Residential Furnace Market Revenue Analysis Across Single-Family and Multi-Family Housing
According to Market Research Future®, the Residential Furnace Market Outlook projects the market to expand from USD 19.66 billion in 2024 to USD 20.29 billion in 2025 before reaching USD 27.75 billion by 2035, growing at a CAGR of 3.18%. Rising energy costs, technological advancements, sustainability initiatives, and urbanization continue supporting market development. Key companies include Trane, Carrier, Lennox, Rheem, Goodman, and York.
Market Overview
The residential furnace industry...