Infrared Heaters Market
The market for Infrared Heaters was estimated at $1.5 billion in 2024; it is anticipated to increase to $2.4 billion by 2030, with projections indicating growth to around $3.6 billion by 2035.
Global Infrared Heaters Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Infrared Heaters industry revenue is expected to be around $1.6 billion in 2025 and expected to showcase growth with 8.2% CAGR between 2025 and 2034. The strong expansion of the Infrared Heaters industry is mainly fueled by the increasing need for energy saving heating options in areas. Moreover to be noted is the move towards eco friendly energy usage which has significantly contributed to driving the market ahead. The adaptability of heaters along with their capability to offer focused heating and cost efficiency have solidified their position as a top pick, among buyers. In addition to that and with the progress of technology and the incorporation of functions have contributed to making the product more attractive and keeping it relevant in the market, for heating solutions over time.
Infrared heaters are recognized for their efficiency and effectiveness because they emit infrared waves that objects and surfaces absorb directly to heat them without affecting the surrounding air temperature much unlike traditional heating systems - a feature that has made them increasingly popular for residential and commercial use alike in recent times with the added integration of smart technology, like remote control features and energy monitoring contributing to their growing appeal.
Market Key Insights
- The Infrared Heaters market is projected to grow from $1.5 billion in 2024 to $3.3 billion in 2034. This represents a CAGR of 8.2%, reflecting rising demand across Industrial Heating, Residential Heating and Outdoor Heating.
- Dr. Infrared Heater, EdenPURE, Lifesmart are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Infrared Heaters market and are expected to observe the growth CAGR of 6.0% to 8.6% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 7.9% to 10.3%.
- Transition like Energy Efficiency Revolution is expected to add $105 million to the Infrared Heaters market growth by 2030.
- The Infrared Heaters market is set to add $1.8 billion between 2024 and 2034, with manufacturer targeting Commercial Use & Industrial Use Applications projected to gain a larger market share.
- With
energy efficiency and cost-effectiveness, and
health and environmental benefits, Infrared Heaters market to expand 120% between 2024 and 2034.
Opportunities in the Infrared Heaters
Growth Opportunities in North America and Asia-Pacific
Market Dynamics and Supply Chain
Driver: Energy Efficiency and Cost-Effectiveness, and Versatility and Ease of Installation
Restraint: High Initial Investment
Opportunity: Strategic Partnerships and Expanding Residential Market
Challenge: Lack of Awareness
Supply Chain Landscape
Raw Material Suppliers
Component Manufacturers
Assemblers
Distributors & Retailers
Raw Material Suppliers
Component Manufacturers
Assemblers
Distributors & Retailers
Use Cases of Infrared Heaters in Industrial Heating & Residential Heating
Recent Developments
The market for heaters has experienced notable expansion and development in recent years due to the distinct advantages of infrared heating technology like energy efficiency and quick heat provision at a cost effective rate. The current trend in the industry involves incorporating technologies, into infrared heaters.