Space/room heaters are electric equipment that are used to heat a small area. They are also used as a complementary heat source to the central heating system to facilitate zonal heating and minimize energy costs. Most smart room heaters available in the market are portable, compact, and lightweight. Smart room heaters that feature Wi-Fi connectivity can be remotely operated using mobile apps.
The specialty retail stores segment accounted for the majority of market share during 2017 and will continue to dominate the market for the next few years. Some of the major factors responsible for the growing preference for this segment is the availability of a large variety of brands, brand specific or multi-branded, offering similar types of products across all outlets, and a wide range of options in electronic appliances.
Based on the smart room heater industry analysis, the smart room heaters with connectivity is one of the fastest growing segments of the market and will continue to grow for the next few years. Since customers are increasingly looking for room heaters that are app-based that can be operated remotely through smart devices, the segment will witness strong growth in the near future.
The report outlines the development of diverse regions and countries by including the market size, volume and value. It also contains the manufacturers data such as batch, price revenue, profit, interview record and business distributors.
The Smart Room Heaters market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In global market, the following companies are covered:
DeLonghi
Honeywell International
Crane USA
Jarden Consumer Solutions
Lasko Products
Dyson
American Comfort
Dr. Infrared Heater
Sunheat International
Market Segment by Product Type:
Smart Room Heaters without Connectivity
Smart Room Heaters with Connectivity
Market Segment by Application
Specialty Retailers
Department Stores
Hypermarkets
Other
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the companys product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Smart Room Heaters market for the forecast period 2020 - 2025?
• What are the driving forces in the Smart Room Heaters market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Smart Room Heaters industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?