Global Space Heaters Market 2016-2020

Mar 02, 2016, 15:25 ET from Reportlinker

NEW YORK, March 2, 2016 /PRNewswire/ -- About Space Heaters Market

Space heating accounts for a large amount of energy consumption for residential consumers. It consumes more energy than other residential activities such as cooking, refrigeration, and lighting. People are increasingly investing on space heaters as they complement the centralized heating system and can be used to heat small areas.
Globally, there many types of heating appliances. Cold climatic conditions majorly influence the requirement for heating devices such as space heaters, which can provide thermal comfort to residential spaces. This requirement varies from region to region based on variations in climatic conditions, which primarily depends on temperature and precipitation.

Technavio's analysts forecast the global space heater market to grow at a CAGR of 5.18% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global space heaters market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of space heaters to the residential segment. The report takes into consideration electric space heaters that are also traded in the market as portable space heaters and room heaters.

The market is divided into the following segments based on types:
- Fan heaters
- Ceramic heaters
- Radiant heaters
- Convection heaters

Technavio's report, Global Space Heaters Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- De' Longhi Group
- Honeywell International
- Jarden Consumer Solutions
- Lasko Products Inc.

Other prominent vendors
- Dyson
- Optimus Enterprise Inc.
- Rinnai
- Sunpentown
- Vornado

Market driver
- Increasing penetration in emerging nations
- For a full, detailed list, view our report

Market challenge
- High annual energy costs compared to other heating options
- For a full, detailed list, view our report

Market trend
- Strong distribution channels
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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