Market Overview:
The global wood pellet heating systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for renewable energy sources and rising awareness about environment-friendly heating systems. The global wood pellet heating systems market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into hinged, power sliding, and manual sliding. Hinged wood pellet heating systems are more popular among consumers as they are easy to install and do not require any professional help for installation. On the basis of application, cold storage warehouse accounted for a major share of the global wood pellet heating systems market in 2017 owing to growing demand for temperature-controlled warehouses across different regions. Breweries, commercial kitchen & restaurants, floral storage facilities,, pharmaceuticals,, chemicals,, research laboratories are some other key applications that are expected to witness high growth duringthe forecast period from 2018to 2030. Geographically speaking,.
Product Definition:
Wood Pellet Heating Systems is a type of heating system that uses wood pellets as fuel. The importance of Wood Pellet Heating Systems is that it is an environmentally friendly way to heat your home, and it is also cost effective.
Hinged:
Hinged pellet stove is a type of wood-pellet fueled heating system that relies on the ability of the door to swing open and allow access to the pellets within. The stoves are usually equipped with an automatic safety mechanism, which prevents accidental shutdowns. These types of stoves can be closed by simply pushing a button or by using a lever on the side, which automatically lowers into position.
Power Sliding:
Power sliding is a method of moving the Pellet Mill Bed by means of a powered mechanism. It can be done manually or automatically. In manual power sliding, there are two operators; one to drive the mill and another to adjust the feed rate. Automatic power sliding has only one operator; who drives the mill and also provides an adjustment option for different bedding configurations which can be set based on required output from pellet fire.
Application Insights:
The demand for the wood pellet heating systems is expected to witness growth in commercial kitchen & restaurants, hotels, and other applications. The increasing number of restaurants and hotels at a global level as a result of growing tourism is anticipated to propel the product demand over the forecast period.
The pharmaceutical industry requires precise temperature control during various processes such as drug manufacturing. This has resulted in increased utilization of wood pellet stoves since they provide consistent heat throughout the day without having any adverse effects on environment or people living nearby. Wood pellets are considered as an eco-friendly fuel due to lower carbon emissions when compared with coal or oil based fuels which makes it suitable for use in florist stores and greenhouses where space is limited but quality of products needs to be maintained at optimum levels.
Regional Analysis:
North America dominated the global wood pellet heating systems market in 2017. The growth is majorly driven by U.S., which accounted for over 80% of the regional market share in terms of revenue owing to high product demand and favorable climatic conditions that facilitated year-round farming activities across this region. Europe also held a significant share due to growing awareness among consumers regarding benefits offered by these products, such as efficient energy generation, reduction of greenhouse emissions, and cost savings associated with their usage.
Asia Pacific is expected to witness substantial growth during the forecast period owing to rapid urbanization coupled with increasing population in China and India has resulted into increased construction activities across this region which will drive product demand further over next eight years from 2018 till 2030 time frame.
Growth Factors:
- Increasing demand for renewable and clean energy sources is driving the growth of wood pellet heating systems market.
- Growing awareness about the benefits of using wood pellets as a fuel source is fueling the demand for wood pellet heating systems market.
- The increasing popularity of pellet-fired appliances is contributing to the growth of wood pellet heating systems market.
- The growing number of government initiatives and subsidies for installing biomass-based heating systems is propelling the growth of wood pellet heating systems market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Wood Pellet Heating Systems Market Research Report
By Type
Hinged, Power Sliding, Manual Sliding
By Application
Cold Storage Warehouse, Breweries, Commercial Kitchen & Restaurants, Floral Storage, Pharmaceuticals, Chemicals, Research laboratories, Others
By Companies
Nor-Lake, Kolpak, Americold, Craig Industries, Bally Refrigerated Boxes, Canadian Curtis Refrigeration, Arctic Industries, U.S. Cooler, Bush Refrigeration
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Wood Pellet Heating Systems Market Report Segments:
The global Wood Pellet Heating Systems market is segmented on the basis of:
Types
Hinged, Power Sliding, Manual Sliding
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
Cold Storage Warehouse, Breweries, Commercial Kitchen & Restaurants, Floral Storage, Pharmaceuticals, Chemicals, Research laboratories, Others
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:
- Nor-Lake
- Kolpak
- Americold
- Craig Industries
- Bally Refrigerated Boxes
- Canadian Curtis Refrigeration
- Arctic Industries
- U.S. Cooler
- Bush Refrigeration
Highlights of The Wood Pellet Heating Systems 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:
- Hinged
- Power Sliding
- Manual Sliding
- By Application:
- Cold Storage Warehouse
- Breweries
- Commercial Kitchen & Restaurants
- Floral Storage
- Pharmaceuticals
- Chemicals
- Research laboratories
- Others
- 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 Wood Pellet Heating Systems 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?
Wood pellet heating systems are a type of home heating system that uses wood pellets as the primary fuel source. Pellets are burned in an airtight furnace to produce heat, which is then distributed through the system to your home.
Some of the key players operating in the wood pellet heating systems market are Nor-Lake, Kolpak, Americold, Craig Industries, Bally Refrigerated Boxes, Canadian Curtis Refrigeration, Arctic Industries, U.S. Cooler, Bush Refrigeration.
The wood pellet heating systems market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wood Pellet Heating Systems 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 Wood Pellet Heating Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wood Pellet Heating Systems 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 Wood Pellet Heating Systems 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 Wood Pellet Heating Systems Market Size & Forecast, 2020-2028
4.5.1 Wood Pellet Heating Systems Market Size and Y-o-Y Growth
4.5.2 Wood Pellet Heating Systems Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Hinged
5.2.2 Power Sliding
5.2.3 Manual Sliding
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Cold Storage Warehouse
6.2.2 Breweries
6.2.3 Commercial Kitchen & Restaurants
6.2.4 Floral Storage
6.2.5 Pharmaceuticals
6.2.6 Chemicals
6.2.7 Research laboratories
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wood Pellet Heating Systems 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 Wood Pellet Heating Systems 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Hinged
9.6.2 Power Sliding
9.6.3 Manual Sliding
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 Market Size Forecast by Applications
9.10.1 Cold Storage Warehouse
9.10.2 Breweries
9.10.3 Commercial Kitchen & Restaurants
9.10.4 Floral Storage
9.10.5 Pharmaceuticals
9.10.6 Chemicals
9.10.7 Research laboratories
9.10.8 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Hinged
10.6.2 Power Sliding
10.6.3 Manual Sliding
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 Market Size Forecast by Applications
10.10.1 Cold Storage Warehouse
10.10.2 Breweries
10.10.3 Commercial Kitchen & Restaurants
10.10.4 Floral Storage
10.10.5 Pharmaceuticals
10.10.6 Chemicals
10.10.7 Research laboratories
10.10.8 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Hinged
11.6.2 Power Sliding
11.6.3 Manual Sliding
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 Market Size Forecast by Applications
11.10.1 Cold Storage Warehouse
11.10.2 Breweries
11.10.3 Commercial Kitchen & Restaurants
11.10.4 Floral Storage
11.10.5 Pharmaceuticals
11.10.6 Chemicals
11.10.7 Research laboratories
11.10.8 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Hinged
12.6.2 Power Sliding
12.6.3 Manual Sliding
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 Market Size Forecast by Applications
12.10.1 Cold Storage Warehouse
12.10.2 Breweries
12.10.3 Commercial Kitchen & Restaurants
12.10.4 Floral Storage
12.10.5 Pharmaceuticals
12.10.6 Chemicals
12.10.7 Research laboratories
12.10.8 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Hinged
13.6.2 Power Sliding
13.6.3 Manual Sliding
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) Market Size Forecast by Applications
13.10.1 Cold Storage Warehouse
13.10.2 Breweries
13.10.3 Commercial Kitchen & Restaurants
13.10.4 Floral Storage
13.10.5 Pharmaceuticals
13.10.6 Chemicals
13.10.7 Research laboratories
13.10.8 Others
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 Wood Pellet Heating Systems Market: Competitive Dashboard
14.2 Global Wood Pellet Heating Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nor-Lake
14.3.2 Kolpak
14.3.3 Americold
14.3.4 Craig Industries
14.3.5 Bally Refrigerated Boxes
14.3.6 Canadian Curtis Refrigeration
14.3.7 Arctic Industries
14.3.8 U.S. Cooler
14.3.9 Bush Refrigeration
