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Global Space Heaters Market 2017 to grow at a CAGR of 5.45% to 2021

05-03-2017 02:37 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Orbis Research

Global Space Heaters Market 2017 to grow at a CAGR of 5.45% to 2021

Summary

Obis Research Present’s Global Hazelnut Market to grow at a CAGR of 6.76% during the period 2017-2021.

Description

Research Report – Global Space Heaters Market 2017-2021

The Following Companies as the Key Players in the Global Space Heaters Market: De'Longhi Appliances, Honeywell International, Jarden Consumer solutions and Lasko Products.

Other Prominent Vendors in the market are: Crane–USA, Dyson, Heat Storm, Optimus Enterprise, Sunpentown International, SUNHEAT INTERNATIONAL and Vornado Air.

Commenting on the report,: “One trend in the market is growing demand for propane space heating products. The demand for propane space heating products will increase during the forecast period. The rising electricity prices in developed countries is propelling the demand for propane space heating products. In 2014, nearly 40% of the US households relied on electrical heaters as their primary heating source.”

According to the report, one driver in the market is growth in expenditure on essential items in emerging nations. The increase in per capita income will drive the market for space heaters in growing nations. An increase in the adoption of electric and technologically advanced products is seen in developing markets, especially among the higher income segments. As the number of working families is rising, people have started opting for electric home appliances. With the improved scope for high-priced space heaters, small players are introducing new products to capitalize the increasing purchasing power of consumers.

Further, the report states that one challenge in the market is growing market for technologically advanced HVAC systems. HVAC (Heating, ventilation and air conditioning) products provide conditioned air. Conditioned air is clean and odor-free with its temperature, humidity, and movement controlled. HVAC systems are widely used across residential and non-residential sectors. They are used in buildings to help with mechanization and provide good indoor air quality through adequate ventilation and air filtration. HVAC systems use equipment such as heat exchangers, pumps, and fans to control and regulate a room's humidity and temperature.

PURCHASE a copy of this report @ http://www.orbisresearch.com/contact/purchase/270634 .
And if you want to REQUEST a sample of this report @ http://www.orbisresearch.com/contacts/request-sample/270634

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

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