Industrial Air Heaters Market Size, Share, and Growth Factors: A Comparative Study
Industrial air heaters are heating systems that are designed to provide heat to large industrial spaces such as warehouses, factories, and other commercial or industrial facilities. These heaters are typically fueled by natural gas, propane, or other fossil fuels, and they are used to maintain a comfortable temperature in these large spaces. Like many other industries, the COVID-19 pandemic has had an impact on the industrial air heater industry. Many industrial facilities were forced to shut down or reduce operations during the early stages of the pandemic, which led to a decrease in demand for industrial air heaters.
The pandemic has disrupted global supply chains, including the supply chain for industrial air heaters. This has led to delays in the production and delivery of these products. The pandemic has also changed the way that many industrial facilities operate, with more employees working from home and other changes in work patterns. This has led to a shift in demand for industrial air heaters as facilities adjust to these changes. Overall, the COVID-19 pandemic has hurt the industrial air heater industry, but the industry will likely recover as the pandemic comes under control and economic conditions improve.
According to MRFR analysis, the global Industrial Air Heaters market Size is expected to register a CAGR of ~3% from 2022 to 2030 and hold a value of over USD 797.9 million by 2030.
Regional Analysis
Asia Pacific is projected to grow at the highest rate in the global industrial air heaters market during the forecast period, due to the rapid growth in industrial sectors in this region. Europe is expected to follow Asia Pacific, owing to the large number of industries present in the region, which require industrial air heaters for various processes.
North America is estimated to be a major market for industrial air heaters due to advancements in industrial processing technologies, which is projected to drive the market in this region during the forecast period.
Market Segmentation
The Global Industrial Air Heaters market has been segmented into fuel type, material type, end-use, and application.
Based on the fuel type, the market has been segmented into gasoline-powered, diesel-powered, natural fuel-powered, and electric-powered.
Based on the material type, the market has been segmented into steel, aluminum, and alloy.
Based on the end use, the market has been segmented into general manufacturing, food & beverages, and medical & pharmaceutical.
Based on the application, the market has been segmented into air & gas heating, chemical reactor, lube & fuel oil heating, water-glycol heating, and medical packaging application.
Key Players
Some of the key market players are Chromalox, Inc., Titan Industrial Heating Systems Inc, Babcock Wanson, Mitsubishi Heavy Industries Machinery Systems, Backer Hotwatt Inc, Heaters Controls and Sensors Ltd, Auzhan Electric Appliances, Penn Radiant Products, Heatrod Elements, and OhmEx Industrielle Elektrowärme GmbH.
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