Outdoor Heating Market Growth: Forecasted Trends and Emerging Business Opportunities from Yogi's blog

The Outdoor Heating Market Growth was estimated to be USD 1.21 billion in 2022 and is projected to reach USD 1.91 billion by 2030, with a compound annual growth rate (CAGR) of 5.9% during the forecast period from 2023 to 2030.

In the realm of outdoor heating, the market has witnessed substantial growth, with an estimated value of USD 1.21 billion in 2022. This upward trajectory is expected to continue, reaching a staggering USD 1.91 billion by 2030. Such growth is driven by a robust compound annual growth rate (CAGR) of 5.9% during the forecast period spanning from 2023 to 2030.

The outdoor heating market has experienced remarkable expansion, with its value estimated at USD 1.21 billion in 2022. This upward trend is set to persist, propelling the market to a remarkable USD 1.91 billion by 2030. Such growth is underpinned by a steady compound annual growth rate (CAGR) of 5.9% during the forecast period from 2023 to 2030. The projected growth of 91 billion by 2030 is indeed impressive and signifies a promising future for the industry. With a steady compound annual growth rate (CAGR) of 5.9% expected from 2023 to 2030, it is evident that the market is poised for consistent expansion. This growth rate indicates a strong demand for the product or service, and businesses operating in this sector can anticipate a prosperous decade ahead.

 

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KEY MARKET SEGMENTATION

By Product Type

  • Freestanding
  • Tabletop
  • Wall Mounted
  • Hanging

By Fuel Type

  • Electric
  • Gas/Propane
  • Others

By Application

  • Catering & Hospitality
  • Commercial & Industrial Space Heating
  • Residential Outdoors

 

Key Players

The major key players are, Infratech, Lava Heat Italia, Bromic, Calcana, Ambience, Fire Sense, Schwank, AZ Patio Heaters, Napoleon, Dayva, Lynx Grills, and others.

 

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Table of Contents

  1. Introduction
  2. Research Methodology
  3. Market Dynamics
  4. Impact Analysis
  5. Value Chain Analysis
  6. Porter’s 5 forces model
  7. PEST Analysis
  8. Outdoor Heating Market, By Product Type
  9. Outdoor Heating Market, By Fuel Type
  10. Outdoor Heating Market, By Application
  11. Regional Analysis
  12. Company Profile
  13. Competitive Landscape
  14. USE Cases and Best Practices
  15. Conclusion

 

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