Hearth Market Growing at 3.13% CAGR to 2020 and Dominated by North America

Aug 17, 2015, 06:30 ET from RnR Market Research

CHICAGO, August 17, 2015 /PRNewswire/ --

Global Hearth Industry 2015 Market Research Report and Hearth Market by Fuel Type, Product, by Style & Geography - Global trends and forecasts to 2013 - 2020 provide an outlook into the hearth market, its leading players and trends.

Complete Global Hearth Industry 2015 Market Research Report spread across 172 pages, analyzing and profiling 10 major companies as well as supported with 185 tables and figures is now available at http://www.rnrmarketresearch.com/global-hearth-industry-2015-market-research-report-market-report.html .

Key manufacturers of the hearth market profiled and analyzed in this 2015 - 2020 research report include Hearth & Home Technologies, Travis Industries, FPI Fireplace Products International, Hearthstone Stoves, Empire Comfort System, Napoleon Appliance Corporation & Wolf Steel, Vermont Castings Group, Pacific Energy Fireplace and Stoves, Hearth Product Control and Innovative Hearth Products. This research provides data and information on global sales of hearth by regions (US, EU, China, Japan, etc) for 2010-2015, similarly global revenue of hearth by regions, price analysis of hearth sales by regions as well as worldwide price, cost and gross of hearth for 2010-2015.

Additionally, the global production of hearth market has been presented by technology, applications and regions covering US, EU, China, Japan, etc. Historical hearth market data for 2010-2015 is also provided for capacity and production, production market share analysis, sales overview, supply, sales and shortage, import, export and consumption as well as cost, price, revenue and gross margin of hearth. The report focuses on global major leading industry players of hearth market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information.

Upstream raw materials, equipment and downstream demand analysis for hearth market is carried out in this report. The Hearth market development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered. With 185 tables and figures to support the hearth market analysis, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. Order a copy of Global Hearth Industry 2015 Market Research Report at http://www.rnrmarketresearch.com/contacts/purchase?rname=404269 .

The second research titled Hearth Market by Fuel Type (Gas, Wood, Electric and Other), Product (Fireplace, Stove and Inserts) by Style (Traditional and Modern Hearth) & Geography - Global trends and forecasts to 2013 - 2020 forecasts an estimated revenue of $14.39 billion by 2020, growing at an estimated CAGR of 3.13% between 2015 to 2020. In 2014, the traditional hearth held a market share of 64.84% while the rest was accounted for by modern hearths. This industry uses various fuels for combustion; among which gas, electric, and wood are the key fuels. The electric and gas fuel types are expected to spearhead the hearth market. The North American market has the largest market size and is followed by Europe and APAC respectively. North America, which is considered as the key consumer of hearth products, accounted for approximately 60.74% of the total market in 2014.

The hearth market is highly influenced by the government policies. Thus, market players are aiming to launch products which are compatible to unconventional fuels such as biomass, in order to comply with government regulations. Such products are available across regions especially the North and Latin American countries and Europe. Due to a colder environment and presence of major market players, these regions hold the maximum share of the hearth market. This report details the value chain for the hearth market by considering all the major stakeholders in the market and their roles in the analysis. The five major factors in these markets have been quantified using the internal key parameters governing each of them. It covers a brief description of the major players that are active in the hearth market. It also covers the competitive landscape of these players which includes the key growth strategies and recent developments.

The major players in the hearth market and profiled in this research include Hearth & Home Technologies, Inc. (U.S.), FPI Fireplace Products International Ltd. (Canada), Vermont Casting Group (U.S), Empire Comfort Systems, Inc. (U.S.), Travis Industries (U.S.), Innovative Hearth Products LLC. (U.S.), Napoleon Appliance Corporation & Wolf Steel Ltd., Hearth Product Control Company, Hearthstone Stoves and Pacific Energy Fireplace and Stoves Ltd. Comprehensive table of contents and more on this hearth market research is available at http://www.rnrmarketresearch.com/hearth-market-by-fuel-type-gas-wood-electric-and-other-product-fireplace-stove-and-inserts-by-style-traditional-and-modern-hearth-geography-global-trends-and-forecasts-to-2013-2020-market-report.html .

For the manufacturing market, RnRMarketResearch.com has multiple newly published and relevant research titles:

World Housing to 2019: Worldwide construction of new housing units is forecast to increase 3% per annum to 62.6 million units in 2019. While global population growth is fore-cast to decelerate, declines in average household size will still allow the number of households in the world to increase 1.6 percent annually through 2019, boosting demand for new housing units. In addition, increased rural-to-urban migration, especially in developing countries, will spur construction of new housing units in urban areas. North America and Western Europe are expected to experience the most rapid growth in new housing unit demand through 2019. In both cases, gains will rise from depressed 2014 bases, with many countries recovering from the collapse of housing bubbles. Several of the countries that experienced the most severe downturns, including the United States and some countries in Western Europe, will experience double-digit annual increases in new housing units, although in most cases 2019 levels will remain below those in 2004. Because of the unusually low levels of housing construction in 2014 in North America and Western Europe, where units tend to be larger, the global average size of a new housing unit was lower in 2014 than it was in 2009 or 2004. The average new unit size is projected to rise slightly to 91 square meters in 2019. In-creasing incomes (particularly in developing countries) will support gains in average size. New units are generally larger than those in the existing stock, reflecting global rising per capita incomes and standards of living. Read more at http://www.rnrmarketresearch.com/world-housing-to-2019-market-report.html .

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