The Warm Air Heating Equipment Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size for warm air heating equipment has seen robust growth recently. Its value was $128.87 billion in 2024 and is projected to reach $138.54 billion in 2025, showing a compound annual growth rate (CAGR) of 7.5%.
The Warm Air Heating Equipment Global Market Report 2025 anticipates that by 2029, the market size will reach $172.67 billion, growing at a compound annual growth rate (CAGR) of 5.7%.
Download Your Free Sample of the 2025 Warm Air Heating Equipment Market Report and Uncover Key Trends Now!The key drivers in the warm air heating equipment market are:
• Enhancement in building efficiency standards
• Fluctuations in energy costs
• Changes in global economic conditions
• Increasing adoption of smart heating systems, hybrid systems, customization and zoning in warm air heating equipment
The warm air heating equipment market covered in this report is segmented –
1) By Product Type: Dehumidifiers, Heat Pumps, Humidifying Equipment
2) By Capacity: Small, Medium, Large
3) By Application: Residential, Commercial, Industrial
The key trends in the warm air heating equipment market are:
• Smart heating systems are becoming more popular in recent trends.
• Electrification and heat pumps are helping shape the future of the market.
• The emerging trend of hybrid systems is influencing the global warm air heating equipment industry.
• Health and comfort considerations are increasingly influencing market trends.
Major companies in the warm air heating equipment market are:
• Danfoss
• Daikin
• Mitsubishi Electric Corporation
• WOLF GmbH
• Johnson Controls Inc.
• Honeywell International Inc.
• Haier Group (China)
• Hitachi Appliances Inc. (Japan)
• Viessmann Werke GmbH & Co. KG
• Bosch Thermotechnology
• Carrier
• Lucky Goldstar Electronics
• NIBE Group
• Lennox International Inc.
• Trane Technologies plc
• Rheem Manufacturing Company
• Goodman Manufacturing Company L.P.
• Fujitsu General Limited
• Samsung Electronics Co. Ltd.
• Nortek Global HVAC LLC
• Modine Manufacturing Company
• Amana Corporation
• Bryant Heating & Cooling Systems
• American Standard Companies Inc.
• Armstrong Air Conditioning Inc.
• Broan-NuTone LLC
• Burnham Holdings Inc.
• ClimateMaster Inc.
• Dunkirk Boilers
• ECR International Inc.
• Friedrich Air Conditioning Co. Ltd.
• Heat Controller Inc.
• Heil Heating & Cooling Products
• International Comfort Products LLC
Asia-Pacific was the largest region in the warm air heating equipment market in 2023