Hearth Market Size worth $22.65 Billion by 2026 | CAGR: 5.3% | Global Key Players (Empire Comfort Systems, FPI Fireplace Products, GHP Group, Hearth Products Controls, Hearthstone Stoves, HNI, Innovative Hearth Products, Jtul, Montigo)

Marketprognosis.com Publish a New Market Research Report On “Hearth Market - Global Market Outlook (2017-2026)” which contains global key player’s survey information and forecast to 2026.

Overview of the Global Hearth Market:

The Global Hearth Market is accounted for $14.25 Billion in 2017 and is expected to reach $22.65 Billion by 2026 growing at a CAGR of 5.3% during the forecast period. Factors such as growing interest for esthetic and designer houses/restaurants, rising demand for hearth system within hospitality & leisure sector and increasing use of solar energy as an alternative fuel for hearth products are the key factors driving the market growth. However, factors such as regulations for environment protection, high-cost technology leading to time constraints in promoting hearth products and traditional hearths are not eco-friendly which is restraining the market growth.

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In terms of modern or historic use, a hearth is referred to as a stone or brick lined fireplace, without or with an oven, basically used for heating and also cooking food. From a long time, a hearth was a crucial part of a household and was mainly the most important and central feature of the house. Earlier, a hearth was commonly placed in the in the center of the hall, with the smoke rising to a smoke hole through the room. Later, such type of hearths was relocated to the side of a room and were installed with a chimney. In terms of fireplace design, a hearth is a crucial fragment of the fireplace, generally comprising masonry at the floor level or above and beneath the fireplace mantel. However, modern fireplaces have enhanced efficiency and have also been electrified, thus giving rise to the development of new type of hearths.

Geographically, North America held the largest share in the market due to the existence of many key companies hence increasing their production and distribution across the region.

Major Key Players:

1 Empire Comfort Systems

2 FPI Fireplace Products

3 GHP Group

4 Hearth Products Controls

5 Hearthstone Stoves

6 HNI Corporation (Hearth & Home Technologies)

7 Innovative Hearth Products

8 Jtul

9 Montigo and More…………..

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Market Segment by Designs:

1 Modern Hearth

2 Traditional Hearth

Market Segment by Technologies:

1 Direct Vent Technology

2 Intermittent Pilot Ignition System

3 Smart Home Integration

4 Zone Heating Technology

5 Other Technologies

Market Segment by Placements:

1 Outdoor Hearth

2 Indoor Hearth

3 Portable Hearth

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This study answers to the below key questions:

1 What will the market size be in 2026 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, 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 Market.

Table of Contents:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Hearth Market, By Design

6 Global Hearth Market, By Technology

7 Global Hearth Market, By Application

8 Global Hearth Market, By Product

9 Global Hearth Market, By Fuel Type

10 Global Hearth Market, By Placement

11 Global Hearth Market, By Geography

12 Key Developments

13 Companies Profiling

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