Gas Fireplaces Market

A gas fireplace is a firebox built in a factory used to keep the home space warm. There are some gas fireplaces which are designed specifically for decorative use and others are meant to heat a room. Certain heater rated gas fireplaces available in the market gives the same heat and efficiency as a central furnace. Some gas fireplaces also come with ducting that ensures heat circulation throughout a specific house zone.There are different types of gas fireplaces including built-ins, inserts, and log sets. Inserts is used for people who want to retrofit an efficient wood-burning firebox. Built-in and insert fireplaces are very useful producers of heat. Log sets gas fireplaces are generally used for decorative purposes rather than heating the room. The entire gas fireplace process is controlled by the wall thermostat or manually, while some have remote control devices. Additionally, in most cases, there is a push button to switch on the ignition system of a gas fireplace.

Increasing demand for gas fireplaces especially in very cold regions, the ease of use, and low weight as compared to a wood-burning fireplace, increase in staycations, and use of gas fireplace for decorative purpose is expected to boost the growth of the gas fireplace market. Gas fireplaces also come with a variety of venting options i.e. direct vent, natural vent, and vent-free. It is essential to choose a gas fireplace that is suitable for the regional climatic condition along with the type and age of the construction. The trend toward growing staycations by homeowners around the world has sharpened the focus on outdoor living. As a result, remodelers and designers are extending the interior beyond the walls of the house and working out the gas fireplace into these exterior designs. These days, a number of interior designers and architects are using the gas fireplace for design inspiration as a pivotal point in the room. Gas fireplaces are usually installed in the early phases of the construction work due to this decorative purpose.

High cost pertaining to gas fireplaces could have a negative impact on the market. The cost of gas fireplaces especially those used for decorative purposes are depend on the type of fuel used. However, the presence of low cost natural gas fireplaces is expected overcome this restraint.

The gas fireplaces market can be segmented on the basis of product type, mode of sale, services, and regions. On the basis of product type, the gas fireplaces market can be segmented into indoor gas fireplace, outdoor gas fireplace, free standing gas fireplace, ambient gas fireplace, multi-room gas fireplace, traditional gas fireplace, and others. On the basis of mode of sale, the market can be segmented into online and offline sale. Furthermore, on the basis of services, the market can be bifurcated into installation and maintenance.

Geographically, the gas fireplaces market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America and Europe are expected to lead due to high demand for gas fireplaces due to the cold weather along with the increase in staycation activities across countries such as the U.S. and the UK. However, the market in Asia Pacific is expected to grow at a significant pace due to the increasing demand for gas fireplaces for decorative purposes on account of the growing number of resorts across larger regional economies such as China and India.

Some of the key players in the gas fireplace market are Woodbridge Fireplace Inc., Planika, Vancouver Gas Fireplaces, Stoke Fireplace Studio, Northstar Energy, Youngstown Propane, Inc., Ortal Heat, Elgas Ltd., W.A. Tolbard, Escea, Jackson Fireplace, and Illusion Fires Australia among others

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

• Market segments and sub-segments
• Market trends and dynamics
• Supply and demand
• Market size
• Current trends/opportunities/challenges
• Competitive landscape
• Technological breakthroughs
• Value chain and stakeholder analysis

The regional analysis covers:

• North America (U.S. and Canada)
• Latin America (Mexico, Brazil, Peru, Chile, and others)
• Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
• Eastern Europe (Poland and Russia)
• Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
• Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the market
• Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.