The global Patio Heaters market was valued at 356.75 Million USD in 2021 and will grow with a CAGR of 6.28% from 2021 to 2027, based on Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A patio heater, also known as an umbrella or mushroom heater, is a radiant heating appliance that generates thermal radiation in outdoor spaces. Patio heaters run on natural gas or propane gas. They also run on electricity. During the operation of a patio heater, heat is radiated in a circular pattern around the appliance. Patio heaters facilitate the provision of warmth in their vicinity.Propane Patio Heaters held a comparatively larger share in global market, which accounted for about 56.92% of the production volume in 2019, followed by Electric ones (36.56%). The main application field of Patio Heaters is Commercial. In 2019, this sector held a market share of 75.84%, in terms of sales volume. Bond Manufacturing, AZ Patio Heaters, AmazonBasics, Infratech, Bromic Group, Dayva and Solaira are the key players in the global market. The Top 5 manufacturers held 30.66% of the market in 2019. North America is the largest consumption market in 2019, with its sales volume share reaching 49.33%, followed by Europe (34.21%) and Asia-Pacific (15.62%).
By Market Verdors:
- Bond Manufacturing
- AZ Patio Heaters
- AmazonBasics
- Napoleon
- Blue Rhino
- Lava Heat Italia
- Bromic Group
- Dayva
- Infratech
- Lynx Grills
- Solaira
- Infrared Dynamics
- Symo Parasols
- Fire Sense
By Types:
- Electric
- Natural Gas
- Propane
By Applications:
Key Indicators Analysed
- Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
- Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
- Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
- Opportunities and Drivers: Identifying the Growing Demands and New Technology
- Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
- To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
- Assess the production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the market and its impact in the global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for the market.