Los Angeles, CA -- (SBWIRE) -- 01/16/2019 -- This report studies the Electric Fireplace market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

An Electric Fireplace is an electric heater that mimics a fireplace burning coal, wood, or natural gas. Electric Fireplaces are often placed in conventional fireplaces, which can then no longer be used for conventional fires. They plug into the Freestanding Electric Fireplaces, and can run on a "flame only" setting, or can be used as a heater, typically consuming 1.4-1.6 kW that can heat a 400 sq ft (37 m2) room.

There is also a certain space of demand of Electric Fireplace product in market, but basically it shows the scarcity of high-end products and excess capacity of low end products. There is a large market demand of high-end products to seize market share of imports.

Despite the presence of competition problems, trend is clear due to the global recovery. Investors are still optimistic about this area; the future will still have more new investment.

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As large demand of high-end products at abroad, many companies began to enter the field of high-end. Currently, the Chinese Electric Fireplace industry is not only begin to transit to high-end Electric Fireplace products but also extend in the resource-rich land and downstream industry chain.

The global Electric Fireplace market was 3870 million US$ in 2017 and is expected to 4820 million US$ by the end of 2025, growing at a CAGR of 2.8% between 2018 and 2025.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Electric Fireplace in these regions, from 2013 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

GLEN DIMPLEX

SEI

Buck Stove

Twin-Star International

Allen

Napoleon

Kent Fireplace

Adam

Jetmaster

Fuerjia

Rui Dressing

GHP Group Inc.

BTB

Boge Technology

RICHEN

Saintec

Hubei Ruolin

Paite

Andong

Ruitian Industry

By the product type, the market is primarily split into

Wall Mount Electric Fireplaces

Built-In Electric Fireplaces

Freestanding Electric Fireplaces

By the end users/application, this report covers the following segments

House Use

Hotel Use

Other Place Use

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