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Hearth Market:Executive Summary
The global hearth market is projected to expand at a CAGR of 2.03% over the forecast period to grow to US$11.379 billion by 2022, increasing from US$10.293 billion in 2017. Hearths are one of the oldest forms of space heating appliance. Earlier used for domestic purposes now they have found application in wider areas such as creating relaxing and comfortable ambience in non-domestic buildings. The average increase in disposable income, improving lifestyle and demand for modernized infrastructure has raised the demand for aesthetic home decor among the customer which, in turn, has further spurred the demand for Hearth. Furthermore, growing global tourism industry has augmented the demand for hearth system within hospitality and leisure sector. Extremely cold climatic conditions in several geographical areas are also boosting the demand of electric hearths in the major regional markets, as it is cost efficient, space efficient, easy to clean, and environment-friendly. However, traditional hearths are not eco-friendly and growing environmental sustainability concerns will hamper the market growth. Geographically, the hearth market is dominated by North America because of the presence of key players of global hearth market in the region.
Research Methodology
The report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segments which have been covered as part of the report.
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Market Dynamics
The next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges and opportunities which exist in the current market. This section of the report also provides global and regional regulations which are determining the market growth and industry value chain analysis of wind automation market. Complete industry analysis has also been covered through Porter’s five forces model as a part of this report section.
Competitive Insight
Competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are HNI Corporation, Travis Industries, Innovative Hearth Products, FPI Fireplace Products International, and Empire Comfort Systems among others.
Segmentation
The global hearth market has been segmented on the basis of fuel type, product, placement, design, end user, and geography as follows:
By Fuel type
Gas
Wood
Electric
Others
By Product
Insert
Stove
Fireplace
By Placement
Indoor
Outdoor
Portable
By Design
Traditional
Modern
By End User
Resident
Commercial
Hospitality
Others
By Geography
Americas
North America
South America
Europe Middle East and Africa
Europe
Middle East and Africa
Asia Pacific
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Table of Content:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Overview and Segmentation
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Porter's Five Forces
4.6. Supplier Outlook
4.7. Industry Outlook
4.8. Industry Value Chain Analysis
4.9. Scenario Analysis
5. Hearth Market Forecast by Fuel Type (US$ billion)
5.1. Gas
5.2. Wood
5.3. Electric
5.4. Others
6. Hearth Market Forecast by Product (US$ billion)
6.1. Insert
6.2. Stove
6.3. Fireplace
7. Hearth Market Forecast by Placement (US$ billion)
7.1. Indoor
7.2. Outdoor
7.3. Portable
8. Hearth Market Forecast by Design (US$ billion)
8.1. Traditional
8.2. Modern
9. Hearth Market Forecast by End User (US$ billion)
9.1. Resident
9.2. Commercial
9.3. Hospitality
9.4. Others
10. Hearth Market Forecast by Geography (US$ billion)
10.1. Americas
10.1.1. North America
10.1.2. South America
10.2. Europe Middle East and Africa
10.2.1. Europe
10.2.2. Middle East and Africa
10.3. Asia Pacific
11. Competitive Intelligence
11.1. Market Share of Key Players
11.2. Investment Analysis
11.3. Recent Deals
11.4. Strategies of Key Players
12. Company Profiles
12.1. FPI Fireplace Products International
12.2. Montigo
12.3. HNI Corporation
12.4. Empire Comfort Systems
12.5. Hearth Products Controls
12.6. Pacific Energy
12.7. Innovative Hearth Products
12.8. Napoleon Products
12.9. Travis Industries
12.10. Hearthstone Stoves
Continuous…
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