The global electric fireplace market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for electric fireplaces in residential and commercial applications. The increasing demand for energy-efficient products is also driving the growth of this market.
- The increasing demand for electric fireplaces is due to the fact that they are more efficient than traditional fireplaces.
- The increasing demand for electric fireplaces is also due to the fact that they are safer than traditional fireplaces, as there is no risk of a chimney or gas leak.
- The increasing demand for electric fireplaces is also due to the fact that they are cheaper than traditional fireplace, as there is no need for installation and maintenance costs associated with a chimney or gas leak.
- The increasing demand for electric fireplace can be attributed to their ability to heat up an entire room in minutes, which makes them perfect during winter months when it's cold outside and you want your home warm and cozy inside without having to turn on your central heating system all day long just so you can have a warm house at night when you get home from work or school.
- Lastly, the increased demand of electric fireplace can be attributed to their ability to provide ambiance without any smoke or odor.
Industry Growth Insights published a new data on “Electric Fireplace Market”. The research report is titled “Electric Fireplace Market research by Types (Wall Mount Electric Fireplaces, Built-In Electric Fireplaces, Freestanding Electric Fireplaces), By Applications (House Use, Hotel Use, Other Place Use), By Players/Companies GLEN DIMPLEX, SEI, Buck Stove, Twin-Star International, Allen, Napoleon, Kent Fireplace, Adam, Jetmaster, Fuerjia, Rui Dressing, GHP Group Inc., BTB, Boge Technology, RICHEN, Saintec, Hubei Ruolin, Paite, Andong, Ruitian Industry”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Fireplace Market Research Report
By Type
Wall Mount Electric Fireplaces, Built-In Electric Fireplaces, Freestanding Electric Fireplaces
By Application
House Use, Hotel Use, Other Place Use
By Companies
GLEN DIMPLEX, SEI, Buck Stove, Twin-Star International, Allen, Napoleon, Kent Fireplace, Adam, Jetmaster, Fuerjia, Rui Dressing, GHP Group Inc., BTB, Boge Technology, RICHEN, Saintec, Hubei Ruolin, Paite, Andong, Ruitian Industry
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Electric Fireplace Market Report Segments:
The global Electric Fireplace market is segmented on the basis of:
Types
Wall Mount Electric Fireplaces, Built-In Electric Fireplaces, Freestanding Electric Fireplaces
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
House Use, Hotel Use, Other Place Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GLEN DIMPLEX
- SEI
- Buck Stove
- Twin-Star International
- Allen
- Napoleon
- Kent Fireplace
- Adam
- Jetmaster
- Fuerjia
- Rui Dressing
- GHP Group Inc.
- BTB
- Boge Technology
- RICHEN
- Saintec
- Hubei Ruolin
- Paite
- Andong
- Ruitian Industry
Highlights of The Electric Fireplace Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wall Mount Electric Fireplaces
- Built-In Electric Fireplaces
- Freestanding Electric Fireplaces
- By Application:
- House Use
- Hotel Use
- Other Place Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Fireplace Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electric fireplace is a type of fireplace that uses electricity to heat the air inside the fireplace.
Some of the major companies in the electric fireplace market are GLEN DIMPLEX, SEI, Buck Stove, Twin-Star International, Allen, Napoleon, Kent Fireplace, Adam, Jetmaster, Fuerjia, Rui Dressing, GHP Group Inc., BTB, Boge Technology, RICHEN, Saintec, Hubei Ruolin, Paite, Andong, Ruitian Industry.
The electric fireplace market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Fireplace Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Fireplace Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Fireplace Market - Supply Chain
4.5. Global Electric Fireplace Market Forecast
4.5.1. Electric Fireplace Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Fireplace Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Fireplace Market Absolute $ Opportunity
5. Global Electric Fireplace Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Fireplace Market Size and Volume Forecast by Type
5.3.1. Wall Mount Electric Fireplaces
5.3.2. Built-In Electric Fireplaces
5.3.3. Freestanding Electric Fireplaces
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Fireplace Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Fireplace Market Size and Volume Forecast by Application
6.3.1. House Use
6.3.2. Hotel Use
6.3.3. Other Place Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Fireplace Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Fireplace Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Fireplace Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Fireplace Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Fireplace Demand Share Forecast, 2019-2026
9. North America Electric Fireplace Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Fireplace Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Fireplace Market Size and Volume Forecast by Application
9.4.1. House Use
9.4.2. Hotel Use
9.4.3. Other Place Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Fireplace Market Size and Volume Forecast by Type
9.7.1. Wall Mount Electric Fireplaces
9.7.2. Built-In Electric Fireplaces
9.7.3. Freestanding Electric Fireplaces
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Fireplace Demand Share Forecast, 2019-2026
10. Latin America Electric Fireplace Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Fireplace Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Fireplace Market Size and Volume Forecast by Application
10.4.1. House Use
10.4.2. Hotel Use
10.4.3. Other Place Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Fireplace Market Size and Volume Forecast by Type
10.7.1. Wall Mount Electric Fireplaces
10.7.2. Built-In Electric Fireplaces
10.7.3. Freestanding Electric Fireplaces
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Fireplace Demand Share Forecast, 2019-2026
11. Europe Electric Fireplace Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Fireplace Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Fireplace Market Size and Volume Forecast by Application
11.4.1. House Use
11.4.2. Hotel Use
11.4.3. Other Place Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Fireplace Market Size and Volume Forecast by Type
11.7.1. Wall Mount Electric Fireplaces
11.7.2. Built-In Electric Fireplaces
11.7.3. Freestanding Electric Fireplaces
11.8. Basis Point Share (BP) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Fireplace Demand Share, 2019-2026
12. Asia Pacific Electric Fireplace Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Fireplace Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Fireplace Market Size and Volume Forecast by Application
12.4.1. House Use
12.4.2. Hotel Use
12.4.3. Other Place Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Fireplace Market Size and Volume Forecast by Type
12.7.1. Wall Mount Electric Fireplaces
12.7.2. Built-In Electric Fireplaces
12.7.3. Freestanding Electric Fireplaces
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Fireplace Demand Share, 2019-2026
13. Middle East & Africa Electric Fireplace Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Fireplace Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Fireplace Market Size and Volume Forecast by Application
13.4.1. House Use
13.4.2. Hotel Use
13.4.3. Other Place Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Fireplace Market Size and Volume Forecast by Type
13.7.1. Wall Mount Electric Fireplaces
13.7.2. Built-In Electric Fireplaces
13.7.3. Freestanding Electric Fireplaces
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Fireplace Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Fireplace Market: Market Share Analysis
14.2. Electric Fireplace Distributors and Customers
14.3. Electric Fireplace Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GLEN DIMPLEX
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SEI
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Buck Stove
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Twin-Star International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Allen
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Napoleon
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kent Fireplace
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Adam
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jetmaster
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fuerjia
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Rui Dressing
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. GHP Group Inc.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. BTB
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Boge Technology
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. RICHEN
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Saintec
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Hubei Ruolin
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Paite
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Andong
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Ruitian Industry
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
