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Hearth Market by Fuel Type (Gas, Wood, Electricity), Product (Fireplace, Stove, and Insert), Design (Traditional, and Modern), Placement (Indoor, Outdoor, and Portable), Technology, Application, and Geography - Global Forecast to 2022

Hearth Market by Fuel Type (Gas, Wood, Electricity), Product (Fireplace, Stove, and Insert), Design (Traditional, and Modern), Placement (Indoor, Outdoor, and Portable), Technology, Application, and Geography - Global Forecast to 2022

“Growing demand for aesthetic home décor among the customers is expected to drive the hearth market”
The hearth market size, in terms of value, is expected to reach USD 18.43 billion by 2022, at a CAGR of 2.5% between 2016 and 2022. On the basis of volume, the market is expected to register a shipment of 6,877.38 thousand units by 2022, at a CAGR of 4.1% during the forecast period. The hearth products are efficient space heaters and popular as home decor. There are designer hearths which are in high demand and are available in the market. These products hold a certain appeal to people who still want decorative hearths in their houses, even in the era of central heating systems.

“Hospitality application is likely to grow at the highest rate during the forecast period”
The recreational places such as hotels, restaurants, bars, and cafes install indoor and outdoor hearths to provide customers a good experience, comfort, and artistic appeal. They even install their grilling and barbeque set up in the outdoors to give the customers a better dining experience. Even hospitals are installing hearth appliances for the comfort of patients.

“Hearth market in Europe to grow at the highest CAGR”
The European region holds growth potential for the market in the near future and is expected to grow at the highest CAGR during the forecast period. The major reason for this is the extreme cold weather which necessitates the adoption of various heating appliances in and around the houses. The home builders and interior designers also use the hearth products due to the aesthetic appeal of the bright flame of fireplaces.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key people. The break-up of the profile of primary participants has been given below:
By Company Type: Tier 1 – 25 %, Tier 2 – 35%, and Tier 3 – 40%
By Designation: C-Level Executives – 35%, Directors – 25%, and Others – 40%
By Region: North America – 43%, Europe – 29%, APAC – 14%, and RoW – 14%

Companies that provide a range of modern fireplaces with customized solutions are expected to emerge as the game changers in this market.
The key players in the hearth market profiled in the report are as follows:
1. HNI Corporation (U.S.)
2. Travis Industries Inc. (U.S.)
3. Innovative Hearth Products LLC (U.S.)
4. FPI Fireplace Products International Ltd. (Canada)
5. Napoleon Products (Canada)
6. Empire Comfort Systems, Inc. (U.S.)
7. Hearth Products Controls Co. (U.S.)
8. Hearthstone Stoves (U.S.)
9. Montigo (Canada)
10. Pacific Energy (Canada)

Report Objective:
To define, describe, and forecast the global hearth market on the basis of fuel type, product, design, placement, application, and geography
To describe the technology used in the hearth market
To forecast the market size with respect to four main geographies—North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW)
To strategically analyze the micro-markets1 with respect to individual growth trends, future prospects, and contribution to the total market
To provide a detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
To provide a detailed Porter's analysis and value chain analysis, along with technology and standards for the market
To strategically profile the key players and comprehensively analyze their market shares and core competencies2
To analyze the competitive developments such as collaborations, joint ventures, mergers and acquisitions, new product launches and developments, and R&D activities in the hearth market

The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the overall market comprehensively and provides the closest approximations of the global market size and that of the subsegments across the different verticals and regions.
2. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders to better understand their competitors and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions in the hearth market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • SCOPE OF THE STUDY
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY & PRICING
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • PROCESS FLOW OF MARKET SIZE ESTIMATION
    • RESEARCH ASSUMPTIONS
      • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE HEARTH MARKET
    • HEARTH MARKET, BY FUEL TYPE
    • HEARTH MARKET IN EUROPE
    • NORTH AMERICA HELD THE LARGEST SHARE OF THE HEARTH MARKET IN 2015
    • HEARTH MARKET, BY PLACEMENT
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • HEARTH MARKET, BY FUEL TYPE
      • HEARTH MARKET, BY PRODUCT
      • HEARTH MARKET, BY DESIGN
      • HEARTH MARKET, BY PLACEMENT
      • HEARTH MARKET, BY TECHNOLOGY
      • HEARTH MARKET, BY APPLICATION
    • MARKET DYNAMICS
      • DRIVERS
        • Table CONTINENTAL TEMPERATURE ANOMALIES, JANUARY-JUNE 2016
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • INDUSTRIAL TECHNOLOGIES AND STANDARDS
      • INDUSTRIAL TECHNOLOGIES
      • STANDARDS
    • PORTER'S FIVE FORCES ANALYSIS
      • Table PORTER'S FIVE FORCES ANALYSIS: OVERALL IMPACT ON THE MARKET WAS MEDIUM IN 2015
      • THREAT OF SUBSTITUTES
      • THREAT OF NEW ENTRANTS
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • HEARTH MARKET, BY FUEL TYPE
    • INTRODUCTION
      • Table HEARTH MARKET, BY FUEL TYPE, 2013-2022 (USD BILLION)
      • Table HEARTH MARKET, BY FUEL TYPE, 2013-2022 (THOUSAND UNITS)
    • GAS
      • Table MARKET FOR GAS-BASED HEARTHS, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table MARKET FOR GAS-BASED HEARTHS, BY REGION, 2013-2022 (USD BILLION)
      • Table MARKET FOR GAS-BASED HEARTHS, BY DESIGN, 2013-2022 (USD BILLION)
    • WOOD
      • Table MARKET FOR WOOD-BASED HEARTHS, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table MARKET FOR WOOD-BASED HEARTHS, BY REGION, 2013-2022 (USD BILLION)
      • Table MARKET FOR WOOD-BASED HEARTHS, BY DESIGN, 2013-2022 (USD BILLION)
    • ELECTRICITY
      • Table MARKET FOR ELECTRIC-BASED HEARTHS, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table MARKET FOR ELECTRIC-BASED HEARTHS, BY REGION, 2013-2022 (USD BILLION)
      • Table MARKET FOR ELECTRIC-BASED HEARTHS, BY DESIGN, 2013-2022 (USD BILLION)
    • OTHERS
      • Table MARKET FOR OTHER FUELS-BASED HEARTHS, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table MARKET FOR OTHER FUELS-BASED HEARTHS, BY REGION, 2013-2022 (USD BILLION)
      • Table MARKET FOR OTHER FUELS-BASED HEARTHS, BY DESIGN, 2013-2022 (USD BILLION)
  • HEARTH MARKET, BY PRODUCT
    • INTRODUCTION
      • Table HEARTH MARKET, BY PRODUCT, 2013-2022 (USD BILLION)
    • FIREPLACES
      • Table HEARTH MARKET FOR FIREPLACES , BY DESIGN, 2013-2022 (USD BILLION)
      • Table HEARTH MARKET FOR FIREPLACES, BY FUEL TYPE, 2013-2022 (USD BILLION)
      • Table HEARTH MARKET FOR FIREPLACES, BY REGION, 2013-2022 (USD BILLION)
    • STOVES
      • Table HEARTH MARKET FOR STOVES, BY DESIGN, 2013-2022 (USD BILLION)
      • Table HEARTH MARKET FOR STOVES, BY FUEL TYPE, 2013-2022 (USD BILLION)
      • Table HEARTH MARKET FOR STOVES, BY REGION, 2013-2022 (USD BILLION)
    • INSERTS
      • Table HEARTH MARKET FOR INSERTS, BY DESIGN, 2013-2022 (USD BILLION)
      • Table HEARTH MARKET FOR INSERTS, BY FUEL TYPE, 2013-2022 (USD BILLION)
      • Table HEARTH MARKET FOR INSERTS, BY REGION, 2013-2022 (USD BILLION)
  • HEARTH MARKET, BY DESIGN
    • INTRODUCTION
      • Table HEARTH MARKET, BY DESIGN, 2013-2022 (USD BILLION)
    • TRADITIONAL HEARTHS
      • Table MARKET FOR TRADITIONAL HEARTHS, BY REGION, 2013-2022 (USD BILLION)
      • Table MARKET FOR TRADITIONAL HEARTHS, BY PRODUCT, 2013-2022 (USD BILLION)
    • MODERN HEARTHS
      • SENSORS
      • BURNERS
      • REMOTE CONTROL SYSTEMS
      • VALVE KITS
      • OTHER COMPONENTS
        • Table MARKET FOR MODERN HEARTHS, BY REGION, 2013-2022 (USD BILLION)
        • Table MARKET FOR MODERN HEARTHS, BY PRODUCT, 2013-2022 (USD BILLION)
  • HEARTH MARKET, BY PLACEMENT
    • INTRODUCTION
      • Table HEARTH MARKET, BY PLACEMENT, 2013-2022 (USD BILLION)
    • INDOOR HEARTHS
      • Table MARKET FOR INDOOR HEARTHS, BY APPLICATION, 2013-2022 (USD BILLION)
    • OUTDOOR HEARTHS
      • Table MARKET FOR OUTDOOR HEARTHS, BY APPLICATION, 2013-2022 (USD BILLION)
    • PORTABLE HEARTHS
      • Table MARKET FOR PORTABLE HEARTHS, BY APPLICATION, 2013-2022 (USD BILLION)
  • HEARTH MARKET, BY TECHNOLOGY
    • INTRODUCTION
    • DIRECT VENT TECHNOLOGY
    • INTERMITTENT PILOT IGNITION SYSTEM
    • ZONE HEATING TECHNOLOGY
    • OTHER TECHNOLOGIES
  • HEARTH MARKET, BY APPLICATION
    • INTRODUCTION
      • Table HEARTH MARKET, BY APPLICATION, 2013-2022 (USD BILLION)
    • RESIDENTIAL
      • Table HEARTH MARKET FOR RESIDENTIAL, BY REGION, 2013-2022 (USD BILLION)
      • Table HEARTH MARKET FOR RESIDENTIAL, BY PLACEMENT, 2013-2022 (USD BILLION)
    • COMMERCIAL
      • Table HEARTH MARKET FOR COMMERCIAL, BY REGION, 2013-2022 (USD BILLION)
      • Table HEARTH MARKET FOR COMMERCIAL, BY PLACEMENT, 2013-2022 (USD BILLION)
    • HOSPITALITY
      • Table HEARTH MARKET FOR HOSPITALITY, BY REGION, 2013-2022 (USD BILLION)
      • Table HEARTH MARKET FOR HOSPITALITY, BY PLACEMENT, 2013-2022 (USD BILLION)
    • INSTITUTIONS
      • Table HEARTH MARKET FOR INSTITUTIONS, BY REGION, 2013-2022 (USD BILLION)
      • Table HEARTH MARKET FOR INSTITUTIONS, BY PLACEMENT, 2013-2022 (USD BILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table HEARTH MARKET, BY REGION, 2013-2022 (USD BILLION)
    • NORTH AMERICA
      • U.S.
      • CANADA
      • MEXICO
        • Table HEARTH MARKET IN NORTH AMERICA, BY COUNTRY, 2013-2022 (USD BILLION)
        • Table HEARTH MARKET IN NORTH AMERICA, BY APPLICATION, 2013-2022 (USD BILLION)
        • Table HEARTH MARKET IN NORTH AMERICA, BY DESIGN, 2013-2022 (USD BILLION)
        • Table HEARTH MARKET IN NORTH AMERICA, BY FUEL TYPE, 2013-2022 (USD BILLION)
        • Table HEARTH MARKET IN NORTH AMERICA, BY PRODUCT, 2013-2022 (USD BILLION)
    • EUROPE
      • U.K.
      • GERMANY
      • RUSSIA
      • REST OF EUROPE
        • Table HEARTH MARKET IN EUROPE, BY COUNTRY, 2013-2022 (USD BILLION)
        • Table HEARTH MARKET IN EUROPE, BY APPLICATION, 2013-2022 (USD BILLION)
        • Table HEARTH MARKET IN EUROPE, BY DESIGN, 2013-2022 (USD BILLION)
        • Table HEARTH MARKET IN EUROPE, BY FUEL TYPE, 2013-2022 (USD BILLION)
        • Table HEARTH MARKET IN EUROPE, BY PRODUCT, 2013-2022 (USD BILLION)
    • APAC
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • REST OF APAC
        • Table HEARTH MARKET IN APAC, BY COUNTRY, 2013-2022 (USD BILLION)
        • Table HEARTH MARKET IN APAC, BY APPLICATION, 2013-2022 (USD BILLION)
        • Table HEARTH MARKET IN APAC, BY DESIGN, 2013-2022 (USD BILLION)
        • Table HEARTH MARKET IN APAC, BY FUEL TYPE, 2013-2022 (USD BILLION)
        • Table HEARTH MARKET IN APAC, BY PRODUCT, 2013-2022 (USD BILLION)
    • ROW
      • SOUTH AMERICA
      • SOUTH AFRICA
        • Table HEARTH MARKET IN ROW, BY COUNTRY, 2013-2022 (USD BILLION)
        • Table HEARTH MARKET IN ROW, BY APPLICATION, 2013-2022 (USD BILLION)
        • Table HEARTH MARKET IN ROW, BY DESIGN, 2013-2022 (USD BILLION)
        • Table HEARTH MARKET IN ROW, BY FUEL TYPE, 2013-2022 (USD BILLION)
        • Table HEARTH MARKET IN ROW, BY PRODUCT, 2013-2022 (USD BILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • MARKET RANKING FOR HEARTH MARKET, 2015
      • Table MARKET RANK ANALYSIS OF THE TOP PLAYERS IN THE HEARTH MARKET
    • COMPETITIVE SCENARIO AND TRENDS
    • DEVELOPMENTS
      • NEW PRODUCT LAUNCHES AND PRODUCT UPGRADE
        • Table NEW PRODUCT LAUNCHES, 2014-2016
      • PROJECTS UNDERTAKEN
        • Table PROJECTS UNDERTAKEN, 2015-2016
      • ACQUISITIONS
        • Table ACQUISITIONS, 2014
  • COMPANY PROFILES
    • INTRODUCTION
    • HNI CORPORATION (HEARTH & HOME TECHNOLOGIES LLC)
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TRAVIS INDUSTRIES INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • INNOVATIVE HEARTH PRODUCTS LLC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • FPI FIREPLACE PRODUCTS INTERNATIONAL LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • NAPOLEON PRODUCTS (WOLF STEEL LTD.)
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EMPIRE COMFORT SYSTEMS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • HEARTH PRODUCTS CONTROLS CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • HEARTHSTONE STOVES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • MONTIGO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • PACIFIC ENERGY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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