Infinium Global Research Heat Interface Unit Market Global Industry Analysi | Page 9

Heat Interface Unit Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024 Executive Summary Global Heat Interface Unit Market Highlights, (USD Million) The global heat interface unit market is expected to grow at a CAGR of 7.4 % between 2018 and 2024 in terms of value.Rising adoption of district heating solutions in commercial buildings, apartments and industrial plant is the factor driving the growth of the market. Additionally introduction of the internet of things has enabled the heat interface units. However, high initial cost due to disposition of district heating systems is expected to restrict the growth of the global heat interface unit market. Moreover, the residential application of heat interface market is anticipated to grow during the forecast period due to the increase in usage of heat interface units for multi-housing apartment buildings, and other residential buildings is providing the growth opportunities for the key players in the heat interface unit market. The leading players in the global heat interface unit market include Honeywell, GIACOMINI, Bosch, Kingspan, Dutypoint, ALFA LAVAL, Docherty, Intatec, Rhico, and Caleffi. Heat interface unit market is expected to experience rapid growth globally. However, the market size in terms of value is expected to grow at a higher rate due to the cold weather conditions and the rising trend for the home décor. The global market size of heat interface unit in terms of value was USD X.Xbillion in 2016. GLOBALHEAT INTERFACE UNIT MARKET, CAGR (USD MN) GROWTH BY REGIONS (2018 – 2024) © Infinium Global Research Page 9