Short Description
North America Oil Filled Electric Heaters Market, By Application (Residential, Commercial), Product (Portable, Fixed), Distribution Channel (Departmental Stores, Specialty Stores, Online, Supermarkets & Hypermarkets, Others), Country (U.S, Canada and Mexico) Industry Trends and Forecast to 2029
Market Definition
Oil filled electric heaters are a very popular type of electric heaters. Their popularity can be attributed to their features, which include safety, energy efficiency, and effectiveness. They look similar to old-school radiators, but theyre smaller in size. Oil filled electric heaters are made up of a set of joined fins or columns. Unlike traditional radiators, oil-filled heaters are mobile. These are connected to the household electrical system via a standard wall socket, so theyre able to be moved about to any room where extra warmth is required. Many even feature carry handles, although large models will usually feature wheels to allow them to be repositioned easily.
Market Segmentation
North America oil filled electric heaters market is segmented into three notable segments based on application, product and distribution channel.
On the basis of application, the North America oil filled electric heaters market is segmented into residential and commercial
On the basis of product, the North America oil filled electric heaters market is segmented into portable and fixed
On the basis of distribution channel, the North America oil filled electric heaters market is segmented into online, supermarkets & hypermarkets, specialty store, departmental store, and others
Market Players
The key market players for North America oil filled electric heaters market are listed below:
H2 Brands Group
NewAir
Ningbo Konwin Electrical Appliances Co., Ltd.
De' Longhi Appliances S.r.l.
Costway.com, Inc.
PELONIS
Optimus Enterprise, Inc.
Lorell Office Furniture
Honeywell International Inc
SENCOR
TABLE OF CONTENTS
1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 OVERVIEW OF NORTH AMERICA OIL FILLED ELECTRIC HEATERS MARKET 15
1.4 CURRENCY AND PRICING 17
1.5 LIMITATIONS 17
1.6 MARKETS COVERED 17
2 MARKET SEGMENTATION 21
2.1 MARKETS COVERED 21
2.2 GEOGRAPHICAL SCOPE 22
2.3 YEARS CONSIDERED FOR THE STUDY 22
2.4 DBMR TRIPOD DATA VALIDATION MODEL 23
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 26
2.6 DBMR MARKET POSITION GRID 27
2.7 VENDOR SHARE ANALYSIS 29
2.8 APPLICATION COVERAGE GRID 30
2.9 MULTIVARIATE MODELING 31
2.10 APPLICATION TIMELINE CURVE 31
2.11 SECONDARY SOURCES 32
2.12 ASSUMPTIONS 32
3 EXECUTIVE SUMMARY 33
4 PREMIUM INSIGHTS 35
4.1 CONSUMER BEHAVIOR PATTERNS & FACTORS INFLUENCING BUYING DECISION 36
4.2 PRODUCT ADOPTION SCENARIO 37
5 MARKET OVERVIEW 38
5.1 DRIVERS 40
5.1.1 IMPROVED LIFESTYLE AND INCREASING DEMAND FOR HOUSEHOLD HEATING APPLIANCES 40
5.1.2 COST-EFFECTIVENESS AND HIGH EFFICIENCY 41
5.1.3 SURGING ADOPTION OF ECO-FRIENDLY HEATERS 41
5.1.4 CHARACTERISTICS SUCH AS ENERGY EFFICIENCY, LOW MAINTENANCE, OPERATIONAL COSTS, AND INSTALLATION 42
5.2 RESTRAINT 43
5.2.1 PRODUCT RECALLS DUE TO SAFETY ISSUES 43
5.3 OPPORTUNITIES 43
5.3.1 ADVANTAGE OF OIL FILLED ELECTRIC HEATERS OVER ELECTRIC HEATERS 43
5.3.2 ADVENT OF SMART PORTABLE OIL FILLED ELECTRIC HEATERS 43
5.4 CHALLENGES 44
5.4.1 FIRE SAFETY ISSUES AND INABILITY TO QUICKLY HEAT WET ROOMS 44
5.4.2 OIL FILLED ELECTRIC HEATERS MAY PROVE TO BE EXPENSIVE FOR CERTAIN HOUSEHOLD APPLICATIONS 45
6 COVID-19 IMPACT ON GLOBAL OIL FILLED ELECTRIC HEATERS MARKET 46
6.1 ANALYSIS ON IMPACT OF COVID-19 ON THE MARKET 46
6.2 AFTERMATH OF COVID-19 AND GOVERNMENT INITIATIVE TO BOOST THE MARKET 46
6.3 STRATEGIC DECISIONS FOR MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE 46
6.4 IMPACT ON DEMAND 47
6.5 IMPACT ON SUPPLY CHAIN 47
6.6 PRICE IMPACT 47
6.7 CONCLUSION 48
7 NORTH AMERICA OIL FILLED ELECTRIC HEATERS MARKET, BY APPLICATION 49
7.1 OVERVIEW 50
7.2 RESIDENTIAL 51
7.2.1 BY PRODUCT 51
7.2.1.1 PORTABLE 52
7.2.1.2 FIXED 52
7.2.2 BY SEGMENT 52
7.2.2.1 SINGLE FAMILY HOME 53
7.2.2.2 CONDOMINIUM 53
7.2.2.3 TOWN HOUSE 53
7.2.2.4 OTHERS 53
7.2.3 BY DISTRIBUTION CHANNEL 53
7.2.3.1 DEPARTMENTAL STORES 54
7.2.3.2 SPECIALTY STORES 54
7.2.3.3 ONLINE 54
7.2.3.4 SUPERMARKETS & HYPERMARKETS 54
7.2.3.5 OTHERS 54
7.3 COMMERCIAL 54
7.3.1 BY PRODUCT 54
7.3.1.1 PORTABLE 55
7.3.1.2 FIXED 55
7.3.2 BY SEGMENT 55
7.3.2.1 OFFICES 57
7.3.2.1.1 LOW-RISE 58
7.3.2.1.2 MID-RISE 58
7.3.2.1.3 HIGH-RISE 58
7.3.2.2 RETAIL 58
7.3.2.3 RESTAURANTS & BARS 58
7.3.2.4 MANUFACTURING 58
7.3.2.5 EDUCATION INSTITUTIONS 58
7.3.2.6 HEALTHCARE FACILITIES 59
7.3.2.7 HOTELS 59
7.3.2.8 SHOPPING MALLS 59
7.3.2.8.1 NEIGHBORHOOD SHOPPING CENTERS 60
7.3.2.8.2 COMMUNITY SHOPPING CENTERS 60
7.3.2.8.3 CONVENIENCE SHOPPING CENTERS 60
7.3.2.8.4 SUPER-REGIONAL CENTERS 60
7.3.2.8.5 REGIONAL SHOPPING CENTERS 60
7.3.2.8.6 OTHERS 60
7.3.2.9 FREESTANDING 60
7.3.2.9.1 RETAIL OUTLETS 61
7.3.2.9.2 BIGBOX 61
7.3.2.9.3 POWERCENTER 61
7.3.2.9.4 POP-UP RETAIL 61
7.3.2.10 WAREHOUSES 61
7.3.2.11 AIRPORTS 62
7.3.2.12 RAILWAYS & METRO STATIONS 62
7.3.2.13 BUS STOPS & STATIONS 62
7.3.2.14 RESEARCH LABORATORIES 62
7.3.2.15 OTHERS 62
7.3.3 BY DISTRIBUTION CHANNEL 62
7.3.3.1 DEPARTMENTAL STORES 63
7.3.3.2 SPECIALTY STORES 63
7.3.3.3 ONLINE 63
7.3.3.4 SUPERMARKETS & HYPERMARKETS 63
7.3.3.5 OTHERS 63
8 NORTH AMERICA OIL FILLED ELECTRIC HEATERS MARKET, BY PRODUCT 64
8.1 OVERVIEW 65
8.2 PORTABLE 66
8.3 FIXED 66
9 NORTH AMERICA OIL FILLED ELECTRIC HEATERS MARKET, BY DISTRIBUTION CHANNEL 67
9.1 OVERVIEW 68
9.2 DEPARTMENTAL STORES 69
9.3 SPECIALTY STORES 70
9.4 ONLINE 70
9.5 SUPERMARKETS & HYPERMARKETS 70
9.6 OTHERS 71
10 NORTH AMERICA OIL FILLED ELECTRIC HEATERS MARKET, BY COUNTRY 72
10.1 NORTH AMERICA 72
10.1.1 U.S. 77
10.1.2 CANADA 85
10.1.3 MEXICO 93
11 NORTH AMERICA OIL FILLED ELECTRIC HEATERS MARKET: COMPANY LANDSCAPE 101
11.1 COMPANY SHARE ANALYSIS: NORTH AMERICA 101
12 SWOT ANALYSIS 102
13 COMPANY PROFILE 103
13.1 DE LONGHI APPLIANCES S.R.L. 103
13.1.1 COMPANY SNAPSHOT 103
13.1.2 REVENUE ANALYSIS 103
13.1.3 PRODUCT PORTFOLIO 104
13.1.4 RECENT DEVELOPMENT 105
13.2 HONEYWELL INTERNATIONAL INC 106
13.2.1 COMPANY SNAPSHOT 106
13.2.2 REVENUE ANALYSIS 106
13.2.3 PRODUCT PORTFOLIO 107
13.2.4 RECENT DEVELOPMENT 107
13.3 NEWAIR 108
13.3.1 COMPANY SNAPSHOT 108
13.3.2 PRODUCT PORTFOLIO 108
13.3.3 RECENT DEVELOPMENTS 108
13.4 PELONIS 109
13.4.1 COMPANY SNAPSHOT 109
13.4.2 PRODUCT PORTFOLIO 109
13.4.3 RECENT DEVELOPMENT 109
13.5 NINGBO KONWIN ELECTRICAL APPLIANCES CO., LTD. 110
13.5.1 COMPANY SNAPSHOT 110
13.5.2 PRODUCT PORTFOLIO 110
13.5.3 RECENT DEVELOPMENT 110
13.6 COSTWAY.COM, INC. 111
13.6.1 COMPANY SNAPSHOT 111
13.6.2 PRODUCT PORTFOLIO 111
13.6.3 RECENT DEVELOPMENTS 111
13.7 H2 BRANDS GROUP 112
13.7.1 COMPANY SNAPSHOT 112
13.7.2 PRODUCT PORTFOLIO 112
13.7.3 RECENT DEVELOPMENT 112
13.8 LORELL OFFICE FURNITURE 113
13.8.1 COMPANY SNAPSHOT 113
13.8.2 PRODUCT PORTFOLIO 113
13.8.3 RECENT DEVELOPMENT 113
13.9 OPTIMUS ENTERPRISE, INC. 114
13.9.1 COMPANY SNAPSHOT 114
13.9.2 PRODUCT PORTFOLIO 114
13.9.3 RECENT DEVELOPMENT 114
13.10 SENCOR 115
13.10.1 COMPANY SNAPSHOT 115
13.10.2 PRODUCT PORTFOLIO 115
13.10.3 RECENT DEVELOPMENT 115
14 QUESTIONNAIRE 116
15 RELATED REPORTS 119