The global Hearth market was valued at 14.4 Million USD in 2021 and will grow with a CAGR of 3.24% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

Lenton Furnaces

Elite Thermal Systems

LÖCHER

Carbolite Gero

OTTO JUNKER

Borel Swiss

Keith Company

LABEC

Ceramic Engineering

Fluidtherm Technology

Surface Combustion

By Types:

Gas-fired Elevator Hearth Furnaces

Electric Elevator Hearth Furnaces

By Applications:

Laboratory Use

Industrial Use

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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