| Product Code: ETC4951013 | Publication Date: Nov 2023 | Updated Date: Nov 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, North Macedonia continued to rely heavily on imports of heating equipment, with top suppliers being Serbia, Albania, Bosnia Herzegovina, Bulgaria, and Poland. Despite high market concentration, the sector experienced a significant decline with a negative CAGR of -16.0% from 2020 to 2024. The growth rate in 2024 plummeted by -32.52%, reflecting challenges in the market. As North Macedonia seeks to address its heating equipment needs, diversifying import sources and implementing strategies to stimulate growth will be crucial in the coming years.

By 2027, North Macedonia's Heating Equipment market is forecasted to achieve a growing growth rate of 8.08%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Republic of Macedonia Heating Equipment Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Heating Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Heating Equipment Market - Industry Life Cycle |
3.4 Republic of Macedonia Heating Equipment Market - Porter's Five Forces |
3.5 Republic of Macedonia Heating Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Republic of Macedonia Heating Equipment Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Republic of Macedonia Heating Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Republic of Macedonia Heating Equipment Market Trends |
6 Republic of Macedonia Heating Equipment Market Segmentations |
6.1 Republic of Macedonia Heating Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Heating Equipment Market Revenues & Volume, By Heat Pumps, 2021-2031F |
6.1.3 Republic of Macedonia Heating Equipment Market Revenues & Volume, By Furnaces, 2021-2031F |
6.1.4 Republic of Macedonia Heating Equipment Market Revenues & Volume, By Boilers, 2021-2031F |
6.1.5 Republic of Macedonia Heating Equipment Market Revenues & Volume, By Unitary Heaters, 2021-2031F |
6.1.6 Republic of Macedonia Heating Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 Republic of Macedonia Heating Equipment Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Heating Equipment Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Republic of Macedonia Heating Equipment Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Republic of Macedonia Heating Equipment Market Revenues & Volume, By Industrial, 2021-2031F |
7 Republic of Macedonia Heating Equipment Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Heating Equipment Market Export to Major Countries |
7.2 Republic of Macedonia Heating Equipment Market Imports from Major Countries |
8 Republic of Macedonia Heating Equipment Market Key Performance Indicators |
9 Republic of Macedonia Heating Equipment Market - Opportunity Assessment |
9.1 Republic of Macedonia Heating Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Republic of Macedonia Heating Equipment Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Republic of Macedonia Heating Equipment Market - Competitive Landscape |
10.1 Republic of Macedonia Heating Equipment Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Heating Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |