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Report
U.S. Residential Heating Market- Industry Outlook and Forecast 2023-2028
Market Report I 2023-02-15 I 209 Pages I Arizton Advisory & Intelligence
The U.S. residential heating system market is expected to grow at a CAGR of 4.39% during 2022-2028.
MARKET TRENDS & DRIVERS
Emergence Of Smart Heating Systems with IoT Technology
Many organization officials expect smart heating systems to take the most significant edge out of their electricity expenses. Smart IoT heating options provide a method to optimize energy consumption without any interruption in consumer service. IoT has the advantage of impacting heating systems through its smart technologies, which allow manufacturers to increase productivity and optimize assets. Innovations in heating technology are currently in the growing stage. IoT in heating comes under the parallels of infrastructure IoT and consumer, which helps for greater flexibility and smart controls for consumers. Hence, modern technology expects to propel the demand for smart heating systems in the U.S. residential heating system market during the forecast period.
Rising Demand for Geothermal Heating Systems
Geothermal heating systems that tap into the consistency of ground temperatures six feet below the surface are an extension of a domestic unearthing trend occurring across the United States. The energy-intensive heating industry is undergoing a transition as the supply of fossil fuels depletes rapidly. These traditional energy sources are increasingly falling out of favor due to climate change, pollution, energy security reasons, and high costs. Heating accounts for a lot of electricity consumption. The geothermal heating system offers economical water heating facilities. Usually, energy costs for heating water are high. The high water heating cost can be decreased by up to 65 % with geothermal heat pump systems. Therefore, the demand for geothermal heating systems is expected to grow in the U.S. residential heating system market in the upcoming years.
SEGMENTATION INSIGHTS
INSIGHTS BY EQUIPMENT TYPE
The heat pump equipment market in the U.S. was valued at USD 4.87 billion in 2022. Heating pumps have been one of the most critical heating systems. They are mainly used in cold regions as their primary function is heating. However, heat pumps are also used for cooling by reversing the direction of heat flow. The demand for heat pumps mostly ensues from efficiency since their output is four times the amount of energy they consume. Heat pumps are a steady revenue generator for the industry and have witnessed high growth and constant innovation.
Segmentation by Heating Equipment
- Heat Pump
- Boiler Unit
- Furnace
- VRF
- Others
INSIGHTS BY APPLICATION TYPE
The single-family housing segment was valued at USD 7.92 billion in 2022. The single-family houses enjoy a larger industry share. Furthermore, the operational energy cost is higher for single-family houses than for multi-family houses. Various heating systems for single-family houses can be classified based on different parameters, such as heat-carrying medium, energy sources, and the heat-transmitting process. Over the past two-three years, disposable incomes and savings of consumers have increased, driving improvements in residential projects, particularly in the Midwest. The increasing number of skyscrapers and high-story residential construction projects in rapidly growing states like Florida, California, and New York also boosted industry growth.
Segmentation by End-User
- Single-Family Housing
- Multi-family Dwelling
INSIGHTS BY DISTRIBUTION CHANNEL
The offline distribution channel dominated the U.S. residential heating system market, accounting for a revenue share of 62.42%, and is expected to witness an incremental growth of USD 1.76 billion during the forecast period. Factors such as the broader reach in areas that lack better connectivity and high consumer trust associated with personally experiencing the quality of products are driving the growth of this segment.
Although the online channel holds a relatively lower U.S. residential heating system market share, it is expected to grow at a higher CAGR of 5.11% (by value) during the forecast period. The proliferation of e-commerce and raising awareness of the benefits of online purchases, such as heavy discounts, occasional offers, and rising demand for convenience, is driving the growth of the online segment.
Segmentation by Distribution Channel
- Online
- Offline
REGIONAL ANALYSIS
In 2022, the Southern region accounted for a revenue share of 34.27% and was the leader in the U.S. residential heating system market. The high share is attributed to the concentration of a large population base compared to other regions in the country. The presence of many household units across the region leads to high demand for space heating technology from the residential sector, thereby supporting market growth.
The residential heating system market in the western U.S. was valued at USD 2.8 billion in 2022. The western region of the U.S. includes major states such as Colorado, Wyoming, Montana, Idaho, Washington, Oregon, Utah, Nevada, California, Alaska, and Hawaii. Moreover, according to the US Bureau of Economic Analysis, from Q2-Q3 2021, Colorado and Utah witnessed the highest increase in personal income of around 5.9% and 5.7%, respectively, in the western region. Hence, such income growth is expected to shift consumer interest from conventional to space heating technology, thereby boosting the demand for heat pumps and boilers in the U.S. residential heating system market during the forecast period.
Segmentation by Region
- The U.S.
o South
o West
o Midwest
o Northeast
COMPETITIVE LANDSCAPE
Many large and small players characterize the U.S. residential heating market. Systemair, Johnson Controls, Zehnder, Ostberg, and Aldes are some of the key players in the US residential heating system industry. Other players operating in the industry include L.G., Panasonic, Carrier, Regal, and others. The prominent vendors focus on developing advanced heating systems and investing in R&D initiatives to enlarge their product line and gain a competitive advantage in the U.S. residential heating system market.
Moreover, the short time-to-market and little acceptance of new technologies add to market challenges for market vendors. R&D investments are more focused on cost reduction of the production process and improvement of the existing product technology for value addition than developing new products. As a result, a lot of mergers & acquisitions are taking place to develop and enhance the offerings and attributes to survive in the U.S. residential heating system market.
Key Company Profiles
- Samsung
- Systemair
- Johnson Controls
- Zehnder
- Aldes
- Bosch
- Daikin
- Mitsubishi Electric
- Rheem Manufacturing
Other Prominent Vendors
- LG
- Panasonic
- Carrier
- Midea
- Regal Rexnord
- Flakt Group
- Beijer Ref
- Flexit
- Grundfos
- Swegon
- VTS
- Nuaire
- Nortek
- Alfa Laval
- Hitachi
- Lu-Ve
- Vent-Axia
- S & P
- Wolf
- CIAT
- Al-Ko
- Dynair
- Danfoss
- Lennox
- Backer Springfield
- Dunhambush
- TCL
- Trox
- Ingersoll Rand
- Camfil
KEY QUESTIONS ANSWERED
- How big is the U.S. residential heating system market?
- What is the growth rate of the U.S. residential heating system market?
- What will be the U.S. residential heating system market share in terms of volume in 2027?
- Which region holds the most extensive U.S. residential heating system market share?
- Who are the key players in the U.S. residential heating system market?
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.4 MARKET SEGMENTATION
4.4.1 MARKET SEGMENTATION BY EQUIPMENT
4.4.2 MARKET SEGMENTATION BY END USER
4.4.3 MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 PREMIUM INSIGHTS
7 MARKET AT A GLANCE
8 INTRODUCTION
8.1 OVERVIEW
8.1.1 DIFFERENCE BETWEEN DUCTED AND DUCTLESS HEATING SYSTEMS
8.1.2 ADVANTAGES OF SMART THERMOSTAT HEATING SYSTEMS
8.1.3 DISADVANTAGES OF SMART THERMOSTAT HEATING SYSTEMS
8.1.4 RESIDENTIAL CHALLENGES
8.1.5 MERGER & ACQUISITIONS AND PRODUCT DEVELOPMENT
8.1.6 RESIDENTIAL CONSTRUCTIONS
8.2 US INFLATION REDUCTION ACT PROVIDES BENEFITS TO HEATING EQUIPMENT MARKET
8.3 VALUE CHAIN
8.3.1 RAW MATERIAL SUPPLIERS & COMPONENTS
8.3.2 MANUFACTURERS
8.3.3 DEALERS/DISTRIBUTORS
8.3.4 RETAILERS
8.3.5 END-USERS
8.4 IMPACT OF COVID-19
9 MARKET OPPORTUNITY & TRENDS
9.1 MAJOR SHIFT TOWARD DUCTLESS SYSTEMS
9.2 EMERGENCE OF SMART HEATING SYSTEMS WITH IOT TECHNOLOGY
9.3 INCORPORATION OF HEAT AND ENERGY-EFFICIENCY ZONING TECHNOLOGY
10 MARKET GROWTH ENABLERS
10.1 INTEGRATION OF HYDROGEN HEATING TECHNOLOGY
10.2 RISING DEMAND FOR GEOTHERMAL HEATING SYSTEMS
10.3 GROWING DEMAND FOR VRF SYSTEMS
11 MARKET RESTRAINTS
11.1 LACK OF SKILLED LABOR
11.2 VULNERABILITY TO COVID-19
11.3 INTRACTABLE DATA SECURITY ISSUES
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.2 MARKET SIZE & FORECAST
12.2.1 VALUE
12.2.2 VOLUME
12.3 MARKET BY REGION
12.3.1 VALUE
12.3.2 VOLUME
12.4 FIVE FORCES ANALYSIS
12.4.1 THREAT OF NEW ENTRANTS
12.4.2 BARGAINING POWER OF SUPPLIERS
12.4.3 BARGAINING POWER OF BUYERS
12.4.4 THREAT OF SUBSTITUTES
12.4.5 COMPETITIVE RIVALRY
13 EQUIPMENT
13.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
13.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
13.2.1 MARKET OVERVIEW
13.2.2 HEAT PUMP: MARKET SIZE & FORECAST
13.2.3 BOILER UNIT: MARKET SIZE & FORECAST
13.2.4 FURNACE: MARKET SIZE & FORECAST
13.2.5 VRF: MARKET SIZE & FORECAST
13.2.6 OTHER HEATING EQUIPMENT: MARKET SIZE & FORECAST
14 END-USER
14.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
14.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
14.3 MARKET OVERVIEW
14.4 SINGLE-FAMILY HOUSING
14.4.1 MARKET OVERVIEW
14.4.2 MARKET SIZE & FORECAST
14.5 MULTI-FAMILY HOUSING
14.5.1 MARKET OVERVIEW
14.5.2 MARKET SIZE & FORECAST
15 DISTRIBUTION CHANNEL
15.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
15.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
15.3 MARKET OVERVIEW
15.4 OFFLINE
15.4.1 MARKET OVERVIEW
15.4.2 DEALERS & DISTRIBUTORS
15.4.3 SPECIALTY STORES
15.4.4 MASS MARKET PLAYERS
15.4.5 MARKET SIZE & FORECAST (VALUE)
15.4.6 MARKET SIZE & FORECAST (VOLUME)
15.5 ONLINE
15.5.1 MARKET OVERVIEW
15.5.2 DIRECT SALES
15.5.3 THIRD-PARTY SALES
15.5.4 MARKET SIZE & FORECAST (VALUE)
15.5.5 MARKET SIZE & FORECAST (VOLUME)
16 GEOGRAPHY
16.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
16.2 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
16.3 MARKET OVERVIEW
16.3.1 US: MARKET SIZE & FORECAST
17 SOUTH
17.1 MARKET OVERVIEW
17.1.1 FLORIDA & TEXAS: MARKET SIZE & FORECAST
17.2 MARKET SIZE & FORECAST
17.2.1 VALUE
17.2.2 VOLUME
18 WEST
18.1 MARKET OVERVIEW
18.1.1 CALIFORNIA & WASHINGTON: MARKET SIZE & FORECAST
18.2 MARKET SIZE & FORECAST
18.2.1 VALUE
18.2.2 VOLUME
19 MIDWEST
19.1 MARKET OVERVIEW
19.1.1 ILLINOIS & MINNESOTA
19.2 MARKET SIZE & FORECAST
19.2.1 VALUE
19.2.2 VOLUME
20 NORTHEAST
20.1 MARKET OVERVIEW
20.1.1 NEW JERSEY & NEW YORK: MARKET SIZE & FORECAST
20.2 MARKET SIZE & FORECAST
20.2.1 VALUE
20.2.2 VOLUME
21 COMPETITIVE LANDSCAPE
21.1 COMPETITION OVERVIEW
22 KEY COMPANY PROFILES
22.1 SAMSUNG
22.1.1 BUSINESS OVERVIEW
22.1.2 PRODUCT OFFERINGS
22.1.3 KEY STRATEGIES
22.1.4 KEY STRENGTHS
22.1.5 KEY OPPORTUNITIES
22.2 SYSTEMAIR
22.2.1 BUSINESS OVERVIEW
22.2.2 PRODUCT OFFERINGS
22.2.3 KEY STRATEGIES
22.2.4 KEY STRENGTHS
22.2.5 KEY OPPORTUNITIES
22.3 JOHNSON CONTROLS
22.3.1 BUSINESS OVERVIEW
22.3.2 PRODUCT OFFERINGS
22.3.3 KEY STRATEGIES
22.3.4 KEY STRENGTHS
22.3.5 KEY OPPORTUNITIES
22.4 ZEHNDER
22.4.1 BUSINESS OVERVIEW
22.4.2 PRODUCT OFFERINGS
22.4.3 KEY STRATEGIES
22.4.4 KEY STRENGTHS
22.4.5 KEY OPPORTUNITIES
22.5 ALDES
22.5.1 BUSINESS OVERVIEW
22.5.2 PRODUCT OFFERINGS
22.5.3 KEY STRATEGIES
22.5.4 KEY STRENGTHS
22.5.5 KEY OPPORTUNITIES
22.6 ROBERT BOSCH
22.6.1 BUSINESS OVERVIEW
22.6.2 PRODUCT OFFERINGS
22.6.3 KEY STRATEGIES
22.6.4 KEY STRENGTHS
22.6.5 KEY OPPORTUNITIES
22.7 DAIKIN
22.7.1 BUSINESS OVERVIEW
22.7.2 PRODUCT OFFERINGS
22.7.3 KEY STRATEGIES
22.7.4 KEY STRENGTHS
22.7.5 KEY OPPORTUNITIES
22.8 MITSUBISHI ELECTRIC
22.8.1 BUSINESS OVERVIEW
22.8.2 PRODUCT OFFERINGS
22.8.3 KEY STRATEGIES
22.8.4 KEY STRENGTHS
22.8.5 KEY OPPORTUNITIES
22.9 RHEEM MANUFACTURING
22.9.1 BUSINESS OVERVIEW
22.9.2 PRODUCT OFFERINGS
22.9.3 KEY STRATEGIES
22.9.4 KEY STRENGTHS
23 OTHER PROMINENT VENDORS
23.1 LG
23.1.1 BUSINESS OVERVIEW
23.1.2 PRODUCT OFFERINGS
23.2 PANASONIC
23.2.1 BUSINESS OVERVIEW
23.2.2 PRODUCT OFFERINGS
23.3 CARRIER
23.3.1 BUSINESS OVERVIEW
23.3.2 PRODUCT OFFERINGS
23.4 MIDEA
23.4.1 BUSINESS OVERVIEW
23.4.2 PRODUCT OFFERINGS
23.5 REGAL REXNORD
23.5.1 BUSINESS OVERVIEW
23.5.2 PRODUCT OFFERINGS
23.6 FLAKT GROUP
23.6.1 BUSINESS OVERVIEW
23.6.2 PRODUCT OFFERINGS
23.7 BEIJER REF
23.7.1 BUSINESS OVERVIEW
23.7.2 PRODUCT OFFERINGS
23.8 FLEXIT
23.8.1 BUSINESS OVERVIEW
23.8.2 PRODUCT OFFERINGS
23.9 GRUNDFOS
23.9.1 BUSINESS OVERVIEW
23.9.2 PRODUCT OFFERINGS
23.10 SWEGON
23.10.1 BUSINESS OVERVIEW
23.10.2 PRODUCT OFFERINGS
23.11 VTS
23.11.1 BUSINESS OVERVIEW
23.11.2 PRODUCT OFFERINGS
23.12 NUAIRE
23.12.1 BUSINESS OVERVIEW
23.12.2 PRODUCT OFFERINGS
23.13 NORTEK
23.13.1 BUSINESS OVERVIEW
23.13.2 PRODUCT OFFERINGS
23.14 ALFA LAVAL
23.14.1 BUSINESS OVERVIEW
23.14.2 PRODUCT OFFERINGS
23.15 HITACHI
23.15.1 BUSINESS OVERVIEW
23.15.2 PRODUCT OFFERINGS
23.16 LU-VE GROUPS
23.16.1 BUSINESS OVERVIEW
23.16.2 PRODUCT OFFERINGS
23.17 VENT-AXIA
23.17.1 BUSINESS OVERVIEW
23.17.2 PRODUCT OFFERINGS
23.18 S & P
23.18.1 BUSINESS OVERVIEW
23.18.2 PRODUCT OFFERINGS
23.19 WOLF
23.19.1 BUSINESS OVERVIEW
23.19.2 PRODUCT OFFERINGS
23.20 CIAT
23.20.1 BUSINESS OVERVIEW
23.20.2 PRODUCT OFFERINGS
23.21 AL-KO
23.21.1 BUSINESS OVERVIEW
23.21.2 PRODUCT OFFERINGS
23.22 DYNAIR
23.22.1 BUSINESS OVERVIEW
23.22.2 PRODUCT OFFERINGS
23.23 DANFOSS
23.23.1 BUSINESS OVERVIEW
23.23.2 PRODUCT OFFERINGS
23.24 LENNOX
23.24.1 BUSINESS OVERVIEW
23.24.2 PRODUCT OFFERINGS
23.25 BACKER SPRINGFIELD
23.25.1 BUSINESS OVERVIEW
23.25.2 PRODUCT OFFERINGS
23.26 DUNHAM BUSH
23.26.1 BUSINESS OVERVIEW
23.26.2 PRODUCT OFFERINGS
23.27 TCL ELECTRONICS
23.27.1 BUSINESS OVERVIEW
23.27.2 PRODUCT OFFERINGS
23.28 TROX GROUP
23.28.1 BUSINESS OVERVIEW
23.28.2 PRODUCT OFFERINGS
23.29 INGERSOLL RAND
23.29.1 BUSINESS OVERVIEW
23.29.2 PRODUCT OFFERINGS
23.30 CAMFIL
23.30.1 BUSINESS OVERVIEW
23.30.2 PRODUCT OFFERINGS
24 REPORT SUMMARY
24.1 KEY TAKEAWAYS
24.2 STRATEGIC RECOMMENDATIONS
25 QUANTITATIVE SUMMARY
25.1 MARKET BY GEOGRAPHY
25.1.1 MARKET SIZE & FORECAST
25.2 MARKET BY EQUIPMENT
25.2.1 MARKET SIZE & FORECAST
25.3 MARKET BY END-USER
25.3.1 MARKET SIZE & FORECAST
25.4 MARKET BY DISTRIBUTION CHANNEL
25.4.1 MARKET SIZE & FORECAST
26 APPENDIX
26.1 ABBREVIATIONS
LIST OF EXHIBITS
EXHIBIT 1 SEGMENTATION OF US RESIDENTIAL HEATING SYSTEMS MARKET
EXHIBIT 2 MARKET SIZE CALCULATION APPROACH 2022
EXHIBIT 3 HEEHRA REBATE AMOUNTS FOR APPLIANCES
EXHIBIT 4 VALUE CHAIN ANALYSIS OF US RESIDENTIAL HEATING SYSTEMS MARKET
EXHIBIT 5 IMPACT OF MAJOR SHIFT TOWARD DUCTLESS SYSTEMS
EXHIBIT 6 IMPACT OF EMERGENCE OF SMART HEATING SYSTEMS WITH IOT TECHNOLOGY
EXHIBIT 7 MODERN TECHNOLOGY OF IOT FOR SMART HEATING SYSTEMS
EXHIBIT 8 IMPACT OF INCORPORATION OF HEAT AND ENERGY-EFFICIENCY ZONING TECHNOLOGY
EXHIBIT 9 IMPACT OF INTEGRATION OF HYDROGEN HEATING TECHNOLOGY
EXHIBIT 10 ADVANTAGES OF HYDROGEN HEATING SYSTEMS
EXHIBIT 11 IMPACT OF RISING DEMAND FOR GEOTHERMAL HEATING SYSTEMS
EXHIBIT 12 ADVANTAGES OF GEOTHERMAL HEATING SYSTEMS
EXHIBIT 13 IMPACT OF GROWING DEMAND FOR VRF SYSTEMS
EXHIBIT 14 KEY ADVANTAGES OF VARIABLE REFRIGERANT FLOW (VRF) SYSTEM
EXHIBIT 15 IMPACT OF LACK OF SKILLED LABOR
EXHIBIT 16 MEASURES TAKEN BY VARIOUS AGENCIES AND ORGANIZATIONS
EXHIBIT 17 IMPACT OF VULNERABILITY TO COVID-19
EXHIBIT 18 IMPACT OF INTRACTABLE DATA SECURITY ISSUES
EXHIBIT 19 US ENERGY CONSUMPTION BY ENERGY SOURCE IN 2019
EXHIBIT 20 US RESIDENTIAL HEATING SYSTEMS MARKET 2022-2028 ($ MILLION)
EXHIBIT 21 US RESIDENTIAL HEATING SYSTEMS MARKET 2022-2028 (THOUSAND UNITS)
EXHIBIT 22 FIVE FORCES ANALYSIS 2022
EXHIBIT 23 INCREMENTAL GROWTH BY EQUIPMENT 2022 & 2028(VALUE)
EXHIBIT 24 INCREMENTAL GROWTH BY EQUIPMENT 2022 & 2028(VOLUME)
EXHIBIT 25 KEY FACTORS FAVORING DEMAND FOR HEAT PUMPS
EXHIBIT 26 US RESIDENTIAL HEAT PUMP MARKET 2022-2028 ($ MILLION)
EXHIBIT 27 US RESIDENTIAL HEAT PUMP MARKET 2022-2028 (THOUSAND UNITS)
EXHIBIT 28 US RESIDENTIAL BOILER UNIT MARKET 2022-2028 ($ MILLION)
EXHIBIT 29 US RESIDENTIAL BOILER UNIT MARKET 2022-2028 (THOUSAND UNITS)
EXHIBIT 30 COOLING DEGREE DAYS
EXHIBIT 31 US RESIDENTIAL FURNACE MARKET 2022-2028 ($ MILLION)
EXHIBIT 32 US RESIDENTIAL FURNACE MARKET 2022-2028 (THOUSAND UNITS)
EXHIBIT 33 US RESIDENTIAL VRF MARKET 2022-2028 ($ MILLION)
EXHIBIT 34 US RESIDENTIAL VRF MARKET 2022-2028 (THOUSAND UNITS)
EXHIBIT 35 US RESIDENTIAL OTHER HEATING EQUIPMENT MARKET 2022-2028 ($ MILLION)
EXHIBIT 36 US RESIDENTIAL OTHER HEATING EQUIPMENT MARKET 2022-2028 (THOUSAND UNITS)
EXHIBIT 37 INCREMENTAL GROWTH BY END-USER 2022 & 2028 (VALUE)
EXHIBIT 38 INCREMENTAL GROWTH BY END-USER 2022 & 2028 (VOLUME)
EXHIBIT 39 GROWTH IN SINGLE AND MULTI-FAMILY HOUSING UNITS IN US 2015?2019 (THOUSAND UNITS)
EXHIBIT 40 NUMBER OF SINGLE-FAMILY HOUSES SOLD IN US 2018-2023 (MILLION UNITS)
EXHIBIT 41 US RESIDENTIAL HEATING SYSTEMS MARKET BY SINGLE-FAMILY HOUSING 2022-2028 ($ MILLION)
EXHIBIT 42 US RESIDENTIAL HEATING SYSTEMS MARKET BY SINGLE-FAMILY HOUSING 2022-2028 (THOUSAND UNITS)
EXHIBIT 43 NUMBER OF MULTI-FAMILY HOUSING IN US 2018-2023 (MILLION UNITS)
EXHIBIT 44 US RESIDENTIAL HEATING SYSTEMS MARKET BY MULTI-FAMILY HOUSING 2022-2028 ($ MILLION)
EXHIBIT 45 US RESIDENTIAL HEATING SYSTEMS MARKET BY MULTI-FAMILY HOUSING 2022-2028 (THOUSAND UNITS)
EXHIBIT 46 INCREMENTAL GROWTH BY DISTRIBUTION CHANNEL 2022 & 2028
EXHIBIT 47 INCREMENTAL GROWTH BY DISTRIBUTION CHANNEL 2022 & 2028
EXHIBIT 48 CLASSIFICATION OF US RESIDENTIAL HEATING SYSTEMS MARKET BY DISTRIBUTION CHANNEL
EXHIBIT 49 US RESIDENTIAL HEATING SYSTEMS MARKET BY OFFLINE 2022-2028 ($ MILLION)
EXHIBIT 50 US RESIDENTIAL HEATING SYSTEMS MARKET BY OFFLINE 2022-2028 (THOUSAND UNITS)
EXHIBIT 51 CLASSIFICATION OF ONLINE DISTRIBUTION CHANNELS
EXHIBIT 52 US RESIDENTIAL HEATING SYSTEMS MARKET BY ONLINE 2022-2028 ($ MILLION)
EXHIBIT 53 US RESIDENTIAL HEATING SYSTEMS MARKET BY ONLINE 2022-2028 (THOUSAND UNITS)
EXHIBIT 54 INCREMENTAL GROWTH BY REGION 2022 & 2028 (VALUE)
EXHIBIT 55 INCREMENTAL GROWTH BY REGION 2022 & 2028 (VOLUME)
EXHIBIT 56 AVERAGE AND MEDIAN FAMILY INCOME IN SOUTHERN US 2022 ($)
EXHIBIT 57 HIGHEST NUMBER OF HOUSING UNITS WITH HEAT PUMPS IN US STATES 2020
EXHIBIT 58 RESIDENTIAL HEATING SYSTEMS MARKET IN SOUTHERN US 2022-2028 ($ MILLION)
EXHIBIT 59 RESIDENTIAL HEATING SYSTEMS MARKET IN SOUTHERN US 2022-2028 (THOUSAND UNITS)
EXHIBIT 60 RESIDENTIAL HEATING SYSTEMS MARKET IN WESTERN US 2022-2028 ($ MILLION)
EXHIBIT 61 RESIDENTIAL HEATING SYSTEMS MARKET IN WESTERN US 2022-2028 (THOUSAND UNITS)
EXHIBIT 62 RESIDENTIAL HEATING SYSTEMS MARKET IN MIDWEST US 2022-2028 ($ MILLION)
EXHIBIT 63 RESIDENTIAL HEATING SYSTEMS MARKET IN MIDWEST US 2022-2028 (THOUSAND UNITS)
EXHIBIT 64 RESIDENTIAL HEATING SYSTEMS MARKET IN NORTHEAST US 2022-2028 ($ MILLION)
EXHIBIT 65 RESIDENTIAL HEATING SYSTEMS MARKET IN NORTHEAST US 2022-2028 (THOUSAND UNITS)
LIST OF TABLES
TABLE 1 KEY CAVEATS
TABLE 2 CURRENCY CONVERSION 2015?2022
TABLE 3 ADVANTAGES AND DISADVANTAGES OF DUCTED AND DUCTLESS SYSTEM
TABLE 4 US RESIDENTIAL HEATING SYSTEMS MARKET BY GEOGRAPHY 2022?2028 ($ MILLION)
TABLE 5 US RESIDENTIAL HEATING SYSTEMS MARKET BY GEOGRAPHY 2022?2028 (THOUSAND UNITS)
TABLE 6 US RESIDENTIAL HEATING SYSTEMS MARKET BY EQUIPMENT 2022-2028 ($ MILLION)
TABLE 7 US RESIDENTIAL HEATING SYSTEMS MARKET BY EQUIPMENT 2022-2028 (THOUSAND UNITS)
TABLE 8 BOILER INSTALLATION AND REPLACEMENT COST IN 2022
TABLE 9 US RESIDENTIAL HEATING SYSTEMS MARKET BY END-USER 2022-2028 ($ MILLION)
TABLE 10 US RESIDENTIAL HEATING SYSTEMS MARKET BY END-USER 2022-2028 (THOUSAND UNITS)
TABLE 11 US RESIDENTIAL HEATING SYSTEMS MARKET BY DISTRIBUTION CHANNEL 2022-2028 ($ MILLION)
TABLE 12 US RESIDENTIAL HEATING SYSTEMS MARKET BY DISTRIBUTION CHANNEL 2022-2028 (THOUSAND UNITS)
TABLE 13 SPACE HEATING INSTALLATION COST IN US IN 2022
TABLE 14 US REGIONS COOLING DEGREE DAYS, 2021
TABLE 15 NEW PRIVATELY?OWNED HOUSING UNITS UNDER CONSTRUCTION IN WESTERN US IN 2022
TABLE 16 NEW PRIVATELY?OWNED HOUSING UNITS UNDER CONSTRUCTION IN MIDWEST US IN 2022
TABLE 17 NEW JERSEY HOUSING DEMAND IN 2022
TABLE 18 SAMSUNG: MAJOR PRODUCT OFFERINGS
TABLE 19 SYSTEMAIR: MAJOR PRODUCT OFFERINGS
TABLE 20 JOHNSON CONTROLS: MAJOR PRODUCT OFFERINGS
TABLE 21 ZEHNDER: MAJOR PRODUCT OFFERINGS
TABLE 22 ALDES: MAJOR PRODUCT OFFERINGS
TABLE 23 ROBERT BOSCH: MAJOR PRODUCT OFFERINGS
TABLE 24 DAIKIN: MAJOR PRODUCT OFFERINGS
TABLE 25 MITSUBISHI ELECTRIC: MAJOR PRODUCT OFFERINGS
TABLE 26 RHEEM MANUFACTURING: MAJOR PRODUCT OFFERINGS
TABLE 27 LG: MAJOR PRODUCT OFFERINGS
TABLE 28 PANASONIC: MAJOR PRODUCT OFFERINGS
TABLE 29 CARRIER: MAJOR PRODUCT OFFERINGS
TABLE 30 MIDEA: MAJOR PRODUCT OFFERINGS
TABLE 31 REGAL REXNORD: MAJOR PRODUCT OFFERINGS
TABLE 32 FLAKT GROUP: MAJOR PRODUCT OFFERINGS
TABLE 33 BEIJER REF: MAJOR PRODUCT OFFERINGS
TABLE 34 FLEXIT: MAJOR PRODUCT OFFERINGS
TABLE 35 GRUNDFOS: MAJOR PRODUCT OFFERINGS
TABLE 36 SWEGON: MAJOR PRODUCT OFFERINGS
TABLE 37 VTS: MAJOR PRODUCT OFFERINGS
TABLE 38 NUAIRE: MAJOR PRODUCT OFFERINGS
TABLE 39 NORTEK: MAJOR PRODUCT OFFERINGS
TABLE 40 ALFA LAVAL: MAJOR PRODUCT OFFERINGS
TABLE 41 HITACHI: MAJOR PRODUCT OFFERINGS
TABLE 42 LU-VE GROUPS: MAJOR PRODUCT OFFERINGS
TABLE 43 VENT-AXIA: MAJOR PRODUCT OFFERINGS
TABLE 44 S & P: MAJOR PRODUCT OFFERINGS
TABLE 45 WOLF: MAJOR PRODUCT OFFERINGS
TABLE 46 CIAT: MAJOR PRODUCT OFFERINGS
TABLE 47 AL-KO: MAJOR PRODUCT OFFERINGS
TABLE 48 DYNAIR: MAJOR PRODUCT OFFERINGS
TABLE 49 DANFOSS: MAJOR PRODUCT OFFERINGS
TABLE 50 LENNOX: MAJOR PRODUCT OFFERINGS
TABLE 51 BACKER SPRINGFIELD: MAJOR PRODUCT OFFERINGS
TABLE 52 DUNHAMBUSH: MAJOR PRODUCT OFFERINGS
TABLE 53 TCL ELECTRONICS: MAJOR PRODUCT OFFERINGS
TABLE 54 TROX GROUP: MAJOR PRODUCT OFFERINGS
TABLE 55 INGERSOLL RAND: MAJOR PRODUCT OFFERINGS
TABLE 56 CAMFIL: MAJOR PRODUCT OFFERINGS
TABLE 57 US RESIDENTIAL HEATING SYSTEMS MARKET BY GEOGRAPHY 2022?2028 ($ MILLION)
TABLE 58 US RESIDENTIAL HEATING SYSTEMS MARKET BY GEOGRAPHY 2022?2028 (THOUSAND UNITS)
TABLE 59 US RESIDENTIAL HEATING SYSTEMS MARKET BY EQUIPMENT 2022?2028 ($ MILLION)
TABLE 60 US RESIDENTIAL HEATING SYSTEMS MARKET BY EQUIPMENT 2022?2028 (THOUSAND UNITS)
TABLE 61 US RESIDENTIAL HEATING SYSTEMS MARKET BY END-USER 2022?2028 ($ MILLION)
TABLE 62 US RESIDENTIAL HEATING SYSTEMS MARKET BY END-USER 2022?2028 (THOUSAND UNITS)
TABLE 63 US RESIDENTIAL HEATING SYSTEMS MARKET BY DISTRIBUTION CHANNEL 2022?2028 ($ MILLION)
TABLE 64 US RESIDENTIAL HEATING SYSTEMS MARKET BY DISTRIBUTION CHANNEL 2022?2028 (THOUSAND UNITS)
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Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
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- Sample Pages
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With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
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Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
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- Prices
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All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
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- Discounts
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As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
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- Available Currencies
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Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
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- Licenses
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License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
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- Global Site License
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The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
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- Formats
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The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
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- Delivery
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Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
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- Shipping Charges
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As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
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We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
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- By Money Transfer
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If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
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We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
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- Credit Card Security
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We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
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