Forecasting the Future: Industrial & Residential Heating Market Insights Through 2028

The industrial & residential heating market was estimated at USD 16.3 billion in 2022 and is likely to grow at a CAGR of 5.41% during 2023-2028 to reach USD 22.43 billion in 2028.

Industrial & residential heating systems are used to maintain indoor temperatures through thermal energy. They can be centralized or distributed heating systems.

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