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Warm Air Heating Equipment Global Market Report 2022 – By Product Type (Dehumidifiers, Heat Pumps, Humidifying Equipment), By Capacity (Small, Medium, Large), By Application (Residential, Commercial, Industrial) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : October 2022 | SKU CODE : | Delivery Time: 2-3 business days | Format :


The warm air heating equipment market consists of sales of warm air heating equipment by entities (organizations, sole traders, and partnerships) that produce warm air heating equipment which is used to provide space heating for warehouses, retail sheds, sports centers, factories, and other buildings containing similarly large spaces.

The main product types are dehumidifiers, heat pumps, and humidifying equipment. A heat pump refers to a heat engine running in the reverse direction. The capacity is small, medium, and large. The various applications involved are residential, commercial, and industrial.

The warm air heating equipment market research report is one of a series of new reports from The Business Research Company that provides warm air heating equipment market statistics, including warm air heating equipment industry global market size, regional shares, competitors with a warm air heating equipment market share, detailed warm air heating equipment market segments, market trends and opportunities, and any further data you may need to thrive in the warm air heating equipment industry. This warm air heating equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The global warm air heating equipment market grew from $121.71 billion in 2021 to $128.57 billion in 2022 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The warm air heating equipment market is expected to grow to $159.5 billion in 2026 at a CAGR of 5.5%.

Favorable measures to reduce carbon footprint are expected to drive the warm air heating equipment market’s growth. Countries all over the world are working towards decarbonizing the environment for a sustainable environment and making the world a better place. Warm air heating equipment like a heat pump reduces carbon footprints by using renewable energies. According to the World Resources Institute, in September 2020, China plans to achieve carbon neutrality by 2060. Europe wants to become the world’s first climate-neutral continent by 2050, and the European Commission aims to reduce emissions by at least 55% by 2030. Moreover, Daikin, a global HVAC manufacturer expressed its support for Europe’s Green Deal and believes constant innovations in heat pump technology will help decarbonize Europe by combining decarbonization with sustainable economic growth. Hence, favorable measures by companies and the government to reduce carbon footprints support the growth of the warm air heating equipment market.

The high upfront cost associated with warm air heating equipment is anticipated to hinder the warm air heating equipment market. The cost of installation includes equipment cost, installation cost, and other related costs. For instance, the average cost of installation for a new heat pump is $5,613. The mid-quality heat pump costs range between $100 and $2,800. Furthermore, the final costs can reach up to $20,000 that including labor, contractor’s fees, and permit costs. The high cost restricts individuals or small and medium enterprises from buying warm air heating equipment, thereby obstructing the market’s growth.

Companies are concentrating on developing smart devices to meet the requirements of the newly connected smart offices and homes. Homes and companies around the world are moving toward connected devices and industry players are engaged in developing smart devices, which enable optimized connectivity and preventive maintenance. For instance, in October 2020, Daikin Applied expanded its line of SmartSource compact heat pumps for a broader range of applications making it ideal for new construction and retrofits where area and budgets are limited. Similarly, in April 2020, LG Electronics USA introduced an extended portfolio of energy-efficient residential air care products including LG PuriCare 50 Pint Dehumidifier with Drain Pump for smooth everyday use. It is ergonomic and effective for residential use, controls humidity levels, and can be monitored or controlled from anywhere through the LG ThinQ smartphone app.

In March 2020, NIBE Group, a Sweden-based company that produces and builds intelligent, energy-efficient indoor comfort solutions for all kinds of properties acquired WATERKOTTE GmbH for an undisclosed amount. This acquisition is predicted to strengthen NIBE Group’s position in the European heat pump market, particularly in Germany, and also gives them access to expertise for managing larger projects as well as heat pumps. WATERKOTTE GmbH Germany-based manufacturer of innovative, advanced heat pump systems and integrated sustainable energy solutions for both single-family homes and commercial applications.

Major players 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, and Bosch Thermotechnology.

The Asia Pacific was the largest region in the warm air heating equipment market in 2021. North America was the second largest region in the warm air heating equipment market. The regions covered in the warm air heating equipment report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the warm air heating equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The global warm air heating equipment market is segmented -

1) By Product Type: Dehumidifiers, Heat Pumps, Humidifying Equipment

2) By Capacity:  Small, Medium, Large

3) By Application: Residential, Commercial, Industrial

    Table Of Contents

    1. Executive Summary

    2. Warm Air Heating Equipment Market Characteristics

    3. Warm Air Heating Equipment Market Trends And Strategies

    4. Warm Air Heating Equipment Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Warm Air Heating Equipment Market

    4.2 Ukraine-Russia War Impact On Warm Air Heating Equipment Market

    4.3 Impact Of High Inflation On Warm Air Heating Equipment Market

    5. Warm Air Heating Equipment Market Size And Growth

    5.1. Global Warm Air Heating Equipment Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Warm Air Heating Equipment Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Warm Air Heating Equipment Market Segmentation

    6.1. Global Warm Air Heating Equipment Market, Segmentation  By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Dehumidifiers

    Heat Pumps

    Humidifying Equipment

    6.2. Global Warm Air Heating Equipment Market, Segmentation  By Capacity, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

     Small

    Medium

    Large

    6.3. Global Warm Air Heating Equipment Market, Segmentation  By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Residential

    Commercial

    Industrial

    7. Warm Air Heating Equipment Market Regional And Country Analysis

    7.1. Global Warm Air Heating Equipment Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Warm Air Heating Equipment Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Warm Air Heating Equipment Market  

    8.1. Asia-Pacific Warm Air Heating Equipment Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Warm Air Heating Equipment Market  

    9.1. China Warm Air Heating Equipment Market Overview  

    9.2. China Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Warm Air Heating Equipment Market  

    10.1. India Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Warm Air Heating Equipment Market  

    11.1. Japan Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Warm Air Heating Equipment Market  

    12.1. Australia Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Warm Air Heating Equipment Market  

    13.1. Indonesia Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Warm Air Heating Equipment Market  

    14.1. South Korea Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Warm Air Heating Equipment Market  

    15.1. Western Europe Warm Air Heating Equipment Market Overview

    15.2. Western Europe Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Warm Air Heating Equipment Market  

    16.1. UK Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Warm Air Heating Equipment Market  

    17.1. Germany Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Warm Air Heating Equipment Market  

    18.3. France Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Warm Air Heating Equipment Market  

    19.1. Eastern Europe Warm Air Heating Equipment Market Overview

    19.2. Eastern Europe Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Warm Air Heating Equipment Market  

    20.1. Russia Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Warm Air Heating Equipment Market  

    21.1. North America Warm Air Heating Equipment Market Overview

    21.2. North America Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Warm Air Heating Equipment Market  

    22.1. USA Warm Air Heating Equipment Market Overview

    22.2. USA Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Warm Air Heating Equipment Market  

    23.1. South America Warm Air Heating Equipment Market Overview

    23.2. South America Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Warm Air Heating Equipment Market  

    24.1. Brazil Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Warm Air Heating Equipment Market  

    25.1. Middle East Warm Air Heating Equipment Market Overview

    25.2. Middle East Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Warm Air Heating Equipment Market  

    26.1. Africa Warm Air Heating Equipment Market Overview

    26.2. Africa Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Warm Air Heating Equipment Market Competitive Landscape And Company Profiles

    27.1. Warm Air Heating Equipment Market Competitive Landscape

    27.2. Warm Air Heating Equipment Market Company Profiles

    27.2.1. Danfoss

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Daikin

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Mitsubishi Electric Corporation  

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. WOLF GmbH  

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Johnson Controls Inc.

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Warm Air Heating Equipment Market

    29. Warm Air Heating Equipment Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Warm Air Heating Equipment Market, Segmentation  By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Warm Air Heating Equipment Market, Segmentation  By Capacity, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Warm Air Heating Equipment Market, Segmentation  By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Warm Air Heating Equipment Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Warm Air Heating Equipment Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: China, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: India, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: Japan, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: Australia, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: Indonesia, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: South Korea, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Western Europe, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: UK, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Germany, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: France, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Eastern Europe, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: Russia, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: North America, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: USA, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: South America, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: Brazil, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: Middle East, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Africa, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Danfoss Financial Performance
  • Table 28: Daikin Financial Performance
  • Table 29: Mitsubishi Electric Corporation  Financial Performance
  • Table 30: WOLF GmbH  Financial Performance
  • Table 31: Johnson Controls Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Figure 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Figure 3: Global Warm Air Heating Equipment Market, Segmentation  By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 4: Global Warm Air Heating Equipment Market, Segmentation  By Capacity, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 5: Global Warm Air Heating Equipment Market, Segmentation  By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 6: Global Warm Air Heating Equipment Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 7: Global Warm Air Heating Equipment Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 8: Asia-Pacific, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 9: China, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 10: India, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 11: Japan, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 12: Australia, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 13: Indonesia, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 14: South Korea, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 15: Western Europe, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 16: UK, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 17: Germany, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 18: France, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 19: Eastern Europe, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 20: Russia, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 21: North America, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 22: USA, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 23: South America, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 24: Brazil, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 25: Middle East, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 26: Africa, Warm Air Heating Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 27: Danfoss Financial Performance
  • Figure 28: Daikin Financial Performance
  • Figure 29: Mitsubishi Electric Corporation  Financial Performance
  • Figure 30: WOLF GmbH  Financial Performance
  • Figure 31: Johnson Controls Inc. Financial Performance
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