Product Code: ETC013261 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Qatar home heaters market is projected to grow at a CAGR of 4.6% during the forecast period (2025-2031). The demand for efficient and energy-efficient heating solutions in residential applications has been driving the growth of the Qatar home heaters market. Moreover, rising disposable incomes are some of the leading factors fueling the growth of the Qatar home heater market.
Some major drivers that are propelling the growth of this market include: increasing per capita income, growing urbanization, advancement in technology and government incentives & subsidies on energy saving products, improving living standards; increasing awareness about green buildings and renewable sources among others. In addition, availability of advanced features like remote control system with Wi-Fi connectivity to control temperature settings from anywhere is expected to further fuel demand for these systems.
High initial investment costs associated with purchasing and installation along with lack of product popularity among consumers pose as significant challenges for industry players operating in this space. Growing penetration for electric vehicles across countries including India could also affect sales over long term due to their effect on global electricity prices compared to other sources such as natural gas or oil fired boilers which may lead customers away from investing into expensive heating solutions such as those provided by air source heat pumps or ground source models which require much larger upfront investments than traditional options. Additionally, issues related to safety caused due to improper installation or maintenance can hamper growth prospects over next few years.
Some key players operating in this market include Haier Group Corporation, Mitsubishi Electric Corporation, Carrier Corporation, Bosch Thermotechnology Corp., Danfoss A/S, Trianco Limited (UK), Ferroli UK Ltd., Vaillant Group GmbH & Co KG, Honeywell International Inc., Emak SPA (Italy) amongst others. These companies have adopted various strategies such as mergers & acquisitions partnerships agreements etc., in order strengthen their presence globally within domestic markets.
The COVID-19 pandemic has had an adverse impact on most industry verticals including Home Heaters Market owing disruption both supply chains and customer demands. Although lockdown restrictions have eased off during later stages however overall production activities along with consumer sentiments continue remain low across majority regions worldwide leading manufacturers face decrease revenues. However on brighter side several governments have announced financial packages meant support SMEs helping them sustain.
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 Qatar Home Heaters Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Home Heaters Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Home Heaters Market - Industry Life Cycle |
3.4 Qatar Home Heaters Market - Porter's Five Forces |
3.5 Qatar Home Heaters Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Qatar Home Heaters Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Qatar Home Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Home Heaters Market Trends |
6 Qatar Home Heaters Market, By Types |
6.1 Qatar Home Heaters Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Qatar Home Heaters Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Qatar Home Heaters Market Revenues & Volume, By Central Heat Furnaces, 2021-2031F |
6.1.4 Qatar Home Heaters Market Revenues & Volume, By Boilers, 2021-2031F |
6.1.5 Qatar Home Heaters Market Revenues & Volume, By Heat Pumps, 2021-2031F |
6.1.6 Qatar Home Heaters Market Revenues & Volume, By Ductless Systems, 2021-2031F |
6.2 Qatar Home Heaters Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Qatar Home Heaters Market Revenues & Volume, By E-commerce, 2021-2031F |
6.2.3 Qatar Home Heaters Market Revenues & Volume, By Retail, 2021-2031F |
6.2.4 Qatar Home Heaters Market Revenues & Volume, By Others, 2021-2031F |
7 Qatar Home Heaters Market Import-Export Trade Statistics |
7.1 Qatar Home Heaters Market Export to Major Countries |
7.2 Qatar Home Heaters Market Imports from Major Countries |
8 Qatar Home Heaters Market Key Performance Indicators |
9 Qatar Home Heaters Market - Opportunity Assessment |
9.1 Qatar Home Heaters Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Qatar Home Heaters Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Qatar Home Heaters Market - Competitive Landscape |
10.1 Qatar Home Heaters Market Revenue Share, By Companies, 2024 |
10.2 Qatar Home Heaters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |