Furnaces Market Report: Trends, Insights, and Forecast for 2030

According to the study by Next Move Strategy Consulting, the global Furnaces Market is predicted to reach USD 69.03 billion with a CAGR of 4.3% by 2030.

These devices efficiently generate and distribute heat through ductwork or piping systems, ensuring thermal comfort and facilitating various industrial processes. 

The global expansion of urban population is driving the furnaces market demand, as increased urbanization requires more advanced heating systems to support growing infrastructure needs in residential, commercial, and healthcare settings.

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