North America Home Heating Appliances Market Size and Share
| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 17.27 Billion |
| Market Size (2030) | USD 20.90 Billion |
| CAGR (2025 - 2030) | 3.89% |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Home Heating Appliances Market Analysis by Mordor Intelligence
The North America Home Heating Appliances Market size is estimated at USD 17.27 billion in 2025, and is expected to reach USD 20.90 billion by 2030, at a CAGR of 3.89% during the forecast period (2025-2030).
Consumers have an increased demand for heating appliances to meet cooking, water, and space heating needs. Home heating appliances are available in different capacities based on their usage in the residential sector. The rising usage of heating appliances in North America's residential and commercial sectors increased market growth. Therefore, manufacturers have integrated home heating appliances with intelligent technologies to improve the demand in the market.
The primary factors that drive the North American heating appliances market are rising urbanization and industrialization. As cities grow and industries expand, the need for heating appliances also increases. In urban areas, as there is high-density living, the requirement for heating appliances rises for comfort and safety. There is a necessity for heating appliances in the industrial sector for production and manufacturing. Therefore, the migration of populations to urban areas and increasing industrial growth in North America help manufacturers increase heating appliance production.
Manufacturers have integrated renewable energy sources in home heating appliances, which drive the market. The increased market growth is due to innovations in energy efficiency, emissions reduction, and heating effectiveness. Manufacturers focus on product innovation of heating appliances by integrating less energy consumption technology to reduce operational costs and environmental impact. Therefore, integrating smart technologies made heating appliances user-friendly and efficient, boosting market growth.
North America Home Heating Appliances Market Trends and Insights
The Increasing Energy Efficient Heating Appliances Demand Drives the Market
The increase in population increases the demand for heating appliances in North America. The home heating appliances market is growing due to increasing sales of energy-efficient heating appliances. The growing industrial and manufacturing industries are increasing the demand for energy-efficient heating appliances. The construction sector in North America is growing due to rising demand for homes with central HVAC systems. Therefore, the need for heating appliances increases during extreme climatic changes, especially during winter. Countries with moderate temperatures experiencing the coldest winters increase the market's growth.
United States Dominates the Market
The demand for home heating appliances is increasing in the United States due to the demand for energy-efficient solutions, and the need to modernize aging infrastructure is growing. People in the United States rely on heating appliances due to the cold climate in the region. Therefore, manufacturers in the United States are adopting advanced technologies like heat pumps and IoT-enabled systems to integrate with heating appliances. The area focuses on sustainability and green building initiatives to boost the market's growth and shifts to renewable energy-based heating systems.
Competitive Landscape
The North American home heating appliances market is competitive. To stay competitive, market players are adopting the changing consumer shopping trends and implementing different strategies to expand their business. Factors like continuous innovation, product diversification, mergers, and acquisitions increased the market's growth. Significant companies invest in research and development to develop advanced, energy-efficient, and environmentally friendly heating solutions. To enhance brand loyalty and market presence, manufacturers are increasing their focus on customer services and post-sales support. The major players are Daikin Industries Ltd, Emerson Electric Co., Honeywell International Inc., Johnson Controls, and Lennox International Inc.
North America Home Heating Appliances Industry Leaders
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Daikin Industries Ltd.
-
Emerson Electric Co.
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Honeywell International Inc.
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Johnson Controls
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Lennox International Inc.
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- September 2023: Octopus Energy launched a revolutionary heating system. It includes the Cosy 6, a new heat pump from Octopus, the Cosy Hub, a home control system, the Cosy Pods, room sensors, a customized smart tariff, and the renowned Octopus 5-star service.
- January 2023: Johnson Controls launched the next-generation YORK YMAE Air-to-Water Inverter Scroll Modular Heat Pump, a high-efficiency air-to-water heat pump for the North American market.
North America Home Heating Appliances Market Report Scope
Home heating appliances contain all components, controls, wiring, ductwork, and piping that convert fuel to energy. North American home heating appliances are segmented into equipment, application, distribution channel, and geography. By equipment, the market is segmented into heat pumps, furnaces, boilers, and unitary heaters. By application, the market is segmented into residential and commercial. The market is segmented by distribution channel into supermarkets/hypermarkets, specialty stores, and online and other distribution channels. The market is segmented by geography into the United States and Canada. The report offers the market size in value terms in USD for all the abovementioned segments.
| Heat Pumps |
| Furnaces |
| Boilers |
| Unitary Heaters |
| Residential |
| Commercial |
| Supermarkets/Hypermarkets |
| Specialty Stores |
| Online |
| Other Distribution Channels |
| United States |
| Canada |
| Rest of North America |
| By Equipment | Heat Pumps |
| Furnaces | |
| Boilers | |
| Unitary Heaters | |
| By Application | Residential |
| Commercial | |
| By Distribution Channel | Supermarkets/Hypermarkets |
| Specialty Stores | |
| Online | |
| Other Distribution Channels | |
| By Geography | United States |
| Canada | |
| Rest of North America |
Key Questions Answered in the Report
How big is the North America Home Heating Appliances Market?
The North America Home Heating Appliances Market size is expected to reach USD 17.27 billion in 2025 and grow at a CAGR of 3.89% to reach USD 20.90 billion by 2030.
What is the current North America Home Heating Appliances Market size?
In 2025, the North America Home Heating Appliances Market size is expected to reach USD 17.27 billion.
Who are the key players in North America Home Heating Appliances Market?
Daikin Industries Ltd., Emerson Electric Co., Honeywell International Inc., Johnson Controls and Lennox International Inc. are the major companies operating in the North America Home Heating Appliances Market.
What years does this North America Home Heating Appliances Market cover, and what was the market size in 2024?
In 2024, the North America Home Heating Appliances Market size was estimated at USD 16.60 billion. The report covers the North America Home Heating Appliances Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the North America Home Heating Appliances Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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North America Home Heating Appliances Market Report
Statistics for the 2025 North America Home Heating Appliances market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Home Heating Appliances analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
