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.

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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.

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.

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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.

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.

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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.

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
  • 2. Market Overview
  • 3. Key Market Trends
  • 4. Market Background
  • 5. Global Market Analysis & Forecast
  • 6. Global Market - Pricing Analysis
  • 7. Global Market Demand (US$ Mn) Analysis 2018 to 2022 and Forecast, 2023 to 2033
  • 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Product Type
    • 8.1. Direct-fired heaters
      • 8.1.1. Reformer
      • 8.1.2. Hydrocracker
      • 8.1.3. Gas Oil Hydrotreater
      • 8.1.4. Crude Distillation
      • 8.1.5. Vacuum Distillation
      • 8.1.6. Others
    • 8.2. Indirect fired heaters
  • 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Configuration
    • 9.1. Vertical cylindrical
    • 9.2. Horizontal cylindrical
    • 9.3. Cabin type
  • 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Heating Capacity
    • 10.1. Upto 10 MMBtu/hr
    • 10.2. 11-50 MMBtu/hr
    • 10.3. Above 50 MMBtu/hr
  • 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by End-Use Sector
    • 11.1. Chemical
    • 11.2. Petrochemical
  • 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
    • 12.1. North America
    • 12.2. Latin America
    • 12.3. Europe
    • 12.4. East Asia
    • 12.5. South Asia
    • 12.6. Oceania
    • 12.7. Middle East & Africa (MEA)
  • 13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 15. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 17. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 18. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 19. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 20. India Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 21. Brazil Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 22. Competition Analysis
    • 22.1. Shelter and Brink Ltd.
    • 22.2. Boustead International Heaters
    • 22.3. Exotherm Corporation
    • 22.4. Aggreko plc
    • 22.5. John Wood Group PLC
    • 22.6. UnitBirwelco
    • 22.7. Thermax Limited
    • 22.8. Esteem Projects Pvt. Ltd.
    • 22.9. Sigma Thermal
    • 22.10. Optimized Process Furnaces, INC.
    • 22.11. The Linde Group
    • 22.12. G.C. Broach
    • 22.13. Struthers Wells
    • 22.14. Scelerin
  • 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 to 2033

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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List Of Figures

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Know thy Competitors

Competitive landscape highlights only certain players
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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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