The Global Heat Interface Unit Market accounted for USD 342.7 million in 2017 and is projected to grow at a CAGR of 8.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Heat Interface Unit Market
Heat interface units are the methods for securely utilizing DHW frameworks and incorporated plant based heating and controlling the yield in various dwellings. It transfer the heat into home’s central heating system from the community heating network and makes it instantly accessible whenever required.
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Major Market Drivers:
- Introduction of the internet of things (IoT) enabled heat interface units
- Rising adoption of district heating solutions in commercial buildings, apartments and industrial plant
- Growth in the number of smart homes
- Origination of regulatory and legislative frameworks for adoption in the residential application.
Market Restraint:
- High initial cost due to disposition of district heating solutions
- Supplementary expenses incurred due to retrofitting of existing systems
Market Segmentation: Global Heat Interface Unit Market
- On the basis of product type, the global heat interface unit market is segmented into direct heat interface unit and indirect heat interface unit.
- On the basis of source, the global heat interface unit market is segmented into district heating and community heating.
- On the basis of component, the global heat interface unit market is segmented into pumps, heat exchangers, controllers, sensors and valves.
- On the basis of application, the global heat interface unit market is segmented into industrial, commercial and residential.
- On the basis of geography, the global heat interface unit market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Competitive Landscape: Global Heat Interface Unit Market
The global heat interface unit market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors: Global Heat Interface Unit Market
Some of the major players in global heat interface unit market are Kingspan, Honeywell Corporation, Dutypoint lTD, Danfoss, AWI Licensing LLC and AFI Licensing LLC, Bosch, Giacomini, Alfa Laval, Docherty¸ Caleffi s.P.A. Elson, Essco Controls, Elco Heating Solutions, Elco Heating Solutions, Kvm-Conheat, Comap International, Johnson & Starley Ltd, Emmeti and Heatrae Sadia among others.
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