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

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: ETC030707 Publication Date: Sep 2022 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

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 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
Frequently Asked Questions About the Market Study: (FAQs)

1) Who are the key players in the Singapore Air Heaters 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. 

2) Does the report include the impact of COVID-19?

Yes, the report includes the impact of COVID-19. 

3) Which factor is restraining the growth of the market?

The major restraints faced by the Singapore air heaters market include the high initial investment cost and the need for skilled labor for installation.

4) Which segment based on types held the largest share?

The forced convection air heaters held the largest market share. 

5) Which segment on the basis of end-use accounted for the largest share?

The industrial sector accounted for the largest market share

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 Singapore Air Heaters Market Overview
3.1 Singapore Country Macro Economic Indicators
3.2 Singapore Air Heaters Market Revenues & Volume, 2019 & 2026F
3.3 Singapore Air Heaters Market - Industry Life Cycle
3.4 Singapore Air Heaters Market - Porter's Five Forces
3.5 Singapore Air Heaters Market Revenues & Volume Share, By Type, 2019 & 2026F
3.6 Singapore Air Heaters Market Revenues & Volume Share, By End-users, 2019 & 2026F
4 Singapore Air Heaters Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Singapore Air Heaters Market Trends
6 Singapore Air Heaters Market, By Types
6.1 Singapore Air Heaters Market, By Type
6.1.1 Overview and Analysis
6.1.2 Singapore Air Heaters Market Revenues & Volume, By Type, 2016 - 2026F
6.1.3 Singapore Air Heaters Market Revenues & Volume, By Indirect Fired Air Heaters, 2016 - 2026F
6.1.4 Singapore Air Heaters Market Revenues & Volume, By Direct Fired Air Heaters, 2016 - 2026F
6.1.5 Singapore Air Heaters Market Revenues & Volume, By Duct Heater, 2016 - 2026F
6.1.6 Singapore Air Heaters Market Revenues & Volume, By Portable Air Heater, 2016 - 2026F
6.1.7 Singapore Air Heaters Market Revenues & Volume, By Others, 2016 - 2026F
6.2 Singapore Air Heaters Market, By End-users
6.2.1 Overview and Analysis
6.2.2 Singapore Air Heaters Market Revenues & Volume, By Packaging, 2016 - 2026F
6.2.3 Singapore Air Heaters Market Revenues & Volume, By Drying, 2016 - 2026F
6.2.4 Singapore Air Heaters Market Revenues & Volume, By Sealing, 2016 - 2026F
6.2.5 Singapore Air Heaters Market Revenues & Volume, By Others, 2016 - 2026F
7 Singapore Air Heaters Market Import-Export Trade Statistics
7.1 Singapore Air Heaters Market Export to Major Countries
7.2 Singapore Air Heaters Market Imports from Major Countries
8 Singapore Air Heaters Market Key Performance Indicators
9 Singapore Air Heaters Market - Opportunity Assessment
9.1 Singapore Air Heaters Market Opportunity Assessment, By Type, 2019 & 2026F
9.2 Singapore Air Heaters Market Opportunity Assessment, By End-users, 2019 & 2026F
10 Singapore Air Heaters Market - Competitive Landscape
10.1 Singapore Air Heaters Market Revenue Share, By Companies, 2019
10.2 Singapore Air Heaters Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
 
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