Global Electric Space Heater Market Growth 2023-2029

Global Electric Space Heater Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Electric Space Heater Industry Forecast” looks at past sales and reviews total world Electric Space Heater sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Space Heater sales for 2023 through 2029. With Electric Space Heater sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Space Heater industry.
This Insight Report provides a comprehensive analysis of the global Electric Space Heater landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Space Heater portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Space Heater market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Space Heater and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Space Heater.
The global Electric Space Heater market size is projected to grow from US$ 2702.7 million in 2022 to US$ 3187.7 million in 2029; it is expected to grow at a CAGR of 3187.7 from 2023 to 2029.
Global key players of Electric Space Heater include GlenDimplex, Midea Group, etc. Global top 3 companies hold a share over 20%. North America is the largest market, with a share about 40%, followed by China and Europe with the share about 30% and 20%. In terms of product, Convector Heater is the largest segment, with a share over 90%. And in terms of application, the largest application is Residential use, with a share about 85%.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Space Heater market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Convector Heater
Radiant Heater
Segmentation by application
Residential
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GlenDimplex
Midea Group
Hearth & Home Technologies
Singfun
Panasonic
Thermor
Twin-Star International
Gree
Airmate
De'Longhi
Noirot
Lasko
Stiebel Eltron
Zehnder Group
TCL
Haier
Aux Group
Ningbo Kadeer Electrical Appliances
FOSHAN SHUNDE HONGJIN ELECTRIC CO., LTD
Smartmi
Changhong

Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Space Heater market?
What factors are driving Electric Space Heater market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Space Heater market opportunities vary by end market size?
How does Electric Space Heater break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.