Outdoor Heating Market opportunities, Assessment, Development And Forecast 2027
Patios and backyards are outdoor spaces that serve as an extension of the home. During the pandemic and lockdown, households became aware of the need for outside heat sources such as heat lamps, patio heaters, and fire pits. According to several leading outdoor heating companies, the outdoor heating trend has been thriving for a long time, not just during the recent pandemic.
Outdoor Heating Market Report Scope and Research Methodology:
The report's main goal is to provide a comprehensive assessment of the Outdoor Heating market, which includes major leading stakeholders in the Outdoor Heating industry. The assessment clearly shows the forecasted market size and trends, as well as the Outdoor Heating market's historical and status. The report includes revenue, market share, production, and sales data for the Outdoor Heating market. In addition, the report includes Outdoor Heating market segment trends, investment, and technology, as well as the competitive landscape. It also includes an examination of regional and market segments, application areas, and market growth strategies. An in-depth analysis of market segmentation aids in determining current market opportunities, and the major segments of the Outdoor Heating market are further subdivided.
The report analyses the Outdoor Heating market qualitatively and quantitatively from 2022 to 2027 to identify the current market opportunity. Porter's five forces analysis highlights the ability of Outdoor Heating industry suppliers and buyers to make profit-oriented business decisions and strengthen their buyer-supplier network. The Outdoor Heating market study provides unique guidance in thoughtful details regarding development factors, and it was created using a top-down and bottom-up approach to ensure accuracy and precision. SMR's expert analysts gathered data for the Outdoor Heating market report using extensive primary and secondary research methodologies.
Outdoor Heating Market Overview
The report goes into detail about the Outdoor Heating Market's drivers, restraints, technological advancements, product developments, market opportunities, restrictions, growth strategies, and market prospects, as well as the forecast period. The report provides a comprehensive examination of the Outdoor Heating industry, including key figures such as Outdoor Heating market size, market share, revenue growth, and CAGR for the forecast period (2021 to 2027).
Outdoor Heating market Size was valued at USD 422.6 million in 2021. The Global Outdoor Heating Market is estimated to grow at a CAGR of 5.3% and expected to reach USD 576.11 million over the forecast period.
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Outdoor Heating Market Drivers:
Patio heaters are low-maintenance sources of heat that can be used even when the patio is covered. Patio heaters are less expensive and safer than other outdoor heating devices, so demand for them is expected to drive the outdoor heating market in the coming years. Electric patio heaters are expected to become more popular in the near future due to their ability to be environmentally friendly by utilizing renewable energy sources. In addition, the use of propane or gas-powered patio heaters is governed by a set of rules and regulations. These restrictions do not apply to electric patio heaters. These factors are also contributing to the growth of the outdoor heating market.
Outdoor Heating Market Segmentation:
The Outdoor Heating Market is divided into three product categories: fire-based, patio heaters, and others. The outdoor heating market is expected to grow at a healthy rate over the forecast period. Because the restaurant industry is one of the most profitable, manufacturers are inventing electric patio heaters with elegant designs and a modern appeal. Patio heaters are becoming increasingly popular as the Gen Z demographic becomes more interested in dining outside.
On the basis of fuel type, the Outdoor Heating Market is divided into Electric, Gas/Propane, and Wood & Solid Fuel. Gas heaters are expected to command a sizable share of the global market. Because of the operational advantages and portability provided by the lack of an electric socket, these outdoor heaters are a more practical and effective option for a variety of applications. Furthermore, propane-powered heaters may provide superior warmth and cover a larger working area, allowing the aforementioned segment to maintain its market dominance. Natural gas and propane price volatility, on the other hand, may slow global market growth.
On the basis of application, the Outdoor Heating Market is divided into Catering and hospitality, Commercial and industrial space heating, Residential outdoors, and Indoor agriculture/livestock brooder. Catering and hospitality are expected to command a sizable share of the market. One of the primary reasons for the catering and hospitality sector's large market share across multiple regions is the use of outdoor spaces to accommodate customers in bars and cafés. The use of outdoor areas for small parties, such as house lawns and backyards, is also increasing the market for these heaters in residential applications. Sales of patio heaters and firepits have increased by about 40%, according to Nash Shivji, owner of BBQ restaurant Nash Shivji in Port Coquitlam, Canada.
Outdoor Heating Market Key Players:
BD Products, LLC (US)
ChillchaserHire (UK)
Infrared Dynamics, Inc. (US)
Sunheat International (US)
Tansun Ltd. (UK)
Fire Sense (Florida, U.S.)
Landmann Polska Sp. Z.o.o. (Germany)
Heiningerr (East Flanders, Belgium)
Dulon Marine Deckmate Group (Zoeterwoude, The Netherlands)
VASNER (Parasol heater) (Vel, Germany)
AZ Patio Heaters (Arizona, U.S.)
Lava Heat Italia (California, U.S.)
Bromic (California, U.S.)
Calcana (Alberta, Canada)
Schwank (patioSchwank) (Georgia, U.S.)
TWIN EAGLES, INC. (California, the U.S.)
Patio Comfort (Ontario, Canada)
Mr. Heater (Ohio, U.S.)
Bonf Manufacturing (California, U.S.)
Napoleon (Ontario, Canada)
Blue Rhino (North Carolina, U.S.)
Dayva (California, U.S.)
Lynx Grills (Mississippi, U.S.)
Solaira (Illinois. U.S.)
Symo Parasols (Bruges, Belgium)
Outdoor Heating Market Regional Insights:
Major countries in each region are included in the report according to their revenue contribution to the Outdoor Heating market. The study includes a region-wise detailed analysis of the Outdoor Heating market. The regions are:
- North America
- Asia Pacific
- Europe
- Latin America
- the Middle East, and Africa
Key Questions answered in the Outdoor Heating Market Report are:
- What are the sales, production, consumption, and import and export of Outdoor Heating globally (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major players in the Outdoor Heating Industry on a worldwide scale?
- What is the state of business of Outdoor Heating market players?
- What are the market opportunities and restraints for Outdoor Heating suppliers in the Outdoor Heating industry?
- Which application, end-user, or product category might be looking for new growth opportunities? What is each type's and application's Outdoor Heating market share?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2021−2027
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments with their sub-segments and Region
- Competitive Landscape – Top Key Players and Other Prominent Players
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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