Space heaters are electrical equipment that are used to heat a small room. Space heaters are used as a complementary heat source in addition to the central heating system that facilitates zonal heating and minimizes energy costs. Fan heaters, ceramic heaters, radiant heaters, and convection heaters are the major types of space heaters.
During 2017, fan heaters dominated the product segment of the global space heaters market. According to this market research report, the region will account for the major market shares and continue to dominate the market throughout the predicted period as well.
In terms of geography, Europe led the global space heaters market during 2017 and is foreseen to continue the dominion during the forecast period. The investments of residential consumers on space heaters to supplement their centralized heating systems will be the major factor driving market growth over the next few years.
The Space Heaters Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.
The report offers detailed coverage of Space Heaters industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Space Heaters by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Space Heaters market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global Space Heaters market for 2015-2027.
Key Companies
Honeywell International
De'Longhi Appliances
Jarden Consumer Solutions
Lasko Products
Vornado Air
Dyson
Crane-USA
Sunheat International
Sunpentown International
Optimus Enterprise
Heat Storm
Space Heaters Market by Type
Fan Heaters
Panel Heaters
Space Heaters Market by Application
Commercial
Industrial
Residential
Space Heaters Market by Region
United States
Europe
China
Japan
Other Regions
Space Heaters Market Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
At the same time, we classify Space Heaters according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Space Heaters market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Space Heaters market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Space Heaters market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.
Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Space Heaters market for the forecast period 2021 - 2027?
• What are the driving forces in the Space Heaters market for the forecast period 2021 - 2027?
• 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 Space 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?
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