Global Residential Furnace Market Overview And Scope:
Global Residential Furnace Market Size was estimated at USD 113284.33 million in 2022 and is projected to reach USD 152246.11 million by 2028, exhibiting a CAGR of 5.05% during the forecast period.
The Global Residential Furnace Market Report 2025 provides comprehensive analysis of market development components, patterns, flows, and sizes. This research study of Residential Furnace utilized both primary and secondary data sources to calculate present and past market values to forecast potential market management for the forecast period between 2025 and 2032. It includes the study of a wide range of industry parameters, including government policies, market environments, competitive landscape, historical data, current market trends, technological innovations, upcoming technologies, and technological progress within related industries. Additionally, the report provides an in-depth analysis of the value chain and supply chain to demonstrate how value is added at every stage in the product lifecycle. The study incorporates market dynamics such as drivers, restraints/challenges, trends, and their impact on the market.
Top Key Players Mentioned Are: Maytag (Whirlpool), York (Johnson Controls), Carrier, Lennox, Daikin, Luxaire, Boyertown Furnace, American Standard, Rheem Manufacturing, Goodman Manufacturing Company
Global Residential Furnace Market Segmentation
By Type, Residential Furnace market has been segmented into:Gas Furnace
Oil Furnace
Electric Furnace
Wood Furnace
Hybrid Furnace
By Application, Residential Furnace market has been segmented into:
Single Family
Multifamily
Regional Analysis:
North America (U.S., Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
South America (Brazil, Argentina, Rest of SA)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
Competitive Landscape:
Competitive analysis is the study of strength and weakness, market investment, market share, market sales volume, market trends of major players in the market.The Residential Furnace market study focused on including all the primary level, secondary level and tertiary level competitors in the report. The data generated by conducting the primary and secondary research.The report covers detail analysis of driver, constraints and scope for new players entering the Residential Furnace market.
Top Key Players Covered in Residential Furnace market are:
Maytag (Whirlpool)
York (Johnson Controls)
Carrier
Lennox
Daikin
Luxaire
Boyertown Furnace
American Standard
Rheem Manufacturing
Goodman Manufacturing Company
Objective to buy this Report:
1. Residential Furnace analysis predicts the representation of this market, supply and demand, capacity, detailed investigations, etc.
2. Even the report, along with the international series, conducts an in-depth study of rules, policies and current policy.
3. In addition, additional factors are mentioned: imports, arrangement of commodity prices for the market, supply and demand of industry products, major manufacturers.
4. The report starts with Residential Furnace market statistics and moves to important points, with dependent markets categorized by market trend by application.
5. Applications of market may also be assessed based on their performances.
6. Other market attributes, such as future aspects, limitations and growth for all departments.
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Residential Furnace Market by Type
5.1 Residential Furnace Market Overview Snapshot and Growth Engine
5.2 Residential Furnace Market Overview
5.3 Gas Furnace
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Gas Furnace: Geographic Segmentation
5.4 Oil Furnace
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Oil Furnace: Geographic Segmentation
5.5 Electric Furnace
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Electric Furnace: Geographic Segmentation
5.6 Wood Furnace
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Wood Furnace: Geographic Segmentation
5.7 Hybrid Furnace
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size (2017-2032F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Hybrid Furnace: Geographic Segmentation
Chapter 6: Residential Furnace Market by Application
6.1 Residential Furnace Market Overview Snapshot and Growth Engine
6.2 Residential Furnace Market Overview
6.3 Single Family
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Single Family: Geographic Segmentation
6.4 Multifamily
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Multifamily: Geographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Residential Furnace Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Residential Furnace Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Residential Furnace Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 MAYTAG (WHIRLPOOL)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 YORK (JOHNSON CONTROLS)
7.4 CARRIER
7.5 LENNOX
7.6 DAIKIN
7.7 LUXAIRE
7.8 BOYERTOWN FURNACE
7.9 AMERICAN STANDARD
7.10 RHEEM MANUFACTURING
7.11 GOODMAN MANUFACTURING COMPANY
Chapter 8: Global Residential Furnace Market Analysis, Insights and Forecast, 2017-2032
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Type
8.2.1 Gas Furnace
8.2.2 Oil Furnace
8.2.3 Electric Furnace
8.2.4 Wood Furnace
8.2.5 Hybrid Furnace
8.3 Historic and Forecasted Market Size By Application
8.3.1 Single Family
8.3.2 Multifamily
Chapter 9: North America Residential Furnace Market Analysis, Insights and Forecast, 2017-2032
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Type
9.4.1 Gas Furnace
9.4.2 Oil Furnace
9.4.3 Electric Furnace
9.4.4 Wood Furnace
9.4.5 Hybrid Furnace
9.5 Historic and Forecasted Market Size By Application
9.5.1 Single Family
9.5.2 Multifamily
9.6 Historic and Forecast Market Size by Country
9.6.1 US
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Eastern Europe Residential Furnace Market Analysis, Insights and Forecast, 2017-2032
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Type
10.4.1 Gas Furnace
10.4.2 Oil Furnace
10.4.3 Electric Furnace
10.4.4 Wood Furnace
10.4.5 Hybrid Furnace
10.5 Historic and Forecasted Market Size By Application
10.5.1 Single Family
10.5.2 Multifamily
10.6 Historic and Forecast Market Size by Country
10.6.1 Bulgaria
10.6.2 The Czech Republic
10.6.3 Hungary
10.6.4 Poland
10.6.5 Romania
10.6.6 Rest of Eastern Europe
Chapter 11: Western Europe Residential Furnace Market Analysis, Insights and Forecast, 2017-2032
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Gas Furnace
11.4.2 Oil Furnace
11.4.3 Electric Furnace
11.4.4 Wood Furnace
11.4.5 Hybrid Furnace
11.5 Historic and Forecasted Market Size By Application
11.5.1 Single Family
11.5.2 Multifamily
11.6 Historic and Forecast Market Size by Country
11.6.1 Germany
11.6.2 UK
11.6.3 France
11.6.4 Netherlands
11.6.5 Italy
11.6.6 Russia
11.6.7 Spain
11.6.8 Rest of Western Europe
Chapter 12: Asia Pacific Residential Furnace Market Analysis, Insights and Forecast, 2017-2032
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Gas Furnace
12.4.2 Oil Furnace
12.4.3 Electric Furnace
12.4.4 Wood Furnace
12.4.5 Hybrid Furnace
12.5 Historic and Forecasted Market Size By Application
12.5.1 Single Family
12.5.2 Multifamily
12.6 Historic and Forecast Market Size by Country
12.6.1 China
12.6.2 India
12.6.3 Japan
12.6.4 South Korea
12.6.5 Malaysia
12.6.6 Thailand
12.6.7 Vietnam
12.6.8 The Philippines
12.6.9 Australia
12.6.10 New Zealand
12.6.11 Rest of APAC
Chapter 13: Middle East & Africa Residential Furnace Market Analysis, Insights and Forecast, 2017-2032
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Gas Furnace
13.4.2 Oil Furnace
13.4.3 Electric Furnace
13.4.4 Wood Furnace
13.4.5 Hybrid Furnace
13.5 Historic and Forecasted Market Size By Application
13.5.1 Single Family
13.5.2 Multifamily
13.6 Historic and Forecast Market Size by Country
13.6.1 Turkey
13.6.2 Bahrain
13.6.3 Kuwait
13.6.4 Saudi Arabia
13.6.5 Qatar
13.6.6 UAE
13.6.7 Israel
13.6.8 South Africa
Chapter 14: South America Residential Furnace Market Analysis, Insights and Forecast, 2017-2032
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 Gas Furnace
14.4.2 Oil Furnace
14.4.3 Electric Furnace
14.4.4 Wood Furnace
14.4.5 Hybrid Furnace
14.5 Historic and Forecasted Market Size By Application
14.5.1 Single Family
14.5.2 Multifamily
14.6 Historic and Forecast Market Size by Country
14.6.1 Brazil
14.6.2 Argentina
14.6.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Residential Furnace Scope:
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Report Data
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Residential Furnace Market
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Residential Furnace Market Size in 2025
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USD XX million
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Residential Furnace CAGR 2025 - 2032
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XX%
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Residential Furnace Base Year
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2024
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Residential Furnace Forecast Data
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2025 - 2032
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Segments Covered
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By Type, By Application, And by Regions
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Key Companies Profiled
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Maytag (Whirlpool), York (Johnson Controls), Carrier, Lennox, Daikin, Luxaire, Boyertown Furnace, American Standard, Rheem Manufacturing, Goodman Manufacturing Company.
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Key Segments
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By Type
Gas Furnace
Oil Furnace
Electric Furnace
Wood Furnace
Hybrid Furnace
By Applications
Single Family
Multifamily
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