Electric Fireplace Market By System Type, By End User, By Region, Industry Analysis and Forecast, 2018 – 2028

Introduction
Electric fireplace is a heating device used in residential and commercial buildings for the heating of a room or workplace during the cold times. Electric fireplaces are increasingly adopted nowadays owing to their lower energy consumption and higher efficiency output. Moreover, electric fireplaces are more convenient and safe to use as they function with the help of an electrical switch. The heat & flames are generated directly by using electricity in the electric fireplace, which eliminates the construction of a chimney as well as the generation of smoke. The elimination of the need for a chimney is one of the key factors responsible for the high demand for electric fireplaces in the global market.

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Market Participants
The global market for electric fireplaces is consolidated and is highly dominated by top players in the market. Some of the leading players involved in the manufacturing and sales of electric fireplace across the global market are:
• Twin-Star Home (ClassicFlame®)
• Real Flame
• Dimplex North America
• Amantii Electric Fireplaces
• Napoleon Fireplaces
• Duraflame, Inc.
• Muskoka Electric Fireplaces

Regional Outlook
The market potential of electric fireplaces is primarily restricted to colder countries. However, the market in North America is expected to witness healthy growth owing to the higher adoption of newer technologies coupled with the growing awareness among the people of the region about increasing pollution. Moreover, the market is Europe is also estimated to witness significant growth in the future. Increasing innovations by the manufacturers of electric fireplaces has created a wide variety products in the market.

Hence, the availability of products according to the needs of customers is attracting them and making the market more lucrative in the region. Furthermore, the market in Asia Pacific is expected to grow moderately in the coming years. This can be attributed to low awareness among the people of the region about the product as well as the pollution caused by conventional fireplaces. In addition, the market in the countries of the Middle East & Africa region is expected to have a low growth potential and witness low to moderate growth in the future.

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The report covers exhaustive analysis on:
• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Value Chain

By Segmentation:
On the basis of electric fireplace type, the global electric fireplace market is segmented as:
• Stove
• Insert
• Table-Top
• Wall-Mounted
• Freestanding
On the basis of electric fireplace size, the global electric fireplace market is segmented as:
• Small (Up to 35")
• Medium (36" - 42")
• Large (43" - 48")
• Extra Large (49" & Above)
On the basis of application, the global electric fireplace market is segmented as:
• Residential
• Commercial

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