Space Heaters Market in North America 2024-2028

List of Tables

Global Space Heaters Market In North America 2024-2028

The space heaters market in north america is forecasted to grow by USD 441.6 mn during 2023-2028, accelerating at a CAGR of 4.6% during the forecast period. The report on the space heaters market in north america 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 growth in expenditure on essential items, benefits of space heaters, and growing demand for propane space heater products.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.18%
CAGR	4.6%
Incremental Value	$441.6 mn

Technavio's space heaters market in north america is segmented as below:

By Product

Fan heaters
Convection heaters
Radiant heaters
Ceramic heaters

By Application

Living room
Basement
Offices
Bed room
Bath room

By Geographical Landscape

North America

This study identifies the increasing demand for highly efficient, energy-saving, and safe domestic heating appliances as one of the prime reasons driving the space heaters market in north america growth during the next few years. Also, emergence of smart space heaters and increasing focus on e-commerce platforms will lead to sizable demand in the market.

The report on the space heaters market in north america covers the following areas:

Space heaters market in north america sizing
Space heaters market in north america forecast
Space heaters market in north america 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 in north america vendors that include ASB Heating Elements Ltd., Backer Hotwatt Inc., Crane USA, Daikin Industries Ltd., Dehumidifier Corporation of America, Devco Heaters, Heatrex, Hi Heat Industries Inc., Honeywell International Inc., Lasko Products LLC, Newell Brands Inc., Pelonis Technologies Inc., Penn Radiant Products, Power Modules Inc., SUNHEAT International, Tempco Electric Heater Corp., TURNBULL SPECIALTIES Ltd., Ulanet, Valad Electric Heating Corp., and Vornado Air LLC. Also, the space heaters market in north america 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: IRTNTR71486

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on Regional - Market size and forecast 2023-2028 ($ million)
- Chart on North America: Year-over-year growth 2023-2028 (%)
- Data Table on Regional - Market size and forecast 2023-2028 ($ million)

4 Historic Market Size

4.1 Space Heaters Market in North America 2018 - 2022
- Historic Market Size - Data Table on Space Heaters Market in North America 2018 - 2022 ($ million)
4.2 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
6.3 Fan heaters - Market size and forecast 2023-2028
- Chart on Fan heaters - Market size and forecast 2023-2028 ($ million)
- Data Table on Fan heaters - Market size and forecast 2023-2028 ($ million)
- Chart on Fan heaters - Year-over-year growth 2023-2028 (%)
- Data Table on Fan heaters - Year-over-year growth 2023-2028 (%)
6.4 Convection heaters - Market size and forecast 2023-2028
- Chart on Convection heaters - Market size and forecast 2023-2028 ($ million)
- Data Table on Convection heaters - Market size and forecast 2023-2028 ($ million)
- Chart on Convection heaters - Year-over-year growth 2023-2028 (%)
- Data Table on Convection heaters - Year-over-year growth 2023-2028 (%)
6.5 Radiant heaters - Market size and forecast 2023-2028
- Chart on Radiant heaters - Market size and forecast 2023-2028 ($ million)
- Data Table on Radiant heaters - Market size and forecast 2023-2028 ($ million)
- Chart on Radiant heaters - Year-over-year growth 2023-2028 (%)
- Data Table on Radiant heaters - Year-over-year growth 2023-2028 (%)
6.6 Ceramic heaters - Market size and forecast 2023-2028
- Chart on Ceramic heaters - Market size and forecast 2023-2028 ($ million)
- Data Table on Ceramic heaters - Market size and forecast 2023-2028 ($ million)
- Chart on Ceramic heaters - Year-over-year growth 2023-2028 (%)
- Data Table on Ceramic heaters - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Application

7.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
7.3 Living room - Market size and forecast 2023-2028
- Chart on Living room - Market size and forecast 2023-2028 ($ million)
- Data Table on Living room - Market size and forecast 2023-2028 ($ million)
- Chart on Living room - Year-over-year growth 2023-2028 (%)
- Data Table on Living room - Year-over-year growth 2023-2028 (%)
7.4 Basement - Market size and forecast 2023-2028
- Chart on Basement - Market size and forecast 2023-2028 ($ million)
- Data Table on Basement - Market size and forecast 2023-2028 ($ million)
- Chart on Basement - Year-over-year growth 2023-2028 (%)
- Data Table on Basement - Year-over-year growth 2023-2028 (%)
7.5 Offices - Market size and forecast 2023-2028
- Chart on Offices - Market size and forecast 2023-2028 ($ million)
- Data Table on Offices - Market size and forecast 2023-2028 ($ million)
- Chart on Offices - Year-over-year growth 2023-2028 (%)
- Data Table on Offices - Year-over-year growth 2023-2028 (%)
7.6 Bed room - Market size and forecast 2023-2028
- Chart on Bed room - Market size and forecast 2023-2028 ($ million)
- Data Table on Bed room - Market size and forecast 2023-2028 ($ million)
- Chart on Bed room - Year-over-year growth 2023-2028 (%)
- Data Table on Bed room - Year-over-year growth 2023-2028 (%)
7.7 Bath room - Market size and forecast 2023-2028
- Chart on Bath room - Market size and forecast 2023-2028 ($ million)
- Data Table on Bath room - Market size and forecast 2023-2028 ($ million)
- Chart on Bath room - Year-over-year growth 2023-2028 (%)
- Data Table on Bath room - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape - 2023-2028 (%)
- Data Table on Market share By Geographical Landscape - 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.4 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.5 Mexico - Market size and forecast 2023-2028
- Chart on Mexico - Market size and forecast 2023-2028 ($ million)
- Data Table on Mexico - Market size and forecast 2023-2028 ($ million)
- Chart on Mexico - Year-over-year growth 2023-2028 (%)
- Data Table on Mexico - Year-over-year growth 2023-2028 (%)
9.6 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Table on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Backer Hotwatt Inc.
- Backer Hotwatt Inc. - Overview
- Backer Hotwatt Inc. - Product / Service
- Backer Hotwatt Inc. - Key offerings
12.4 Crane USA
- Crane USA - Overview
- Crane USA - Product / Service
- Crane USA - Key offerings
12.5 Daikin Industries Ltd.
- Daikin Industries Ltd. - Overview
- Daikin Industries Ltd. - Business segments
- Daikin Industries Ltd. - Key news
- Daikin Industries Ltd. - Key offerings
- Daikin Industries Ltd. - Segment focus
12.6 Devco Heaters
- Devco Heaters - Overview
- Devco Heaters - Product / Service
- Devco Heaters - Key offerings
12.7 Heatrex
- Heatrex - Overview
- Heatrex - Product / Service
- Heatrex - Key offerings
12.8 Honeywell International Inc.
- Honeywell International Inc. - Overview
- Honeywell International Inc. - Business segments
- Honeywell International Inc. - Key news
- Honeywell International Inc. - Key offerings
- Honeywell International Inc. - Segment focus
12.9 Lasko Products LLC
- Lasko Products LLC - Overview
- Lasko Products LLC - Product / Service
- Lasko Products LLC - Key offerings
12.10 Newell Brands Inc.
- Newell Brands Inc. - Overview
- Newell Brands Inc. - Business segments
- Newell Brands Inc. - Key news
- Newell Brands Inc. - Key offerings
- Newell Brands Inc. - Segment focus
12.11 Pelonis Technologies Inc.
- Pelonis Technologies Inc. - Overview
- Pelonis Technologies Inc. - Product / Service
- Pelonis Technologies Inc. - Key offerings
12.12 SUNHEAT International
- SUNHEAT International - Overview
- SUNHEAT International - Product / Service
- SUNHEAT International - Key offerings
12.13 Tempco Electric Heater Corp.
- Tempco Electric Heater Corp. - Overview
- Tempco Electric Heater Corp. - Product / Service
- Tempco Electric Heater Corp. - Key offerings
12.14 TURNBULL SPECIALTIES Ltd.
- TURNBULL SPECIALTIES Ltd. - Overview
- TURNBULL SPECIALTIES Ltd. - Product / Service
- TURNBULL SPECIALTIES Ltd. - Key offerings
12.15 Ulanet
- Ulanet - Overview
- Ulanet - Product / Service
- Ulanet - Key offerings
12.16 Valad Electric Heating Corp.
- Valad Electric Heating Corp. - Overview
- Valad Electric Heating Corp. - Product / Service
- Valad Electric Heating Corp. - Key offerings
12.17 Vornado Air LLC
- Vornado Air LLC - Overview
- Vornado Air LLC - Product / Service
- Vornado Air LLC - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations