Fired Heaters Market

Fired Heaters Market Study by Vertical Cylindrical Heaters, Horizontal Cylindrical Heaters, and Cabin Type Heaters from 2023 to 2033

Analysis of Fired Heaters Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Fired Heaters Market Outlook (2023 to 2033)

The global fired heaters market is valued at US$ 1 billion in 2023 and is predicted to reach US$ 1.8 billion by 2033-end. Global demand for fired heaters is predicted to rise at a CAGR of 6% from 2023 to 2033.

Direct-fired heaters essentially heat the air by burning fuel, such as gas or oil. Due to the adaptable structure of direct-fired heaters, practically any kind of furnace burner may be employed in single or multiple burner combinations.

Fired heaters are furnaces that heat liquids and gases using the thermal energy released during the burning of fuel. Industrial facilities generally use fired heaters, sometimes called furnaces, to heat gases or liquids to a desired temperature.

The safety, dependability, and economics of a processing unit can be significantly impacted by the use of fired heaters in the petrochemical and refining industries. Market growth is attributed to the new developments in product manufacturing technologies. This is a result of rapid urbanization and industrialization, which has increased the demand for power generation.

Rising demand for fired heaters in the oil and gas sector, the power industry, the chemical industry, and other applications is responsible for the market expansion. The expansion of the oil and gas refineries, the emergence of regulations, and rising government measures to decrease carbon emissions are some of the elements driving market growth.

The fired heaters industry has been significantly influenced by the various open and seamless trade agreements among established players and vendors worldwide. A key trend gaining significant momentum in the market is the preference for tailor-made fired heaters, designed by considering the specific requirements of clients.

Increasing concerns about climate change, carbon emissions, energy use, and energy efficiency have prompted entrepreneurs to invest in the market. The market is expanding due to the rising investments made by top companies in R&D projects targeted at improving product efficiency.

The primary driving factor of the fired heaters market is the rising demand for heating equipment for industrial applications in emerging economies. Increasing need for fired heaters in manufacturing, power generation, and processing due to their qualities, including fast startup time, high performance, and reliability is driving the market expansion.

Increased investments in building and constructing new infrastructure for power generation present potential growth opportunities for fired heater manufacturers. Significant potential for the expansion of the market for fired air heaters during the projected period will result from the integration of the Internet of Things (IoT), which will boost the lifecycle, efficiency, and stability of fired heaters.

Report Attributes

Details

Fired Heaters Market Size (2023)

US$ 1 Billion

Projected Market Value (2033)

US$ 1.8 Billion

Global Market Growth Rate (2023 to 2033)

6% CAGR

Market Share of Direct-fired Heaters (2023)

70%

Key Companies Profiled

  • AbsolutAire, Inc.
  • Sigma Thermal
  • Hetsco Inc.
  • Thermax
  • Exotherm Corporation
  • TechEngineering Srl
  • Optimized Process Furnaces, Inc.
  • The G.C. Broach Company
  • Boustead International Heaters Ltd.

Why are Fired Heaters Gaining Immense Popularity across Several End-use Industries?

“Rapid Adoption of Fired Heaters for Improving Combustion Performance”

Fired heaters play a vital role in the natural gas-fired furnaces in the energy & power sector, which in turn continues to uphold their demand. The expansion of the petrochemical and chemical industries has created a massive demand for machinery and equipment in these industries, which in turn has driven the adoption of fired heaters for improving combustion performance.

Key companies in end-use sectors are looking for more optimized and efficient equipment to heat various hydrocarbons, and fired heaters witnessed sustained demand for the efficient provision of energy to these processes. The use of such fired heaters helps save up on energy, thereby enabling cost-optimization for end-users and driving sales.

The control and measurement viewpoints applied in fired heaters are being evaluated on a large scale. Implementation of new control philosophies that combine advanced data analytics, combustion expertise, and new measurement technologies, have paved new opportunities for fired heater manufacturers to leverage technology advances and enhance heater performance.

“Rising Demand for Fired Heaters to Control Carbon Emissions”

Key developments and approaches to control carbon emissions in industries have shifted the focus of end users to the adoption of fired heaters with closed combustion systems, as these allow the conveyance of the combustion air from the surrounding. Market expansion will be significantly impacted favorably by the increased demand for NOx (nitrogen oxide) reduction to reduce the environmental impact.

In the last ten years, fired heaters were created using industry criteria to comply with regulations and specifications at the time of installation. Yet a lot has changed in the situation.

Companies that make fired heaters are modifying them to satisfy the new norms and regulations by including the appropriate tools and design principles. The market will be driven by the several manufacturers that are developing their heaters to suit rising demand.

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How is Industry Growth Being Restrained to Some Extent?

“High installation & Maintenance Costs of Fired Heaters”

Manufacturers of fired heaters are expected to adhere to certain regulatory standards imposed by international regulatory bodies. The regulations about the material used for lining fired heaters are crucial, making manufacturers fetch sustainable alternatives.

Pricing trends indicate that the complex and large profile of fired heaters make them essential for professional installation, resulting in additional costs to the end users. In addition, the relatively greater maintenance costs add to the expenses of fired heater deployments, which in turn continues to hinder the adoption of fired heaters.

Fired Heaters Market Size & Growth Forecast by Fact.MR

Which Region Holds a Leading Position in the Fired Heaters Market?

“Presence of Numerous Chemical & Petrochemical Process Equipment Facilities in Asia Pacific”

  • Asia Pacific accounts for 50% share of the global market due to the presence of numerous chemical and petrochemical process equipment facilities.

Key market players continue to focus on strengthening their distribution and optimizing supply chain management to leverage the growth potential in the region. The growing need for reliable and efficient energy from end-use industries is propelling market expansion in the region.

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Country-wise Insights

What is Benefitting Manufacturers of Fired Heaters in the United States?

“Rising Demand for Heating Equipment for Industrial Applications

The market in the United States is projected to expand significantly over the coming years due to the rising demand for heating equipment for industrial applications. The market for fired heaters is also being driven by an increase in investments made in industrial manufacturing to expand power generation capacity.

Which European Country is Likely to Be a Prominent Marketplace?

“Significant Government Investments in Infrastructure Development in Germany”

The main factors propelling market growth in Germany are the presence of top fired heater producers and expanding oil and gas industry. Rapid industrialization and significant government investments in infrastructure development are boosting market value in the country.

How is the Market for Fired Heaters Progressing in Japan?

“Rapid Expansion of Power Generation Industry in Japan”

Rapid expansion of the power generation industry and continuous advancements in fired heaters are supporting market expansion in Japan. An increase in the local supply of direct-fired heaters is expected to boost market revenue in the country.

Category-wise Insights

Why are Direct-fired Heaters Exhibiting Huge Demand Growth?

“Direct-fired Heaters Preferred Due to Their High Efficiency & Low Operating Costs

Based on product type, the market is divided into direct-fired heaters and indirect-fired heaters.

  • Direct-fired heaters account for 70% share of the global market due to their high efficiency and low operating costs.

Drying, heating, and cooking are just a few of the uses for direct-fired heaters. They are sometimes referred to as "fuel cells" since they use thermal energy to generate DC power. Direct-fired heaters have a variety of uses, from solar cookers to wood-fired pizza ovens, and they can be utilized in household or commercial settings.

End-use sectors are preferring direct-fired heaters, owing to relatively greater cost-effectiveness, durability, and application diversity. In addition, as end users look for greater efficiency in their heating processes, direct-fired heaters are gaining utmost preference in light of their capability to attain 100% efficiency. Direct-fired heaters deliver high air volume in proportion to the heat output.

Direct-fired heaters provide many significant benefits, including being affordable to buy and simple to install. Direct-fired heaters can also use convection and radiant heat transfer sections, and they can be built in a variety of ways based on the particular needs of the clients.

Which End-use Sector is Generating the Most Revenue in This Space?

“Fired Heaters Widely Used in Oil & Gas Industry to Replace Aging Infrastructure & Increase Production Capacity

The market is segmented into chemicals, petrochemicals, power, and oil & gas based on end-use sector. The use of fired heaters in the oil & gas sector is expected to increase over the forecast period.

Fired heaters are crucial in the oil and gas industry for heating feedstock, thermic fluids, process fluids, charge heating, and steam heating. These units can either be designed as vertical cylindrical or box-type furnaces, depending on the purpose. Both offshore and onshore installation options are available for these devices.

Fired heater adoption in the oil and gas industry is expected to be driven by the rising need to replace outdated infrastructure, expand output, and lower operating costs throughout the projection period. Additionally, it is predicted that strict workplace safety regulations will boost the pace of installation in the oil and gas sector.

Know thy Competitors

Competitive landscape highlights only certain players
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Competitive Landscape

The global fired heaters market is characterized by a mix of consolidation of high-end solutions, and fragmentation of low-end products. Leading companies are focusing on quality control, the development of industry-specific solutions, product standards, and expansion in proliferating regional markets.

Top fired heater producers are investing in new product developments. They are also focusing on discovering new materials and innovations in processes, to save on cost while focusing on sustainability and following safety regulations.

Process-specific development of fired heaters is another key focus area of the market players. An increase in contracts between manufacturers and end users for delivering customized, tailor-made solutions led to a widening application scope of fired heaters.

For instance,

  • In 2019, Sigma Thermal partnered with Flarectec to strengthen its ability to offer top-notch heating solutions for industrial applications.

Key Segments of Fired Heaters Industry Research

  • By Product Type :

    • Direct-fired Heaters
      • Reformers
      • Hydrocrackers
      • Gas Oil Hydrocrackers
      • Crude Distillation
      • Others
    • Indirect-fired Heaters
  • By Configuration :

    • Vertical Cylindrical
    • Horizontal Cylindrical
    • Cabin Type
  • By Heating Capacity :

    • Up to 10 MMBtu/hr
    • 11 to 50 MMBtu/hr
    • Above 50 MMBtu/hr
  • By End-use Sector :

    • Chemicals
    • Petrochemicals
    • Power
    • Oil & Gas
  • By Region :

    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-Supply Side Trends

    1.3. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

        3.1.1. Innovative Configuration

        3.1.2. Increased Heat Energy Consumption

        3.1.3. Surging Production Output from End Use Sector

4. Market Background

    4.1. Global Energy Sector Outlook

        4.1.1. Investment in Oil and Gas midstream and downstream

        4.1.2. Breakdown of the ESCO (Energy Service Companies) market by region, and By Customer Type

        4.1.3. Total Natural Gas Proved Reserves At The End Of 2022

        4.1.4. Total Proved reserves of Crude Oil (at the end of 2022)

        4.1.5. Historic & Current Oil & Gas production scenario in US

        4.1.6. Crude Oil Price Movements

        4.1.7. Upcoming Large-Scale Chemical and Petrochemical Projects By 2025

    4.2. Macro-Economic Factors - Relevance & Impact for Insulating Blow-In Machines

        4.2.1. Manufacturing Sector GVA and Growth

        4.2.2. Per Capita Disposable Income

        4.2.3. Global GDP Growth Outlook

    4.3. Forecast Factors - Relevance & Impact

    4.4. PESTLE Analysis

    4.5. Porter’s Five Forces Analysis

    4.6. Supply Chain Analysis

        4.6.1. List of Key Manufacturers

        4.6.2. List of Suppliers

        4.6.3. List of Potential Buyers

    4.7. Market Dynamics

        4.7.1. Drivers

        4.7.2. Restraints

        4.7.3. Opportunity Analysis

5. Global Market Analysis & Forecast

    5.1. Global Market Size and Volume, 2018 - 2022

    5.2. Global Market Value and Volume Y-o-Y

        5.2.1. Global Market Size and Volume,2023 – 2033

        5.2.2. Y-o-Y Growth Trend Analysis

        5.2.3. Absolute $ Opportunity Analysis

6. Global Market - Pricing Analysis

    6.1. Regional Pricing Analysis By Heating Capacity

    6.2. Pricing Break-up

    6.3. Global Average Pricing Analysis Benchmark

7. Global Market Demand (US$ Mn) Analysis 2018-2022 and Forecast,2023-2033

    7.1. Historical Market Value (US$ Mn) Analysis, 2018-2022

    7.2. Current Market Value (US$ Mn) Projections,2023-2033

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Global Market Analysis 2018-2022 and Forecast 2023-2033, by Product Type

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ Mn) and Volume(Units) Analysis By Product Type, 2018 - 2022

    8.3. Current Market Size (US$ Mn) and Volume(Units) Analysis and Forecast By Product Type,2023 - 2033

        8.3.1. Direct-fired heaters

            8.3.1.1. Reformer

            8.3.1.2. Hydrocracker

            8.3.1.3. Gas Oil Hydrotreater

            8.3.1.4. Crude Distillation

            8.3.1.5. Vacuum Distillation

            8.3.1.6. Others

        8.3.2. Indirect fired heaters

    8.4. Others Market Attractiveness Analysis By Product Type

9. Global Market Analysis 2018-2022 and Forecast 2023-2033, by Configuration

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Mn) and Volume(Units) Analysis By Configuration, 2018 - 2022

    9.3. Current Market Size (US$ Mn) and Volume(Units) Analysis and Forecast By Configuration,2023 – 2033

        9.3.1. Vertical cylindrical

        9.3.2. Horizontal cylindrical

        9.3.3. Cabin type

    9.4. Market Attractiveness Analysis By Configuration

10. Global Market Analysis 2018-2022 and Forecast 2023-2033, by Heating Capacity

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Mn) and Volume(Units) Analysis By Product Type, 2018 - 2022

    10.3. Current Market Size (US$ Mn) and Volume(Units) Analysis and Forecast By Product Type,2023 – 2033

        10.3.1. Upto 10 MMBtu/hr

        10.3.2. 11-50 MMBtu/hr

        10.3.3. Above 50 MMBtu/hr

    10.4. Market Attractiveness Analysis By Heating Capacity

11. Global Market Analysis 2018-2022 and Forecast 2023-2033, by End-Use Sector

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Mn) and Volume(Units) Analysis By End-Use Sector, 2018 - 2022

    11.3. Current Market Size (US$ Mn) and Volume(Units) Analysis and Forecast By End-Use Sector,2023 - 2033

        11.3.1. Chemical

        11.3.2. Petrochemical

    11.4. Market Attractiveness Analysis By End-Use Sector

12. Global Market Analysis 2018-2022 and Forecast 2023-2033, by Region

    12.1. Introduction

    12.2. Historical Market Size (US$ Mn) and Volume(Units) Analysis By Region, 2018 - 2022

    12.3. Current Market Size (US$ Mn) and Volume(Units) Analysis and Forecast By Region,2023 - 2033

        12.3.1. North America

        12.3.2. Latin America

        12.3.3. Europe

        12.3.4. East-Asia

        12.3.5. South Asia

        12.3.6. Oceania

        12.3.7. Middle East & Africa (MEA)

    12.4. Market Attractiveness Analysis By Region

13. North America Market Analysis 2018-2022 and Forecast 2023-2033

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ Mn) and Volume(Units) Trend Analysis By Market Taxonomy, 2014 -2023

    13.4. Market Size (US$ Mn) and Volume(Units) Forecast By Market Taxonomy,2023 – 2033

        13.4.1. By Country

            13.4.1.1. U.S.

            13.4.1.2. Canada

        13.4.2. By Product Type

        13.4.3. By Configuration

        13.4.4. By Heating Capacity

        13.4.5. By End-Use Sector

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Product Type

        13.5.3. By Configuration

        13.5.4. By Heating Capacity

        13.5.5. By End-Use Sector

    13.6. Market Trends

    13.7. Key Market Participants - Intensity Mapping

    13.8. Drivers and Restraints - Impact Analysis

14. Latin America Market Analysis 2018-2022 and Forecast 2023-2033

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ Mn) Volume (Units) Trend Analysis By Market Taxonomy, 2018 - 2022

    14.4. Market Size (US$ Mn) and Volume(Units) Forecast By Market Taxonomy,2023 - 2033

        14.4.1 By Country

            14.4.1.1. Brazil

            14.4.1.2. Mexico

            14.4.1.3. Rest of Latin America

        14.4.2. By Product Type

        14.4.3. By Configuration

        14.4.4. By Heating Capacity

        14.4.5. By End-Use Sector

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Product Type

        14.5.3. By Configuration

        14.5.4. By Heating Capacity

        14.5.5. By End-Use Sector

    14.6. Market Trends

    14.7. Key Market Participants - Intensity Mapping

    14.8. Drivers and Restraints - Impact Analysis

15. Europe Market Analysis 2018-2022 and Forecast 2023-2033

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Mn) Volume (Units) Trend Analysis By Market Taxonomy, 2018 - 2022

    15.4. Market Size (US$ Mn) and Volume(Units) Forecast By Market Taxonomy,2023 - 2033

        15.4.1. By Country

            15.4.1.1. Germany

            15.4.1.2. Italy

            15.4.1.3. France

            15.4.1.4. U.K.

            15.4.1.5. Spain

            15.4.1.6. Rest of Europe

        15.4.2. By Product Type

        15.4.3. By Configuration

        15.4.4. By Heating Capacity

        15.4.5. By End-Use Sector

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Product Type

        15.5.3. By Configuration

        15.5.4. By Heating Capacity

        15.5.5. By End-Use Sector

    15.6. Market Trends

    15.7. Key Market Participants - Intensity Mapping

    15.8. Drivers and Restraints - Impact Analysis

16. East- Asia Market Analysis 2018-2022 and Forecast 2023-2033

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ Mn) Volume (Units) Trend Analysis By Market Taxonomy, 2018 - 2022

    16.4. Market Size (US$ Mn) and Volume(Units) Forecast By Market Taxonomy,2023 - 2033

        16.4.1. By Country

            16.4.1.1. China

            16.4.1.2. Japan

            16.4.1.3. South Korea

        16.4.2. By Product Type

        16.4.3. By Configuration

        16.4.4. By Heating Capacity

        16.4.5. By End-Use Sector

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Product Type

        16.5.3. By Configuration

        16.5.4. By Heating Capacity

        16.5.5. By End-Use Sector

    16.6. Market Trends

    16.7. Key Market Participants - Intensity Mapping

    16.8. Drivers and Restraints - Impact Analysis

17. South Asia Market Analysis 2018-2022 and Forecast 2023-2033

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ Mn) Volume (Units) Trend Analysis By Market Taxonomy, 2018 - 2022

    17.4. Market Size (US$ Mn) and Volume(Units) Forecast By Market Taxonomy,2023 - 2033

        17.4.1. By Country

            17.4.1.1. India

            17.4.1.2. Thailand

            17.4.1.3. Indonesia

            17.4.1.4. Malaysia

            17.4.1.5. Rest of South Asia

        17.4.2. By Product Type

        17.4.3. By Configuration

        17.4.4. By Heating Capacity

        17.4.5. By End-Use Sector

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Product Type

        17.5.3. By Configuration

        17.5.4. By Heating Capacity

        17.5.5. By End-Use Sector

    17.6. Market Trends

    17.7. Key Market Participants - Intensity Mapping

    17.8. Drivers and Restraints - Impact Analysis

18. Oceania Market Analysis 2018-2022 and Forecast 2023-2033

    18.1. Introduction

    18.2. Pricing Analysis

    18.3. Historical Market Size (US$ Mn) Volume (Units) Trend Analysis By Market Taxonomy, 2018 - 2022

    18.4. Market Size (US$ Mn) and Volume(Units) Forecast By Market Taxonomy,2023 - 2033

        18.4.1. By Country

            18.4.1.1. Australia

            18.4.1.2. New- Zealand

        18.4.2. By Product Type

        18.4.3. By Configuration

        18.4.4. By Heating Capacity

        18.4.5. By End-Use Sector

    18.5. Market Attractiveness Analysis

        18.5.1. By Country

        18.5.2. By Product Type

        18.5.3. By Configuration

        18.5.4. By Heating Capacity

        18.5.5. By End-Use Sector

    18.6. Market Trends

    18.7. Key Market Participants - Intensity Mapping

    18.8. Drivers and Restraints - Impact Analysis

19. Middle East and Africa Market Analysis 2018-2022 and Forecast 2023-2033

    19.1. Introduction

    19.2. Pricing Analysis

    19.3. Historical Market Size (US$ Mn) Volume (Units) Trend Analysis By Market Taxonomy, 2018 - 2022

    19.4. Market Size (US$ Mn) and Volume(Units) Forecast By Market Taxonomy,2023 - 2033

        19.4.1. By Country

            19.4.1.1. GCC Countries

            19.4.1.2. Turkey

            19.4.1.3. Northern Africa

            19.4.1.4. South Africa

            19.4.1.5. Rest of Middle East and Africa

        19.4.2. By Product Type

        19.4.3. By Configuration

        19.4.4. By Heating Capacity

        19.4.5. By End-Use Sector

    19.5. Market Attractiveness Analysis

        19.5.1. By Country

        19.5.2. By Product Type

        19.5.3. By Configuration

        19.5.4. By Heating Capacity

        19.5.5. By End-Use Sector

    19.6. Market Trends

    19.7. Key Market Participants - Intensity Mapping

    19.8. Drivers and Restraints - Impact Analysis

20. India Market Analysis 2018-2022 and Forecast 2023-2033

    20.1. Introduction

    20.2. Pricing Analysis

    20.3. Historical Market Size (US$ Mn) Volume (Units) Trend Analysis By Market Taxonomy, 2018 - 2022

    20.4. Market Size (US$ Mn) and Volume(Units) Forecast By Market Taxonomy,2023 - 2033

        20.4.1. By Product Type

        20.4.2. By Configuration

        20.4.3. By Heating Capacity

        20.4.4. By End-Use Sector

    20.5. Market Attractiveness Analysis

        20.5.1. By Product Type

        20.5.2. By Configuration

        20.5.3. By Heating Capacity

        20.5.4. By End-Use Sector

    20.6. Market Trends

    20.7. Key Market Participants - Intensity Mapping

    20.8. Drivers and Restraints - Impact Analysis

21. Brazil Market Analysis 2018-2022 and Forecast 2023-2033

    21.1. Introduction

    21.2. Pricing Analysis

    21.3. Historical Market Size (US$ Mn) Volume (Units) Trend Analysis By Market Taxonomy, 2018 - 2022

    21.4. Market Size (US$ Mn) and Volume(Units) Forecast By Market Taxonomy,2023 - 2033

        21.4.1. By Product Type

        21.4.2. By Configuration

        21.4.3. By Heating Capacity

        21.4.4. By End-Use Sector

    21.5. Market Attractiveness Analysis

        21.5.1. By Product Type

        21.5.2. By Configuration

        21.5.3. By Heating Capacity

        21.5.4. By End-Use Sector

    21.6. Market Trends

    21.7. Key Market Participants - Intensity Mapping

    21.8. Drivers and Restraints - Impact Analysis

22. Competition Analysis

    22.1. Competition Dashboard

    22.2. Competition Benchmarking

    22.3. Competition Deep Dive

        22.3.1. Shelter and Brink Ltd.

            22.3.1.1. Overview

            22.3.1.2. Product Portfolio

            22.3.1.3. Sales Footprint

            22.3.1.4. Strategy Overview

        22.3.2. Boustead International Heaters

            22.3.2.1. Overview

            22.3.2.2. Product Portfolio

            22.3.2.3. Sales Footprint

            22.3.2.4. Strategy Overview

        22.3.3. Exotherm Corporation

            22.3.3.1. Overview

            22.3.3.2. Product Portfolio

            22.3.3.3. Sales Footprint

            22.3.3.4. Strategy Overview

        22.3.4. Aggreko plc

            22.3.4.1. Overview

            22.3.4.2. Product Portfolio

            22.3.4.3. Sales Footprint

            22.3.4.4. Strategy Overview

        22.3.5. John Wood Group PLC

            22.3.5.1. Overview

            22.3.5.2. Product Portfolio

            22.3.5.3. Sales Footprint

            22.3.5.4. Strategy Overview

        22.3.6. UnitBirwelco

            22.3.6.1. Overview

            22.3.6.2. Product Portfolio

            22.3.6.3. Sales Footprint

            22.3.6.4. Strategy Overview

        22.3.7. Thermax Limited

            22.3.7.1. Overview

            22.3.7.2. Product Portfolio

            22.3.7.3. Sales Footprint

            22.3.7.4. Strategy Overview

        22.3.8. Esteem Projects Pvt. Ltd.

            22.3.8.1. Overview

            22.3.8.2. Product Portfolio

            22.3.8.3. Sales Footprint

            22.3.8.4. Strategy Overview

        22.3.9. Sigma Thermal

            22.3.9.1. Overview

            22.3.9.2. Product Portfolio

            22.3.9.3. Sales Footprint

            22.3.9.4. Strategy Overview

        22.3.10. Optimized Process Furnaces, INC.

            22.3.10.1. Overview

            22.3.10.2. Product Portfolio

            22.3.10.3. Sales Footprint

            22.3.10.4. Strategy Overview

        22.3.11. The Linde Group

            22.3.11.1. Overview

            22.3.11.2. Product Portfolio

            22.3.11.3. Sales Footprint

            22.3.11.4. Strategy Overview

        22.3.12. G.C. Broach

            22.3.12.1. Overview

            22.3.12.2. Product Portfolio

            22.3.12.3. Sales Footprint

            22.3.12.4. Strategy Overview

        22.3.13. Struthers Wells

            22.3.13.1. Overview

            22.3.13.2. Product Portfolio

            22.3.13.3. Sales Footprint

            22.3.13.4. Strategy Overview

        22.3.14. Scelerin

            22.3.14.1. Overview

            22.3.14.2. Product Portfolio

            22.3.14.3. Sales Footprint

            22.3.14.4. Strategy Overview

23. Assumptions and Acronyms Used

24. Research Methodology

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List Of Table

Table 01: Global Market Value (US$ Mn) by Product Type, 2018-2033

Table 02: Global Market Volume by Product Type, 2018-2033

Table 03: Global Market Value (US$ Mn) by Configuration, 2018-2033

Table 04: Global Market Volume (Units) by Configuration, 2018-2033

Table 05: Global Market Value (US$ Mn) by Heating Capacity, 2018-2033

Table 06: Global Market Volume (Units) by Heating Capacity, 2018-2033

Table 07: Global Market Value (US$ Mn) by End Use Sector, 2018-2033

Table 08: Global Market Volume (Units) by End Use Sector, 2018-2033

Table 09: Global Market Value (US$ Mn) by Region, 2018-2033

Table 10: Global Market Volume (unit) by Region, 2018-2033

Table 11: North America Market Value (US$ Mn) by Product Type, 2018-2033

Table 12: North America Market Volume by Product Type, 2018-2033

Table 13: North America Market Value (US$ Mn) by Configuration, 2018-2033

Table 14: North America Market Volume (Units) by Configuration, 2018-2033

Table 15: North America Market Value (US$ Mn) by Heating Capacity, 2018-2033

Table 16: North America Market Volume (Units) by Heating Capacity, 2018-2033

Table 17: North America Market Value (US$ Mn) by End Use Sector, 2018-2033

Table 18: North America Market Volume (Units) by End Use Sector, 2018-2033

Table 19: North America Market Value (US$ Mn) by Country, 2018-2033

Table 20: North America Market Volume (unit) by Country, 2018-2033

Table 21: Latin America Market Value (US$ Mn) by Product Type, 2018-2033

Table 22: Latin America Market Volume by Product Type, 2018-2033

Table 23: Latin America Market Value (US$ Mn) by Configuration, 2018-2033

Table 24: Latin America Market Volume (Units) by Configuration, 2018-2033

Table 25: Latin America Market Value (US$ Mn) by Heating Capacity, 2018-2033

Table 26: Latin America Market Volume (Units) by Heating Capacity, 2018-2033

Table 27: Latin America Market Value (US$ Mn) by End Use Sector, 2018-2033

Table 28: Latin America Market Volume (Units) by End Use Sector, 2018-2033

Table 29: Latin America Market Value (US$ Mn) by Country, 2018-2033

Table 30: Latin America Market Volume (unit) by Country, 2018-2033

Table 31: Europe Market Value (US$ Mn) by Product Type, 2018-2033

Table 32: Europe Market Volume by Product Type, 2018-2033

Table 33: Europe Market Value (US$ Mn) by Configuration, 2018-2033

Table 34: Europe Market Volume (Units) by Configuration, 2018-2033

Table 35: Europe Market Value (US$ Mn) by Heating Capacity, 2018-2033

Table 36: Europe Market Volume (Units) by Heating Capacity, 2018-2033

Table 37: Europe Market Value (US$ Mn) by End Use Sector, 2018-2033

Table 38: Europe Market Volume (Units) by End Use Sector, 2018-2033

Table 39: Europe Market Value (US$ Mn) by Country, 2018-2033

Table 40: Europe Market Volume (unit) by Country, 2018-2033

Table 41: East Asia Market Value (US$ Mn) by Product Type, 2018-2033

Table 42: East Asia Market Volume by Product Type, 2018-2033

Table 43: East Asia Market Value (US$ Mn) by Configuration, 2018-2033

Table 44: East Asia Market Volume (Units) by Configuration, 2018-2033

Table 45: East Asia Market Value (US$ Mn) by Heating Capacity, 2018-2033

Table 46: East Asia Market Volume (Units) by Heating Capacity, 2018-2033

Table 47: East Asia Market Value (US$ Mn) by End Use Sector, 2018-2033

Table 48: East Asia Market Volume (Units) by End Use Sector, 2018-2033

Table 49: East Asia Market Value (US$ Mn) by Country, 2018-2033

Table 50: East Asia Market Volume (unit) by Country, 2018-2033

Table 51: South Asia Market Value (US$ Mn) by Product Type, 2018-2033

Table 52: South Asia Market Volume by Product Type, 2018-2033

Table 53: South Asia Market Value (US$ Mn) by Configuration, 2018-2033

Table 54: South Asia Market Volume (Units) by Configuration, 2018-2033

Table 55: South Asia Market Value (US$ Mn) by Heating Capacity, 2018-2033

Table 56: South Asia Market Volume (Units) by Heating Capacity, 2018-2033

Table 57: South Asia Market Value (US$ Mn) by End Use Sector, 2018-2033

Table 58: South Asia Market Volume (Units) by End Use Sector, 2018-2033

Table 59: South Asia Market Value (US$ Mn) by Country, 2018-2033

Table 60: South Asia Market Volume (unit) by Country, 2018-2033

Table 61: Oceania Market Value (US$ Mn) by Product Type, 2018-2033

Table 62: Oceania Market Volume by Product Type, 2018-2033

Table 63: Oceania Market Value (US$ Mn) by Configuration, 2018-2033

Table 64: Oceania Market Volume (Units) by Configuration, 2018-2033

Table 65: Oceania Market Value (US$ Mn) by Heating Capacity, 2018-2033

Table 66: Oceania Market Volume (Units) by Heating Capacity, 2018-2033

Table 67: Oceania Market Value (US$ Mn) by End Use Sector, 2018-2033

Table 68: Oceania Market Volume (Units) by End Use Sector, 2018-2033

Table 69: Oceania Market Value (US$ Mn) by Country, 2018-2033

Table 70: Oceania Market Volume (unit) by Country, 2018-2033

Table 71: MEA Market Value (US$ Mn) by Product Type, 2018-2033

Table 72: MEA Market Volume by Product Type, 2018-2033

Table 73: MEA Market Value (US$ Mn) by Configuration, 2018-2033

Table 74: MEA Market Volume (Units) by Configuration, 2018-2033

Table 75: MEA Market Value (US$ Mn) by Heating Capacity, 2018-2033

Table 76: MEA Market Volume (Units) by Heating Capacity, 2018-2033

Table 77: MEA Market Value (US$ Mn) by End Use Sector, 2018-2033

Table 78: MEA Market Volume (Units) by End Use Sector, 2018-2033

Table 79: MEA Market Value (US$ Mn) by Country, 2018-2033

Table 80: MEA Market Volume (unit) by Country, 2018-2033

Table 81: INDIA Market Value (US$ Mn) by Product Type, 2018-2033

Table 82: INDIA Market Volume by Product Type, 2018-2033

Table 83: INDIA Market Value (US$ Mn) by Configuration, 2018-2033

Table 84: INDIA Market Volume (Units) by Configuration, 2018-2033

Table 85: INDIA Market Value (US$ Mn) by Heating Capacity, 2018-2033

Table 86: INDIA Market Volume (Units) by Heating Capacity, 2018-2033

Table 87: INDIA Market Value (US$ Mn) by End Use Sector, 2018-2033

Table 88: INDIA Market Volume (Units) by End Use Sector, 2018-2033

Table 89: BRAZIL Market Value (US$ Mn) by Product Type, 2018-2033

Table 90: BRAZIL Market Volume by Product Type, 2018-2033

Table 91: BRAZIL Market Value (US$ Mn) by Configuration, 2018-2033

Table 92: BRAZIL Market Volume (Units) by Configuration, 2018-2033

Table 93: BRAZIL Market Value (US$ Mn) by Heating Capacity, 2018-2033

Table 94: BRAZIL Market Volume (Units) by Heating Capacity, 2018-2033

Table 95: BRAZIL Market Value (US$ Mn) by End Use Sector, 2018-2033

Table 96: BRAZIL Market Volume (Units) by End Use Sector, 2018-2033

Table 97: MEXICO Market Value (US$ Mn) by Product Type, 2018-2033

Table 98: MEXICO Market Volume by Product Type, 2018-2033

Table 99: MEXICO Market Value (US$ Mn) by Configuration, 2018-2033

Table 100: MEXICO Market Volume (Units) by Configuration, 2018-2033

Table 101: MEXICO Market Value (US$ Mn) by Heating Capacity, 2018-2033

Table 102: MEXICO Market Volume (Units) by Heating Capacity, 2018-2033

Table 103: MEXICO Market Value (US$ Mn) by End Use Sector, 2018-2033

Table 104: MEXICO Market Volume (Units) by End Use Sector, 2018-2033

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List Of Figures

Figure 01: Global Historical Market Size (US$ Mn) and Volume (unit) Analysis, 2018 - 2022

Figure 02: Global Current and Future Market Size (US$ Mn) and Volume (unit) Analysis,2023 – 2033

Figure 03: Global Market Value Share Analysis, by Product Type, 2018,2023 & 2033

Figure 04: Global Market Attractiveness Analysis, by Product Type,2023 - 2033

Figure 05: Global Market Value Share Analysis, by Configuration, 2018,2023 & 2033

Figure 06: Global Market Attractiveness Analysis, by Configuration,2023 - 2033

Figure 07: Global Market Value Share Analysis, by Heating Capacity, 2018,2023 & 2033

Figure 08: Global Market Attractiveness Analysis, by Heating Capacity,2023 - 2033

Figure 09: Global Market Value Share Analysis, by End Use Sector, 2018,2023 & 2033

Figure 10: Global Market Attractiveness Analysis, by End Use Sector,2023 - 2033

Figure 11: Global Market Value Share Analysis, by Region, 2018,2023 & 2033

Figure 12: Global Market Attractiveness Analysis, by Region,2023 - 2033

Figure 13: North America Market Value Share Analysis, by Product Type, 2018,2023 & 2033

Figure 14: North America Market Attractiveness Analysis, by Product Type,2023 - 2033

Figure 15: North America Market Value Share Analysis, by Configuration, 2018,2023 & 2033

Figure 16: North America Market Attractiveness Analysis, by Configuration,2023 - 2033

Figure 17: North America Market Value Share Analysis, by Heating Capacity, 2018,2023 & 2033

Figure 18: North America Market Attractiveness Analysis, by Heating Capacity,2023 - 2033

Figure 19: North America Market Value Share Analysis, by End Use Sector, 2018,2023 & 2033

Figure 20: North America Market Attractiveness Analysis, by End Use Sector,2023 - 2033

Figure 21: North America Market Value Share Analysis, by Country, 2018,2023 & 2033

Figure 22: North America Market Attractiveness Analysis, by Country,2023 - 2033

Figure 23: Latin America Market Value Share Analysis, by Product Type, 2018,2023 & 2033

Figure 24: Latin America Market Attractiveness Analysis, by Product Type,2023 - 2033

Figure 25: Latin America Market Value Share Analysis, by Configuration, 2018,2023 & 2033

Figure 26: Latin America Market Attractiveness Analysis, by Configuration,2023 - 2033

Figure 27: Latin America Market Value Share Analysis, by Heating Capacity, 2018,2023 & 2033

Figure 28: Latin America Market Attractiveness Analysis, by Heating Capacity,2023 - 2033

Figure 29: Latin America Market Value Share Analysis, by End Use Sector, 2018,2023 & 2033

Figure 30: Latin America Market Attractiveness Analysis, by End Use Sector,2023 - 2033

Figure 31: Latin America Market Value Share Analysis, by Country, 2018,2023 & 2033

Figure 32: Latin America Market Attractiveness Analysis, by Country,2023 - 2033

Figure 33: Europe Market Value Share Analysis, by Product Type, 2018,2023 & 2033

Figure 34: Europe Market Attractiveness Analysis, by Product Type,2023 - 2033

Figure 35: Europe Market Value Share Analysis, by Configuration, 2018,2023 & 2033

Figure 36: Europe Market Attractiveness Analysis, by Configuration,2023 - 2033

Figure 37: Europe Market Value Share Analysis, by Heating Capacity, 2018,2023 & 2033

Figure 38: Europe Market Attractiveness Analysis, by Heating Capacity,2023 - 2033

Figure 39: Europe Market Value Share Analysis, by End Use Sector, 2018,2023 & 2033

Figure 40: Europe Market Attractiveness Analysis, by End Use Sector,2023 - 2033

Figure 41: Europe Market Value Share Analysis, by Country, 2018,2023 & 2033

Figure 42: Europe Market Attractiveness Analysis, by Country,2023 - 2033

Figure 43: East Asia Market Value Share Analysis, by Product Type, 2018,2023 & 2033

Figure 44: East Asia Market Attractiveness Analysis, by Product Type,2023 - 2033

Figure 45: East Asia Market Value Share Analysis, by Configuration, 2018,2023 & 2033

Figure 46: East Asia Market Attractiveness Analysis, by Configuration,2023 - 2033

Figure 47: East Asia Market Value Share Analysis, by Heating Capacity, 2018,2023 & 2033

Figure 48: East Asia Market Attractiveness Analysis, by Heating Capacity,2023 - 2033

Figure 49: East Asia Market Value Share Analysis, by End Use Sector, 2018,2023 & 2033

Figure 50: East Asia Market Attractiveness Analysis, by End Use Sector,2023 - 2033

Figure 51: East Asia Market Value Share Analysis, by Country, 2018,2023 & 2033

Figure 52: East Asia Market Attractiveness Analysis, by Country,2023 - 2033

Figure 53: South Asia Market Value Share Analysis, by Product Type, 2018,2023 & 2033

Figure 54: South Asia Market Attractiveness Analysis, by Product Type,2023 - 2033

Figure 55: South Asia Market Value Share Analysis, by Configuration, 2018,2023 & 2033

Figure 56: South Asia Market Attractiveness Analysis, by Configuration,2023 - 2033

Figure 57: South Asia Market Value Share Analysis, by Heating Capacity, 2018,2023 & 2033

Figure 58: South Asia Market Attractiveness Analysis, by Heating Capacity,2023 - 2033

Figure 59: South Asia Market Value Share Analysis, by End Use Sector, 2018,2023 & 2033

Figure 60: South Asia Market Attractiveness Analysis, by End Use Sector,2023 - 2033

Figure 61: South Asia Market Value Share Analysis, by Country, 2018,2023 & 2033

Figure 62: South Asia Market Attractiveness Analysis, by Country,2023 - 2033

Figure 63: Oceania Market Value Share Analysis, by Product Type, 2018,2023 & 2033

Figure 64: Oceania Market Attractiveness Analysis, by Product Type,2023 - 2033

Figure 65: Oceania Market Value Share Analysis, by Configuration, 2018,2023 & 2033

Figure 66: Oceania Market Attractiveness Analysis, by Configuration,2023 - 2033

Figure 67: Oceania Market Value Share Analysis, by Heating Capacity, 2018,2023 & 2033

Figure 68: Oceania Market Attractiveness Analysis, by Heating Capacity,2023 - 2033

Figure 69: Oceania Market Value Share Analysis, by End Use Sector, 2018,2023 & 2033

Figure 70: Oceania Market Attractiveness Analysis, by End Use Sector,2023 - 2033

Figure 71: Oceania Market Value Share Analysis, by Country, 2018,2023 & 2033

Figure 72: Oceania Market Attractiveness Analysis, by Country,2023 - 2033

Figure 73: MEA Market Value Share Analysis, by Product Type, 2018,2023 & 2033

Figure 74: MEA Market Attractiveness Analysis, by Product Type,2023 - 2033

Figure 75: MEA Market Value Share Analysis, by Configuration, 2018,2023 & 2033

Figure 76: MEA Market Attractiveness Analysis, by Configuration,2023 - 2033

Figure 77: MEA Market Value Share Analysis, by Heating Capacity, 2018,2023 & 2033

Figure 78: MEA Market Attractiveness Analysis, by Heating Capacity,2023 - 2033

Figure 79: MEA Market Value Share Analysis, by End Use Sector, 2018,2023 & 2033

Figure 80: MEA Market Attractiveness Analysis, by End Use Sector,2023 - 2033

Figure 81: MEA Market Value Share Analysis, by Country, 2018,2023 & 2033

Figure 82: MEA Market Attractiveness Analysis, by Country,2023 - 2033

Figure 83: INDIA Market Value Share Analysis, by Product Type, 2018,2023 & 2033

Figure 84: INDIA Market Attractiveness Analysis, by Product Type,2023 - 2033

Figure 85: INDIA Market Value Share Analysis, by Configuration, 2018,2023 & 2033

Figure 86: INDIA Market Attractiveness Analysis, by Configuration,2023 - 2033

Figure 87: INDIA Market Value Share Analysis, by Heating Capacity, 2018,2023 & 2033

Figure 88: INDIA Market Attractiveness Analysis, by Heating Capacity,2023 - 2033

Figure 89: INDIA Market Value Share Analysis, by End Use Sector, 2018,2023 & 2033

Figure 90: INDIA Market Attractiveness Analysis, by End Use Sector,2023 - 2033

Figure 91: BRAZIL Market Value Share Analysis, by Product Type, 2018,2023 & 2033

Figure 92: BRAZIL Market Attractiveness Analysis, by Product Type,2023 - 2033

Figure 93: BRAZIL Market Value Share Analysis, by Configuration, 2018,2023 & 2033

Figure 94: BRAZIL Market Attractiveness Analysis, by Configuration,2023 - 2033

Figure 95: BRAZIL Market Value Share Analysis, by Heating Capacity, 2018,2023 & 2033

Figure 96: BRAZIL Market Attractiveness Analysis, by Heating Capacity,2023 - 2033

Figure 97: BRAZIL Market Value Share Analysis, by End Use Sector, 2018,2023 & 2033

Figure 98: BRAZIL Market Attractiveness Analysis, by End Use Sector,2023 - 2033

Figure 99: MEXICO Market Value Share Analysis, by Product Type, 2018,2023 & 2033

Figure 100: MEXICO Market Attractiveness Analysis, by Product Type,2023 - 2033

Figure 101: MEXICO Market Value Share Analysis, by Configuration, 2018,2023 & 2033

Figure 102: MEXICO Market Attractiveness Analysis, by Configuration,2023 - 2033

Figure 103: MEXICO Market Value Share Analysis, by Heating Capacity, 2018,2023 & 2033

Figure 104: MEXICO Market Attractiveness Analysis, by Heating Capacity,2023 - 2033

Figure 105: MEXICO Market Value Share Analysis, by End Use Sector, 2018,2023 & 2033

Figure 106: MEXICO Market Attractiveness Analysis, by End Use Sector,2023 – 2033

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- FAQs -

What is the value of the fired heaters market in 2023?

The global fired heaters market stands at US$ 1 billion in 2023.

What is the forecasted size of the market for fired heaters?

Sales of fired heaters are forecasted to reach US$ 1.8 billion by 2033.

What is the estimated CAGR for the market from 2023 to 2033?

Worldwide demand for fired heaters is set to increase at a CAGR of 6% through 2033.

Which product type accounts for a prominent market share?

Direct-fired heaters hold 70% share of the global market.

Who are the prominent suppliers of fired heaters?

AbsolutAire, Inc., Sigma Thermal, and Hetsco Inc. are key fired heater providers.

Fired Heaters Market

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