to slow down the production pace, which is showcasing the declination trend in revenue generation for unit heaters. The emergence of COVID-19 has negatively impacted the businesses of European HVAC systems manufacturers in 2020. Additionally, the UK, France, Germany, Spain, and others have observed the second and third wave of COVID-19 in 2021, which has again compelled the manufacturers to restrict their production unit workforce. However, with the mass vaccination drive and growth in commercial and industrial activities the unit heaters market experience growth in sales of unit heaters from Q1 of 2021.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the unit heater market. The Europe unit heater market is expected to grow at a good CAGR during the forecast period.

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Europe Unit Heater Market Segmentation

Europe Unit Heater Market – By Installation

Horizontal Unit Heater
Vertical Unit Heater
Suspended Unit Heater

Europe Unit Heater Market – By Application

Commercial
Industrial
Residential

Europe Unit Heater Market -By Product Type

Gas Fired
Hydronic
Electric
Others

Europe Unit Heater Market- By Country

Germany
France
Italy
Russia
UK
Rest of Europe

Europe Unit Heater Market-Companies Mentioned

Armstrong International Inc.
Dunham-Bush Limited
Kroll Energy GmbH
Reznor HVAC
Thermon Industries, Inc.
Trane

Europe Unit Heater Report Scope

Report Attribute	Details
Market size in 2021	US$ 1,076.84 Million
Market Size by 2028	US$ 1,521.13 Million
Global CAGR (2021 - 2028)	5.1%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Installation Horizontal Unit Heater Vertical Unit Heater Suspended Unit Heater By Application Commercial Industrial Residential By Product Type Gas Fired Hydronic Electric
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	Armstrong International Inc. Dunham-Bush Limited Kroll Energy GmbH Reznor HVAC Thermon Industries, Inc. Trane

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the Europe Unit Heater Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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