Los Angeles, CA -- (SBWire) -- 09/25/2018 --In terms of production side, this report researches the Hearth capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Hearth by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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.
The Hearth market was valued at 1400 Million US$ in 2017 and is projected to reach 1840 Million US$ by 2025, at a CAGR of 3.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Hearth.
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This report includes the following manufacturers; we can also add the other companies as you want.
Lenton Furnaces
Elite Thermal Systems
LÖCHER
Carbolite Gero
OTTO JUNKER
Borel Swiss
Keith Company
LABEC
Ceramic Engineering
Fluidtherm Technology
Surface Combustion
Market Segment by Product Type
Gas-fired Elevator Hearth Furnaces
Electric Elevator Hearth Furnaces
Market Segment by Application
Laboratory Use
Industrial Use
Others
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Hearth Market Is Projected to Reach 1840 Million US$ by 2025
This study focuses on the production side and consumption side of Hearth, presents the global Hearth market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.