| Product Code: ETC021981 | Publication Date: Oct 2020 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The United States saw a significant shift in heating equipment import trends in 2024, with top exporters including Canada, Mexico, Malaysia, Vietnam, and China. The market moved from high concentration in 2023 to low concentration in 2024, indicating a more diversified sourcing strategy. However, the industry experienced a steep decline with a CAGR of -26.37% from 2020 to 2024, with a particularly sharp drop in growth rate of -69.21% from 2023 to 2024. These numbers suggest a challenging landscape for heating equipment imports in the US market, prompting a potential need for strategic adjustments by industry players.

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 United States (US) Heating Equipment Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Heating Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Heating Equipment Market - Industry Life Cycle |
3.4 United States (US) Heating Equipment Market - Porter's Five Forces |
3.5 United States (US) Heating Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 United States (US) Heating Equipment Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 United States (US) Heating Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient heating solutions due to rising environmental concerns |
4.2.2 Growth in residential construction activities driving the demand for heating equipment |
4.2.3 Technological advancements leading to the development of smart and connected heating systems |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting manufacturing costs |
4.3.2 Stringent government regulations related to energy efficiency and emissions control |
4.3.3 Economic downturn affecting consumer spending on heating equipment |
5 United States (US) Heating Equipment Market Trends |
6 United States (US) Heating Equipment Market, By Types |
6.1 United States (US) Heating Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Heating Equipment Market Revenues & Volume, By Product, 2021 - 2031F |
6.1.3 United States (US) Heating Equipment Market Revenues & Volume, By Heat Pumps, 2021 - 2031F |
6.1.4 United States (US) Heating Equipment Market Revenues & Volume, By Furnaces, 2021 - 2031F |
6.1.5 United States (US) Heating Equipment Market Revenues & Volume, By Boilers, 2021 - 2031F |
6.1.6 United States (US) Heating Equipment Market Revenues & Volume, By Unitary Heaters, 2021 - 2031F |
6.1.7 United States (US) Heating Equipment Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 United States (US) Heating Equipment Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Heating Equipment Market Revenues & Volume, By Residential, 2021 - 2031F |
6.2.3 United States (US) Heating Equipment Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.2.4 United States (US) Heating Equipment Market Revenues & Volume, By Industrial, 2021 - 2031F |
7 United States (US) Heating Equipment Market Import-Export Trade Statistics |
7.1 United States (US) Heating Equipment Market Export to Major Countries |
7.2 United States (US) Heating Equipment Market Imports from Major Countries |
8 United States (US) Heating Equipment Market Key Performance Indicators |
8.1 Energy efficiency ratings of heating equipment adopted in the market |
8.2 Adoption rate of smart heating systems in residential and commercial buildings |
8.3 Number of new building permits issued, indicating potential growth in demand for heating equipment |
9 United States (US) Heating Equipment Market - Opportunity Assessment |
9.1 United States (US) Heating Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 United States (US) Heating Equipment Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 United States (US) Heating Equipment Market - Competitive Landscape |
10.1 United States (US) Heating Equipment Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Heating Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |