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: ETC030726 | Publication Date: Oct 2020 | Updated Date: Oct 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
In the year 2021, Turkey was the largest exporter in terms of value, followed by Belgium. It has registered a growth of 356.38% over the previous year. While Belgium registered a growth of 210.11% as compare to the previous year. In the year 2017 Italy was the largest exporter followed by France. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Jordan has the Herfindahl index of 4386 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of 4376 which signifies high concentration in the market.
Report Name | Jordan Air Heaters market |
Forecast period | 2024-2030 |
Market Size | USD 105 Million – USD 230 Million |
CAGR | 6.8% |
Growing Sector | Industrial Manufacturing |
The Jordan Air Heaters report thoroughly covers the market by type and by end user. The report provides an unbiased and detailed analysis of the on-going 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.
In 2024, the Jordan Air Heaters market is valued at approximately $ 105 million, with a projected compound annual growth rate (CAGR) of 6.4% over the next five years. Additionally, by 2030, the market is expected to reach around $ 230 million. The industrial manufacturing sector holds significant position in the overall market.
The Jordan Air Heaters Market is poised for significant growth, driven by increasing energy demands and a shift toward energy-efficient heating solutions amidst rising energy costs. The market is influenced by government initiatives promoting renewable energy and energy efficiency, which encourage the adoption of advanced technologies. Additionally, the integration of smart features in air heaters is enhancing user experience and operational efficiency. Key end-user applications include residential heating and industrial processes, with the manufacturing sector also showing notable demand. Despite challenges such as high initial investment costs and competition from alternative heating solutions.
According to 6Wresearch, Jordan Air Heaters market size is projected to grow at a CAGR of 6.8% during 2024-2030. The growth of the Jordan Air Heaters Market is primarily driven by several factors, including increasing urbanization, rising energy costs, and a growing awareness of energy-efficient heating solutions. The rapid expansion of residential and commercial infrastructure necessitates reliable heating systems, which boosts demand for air heaters. Additionally, government initiatives promoting energy efficiency and sustainability have led to an uptick in investments in advanced heating technologies. The overall market outlook remains positive as stakeholder’s focus on sustainable practices and technological innovation. However, the Jordan Air Heaters industry faces challenges such as high initial costs associated with energy-efficient systems and fluctuating prices of raw materials. Furthermore, competition from alternative heating solutions and potential regulatory hurdles related to environmental standards may hinder market growth. Balancing these drivers and challenges will be crucial for stakeholders aiming to capitalize on the expanding air heaters market in Jordan.
Shift Towards Energy Efficiency - Increasing demand for energy-efficient air heating solutions is driving innovation in product design and technology.
Adoption of Smart Technology - Integration of smart technology in air heaters, such as IoT and remote control features, is becoming popular for enhanced user convenience and energy management.
Growth of Renewable Energy Sources - A rising interest in renewable energy sources, such as solar heating systems, is influencing the market dynamics, leading to a diversification of heating solutions.
Expansion of E-commerce - Online retail platforms are becoming significant distribution channels, providing consumers with more options and convenience in purchasing air heaters.
Rising Demand in Commercial Sectors - Increased investments in commercial infrastructure, including offices, malls, and hospitals, are contributing to higher demand for advanced air heating systems.
Energy-Efficient Technologies - Investing in the development and production of high-efficiency air heaters that meet emerging energy standards can capture the growing demand for sustainable solutions.
Smart Air Heating Solutions - There is a significant opportunity in integrating smart technology into air heaters, such as IoT capabilities, which enhance user experience and promote energy savings.
Renewable Energy Integration - Investing in air heating systems that utilize renewable energy sources, such as solar or biomass, can cater to the increasing consumer interest in sustainable heating options.
E-commerce Platforms - Developing or partnering with e-commerce platforms for the sale of air heaters can expand market reach and tap into the growing trend of online shopping.
R&D in Advanced Materials - Investment in research and development of advanced materials for air heaters can lead to improved performance and durability, appealing to both residential and commercial sectors.
The Jordan Air Heaters Market is characterized by the presence of several key companies that are pivotal in driving innovation and market growth. Notable players include Bosch Thermotechnology, known for its advanced heating solutions and energy efficiency; Fujitsu General, which offers a range of air conditioning and heating systems tailored to both residential and commercial needs; and Daikin Industries, recognized for its cutting-edge technology in heating, ventilation, and air conditioning (HVAC) systems. Other significant contributors include Ariston Thermo Group, specializing in water heating and heating appliances, and Mitsubishi Electric, which provides a variety of air conditioning and heating solutions. Additionally, some of these players hold majority of the Jordan Air Heaters market share. Moreover, these companies focus on enhancing product efficiency, integrating smart technology, and complying with environmental standards to meet the evolving demands of the Jordanian market.
In Jordan, the air heaters market is shaped by a series of government regulations aimed at enhancing energy efficiency and reducing environmental impact. The Jordanian Ministry of Energy and Mineral Resources plays a crucial role in establishing standards for energy consumption and emissions, which manufacturers must adhere to in their product offerings. The Energy Efficiency Law mandates the adoption of energy-efficient technologies, encouraging both residential and commercial sectors to utilize energy-saving air heating solutions. Further, these initiatives have further boosted the Jordan Air Heaters market revenues. Moreover, the government promotes the use of renewable energy sources, aligning with its commitment to sustainable development and climate change mitigation. Compliance with these regulations not only fosters market growth but also ensures that consumers have access to safe and environmentally friendly heating options.
The future of the Jordan air heaters market is poised for significant growth, driven by increasing urbanization, rising energy demands, and a growing emphasis on energy efficiency and sustainability. With the government's push for renewable energy sources and stricter regulations on energy consumption, the market is expected to see a shift towards innovative technologies such as smart air heaters and those utilizing alternative energy sources. Additionally, as consumer awareness regarding energy costs and environmental impact rises, there will be a greater demand for high-efficiency and eco-friendly heating solutions. Overall, the market is likely to expand, with new entrants and established companies focusing on technological advancements to meet evolving consumer needs and regulatory requirements.
According to Ravi Bhandari, Research Head, 6Wresearch, the direct fired air heaters market is experiencing robust growth, driven by their efficiency, effectiveness, and versatility in various applications, including industrial, commercial, and residential settings. These heaters are increasingly preferred for their ability to provide rapid heating and maintain desired temperatures with minimal energy consumption, which aligns with the growing emphasis on energy efficiency and cost-effectiveness. The rise in demand for direct fired air heaters can also be attributed to their suitability for large spaces and processes that require immediate heat, such as in manufacturing and warehousing operations. Furthermore, advancements in technology, including improved safety features and automation capabilities, are expected to bolster their adoption, contributing to a positive growth trajectory in the coming years.
The drying end user segment is witnessing significant growth, fueled by increasing demand across various industries, including food and beverage, pharmaceuticals, textiles, and chemicals. As businesses prioritize efficiency and quality in production processes, advanced drying technologies are being adopted to enhance product preservation, reduce moisture content, and improve shelf life. The food industry, in particular, is driving this growth, as manufacturers seek effective drying solutions to maintain flavor and nutritional value while extending the longevity of perishable goods. Additionally, rising environmental concerns and the need for sustainable practices are prompting investments in energy-efficient drying methods, further propelling the market forward. Overall, the drying end user sector is expected to expand as industries continue to innovate and improve their processes to meet evolving consumer needs.
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 Jordan Air Heaters Market Overview |
3.1 Jordan Country Macro Economic Indicators |
3.2 Jordan Air Heaters Market Revenues & Volume, 2020 & 2030F |
3.3 Jordan Air Heaters Market - Industry Life Cycle |
3.4 Jordan Air Heaters Market - Porter's Five Forces |
3.5 Jordan Air Heaters Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Jordan Air Heaters Market Revenues & Volume Share, By End-users, 2020 & 2030F |
4 Jordan Air Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Jordan Air Heaters Market Trends |
6 Jordan Air Heaters Market, By Types |
6.1 Jordan Air Heaters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Jordan Air Heaters Market Revenues & Volume, By Type, 2016 - 2030F |
6.1.3 Jordan Air Heaters Market Revenues & Volume, By Indirect Fired Air Heaters, 2016 - 2030F |
6.1.4 Jordan Air Heaters Market Revenues & Volume, By Direct Fired Air Heaters, 2016 - 2030F |
6.1.5 Jordan Air Heaters Market Revenues & Volume, By Duct Heater, 2016 - 2030F |
6.1.6 Jordan Air Heaters Market Revenues & Volume, By Portable Air Heater, 2016 - 2030F |
6.1.7 Jordan Air Heaters Market Revenues & Volume, By Others, 2016 - 2030F |
6.2 Jordan Air Heaters Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Jordan Air Heaters Market Revenues & Volume, By Packaging, 2016 - 2030F |
6.2.3 Jordan Air Heaters Market Revenues & Volume, By Drying, 2016 - 2030F |
6.2.4 Jordan Air Heaters Market Revenues & Volume, By Sealing, 2016 - 2030F |
6.2.5 Jordan Air Heaters Market Revenues & Volume, By Others, 2016 - 2030F |
7 Jordan Air Heaters Market Import-Export Trade Statistics |
7.1 Jordan Air Heaters Market Export to Major Countries |
7.2 Jordan Air Heaters Market Imports from Major Countries |
8 Jordan Air Heaters Market Key Performance Indicators |
9 Jordan Air Heaters Market - Opportunity Assessment |
9.1 Jordan Air Heaters Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Jordan Air Heaters Market Opportunity Assessment, By End-users, 2020 & 2030F |
10 Jordan Air Heaters Market - Competitive Landscape |
10.1 Jordan Air Heaters Market Revenue Share, By Companies, 2020 |
10.2 Jordan Air Heaters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |