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.
According to our (Global Info Research) latest study, the global Electric Fireplaces market size was valued at US$ 4782 million in 2023 and is forecast to a readjusted size of USD 6034 million by 2030 with a CAGR of 3.4% during 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.
This report is a detailed and comprehensive analysis for global Electric Fireplaces market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Electric Fireplaces market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Electric Fireplaces market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Electric Fireplaces market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Electric Fireplaces market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Electric Fireplaces
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Electric Fireplaces market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GlenDimplex, Hearth & Home Technologies, Twin-Star International, Migair Electric Industrial, Napoleon, Amantii, Adam, Fuerjia, Ruolin Electrical Technology, Allen, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Electric Fireplaces market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Built-In Electric Fireplaces
Wall Mount Electric Fireplaces
Freestanding Electric Fireplaces
Market segment by Application
Residential
Commercial
Major players covered
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 region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Fireplaces product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Fireplaces, with price, sales quantity, revenue, and global market share of Electric Fireplaces from 2019 to 2024.
Chapter 3, the Electric Fireplaces competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Fireplaces breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Electric Fireplaces market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Fireplaces.
Chapter 14 and 15, to describe Electric Fireplaces sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Electric Fireplaces . Industry analysis & Market Report on Electric Fireplaces is a syndicated market report, published as Global Electric Fireplaces Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Electric Fireplaces market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.