The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Residential Furnace Market Research Report 2024
Synopsis
A furnace is a device used for high-temperature heating. The name derives from Latin word fornax, which means oven. The heat energy to fuel a furnace may be supplied directly by fuel combustion, by electricity such as the electric arc furnace, or through induction heating in induction furnaces.
The global Residential Furnace market was valued at US$ 107720 million in 2023 and is anticipated to reach US$ 156170 million by 2030, witnessing a CAGR of 5.0% during the forecast period 2024-2030.
North American market for Residential Furnace is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Residential Furnace is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Residential Furnace include Maytag (Whirlpool), York (Johnson Controls), Carrier, Lennox, Daikin, Luxaire, Boyertown Furnace, American Standard and Rheem Manufacturing, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Residential Furnace, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Residential Furnace.
Report Scope
The Residential Furnace market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Residential Furnace market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Residential Furnace manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Maytag (Whirlpool)
York (Johnson Controls)
Carrier
Lennox
Daikin
Luxaire
Boyertown Furnace
American Standard
Rheem Manufacturing
Goodman Manufacturing Company
Segment by Type
Gas Furnace
Oil Furnace
Electric Furnace
Wood Furnace
Hybrid Furnace
Segment by Application
Single Family
Multifamily
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Residential Furnace manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Residential Furnace by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Residential Furnace in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
A furnace is a device used for high-temperature heating. The name derives from Latin word fornax, which means oven. The heat energy to fuel a furnace may be supplied directly by fuel combustion, by electricity such as the electric arc furnace, or through induction heating in induction furnaces.
The global Residential Furnace market was valued at US$ 107720 million in 2023 and is anticipated to reach US$ 156170 million by 2030, witnessing a CAGR of 5.0% during the forecast period 2024-2030.
North American market for Residential Furnace is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Residential Furnace is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Residential Furnace include Maytag (Whirlpool), York (Johnson Controls), Carrier, Lennox, Daikin, Luxaire, Boyertown Furnace, American Standard and Rheem Manufacturing, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Residential Furnace, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Residential Furnace.
Report Scope
The Residential Furnace market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Residential Furnace market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Residential Furnace manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Maytag (Whirlpool)
York (Johnson Controls)
Carrier
Lennox
Daikin
Luxaire
Boyertown Furnace
American Standard
Rheem Manufacturing
Goodman Manufacturing Company
Segment by Type
Gas Furnace
Oil Furnace
Electric Furnace
Wood Furnace
Hybrid Furnace
Segment by Application
Single Family
Multifamily
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Residential Furnace manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Residential Furnace by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Residential Furnace in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Residential Furnace Market Overview
1.1 Product Definition
1.2 Residential Furnace Segment by Type
1.2.1 Global Residential Furnace Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Gas Furnace
1.2.3 Oil Furnace
1.2.4 Electric Furnace
1.2.5 Wood Furnace
1.2.6 Hybrid Furnace
1.3 Residential Furnace Segment by Application
1.3.1 Global Residential Furnace Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Single Family
1.3.3 Multifamily
1.4 Global Market Growth Prospects
1.4.1 Global Residential Furnace Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Residential Furnace Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Residential Furnace Production Estimates and Forecasts (2019-2030)
1.4.4 Global Residential Furnace Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Residential Furnace Production Market Share by Manufacturers (2019-2024)
2.2 Global Residential Furnace Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Residential Furnace, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Residential Furnace Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Residential Furnace Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Residential Furnace, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Residential Furnace, Product Offered and Application
2.8 Global Key Manufacturers of Residential Furnace, Date of Enter into This Industry
2.9 Residential Furnace Market Competitive Situation and Trends
2.9.1 Residential Furnace Market Concentration Rate
2.9.2 Global 5 and 10 Largest Residential Furnace Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Residential Furnace Production by Region
3.1 Global Residential Furnace Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Residential Furnace Production Value by Region (2019-2030)
3.2.1 Global Residential Furnace Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Residential Furnace by Region (2025-2030)
3.3 Global Residential Furnace Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Residential Furnace Production by Region (2019-2030)
3.4.1 Global Residential Furnace Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Residential Furnace by Region (2025-2030)
3.5 Global Residential Furnace Market Price Analysis by Region (2019-2024)
3.6 Global Residential Furnace Production and Value, Year-over-Year Growth
3.6.1 North America Residential Furnace Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Residential Furnace Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Residential Furnace Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Residential Furnace Production Value Estimates and Forecasts (2019-2030)
4 Residential Furnace Consumption by Region
4.1 Global Residential Furnace Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Residential Furnace Consumption by Region (2019-2030)
4.2.1 Global Residential Furnace Consumption by Region (2019-2024)
4.2.2 Global Residential Furnace Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Residential Furnace Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Residential Furnace Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Residential Furnace Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Residential Furnace Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Residential Furnace Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Residential Furnace Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Residential Furnace Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Residential Furnace Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Residential Furnace Production by Type (2019-2030)
5.1.1 Global Residential Furnace Production by Type (2019-2024)
5.1.2 Global Residential Furnace Production by Type (2025-2030)
5.1.3 Global Residential Furnace Production Market Share by Type (2019-2030)
5.2 Global Residential Furnace Production Value by Type (2019-2030)
5.2.1 Global Residential Furnace Production Value by Type (2019-2024)
5.2.2 Global Residential Furnace Production Value by Type (2025-2030)
5.2.3 Global Residential Furnace Production Value Market Share by Type (2019-2030)
5.3 Global Residential Furnace Price by Type (2019-2030)
6 Segment by Application
6.1 Global Residential Furnace Production by Application (2019-2030)
6.1.1 Global Residential Furnace Production by Application (2019-2024)
6.1.2 Global Residential Furnace Production by Application (2025-2030)
6.1.3 Global Residential Furnace Production Market Share by Application (2019-2030)
6.2 Global Residential Furnace Production Value by Application (2019-2030)
6.2.1 Global Residential Furnace Production Value by Application (2019-2024)
6.2.2 Global Residential Furnace Production Value by Application (2025-2030)
6.2.3 Global Residential Furnace Production Value Market Share by Application (2019-2030)
6.3 Global Residential Furnace Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Maytag (Whirlpool)
7.1.1 Maytag (Whirlpool) Residential Furnace Corporation Information
7.1.2 Maytag (Whirlpool) Residential Furnace Product Portfolio
7.1.3 Maytag (Whirlpool) Residential Furnace Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Maytag (Whirlpool) Main Business and Markets Served
7.1.5 Maytag (Whirlpool) Recent Developments/Updates
7.2 York (Johnson Controls)
7.2.1 York (Johnson Controls) Residential Furnace Corporation Information
7.2.2 York (Johnson Controls) Residential Furnace Product Portfolio
7.2.3 York (Johnson Controls) Residential Furnace Production, Value, Price and Gross Margin (2019-2024)
7.2.4 York (Johnson Controls) Main Business and Markets Served
7.2.5 York (Johnson Controls) Recent Developments/Updates
7.3 Carrier
7.3.1 Carrier Residential Furnace Corporation Information
7.3.2 Carrier Residential Furnace Product Portfolio
7.3.3 Carrier Residential Furnace Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Carrier Main Business and Markets Served
7.3.5 Carrier Recent Developments/Updates
7.4 Lennox
7.4.1 Lennox Residential Furnace Corporation Information
7.4.2 Lennox Residential Furnace Product Portfolio
7.4.3 Lennox Residential Furnace Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Lennox Main Business and Markets Served
7.4.5 Lennox Recent Developments/Updates
7.5 Daikin
7.5.1 Daikin Residential Furnace Corporation Information
7.5.2 Daikin Residential Furnace Product Portfolio
7.5.3 Daikin Residential Furnace Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Daikin Main Business and Markets Served
7.5.5 Daikin Recent Developments/Updates
7.6 Luxaire
7.6.1 Luxaire Residential Furnace Corporation Information
7.6.2 Luxaire Residential Furnace Product Portfolio
7.6.3 Luxaire Residential Furnace Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Luxaire Main Business and Markets Served
7.6.5 Luxaire Recent Developments/Updates
7.7 Boyertown Furnace
7.7.1 Boyertown Furnace Residential Furnace Corporation Information
7.7.2 Boyertown Furnace Residential Furnace Product Portfolio
7.7.3 Boyertown Furnace Residential Furnace Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Boyertown Furnace Main Business and Markets Served
7.7.5 Boyertown Furnace Recent Developments/Updates
7.8 American Standard
7.8.1 American Standard Residential Furnace Corporation Information
7.8.2 American Standard Residential Furnace Product Portfolio
7.8.3 American Standard Residential Furnace Production, Value, Price and Gross Margin (2019-2024)
7.8.4 American Standard Main Business and Markets Served
7.7.5 American Standard Recent Developments/Updates
7.9 Rheem Manufacturing
7.9.1 Rheem Manufacturing Residential Furnace Corporation Information
7.9.2 Rheem Manufacturing Residential Furnace Product Portfolio
7.9.3 Rheem Manufacturing Residential Furnace Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Rheem Manufacturing Main Business and Markets Served
7.9.5 Rheem Manufacturing Recent Developments/Updates
7.10 Goodman Manufacturing Company
7.10.1 Goodman Manufacturing Company Residential Furnace Corporation Information
7.10.2 Goodman Manufacturing Company Residential Furnace Product Portfolio
7.10.3 Goodman Manufacturing Company Residential Furnace Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Goodman Manufacturing Company Main Business and Markets Served
7.10.5 Goodman Manufacturing Company Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Residential Furnace Industry Chain Analysis
8.2 Residential Furnace Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Residential Furnace Production Mode & Process
8.4 Residential Furnace Sales and Marketing
8.4.1 Residential Furnace Sales Channels
8.4.2 Residential Furnace Distributors
8.5 Residential Furnace Customers
9 Residential Furnace Market Dynamics
9.1 Residential Furnace Industry Trends
9.2 Residential Furnace Market Drivers
9.3 Residential Furnace Market Challenges
9.4 Residential Furnace Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Industrial Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
