Heating Equipment Market Overview in the USA
In value terms, heating equipment production amounted to $ in 2019. In general, production saw a mild decline. The most prominent rate of growth was recorded in 2014 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From 2015 to 2019, production growth remained at a lower figure.
The revenue of the heating equipment market in the U.S. reached $ in 2019, with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.