Singapore Air Heaters Market (2020-2026) | Share, Segmentation, Trends, Size, Growth, Value, Revenue, Analysis, Industry, Outlook & COVID-19 IMPACT

Singapore Air Heaters Market | Country-Wise Share and Competition Analysis

In the year 2021, Malaysia was the largest exporter in terms of value, followed by Other Asia, nes. It has registered a growth of 36.06% over the previous year. While Other Asia, nes registered a growth of 14.41% as compared to the previous year. In the year 2017, Japan was the largest exporter followed by Malaysia. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Singapore has a Herfindahl index of 2265 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of  3253 which signifies high concentration in the market.

Singapore Air Heaters Market - Export Market Opportunities

Singapore Air Heaters Market Synopsis

The Singapore Air Heaters market is expected to gain momentum during the upcoming years owing to increasing disposable income. Rising urbanization along with surging development of infrastructure is driving the Singapore Air Heaters Market Growth. Growing demand for heating equipment in various industries is also proliferating the growth of the market.

According to 6Wresearch, the Singapore Air Heaters Market which is a part of Asia Pacific (APAC) Air Heaters Market is projected to grow during the forecast period 2020-2026. The growth of the market is driven by the increasing need for reliable and regular demand for energy is propelling the market growth. 

Singapore Air Heaters Market Highlights

Report Name	Singapore Air Heaters Market
Base Year	2019
Historical Period	2016-2019
Forecast Period	2020-2026
Market size value in 2021	XXXX
Revenue forecast in 2028	XXXX
Growth rate	XXXX
Report Coverage	Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share
Segment Coverage	By Type, By End-Users
Customization Scope	100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com
Pricing and Purchase Options	Avail customization purchase option to know the exact pricing of your research needs

Singapore Air Heaters Market Growth Drivers

There are several major factors driving growth in the Singapore air heaters market. The first is the increasing popularity of air heaters in the country. More and more people are using air heaters to keep their homes and offices warm during the cooler months. This is due to the fact that air heaters are more efficient than traditional heating methods, such as space heaters.

Another factor driving the Singapore air heaters market Growth is the increasing number of construction projects in the country. As more buildings are constructed, there is a greater demand for air heaters to keep these buildings warm.

Finally, the growing tourism industry in Singapore is also contributing to market growth. More tourists are visiting Singapore every year, and many of them stay in hotels that use air heaters to keep their guests comfortable.

Restraints in Singapore Air Heaters Market

The major restraints/challenges faced by the Singapore air heaters market include the high initial investment cost and the need for skilled labor for installation. Air heaters require a high initial investment as compared to other heating systems such as central heating systems. This is because air heaters need to be installed by skilled professionals, which can increase the overall cost of installation. In addition, air heaters are not suitable for all types of buildings due to their size and weight.

Market Analysis by Type 

The Singapore air heaters market is segmented by type into forced convection, natural convection, and radiant. Among these, the forced convection air heaters held the largest market share. This is attributed to the rising need for energy-efficient and rapid heating solutions in various end-use industries such as power generation, chemicals & petrochemicals, food & beverage, and automotive.

Market Analysis by End-use

The Singapore air heaters market is further segmented by end-use into commercial, industrial, and residential. Among these, the industrial sector accounted for the largest market share due to the growing demand for air heaters in various industries such as power generation, chemicals & petrochemicals, food & beverage, and automotive.

COVID-19 Impact on Singapore Air Heaters Market 

The health emergency caused by the outbreak of COVID-19 has decline the growth of the market owing to disruption in supply chain. The restrictions imposed by the government of the country led to shutting down of manufacturing and business units. 

Key Players in the Market 

The key companies operating in the Singapore air heaters market are as follows:

• Carrier Corporation
• LG Electronics
• Panasonic Corporation
• Daikin Industries
• Samsung Electronics Co., Ltd.
• Mitsubishi Heavy Industries, Ltd.
• Gree Electric Appliances, Inc. of Zhuhai
• Midea Group Co., Ltd.
• Haier Electronics Group Co., Ltd.
• Whirlpool Corporation
• Electrolux AB
• Robert Bosch GmbH

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Singapore Air Heaters Market Outlook
• Market Size of Singapore Air Heaters Market, 2019
• Forecast of Singapore Air Heaters Market, 2026
• Historical Data and Forecast of Singapore Air Heaters Revenues & Volume for the Period 2016 - 2026
• Singapore Air Heaters Market Trend Evolution
• Singapore Air Heaters Market Drivers and Challenges
• Singapore Air Heaters Price Trends
• Singapore Air Heaters Porter's Five Forces
• Singapore Air Heaters Industry Life Cycle
• Historical Data and Forecast of Singapore Air Heaters Market Revenues & Volume By Type for the Period 2016 - 2026
• Historical Data and Forecast of Singapore Air Heaters Market Revenues & Volume By Indirect Fired Air Heaters for the Period 2016 - 2026
• Historical Data and Forecast of Singapore Air Heaters Market Revenues & Volume By Direct Fired Air Heaters for the Period 2016 - 2026
• Historical Data and Forecast of Singapore Air Heaters Market Revenues & Volume By Duct Heater for the Period 2016 - 2026
• Historical Data and Forecast of Singapore Air Heaters Market Revenues & Volume By Portable Air Heater for the Period 2016 - 2026
• Historical Data and Forecast of Singapore Air Heaters Market Revenues & Volume By Others for the Period 2016 - 2026
• Historical Data and Forecast of Singapore Air Heaters Market Revenues & Volume By End-users for the Period 2016 - 2026
• Historical Data and Forecast of Singapore Air Heaters Market Revenues & Volume By Packaging for the Period 2016 - 2026
• Historical Data and Forecast of Singapore Air Heaters Market Revenues & Volume By Drying for the Period 2016 - 2026
• Historical Data and Forecast of Singapore Air Heaters Market Revenues & Volume By Sealing for the Period 2016 - 2026
• Historical Data and Forecast of Singapore Air Heaters Market Revenues & Volume By Others for the Period 2016 - 2026
• Singapore Air Heaters Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By End-users
• Singapore Air Heaters Top Companies Market Share
• Singapore Air Heaters Competitive Benchmarking By Technical and Operational Parameters
• Singapore Air Heaters Company Profiles
• Singapore Air Heaters Key Strategic Recommendations

Markets Covered

The Singapore Air Heaters Market report provides a detailed analysis of the following market segments:

By Type

• Indirect Fired Air Heaters
• Direct Fired Air Heaters
• Duct Heater
• Portable Air Heater
• Others

By End-Users

• Packaging
• Drying
• Sealing
• Others

Singapore Air Heaters Market: FAQs