Asia Pacific (APAC) Air Heaters Market (2020-2026) | Value, Outlook, Trends, Share, Forecast, COVID-19 IMPACT, Size, Analysis, Industry, Revenue, Companies & Growth

Asia Pacific Air Heaters market is likely to witness growth over the upcoming years. The rising population, revival within the housing markets, developing business and business gadgets are some of the key drivers pushing toward the growth of the market. The demand for HVAC merchandise in the region is forecasted to remain on excessive call for numerous programs such as business, residential, commercial, and institutional, among others. The governments, rising green/smart building criteria and developing consumer issues are pushing HVAC manufacturers, builders and system integrators to construct and provide electricity efficient, technologically advanced HVAC devices for major industrial, residential, institutional and commercial programs, amongst others. On account of COVID-19, the growth rates for the sector were truncated. We have reduced the growth estimates by about 2 to 3 per cent, taking into account the probable effects. Development forecasts for the residential sector and small business sectors are the most affected. Furthermore, the outbreak of coronavirus pandemic has impacted various industries and this market due to the reduction in production as well as disruption in supply.

According to 6Wresearch, Asia Pacific (APAC) Air Heaters Market size is anticipated to register growth during 2020-26. The market growth in the region is mainly due to the growing construction sector in countries such as China and India, which are seeing huge investment in the infrastructure sector especially retail space, commercial office buildings, manufacturing facilities, metro lines and airports expansion and construction Huh. In the forecast period, there will be a huge demand for electricity from both China and India. For example, in India, it is estimated that in FY2021–2022, electricity demand will reach 191 TWh and peak demand will be 298 GWh.

Based on types, the market in Asia Pacific is segmented into direct fired air heaters, indirect fire air heaters, duct heater, portable air heater and others. Among them, the Duct Heater division has dominated the historical period due to the increasing demand for duct heater from the thermal energy sector, mainly from India, China, Indonesia, Japan and Vietnam. In terms of the end-users, the Air Heaters market is segregated into packaging, dying, sealing and others.

Asia Pacific Air Heaters market report thoroughly covers the market by types, end-users and countries including China, Japan, India, Australia, Indonesia and the rest of Asia Pacific. Asia Pacific Air Heaters market outlook report provides an unbiased and detailed analysis of the on-going Asia Pacific Air Heaters market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights

• Asia Pacific Air heaters Market Outlook
• Asia Pacific Air heaters Market Overview
• Asia Pacific Air heaters Market Forecast
• Historical Data for the period 2016-2019 and Market Forecast of Asia Pacific Air heaters Market Revenues until 2026
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Type
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By End User
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for India Air heaters Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for China Air heaters Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Japan Air heaters Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for South Korea Air heaters Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Rest of Asia Pacific Air heaters Market
• Market Drivers and Restraints
• Asia Pacific Air heaters Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Asia Pacific Air heaters Market Share, By Players
• Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

• By End User:
• Packaging
• Drying
• Sealing
• Others
• By Type:
• Indirect Fired Air heaters
• Direct Fired Air heaters
• Duct Heater
• Portable Air heaters
• Others
• By Countries:
• India
• China
• Japan
• South Korea
• Rest of Asia Pacific