Outdoor Heating Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Outdoor Heating Market
The Outdoor Heating Market Size was valued at USD 1.27 billion in 2023, and the Market is now projected to grow from USD 1.33 billion in 2024 to USD 2.15 billion by 2032, exhibiting a CAGR of 6.1% during the forecast period of 2024-2032.
As the pandemic season unfolded, people reacted in a way that affected the market and the range of goods provided. Due to limitations in the causes to assemble indoors, there was a need to have other efficient heaters for people to gather and take meals outside. This trend was particularly noticeable in catering and hospitality businesses that made sure to purchase heaters to ensure the gardens and terraces, for example, remained functional during winter months, impeding the rise of Outdoor Heating Market Growth.
The demand for Colour Cosmetics has risen due to the Increasing demand for outdoor heaters in commercial spaces, resulting in the expansion of Outdoor Heating Market share globally. The feature of outdoor dining along with the general change in people’s preferences toward the augmentation of open air-oriented socialization has created higher demand for outdoor heating. Outdoor heaters, which have become rather popular during the warmer seasons, are used by restaurants, cafes, and bars because of the rather unexpected changes in the climate; the need for a continuation of outdoor dining has become a concern due to COVID-19.
Additionally, Growth in environmental consciousness and the enactment of laws and rules in line with sustainable development norms are the factors that promote energy-conserving and environment-sensitive outdoor heat sources. Specifically electric heaters together with low-emission gas heaters are being embraced more as they are sustainable. Some of the innovations include erecting heaters with higher efficiency and heaters that utilize renewable energy sources.
Comprehensive Analysis of Outdoor Heating Market
The Outdoor Heating Market is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the Machinery & Equipment Industry. These Segmentations are methodically segregated by product type, by fuel type and by Application. The Product includes Freestanding, Tabletop, Wall Mounted, Hanging. The Fuel Type includes Electric, Gas/Propane, and others. However, The Application includes Catering & Hospitality, Commercial & Industrial Space Heating, residential Outdoors, Indoor Agriculture/Livestock Brooder.
The North America Region leads the Outdoor Heating Market by benefitting a market size of USD 0.58 billion in 2023 due to burgeoning commercial and residential construction endeavors in the US and Canada, where these heaters find extensive application.
The top players in the market play a crucial role in the Machinery & Equipment Industry assuring industrial prospectus growth and setting market standards. These players include Infratech (US), Lava Heat Italia (US), Bromic (US), Calcana (Canada), Ambience (US), Fire sense (US), Schwank (US), AZ Patio Heaters (US), Napoleon (Canada), Davya (US), Lynx Grills (US). These market players provide a level playing competitive landscape.
In February 2024, Heatsail introduced TWIG, its newest outdoor heating solution, featuring a harmonious fusion of stylish design, space saving form factor, and practically, tailored for both residential and commercial environments.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 6.1% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Product Type
Freestanding
Tabletop
Wall Mounted
Hanging
By Fuel Type
Electric
Gas/Propane
Others (Wood)
By Application
Catering & Hospitality
Commercial & Industrial Space Heating
Residential Outdoors
Indoor Agriculture/Livestock Brooder
By Region
North America (By Product Type, By Fuel Type, By Application, and By Country)
- U.S. (By Fuel Type)
- Canada (By Fuel Type)
- Mexico (By Fuel Type)
Europe (By Product Type, By Fuel Type, By Application, and By Country)
- U.K. (By Fuel Type)
- Germany (By Fuel Type)
- France (By Fuel Type)
- Italy (By Fuel Type)
- Spain (By Fuel Type)
- Russia (By Fuel Type)
- Benelux (By Fuel Type)
- Nordics (By Fuel Type)
- Rest of Europe
Asia Pacific (By Product Type, By Fuel Type, By Application, and By Country)
- China (By Fuel Type)
- India (By Fuel Type)
- Japan (By Fuel Type)
- South Korea (By Fuel Type)
- ASEAN (By Fuel Type)
- Australia (By Fuel Type)
- Rest of Asia Pacific
Middle East & Africa (By Product Type, By Fuel Type, By Application, and By Country)
- GCC (By Fuel Type)
- South Africa (By Fuel Type)
- Rest of the Middle East and Africa
South America (By Product Type, By Fuel Type, By Application, and By Country)
- Brazil (By Fuel Type)
- Argentina (By Fuel Type)
- Columbia (By Fuel Type)
- Rest of South America
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