Product ID: SQMIG25H2032
Global Electric Fireplace Market Size, Share, Growth Analysis, By Product Type(Wall Mounted, Built-In), By Application(Residential and Commercial), By Installation(Fixed and Portable) - Industry Forecast 2024-2031
Report ID:
SQMIG25H2032 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
88 |
Figures:
76
Global Electric Fireplace Market News
- Twin-Star International is a global brand that offers electric fireplaces, tables, media and wine cabinets, bath vanities, kitchen islands, and infrared heaters. The home furnishing company launched a new line of Smart Fireplaces in February 2023. They can be controlled at a distance with the use of a tablet or smartphone.
- Glen Dimplex is the leading American manufacturer of Electric Fireplaces, Media Consoles, Wall-Mounts, Electric Heat, Baseboards, and wood fired stoves, The Irish-based company reported it would be soon releasing its Opti-Myst technology in January 2023. With this, consumers can access a realistic flame effect in their electrical fireplaces. Added bonus, they won’t even need a firebox or fuel to do so.
- The US DOE made a public report about the benefits of installing an electric fireplace in July 2023. The published report stated these products can improve indoor air quality and home value, along with lowering energy costs.
- The government body in China released a new regulatory set of rules in June 2023. These rules will be implemented on the electric fireplaces market. This set targets the increased sustainability and efficiency of electric fireplaces.
- The Consumer Electronics Show (CES) is a trade show held annually by the Consumer Technology Association. Here, new ranges of electric fireplace products were presented in September 2023. Some additions in these products included smart features like home connectivity and VR, along with built-in speakers.
- The National Fire Protection Association (NFPA) is a global nonprofit organization which is self-funded. This NPO released a new mandate for all new electric fireplaces in August 2023. This law requires all further products in the market to have in-built safety features, like automatic shut-off.
Global Electric Fireplace Market Report Snapshots
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