Market Research Report
Global Electric Fireplaces Market Insights and Forecast to 2027
|Global Electric Fireplaces Market Insights and Forecast to 2027|
Published: November 19, 2021
Content info: 128 Pages
Delivery time: 2-3 business days
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.
Global core electric fireplaces manufacturers include GlenDimplex, Hearth & Home Technologies, Twin-Star International and Migair Electric Industrial etc. The Top 4 companies hold a share about 40%. North America is the largest market, with a share about 57%, followed by Europe and Asia Pacific with the share about 27% and 13%.
Market Analysis and Insights: Global Electric Fireplaces Market
The global Electric Fireplaces market is valued at US$ 1398.8 million in 2020. The market size will reach US$ 2213 million by the end of 2027, growing at a CAGR of 6.7% during 2021-2027.
Global Electric Fireplaces Scope and Segment
Electric Fireplaces market is segmented 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. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Segment by Application