Hearth Market by Fuel Type (Wood, Gas, Electricity, and Pellet), Product (Fireplace, Stove, and Insert), Design (Traditional Hearth, and Modern Hearth), Placement, Application, Technology, and Geography - Global Forecast to 2023
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for Study
1.4 Currency
1.5 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 List of Major Secondary Sources
2.1.1.2 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Key Data From Primary Sources
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown of Primaries
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing Market Size By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing Market Size By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Hearth Market
4.2 Hearth Market, By Fuel Type (2018 vs 2023)
4.3 Hearth Market, By Placement (2018 vs 2023)
4.4 Hearth Market, By Design (2018 vs 2023)
4.5 Hearth Market in Noth America, By Fuel Type and Country (2017)
4.6 Hearth Market, By Application (2017–2023)
4.7 Hearth Market, By Geography (2017)
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Requirements for Hearth Products in Cold Regions
5.2.1.2 Growing Interest for Esthetic and Designer Houses/Restaurants
5.2.1.3 Increasing Use of Solar Energy as an Alternative Fuel for Hearth Products
5.2.2 Restraints
5.2.2.1 Regulations for Environment Protection
5.2.2.2 Substitutes for Space Heating
5.2.3 Opportunities
5.2.3.1 Emergence of Automation Technologies and Home Automation
5.2.3.2 Advancement in Hearth Technologies and Use of Smoke-Free Fuel
5.2.4 Challenges
5.2.4.1 High-Cost Technology Leading to Time Constraints in Promoting Hearth Products
5.2.4.2 Challenges to Bring in Effective Pricing Strategies
5.3 Industry Trends
5.4 Value Chain Analysis
5.4.1 Research and Development
5.4.2 Component Manufacturing
5.4.3 Hearth Manufacturing and System Integration
5.4.4 Distribution
5.4.5 End User and Post-Sales Service
5.5 Key Industry Trends
5.6 Industrial Technologies and Standards
5.6.1 Industrial Technologies
5.6.2 Standards
5.7 Regulations and Requirements for Masonry Fireplaces and Chimneys
6 Hearth Market, By Fuel Type
6.1 Introduction
6.2 Wood
6.3 Gas
6.4 Electricity
6.5 Pellet
7 Hearth Market, By Product
7.1 Introduction
7.2 Fireplace
7.3 Stove
7.4 Insert
8 Hearth Market, By Design
8.1 Introduction
8.2 Traditional Hearth
8.3 Modern Hearth
8.3.1 Sensor
8.3.2 Burner
8.3.3 Remote Control System
8.3.4 Valve Kit
8.3.5 Other Component
9 Hearth Market, By Placement
9.1 Introduction
9.2 Indoor Hearth
9.3 Outdoor Hearth
9.4 Portable Hearth
10 Hearth Market, By Application
10.1 Introduction
10.2 Residential
10.3 Commercial
10.4 Hospitality
10.5 Institutional
11 Hearth Market, By Technology (Qualitative Study)
11.1 Introduction
11.2 Direct Vent Technology
11.3 Intermittent Pilot Ignition System
11.4 Zone Heating Technology
11.5 Smart Home Integration
11.6 Others
11.7 Market Trends of the Technologies:
12 Geographic Analysis
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 UK
12.3.2 Germany
12.3.3 Russia
12.3.4 Rest of Europe
12.4 APAC
12.4.1 China
12.4.2 Japan
12.4.3 South Korea
12.4.4 Rest of APAC
12.5 RoW
12.5.1 South America
12.5.2 South Africa
13 Competitive Landscape
13.1 Overview
13.2 Key Players in the Hearth Market
13.3 Competitive Situations and Trends
13.4 Competitive Scenario
13.4.1 Product Launches and Developments, 2014–2018
13.4.2 Partnerships, Collaborations, and Agreements, 2016
13.4.3 Expansions, 2014
14 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
14.1 Key Players
14.1.1 HNI Corporation (Hearth & Home Technologies)
14.1.2 Innovative Hearth Products
14.1.3 Travis Industries
14.1.4 FPI Fireplace Products
14.1.5 Napoleon Products (Wolf Steel Ltd.)
14.1.6 Empire Comfort Systems
14.1.7 Hearth Products Controls
14.1.8 Hearthstone Stoves
14.1.9 Montigo
14.1.10 Pacific Energy
14.2 Other Important Players
14.2.1 RH Peterson
14.2.2 GHP Group
14.2.3 Wilkening Fireplace
14.2.4 Jøtul
14.2.5 Nordpeis
14.3 Key Innovators
14.3.1 Rasmussen Gas Logs
14.3.2 Europeanhome
14.3.3 Barbas Bellfires
14.3.4 Element4
14.3.5 Stellar Hearth Products
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
15 Appendix
15.1 Insights of Industry Experts
15.2 Discussion Guide
15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
15.4 Introducing RT: Real-Time Market Intelligence
15.5 Available Customizations
15.6 Related Reports
15.7 Author Details
List of Tables
Table 1 Continental Temperature Anomalies, January 2018
Table 2 Summary of Requirements for Masonry Fireplaces and Chimneys
Table 3 Hearth Market, By Fuel Type, 2015–2023 (Thousand Units)
Table 4 Hearth Market, By Fuel Type, 2015–2023 (USD Billion)
Table 5 Wood-Based Hearth Market, By Region, 2015–2023 (USD Million)
Table 6 Wood-Based Hearth Market, By Product, 2015–2023 (USD Billion)
Table 7 Wood-Based Hearth Market, By Design, 2015–2023 (USD Billion)
Table 8 Wood-Based Hearth Market, By Application, 2015–2023 (USD Million)
Table 9 Gas-Based Hearth Market, By Region, 2015–2023 (USD Billion)
Table 10 Gas-Based Hearth Market, By Product, 2015–2023 (USD Billion)
Table 11 Gas-Based Hearth Market, By Design, 2015–2023 (USD Billion)
Table 12 Gas-Based Hearth Market, By Application, 2015–2023 (USD Billion)
Table 13 Electric Hearth Market, By Region, 2015–2023 (USD Billion)
Table 14 Electric Hearth Market, By Product, 2015–2023 (USD Billion)
Table 15 Electric Hearth Market, By Design, 2015–2023 (USD Billion)
Table 16 Electric Hearth Market, By Application, 2015–2023 (USD Billion)
Table 17 Pellet-Based Hearth Market, By Region, 2015–2023 (USD Billion)
Table 18 Pellet-Based Hearth Market, By Product, 2015–2023 (USD Billion)
Table 19 Pellet-Based Hearth Market, By Design, 2015–2023 (USD Billion)
Table 20 Pellet-Based Hearth Market, By Application, 2015–2023 (USD Billion)
Table 21 Hearth Market, By Product, 2015–2023 (USD Billion)
Table 22 Hearth Market for Fireplaces, By Design, 2015–2023 (USD Billion)
Table 23 Hearth Market for Fireplaces, By Fuel Type, 2015–2023 (USD Billion)
Table 24 Hearth Market for Stoves, By Design, 2015–2023 (USD Billion)
Table 25 Hearth Market for Stoves, By Fuel Type, 2015–2023 (USD Billion)
Table 26 Hearth Market for Inserts, By Design, 2015–2023 (USD Billion)
Table 27 Hearth Market for Inserts, By Fuel Type, 2015–2023 (USD Billion)
Table 28 Hearth Market, By Design, 2015–2023 (USD Billion)
Table 29 Hearth Market for Traditional Hearths, By Fuel Type, 2015–2023 (USD Billion)
Table 30 Hearth Market for Traditional Hearths, By Product, 2015–2023 (USD Billion)
Table 31 Hearth Market for Modern Hearths, By Fuel Type, 2015–2023 (USD Billion)
Table 32 Hearth Market for Modern Hearths, By Product, 2015–2023 (USD Billion)
Table 33 Hearth Market, By Placement, 2015–2023 (USD Billion)
Table 34 Indoor Hearth Market, By Application, 2015–2023 (USD Billion)
Table 35 Outdoor Hearth Market, By Application, 2015–2023 (USD Billion)
Table 36 Portable Hearth Market, By Application, 2015–2023 (USD Billion)
Table 37 Hearth Market, By Application, 2015–2023 (USD Billion)
Table 38 Residential Hearth Market, By Placement, 2015–2023 (USD Billion)
Table 39 Residential Hearth Market, By Fuel Type, 2015–2023 (USD Billion)
Table 40 Residential Hearth Market, By Region, 2015–2023 (USD Billion)
Table 41 Commercial Hearth Market, By Placement, 2015–2023 (USD Billion)
Table 42 Commercial Hearth Market, By Fuel Type, 2015–2023 (USD Billion)
Table 43 Commercial Hearth Market, By Region, 2015–2023 (USD Billion)
Table 44 Hospitality Hearth Market, By Placement, 2015–2023 (USD Billion)
Table 45 Hospitality Hearth Market, By Fuel Type, 2015–2023 (USD Billion)
Table 46 Hospitality Hearth Market, By Region, 2015–2023 (USD Billion)
Table 47 Institutional Hearth Market, By Placement, 2015–2023 (USD Billion)
Table 48 Institutional Hearth Market, By Fuel Type, 2015–2023 (USD Billion)
Table 49 Institutional Hearth Market, By Region, 2015–2023 (USD Billion)
Table 50 Hearth Market, By Region, 2015–2023 (USD Billion)
Table 51 Hearth Market in North America, By Application, 2015–2023 (USD Billion)
Table 52 Hearth Market in North America, By Fuel Type, 2015–2023 (USD Billion)
Table 53 Hearth Market in North America, By Country, 2015–2023 (USD Billion)
Table 54 Hearth Market in Europe, By Application, 2015–2023 (USD Billion)
Table 55 Hearth Market in Europe, By Fuel Type, 2015–2023 (USD Billion)
Table 56 Hearth Market in Europe, By Country, 2015–2023 (USD Billion)
Table 57 Hearth Market in APAC, By Application, 2015–2023 (USD Billion)
Table 58 Hearth Market in APAC, By Fuel Type, 2015–2023 (USD Billion)
Table 59 Hearth Market in APAC, By Country, 2015–2023 (USD Billion)
Table 60 Hearth Market in RoW, By Application, 2015–2023 (USD Billion)
Table 61 Hearth Market in RoW, By Fuel Type, 2015–2023 (USD Billion)
Table 62 Hearth Market in RoW, By Region, 2015–2023 (USD Billion)
Table 63 Top 5 Players in the Hearth Market, 2017
List of Figures
Figure 1 Segmentation of the Hearth Market
Figure 2 Hearth Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Assumptions for Research Study
Figure 6 Hearth Market Size (USD Billion) (2015–2023)
Figure 7 Electric Hearths to Hold Largest Size of Hearth Market By 2023
Figure 8 Hearth Market for Inserts to Grow at Highest CAGR Between 2018 and 2023
Figure 9 Market for Modern Hearths to Grow at Highest CAGR Between 2018 and 2023
Figure 10 North America to Dominate Hearth Market in 2018
Figure 11 Hearth Market to Grow at Moderate Rate Between 2018 and 2023 Owing to Emergence of Automation Technologies and Home Automation
Figure 12 Electric Hearth Market to Grow at Highest CAGR During Forecast Period
Figure 13 Market for Outdoor Hearths to Grow at Highest CAGR During Forecast Period
Figure 14 Traditional Hearths to Hold Largest Size of the Hearth Market in 2018
Figure 15 Electric Hearths Held Largest Share of Hearth Market in North America, and US to Dominate North American Hearth Market in 2017
Figure 16 Market for Hearths Used for Institutional Application to Grow at Highest CAGR Between 2018 and 2023
Figure 17 North America Held Largest Share of Hearth Market in 2017
Figure 18 Drivers, Restraints, Opportunities, and Challenges
Figure 19 Hearth Market: Value Chain Analysis
Figure 20 Product Development Emerges as Key Trend in Hearth Market
Figure 21 Hearth Market, By Fuel Type
Figure 22 North America to Hold Largest Size of Gas-Based Hearth Market During Forecast Period
Figure 23 Fireplaces Expected to Lead Electric Hearth Market During Forecast Period
Figure 24 Market for Modern Hearths Expected to Grow at Higher CAGR During Forecast Period
Figure 25 Hearth Market, By Product
Figure 26 Market for Modern Hearth Fireplaces to Grow at Highest CAGR During Forecast Period
Figure 27 Electric Stoves to Hold Largest Size of Hearth Market During Forecast Period
Figure 28 Hearth Market, By Design
Figure 29 Electric Hearths to Hold Largest Size of Traditional Hearth Market During Forecast Period
Figure 30 Fireplaces to Lead Modern Hearth Market During Forecast Period
Figure 31 Hearth Market, By Placement
Figure 32 Residential Sector to Hold Largest Size of Indoor Hearth Market During Forecast Period
Figure 33 Hospitality Sector to Lead Outdoor Hearth Market During Forecast Period
Figure 34 Hearth Market, By Application
Figure 35 Residential Hearth Market for Portable Hearths to Grow at Highest CAGR During Forecast Period
Figure 36 Electric Hearths to Hold Largest Size of Commercial Hearth Market During Forecast Period
Figure 37 North America to Hold Largest Size of Hospitality Hearth Market During Forecast Period
Figure 38 Hearth Market, By Placement
Figure 39 Hearth Market, By Geography
Figure 40 Hearth Market in Russia to Witness A Significant Growth During Forecast Period
Figure 41 North America: Snapshot of Hearth Market
Figure 42 Europe: Snapshot of Hearth Market
Figure 43 APAC: Snapshot of Hearth Market
Figure 44 Product Launches and Developments Emerged as Key Growth Strategies Adopted By Companies Between 2014 and 2018
Figure 45 Market Evaluation Framework: Product Launches & Developments Have Fueled Growth and Innovation Between 2015 and 2017
Figure 46 HNI Corporation (Hearth & Home Technologies): Company Snapshot
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