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Global Smart Flush Mounted Electric Fireplaces Market Growth 2024-2030

Global Smart Flush Mounted Electric Fireplaces Market Growth 2024-2030

Product Code:1138203

Published Date: Jan 30,2024

Pages: 156

Region: Global

Category: Machinery & Equipment

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Smart flush mounted electric fireplaces work by drawing in cool air, heating it internally using heating coils, and then gently pushing the hot air back into the room via a fan. Some electric fireplaces also use infrared technology to directly heat objects in the room. Smart electric fireplaces come in all shapes and sizes and can be turned on and off remotely by voice, as well as remotely controlled via a smartphone app.

The global Smart Flush Mounted Electric Fireplaces market size is projected to grow from US$ 2190.3 million in 2023 to US$ 2931.8 million in 2030; it is expected to grow at a CAGR of 4.3% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Smart Flush Mounted Electric Fireplaces Industry Forecast” looks at past sales and reviews total world Smart Flush Mounted Electric Fireplaces sales in 2023, providing a comprehensive analysis by region and market sector of projected Smart Flush Mounted Electric Fireplaces sales for 2024 through 2030. With Smart Flush Mounted Electric Fireplaces sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Flush Mounted Electric Fireplaces industry.

This Insight Report provides a comprehensive analysis of the global Smart Flush Mounted Electric Fireplaces landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Flush Mounted Electric Fireplaces portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Flush Mounted Electric Fireplaces market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Flush Mounted Electric Fireplaces and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Flush Mounted Electric Fireplaces.

Increase in infrastructure development and importance of furnace refurbishment is expected to drive the market growth at a significant rate. The development of products with supplemental heating solutions has been an encouraging cost-effective and highly practical solution for residential and certain commercial spaces. The supplement offers a district heating feature, which customers can use to select specific areas frequently visited by occupants for heating. Furthermore, the development of new technologies and high-end products is expected to drive the market growth. Development of energy-efficient products is expected to boost the growth of the global electric fireplace market. The reliance of customers on environmentally friendly smokeless heating systems in infrastructure is also boosting the sales outlook of the market. Many clients are looking to renovate and remodel. They are trying to install compact products with lower operating costs and therefore prefer electric products in their facilities. Huge interest from key players in developing novel products has opened the door for developing various customizations and designs. The integration of thermostat controlled heaters with inner glow logs is significantly driving the global market. Numerous companies operating in multiple regions are keen to enter the global market by analyzing the diverse growth opportunities in the global market. Continuous efforts by manufacturers to develop imaginative new products are expected to attract customers to this highly optimistic market.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Flush Mounted Electric Fireplaces market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
    Steel Electric Fireplace
    Brick Electric Fireplace

Segmentation by application
    Residential
    Commercial

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Ortal Heat
    GlenDimplex
    Hearth & Home Technologies
    Twin-Star International
    Stovax
    Litedeer Homes
    Napoleon
    Amantii
    Empire Comfort Systems
    Touchstone
    Ignis Products
    Fuerjia
    Allen
    Modern Flame
    Boge Technology
    European Home
    Kalfire
    BFM Europe
    Decoflame
    Osburn

Key Questions Addressed in this Report
What is the 10-year outlook for the global Smart Flush Mounted Electric Fireplaces market?
What factors are driving Smart Flush Mounted Electric Fireplaces market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Smart Flush Mounted Electric Fireplaces market opportunities vary by end market size?
How does Smart Flush Mounted Electric Fireplaces break out type, application?