India Gas Radiators Market (2025-2031) Outlook | Value, Revenue, Size, Share, Trends, Forecast, Companies, Growth, Industry & Analysis

Market Forecast By Type (Natural Draught, Forced Draught), By Application (Industrial Heating, Commercial Heating, Domestic Heating, Research Institute, Others) And Competitive Landscape
Product Code: ETC376284 Publication Date: Aug 2022 Updated Date: Feb 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Gas Radiators Market Synopsis

The India gas radiators market size was estimated at US$ 1.32 billion and it is projected to grow significantly over the coming years owing to rising consumer awareness regarding energy efficiency benefits offered by these products along with growing residential construction activities across India. Factors like low maintenance cost associated with these radiators will also help drive their adoption among end users leading to an increased demand for gas radiators globally during the forecast period.

Market Drivers of the market

The India gas radiators market has been on a steady growth trajectory, primarily due to the increasing adoption of natural gas as a cleaner and more efficient alternative to conventional fuels. With the government`s focus on promoting clean energy and reducing carbon emissions, natural gas usage has witnessed significant growth in various sectors, including residential, commercial, and industrial. Another driver for the gas radiator market is the growing construction industry in India. As the real estate sector continues to expand, there is a rising demand for heating solutions in buildings, contributing to the increased adoption of gas radiators. Furthermore, rising disposable incomes and changing consumer preferences have driven the demand for advanced and aesthetically appealing gas radiator models. Consumers now seek energy-efficient and stylish heating solutions, leading manufacturers to innovate and offer more sophisticated products in the market.

Challenges of the Market

The gas radiators market in India confronts specific challenges that impact its overall growth and market penetration. One of the primary challenges is the relatively low awareness and adoption of gas radiators among India consumers. Many households still rely on traditional heating methods, making it essential for manufacturers to undertake awareness campaigns to promote the benefits of gas radiators. Another significant challenge is the availability and accessibility of gas infrastructure in many regions of India. In areas where piped gas supply is limited or unavailable, consumers might be reluctant to invest in gas radiators due to the logistical challenges of procuring gas cylinders or other fuel sources. Moreover, fluctuations in gas prices and uncertainties in the energy market can affect the affordability of operating gas radiators, impacting consumer demand and market growth.

Covid-19 Impact on the Market

The India gas radiators market experienced challenges during the COVID-19 pandemic. With the outbreak leading to a decrease in construction and infrastructure projects, the demand for gas radiators declined. Additionally, supply chain disruptions and labor shortages further affected the market. However, the market is projected to rebound as economic activities pick up pace and demand for heating solutions increases.

Key Players of the Market

For the India gas radiators market, prominent key players are Thermax Limited, Godrej Appliances, and Hindustan Petroleum Corporation Limited (HPCL).

Key Highlights of the Report:

  • India Gas Radiators Market Outlook
  • Market Size of India Gas Radiators Market, 2024
  • Forecast of India Gas Radiators Market, 2031
  • Historical Data and Forecast of India Gas Radiators Revenues & Volume for the Period 2021-2031
  • India Gas Radiators Market Trend Evolution
  • India Gas Radiators Market Drivers and Challenges
  • India Gas Radiators Price Trends
  • India Gas Radiators Porter's Five Forces
  • India Gas Radiators Industry Life Cycle
  • Historical Data and Forecast of India Gas Radiators Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India Gas Radiators Market Revenues & Volume By Natural Draught for the Period 2021-2031
  • Historical Data and Forecast of India Gas Radiators Market Revenues & Volume By Forced Draught for the Period 2021-2031
  • Historical Data and Forecast of India Gas Radiators Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Gas Radiators Market Revenues & Volume By Industrial Heating for the Period 2021-2031
  • Historical Data and Forecast of India Gas Radiators Market Revenues & Volume By Commercial Heating for the Period 2021-2031
  • Historical Data and Forecast of India Gas Radiators Market Revenues & Volume By Domestic Heating for the Period 2021-2031
  • Historical Data and Forecast of India Gas Radiators Market Revenues & Volume By Research Institute for the Period 2021-2031
  • Historical Data and Forecast of India Gas Radiators Market Revenues & Volume By Others for the Period 2021-2031
  • India Gas Radiators Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • India Gas Radiators Top Companies Market Share
  • India Gas Radiators Competitive Benchmarking By Technical and Operational Parameters
  • India Gas Radiators Company Profiles
  • India Gas Radiators Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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