U.S. Heating Equipment Market to Reach $4.9 Billion by 2025 - Growing Demand for Energy Efficient Heating Equipment - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "U.S. Heating Equipment Market, 2014-2025" report to their offering.

The U.S. heating equipment market is anticipated to reach USD 4.98 billion by 2025. Growing demand for energy efficient heating equipment and favorable government initiatives is projected to augment market demand over the coming years. The heat pumps segment occupied the largest share in 2015 on account of its increasing preference in the industrial and commercial sector. Heat pumps are very efficient in converting energy to heat at low operational cost.

Boilers and furnaces are extensively used heating system in the residential sector. Electric furnaces are gaining wide preference as they require less maintenance, are one of the least expensive, and are free from harmful emissions. Boilers are further categorized on the basis of product, size, and technology.

The growth of housing and construction sector for single and multi-unit dwelling is expected to boost the demand for over the coming years. The sluggish oil & gas prices have further facilitated the wide application of heating equipment in the U.S. industrial and residential segment

Favorable federal and state policies in the U.S. is projected to further drive the demand.Installing energy efficient heating system qualifies residential buyers to claim 10% of the cost of labor, professional preparation, and cost of installation. Rising awareness of greenhouse emissions has led to replacement of old heating equipment by new energy efficient solutions thereby facilitating the market growth.

Companies Mentioned

  • United Technologies Corporation
  • Ingersoll-Rand plc
  • Lennox International, Inc.
  • Burnham Holdings, Inc.
  • Johnson Controls, Inc.
  • Robert Bosch GmbH
  • Honeywell International, Inc.
  • Goodman Manufacturing Company, L.P.
  • Emerson Electric Company
  • Rheem Manufacturing Company, Inc.
  • American Heating Company, Inc.

Key Topics Covered:

1 Methodology and Scope

2 Executive Summary

3 Market Snapshot

4 U.S. Heating Equipment Market Variables, Trends & Scope

5 U.S. Heating Equipment: Product Estimates & Trend Analysis

6 U.S. Heating Equipment: Application Estimates & Trend Analysis

7 Competitive Landscape

8 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/l36zvc/u_s_heating

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: HVAC (Heating, Ventilation, and Air Conditioning)

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: HVAC (Heating, Ventilation, and Air Conditioning)