Global hearth market is expected to register a steady CAGR of 3.51% in the forecast period of 2019-2026
The Major players profiled in this report include Hearth & Home Technologies, Innovative Hearth Products, Travis Industries Inc., FPI Fireplace Products International Ltd., Napoleon Fireplaces, Empire Comfort Systems Inc, Hearth Products Controls Co., Montigo., HearthStone Quality Home Heating Products Inc., Pacific Energy, R.H. Peterson Co., European Home, Barbas Bellfires, Element4,others
Competitive Rivalry-: The Hearth report incorporates the detailed analysis of the leading organizations and their thought process and what are the methodologies they are adopting to maintain their brand image in this market. The report aides the new bees to understand the level of competition that they need to fight for to strengthen their roots in this competitive market.
Conducts Overall HEARTH Market Segmentation: This knowledgeable market research report offers lucrative opportunities by breaking down complex market data into segments on the basis of –
- By Fuel Type (Wood, Gas, Electricity, Pellet),
- Product (Fireplace, Stove, Insert),
- Design (Traditional Hearth, Modern Hearth), Placement (Indoor Hearth, Outdoor Hearth, Portable Hearth),
- Application (Residential, Commercial, Hospitality, Institutional),
- Technology (Direct Vent Technology, Intermittent Pilot Ignition System, Zone Heating Technology, Smart Home Integration, Others)
The HEARTH report covers market shares for global, Europe, North America, Asia Pacific and South America. The analysis of this report has been used to examine various segments that are relied upon to witness the quickest development based on the estimated forecast frame.
After reading the Hearth market report, readers can:
- Understand the drivers, restraints, opportunities and trends affecting the growth of the global Hearth market.
- Analyze key regions holding significant share of the total Hearth market revenue.
- Study the growth outlook of the global Hearth market scenario, including production, consumption, history and forecast.
- Learn consumption pattern and impact of each end use on the Hearth market growth.
Investigate the recent R&D projects performed by each Hearth market player.
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Hearth can be defined as a stone that is used for the purpose of heating as well as to maintain the room temperature in the cold weather. It is made up of non- combustible material that protects your home’s floor from radiant heat, and burning logs that may come from the fireplace. It can be used with different type of fuels such as gas, electricity, wood and others. They are usually integrated with technology such as zone heating technology, intermittent pilot ignition system, smart home integration, and direct vent technology.
Key Developments in the Market:
In June 2019, Teddington announced the launch of their new fire gas product which contains 2.4in TFT LCD colour screen, alert system, a timer, and electric LED under-bed lighting system. This system allows the user to easily control their gas fire. It provides flexibility to the consumer as there is no location barriers and easy to use. It includes Wi-Fi connection that can increase the connection range and an electric led that increase the burning effect of wood
In May 2019, Kemwell Fire International Limited launched a new fireplace lining system Kemwell FPL Fireplace Lining Calcium Silicate Board that is designed for stoves, cassette and inset fireplaces. It is easy to handle, safe and reliable. It can resist a temperature up to 1000°C and will remain stable. They ensure the householder safety by maintaining HETAS standard for the product selection and correct installation
Highlights following MARKET DRIVERS AND RESTRAINT:
- Growing popularity for appealing workplace and houses is another factor boosting this market growth
- Technological advancement and development in hearth technologies is also expected to enhance the market growth
- Availability of substitutes in the market restricts the growth of the market
- Strict regulation associated with environment regulations is another reason that hampers the market growth
There are 13 Chapters to thoroughly display the Hearth market.
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 Hearth market Size by Regions
6 Sales Channel, Distributors, Traders and Dealers
7 North America Hearth Revenue by Countries
8 Europe Hearth Revenue by Countries
9 Asia-Pacific Hearth Revenue by Countries
10 South America Hearth Revenue by Countries
11 Middle East and Africa Revenue Hearth by Countries
12 International Players Profiles
13 Market Forecast 2019-2026
14 Analyst’s Viewpoints/Conclusions
15 Appendix
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Data Bridge Market Research
She had worked with many corporates prior to joining research
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