Industry: Consumer Goods
Published Date: 2024-09-13
Pages: 167 Pages
Report ld: 3320251
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Electric Space Heater Market Size(US$)

CAGR 2024-2030
2.3%
Market Size,2030
USD 3,313
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
An electric space heater is a portable or stationary device designed to provide localized heating in a specific area or room. Unlike central heating systems, which distribute heat throughout an entire building, electric space heaters are intended to deliver heat directly to a small, confined space, making them ideal for supplementing existing heating systems or providing warmth in areas that are inadequately heated. These heaters operate by converting electrical energy into heat through various mechanisms, such as resistive heating elements or heating coils.
Electric space heaters come in several types, including convection heaters, radiant heaters, and fan-forced heaters. Convection heaters work by warming the air in the room, which then circulates naturally or is enhanced by a fan. Radiant heaters emit infrared radiation that directly heats objects and people within their line of sight. Fan-forced heaters use a fan to blow air over a heating element, distributing warm air more rapidly throughout the room.
One of the main advantages of electric space heaters is their ease of use and installation, as they typically require no permanent installation or complex setup. They also offer precise temperature control and can be operated independently of central heating systems, allowing for energy efficiency and cost savings by heating only the spaces in use. However, they may not be suitable for large areas or for providing consistent, whole-house heating. Overall, electric space heaters are valued for their convenience, affordability, and ability to deliver targeted heat in specific areas, making them a popular choice for enhancing comfort in various indoor environments.
The global market for Electric Space Heater was estimated to be worth US$ 2832 million in 2023 and is forecast to a readjusted size of US$ 3313 million by 2030 with a CAGR of 2.3% during the forecast period 2024-2030.
Global key players of Electric Space Heater include GlenDimplex, Midea Group, etc. Global top 3 companies hold a share over 20%. North America is the largest market, with a share about 40%, followed by China and Europe with the share about 30% and 20%. In terms of product, Convector Heater is the largest segment, with a share over 90%. And in terms of application, the largest application is Residential use, with a share about 85%.
The electric space heater market is witnessing significant growth, driven by evolving consumer preferences for energy-efficient and cost-effective heating solutions. As energy costs continue to rise and environmental awareness increases, electric space heaters are becoming a popular choice for localized heating in residential and commercial spaces. Their ability to provide targeted warmth without the need for extensive installation makes them an attractive alternative to traditional central heating systems. Recent market trends highlight a shift towards more advanced and user-friendly models, incorporating smart technologies such as programmable thermostats, remote controls, and integration with home automation systems. These innovations offer greater control over heating preferences and contribute to energy savings. Safety features are also a key focus, with manufacturers enhancing designs to include automatic shut-off mechanisms, overheat protection, and tip-over switches to address potential safety concerns. Additionally, the market is seeing a rise in eco-friendly models that utilize advanced heating technologies to minimize energy consumption and reduce environmental impact. Aesthetic improvements have also been notable, with contemporary designs that blend seamlessly into modern interiors. Geographically, the market is expanding across both developed and emerging regions, driven by factors such as colder climates and increasing urbanization. In developed markets, there is a trend towards upgrading to high-efficiency models with sophisticated features, while in emerging markets, the emphasis is on affordable and effective heating solutions for growing residential and commercial needs.
This report aims to provide a comprehensive presentation of the global market for Electric Space Heater, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Electric Space Heater by region & country, by Type, and by Application.
The Electric Space Heater market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Space Heater.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Electric Space Heater manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Electric Space Heater in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Electric Space Heater in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
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TABLE OF CONTENTS
1 Market Overview
1.1 Electric Space Heater Product Introduction
1.2 Global Electric Space Heater Market Size Forecast
1.2.1 Global Electric Space Heater Sales Value (2019-2030)
1.2.2 Global Electric Space Heater Sales Volume (2019-2030)
1.2.3 Global Electric Space Heater Sales Price (2019-2030)
1.3 Electric Space Heater Market Trends & Drivers
1.3.1 Electric Space Heater Industry Trends
1.3.2 Electric Space Heater Market Drivers & Opportunity
1.3.3 Electric Space Heater Market Challenges
1.3.4 Electric Space Heater Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Electric Space Heater Players Revenue Ranking (2023)
2.2 Global Electric Space Heater Revenue by Company (2019-2024)
2.3 Global Electric Space Heater Players Sales Volume Ranking (2023)
2.4 Global Electric Space Heater Sales Volume by Company Players (2019-2024)
2.5 Global Electric Space Heater Average Price by Company (2019-2024)
2.6 Key Manufacturers Electric Space Heater Manufacturing Base and Headquarters
2.7 Key Manufacturers Electric Space Heater Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Electric Space Heater
2.9 Electric Space Heater Market Competitive Analysis
2.9.1 Electric Space Heater Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Electric Space Heater Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Space Heater as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Convector Heater
3.1.2 Radiant Heater
3.2 Global Electric Space Heater Sales Value by Type
3.2.1 Global Electric Space Heater Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Electric Space Heater Sales Value, by Type (2019-2030)
3.2.3 Global Electric Space Heater Sales Value, by Type (%) (2019-2030)
3.3 Global Electric Space Heater Sales Volume by Type
3.3.1 Global Electric Space Heater Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Electric Space Heater Sales Volume, by Type (2019-2030)
3.3.3 Global Electric Space Heater Sales Volume, by Type (%) (2019-2030)
3.4 Global Electric Space Heater Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Residential
4.1.2 Commercial
4.2 Global Electric Space Heater Sales Value by Application
4.2.1 Global Electric Space Heater Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Electric Space Heater Sales Value, by Application (2019-2030)
4.2.3 Global Electric Space Heater Sales Value, by Application (%) (2019-2030)
4.3 Global Electric Space Heater Sales Volume by Application
4.3.1 Global Electric Space Heater Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Electric Space Heater Sales Volume, by Application (2019-2030)
4.3.3 Global Electric Space Heater Sales Volume, by Application (%) (2019-2030)
4.4 Global Electric Space Heater Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Electric Space Heater Sales Value by Region
5.1.1 Global Electric Space Heater Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Electric Space Heater Sales Value by Region (2019-2024)
5.1.3 Global Electric Space Heater Sales Value by Region (2025-2030)
5.1.4 Global Electric Space Heater Sales Value by Region (%), (2019-2030)
5.2 Global Electric Space Heater Sales Volume by Region
5.2.1 Global Electric Space Heater Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Electric Space Heater Sales Volume by Region (2019-2024)
5.2.3 Global Electric Space Heater Sales Volume by Region (2025-2030)
5.2.4 Global Electric Space Heater Sales Volume by Region (%), (2019-2030)
5.3 Global Electric Space Heater Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Electric Space Heater Sales Value, 2019-2030
5.4.2 North America Electric Space Heater Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Electric Space Heater Sales Value, 2019-2030
5.5.2 Europe Electric Space Heater Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Electric Space Heater Sales Value, 2019-2030
5.6.2 Asia Pacific Electric Space Heater Sales Value by Region (%), 2023 VS 2030
5.7 South America
5.7.1 South America Electric Space Heater Sales Value, 2019-2030
5.7.2 South America Electric Space Heater Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Electric Space Heater Sales Value, 2019-2030
5.8.2 Middle East & Africa Electric Space Heater Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Electric Space Heater Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Electric Space Heater Sales Value
6.2.1 Key Countries/Regions Electric Space Heater Sales Value, 2019-2030
6.2.2 Key Countries/Regions Electric Space Heater Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Electric Space Heater Sales Value, 2019-2030
6.3.2 United States Electric Space Heater Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Electric Space Heater Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Electric Space Heater Sales Value, 2019-2030
6.4.2 Europe Electric Space Heater Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Electric Space Heater Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Electric Space Heater Sales Value, 2019-2030
6.5.2 China Electric Space Heater Sales Value by Type (%), 2023 VS 2030
6.5.3 China Electric Space Heater Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Electric Space Heater Sales Value, 2019-2030
6.6.2 Japan Electric Space Heater Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Electric Space Heater Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Electric Space Heater Sales Value, 2019-2030
6.7.2 South Korea Electric Space Heater Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Electric Space Heater Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Electric Space Heater Sales Value, 2019-2030
6.8.2 Southeast Asia Electric Space Heater Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Electric Space Heater Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Electric Space Heater Sales Value, 2019-2030
6.9.2 India Electric Space Heater Sales Value by Type (%), 2023 VS 2030
6.9.3 India Electric Space Heater Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 GlenDimplex
7.1.1 GlenDimplex Company Information
7.1.2 GlenDimplex Introduction and Business Overview
7.1.3 GlenDimplex Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.1.4 GlenDimplex Electric Space Heater Product Offerings
7.1.5 GlenDimplex Recent Development
7.2 Midea Group
7.2.1 Midea Group Company Information
7.2.2 Midea Group Introduction and Business Overview
7.2.3 Midea Group Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.2.4 Midea Group Electric Space Heater Product Offerings
7.2.5 Midea Group Recent Development
7.3 Hearth & Home Technologies
7.3.1 Hearth & Home Technologies Company Information
7.3.2 Hearth & Home Technologies Introduction and Business Overview
7.3.3 Hearth & Home Technologies Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.3.4 Hearth & Home Technologies Electric Space Heater Product Offerings
7.3.5 Hearth & Home Technologies Recent Development
7.4 Singfun
7.4.1 Singfun Company Information
7.4.2 Singfun Introduction and Business Overview
7.4.3 Singfun Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.4.4 Singfun Electric Space Heater Product Offerings
7.4.5 Singfun Recent Development
7.5 Panasonic
7.5.1 Panasonic Company Information
7.5.2 Panasonic Introduction and Business Overview
7.5.3 Panasonic Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.5.4 Panasonic Electric Space Heater Product Offerings
7.5.5 Panasonic Recent Development
7.6 Thermor
7.6.1 Thermor Company Information
7.6.2 Thermor Introduction and Business Overview
7.6.3 Thermor Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.6.4 Thermor Electric Space Heater Product Offerings
7.6.5 Thermor Recent Development
7.7 Twin-Star International
7.7.1 Twin-Star International Company Information
7.7.2 Twin-Star International Introduction and Business Overview
7.7.3 Twin-Star International Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.7.4 Twin-Star International Electric Space Heater Product Offerings
7.7.5 Twin-Star International Recent Development
7.8 Gree
7.8.1 Gree Company Information
7.8.2 Gree Introduction and Business Overview
7.8.3 Gree Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.8.4 Gree Electric Space Heater Product Offerings
7.8.5 Gree Recent Development
7.9 Airmate
7.9.1 Airmate Company Information
7.9.2 Airmate Introduction and Business Overview
7.9.3 Airmate Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.9.4 Airmate Electric Space Heater Product Offerings
7.9.5 Airmate Recent Development
7.10 De'Longhi
7.10.1 De'Longhi Company Information
7.10.2 De'Longhi Introduction and Business Overview
7.10.3 De'Longhi Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.10.4 De'Longhi Electric Space Heater Product Offerings
7.10.5 De'Longhi Recent Development
7.11 Noirot
7.11.1 Noirot Company Information
7.11.2 Noirot Introduction and Business Overview
7.11.3 Noirot Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.11.4 Noirot Electric Space Heater Product Offerings
7.11.5 Noirot Recent Development
7.12 Lasko
7.12.1 Lasko Company Information
7.12.2 Lasko Introduction and Business Overview
7.12.3 Lasko Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.12.4 Lasko Electric Space Heater Product Offerings
7.12.5 Lasko Recent Development
7.13 Stiebel Eltron
7.13.1 Stiebel Eltron Company Information
7.13.2 Stiebel Eltron Introduction and Business Overview
7.13.3 Stiebel Eltron Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.13.4 Stiebel Eltron Electric Space Heater Product Offerings
7.13.5 Stiebel Eltron Recent Development
7.14 Zehnder Group
7.14.1 Zehnder Group Company Information
7.14.2 Zehnder Group Introduction and Business Overview
7.14.3 Zehnder Group Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.14.4 Zehnder Group Electric Space Heater Product Offerings
7.14.5 Zehnder Group Recent Development
7.15 TCL
7.15.1 TCL Company Information
7.15.2 TCL Introduction and Business Overview
7.15.3 TCL Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.15.4 TCL Electric Space Heater Product Offerings
7.15.5 TCL Recent Development
7.16 Haier
7.16.1 Haier Company Information
7.16.2 Haier Introduction and Business Overview
7.16.3 Haier Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.16.4 Haier Electric Space Heater Product Offerings
7.16.5 Haier Recent Development
7.17 Aux Group
7.17.1 Aux Group Company Information
7.17.2 Aux Group Introduction and Business Overview
7.17.3 Aux Group Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.17.4 Aux Group Electric Space Heater Product Offerings
7.17.5 Aux Group Recent Development
7.18 Ningbo Kadeer Electrical Appliances
7.18.1 Ningbo Kadeer Electrical Appliances Company Information
7.18.2 Ningbo Kadeer Electrical Appliances Introduction and Business Overview
7.18.3 Ningbo Kadeer Electrical Appliances Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.18.4 Ningbo Kadeer Electrical Appliances Electric Space Heater Product Offerings
7.18.5 Ningbo Kadeer Electrical Appliances Recent Development
7.19 FOSHAN SHUNDE HONGJIN ELECTRIC CO., LTD
7.19.1 FOSHAN SHUNDE HONGJIN ELECTRIC CO., LTD Company Information
7.19.2 FOSHAN SHUNDE HONGJIN ELECTRIC CO., LTD Introduction and Business Overview
7.19.3 FOSHAN SHUNDE HONGJIN ELECTRIC CO., LTD Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.19.4 FOSHAN SHUNDE HONGJIN ELECTRIC CO., LTD Electric Space Heater Product Offerings
7.19.5 FOSHAN SHUNDE HONGJIN ELECTRIC CO., LTD Recent Development
7.20 Smartmi
7.20.1 Smartmi Company Information
7.20.2 Smartmi Introduction and Business Overview
7.20.3 Smartmi Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.20.4 Smartmi Electric Space Heater Product Offerings
7.20.5 Smartmi Recent Development
7.21 Changhong
7.21.1 Changhong Company Information
7.21.2 Changhong Introduction and Business Overview
7.21.3 Changhong Electric Space Heater Sales, Revenue, Price and Gross Margin (2019-2024)
7.21.4 Changhong Electric Space Heater Product Offerings
7.21.5 Changhong Recent Development
8 Industry Chain Analysis
8.1 Electric Space Heater Industrial Chain
8.2 Electric Space Heater Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Electric Space Heater Sales Model
8.5.2 Sales Channel
8.5.3 Electric Space Heater Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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