The global Pellet Heating Stoves market was valued at 630.61 Million USD in 2021 and will grow with a CAGR of 2.35% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A pellet stove is a stove that burns compressed wood or biomass pellets to create a source of heat for residential and sometimes industrial spaces. By steadily feeding fuel from a storage container into a burn pot area, it produces a constant flame that requires little to no physical adjustments.For the major players of pellet heating stoves, MCZ was the first place in the ranking in 2019, followed by EDILKAMIN, Ravelli, and England`s Stove Works, Inc. The Top 5 players accounted for about 35% of the Global pellet heating stoves revenue market share in 2019. The revenue market for pellet heating stoves was divided into five geographic regions. Europe occupied the largest revenue market share with nearly 80% in 2019, leading countries such as Italy, France and Germany, etc. On the basis of product type, the Air Stove type segment is projected to account for the largest sales volume market share; this segment was estimated to account for about 75% share in 2019 in terms of volume. In the applications, Residential segment is the dominated application, is estimated to account for the highest market share of 93% in 2019.

By Market Verdors:

MCZ

EDILKAMIN

Ravelli

Englands Stove Works, Inc.

Hearth & Home Technologies

Invicta

Sherwood Industries

PALAZZETTI

RIKA

THERMOROSSI

Karmek One

ECOFOREST

Piazzetta

ExtraStove

olimpia Splendid

US Stove

Haas + Sohn

By Types:

AIR <= 7Kw

AIR 7.01 - 9 Kw

AIR 9.01 - 12.00 Kw

AIR > 12.00 Kw

HYDRO <= 15 Kw

HYDRO 15.01 - 20Kw

HYDRO 20.01 - 30 Kw

By Applications:

Residential

Commercial

Industrial

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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