Electric Fireplaces Market Size with Emerging Growth 2023 | Top Key Players, Production Capacity Estimates, Revenue, Sales, Competitive Environment and SWOT Analysis with Forecasts 2030
Electric Fireplaces Market
An electric fireplace is an electric heater that mimics a fireplace burning coal, wood, or natural gas. Electric fireplaces are often placed in conventional fireplaces, which can then no longer be used for conventional fires. They plug into the Freestanding Electric Fireplaces, and can run on a “flame only” setting, or can be used as a heater, typically consuming 1.4-1.6 kW that can heat a 400 sq ft (37 m2) room.This report focuses on global and United States Electric Fireplaces market, also covers the segmentation data of other regions in regional level and county level.Due to the COVID-19 pandemic, the global Electric Fireplaces market size is estimated to be worth USD 4647 million in 2022 and is forecast to a readjusted size of USD 5712.4 million by 2028 with a CAGR of 3.5% during the review period. Global core electric fireplaces manufacturers include GlenDimplex, Hearth & Home Technologies, Twin-Star International and Migair Electric Industrial etc. The Top 2 companies hold a share about 25%. North America is the largest market, with a share about 54%, followed by Europe and Asia Pacific with the share about 27% and 12%.In terms of product, built-in electric fireplaces is the largest segment, with a share over 60%. And in terms of application, the largest application is residential.Electric Fireplaces market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Electric Fireplaces market will be able to gain the upper hand as they use the report as a powerful resource.
Major players covered in Electric Fireplaces Market are:
- GlenDimplex
- Hearth & Home Technologies
- Twin-Star International
- Migair Electric Industrial
- Napoleon
- Amantii
- Adam
- Fuerjia
- Ruolin Electrical Technology
- Allen
- Paite
- Modern Flame
- Boge Technology
- European Home
- Kalfire
Market Segment by Type:
- Built-In Electric Fireplaces
- Wall Mount Electric Fireplaces
- Freestanding Electric Fireplaces
Market Segment by Application:
- Residential
- Commercial
With the Electric Fireplaces Market Report, businesses can understand their market and develop sustainable strategies for success.
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