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Baseboard Heater is designed for use in residential, commercial, industrial, and institutional heating systems. Electric and hydronic are the two main types of baseboard heaters. Electric heaters are typically cheaper and more durable than hydronic units. They utilize a convection heating element to distribute heat.
Due to the COVID-19 pandemic, the global Baseboard Heater market size is estimated to be worth US$ 3774.7 million in 2021 and is forecast to a readjusted size of US$ 4107.6 million by 2028 with a CAGR of 1.2% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Baseboard Heater market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Baseboard Heater landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
North America ranks the first in terms of production volume of Baseboard Heater, consists of 48% the global market. Europe and China comes the second and the third places, consist of 37% and 6% of the global market.
Glen Dimplex ranks the first in terms of production volume, occupies 13% of the global Baseboard Heater market. While, Marley Engineered Products, with a market share of 9%, comes the second.
This report focuses on Baseboard Heater volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Baseboard Heater market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China, Japan and Australia, etc.
Global Baseboard Heater Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Electric
Hydronic
Segment by Application
Residential
Commercial
Industrial
Institutional
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Glen Dimplex
Marley Engineered Products
Slantfin
King
Stelpro
Ouellet
ASPEQ
Mestek
Comfort Zone
Due to the COVID-19 pandemic, the global Baseboard Heater market size is estimated to be worth US$ 3774.7 million in 2021 and is forecast to a readjusted size of US$ 4107.6 million by 2028 with a CAGR of 1.2% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Baseboard Heater market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Baseboard Heater landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
North America ranks the first in terms of production volume of Baseboard Heater, consists of 48% the global market. Europe and China comes the second and the third places, consist of 37% and 6% of the global market.
Glen Dimplex ranks the first in terms of production volume, occupies 13% of the global Baseboard Heater market. While, Marley Engineered Products, with a market share of 9%, comes the second.
This report focuses on Baseboard Heater volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Baseboard Heater market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China, Japan and Australia, etc.
Global Baseboard Heater Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Electric
Hydronic
Segment by Application
Residential
Commercial
Industrial
Institutional
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Glen Dimplex
Marley Engineered Products
Slantfin
King
Stelpro
Ouellet
ASPEQ
Mestek
Comfort Zone
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
