Us Infrared Heating Panel Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Infrared Heating Panel Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 6.8 Billion by 2030, growing at a CAGR of 8.8% from 2024 to 2030.
The US Infrared Heating Panel Market has been experiencing significant growth as more homeowners and businesses seek energy-efficient solutions for heating. These heating panels work by emitting infrared radiation, which directly heats objects and people in a room, providing a more efficient and comfortable heating experience compared to traditional convection heating methods.
One of the key drivers of this market is the increasing demand for sustainable and cost-effective heating systems. With energy prices on the rise, many consumers are looking for ways to reduce their energy consumption and carbon footprint. Infrared heating panels offer an ideal solution, as they are designed to use less energy while providing consistent warmth. The technology behind infrared panels allows them to heat spaces quickly, reducing the time required to reach the desired temperature.
In addition to energy efficiency, infrared heating panels also offer health benefits. Unlike conventional heating systems that can circulate dust and allergens through the air, infrared panels do not rely on air movement, making them an excellent choice for individuals with respiratory issues or allergies. This feature is becoming increasingly appealing, especially as indoor air quality becomes a growing concern.
Market experts predict continued growth in the adoption of infrared heating panels in the US, particularly in residential applications. As the construction industry places greater emphasis on energy-efficient and sustainable building designs, the demand for these heating solutions is expected to rise further.
Incorporating advanced technologies like smart thermostats and remote control options also enhances the appeal of these panels. As a result, both new home constructions and retrofitting projects are expected to drive market expansion.
While comparing this market to the 100 Gigabit Fiber Optic Transceiver Market, it is evident that both sectors are driven by technological advancements and consumer demand for efficiency and innovation.
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Wexstar
Rinnai Corporation
Nobo
Noirot
De'Longhi
GlenDimplex
Dantherm Group
ETHERMA
Infrapower Panels
Mirrorstone
Ducoterra
Ecostrad
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Infrared Heating Panel Market
Ceiling-mounted Panels
Wall-mounted Panels
Floor-mounted Panels
Portable Panels
Residential Heating
Commercial Heating
Industrial Heating
Carbon Infrared Heating Panels
Quartz Infrared Heating Panels
Ceramic Infrared Heating Panels
Online Sales
Retail Outlets
Wholesale Distribution
Residential Users
Commercial Entities
Industrial Consumers
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Infrared Heating Panel Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Infrared Heating Panel Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Infrared Heating Panel Market, By Type
6. Global Infrared Heating Panel Market, By Application
7. Global Infrared Heating Panel Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Infrared Heating Panel Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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