Patio Heaters Market 2024-2028
The patio heaters market is forecasted to grow by USD 998.1 mn during 2023-2028, accelerating at a CAGR of 8.8% during the forecast period. The report on the patio heaters market 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 innovation and portfolio extensions leading to product premiumization, increasing demand for patio heaters in commercial and residential spaces, and expansion of global construction industry.
Technavio's patio heaters market is segmented as below:
- By Product
- Gas patio heaters
- Electric patio heaters
- By End-user
- Commercial user
- Residential user
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the technological advancements in patio heaters as one of the prime reasons driving the patio heaters market growth during the next few years. Also, advent of eco-friendly patio heaters and expansion of distribution channels will lead to sizable demand in the market.
The report on the patio heaters market covers the following areas:
- Patio Heaters Market sizing
- Patio Heaters Market forecast
- Patio Heaters Market 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 patio heaters market vendors that include AEI Corp., AZ Patio Heaters and Replacement Parts, Blue Rhino, Bromic Group, Calcana Industries, Chillchaser Ltd., Crown Verity Inc., Cukurova Heat Joint Stock Co., Glen Dimplex Group., Inforesight Consumer Products Inc., Infratech, Lava Heat Italia, Lynx Grills Inc., Schwank, Somany Home Innovation Ltd., Sunglow Industries Inc., Sunpakheater, Symo Nv, and Tansun Ltd.. Also, the patio heaters market 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 primary and secondary research. 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 accurate market growth.