HomeConsumer Goods and Services Indirect Fired Heater Market

Global Indirect Fired Heater Market Size, Share Demand Report By Product Type (Industrial, Commercial, Residential), By Fuel Type (Natural Gas, Diesel, LPG, Other Fuels), By Heat Output / Capacity (<500 kW, 500–2000 kW, >2000 kW), By End-Use Industry (Oil & Gas, Chemical & Petrochemical, Food & Beverage, Power Generation, Metals & Mining, Others), By Technology / Design (Direct-Fired Adapted, Modular & Skid-Mounted, Integrated Control Systems), By Region & Segment Forecasts, 2025–2030

Report Code: RI693PUB
Last Updated : September, 2025
Author : Anna Morgan

Table of Contents

  1. Executive Summary
    1. Introduction
  2. Market Introduction
    1. Market Definition
    2. Scope of the Study
    3. Market Structure
  3. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  4. Market Factor Analysis
    1. Value Chain Analysis: Indirect Fired Heater Market
    2. Porters Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Dynamics
    1. Drivers
    2. Restraints
    3. Opportunities
  6. Recent Trends Analysis
  7. Impact of COVID-19 on Indirect Fired Heater Market
    1. Pre and Post Covid -19 Market Scenario Analysis
    2. Market Recovery Timeline and Challenge
    3. Measures Taken by Top Players
  8. Regulatory Landscape
  9. Indirect Fired Heater Market, By Product Type
    1. Introduction
      1. Market Size and Forecast, By Product Type
    2. Industrial Indirect Fired Heaters
      1. Market Size and Forecast, By Region
    3. Commercial Indirect Fired Heaters
      1. Market Size and Forecast, By Region
    4. Residential Indirect Fired Heaters
      1. Market Size and Forecast, By Region
  10. Indirect Fired Heater Market, By Fuel Type
    1. Introduction
      1. Market Size and Forecast, By Fuel Type
    2. Natural Gas
      1. Market Size and Forecast, By Region
    3. Diesel
      1. Market Size and Forecast, By Region
    4. LPG
      1. Market Size and Forecast, By Region
    5. Other Fuels (Biofuels/Synthetic)
      1. Market Size and Forecast, By Region
  11. Indirect Fired Heater Market, By Heat Output / Capacity
    1. Introduction
      1. Market Size and Forecast, By Heat Output / Capacity
    2. Low Capacity (
      1. Market Size and Forecast, By Region
    3. Medium Capacity (500–2000 kW)
      1. Market Size and Forecast, By Region
    4. High Capacity (>2000 kW)
      1. Market Size and Forecast, By Region
  12. Indirect Fired Heater Market, By End-Use Industry
    1. Introduction
      1. Market Size and Forecast, By End-Use Industry
    2. Oil & Gas
      1. Market Size and Forecast, By Region
    3. Chemical & Petrochemical
      1. Market Size and Forecast, By Region
    4. Food & Beverage
      1. Market Size and Forecast, By Region
    5. Power Generation
      1. Market Size and Forecast, By Region
    6. Metals & Mining
      1. Market Size and Forecast, By Region
    7. Others (Textiles, Paper, Pharmaceuticals)
      1. Market Size and Forecast, By Region
  13. Indirect Fired Heater Market, By Technology / Design
    1. Introduction
      1. Market Size and Forecast, By Technology / Design
    2. Direct-Fired Adapted Systems
      1. Market Size and Forecast, By Region
    3. Modular & Skid-Mounted Units
      1. Market Size and Forecast, By Region
    4. Integrated Control Systems (IoT/Digital)
      1. Market Size and Forecast, By Region
  14. Regional Overview
    1. Introduction
      1. Market Size and Forecast
    2. North America
      1. Market Size and Forecast
        1. By Product Type
          1. Industrial Indirect Fired Heaters
            1. Commercial Indirect Fired Heaters
              1. Residential Indirect Fired Heaters
              2. By Fuel Type
                1. Natural Gas
                  1. Diesel
                    1. LPG
                      1. Other Fuels (Biofuels/Synthetic)
                      2. By Heat Output / Capacity
                        1. Low Capacity (
                          1. Medium Capacity (500–2000 kW)
                            1. High Capacity (>2000 kW)
                            2. By End-Use Industry
                              1. Oil & Gas
                                1. Chemical & Petrochemical
                                  1. Food & Beverage
                                    1. Power Generation
                                      1. Metals & Mining
                                        1. Others (Textiles, Paper, Pharmaceuticals)
                                        2. By Technology / Design
                                          1. Direct-Fired Adapted Systems
                                            1. Modular & Skid-Mounted Units
                                              1. Integrated Control Systems (IoT/Digital)
                                            2. U.S.
                                              1. By Product Type
                                                1. Industrial Indirect Fired Heaters
                                                  1. Commercial Indirect Fired Heaters
                                                    1. Residential Indirect Fired Heaters
                                                    2. By Fuel Type
                                                      1. Natural Gas
                                                        1. Diesel
                                                          1. LPG
                                                            1. Other Fuels (Biofuels/Synthetic)
                                                            2. By Heat Output / Capacity
                                                              1. Low Capacity (
                                                                1. Medium Capacity (500–2000 kW)
                                                                  1. High Capacity (>2000 kW)
                                                                  2. By End-Use Industry
                                                                    1. Oil & Gas
                                                                      1. Chemical & Petrochemical
                                                                        1. Food & Beverage
                                                                          1. Power Generation
                                                                            1. Metals & Mining
                                                                              1. Others (Textiles, Paper, Pharmaceuticals)
                                                                              2. By Technology / Design
                                                                                1. Direct-Fired Adapted Systems
                                                                                  1. Modular & Skid-Mounted Units
                                                                                    1. Integrated Control Systems (IoT/Digital)
                                                                                  2. Canada
                                                                                2. Europe
                                                                                  1. Market Size and Forecast
                                                                                    1. By Product Type
                                                                                      1. Industrial Indirect Fired Heaters
                                                                                        1. Commercial Indirect Fired Heaters
                                                                                          1. Residential Indirect Fired Heaters
                                                                                          2. By Fuel Type
                                                                                            1. Natural Gas
                                                                                              1. Diesel
                                                                                                1. LPG
                                                                                                  1. Other Fuels (Biofuels/Synthetic)
                                                                                                  2. By Heat Output / Capacity
                                                                                                    1. Low Capacity (
                                                                                                      1. Medium Capacity (500–2000 kW)
                                                                                                        1. High Capacity (>2000 kW)
                                                                                                        2. By End-Use Industry
                                                                                                          1. Oil & Gas
                                                                                                            1. Chemical & Petrochemical
                                                                                                              1. Food & Beverage
                                                                                                                1. Power Generation
                                                                                                                  1. Metals & Mining
                                                                                                                    1. Others (Textiles, Paper, Pharmaceuticals)
                                                                                                                    2. By Technology / Design
                                                                                                                      1. Direct-Fired Adapted Systems
                                                                                                                        1. Modular & Skid-Mounted Units
                                                                                                                          1. Integrated Control Systems (IoT/Digital)
                                                                                                                        2. U.K.
                                                                                                                          1. By Product Type
                                                                                                                            1. Industrial Indirect Fired Heaters
                                                                                                                              1. Commercial Indirect Fired Heaters
                                                                                                                                1. Residential Indirect Fired Heaters
                                                                                                                                2. By Fuel Type
                                                                                                                                  1. Natural Gas
                                                                                                                                    1. Diesel
                                                                                                                                      1. LPG
                                                                                                                                        1. Other Fuels (Biofuels/Synthetic)
                                                                                                                                        2. By Heat Output / Capacity
                                                                                                                                          1. Low Capacity (
                                                                                                                                            1. Medium Capacity (500–2000 kW)
                                                                                                                                              1. High Capacity (>2000 kW)
                                                                                                                                              2. By End-Use Industry
                                                                                                                                                1. Oil & Gas
                                                                                                                                                  1. Chemical & Petrochemical
                                                                                                                                                    1. Food & Beverage
                                                                                                                                                      1. Power Generation
                                                                                                                                                        1. Metals & Mining
                                                                                                                                                          1. Others (Textiles, Paper, Pharmaceuticals)
                                                                                                                                                          2. By Technology / Design
                                                                                                                                                            1. Direct-Fired Adapted Systems
                                                                                                                                                              1. Modular & Skid-Mounted Units
                                                                                                                                                                1. Integrated Control Systems (IoT/Digital)
                                                                                                                                                              2. Germany
                                                                                                                                                              3. France
                                                                                                                                                              4. Spain
                                                                                                                                                              5. Italy
                                                                                                                                                              6. Russia
                                                                                                                                                              7. Nordic
                                                                                                                                                              8. Benelux
                                                                                                                                                              9. Rest of Europe
                                                                                                                                                            2. APAC
                                                                                                                                                              1. Market Size and Forecast
                                                                                                                                                                1. By Product Type
                                                                                                                                                                  1. Industrial Indirect Fired Heaters
                                                                                                                                                                    1. Commercial Indirect Fired Heaters
                                                                                                                                                                      1. Residential Indirect Fired Heaters
                                                                                                                                                                      2. By Fuel Type
                                                                                                                                                                        1. Natural Gas
                                                                                                                                                                          1. Diesel
                                                                                                                                                                            1. LPG
                                                                                                                                                                              1. Other Fuels (Biofuels/Synthetic)
                                                                                                                                                                              2. By Heat Output / Capacity
                                                                                                                                                                                1. Low Capacity (
                                                                                                                                                                                  1. Medium Capacity (500–2000 kW)
                                                                                                                                                                                    1. High Capacity (>2000 kW)
                                                                                                                                                                                    2. By End-Use Industry
                                                                                                                                                                                      1. Oil & Gas
                                                                                                                                                                                        1. Chemical & Petrochemical
                                                                                                                                                                                          1. Food & Beverage
                                                                                                                                                                                            1. Power Generation
                                                                                                                                                                                              1. Metals & Mining
                                                                                                                                                                                                1. Others (Textiles, Paper, Pharmaceuticals)
                                                                                                                                                                                                2. By Technology / Design
                                                                                                                                                                                                  1. Direct-Fired Adapted Systems
                                                                                                                                                                                                    1. Modular & Skid-Mounted Units
                                                                                                                                                                                                      1. Integrated Control Systems (IoT/Digital)
                                                                                                                                                                                                    2. China
                                                                                                                                                                                                      1. By Product Type
                                                                                                                                                                                                        1. Industrial Indirect Fired Heaters
                                                                                                                                                                                                          1. Commercial Indirect Fired Heaters
                                                                                                                                                                                                            1. Residential Indirect Fired Heaters
                                                                                                                                                                                                            2. By Fuel Type
                                                                                                                                                                                                              1. Natural Gas
                                                                                                                                                                                                                1. Diesel
                                                                                                                                                                                                                  1. LPG
                                                                                                                                                                                                                    1. Other Fuels (Biofuels/Synthetic)
                                                                                                                                                                                                                    2. By Heat Output / Capacity
                                                                                                                                                                                                                      1. Low Capacity (
                                                                                                                                                                                                                        1. Medium Capacity (500–2000 kW)
                                                                                                                                                                                                                          1. High Capacity (>2000 kW)
                                                                                                                                                                                                                          2. By End-Use Industry
                                                                                                                                                                                                                            1. Oil & Gas
                                                                                                                                                                                                                              1. Chemical & Petrochemical
                                                                                                                                                                                                                                1. Food & Beverage
                                                                                                                                                                                                                                  1. Power Generation
                                                                                                                                                                                                                                    1. Metals & Mining
                                                                                                                                                                                                                                      1. Others (Textiles, Paper, Pharmaceuticals)
                                                                                                                                                                                                                                      2. By Technology / Design
                                                                                                                                                                                                                                        1. Direct-Fired Adapted Systems
                                                                                                                                                                                                                                          1. Modular & Skid-Mounted Units
                                                                                                                                                                                                                                            1. Integrated Control Systems (IoT/Digital)
                                                                                                                                                                                                                                          2. Korea
                                                                                                                                                                                                                                          3. Japan
                                                                                                                                                                                                                                          4. India
                                                                                                                                                                                                                                          5. Australia
                                                                                                                                                                                                                                          6. Singapore
                                                                                                                                                                                                                                          7. Taiwan
                                                                                                                                                                                                                                          8. South East Asia
                                                                                                                                                                                                                                          9. Rest of Asia-Pacific
                                                                                                                                                                                                                                        2. Middle East and Africa
                                                                                                                                                                                                                                          1. Market Size and Forecast
                                                                                                                                                                                                                                            1. By Product Type
                                                                                                                                                                                                                                              1. Industrial Indirect Fired Heaters
                                                                                                                                                                                                                                                1. Commercial Indirect Fired Heaters
                                                                                                                                                                                                                                                  1. Residential Indirect Fired Heaters
                                                                                                                                                                                                                                                  2. By Fuel Type
                                                                                                                                                                                                                                                    1. Natural Gas
                                                                                                                                                                                                                                                      1. Diesel
                                                                                                                                                                                                                                                        1. LPG
                                                                                                                                                                                                                                                          1. Other Fuels (Biofuels/Synthetic)
                                                                                                                                                                                                                                                          2. By Heat Output / Capacity
                                                                                                                                                                                                                                                            1. Low Capacity (
                                                                                                                                                                                                                                                              1. Medium Capacity (500–2000 kW)
                                                                                                                                                                                                                                                                1. High Capacity (>2000 kW)
                                                                                                                                                                                                                                                                2. By End-Use Industry
                                                                                                                                                                                                                                                                  1. Oil & Gas
                                                                                                                                                                                                                                                                    1. Chemical & Petrochemical
                                                                                                                                                                                                                                                                      1. Food & Beverage
                                                                                                                                                                                                                                                                        1. Power Generation
                                                                                                                                                                                                                                                                          1. Metals & Mining
                                                                                                                                                                                                                                                                            1. Others (Textiles, Paper, Pharmaceuticals)
                                                                                                                                                                                                                                                                            2. By Technology / Design
                                                                                                                                                                                                                                                                              1. Direct-Fired Adapted Systems
                                                                                                                                                                                                                                                                                1. Modular & Skid-Mounted Units
                                                                                                                                                                                                                                                                                  1. Integrated Control Systems (IoT/Digital)
                                                                                                                                                                                                                                                                                2. UAE
                                                                                                                                                                                                                                                                                  1. By Product Type
                                                                                                                                                                                                                                                                                    1. Industrial Indirect Fired Heaters
                                                                                                                                                                                                                                                                                      1. Commercial Indirect Fired Heaters
                                                                                                                                                                                                                                                                                        1. Residential Indirect Fired Heaters
                                                                                                                                                                                                                                                                                        2. By Fuel Type
                                                                                                                                                                                                                                                                                          1. Natural Gas
                                                                                                                                                                                                                                                                                            1. Diesel
                                                                                                                                                                                                                                                                                              1. LPG
                                                                                                                                                                                                                                                                                                1. Other Fuels (Biofuels/Synthetic)
                                                                                                                                                                                                                                                                                                2. By Heat Output / Capacity
                                                                                                                                                                                                                                                                                                  1. Low Capacity (
                                                                                                                                                                                                                                                                                                    1. Medium Capacity (500–2000 kW)
                                                                                                                                                                                                                                                                                                      1. High Capacity (>2000 kW)
                                                                                                                                                                                                                                                                                                      2. By End-Use Industry
                                                                                                                                                                                                                                                                                                        1. Oil & Gas
                                                                                                                                                                                                                                                                                                          1. Chemical & Petrochemical
                                                                                                                                                                                                                                                                                                            1. Food & Beverage
                                                                                                                                                                                                                                                                                                              1. Power Generation
                                                                                                                                                                                                                                                                                                                1. Metals & Mining
                                                                                                                                                                                                                                                                                                                  1. Others (Textiles, Paper, Pharmaceuticals)
                                                                                                                                                                                                                                                                                                                  2. By Technology / Design
                                                                                                                                                                                                                                                                                                                    1. Direct-Fired Adapted Systems
                                                                                                                                                                                                                                                                                                                      1. Modular & Skid-Mounted Units
                                                                                                                                                                                                                                                                                                                        1. Integrated Control Systems (IoT/Digital)
                                                                                                                                                                                                                                                                                                                      2. Turky
                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                                                                                                                                                                        1. By Product Type
                                                                                                                                                                                                                                                                                                                          1. Industrial Indirect Fired Heaters
                                                                                                                                                                                                                                                                                                                            1. Commercial Indirect Fired Heaters
                                                                                                                                                                                                                                                                                                                              1. Residential Indirect Fired Heaters
                                                                                                                                                                                                                                                                                                                              2. By Fuel Type
                                                                                                                                                                                                                                                                                                                                1. Natural Gas
                                                                                                                                                                                                                                                                                                                                  1. Diesel
                                                                                                                                                                                                                                                                                                                                    1. LPG
                                                                                                                                                                                                                                                                                                                                      1. Other Fuels (Biofuels/Synthetic)
                                                                                                                                                                                                                                                                                                                                      2. By Heat Output / Capacity
                                                                                                                                                                                                                                                                                                                                        1. Low Capacity (
                                                                                                                                                                                                                                                                                                                                          1. Medium Capacity (500–2000 kW)
                                                                                                                                                                                                                                                                                                                                            1. High Capacity (>2000 kW)
                                                                                                                                                                                                                                                                                                                                            2. By End-Use Industry
                                                                                                                                                                                                                                                                                                                                              1. Oil & Gas
                                                                                                                                                                                                                                                                                                                                                1. Chemical & Petrochemical
                                                                                                                                                                                                                                                                                                                                                  1. Food & Beverage
                                                                                                                                                                                                                                                                                                                                                    1. Power Generation
                                                                                                                                                                                                                                                                                                                                                      1. Metals & Mining
                                                                                                                                                                                                                                                                                                                                                        1. Others (Textiles, Paper, Pharmaceuticals)
                                                                                                                                                                                                                                                                                                                                                        2. By Technology / Design
                                                                                                                                                                                                                                                                                                                                                          1. Direct-Fired Adapted Systems
                                                                                                                                                                                                                                                                                                                                                            1. Modular & Skid-Mounted Units
                                                                                                                                                                                                                                                                                                                                                              1. Integrated Control Systems (IoT/Digital)
                                                                                                                                                                                                                                                                                                                                                            2. Brazil
                                                                                                                                                                                                                                                                                                                                                              1. By Product Type
                                                                                                                                                                                                                                                                                                                                                                1. Industrial Indirect Fired Heaters
                                                                                                                                                                                                                                                                                                                                                                  1. Commercial Indirect Fired Heaters
                                                                                                                                                                                                                                                                                                                                                                    1. Residential Indirect Fired Heaters
                                                                                                                                                                                                                                                                                                                                                                    2. By Fuel Type
                                                                                                                                                                                                                                                                                                                                                                      1. Natural Gas
                                                                                                                                                                                                                                                                                                                                                                        1. Diesel
                                                                                                                                                                                                                                                                                                                                                                          1. LPG
                                                                                                                                                                                                                                                                                                                                                                            1. Other Fuels (Biofuels/Synthetic)
                                                                                                                                                                                                                                                                                                                                                                            2. By Heat Output / Capacity
                                                                                                                                                                                                                                                                                                                                                                              1. Low Capacity (
                                                                                                                                                                                                                                                                                                                                                                                1. Medium Capacity (500–2000 kW)
                                                                                                                                                                                                                                                                                                                                                                                  1. High Capacity (>2000 kW)
                                                                                                                                                                                                                                                                                                                                                                                  2. By End-Use Industry
                                                                                                                                                                                                                                                                                                                                                                                    1. Oil & Gas
                                                                                                                                                                                                                                                                                                                                                                                      1. Chemical & Petrochemical
                                                                                                                                                                                                                                                                                                                                                                                        1. Food & Beverage
                                                                                                                                                                                                                                                                                                                                                                                          1. Power Generation
                                                                                                                                                                                                                                                                                                                                                                                            1. Metals & Mining
                                                                                                                                                                                                                                                                                                                                                                                              1. Others (Textiles, Paper, Pharmaceuticals)
                                                                                                                                                                                                                                                                                                                                                                                              2. By Technology / Design
                                                                                                                                                                                                                                                                                                                                                                                                1. Direct-Fired Adapted Systems
                                                                                                                                                                                                                                                                                                                                                                                                  1. Modular & Skid-Mounted Units
                                                                                                                                                                                                                                                                                                                                                                                                    1. Integrated Control Systems (IoT/Digital)
                                                                                                                                                                                                                                                                                                                                                                                                  2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                  3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                  4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                  5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                  6. Rest of LATAM
                                                                                                                                                                                                                                                                                                                                                                                              3. Competitive Landscape, 2024
                                                                                                                                                                                                                                                                                                                                                                                                1. Introduction
                                                                                                                                                                                                                                                                                                                                                                                                2. Indirect Fired Heater Market Share Analysis, 2024 (%)
                                                                                                                                                                                                                                                                                                                                                                                                  1. Market Share Analysis, 2024
                                                                                                                                                                                                                                                                                                                                                                                                  2. Competition Ranking, 2024
                                                                                                                                                                                                                                                                                                                                                                                                  3. Key Developments & Growth Strategies
                                                                                                                                                                                                                                                                                                                                                                                                    1. Merger & Acquisition
                                                                                                                                                                                                                                                                                                                                                                                                    2. Product Launch
                                                                                                                                                                                                                                                                                                                                                                                                    3. Expansion
                                                                                                                                                                                                                                                                                                                                                                                                  4. Consolidated SWOT Analysis of Key Players
                                                                                                                                                                                                                                                                                                                                                                                              4. Company Profile
                                                                                                                                                                                                                                                                                                                                                                                                1. Baker Hughes
                                                                                                                                                                                                                                                                                                                                                                                                  1. Business Overview
                                                                                                                                                                                                                                                                                                                                                                                                  2. Financial Data
                                                                                                                                                                                                                                                                                                                                                                                                  3. Key Product domains
                                                                                                                                                                                                                                                                                                                                                                                                  4. Recent Developments
                                                                                                                                                                                                                                                                                                                                                                                                2. Honeywell International
                                                                                                                                                                                                                                                                                                                                                                                                3. John Zink Hamworthy Combustion
                                                                                                                                                                                                                                                                                                                                                                                                4. Smithco
                                                                                                                                                                                                                                                                                                                                                                                                5. Thermax Limited
                                                                                                                                                                                                                                                                                                                                                                                                6. Riello
                                                                                                                                                                                                                                                                                                                                                                                                7. L&T Technology Services
                                                                                                                                                                                                                                                                                                                                                                                                8. Flame Engineering
                                                                                                                                                                                                                                                                                                                                                                                                9. Global Heat Transfer
                                                                                                                                                                                                                                                                                                                                                                                                10. Parker Hannifin