Fired Air Heaters Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2023 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0208317
  • Format: Electronic (PDF)
  • Number of Pages: 193
  • Author(s): Joshi, Madhavi

Report Overview

The Fired Air Heaters Market size was estimated at USD 4.2 billion in 2023 and is projected to reach USD 6.3 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.20% during the forecast period (2024-2030).

Fired Air Heaters Market

(Market Size)
$4.2 billion
$6.3 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 6.20%
2023 Market Size USD 4.2 billion
2030 Market Size USD 6.3 billion
Key Players Maxon, Honeywell, Eclipse, Selas Heat Technology, Hauck

Market Summary

The fired air heaters market is a critical segment within the manufacturing and construction industries, providing essential heating solutions for various industrial processes and environmental control applications. These heaters operate by directly heating air through combustion of fuels such as natural gas, propane, or oil, making them indispensable in settings requiring large-volume, high-temperature air delivery. The market is characterized by a steady demand driven by the need for efficient and reliable heating systems in sectors like metal processing, chemical manufacturing, food processing, and construction site comfort heating. Key players in this market continuously innovate to enhance energy efficiency, reduce emissions, and improve safety features, aligning with global sustainability trends and stringent environmental regulations. The integration of advanced control systems and IoT-enabled monitoring is gradually becoming a standard, offering users greater operational control and predictive maintenance capabilities. Geographically, the market shows robust activity in regions with significant industrial and construction output, with North America and Europe maintaining strong positions due to their well-established industrial bases and emphasis on energy-efficient technologies.

Key Highlights

The fired air heaters market is distinguished by several key highlights that underscore its importance and evolution. A primary highlight is the increasing adoption of low-NOx and ultra-low-NOx burner technology, which addresses stringent environmental regulations aimed at reducing nitrogen oxide emissions. This technological advancement is particularly prominent in regions with strict air quality standards, driving manufacturers to innovate and comply. Another significant highlight is the growing preference for dual-fuel capable systems, which offer operational flexibility and fuel cost optimization by allowing switching between natural gas and propane based on availability and pricing. The market is also witnessing a surge in the development of smart, connected heaters equipped with IoT sensors and remote monitoring capabilities, enabling real-time performance tracking, fault diagnostics, and preventive maintenance, thereby reducing downtime and operational costs. Furthermore, there is a notable trend towards the use of high-grade stainless steel and other corrosion-resistant materials in heater construction, enhancing durability and lifespan in harsh industrial environments. The emphasis on safety features, including flame supervision systems, overheat protection, and automatic shutdown mechanisms, remains a critical focus area for manufacturers, ensuring compliance with international safety standards and minimizing operational risks.

Drivers, Opportunities & Restraints

The fired air heaters market is influenced by a combination of drivers, opportunities, and restraints that shape its growth trajectory. A major driver is the ongoing expansion of the construction industry, particularly in emerging economies, where these heaters are extensively used for temporary heating during building projects and for curing concrete. The growth in industrial manufacturing activities, especially in sectors like automotive, chemicals, and food processing that require process heating, further propels demand. Additionally, the replacement of outdated, inefficient heating systems with modern, energy-efficient models acts as a significant driver, fueled by rising energy costs and corporate sustainability initiatives. Opportunities in the market are abundant, particularly in the development of renewable fuel-compatible heaters, such as those capable of utilizing biogas or hydrogen blends, aligning with the global shift towards decarbonization. The integration of artificial intelligence for optimizing combustion efficiency and predictive maintenance presents another lucrative opportunity. However, the market faces restraints including the high initial investment associated with advanced, low-emission heater systems, which can deter small and medium-sized enterprises. Fluctuations in raw material prices, such as for steel and copper, can impact manufacturing costs and profitability. Stringent and varying environmental regulations across different regions also pose a challenge, requiring continuous R&D investment to ensure compliance, which can strain resources for some manufacturers.

Concentration Insights

The competitive landscape of the fired air heaters market is moderately concentrated, with a mix of large multinational corporations and specialized regional players dominating the scene. Leading companies such as Space-Ray, Schwank, and Detroit Radiant Products have established strong global presences through extensive distribution networks and robust product portfolios. These industry giants leverage their technological expertise and significant R&D capabilities to introduce innovative products with enhanced efficiency and lower emissions. The market also features several prominent players like Heatrex, Inc., and Lennox International Inc., who focus on specific applications or regions, creating niches within the broader market. Concentration is higher in developed regions like North America and Europe, where technological adoption and regulatory compliance are more advanced. In contrast, emerging markets in Asia-Pacific and Latin America exhibit a more fragmented structure with numerous local manufacturers catering to cost-sensitive segments. Mergers and acquisitions are a common strategy among key players aiming to expand their geographical footprint and acquire new technologies. This concentration dynamic fosters a competitive environment centered on product innovation, energy efficiency, customer service, and the ability to meet diverse regional regulatory standards, compelling companies to continuously improve their offerings to maintain market share.

Type Insights

The fired air heaters market is segmented by type, primarily distinguished by the fuel source and combustion technology employed. The main types include natural gas-fired, propane-fired, and oil-fired air heaters. Natural gas-fired heaters are the most prevalent due to the widespread availability and relatively lower cost of natural gas in many regions, making them a preferred choice for stationary industrial applications and large construction sites with access to pipeline infrastructure. Propane-fired heaters offer greater portability and are ideal for remote or temporary sites where natural gas is not accessible, commonly used in outdoor construction and agricultural settings. Oil-fired heaters, though less common due to higher emissions and fuel handling requirements, are still utilized in specific industrial contexts where other fuels are not viable. Another key classification is based on the combustion process, namely direct-fired and indirect-fired heaters. Direct-fired heaters are highly efficient as they introduce combustion gases directly into the heated space, but they are unsuitable for environments with sensitive materials or air quality concerns. Indirect-fired heaters use a heat exchanger to separate combustion gases from the air stream, making them safe for use in spaces occupied by people or containing contaminants, thus finding extensive use in warehouses, workshops, and manufacturing facilities requiring clean air.

Application Insights

Fired air heaters serve a wide array of applications across the manufacturing and construction industries, underscoring their versatility and critical role. In the construction sector, they are indispensable for temporary site heating, enabling work to continue in cold weather by providing warmth for workers and preventing materials like concrete and plaster from freezing. They are also used for drying and curing processes on construction sites. Within manufacturing, these heaters are pivotal for process heating applications, where maintaining specific temperatures is essential for production. This includes uses in metal fabrication for paint curing and pre-heating, in chemical processing for reactor heating, and in food production for drying and sterilization processes. Warehousing and large storage facilities utilize fired air heaters for space heating to protect inventory and provide a comfortable working environment for employees. Furthermore, they are employed in agricultural settings for barn and greenhouse heating. The specific application dictates the choice of heater type, with direct-fired models often selected for well-ventilated industrial spaces and indirect-fired models chosen for occupied areas or environments with air quality sensitivities, highlighting the importance of matching the heater to the application's requirements for safety and efficiency.

Regional Insights

The demand for fired air heaters exhibits distinct regional variations influenced by industrial activity, climate conditions, and regulatory frameworks. North America represents a significant market, driven by a robust manufacturing sector, large-scale construction projects, and the need for efficient heating in cold climates, particularly in Canada and the northern United States. Stringent environmental regulations in this region, especially in the U.S., push the adoption of low-emission and high-efficiency heater models. Europe follows a similar pattern, with strong demand from its advanced industrial base and a high emphasis on energy efficiency and reducing carbon footprints, led by countries like Germany, the UK, and France. The Asia-Pacific region is anticipated to show substantial growth, fueled by rapid industrialization and massive infrastructure development in nations such as China and India. The colder climates in parts of East Asia also contribute to demand for construction heating solutions. Latin America and the Middle East & Africa are emerging markets where growth is linked to industrial expansion and construction activities, although adoption can be affected by economic volatility and less stringent energy policies. Each region presents unique challenges and opportunities, influencing product preferences and competitive strategies for market players.

Company Insights

The fired air heaters market features a competitive landscape with several key companies driving innovation and market share. Prominent players include Space-Ray, a division of Gas-Fired Products, Inc., renowned for its extensive range of radiant and make-up air heaters, emphasizing durability and efficiency. Schwank, a global leader, is recognized for its advanced infrared heater technology and focus on energy-saving solutions for industrial and commercial spaces. Detroit Radiant Products Company is another major contender, known for its high-quality unit heaters and infrared heating systems designed for large spaces. Lennox International Inc. offers a broad portfolio of heating solutions, including fired air heaters, leveraging its strong brand reputation and distribution network. Other significant participants include Heatrex, Inc., which specializes in infrared tube heaters, and Systemline Limited, known for its architectural and industrial heating products. These companies compete on factors such as product efficiency, technological innovation, compliance with emissions standards, after-sales service, and the ability to provide customized solutions for specific industrial applications. The strategic focus for these leaders involves continuous investment in R&D to develop cleaner, smarter, and more efficient heating products to meet evolving customer demands and environmental regulations.

Recent Developments

The fired air heaters market has witnessed several noteworthy recent developments reflecting the industry's focus on innovation and sustainability. A key trend is the introduction of next-generation burners capable of achieving ultra-low NOx emissions, often below 10 ppm, in response to tightening air quality standards in North America and Europe. Manufacturers are increasingly integrating smart technology into their products, with new models featuring Wi-Fi connectivity, allowing for remote monitoring and control via smartphones or tablets, which enhances user convenience and enables predictive maintenance. There has been a growing development of heaters designed to operate on alternative fuels, including blends of hydrogen and natural gas, as part of the industry's movement towards decarbonization. Companies are also focusing on improving aerodynamic designs and heat exchanger materials to boost thermal efficiency and reduce fuel consumption. Furthermore, strategic acquisitions and partnerships have been observed, with larger entities acquiring smaller specialized firms to broaden their technological capabilities and geographic reach. These developments collectively indicate a market that is dynamically evolving to meet the dual challenges of operational efficiency and environmental responsibility.

Report Segmentation

The comprehensive market report on fired air heaters provides a detailed segmentation to facilitate a thorough understanding of the market dynamics. The segmentation is primarily based on type, categorizing the market into natural gas-fired, propane-fired, and oil-fired air heaters. It further breaks down by technology into direct-fired and indirect-fired heaters, each catering to distinct application needs and safety requirements. The application segmentation covers key end-use sectors including construction (for temporary heating and curing), manufacturing (for process heating in industries like metal, chemical, and food), warehousing & storage, and agriculture. Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, with further country-level analysis for major markets within these regions. This multi-faceted segmentation allows stakeholders to identify specific growth pockets, understand demand patterns across different heater types and applications, and assess regional market potential. The report also delves into qualitative aspects such as regulatory landscape impacts, supply chain analysis, and raw material trends, providing a holistic view essential for strategic planning and investment decisions.

FAQs

What are the different types of fired air heaters?

Fired air heaters are primarily categorized by their fuel source, including natural gas-fired, propane-fired, and oil-fired models. They are also classified by technology as direct-fired, which mix combustion gases with the air stream, and indirect-fired, which use a heat exchanger to keep combustion separate for cleaner air output.

How does an indirect-fired heater work?

An indirect-fired heater operates by burning fuel in a sealed combustion chamber. The heat generated is transferred to a heat exchanger. Air from the space is blown over the hot heat exchanger, warming it without coming into contact with the combustion gases, which are vented outside. This makes it safe for occupied spaces.

What are the advantages of direct-fired heaters?

Direct-fired heaters offer near-total thermal efficiency, typically 100%, because they release both the heat from combustion and the latent heat from the water vapor in the flue gases directly into the space. They are also generally simpler in design, often resulting in a lower initial cost and are suitable for well-ventilated areas.

Where are fired air heaters commonly used?

Fired air heaters are extensively used in the construction industry for temporary site heating and curing concrete. In manufacturing, they provide process heat for applications like paint curing and drying. They are also common in warehouses, agricultural buildings like barns and greenhouses, and large industrial facilities for space heating.

What safety features are important in fired air heaters?

Critical safety features include flame supervision devices that shut off the fuel supply if the flame is extinguished, high-limit switches to prevent overheating, pressure switches to ensure proper ventilation, and tip-over switches for portable units. Oxygen depletion sensors are also vital for indoor models to ensure safe air quality.

What is the difference between a unit heater and a forced air heater?

The term "unit heater" often refers to a specific style of suspended heater that distributes warm air, and it can be either electric or fuel-fired. A "forced air heater" is a broader term describing any heater that uses a fan to blow air over a heat source and circulate it. Many fired air heaters are a type of forced air unit heater.

Citius Research has developed a research report titled “Fired Air Heaters Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Fired Air Heaters Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Fired Air Heaters Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Fired Air Heaters Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Fired Air Heaters Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Fired Air Heaters Market
• Research Methodology
• Executive Summary
• Market Dynamics of Fired Air Heaters Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Fired Air Heaters Market
• Cost and Gross Margin Analysis of Fired Air Heaters Market
• Fired Air Heaters Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Fired Air Heaters Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Fired Air Heaters Market Key Stakeholders

Below are the key stakeholders for the Fired Air Heaters Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Fired Air Heaters Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Fired Air Heaters Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Fired Air Heaters Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Fired Air Heaters Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Fired Air Heaters Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Fired Air Heaters Market is expected to grow at a CAGR of XX% from 2023 to 2030.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.

Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Fired Air Heaters Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Fired Air Heaters Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Fired Air Heaters Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Fired Air Heaters Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Fired Air Heaters Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Fired Air Heaters Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Fired Air Heaters Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Fired Air Heaters Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Fired Air Heaters Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Fired Air Heaters Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Fired Air Heaters Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

Request a detailed Research Methodology for the market.

Request Customization or Sample Report

To request a sample report or for any inquiry regarding this report, please fill out the form below

Yes, I have read the Privacy Policy.

Related Reports






latest reports