Rising Interest in Implementing Environmentally-friendly Buildings to Boost the Baseboard Heater Market


Posted March 12, 2019 by dmTMR1

Based on type, the baseboard heater market can be segmented into electric base board heaters and hot water baseboard heaters.

 
Transparency Market Research in its new report titled, “Baseboard Heater Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the baseboard heater market. The TMR report anticipates that the rising interest in implementing environmentally-friendly buildings will drive the baseboard heater market during the forecast period i.e, 2018-2026.

The TMR report has segregated the baseboard heater market in terms of type into electric base board heaters and hot water baseboard heaters. Electric baseboard heaters custom electric resistance to provide heating cables in the heating unit for heating the air, pushing it out of the unit. Simultaneously, the cooler air enters through the bottom of the unit to be warmed. In hot water baseboard heating, a boiler heats the flowing water and directs it to the pipes from heater to the other heater. Each unit takes a minor quantity of heat from the water and directs it on to the next heater. Less heat is transferred at end points in hot water baseboard heater. This is a disadvantage of the hot water baseboard type of heaters. Hot water creates a need of fire hazard measures before application, and requires unrestricted airflow to run the systems efficiently.

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On a regional perspective, the global baseboard heater market is classified into North America, Latin America, Europe, Middle East & Africa, and Asia Pacific. Among these, North America and Asia Pacific are anticipated to hold majority of the global baseboard heater market share during the forecast period. Increase in demand for new environment controlled buildings is providing lucrative opportunities for the baseboard heater market. Additionally, rise in demand for electricity, increase in usage of energy generation, and growth in need of advanced residential complexes are propelling the demand for baseboard heaters market. Europe, followed by North America, holds major share of the global baseboard heater market in terms of value. Europe and the North America together constitute more than 50% of the total market share. The baseboard heater market in Middle East & Africa, followed by that in Asia Pacific, is slated to witness significant growth during the forecast period.

A few countries in Western and Eastern Europe are inclined toward implementation of environmentally-friendly buildings. This is projected to augment the demand for baseboard heaters in the next few years. Thus, developing and developed nations are expected to gain significant share of the market in the next few years. Additionally, sales of baseboard heaters in Asia Pacific and Middle East & Africa are projected to increase significantly in the near future. Key players operating in the global baseboard heater market are A&S Electric Supply, Heatrex, Emersonwan, Berko, Chromalox, Warmup, Solaria, and Environmental Technologies Inc.

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Issued By Transparency Market Research
Phone +1-518-618-1030
Business Address 90 State Street, Suite 700 Albany, NY 12207
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Categories Business , Industry , Manufacturing
Tags baseboard heater market analysis , baseboard heater market forecast , baseboard heater market share , baseboard heater market size , baseboard heater market trends
Last Updated March 12, 2019