Global Hearth Market Insights, Forecast to 2025

Published Date : Feb 2019 | No. of Pages : 115 Pages | Category : Machinery and Equipment

The Hearth market was valued at 1400 Million US$ in 2017 and is projected to reach 1840 Million US$ by 2025, at a CAGR of 3.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Hearth.

This report presents the worldwide Hearth market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Hearth is an independent or brick-lined indoor heating apparatus, including fireplace, stove and inserts. Hearth begins at Europe countries. Nowadays, hearth is widely used in home place or household in Europe and North America. According to the fuel source, there are many kinds of hearth, such as wood and gas type. In the report, electric type hearth is not included.

Most sales occurred domestically, import and export of each region is not too much. Gas is more favored in Europe; wood hearth is more favored in North America. In future the major market will still be the two regions. 

Market competition is fierce. Although HNI Corporation has a big share, the market concentration is relatively low. In this report, the top 10 listed companies only occupy about 48.92% of the market in 2015.

Briefly speaking, in the next few years, hearth industry will still be a highly energetic industry. Although sales of hearth brought a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage and downstream support, do not to enter into the hearth field hastily.

The following manufacturers are covered in this report:
Lenton Furnaces
Elite Thermal Systems
LCHER
Carbolite Gero
OTTO JUNKER
Borel Swiss
Keith Company
LABEC
Ceramic Engineering
Fluidtherm Technology
Surface Combustion

Hearth Breakdown Data by Type
Gas-fired Elevator Hearth Furnaces
Electric Elevator Hearth Furnaces

Hearth Breakdown Data by Application
Laboratory Use
Industrial Use
Others

Hearth Production by Region
United States
Europe
China
Japan
Other Regions

Hearth Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Hearth status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Hearth manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Hearth :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025

This report includes the estimation of market size for value (million USD) and volume (Unit). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Hearth market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.


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