Press release
Outdoor Heating Market Size Projected To Reach $5.5 Billion By 2034 With A Cagr Of 6.6%
Outdoor Heating Market Size
What Is the Outdoor Heating Market Size and Projected Growth Rate?
The dimension of the outdoor heating market has seen robust expansion in the last few years. The market is projected to increase from $4.02 billion in 2024 to $4.26 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.9%. The past growth can be credited to the expansion in outdoor living spaces, the increasing trend of outdoor social gatherings, demand from the hospitality sector, trends in home refurbishment and redevelopment, fluctuating weather conditions and seasonal usage.
In the coming years, robust growth is anticipated in the outdoor heating market, with projections indicating a surge to $5.5 billion by 2029, thanks to a compound annual growth rate (CAGR) of 6.6%. This anticipated growth throughout the forecast period can be linked to factors such as increased emphasis on outdoor home comfort, a surge in the popularity of outdoor dining, the rebound of the hospitality industry, urbanization, and the scarcity of indoor spaces, along with heightened awareness about outdoor health and wellness. The forecast period is also set to see leading trends like the inclusion of advanced and interconnected features, diverse fuel choices and hybrid heating systems, attention towards safety measures and conformity, advancements in tabletop and ornamental heating, as well as solutions for year-round outdoor living.
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What Are the Major Segments in the Outdoor Heating Market?
The outdoor heating market covered in this report is segmented -
1) By Types: Portable, Standalone Heaters, Tabletop, Mountable
2) By Fuel Type: Electric, Gas or Propane, Wood and Solid Fuel
3) By Applications: Restaurant Patios, Rooftop Decks, Transit Shelters, Public Spaces
4)By End-User: Residential, Commercial
Subsegments:
1) By Portable: Propane Heaters, Electric Heaters, Gas Heaters
2) By Standalone Heaters: Patio Heaters, Fire Pits
3) By Tabletop: Mini Patio Heaters, Tabletop Fire Pits
4) By Mountable: Wall-Mounted Heaters, Ceiling-Mounted Heaters
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What Are The Driving Outdoor Heating Market Evolution?
The surge in the use of electric heaters among consumers is predicted to fuel the expansion of outdoor heating in the future. Electric heaters are appliances that transform electrical energy into thermal energy, used to heat air or objects within a specific area. They are commonly deployed for climate and humidity regulation in buildings, cold climate plant growing, and in facilities like hotels and restaurants. Electric heaters for household use are not only safe but also energy-efficient, continuing to generate warmth long after they've been turned off. To illustrate, data from Growth from Knowledge (GfK), a Germany-based consumer goods industry research firm, shows that since the inception of 2022, approximately 958,000 electric heaters have been purchased in Germany. Between January and August 2022, sales of these heaters in the German market have seen a 76% increase compared to the same time frame the previous year. Consequently, the rise in consumer adoption of electric heaters is propelling the growth of the outdoor heating market.
Which Firms Dominate The Outdoor Heating Market Segments?
Major companies operating in the outdoor heating market include Rinnai Corporation, Tansun Corporation, Bond Manufacturing Co, Blue Rhino Enterprises LLC, Schwank Ltd., Infrared Dynamics Inc., Lynx Grills Inc., Bromic Heating Ltd., Mr. Heater Corporation, Napoleon Heating & Cooling Inc., Enders Produktion GmbH, Outdoor GreatRoom Company LLC, Infralia Inc., Fire Sense Technologies Inc., Calcana Industries Ltd., Wolf Steel Ltd., Dayva International LLC, Heininger Holdings LLC, Sunheat International Inc., Sunglo Awnings & Heaters Inc., Patio Comfort LLC, AEI Corporation, EnerG+ Corporation, Lava Heat Italia LLC, patioSchwank Holdings Inc., Solaira Heaters Inc., Heatstrip Industries LLC, Infratech Systems Corporation, IR Energy Inc., Sunpak Technologies LLC, BioLite Innovations LLC
What Trends Are Driving Growth in The Outdoor Heating Market?
Product innovation is increasingly becoming a vital trend in the outdoor heating market. Major market players are dedicating resources to research and development for innovative products in order to maintain a competitive advantage. A prime example of this occurred in October 2022 when Nexgrill, a US company that designs and manufactures products for outdoor living, unveiled a new range of patio heaters. These Nexgrill Patio Heaters are capable of generating up to 48,000 Btu of thermal energy from a common 20-pound propane tank, effectively mitigating cool temperatures and promoting all-weather outdoor living. The heaters can be easily ignited using the battery-powered electric ignition and provide instantaneous warmth. Consumers can regulate the heat output to their preferred level using the control knob. The heaters, which have built-in caster wheels, can be effortlessly relocated when not needed, conserving deck or patio areas. Besides providing the warm, comforting luminescence of a natural flame, the aesthetic appeal of the patio heater is enhanced by its stainless-steel construction and finish, making it a striking feature in any outdoor setting.
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Which Is The Largest Region In The Outdoor Heating Market?
North America was the largest region in the outdoor heating market share in 2024. The regions covered in the outdoor heating market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Outdoor Heating Market?
2. What is the CAGR expected in the Outdoor Heating Market?
3. What Are the Key Innovations Transforming the Outdoor Heating Industry?
4. Which Region Is Leading the Outdoor Heating Market?
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