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.
Market Analysis and Insights: Global Baseboard Heater Market
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$ 3774.7 million by 2028 with a CAGR of 1.2% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Baseboard Heater global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast 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.
Global Baseboard Heater Scope and Market Size
The global Baseboard Heater market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Baseboard Heater market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Electric
Hydronic
Segment by Application
Residential
Commercial
Industrial
Institutional
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Glen Dimplex
Marley Engineered Products
Slantfin
King
Stelpro
Ouellet
ASPEQ
Mestek
Comfort Zone