An oil furnaceworks in a very similar way to a gas boiler. The fuel, in this case oil, is ignited in the combustion chamber and a heat exchanger warms up cold water, either from the mains in a combi system or from a cold water tank in a conventional system. The heated water can be used in your radiators, taps and showers to provide your home with heating and hot water.
This report contains market size and forecasts of Oil Fired Furnace in global, including the following market information:
Global Oil Fired Furnace Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Oil Fired Furnace Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Oil Fired Furnace companies in 2021 (%)
The global Oil Fired Furnace market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Internal Condensing Oil Fired Furnace Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Oil Fired Furnace include Viessmann Group, SPX Corporation, Johnston Boiler, Worcester Bosch (BOSCH), KD Navien, BDR, Grant, Firebird and Qingdao Kainon Boiler, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Oil Fired Furnace manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Oil Fired Furnace Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Oil Fired Furnace Market Segment Percentages, by Type, 2021 (%)
Internal Condensing Oil Fired Furnace
External Condensing Oil Fired Furnace
Non Condensing Oil Fired Furnace
Global Oil Fired Furnace Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Oil Fired Furnace Market Segment Percentages, by Application, 2021 (%)
Residential
Commercial
Industrial
Global Oil Fired Furnace Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Oil Fired Furnace Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Oil Fired Furnace revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Oil Fired Furnace revenues share in global market, 2021 (%)
Key companies Oil Fired Furnace sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Oil Fired Furnace sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Viessmann Group
SPX Corporation
Johnston Boiler
Worcester Bosch (BOSCH)
KD Navien
BDR
Grant
Firebird
Qingdao Kainon Boiler
Kawasaki Heavy Industries
Suzhou Hailu Heavy Industry
Hurst Boiler & Welding