North America Hearth Market Scope, Growth, Size and Share by 2031
North America Hearth Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 4.12 Billion |
Market Size by 2031 | US$ 7.33 Billion |
Global CAGR (2023 - 2031) | 7.5% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Fuel Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
North America Hearth Market News and Recent Developments
The North America hearth market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the North America hearth market are listed below:
- Following a strategic review of its island-wide operations, Glen Dimplex has briefed staff on plans to invest more than US$ 50 million to reorientate its manufacturing operations Ireland as well as in Continental Europe to meet the growing demand for increasingly sustainable and smart heating and ventilation solutions for homes and businesses. (Source: Glen Dimplex, Press Release, February 2024)
- HNI Corporation acquired the assets of Trinity Hearth and Home for approximately US$ 30 million. The transaction was structured as an asset acquisition and consummated entirely in cash. Trinity generates approximately US$ 40 million of annual revenue. (Source: HNI Corporation, Press Release, October 2021)
North America Hearth Market Report Coverage and Deliverables
The “North America Hearth Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- North America hearth market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- North America hearth market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- North America hearth market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the North America hearth market
- Detailed company profiles