Space Heaters Market Analysis Europe, North America, APAC, South America, Middle East and Africa - US, Canada, China, Germany, UK - Size and Forecast 2024-2028

Published: Mar 2024 Pages: 174 SKU: IRTNTR44889

Space Heaters Market Forecast 2024-2028 

The Space Heaters Market size is forecast to increase by USD 3.37 billion, at a CAGR of 7.06% between 2023 and 2028.

The rapid expansion of the market can be attributed to several key factors. Firstly, there is a rising demand for domestic heating appliances that are not only highly efficient but also energy-saving and safe. This trend reflects a growing emphasis on sustainable living and energy conservation. Secondly, the retail landscape is undergoing significant expansion, leading to increased adoption of space heaters in various residential and commercial settings. Finally, the benefits offered by space heaters, such as targeted heating, cost-effectiveness, and ease of use, are further driving their popularity among consumers. Together, these factors are fueling the accelerated growth of the space heater market, creating new opportunities and challenges for manufacturers and retailers alike. The report provides market size, historical data spanning from 2018 - 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.

What will be the Size of the Market During the Forecast Period?

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Market Dynamic and Customer Landscape

The market is driven by various factors such as consumer focus on energy conservation and cost savings, the rising demand for smart technology and home automation features, and the growing trend towards multi-functionality and portability in space heater designs. However, challenges like ensuring compliance with safety and energy efficiency standards, addressing environmental concerns, and meeting the diverse needs of both residential and commercial applications remain significant for industry players. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Increasing demand for highly efficient, energy-saving, and safe domestic heating appliances is notably driving the market. The demand for safe domestic heating appliances is rising due to the highly efficient energy efficiency as well as safety features of these products. In addition, this demand is high in the urban market, especially in tier-1 cities, as compared to rural areas and low-tier cities. Furthermore, the desire for comfort and luxurious life among individuals is one of the factors that lead to increased investment in domestic appliances, including heating appliances. Such factors have led to advanced features and smart technology like smart home systems, programmable settings, and compact and space-saving systems.

Moreover, this enables the growth of the domestic heating market all over the world. Increasing investments in R&D on various domestic heating appliances in the market further helps in the growth of domestic heating appliances. Furthermore, product advancement is also one of the key factors for the healthy growth of the domestic heating appliances market. In addition, APAC is one of the important markets for the growth of domestic heating appliances. Hence, such factors are driving the market growth during the forecast period.

Key Market Trends

Incorporating advanced safety features in space heaters is an emerging trend in the market. In the global market, the trend of incorporating advanced safety features has become increasingly prevalent as manufacturers focus on consumer safety and compliance with regulatory standards. In addition, advanced safety features are being integrated into space heaters to mitigate risks of fire hazards, burns, and accidents, enhancing overall user confidence and satisfaction.

Moreover, major players in the global space heaters market, such as Honeywell and Lasko, have introduced space heaters equipped with innovative safety functionalities. In addition, Honeywell's heaters frequently incorporate overheat protection mechanisms, automatically shutting off the unit if temperatures surpass safe levels. Furthermore, this proactive safety feature mitigates the risk of fire hazards, ensuring user safety and peace of mind during operation. Hence, such factors are driving the market growth during the forecast period.

Major Market Challenge

Compliance with government regulations on emissions and energy efficiency is a major challenge hindering the market. Energy-efficient space heaters and water heaters in households adhere to the EU energy labeling and eco-design requirements. In addition, Stanford Environmental Health and Safety has set certain specifications regarding emissions and energy efficiency.

For example, the heater must be electrically powered and designated as approved with a nationally recognized testing laboratory mark. In addition, the sale of liquid-fuel space heaters is prohibited. Space heaters must have a thermostat for heat regulation. Furthermore, space heaters listed in accordance with UL1278 must comply with Section 605.10 of the California Fire Code. Hence, such factors are hindering the market during the forecast period.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

 Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Bromic Group Pty Ltd: The company offers space heaters such as Eclipse smart heat portable, and Tungsten smart heat portable.

The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Crane USA
  • Daikin Industries Ltd.
  • De Longhi S.p.A
  • Dr. Infrared Heater
  • Duraflame Inc.
  • Dyson Group Co.
  • Energy Wise Solutions
  • Honeywell International Inc.
  • Lasko Products LLC
  • Midea Group Co. Ltd.
  • Mill International AS
  • Newegg Commerce Inc.
  • Newell Brands Inc.
  • Rinnai Corp.
  • Solar Panels Plus LLC
  • Stadler Form Aktiengesellschaft
  • SUNHEAT International
  • Sunpentown International Inc.
  • Vornado Air LLC

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segments in the Market?

The residential segment is estimated to witness significant growth during the forecast period. A key factor driving the residential segment is energy efficiency. In addition, many consumers consider space heaters as a cost-effective solution for supplemental heating in specific rooms, especially during colder months such as December and January. Furthermore, space heaters allow users to heat only the areas they need, avoiding the energy wastage associated with central heating systems.

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The residential segment was the largest segment and was valued at USD 2.89 billion in 2018. Moreover, energy-efficient models help reduce heating costs and environmental impact, making them attractive to budget-conscious and environmentally-conscious consumers. In addition, residential space heaters are designed to be portable and easy to use. Furthermore, their compact size and lightweight nature make them convenient for moving from room to room, offering flexibility in heating options. In addition, this portability allows users to target heating in spaces where it is needed most, adding to their appeal as convenient home heating solutions. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Which are the Key Regions for the Market?

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Europe is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market in Europe is fuelled by residential consumers who will invest in space heaters to complement their centralized heating systems. In addition, since space heating utilizes a major amount of energy, consumers are investing in heating appliances that can mitigate their energy expenses. Moreover, while gas has been the major fuel used for space heating appliances, consumers are increasingly looking into electric heating options as well. In addition, fan and convection heaters are the most popular space heater types in Europe. Furthermore, the rising demand for energy-efficient products is further propelling the demand for space heaters, which are known to consume much less energy than their conventional counterparts. Hence, such factors are driving the market growth in Europe during the forecast period.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Application Outlook 
    • Residential
    • Commercial
    • Industrial
  • Product Outlook
    • Fan heaters
    • Convection heaters
    • Radiant heaters
    • Ceramic heaters
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market is experiencing a surge in growth driven by several key factors. Environmental concerns have prompted a shift towards energy-efficient and sustainable heating solutions, aligning with consumer focus on eco-friendly products. Cost savings are another driver, especially in regions with a high population index where efficient heating is essential. Smart technology integration has revolutionized the industry, offering localized heating solutions, advanced features like remote control and programmable settings, and compatibility with smart home systems and automation. Room heaters, including electric, gas, and oil-filled variants, have seen increased product penetration, especially with safety features like tip-over protection and cool-touch exteriors. The adoption of smart technology, such as Wi-Fi connectivity and smartphone controls, has made these heaters compact, space-saving, and efficient, catering to residential and commercial applications.

Moreover, the market's growth potential is evident in the real estate sector, particularly with the rise of work-from-home concepts and IoT-based heating units. However, challenges like compliance with safety and energy efficiency standards, operational costs, and competition from substitutes like district heating systems remain factors to navigate. Despite these restraints, technological advancements, research and development activities, and niche innovations like ceramic fan-forced, radiant, infrared, and combination heaters continue to drive the market forward with a variety of highly-efficient options available to consumers and businesses alike.

Market Scope

Report Coverage

Details

Page number

174

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.06%

Market Growth 2024-2028

USD 3.37 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

6.03

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

Europe at 34%

Key countries

US, Canada, China, Germany, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Bromic Group Pty Ltd., Crane USA, Daikin Industries Ltd., De Longhi S.p.A, Dr. Infrared Heater, Duraflame Inc., Dyson Group Co., Energy Wise Solutions, Honeywell International Inc., Lasko Products LLC, Midea Group Co. Ltd., Mill International AS, Newegg Commerce Inc., Newell Brands Inc., Rinnai Corp., Solar Panels Plus LLC, Stadler Form Aktiengesellschaft, SUNHEAT International, Sunpentown International Inc., and Vornado Air LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2023 and 2028
  • Precise estimation of the market  size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market growth trends and changes in consumer behaviour
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global space heaters market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global space heaters market 2018 - 2022 ($ billion)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.3 Product Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Residential - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Residential - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Residential - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Residential - Year-over-year growth 2023-2028 (%)
    • 6.4 Commercial - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Commercial - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
    • 6.5 Industrial - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Industrial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Industrial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Industrial - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Industrial - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Application
      • Exhibit 46: Market opportunity by Application ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 48: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Product - Market share 2023-2028 (%)
    • 7.2 Comparison by Product
      • Exhibit 50: Chart on Comparison by Product
      • Exhibit 51: Data Table on Comparison by Product
    • 7.3 Fan heaters - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Fan heaters - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Fan heaters - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Fan heaters - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Fan heaters - Year-over-year growth 2023-2028 (%)
    • 7.4 Convection heaters - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Convection heaters - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Convection heaters - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Convection heaters - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Convection heaters - Year-over-year growth 2023-2028 (%)
    • 7.5 Radiant heaters - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Radiant heaters - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Radiant heaters - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Radiant heaters - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Radiant heaters - Year-over-year growth 2023-2028 (%)
    • 7.6 Ceramic heaters - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Ceramic heaters - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Data Table on Ceramic heaters - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 66: Chart on Ceramic heaters - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Ceramic heaters - Year-over-year growth 2023-2028 (%)
    • 7.7 Market opportunity by Product
      • Exhibit 68: Market opportunity by Product ($ billion)
      • Exhibit 69: Data Table on Market opportunity by Product ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 72: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 83: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 UK - Market size and forecast 2023-2028
      • Exhibit 107: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.12 Canada - Market size and forecast 2023-2028
      • Exhibit 111: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 112: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 113: Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ billion)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Bromic Group Pty Ltd.
              • Exhibit 123: Bromic Group Pty Ltd. - Overview
              • Exhibit 124: Bromic Group Pty Ltd. - Product / Service
              • Exhibit 125: Bromic Group Pty Ltd. - Key offerings
            • 12.4 Crane USA
              • Exhibit 126: Crane USA - Overview
              • Exhibit 127: Crane USA - Product / Service
              • Exhibit 128: Crane USA - Key offerings
            • 12.5 Daikin Industries Ltd.
              • Exhibit 129: Daikin Industries Ltd. - Overview
              • Exhibit 130: Daikin Industries Ltd. - Business segments
              • Exhibit 131: Daikin Industries Ltd. - Key news
              • Exhibit 132: Daikin Industries Ltd. - Key offerings
              • Exhibit 133: Daikin Industries Ltd. - Segment focus
            • 12.6 De Longhi S.p.A
              • Exhibit 134: De Longhi S.p.A - Overview
              • Exhibit 135: De Longhi S.p.A - Business segments
              • Exhibit 136: De Longhi S.p.A - Key offerings
              • Exhibit 137: De Longhi S.p.A - Segment focus
            • 12.7 Dr. Infrared Heater
              • Exhibit 138: Dr. Infrared Heater - Overview
              • Exhibit 139: Dr. Infrared Heater - Product / Service
              • Exhibit 140: Dr. Infrared Heater - Key offerings
            • 12.8 Duraflame Inc.
              • Exhibit 141: Duraflame Inc. - Overview
              • Exhibit 142: Duraflame Inc. - Product / Service
              • Exhibit 143: Duraflame Inc. - Key offerings
            • 12.9 Dyson Group Co.
              • Exhibit 144: Dyson Group Co. - Overview
              • Exhibit 145: Dyson Group Co. - Product / Service
              • Exhibit 146: Dyson Group Co. - Key offerings
            • 12.10 Energy Wise Solutions
              • Exhibit 147: Energy Wise Solutions - Overview
              • Exhibit 148: Energy Wise Solutions - Product / Service
              • Exhibit 149: Energy Wise Solutions - Key offerings
            • 12.11 Honeywell International Inc.
              • Exhibit 150: Honeywell International Inc. - Overview
              • Exhibit 151: Honeywell International Inc. - Business segments
              • Exhibit 152: Honeywell International Inc. - Key news
              • Exhibit 153: Honeywell International Inc. - Key offerings
              • Exhibit 154: Honeywell International Inc. - Segment focus
            • 12.12 Midea Group Co. Ltd.
              • Exhibit 155: Midea Group Co. Ltd. - Overview
              • Exhibit 156: Midea Group Co. Ltd. - Product / Service
              • Exhibit 157: Midea Group Co. Ltd. - Key offerings
            • 12.13 Mill International AS
              • Exhibit 158: Mill International AS - Overview
              • Exhibit 159: Mill International AS - Product / Service
              • Exhibit 160: Mill International AS - Key offerings
            • 12.14 Newegg Commerce Inc.
              • Exhibit 161: Newegg Commerce Inc. - Overview
              • Exhibit 162: Newegg Commerce Inc. - Product / Service
              • Exhibit 163: Newegg Commerce Inc. - Key offerings
            • 12.15 Newell Brands Inc.
              • Exhibit 164: Newell Brands Inc. - Overview
              • Exhibit 165: Newell Brands Inc. - Business segments
              • Exhibit 166: Newell Brands Inc. - Key news
              • Exhibit 167: Newell Brands Inc. - Key offerings
              • Exhibit 168: Newell Brands Inc. - Segment focus
            • 12.16 Rinnai Corp.
              • Exhibit 169: Rinnai Corp. - Overview
              • Exhibit 170: Rinnai Corp. - Business segments
              • Exhibit 171: Rinnai Corp. - Key offerings
              • Exhibit 172: Rinnai Corp. - Segment focus
            • 12.17 Solar Panels Plus LLC
              • Exhibit 173: Solar Panels Plus LLC - Overview
              • Exhibit 174: Solar Panels Plus LLC - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 175: Inclusions checklist
                • Exhibit 176: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 177: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 178: Research methodology
                • Exhibit 179: Validation techniques employed for market sizing
                • Exhibit 180: Information sources
              • 13.5 List of abbreviations
                • Exhibit 181: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              space heaters market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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