In this report, the Global Electric Fireplace market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Electric Fireplace market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.
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.
There is also a certain space of demand of Electric Fireplace product in market, but basically it shows the scarcity of high-end products and excess capacity of low end products. There is a large market demand of high-end products to seize market share of imports.
Market Analysis and Insights: Global Electric Fireplace Market
In 2019, the global Electric Fireplace market size was US$ 4100.2 million and it is expected to reach US$ 4985.4 million by the end of 2026, with a CAGR of 2.8% during 2021-2026.
Global Electric Fireplace Scope and Market Size
Electric Fireplace market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Electric Fireplace market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Electric Fireplace market is segmented into
Wall Mount Electric Fireplaces
Built-In Electric Fireplaces
Freestanding Electric Fireplaces
Segment by Application, the Electric Fireplace market is segmented into
Other Place Use
Regional and Country-level Analysis:
Rest of Asia-Pacific
Rest of Europe
Rest of Latin America
Middle East & Africa
Rest of MEA
Competitive Landscape and Electric Fireplace Market Share Analysis
Electric Fireplace market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Electric Fireplace product introduction, recent developments, Electric Fireplace sales by region, type, application and by sales channel.
The major companies include:
GHP Group Inc.
Reasons to Buy This Research Report
- Complete access to Global Electric Fireplace market size, growth rate and forecast to 2026
- In-depth quantitative information on key regional Global Electric Fireplace markets including North America, Europe, MEA and Asia Pacific
- Global Electric Fireplace Market estimates and forecasts for key products/applications on a regional basis
- Facility to obtain country level information for complete Global Electric Fireplace market segmentation
- Key trends, drivers and restraints for global Global Electric Fireplace market
- Challenges to market growth for Global Electric Fireplace manufacturers
- Key market opportunities of Global Electric Fireplace Industry
About Crystal Market Reports
Crystal Market Reports is a distributor of market research spanning 160 industries. Our extensive database consists of over 400,000 quality publications sourced from 400 plus publishers, this puts our research specialists in the unique position of been able to offer truly unbiased advice on what research provides the most valuable insights.