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.
According to this study, over the next five years the Hearth market will register a 3.5% CAGR in terms of revenue, the global market size will reach US$ 1730 million by 2024, from US$ 1400 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hearth business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Hearth market by product type, application, key manufacturers and key regions and countries.
This study considers the Hearth value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3: and forecast to 2024 in section 11.7.
Gas-fired Elevator Hearth Furnaces
Electric Elevator Hearth Furnaces
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4: and forecast to 2024 in section 11.8.
Laboratory Use
Industrial Use
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Lenton Furnaces
Elite Thermal Systems
L?CHER
Carbolite Gero
OTTO JUNKER
Borel Swiss
Keith Company
LABEC
Ceramic Engineering
Fluidtherm Technology
Surface Combustion
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Hearth consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Hearth market by identifying its various subsegments.
Focuses on the key global Hearth manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hearth with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Hearth submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
