Global Space Heaters Market 2024-2028

Description

List of Tables

The space heaters market is forecasted to grow by USD 3.37 bn during 2023-2028, accelerating at a CAGR of 7.06% during the forecast period. The report on the space heaters market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for highly efficient, energy-saving, and safe domestic heating appliances, expansion in retail landscape driving use of space heaters, and growing benefits of space heaters.

Technavio's space heaters market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.03%
CAGR	7.06%
Incremental Value	$3.37bn

By Application

Residential
Commercial
Industrial

By Product

Fan heaters
Convection heaters
Radiant heaters
Ceramic heaters

By Geographical Landscape

Europe
North America
APAC
South America
Middle East and Africa

This study identifies the increasing collaboration and launches in space heaters market as one of the prime reasons driving the space heaters market growth during the next few years. Also, incorporating advanced safety features in space heaters and emergence of smart space heaters will lead to sizable demand in the market.

The report on the space heaters market covers the following areas:

Space heaters market sizing
Space heaters market forecast
Space heaters market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading space heaters market vendors that include Bromic Group Pty Ltd., Crane USA, Daikin Industries Ltd., De Longhi S.p.A, Dr. Infrared Heater, Duraflame Inc., Dyson Group Co., Energy Wise Solutions, Honeywell International Inc., Lasko Products LLC, Midea Group Co. Ltd., Mill International AS, Newegg Commerce Inc., Newell Brands Inc., Rinnai Corp., Solar Panels Plus LLC, Stadler Form Aktiengesellschaft, SUNHEAT International, Sunpentown International Inc., and Vornado Air LLC. Also, the space heaters market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR44889

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global space heaters market 2018 - 2022
4.2 Application Segment Analysis 2018 - 2022
4.3 Product Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Application

6.1 Market segments
6.2 Comparison by Application
6.3 Residential - Market size and forecast 2023-2028
6.4 Commercial - Market size and forecast 2023-2028
6.5 Industrial - Market size and forecast 2023-2028
6.6 Market opportunity by Application

7 Market Segmentation by Product

7.1 Market segments
7.2 Comparison by Product
7.3 Fan heaters - Market size and forecast 2023-2028
7.4 Convection heaters - Market size and forecast 2023-2028
7.5 Radiant heaters - Market size and forecast 2023-2028
7.6 Ceramic heaters - Market size and forecast 2023-2028
7.7 Market opportunity by Product

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 Europe - Market size and forecast 2023-2028
9.4 North America - Market size and forecast 2023-2028
9.5 APAC - Market size and forecast 2023-2028
9.6 South America - Market size and forecast 2023-2028
9.7 Middle East and Africa - Market size and forecast 2023-2028
9.8 US - Market size and forecast 2023-2028
9.9 China - Market size and forecast 2023-2028
9.10 Germany - Market size and forecast 2023-2028
9.11 UK - Market size and forecast 2023-2028
9.12 Canada - Market size and forecast 2023-2028
9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Bromic Group Pty Ltd.
12.4 Crane USA
12.5 Daikin Industries Ltd.
12.6 De Longhi S.p.A
12.7 Dr. Infrared Heater
12.8 Duraflame Inc.
12.9 Dyson Group Co.
12.10 Energy Wise Solutions
12.11 Honeywell International Inc.
12.12 Midea Group Co. Ltd.
12.13 Mill International AS
12.14 Newegg Commerce Inc.
12.15 Newell Brands Inc.
12.16 Rinnai Corp.
12.17 Solar Panels Plus LLC

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations