DUBLIN–(BUSINESS WIRE)–The “Hearth Market – Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to the report, the Global Hearth Market accounted for $14.25 billion in 2017 and is expected to reach $22.65 billion by 2026 growing at a CAGR of 5.3% during the forecast period.
Factors such as growing interest for esthetic and designer houses/restaurants, rising demand for hearth system within hospitality & leisure sector and increasing use of solar energy as an alternative fuel for hearth products are the key factors driving the market growth. However, factors such as regulations for environment protection, high-cost technology leading to time constraints in promoting hearth products and traditional hearths are not eco-friendly which are restraining the market growth.
Based on product, fireplace segment held steady growth during the predicted period. These are now mainly used to generate a relaxing and comfortable ambience, indoor or outdoor. Current fireplaces have better heat efficiency and sophistication in design.
By geography, North America held the largest share in the market due to the existence of many key companies hence increasing their production and distribution across the region.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Hearth Market, By Design
6 Global Hearth Market, By Technology
7 Global Hearth Market, By Application
8 Global Hearth Market, By Product
9 Global Hearth Market, By Fuel Type
10 Global Hearth Market, By Placement
11 Global Hearth Market, By Geography
12 Key Developments
13 Company Profiling
- Empire Comfort Systems
- FPI Fireplace Products
- GHP Group
- Hearth Products Controls
- Hearthstone Stoves
- HNI Corporation (Hearth & Home Technologies)
- Innovative Hearth Products
- Napoleon Products (Wolf Steel Ltd.)
- Pacific Energy
- RH Peterson
- Travis Industries
- Wilkening Fireplace
For more information about this report visit https://www.researchandmarkets.com/research/sbz5s9/hearth_market?w=4