Hearth Market worth $14.39 Billion by 2020


Posted June 8, 2016 by Rajesh

Hearth products are used for space heating especially for domestic purposes. These products are also being used in offices or restaurants to keep the rooms warm.

 
Hearth products are used for space heating especially for domestic purposes. These products are also being used in offices or restaurants to keep the rooms warm. The hearth market has been in existence since several years and even centuries. This market underwent a dynamic shift in the 1940s-1950s when many market players came up with innovative products. As a result, this market can be segmented on the basis of style into traditional and modern hearths. In 2014, the traditional hearth held a market share of 64.84% while the rest was accounted for by modern hearths. This industry uses various fuels for combustion; among which gas, electric, and wood are the key fuels. The electric and gas fuel types are expected to spearhead the hearth market.
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Issued By Markets and Markets
Website Hearth Market worth $14.39 Billion by 2020
Country India
Categories Technology
Tags hearth market
Last Updated June 8, 2016