South America Unit Heater Market Growth and Analysis by 2028

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)

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