North America & Europe Unit Heater Market Size and Forecasts (2020-2030)

North America & Europe Unit Heater Market Size and Forecasts (2020-2030)

North America & Europe Unit Heater Market Size and Forecasts (2020 – 2030), Regional Share, Trends, and Growth Opportunity Analysis – By Product Type (Gas Fired, Hydronic, Electric, and Others), Installation (Horizontal, Vertical, and Suspended), and Application (Commercial, Industrial, and Residential)

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Description

The North America & Europe unit heater market was valued at US$ 2.38 billion in 2022 and is expected to reach US$ 33.75 billion by 2030; it is estimated to register a CAGR of 5.9% from 2022 to 2030.

North America & Europe Unit Heater Market Overview

A unit heater is a self-contained heating appliance that can run on a variety of energy sources. Hot water, steam, No. 2 fuel oil, propane, and natural gas are a few energy sources that could be used. A heat exchanger, through which air from the heated room is blown, is usually included in the equipment. A blade fan or a squirrel cage fan can be used for this purpose. A squirrel cage fan has much higher air flows and blowing distances. Large spaces, such as workshops and engine rooms, are heated using unit heaters. The number of unit heaters used for heating increases as the size of the facility that must be kept at a certain temperature rises. Factors contributing to the market growth include the growing commercial sector across North America and Europe, increasing demand for energy-efficient unit heaters, and rising integration of smart technologies in unit heaters.

North America & Europe Unit Heater Market Driver

Rising demand for low-noise operations, increasing 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 North America & Europe unit heater market. Manufacturers are focusing on implementing new motor designs by installing low-noise fans, thermostats, remote control options, and screen displays in unit heaters. Further, the increase in demand for energy-efficient equipment in food & beverages, manufacturing, chemicals, pharmaceutical, oil & gas, and other sectors is boosting the unit heater market growth. According to the US Energy Information Administration (EIA), manufacturing accounted for ~77% of industrial energy consumption. In addition, the growing replacement and maintenance of unit heaters are driving the demand for energy-efficient unit heaters in the region. This propels the North America & Europe unit heater market size in both the regions.

North America & Europe Unit Heater Market Growth

Europe unit heater market is segmented into Germany, France, Italy, Russia, the UK, Denmark, Norway, Poland, Sweden, and the Rest of Europe. Europe has encouraged technological advancements; the region’s growth is characterized by high GDP and GDP per capita, vast industrialization, well-established construction infrastructure, elevated standard of living, etc. The region is one of the prominent markets for unit heaters as many countries have cold climates for long periods. Western Europe and Nordic countries account for a larger share of the total sales of advanced HVAC systems, such as unit heaters, than Eastern Europe.

Additionally, Europe has a well-established commercial infrastructure. Governments of various countries in the region are highly focused on maintaining healthy indoor environments and public safety. Further, the existence of stringent labor safety norms, coupled with a positive outlook toward the adoption of advanced atmospheric systems for various industrial operations, is driving the adoption of heating equipment, including unit heaters, across the industrial sector in Europe. Moreover, companies are developing advanced HVAC sensors to improve the efficiency of HVAC systems. For instance, in March 2020, BELIMO, a Switzerland-based company, introduced new ultrasonic flow sensors for HVAC applications. These inline flow sensors are equipped with automatic glycol measurement and compensation features for maximizing HVAC system efficiency. Thus, the rise in significant developments in sensors to improve system efficiency in the industrial, commercial, and residential sectors is propelling the growth of the North America & Europe unit heater market.

North America & Europe Unit Heater Market Players

Airtherm (Mestek Inc), Armstrong International Inc, Beacon Morris, Modine Manufacturing Co, KING ELECTRICAL MFG CO, Kroll Energy GmbH, Reznor HVAC (Nortek), Thermon Industries Inc, Trane Inc, and Turbonics Inc are among the key North America & Europe unit heater market players profiled during this market study. In addition to these players, several other important North America & Europe unit heater market players were also studied and analyzed during this market research study to get a holistic view of both the markets and their ecosystem.

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According to our latest study on “North America & Europe Unit Heater Market Size and Forecasts (2020 – 2030), Regional Share, Trends, and Growth Opportunity Analysis by Product Type, Installation, Application, and Geography,” the unit heater market was valued at US$ 2.38 billion in 2022 and is expected to reach US$ 3.75 billion by 2030; it is estimated to register a CAGR of 5.9% from 2022 to 2030. The increased demand for energy-efficient unit heaters and the flourishing commercial sector drives the market. However, concerns related to emissions are expected to hinder the market’s growth.

Unit heaters are available in various sizes and shapes. The next-generation unit heaters are designed with a greater emphasis on comfort, ease of use, automated operations, and remote control. Currently, unit heaters are integrated with warning indicators, fireproof materials, and explosion-proof features to make them user-friendly. Major manufacturers such as Qubino and Armstrong are working on incorporating intelligent technologies in their unit heaters. Heating equipment offered by Qubino features easy scheduling, remote access, energy tracking, color touchscreen, and sensor technologies. Manufacturers such as Goodman Manufacturing Company and Qubino are also focusing on integrating the Internet of Things (IoT) and artificial intelligence (AI) in their unit heaters. Amana—a heating, ventilation, and air conditioning (HVAC) equipment manufacturing company—is engaged in integrating intelligent communicating technology in unit heaters to automate operations to offer a better consumer experience with high comfort. Furthermore, the incorporation of smart thermostats, Bluetooth connectivity, Wi-Fi connection, and intelligent circuit boards is expected to raise the demand for smart unit heaters during the forecast period. For instance, unit heaters integrated with AI and machine learning are better at understanding the consumer usage pattern and evaluating the time and duration of the usage, which further eliminates the user’s requirement to operate the unit heater physically. Thus, integrating smart technologies with unit heaters is expected to become a significant trend in the North America & Europe unit heater market.

Flourishing Commercial Sector Provides Lucrative Opportunities for North America & Europe Unit Heater Market

The commercial sector comprises real estate buildings, malls, hotels, restaurants, motels, hospitals, commercial facilities, and community places. It plays an essential role in the progress of the GDP in developing and developed countries. For instance, in the recent report published by the Department of Business, Energy, and Industrial Strategy, the real estate sector contributed US$ 2.14 billion to the total GDP of the UK in 2022. According to the US Department of Commerce, the commercial sector stands among the top three contributors to the country’s GDP, with a contribution of 3.8% to the country’s GDP. Furthermore, commercial investment in the US increased by 3% from 2020 to 2021.

As per the US Bureau of Economic Analysis (BEA), in 2020, 501 commercial real estate transactions were completed in the US. According to the recent Canadian Real Estate Wealth report, the Canadian real estate sector invested US$ 58.5 billion in 2022, nearly matching the investments made in 2021. The European Union is focusing on developing new clinics and hospitals during 2021–2027. Furthermore, there has been an increase in the number of hospitals due to the high number of COVID-19 patients and the rise in government spending for establishing more jumbo hospitals for COVID-19 care in 2020 and 2021 across the globe. These hospitals require a constant flow of heat for various operations, such as cleaning, drinking water sterilization, and sanitization. Moreover, cold regions such as Europe and North America require a high heating flow in commercial buildings during winter. These factors bolster the demand for unit heaters, thereby leading to the growth of the unit heaters market.

North America & Europe Unit Heater Market: Segmental Overview

The North America & Europe unit heater market is segmented based on product type, installation, application, and geography. Based on product type, the North America & Europe unit heater market is segmented into gas fired, hydronic, electric, and others. The hydronic segment accounted for a major share of the global North America & Europe unit heater market in 2022. Based on installation, the market is segmented into horizontal unit heater, vertical unit heater, and suspended unit heater. The horizontal unit heater segment held the largest share of the global North America & Europe unit heater market. Based on application, the North America & Europe unit heater market is segmented into commercial, industrial, and residential. The commercial segment held the largest North America & Europe unit heater market share. Based on geography, the market is segmented into North America and Europe. In 2022, North America held a larger North America & Europe unit heater market share than Europe. However, the European North America & Europe unit heater market size is anticipated to grow faster during the forecast period.

North America & Europe Unit Heater Market Analysis: Competitive Landscape and Key Developments

Airtherm (Mestek Inc), Armstrong International Inc, Beacon Morris, Modine Manufacturing Co, KING ELECTRICAL MFG CO, Kroll Energy GmbH, Reznor HVAC (Nortek), Thermon Industries Inc, Trane Inc, and Turbonics Inc are among the key North America & Europe unit heater market players profiled during this market study. In addition to these players, several other important North America & Europe unit heater market players were also studied and analyzed during this market research study to get a holistic view of both the markets and their ecosystem. The leading North America & Europe unit heater market players focus on feature upgrades, expansion and diversification, collaboration, and acquisition strategies, which enable them to grab new business opportunities.

• In November 2022, Nortek Global HVAC (NGH) announced the launch of three new capacities for the Reznor UEZ condensing gas-fired unit heater. The models are anticipated to supply fuel-efficient heating to ensure cost-effective operation while promoting the safety and comfort of building occupants.

• In May 2021, Nortek Global HVAC (NGH), a leading manufacturer of unit heaters, announced plans to redesign its entire Reznor brand of gas-fired unit heaters for the North America market.

• In October 2019, Modine Manufacturing Company, a leading unit heater manufacturer, announced the release of a new Lodronic low-temperature water heater designed to provide maximum efficiency in a compact, lightweight, energy-saving format.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America & Europe unit heater market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations such as specific country and segmental insight highlights crucial progressive industry trends in the North America & Europe unit heater market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness (Revenue)
2.3 Market Attractiveness (Volume)
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Unit Heater Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
5. Unit Heater Market – Key Industry Dynamics
5.1 Unit Heater Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Increasing Demand for Energy-Efficient Unit Heaters
5.2.2 Flourishing Commercial Sector
5.3 Market Restraints
5.3.1 Carbon Emission Concerns
5.3.2 High Capital Expenditure Associated with Development of Unit Heaters
5.4 Market Opportunities
5.4.1 Advances in Design that Complement Modern Infrastructure
5.4.2 Growing Popularity of Ductless Unit Heaters
5.5 Future Trends
5.5.1 Implementation of Smart Technologies with Unit Heaters
5.6 Impact of Drivers and Restraints:
6. Unit Heater Market – Global Market Analysis
6.1 North America & Europe Unit Heater Market Revenue (US$ Million), 2022 – 2030
6.2 North America & Europe Unit Heater Market Volume (Thousand Units), 2022 – 2030
6.3 North America & Europe Unit Heater Market Forecast and Analysis
7. North America & Europe Unit Heater Market Analysis – Product Type
7.1 Gas Fired
7.1.1 Overview
7.1.2 Gas Fired Unit Heater Market Revenue and Forecast to 2030 (US$ Million)
7.1.3 Gas Fired Unit Heater Market Volume and Forecast to 2030 (Thousand Units)
7.2 Hydronic
7.2.1 Overview
7.2.2 Hydronic Unit Heater Market Revenue and Forecast to 2030 (US$ Million)
7.2.3 Hydronic Unit Heater Market Volume and Forecast to 2030 (Thousand Units)
7.3 Electric
7.3.1 Overview
7.3.2 Electric Unit Heater Market Revenue and Forecast to 2030 (US$ Million)
7.3.3 Electric Unit Heater Market Volume and Forecast to 2030 (Thousand Units)
7.4 Others
7.4.1 Overview
7.4.2 Others Unit Heater Market Revenue and Forecast to 2030 (US$ Million)
7.4.3 Others Unit Heater Market Volume and Forecast to 2030 (Thousand Units)
8. North America & Europe Unit Heater Market Analysis – Installation
8.1 Horizontal Unit Heater
8.1.1 Overview
8.1.2 Horizontal Unit Heater Market Revenue and Forecast to 2030 (US$ Million)
8.1.3 Horizontal Unit Heater Market Volume and Forecast to 2030 (Thousand Units)
8.2 Vertical Unit Heater
8.2.1 Overview
8.2.2 Vertical Unit Heater Market Revenue and Forecast to 2030 (US$ Million)
8.2.3 Vertical Unit Heater Market Volume and Forecast to 2030 (Thousand Units)
8.3 Suspended Unit Heater
8.3.1 Overview
8.3.2 Suspended Unit Heater Market Revenue and Forecast to 2030 (US$ Million)
8.3.3 Suspended Unit Heater Market Volume and Forecast to 2030 (Thousand Units)
9. North America & Europe Unit Heater Market Analysis – Application
9.1 Commercial
9.1.1 Overview
9.1.2 Commercial Unit Heater Market Revenue and Forecast to 2030 (US$ Million)
9.1.3 Commercial Unit Heater Market Volume and Forecast to 2030 (Thousand Units)
9.2 Industrial
9.2.1 Overview
9.2.2 Industrial Unit Heater Market Revenue and Forecast to 2030 (US$ Million)
9.2.3 Industrial Unit Heater Market Volume and Forecast to 2030 (Thousand Units)
9.3 Residential
9.3.1 Overview
9.3.2 Residential Unit Heater Market Revenue and Forecast to 2030 (US$ Million)
9.3.3 Residential Unit Heater Market Volume and Forecast to 2030 (Thousand Units)
9.4 Cross Segmentation Analysis
10. North America & Europe Unit Heater Market – Geographical Analysis
10.1 Overview
10.2 North America
10.2.1 North America Unit Heater Market Overview
10.2.2 North America Unit Heater Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.3 North America Unit Heater Market Breakdown by Product Type
10.2.3.1 North America Unit Heater Market Revenue Forecasts and Analysis – By Product Type
10.2.3.2 North America Unit Heater Market Volume Forecasts and Analysis – By Product Type
10.2.4 North America Unit Heater Market Breakdown by Installation
10.2.4.1 North America Unit Heater Market Revenue Forecasts and Analysis – By Installation
10.2.4.2 North America Unit Heater Market Volume Forecasts and Analysis – By Installation
10.2.5 North America Unit Heater Market Breakdown by Application
10.2.5.1 North America Unit Heater Market Revenue Forecasts and Analysis – By Application
10.2.5.2 North America Unit Heater Market Volume Forecasts and Analysis – By Application
10.2.5.3 North America Unit Heater Market Revenue Forecasts and Cross Segmentation Analysis
10.2.5.4 North America Unit Heater Market Volume Forecasts and Cross Segmentation Analysis
10.2.6 North America Unit Heater Market Revenue and Forecasts and Analysis – By Country
10.2.6.1 North America Unit Heater Market Revenue Forecasts and Analysis – By Country
10.2.6.2 North America Unit Heater Market Volume Forecasts and Analysis – By Country
10.2.6.3 US Unit Heater Market Forecasts to 2030 (US$ Mn and Thousand Units)
10.2.6.3.1 US Unit Heater Market Breakdown by Product Type
10.2.6.3.2 US Unit Heater Market Breakdown by Installation
10.2.6.3.3 US Unit Heater Market Breakdown by Application
10.2.6.3.4 US Unit Heater Market Cross Segmentation Analysis
10.2.6.4 Canada Unit Heater Market Forecasts to 2030 (US$ Mn and Thousand Units)
10.2.6.4.1 Canada Unit Heater Market Breakdown by Product Type
10.2.6.4.2 Canada Unit Heater Market Breakdown by Installation
10.2.6.4.3 Canada Unit Heater Market Breakdown by Application
10.2.6.4.4 Canada Unit Heater Market Cross Segmentation Analysis
10.2.6.5 Mexico Unit Heater Market Forecasts to 2030 (US$ Mn and Thousand Units)
10.2.6.5.1 Mexico Unit Heater Market Breakdown by Product Type
10.2.6.5.2 Mexico Unit Heater Market Breakdown by Installation
10.2.6.5.3 Mexico Unit Heater Market Breakdown by Application
10.2.6.5.4 Mexico Unit Heater Market Cross Segmentation Analysis
10.3 Europe
10.3.1 Europe Unit Heater Market Overview
10.3.2 Europe Unit Heater Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.3 Europe Unit Heater Market Breakdown by Product Type
10.3.3.1 Europe Unit Heater Market Revenue Forecasts and Analysis – By Product Type
10.3.3.2 Europe Unit Heater Market Volume Forecasts and Analysis – By Product Type
10.3.4 Europe Unit Heater Market Breakdown by Installation
10.3.4.1 Europe Unit Heater Market Revenue Forecasts and Analysis – By Installation
10.3.4.2 Europe Unit Heater Market Volume Forecasts and Analysis – By Installation
10.3.5 Europe Unit Heater Market Breakdown by Application
10.3.5.1 Europe Unit Heater Market Revenue Forecasts and Analysis – By Application
10.3.5.2 Europe Unit Heater Market Volume Forecasts and Analysis – By Application
10.3.5.3 Europe Unit Heater Market Revenue Forecasts and Cross Segmentation Analysis
10.3.5.4 Europe Unit Heater Market Volume Forecasts and Cross Segmentation Analysis
10.3.6 Europe Unit Heater Market Revenue and Forecasts and Analysis – By Country
10.3.6.1 Europe Unit Heater Market Revenue Forecasts and Analysis – By Country
10.3.6.2 Europe Unit Heater Market Volume Forecasts and Analysis – By Country
10.3.6.3 Germany Unit Heater Market Forecasts to 2030 (US$ Mn and Thousand Units)
10.3.6.3.1 Germany Unit Heater Market Breakdown by Product Type
10.3.6.3.2 Germany Unit Heater Market Breakdown by Installation
10.3.6.3.3 Germany Unit Heater Market Breakdown by Application
10.3.6.3.4 Germany Unit Heater Market Cross Segmentation Analysis
10.3.6.4 France Unit Heater Market Forecasts to 2030 (US$ Mn and Thousand Units)
10.3.6.4.1 France Unit Heater Market Breakdown by Product Type
10.3.6.4.2 France Unit Heater Market Breakdown by Installation
10.3.6.4.3 France Unit Heater Market Breakdown by Application
10.3.6.4.4 France Unit Heater Market Cross Segmentation Analysis
10.3.6.5 Italy Unit Heater Market Forecasts to 2030 (US$ Mn and Thousand Units)
10.3.6.5.1 Italy Unit Heater Market Breakdown by Product Type
10.3.6.5.2 Italy Unit Heater Market Breakdown by Installation
10.3.6.5.3 Italy Unit Heater Market Breakdown by Application
10.3.6.5.4 Italy Unit Heater Market Cross Segmentation Analysis
10.3.6.6 Russia Unit Heater Market Forecasts to 2030 (US$ Mn and Thousand Units)
10.3.6.6.1 Russia Unit Heater Market Breakdown by Product Type
10.3.6.6.2 Russia Unit Heater Market Breakdown by Installation
10.3.6.6.3 Russia Unit Heater Market Breakdown by Application
10.3.6.6.4 Russia Unit Heater Market Cross Segmentation Analysis
10.3.6.7 UK Unit Heater Market Forecasts to 2030 (US$ Mn and Thousand Units)
10.3.6.7.1 UK Unit Heater Market Breakdown by Product Type
10.3.6.7.2 UK Unit Heater Market Breakdown by Installation
10.3.6.7.3 UK Unit Heater Market Breakdown by Application
10.3.6.7.4 UK Unit Heater Market Cross Segmentation Analysis
10.3.6.8 Denmark Unit Heater Market Forecasts to 2030 (US$ Mn and Thousand Units)
10.3.6.8.1 Denmark Unit Heater Market Breakdown by Product Type
10.3.6.8.2 Denmark Unit Heater Market Breakdown by Installation
10.3.6.8.3 Denmark Unit Heater Market Breakdown by Application
10.3.6.8.4 Denmark Unit Heater Market Cross Segmentation Analysis
10.3.6.9 Norway Unit Heater Market Forecasts to 2030 (US$ Mn and Thousand Units)
10.3.6.9.1 Norway Unit Heater Market Breakdown by Product Type
10.3.6.9.2 Norway Unit Heater Market Breakdown by Installation
10.3.6.9.3 Norway Unit Heater Market Breakdown by Application
10.3.6.9.4 Norway Unit Heater Market Cross Segmentation Analysis
10.3.6.10 Poland Unit Heater Market Forecasts to 2030 (US$ Mn and Thousand Units)
10.3.6.10.1 Poland Unit Heater Market Breakdown by Product Type
10.3.6.10.2 Poland Unit Heater Market Breakdown by Installation
10.3.6.10.3 Poland Unit Heater Market Breakdown by Application
10.3.6.10.4 Poland Unit Heater Market Cross Segmentation Analysis
10.3.6.11 Sweden Unit Heater Market Forecasts to 2030 (US$ Mn and Thousand Units)
10.3.6.11.1 Sweden Unit Heater Market Breakdown by Product Type
10.3.6.11.2 Sweden Unit Heater Market Breakdown by Installation
10.3.6.11.3 Sweden Unit Heater Market Breakdown by Application
10.3.6.11.4 Sweden Unit Heater Market Cross Segmentation Analysis
10.3.6.12 Rest of Europe Unit Heater Market Forecasts to 2030 (US$ Mn and Thousand Units)
10.3.6.12.1 Rest of Europe Unit Heater Market Breakdown by Product Type
10.3.6.12.2 Rest of Europe Unit Heater Market Breakdown by Installation
10.3.6.12.3 Rest of Europe Unit Heater Market Breakdown by Application
10.3.6.12.4 Rest of Europe Unit Heater Market Cross Segmentation Analysis
11. Unit Heater Market – Impact of COVID-19 Pandemic
11.1 Pre & Post Covid-19 Impact
12. Competitive Landscape
12.1 Heat Map Analysis By Key Players
12.2 Company Positioning & Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
14. Company Profiles
14.1 Turbonics, Inc.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 KING ELECTRICAL MFG. CO.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Armstrong International Inc.
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Reznor HVAC
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Trane Inc.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Airtherm
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Beacon Morris
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Kroll Energy GmbH
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Thermon Industries, Inc.
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Modine Manufacturing Co
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index

LIST OF TABLES

Table 1. Unit Heater Market Segmentation
Table 2. North America & Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Million and Thousand Units)
Table 3. North America & Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Million) – Product Type
Table 4. North America & Europe Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Product Type
Table 5. North America & Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Million) – Installation
Table 6. North America & Europe Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Installation
Table 7. North America & Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 8. North America & Europe Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Application
Table 9. North America & Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Million) – Cross Segmentation Analysis
Table 10. North America & Europe Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Cross Segmentation Analysis
Table 11. North America & Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Million) – Region
Table 12. North America & Europe Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Region
Table 13. North America Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 14. North America Unit Heater Market Volume and Forecasts To 2030 (US$ Mn) – By Product Type
Table 15. North America Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 16. North America Unit Heater Market Volume and Forecasts To 2030 (US$ Mn) – By Installation
Table 17. North America Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 18. North America Unit Heater Market Volume and Forecasts To 2030 (US$ Mn) – By Application
Table 19. North America Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – Cross Segmentation Analysis
Table 20. North America Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Cross Segmentation Analysis
Table 21. North America Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 22. North America Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Country
Table 23. US Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 24. US Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Product Type
Table 25. US Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 26. US Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Installation
Table 27. US Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 28. US Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Application
Table 29. US Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – Cross Segmentation Analysis
Table 30. US Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Cross Segmentation Analysis
Table 31. Canada Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 32. Canada Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Product Type
Table 33. Canada Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 34. Canada Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Installation
Table 35. Canada Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 36. Canada Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Application
Table 37. Canada Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – Cross Segmentation Analysis
Table 38. Canada Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Cross Segmentation Analysis
Table 39. Mexico Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 40. Mexico Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Product Type
Table 41. Mexico Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 42. Mexico Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Installation
Table 43. Mexico Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 44. Mexico Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Application
Table 45. Mexico Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – Cross Segmentation Analysis
Table 46. Mexico Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Cross Segmentation Analysis
Table 47. Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 48. Europe Unit Heater Market Volume and Forecasts To 2030 (US$ Mn) – By Product Type
Table 49. Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 50. Europe Unit Heater Market Volume and Forecasts To 2030 (US$ Mn) – By Installation
Table 51. Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 52. Europe Unit Heater Market Volume and Forecasts To 2030 (US$ Mn) – By Application
Table 53. Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – Cross Segmentation Analysis
Table 54. Europe Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Cross Segmentation Analysis
Table 55. Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 56. Europe Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Country
Table 57. Germany Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 58. Germany Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Product Type
Table 59. Germany Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 60. Germany Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Installation
Table 61. Germany Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 62. Germany Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Application
Table 63. Germany Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – Cross Segmentation Analysis
Table 64. Germany Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Cross Segmentation Analysis
Table 65. France Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 66. France Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Product Type
Table 67. France Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 68. France Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Installation
Table 69. France Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 70. France Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Application
Table 71. France Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – Cross Segmentation Analysis
Table 72. France Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Cross Segmentation Analysis
Table 73. Italy Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 74. Italy Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Product Type
Table 75. Italy Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 76. Italy Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Installation
Table 77. Italy Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 78. Italy Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Application
Table 79. Italy Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – Cross Segmentation Analysis
Table 80. Italy Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Cross Segmentation Analysis
Table 81. Russia Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 82. Russia Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Product Type
Table 83. Russia Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 84. Russia Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Installation
Table 85. Russia Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 86. Russia Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Application
Table 87. Russia Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – Cross Segmentation Analysis
Table 88. Russia Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Cross Segmentation Analysis
Table 89. UK Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 90. UK Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Product Type
Table 91. UK Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 92. UK Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Installation
Table 93. UK Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 94. UK Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Application
Table 95. UK Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – Cross Segmentation Analysis
Table 96. UK Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Cross Segmentation Analysis
Table 97. Denmark Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 98. Denmark Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Product Type
Table 99. Denmark Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 100. Denmark Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Installation
Table 101. Denmark Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 102. Denmark Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Application
Table 103. Denmark Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – Cross Segmentation Analysis
Table 104. Denmark Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Cross Segmentation Analysis
Table 105. Norway Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 106. Norway Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Product Type
Table 107. Norway Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 108. Norway Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Installation
Table 109. Norway Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 110. Norway Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Application
Table 111. Norway Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – Cross Segmentation Analysis
Table 112. Norway Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Cross Segmentation Analysis
Table 113. Poland Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 114. Poland Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Product Type
Table 115. Poland Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 116. Poland Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Installation
Table 117. Poland Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 118. Poland Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Application
Table 119. Poland Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – Cross Segmentation Analysis
Table 120. Poland Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Cross Segmentation Analysis
Table 121. Sweden Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 122. Sweden Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Product Type
Table 123. Sweden Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 124. Sweden Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Installation
Table 125. Sweden Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 126. Sweden Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Application
Table 127. Sweden Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – Cross Segmentation Analysis
Table 128. Sweden Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Cross Segmentation Analysis
Table 129. Rest of Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 130. Rest of Europe Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Product Type
Table 131. Rest of Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 132. Rest of Europe Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Installation
Table 133. Rest of Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 134. Rest of Europe Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – By Application
Table 135. Rest of Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn) – Cross Segmentation Analysis
Table 136. Rest of Europe Unit Heater Market Volume and Forecasts To 2030 (Thousand Units) – Cross Segmentation Analysis
Table 137. Heat Map Analysis By Key Players
Table 138. List of Abbreviation

LIST OF FIGURES

Figure 1. Unit Heater Market Segmentation, By Geography
Figure 2. PEST Analysis
Figure 3. Ecosystem: Unit Heater Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Unit Heater Market Breakdown by Geography, 2022 and 2030 (US$ Million and Thousand Units)
Figure 6. North America & Europe Unit Heater Market Revenue (US$ Million), 2022 – 2030
Figure 7. North America & Europe Unit Heater Market Volume (Thousand Units), 2022 – 2030
Figure 8. North America & Europe Unit Heater Market Revenue Share (%) – Product Type, 2022 and 2030
Figure 9. North America & Europe Unit Heater Market Volume Share (%) – Product Type, 2022 and 2030
Figure 10. Gas Fired Unit Heater Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Gas Fired Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 12. Hydronic Unit Heater Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Hydronic Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 14. Electric Unit Heater Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Electric Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 16. Others Unit Heater Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Others Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 18. North America & Europe Unit Heater Market Revenue Share (%) – Installation, 2022 and 2030
Figure 19. North America & Europe Unit Heater Market Volume Share (%) – Installation, 2022 and 2030
Figure 20. Horizontal Unit Heater Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. Horizontal Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 22. Vertical Unit Heater Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. Vertical Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 24. Suspended Unit Heater Market Revenue and Forecasts To 2030 (US$ Million)
Figure 25. Suspended Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 26. North America & Europe Unit Heater Market Revenue Share (%) – Application, 2022 and 2030
Figure 27. North America & Europe Unit Heater Market Volume Share (%) – Application, 2022 and 2030
Figure 28. Commercial Unit Heater Market Revenue and Forecasts To 2030 (US$ Million)
Figure 29. Commercial Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 30. Industrial Unit Heater Market Revenue and Forecasts To 2030 (US$ Million)
Figure 31. Industrial Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 32. Residential Unit Heater Market Revenue and Forecasts To 2030 (US$ Million)
Figure 33. Residential Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 34. North America & Europe Unit Heater Market Revenue Breakdown by Region, 2022 and 2030 (%)
Figure 35. North America & Europe Unit Heater Market Volume Breakdown by Region, 2022 and 2030 (%)
Figure 36. North America Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 37. North America Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 38. North America Unit Heater Market Revenue Breakdown by Product Type (2022 and 2030)
Figure 39. North America Unit Heater Market Volume Breakdown by Product Type (2022 and 2030)
Figure 40. North America Unit Heater Market Revenue Breakdown by Installation (2022 and 2030)
Figure 41. North America Unit Heater Market Volume Breakdown by Installation (2022 and 2030)
Figure 42. North America Unit Heater Market Revenue Breakdown by Application (2022 and 2030)
Figure 43. North America Unit Heater Market Volume Breakdown by Application (2022 and 2030)
Figure 44. North America Unit Heater Market Revenue Breakdown by Key Countries, 2022 and 2030 (%)
Figure 45. North America Unit Heater Market Volume Breakdown by Key Countries, 2022 and 2030 (%)
Figure 46. US Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 47. US Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 48. Canada Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 49. Canada Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 50. Mexico Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 51. Mexico Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 52. Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 53. Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 54. Europe Unit Heater Market Revenue Breakdown by Product Type (2022 and 2030)
Figure 55. Europe Unit Heater Market Volume Breakdown by Product Type (2022 and 2030)
Figure 56. Europe Unit Heater Market Revenue Breakdown by Installation (2022 and 2030)
Figure 57. Europe Unit Heater Market Volume Breakdown by Installation (2022 and 2030)
Figure 58. Europe Unit Heater Market Revenue Breakdown by Application (2022 and 2030)
Figure 59. Europe Unit Heater Market Volume Breakdown by Application (2022 and 2030)
Figure 60. Europe Unit Heater Market Revenue Breakdown by Key Countries, 2022 and 2030 (%)
Figure 61. Europe Unit Heater Market Volume Breakdown by Key Countries, 2022 and 2030 (%)
Figure 62. Germany Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 63. Germany Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 64. France Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 65. France Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 66. Italy Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 67. Italy Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 68. Russia Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 69. Russia Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 70. UK Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 71. UK Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 72. Denmark Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 73. Denmark Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 74. Norway Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 75. Norway Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 76. Poland Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 77. Poland Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 78. Sweden Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 79. Sweden Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 80. Rest of Europe Unit Heater Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 81. Rest of Europe Unit Heater Market Volume and Forecasts To 2030 (Thousand Units)
Figure 82. Company Positioning & Concentration

The List of Companies – North America & Europe Unit Heater Market
o Airtherm (Mestek Inc)
o Armstrong International Inc
o Beacon Morris
o Modine Manufacturing Co
o KING ELECTRICAL MFG CO
o Kroll Energy GmbH
o Reznor HVAC (Nortek)
o Thermon Industries Inc
o Trane Inc
o Turbonics Inc

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