Global Electric Fireplaces Market Research Report 2024(Status and Outlook)

Global Electric Fireplaces Market Research Report 2024(Status and Outlook)



Report Overview:

An Electric Fireplace is an electric heater that mimics a fireplace burning coal, wood, or natural gas. Electric Fireplaces are often placed in conventional fireplaces, which can then no longer be used for conventional fires. They plug into the Freestanding Electric Fireplaces, and can run on a ""flame only"" setting, or can be used as a heater, typically consuming 1.4-1.6 kW that can heat a 400 sq ft (37 m2) room.

The Global Electric Fireplaces Market Size was estimated at USD 4656.80 million in 2023 and is projected to reach USD 5724.40 million by 2029, exhibiting a CAGR of 3.50% during the forecast period.

This report provides a deep insight into the global Electric Fireplaces market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Electric Fireplaces Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Electric Fireplaces market in any manner.

Global Electric Fireplaces Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

GLEN DIMPLEX

SEI

Buck Stove

Twin-Star International

Allen

Napoleon

Kent Fireplace

Adam

Jetmaster

Fuerjia

Rui Dressing

GHP Group Inc.

BTB

Boge Technology

RICHEN

Saintec

Hubei Ruolin

Paite

Andong

Ruitian Industry

Market Segmentation (by Type)

Wall Mount Electric Fireplaces

Built-In Electric Fireplaces

Freestanding Electric Fireplaces

Market Segmentation (by Application)

House Use

Hotel Use

Other Place Use

Geographic SegmentationNorth America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
    • Key Benefits of This Market Research:
    Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Electric Fireplaces Market
  • Overview of the regional outlook of the Electric Fireplaces Market:
    • Key Reasons to Buy this Report:
    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
    • Customization of the Report

      In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

      Note: this report may need to undergo a final check or review and this could take about 48 hours.

      Chapter Outline

      Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

      Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Electric Fireplaces Market and its likely evolution in the short to mid-term, and long term.

      Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

      Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

      Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

      Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

      Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

      Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

      Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

      Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

      Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

      Chapter 12 is the main points and conclusions of the report.

  • 1 Research Methodology and Statistical Scope
    1.1 Market Definition and Statistical Scope of Electric Fireplaces
    1.2 Key Market Segments
    1.2.1 Electric Fireplaces Segment by Type
    1.2.2 Electric Fireplaces Segment by Application
    1.3 Methodology & Sources of Information
    1.3.1 Research Methodology
    1.3.2 Research Process
    1.3.3 Market Breakdown and Data Triangulation
    1.3.4 Base Year
    1.3.5 Report Assumptions & Caveats
    2 Electric Fireplaces Market Overview
    2.1 Global Market Overview
    2.1.1 Global Electric Fireplaces Market Size (M USD) Estimates and Forecasts (2019-2030)
    2.1.2 Global Electric Fireplaces Sales Estimates and Forecasts (2019-2030)
    2.2 Market Segment Executive Summary
    2.3 Global Market Size by Region
    3 Electric Fireplaces Market Competitive Landscape
    3.1 Global Electric Fireplaces Sales by Manufacturers (2019-2024)
    3.2 Global Electric Fireplaces Revenue Market Share by Manufacturers (2019-2024)
    3.3 Electric Fireplaces Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    3.4 Global Electric Fireplaces Average Price by Manufacturers (2019-2024)
    3.5 Manufacturers Electric Fireplaces Sales Sites, Area Served, Product Type
    3.6 Electric Fireplaces Market Competitive Situation and Trends
    3.6.1 Electric Fireplaces Market Concentration Rate
    3.6.2 Global 5 and 10 Largest Electric Fireplaces Players Market Share by Revenue
    3.6.3 Mergers & Acquisitions, Expansion
    4 Electric Fireplaces Industry Chain Analysis
    4.1 Electric Fireplaces Industry Chain Analysis
    4.2 Market Overview of Key Raw Materials
    4.3 Midstream Market Analysis
    4.4 Downstream Customer Analysis
    5 The Development and Dynamics of Electric Fireplaces Market
    5.1 Key Development Trends
    5.2 Driving Factors
    5.3 Market Challenges
    5.4 Market Restraints
    5.5 Industry News
    5.5.1 New Product Developments
    5.5.2 Mergers & Acquisitions
    5.5.3 Expansions
    5.5.4 Collaboration/Supply Contracts
    5.6 Industry Policies
    6 Electric Fireplaces Market Segmentation by Type
    6.1 Evaluation Matrix of Segment Market Development Potential (Type)
    6.2 Global Electric Fireplaces Sales Market Share by Type (2019-2024)
    6.3 Global Electric Fireplaces Market Size Market Share by Type (2019-2024)
    6.4 Global Electric Fireplaces Price by Type (2019-2024)
    7 Electric Fireplaces Market Segmentation by Application
    7.1 Evaluation Matrix of Segment Market Development Potential (Application)
    7.2 Global Electric Fireplaces Market Sales by Application (2019-2024)
    7.3 Global Electric Fireplaces Market Size (M USD) by Application (2019-2024)
    7.4 Global Electric Fireplaces Sales Growth Rate by Application (2019-2024)
    8 Electric Fireplaces Market Segmentation by Region
    8.1 Global Electric Fireplaces Sales by Region
    8.1.1 Global Electric Fireplaces Sales by Region
    8.1.2 Global Electric Fireplaces Sales Market Share by Region
    8.2 North America
    8.2.1 North America Electric Fireplaces Sales by Country
    8.2.2 U.S.
    8.2.3 Canada
    8.2.4 Mexico
    8.3 Europe
    8.3.1 Europe Electric Fireplaces Sales by Country
    8.3.2 Germany
    8.3.3 France
    8.3.4 U.K.
    8.3.5 Italy
    8.3.6 Russia
    8.4 Asia Pacific
    8.4.1 Asia Pacific Electric Fireplaces Sales by Region
    8.4.2 China
    8.4.3 Japan
    8.4.4 South Korea
    8.4.5 India
    8.4.6 Southeast Asia
    8.5 South America
    8.5.1 South America Electric Fireplaces Sales by Country
    8.5.2 Brazil
    8.5.3 Argentina
    8.5.4 Columbia
    8.6 Middle East and Africa
    8.6.1 Middle East and Africa Electric Fireplaces Sales by Region
    8.6.2 Saudi Arabia
    8.6.3 UAE
    8.6.4 Egypt
    8.6.5 Nigeria
    8.6.6 South Africa
    9 Key Companies Profile
    9.1 GLEN DIMPLEX
    9.1.1 GLEN DIMPLEX Electric Fireplaces Basic Information
    9.1.2 GLEN DIMPLEX Electric Fireplaces Product Overview
    9.1.3 GLEN DIMPLEX Electric Fireplaces Product Market Performance
    9.1.4 GLEN DIMPLEX Business Overview
    9.1.5 GLEN DIMPLEX Electric Fireplaces SWOT Analysis
    9.1.6 GLEN DIMPLEX Recent Developments
    9.2 SEI
    9.2.1 SEI Electric Fireplaces Basic Information
    9.2.2 SEI Electric Fireplaces Product Overview
    9.2.3 SEI Electric Fireplaces Product Market Performance
    9.2.4 SEI Business Overview
    9.2.5 SEI Electric Fireplaces SWOT Analysis
    9.2.6 SEI Recent Developments
    9.3 Buck Stove
    9.3.1 Buck Stove Electric Fireplaces Basic Information
    9.3.2 Buck Stove Electric Fireplaces Product Overview
    9.3.3 Buck Stove Electric Fireplaces Product Market Performance
    9.3.4 Buck Stove Electric Fireplaces SWOT Analysis
    9.3.5 Buck Stove Business Overview
    9.3.6 Buck Stove Recent Developments
    9.4 Twin-Star International
    9.4.1 Twin-Star International Electric Fireplaces Basic Information
    9.4.2 Twin-Star International Electric Fireplaces Product Overview
    9.4.3 Twin-Star International Electric Fireplaces Product Market Performance
    9.4.4 Twin-Star International Business Overview
    9.4.5 Twin-Star International Recent Developments
    9.5 Allen
    9.5.1 Allen Electric Fireplaces Basic Information
    9.5.2 Allen Electric Fireplaces Product Overview
    9.5.3 Allen Electric Fireplaces Product Market Performance
    9.5.4 Allen Business Overview
    9.5.5 Allen Recent Developments
    9.6 Napoleon
    9.6.1 Napoleon Electric Fireplaces Basic Information
    9.6.2 Napoleon Electric Fireplaces Product Overview
    9.6.3 Napoleon Electric Fireplaces Product Market Performance
    9.6.4 Napoleon Business Overview
    9.6.5 Napoleon Recent Developments
    9.7 Kent Fireplace
    9.7.1 Kent Fireplace Electric Fireplaces Basic Information
    9.7.2 Kent Fireplace Electric Fireplaces Product Overview
    9.7.3 Kent Fireplace Electric Fireplaces Product Market Performance
    9.7.4 Kent Fireplace Business Overview
    9.7.5 Kent Fireplace Recent Developments
    9.8 Adam
    9.8.1 Adam Electric Fireplaces Basic Information
    9.8.2 Adam Electric Fireplaces Product Overview
    9.8.3 Adam Electric Fireplaces Product Market Performance
    9.8.4 Adam Business Overview
    9.8.5 Adam Recent Developments
    9.9 Jetmaster
    9.9.1 Jetmaster Electric Fireplaces Basic Information
    9.9.2 Jetmaster Electric Fireplaces Product Overview
    9.9.3 Jetmaster Electric Fireplaces Product Market Performance
    9.9.4 Jetmaster Business Overview
    9.9.5 Jetmaster Recent Developments
    9.10 Fuerjia
    9.10.1 Fuerjia Electric Fireplaces Basic Information
    9.10.2 Fuerjia Electric Fireplaces Product Overview
    9.10.3 Fuerjia Electric Fireplaces Product Market Performance
    9.10.4 Fuerjia Business Overview
    9.10.5 Fuerjia Recent Developments
    9.11 Rui Dressing
    9.11.1 Rui Dressing Electric Fireplaces Basic Information
    9.11.2 Rui Dressing Electric Fireplaces Product Overview
    9.11.3 Rui Dressing Electric Fireplaces Product Market Performance
    9.11.4 Rui Dressing Business Overview
    9.11.5 Rui Dressing Recent Developments
    9.12 GHP Group Inc.
    9.12.1 GHP Group Inc. Electric Fireplaces Basic Information
    9.12.2 GHP Group Inc. Electric Fireplaces Product Overview
    9.12.3 GHP Group Inc. Electric Fireplaces Product Market Performance
    9.12.4 GHP Group Inc. Business Overview
    9.12.5 GHP Group Inc. Recent Developments
    9.13 BTB
    9.13.1 BTB Electric Fireplaces Basic Information
    9.13.2 BTB Electric Fireplaces Product Overview
    9.13.3 BTB Electric Fireplaces Product Market Performance
    9.13.4 BTB Business Overview
    9.13.5 BTB Recent Developments
    9.14 Boge Technology
    9.14.1 Boge Technology Electric Fireplaces Basic Information
    9.14.2 Boge Technology Electric Fireplaces Product Overview
    9.14.3 Boge Technology Electric Fireplaces Product Market Performance
    9.14.4 Boge Technology Business Overview
    9.14.5 Boge Technology Recent Developments
    9.15 RICHEN
    9.15.1 RICHEN Electric Fireplaces Basic Information
    9.15.2 RICHEN Electric Fireplaces Product Overview
    9.15.3 RICHEN Electric Fireplaces Product Market Performance
    9.15.4 RICHEN Business Overview
    9.15.5 RICHEN Recent Developments
    9.16 Saintec
    9.16.1 Saintec Electric Fireplaces Basic Information
    9.16.2 Saintec Electric Fireplaces Product Overview
    9.16.3 Saintec Electric Fireplaces Product Market Performance
    9.16.4 Saintec Business Overview
    9.16.5 Saintec Recent Developments
    9.17 Hubei Ruolin
    9.17.1 Hubei Ruolin Electric Fireplaces Basic Information
    9.17.2 Hubei Ruolin Electric Fireplaces Product Overview
    9.17.3 Hubei Ruolin Electric Fireplaces Product Market Performance
    9.17.4 Hubei Ruolin Business Overview
    9.17.5 Hubei Ruolin Recent Developments
    9.18 Paite
    9.18.1 Paite Electric Fireplaces Basic Information
    9.18.2 Paite Electric Fireplaces Product Overview
    9.18.3 Paite Electric Fireplaces Product Market Performance
    9.18.4 Paite Business Overview
    9.18.5 Paite Recent Developments
    9.19 Andong
    9.19.1 Andong Electric Fireplaces Basic Information
    9.19.2 Andong Electric Fireplaces Product Overview
    9.19.3 Andong Electric Fireplaces Product Market Performance
    9.19.4 Andong Business Overview
    9.19.5 Andong Recent Developments
    9.20 Ruitian Industry
    9.20.1 Ruitian Industry Electric Fireplaces Basic Information
    9.20.2 Ruitian Industry Electric Fireplaces Product Overview
    9.20.3 Ruitian Industry Electric Fireplaces Product Market Performance
    9.20.4 Ruitian Industry Business Overview
    9.20.5 Ruitian Industry Recent Developments
    10 Electric Fireplaces Market Forecast by Region
    10.1 Global Electric Fireplaces Market Size Forecast
    10.2 Global Electric Fireplaces Market Forecast by Region
    10.2.1 North America Market Size Forecast by Country
    10.2.2 Europe Electric Fireplaces Market Size Forecast by Country
    10.2.3 Asia Pacific Electric Fireplaces Market Size Forecast by Region
    10.2.4 South America Electric Fireplaces Market Size Forecast by Country
    10.2.5 Middle East and Africa Forecasted Consumption of Electric Fireplaces by Country
    11 Forecast Market by Type and by Application (2025-2030)
    11.1 Global Electric Fireplaces Market Forecast by Type (2025-2030)
    11.1.1 Global Forecasted Sales of Electric Fireplaces by Type (2025-2030)
    11.1.2 Global Electric Fireplaces Market Size Forecast by Type (2025-2030)
    11.1.3 Global Forecasted Price of Electric Fireplaces by Type (2025-2030)
    11.2 Global Electric Fireplaces Market Forecast by Application (2025-2030)
    11.2.1 Global Electric Fireplaces Sales (K Units) Forecast by Application
    11.2.2 Global Electric Fireplaces Market Size (M USD) Forecast by Application (2025-2030)
    12 Conclusion and Key Findings

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