| Product Code: ETC4950935 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Brunei continued to rely on imports of heating equipment, with Malaysia, USA, Singapore, China, and Thailand emerging as key exporting countries. The market concentration, as measured by the HHI, intensified from high to very high in just one year. The industry experienced a significant decline in both the CAGR (2020-24) and the growth rate (2023-24), reflecting challenging market conditions. This trend highlights the importance of monitoring and adapting to changing dynamics in the heating equipment sector for stakeholders in Brunei.

By 2027, the Heating Equipment market in Brunei Darussalam is anticipated to reach a growth rate of 1.22%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Brunei Heating Equipment Market Overview |
3.1 Brunei Country Macro Economic Indicators |
3.2 Brunei Heating Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Brunei Heating Equipment Market - Industry Life Cycle |
3.4 Brunei Heating Equipment Market - Porter's Five Forces |
3.5 Brunei Heating Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Brunei Heating Equipment Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Brunei Heating Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Brunei Heating Equipment Market Trends |
6 Brunei Heating Equipment Market Segmentations |
6.1 Brunei Heating Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Brunei Heating Equipment Market Revenues & Volume, By Heat Pumps, 2021-2031F |
6.1.3 Brunei Heating Equipment Market Revenues & Volume, By Furnaces, 2021-2031F |
6.1.4 Brunei Heating Equipment Market Revenues & Volume, By Boilers, 2021-2031F |
6.1.5 Brunei Heating Equipment Market Revenues & Volume, By Unitary Heaters, 2021-2031F |
6.1.6 Brunei Heating Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 Brunei Heating Equipment Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Brunei Heating Equipment Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Brunei Heating Equipment Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Brunei Heating Equipment Market Revenues & Volume, By Industrial, 2021-2031F |
7 Brunei Heating Equipment Market Import-Export Trade Statistics |
7.1 Brunei Heating Equipment Market Export to Major Countries |
7.2 Brunei Heating Equipment Market Imports from Major Countries |
8 Brunei Heating Equipment Market Key Performance Indicators |
9 Brunei Heating Equipment Market - Opportunity Assessment |
9.1 Brunei Heating Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Brunei Heating Equipment Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Brunei Heating Equipment Market - Competitive Landscape |
10.1 Brunei Heating Equipment Market Revenue Share, By Companies, 2024 |
10.2 Brunei Heating Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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