The global residential furnace market is estimated to grow at a CAGR of nearly 6.8% during the forecast period. Increasing demand for indoor heating solutions and a significant rise in residential construction activities across the globe. As per the US Census Bureau, in the US, in February 2020, building permits for privately?owned residential units were 1,464,000, which is 13.8% more than the rate of 1,287,000 February 2019. The demand for residential construction is also increasing in emerging countries, including India and China owing to the rapid urbanization and significant population base in these countries. The growing residential construction is encouraging the adoption of heating and cooling equipment to reduce the level of energy consumption.
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The market study of the Global Residential Furnace market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various Global segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various Global regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the ind Global try and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and ind Global try experts. Primary research brings authenticity to our reports.
Secondary Sources Include
Financial reports of companies involved in the market.
White papers, research-papers, and news blogs.
Company websites and their product catalog.
The report is intended for Residential Furnace software, service and devices manufacturers, and other related companies for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
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Company Profiles
Boyertown Furnace
Bryant Heating & Cooling Systems
Carrier Global Corp.
Daikin Industries, Ltd.
Dettson Industries Inc.
Fujitsu General Ltd.
Ingersoll Rand, Inc.
International Comfort Products LLC (ICP)
Johnson Controls, Inc.
Lennox International Inc.
Mr Furnace
MRCOOL LLC
Nortek Global HVAC LLC
R.E. Michel Co., Inc.
Rheem Manufacturing Co.
WaterFurnace Renewable Energy, Inc.
Whirlpool Corp.
Market- Segmentation
Global Residential Furnace Market by Product
Gas Furnace
Electric Furnace
Oil Furnace
Wood Furnace
Hybrid Furnace
Global Residential Furnace Market by Application
Single Family
Multi Family
Market- Segmentation
By Region
North America
United States
France
Europe
Global Residential Furnace Market
United Kingdom
France
Spain
Italy
Rest of Europe
France
France
Japan
Global Residential Furnace Market
Rest of France
Rest of the World
Middle East & Africa
Latin America
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We cover more than 15 major ind Global Residential Furnace Market tries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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