Market Forecast By Type (Indirect Fired Air Heaters, Direct Fired Air Heaters, Duct Heater, Portable Air Heater, Others), By End-users (Packaging, Drying, Sealing, Others), And Competitive Landscape
Product Code: ETC030692 | Publication Date: Oct 2020 | Updated Date: May 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
In the year 2021, Poland was the largest exporter in terms of value, followed by China. It has registered a growth of 48.84% over the previous year. While China registered a growth of 217.82% as compared to the previous year. In the year 2017, Poland was the largest exporter followed by Germany. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Russia has a Herfindahl index of 1213 in 2017 which signifies high competitiveness also in 2021 it registered a Herfindahl index ofย 1504 which signifies moderately concentrated in the market.
Russia Air Heaters Market report thoroughly covers the market by type and by end-users. The market outlook report provides an unbiased and detailed analysis of the ongoing 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.
Russia Air Heaters Market is poised for rapid growth and is anticipated to grow at the fastest growth rate mainly due to increased demand from industrial and commercial sectors as businesses are looking for ways to reduce their energy consumption with the use of energy-efficient air heaters. The major key trend in the industry is the rising demand for smart and connected heating systems, which in turn, spurs demand for air heaters in Russia. With technological advancement, consumers are seeking out air heaters with remote control capabilities or incorporation with home automation systems. In addition, there has been an increasing interest in eco-friendly heating solutions as customers are increasingly looking for renewable sources like solar or geothermal energy due to rising environmental concerns. ย
Russia Air Heaters Market is expected to witness considerable growth in recent years owing to rising demand for efficient heating systems in both residential and commercial settings, driven by innovation in the industry as well as government initiatives designed to encourage energy efficiency. Additionally, the need for space-saving heaters has increased due to urbanization resulting in smaller living spaces. With the expanding manufacturing sector and high levels of economic prosperity, the demand for air heaters has been augmented over the years.
According to 6Wresearch, the Russia Air Heaters Market size is expected to record immense growth during 2020-26. The significant drivers of this growth are the increasing demand for energy-efficient heating systems that can decrease operational costs while maintaining ideal indoor temperatures. Additionally, another factor contributing to the Russia Air Heaters Market Growth is the rapidly rising construction industry in Russia as it has created an increased need for heating systems. However, a lack of awareness among consumers regarding advanced heating technologies and high initial investment costs associated with installing sophisticated air heater systems are the primary factors impeding the growth of this market. Additionally, stringent regulations and policies related to environmental protection are also expected to create obstacles to market entry for newcomers.
The COVID-19 pandemic has caused massive disruption in the Russia Air Heaters Industry, resulting in reduced production and revenue. The lockdowns imposed by the government have further obstructed manufacturing operations and export opportunities in the market. Additionally, the pandemic has also curbed foreign investments which brought huge losses to local companies. However, many players are focusing on R&D activities to develop energy-efficient air heaters to cater to changing customer demands.
The Russia Air Heaters Market is highly competitive, with several players vying for the market share. The leading players in the market are focused on innovation to stay ahead of their competitors.
According to Ravi Bhandari, Research Head, 6Wresearch, the portable segment is growing at a rapid pace owing to the growing adoption of outdoor applications.
Based on end-users, the drying segment is forecast to dominate the Russia Air Heaters Market share during the forecast period, owing to the rising demand for heating solutions, particularly in the food processing and pharmaceutical industries.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Russia Air Heaters Market Overview |
3.1 Russia Air Heaters Market Revenues & Volume, 2016 - 2026F |
3.2 Russia Air Heaters Market - Industry Life Cycle |
3.3 Russia Air Heaters Market - Porter's Five Forces |
3.4 Russia Air Heaters Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.5 Russia Air Heaters Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 Russia Air Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Russia Air Heaters Market Trends |
6 Russia Air Heaters Market Segmentation |
6.1 Russia Air Heaters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Russia Air Heaters Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Russia Air Heaters Market Revenues & Volume, By Indirect Fired Air Heaters, 2016 - 2026F |
6.1.4 Russia Air Heaters Market Revenues & Volume, By Direct Fired Air Heaters, 2016 - 2026F |
6.1.5 Russia Air Heaters Market Revenues & Volume, By Duct Heater, 2016 - 2026F |
6.1.6 Russia Air Heaters Market Revenues & Volume, By Portable Air Heater, 2016 - 2026F |
6.1.7 Russia Air Heaters Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Russia Air Heaters Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Russia Air Heaters Market Revenues & Volume, By Packaging, 2016 - 2026F |
6.2.3 Russia Air Heaters Market Revenues & Volume, By Drying, 2016 - 2026F |
6.2.4 Russia Air Heaters Market Revenues & Volume, By Sealing, 2016 - 2026F |
6.2.5 Russia Air Heaters Market Revenues & Volume, By Others, 2016 - 2026F |
7 Russia Air Heaters Market Import-Export Trade Statistics |
7.1 Russia Air Heaters Market Export to Major Countries |
7.2 Russia Air Heaters Market Imports from Major Countries |
8 Russia Air Heaters Market Key Performance Indicators |
9 Russia Air Heaters Market - Opportunity Assessment |
9.1 Russia Air Heaters Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Russia Air Heaters Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 Russia Air Heaters Market - Competitive Landscape |
10.1 Russia Air Heaters Market Revenue Share, By Companies, 2019 |
10.2 Russia Air Heaters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |