India Industrial Heating Equipment Market Size Growth 2033

India Industrial Heating Equipment Market Size, Share, Trends and Forecast by Product Type, Fuel Type, End User Industry, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A29936

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India Industrial Heating Equipment Market Size and Share:

The India industrial heating equipment market size reached USD 0.81 Billion in2024. Looking forward, IMARC Group expects the market to reach USD 1.33 Billion by 2033 exhibiting a growth rate (CAGR) of 5.60% during 2025-2033. The market is witnessing significant growth, driven by the rising adoption of energy-efficient and sustainable heating solutions and increasing demand for industrial process automation and smart heating technologies.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 0.81 Billion
Market Forecast in 2033	USD 1.33 Billion
Market Growth Rate (2025-2033)	5.60%

India Industrial heating equipment Market Trends:

Rising Adoption of Energy-Efficient and Sustainable Heating Solutions

The India industrial heating equipment market is undergoing a shift wherein the movement for sustainable and energy-efficient heating technologies is more pronounced due to global environmental standards and the high prices of conventional energy sources. Industries such as chemicals, food processing, pharmaceuticals and metal processing are envisaging heating systems that consume the least energy and emit the lowest emissions possible. The government's initiatives such as the National Mission for Enhanced Energy Efficiency (NMEEE), including Perform, Achieve and Trade (PAT), motivate manufacturers to implement better heating solutions for more productive operation efficiency. For instance, according to industry reports, the HVAC market in India, along with intelligent building solutions, is projected to reach Rs 1,78,000 crore ($21.5 billion) by 2028, as per ISHRAE, ahead of ACREX India 2024 in Greater Noida. Technological advancements in industrial boilers, furnaces, and heat exchangers are supporting this transition. High-efficiency electric heaters, infrared heating systems, and heat recovery solutions are gaining traction, particularly in sectors requiring precise temperature control and uniform heating. The integration of smart sensors and IoT-enabled controls is further optimizing energy usage by enabling real-time monitoring and predictive maintenance. Additionally, the rising penetration of renewable energy-based heating systems, such as biomass and solar thermal heating, is contributing to sustainability goals. These factors collectively drive the adoption of energy-efficient heating technologies, positioning India as a key market for industrial heating equipment aligned with global energy conservation standards.

Increasing Demand for Industrial Process Automation and Smart Heating Technologies

The India industrial heating equipment market is experiencing significant growth due to the rising adoption of automation and smart technologies in manufacturing processes. Industries are leveraging digitalization to enhance productivity, improve process efficiency, and reduce operational costs. Heating equipment integrated with advanced automation solutions, including programmable logic controllers (PLCs), artificial intelligence (AI), and machine learning (ML)-driven predictive analytics, is enabling precise temperature control and process optimization. Industries such as automotive, cement, and metallurgy are deploying automated heating systems to ensure consistent performance, minimize heat loss, and reduce energy wastage. Smart industrial heaters equipped with IoT connectivity are enhancing remote monitoring and diagnostics, allowing manufacturers to proactively address maintenance needs and prevent equipment downtime. The demand for Industry 4.0-compliant heating solutions is also rising, with manufacturers investing in real-time data analytics and cloud-based control systems to improve operational efficiency. For instance, in February 2025, JNK India Limited reported Q3 FY25 revenue of ₹969.2 million, with a 15.6% year-over-year growth in 9M FY25, reaching ₹2,950.5 million. The company’s order book stood at ₹12,269 million. As industrial automation adoption increases, companies are focusing on intelligent heating technologies that enhance production efficiency while ensuring compliance with evolving industry standards. The integration of smart sensors and energy management systems in heating equipment is further driving market expansion, making automation a key trend shaping the future of industrial heating in India.

India Industrial Heating Equipment Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on product type, fuel type, and end user industry.

Product Type Insights:

Heat Pumps
Furnaces
Boilers

The report has provided a detailed breakup and analysis of the market based on the product type. This includes heat pumps, furnaces, and boilers.

Fuel Type Insights:

Fossil Fuel
Electric

A detailed breakup and analysis of the market based on the fuel type have also been provided in the report. This includes fossil fuel and electric.

End User Industry Insights:

Oil and Gas
Metal and Mining
Chemical
Others

A detailed breakup and analysis of the market based on the end user industry have also been provided in the report. This includes oil and gas, metal and mining, chemical, and others.

Regional Insights:

North India
South India
East India
West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Industrial Heating Equipment Market News:

In February 2025, Johnson Controls announced its participation as the Building Technology Partner at ACREX India 2025, showcasing next-generation cooling and smart building technologies. The company will highlight innovations for data centers, mid-market industrial, and commercial markets, reinforcing its commitment to sustainable and healthy building solutions.

India Industrial Heating Equipment Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Product Type Fuel Type End User Industry Region
Product Types Covered	Heat Pumps, Furnaces, Boilers
Fuel Types Covered	Fossil Fuel, Electric
End User Industries Covered	Oil and Gas, Metal and Mining, Chemical, Others
Regions Covered	North India, South India, East India, West India
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the India industrial heating equipment market performed so far and how will it perform in the coming years?
What is the breakup of the India industrial heating equipment market on the basis of product type?
What is the breakup of the India industrial heating equipment market on the basis of fuel type?
What is the breakup of the India industrial heating equipment market on the basis of end user industry?
What is the breakup of the India industrial heating equipment market on the basis of region?
What are the various stages in the value chain of the India industrial heating equipment market?
What are the key driving factors and challenges in the India industrial heating equipment?
What is the structure of the India industrial heating equipment market and who are the key players?
What is the degree of competition in the India industrial heating equipment market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India industrial heating equipment market from 2019-2033
The research report provides the latest information on the market drivers, challenges, and opportunities in the India industrial heating equipment market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India industrial heating equipment industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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