Market Overview:
The global LED heater market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient heating solutions, growing awareness about LED heaters, and rising adoption of LED heaters in commercial and residential applications. The global LED heater market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into portable and mounted / fixed LED heaters. The portable LED heater segment is expected to grow at a higher CAGR during the forecast period as compared to other segments owing to its easy installation and portability features. On the basis of application, the globalLED heatermarketis divided into commercial, residential, industrialand agriculture applications.
Product Definition:
A LED Heater is a device that emits light in the visible spectrum and also generates heat. It is used to heat objects or areas. The importance of a LED Heater is that it can provide both heat and light, which can be useful in many applications.
Portable:
Portable is the new trend in the market and it's usage is increasing day by day. It can be used for various purposes like as a light source, heat source, fan, or just a decoration. The main factor that increases its demand is it's compact size that allows us to carry it around whereever we want.
Mounted / Fixed:
Mounted/Fixed Heaters are used in LED heaters to provide heat by radiation. These types of heaters can be fixed or mounted on the ceiling, wall or another object and they produce uniform warmth. They are available in different forms such as ceramic, electric and convection which differ according to their temperature control ability.
Application Insights:
The commercial application segment led the global LED heater market and accounted for more than 60.0% share of the total revenue in 2017. The growth can be attributed to increasing adoption of LED lightings across shopping malls, retail stores, hospitals, hotels and restaurants among other public places such as offices and government buildings. Furthermore, growing preference for energy-efficient lighting solutions is expected to drive demand over the forecast period.
Residential applications include household usage such as living room or bedroom where individual needs may vary from person to person depending on their requirements. Some basic requirements thatLEDs fulfill in comparison with traditional light sources are given below: they consume less power; they are more durable owing to plastic housing; they have no filament ever wears out; there is no need for replacement of bulbs with similar size LEDs produce less heat thus require lower temperatures compared to traditional incandescent or fluorescent lamps which makes them suitable for use in residential areas.
Regional Analysis:
The North American region dominated the global market in 2017. The growth is attributed to increasing adoption of LED heaters in commercial and residential applications. Furthermore, presence of key players such as Cree, Inc.; Philips; and Bridgelux Holdings, Inc.; has positively influenced the regional market growth.
Asia Pacific is expected to be one of the fastest-growing regions over the forecast period owing to rising demand for energy-efficient products coupled with government initiatives favoring industrialization and modernization. For instance, ‘Make in India’ initiative by Indian government is anticipated to create opportunities for manufacturers operating within India as well as from other countries.
Growth Factors:
- Increasing demand for energy-efficient heating solutions
- Rising popularity of LED lighting fixtures
- Growing awareness about the benefits of LED heaters
- Proliferation of online retail platforms
- Availability of affordable and high-quality LED heaters
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Heater Market Research Report
By Type
Portable, Mounted / Fixed
By Application
Commercial, Residential, Industrial, Agriculture
By Companies
Brant Radiant Heaters, Heatron, RR Global, TPI Corporation, Dexgel, Herschel, Burda Worldwide Technologies GmbH, Thermal Corporation, Chromalox, Brant Radiant Heaters
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global LED Heater Market Report Segments:
The global LED Heater market is segmented on the basis of:
Types
Portable, Mounted / Fixed
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
Commercial, Residential, Industrial, Agriculture
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:
- Brant Radiant Heaters
- Heatron
- RR Global
- TPI Corporation
- Dexgel
- Herschel
- Burda Worldwide Technologies GmbH
- Thermal Corporation
- Chromalox
- Brant Radiant Heaters
Highlights of The LED Heater 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:
- Portable
- Mounted / Fixed
- By Application:
- Commercial
- Residential
- Industrial
- Agriculture
- 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 LED Heater 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?
LED Heater is a small, energy-efficient heater that uses LED lights to heat up your home. It's perfect for use in small spaces, like apartments or dorm rooms.
Some of the key players operating in the led heater market are Brant Radiant Heaters, Heatron, RR Global, TPI Corporation, Dexgel, Herschel, Burda Worldwide Technologies GmbH, Thermal Corporation, Chromalox, Brant Radiant Heaters.
The led heater market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LED Heater Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 LED Heater Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LED Heater Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the LED Heater Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global LED Heater Market Size & Forecast, 2018-2028
4.5.1 LED Heater Market Size and Y-o-Y Growth
4.5.2 LED Heater Market Absolute $ Opportunity
Chapter 5 Global LED Heater Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 LED Heater Market Size Forecast by Type
5.2.1 Portable
5.2.2 Mounted / Fixed
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global LED Heater Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 LED Heater Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.2.3 Industrial
6.2.4 Agriculture
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LED Heater Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 LED Heater Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America LED Heater Analysis and Forecast
9.1 Introduction
9.2 North America LED Heater Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America LED Heater Market Size Forecast by Type
9.6.1 Portable
9.6.2 Mounted / Fixed
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America LED Heater Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
9.10.3 Industrial
9.10.4 Agriculture
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe LED Heater Analysis and Forecast
10.1 Introduction
10.2 Europe LED Heater Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe LED Heater Market Size Forecast by Type
10.6.1 Portable
10.6.2 Mounted / Fixed
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe LED Heater Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
10.10.3 Industrial
10.10.4 Agriculture
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific LED Heater Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific LED Heater Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific LED Heater Market Size Forecast by Type
11.6.1 Portable
11.6.2 Mounted / Fixed
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific LED Heater Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
11.10.3 Industrial
11.10.4 Agriculture
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America LED Heater Analysis and Forecast
12.1 Introduction
12.2 Latin America LED Heater Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America LED Heater Market Size Forecast by Type
12.6.1 Portable
12.6.2 Mounted / Fixed
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America LED Heater Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
12.10.3 Industrial
12.10.4 Agriculture
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) LED Heater Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) LED Heater Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) LED Heater Market Size Forecast by Type
13.6.1 Portable
13.6.2 Mounted / Fixed
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) LED Heater Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
13.10.3 Industrial
13.10.4 Agriculture
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 LED Heater Market: Competitive Dashboard
14.2 Global LED Heater Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Brant Radiant Heaters
14.3.2 Heatron
14.3.3 RR Global
14.3.4 TPI Corporation
14.3.5 Dexgel
14.3.6 Herschel
14.3.7 Burda Worldwide Technologies GmbH
14.3.8 Thermal Corporation
14.3.9 Chromalox
14.3.10 Brant Radiant Heaters
