Outdoor Heating Market Size

SkyQuest Technology's Outdoor heating market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Outdoor Heating Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.

Outdoor Heating Market Insights

Market Overview:

In 2022, the global outdoor heating industry had a market size of approximately USD 1.22 billion. Projections indicate substantial growth, with the market expected to reach USD 1.88 billion by 2030, starting from USD 1.27 billion in 2023. This growth is attributed to a forecasted compound annual growth rate (CAGR) of 5.8% over the specified period. Outdoor heating devices, tailored to distribute warmth where people congregate, function by emitting heat that is absorbed by both objects and individuals, thereby elevating the ambient temperature. These devices encompass a variety of options such as gas patio heaters, electric lamps with ceramic or quartz elements, and fire pits, and they can be configured in different styles, including wall-mounted, hanging, or tabletop models.

Outdoor Heating Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Housewares & Specialties by segment aggregation, the contribution of the Housewares & Specialties in Consumer Durables & Apparel and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Outdoor Heating was estimated to be valued at US$ XX Mn in 2021.

The Outdoor Heating Market is estimated to grow at a CAGR of XX% by 2028.

The Outdoor Heating Market is segmented on the basis of Product Type, Fuel Type, Application, Region.

Based on region, the Outdoor Heating Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Outdoor Heating Market are , Infratech , Lava Heat Italia , Bromic , Calcana , Ambience , Fire Sense , Schwank (patioSchwank) , AZ Patio Heaters , Napoleon , Dayva , Lynx Grills .

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Outdoor Heating Market
Outdoor Heating Market

Report ID: UCMIG25I2022

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