What is Global Infrared Heaters Market?
The Global Infrared Heaters Market is a vast and dynamic sector that encompasses a wide range of products and applications. Infrared heaters, which are devices that use infrared light to produce heat, are becoming increasingly popular due to their energy efficiency and environmental friendliness. These heaters work by emitting infrared light, which is invisible to the human eye but can be felt as heat. This light is absorbed by objects, people, and the surrounding environment, which in turn become warm. The global market for these heaters was valued at a substantial US$ 366 million in 2022, and it is projected to grow even further to reach US$ 454.4 million by 2029. This represents a compound annual growth rate (CAGR) of 3.1% during the forecast period from 2023 to 2029.
Wall-mounted/Fixed, Desktop/Portable in the Global Infrared Heaters Market:
In the Global Infrared Heaters Market, there are two main types of heaters: Wall-mounted/Fixed and Desktop/Portable. Wall-mounted or fixed infrared heaters are typically installed in a permanent location, such as a wall or ceiling. These heaters are often used in larger spaces, such as warehouses or factories, where they can provide consistent, long-term heating. On the other hand, desktop or portable infrared heaters are smaller, more compact devices that can be easily moved from one location to another. These heaters are ideal for use in homes or small offices, where they can provide targeted heating in specific areas. Despite their differences, both types of heaters offer the same basic benefits: they are energy-efficient, environmentally friendly, and capable of providing comfortable, consistent heat.
Outdoor, Indoor in the Global Infrared Heaters Market:
The Global Infrared Heaters Market is not limited to any specific location or setting; these heaters can be used both outdoors and indoors. Outdoor infrared heaters are often used in patios, decks, and other outdoor living spaces. They provide a comfortable, warm environment that allows people to enjoy the outdoors even in cooler weather. Indoor infrared heaters, on the other hand, are commonly used in homes, offices, and other indoor spaces. They provide a consistent, comfortable level of heat that can be easily adjusted to suit individual preferences. Regardless of where they are used, infrared heaters offer a number of benefits. They are energy-efficient, environmentally friendly, and capable of providing a comfortable, consistent level of heat.
Global Infrared Heaters Market Outlook:
The global Infrared Heaters market outlook is quite promising. The market was valued at US$ 366 million in 2022 and is expected to reach US$ 454.4 million by 2029, growing at a CAGR of 3.1% during the forecast period 2023-2029. The market is dominated by five major producers: Jarden Consumer Solutions, Twin-Star, Edenpure, Schwank, and Tansun, which collectively account for about 45% of the revenue market. In terms of regional distribution, Europe is the largest market, accounting for about 39% of global revenue. Asia-Pacific follows closely, occupying 35% of the sales market. North America also holds a significant share, accounting for around 20% of the global total industry.
Report Metric | Details |
Report Name | Infrared Heaters Market |
Accounted market size in 2022 | US$ 366 in million |
Forecasted market size in 2029 | US$ 454.4 million |
CAGR | 3.1% |
Base Year | 2022 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | Jarden Consumer Solutions, Twin-Star, Edenpure, Schwank, Tansun, Honeywell, IR Energy, Dr Infrared Heater, Lifesmart, Midea, Infralia, Airmate, Solamagic, FRICO, Thermablaster, Singfun, Gree |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |