South America Unit Heater Market Growth and Analysis by 2028

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

South America 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 : TIPRE00025722

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 104

Page Updated: Nov 2021

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

The unit heater market in SAM is expected to grow from US$ 194.52 million in 2021 to US$ 286.43 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2021 to 2028.

Brazil and Argentina are economies in SAM. Major unit heater manufacturers are focusing on offering energy-efficient products that offer optimal heating, exhibit low maintenance and operational costs, and operate with decreased emission levels. For instance, Modine Manufacturing Company launched a new unit heater named Affinity, which features a dual heat exchanger, power exhauster, and separated combustion chamber, thereby emitting less CO2 levels and increases the overall heating efficiency.Rising demand for low-noise operations, integration of electric heaters with solar panels, growing use of sensors to automatically adjust the temperature, and elevated efficiency at lower costs are the factors driving the growth of the unit heaters market. The manufacturers are focusing on the implementation of new motor designs with low-noise fans, and the integration of thermostat, remote control option, and screen display in unit heaters.

South American is witnessing growth in various industries over the past few years. Industries such as aerospace, industrial equipment, and automotive have been witnessing fair growth rate; however, the outbreak of COVID-19 has created substantially caused turmoil among the manufacturers across industries which had impacted the adoption of unit heaters. The governments in South America have implemented various containment measures which had affected the economic activities in the region. This has been highlighting limited resources and investments toward product developments, which has slow-downed the adoption of HVAC systems including unit heaters. This factor has negatively impacted the unit heaters market in SAM.

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 SAM unit heater market is expected to grow at a good CAGR during the forecast period.

SAM Unit Heater Market Revenue and Forecast to 2028 (US$ Million)

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

SAM Unit Heater Market Segmentation

SAM Unit Heater Market – By Installation

Horizontal Unit Heater
Vertical Unit Heater
Suspended Unit Heater

SAM Unit Heater Market – By Application

Commercial
Industrial
Residential

SAM Unit Heater Market -By Product Type

Gas Fired
Hydronic
Electric
Others

SAM Unit Heater Market- By Country

Brazil
Argentina
Rest of SAM

SAM Unit Heater Market-Companies Mentioned

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

South America Unit Heater Report Scope

Report Attribute	Details
Market size in 2021	US$ 194.52 Million
Market Size by 2028	US$ 286.43 Million
Global CAGR (2021 - 2028)	5.7%
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	South and Central America Brazil Argentina Rest of South and Central America
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 South America 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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