Electric Fireplaces is a kind of heating apparatuses used in home and hotel, especially when cold winter. It can support enough heat and you donÕt worry about fire, it is much safer than the wooden fireplaces.
Electric fireplaces work by using metal coils that are heated via electricity. Electric fireplaces are also constructed with an air blower near the coils. As a charge runs through the metal coils, they heat up from the current and a blower inside the fireplaces sends the warm air out.
Electric fireplaces are also efficient. They do not waste heat as over 99 percent of the warmth is sent out by the blowers. Due to the efficient distribution of heat, electric fireplaces are also safe to touch.
In terms of installation, electric fireplaces are exceptionally cheaper than real fireplaces. Real fireplaces require installation of chimneys, wall mounting and restructuring of the house. Electric fireplaces can stand alone and by themselves with little time spent putting them in place. Electric fireplaces can also have designs which simulate the look and feel of a real fireplace.
Scope of the Report:Market competition is fierce. GLEN DIMPLEX has a big share with 30.73 market share of total market followed by Twin-Star (17%). Other companies are in small scale. In addition, Rui Dressing and Fuerjia not only have their own brands but also provide OEM service for the foreign famous brands.
Briefly speaking, in the next few years, electric fireplaces industry will still be a highly energetic industry. Although sales of electric fireplaces brought a lot of opportunities, we recommend that the new entrants who just have money but without technical advantage and downstream support, do not to enter into the electric fireplaces field hastily.
The worldwide market for Electric Fireplaces is expected to grow at a CAGR of roughly 6.1% over the next five years, will reach 2910 million US$ in 2026, from 2050 million US$ in 2020, according to a new Our study.
This report focuses on the Electric Fireplaces in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers GLEN DIMPLEX
Twin-Star
Fuerjia
BTB
Allen
Napoleon
Rui Dressing
RICHEN
Saintec
Adam
Hubei Ruolin
Ritian Industry
Andong
SEI
GHP Group Inc
Jetmaster
Kent Fireplace
Buck Stove
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Freestanding Electric Fireplaces
Wall Electric Fireplace
Corner Electric Fireplace
Market Segment by Applications, can be divided into Home
Hotel
Other
The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Electric Fireplaces product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Electric Fireplaces, with price, sales, revenue and global market share of Electric Fireplaces in 2018 and 2019.
Chapter 3, the Electric Fireplaces competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Fireplaces breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Electric Fireplaces market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Electric Fireplaces sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
