Kerosene Heaters Market Scope
A kerosene heater is a portable heating device fueled with kerosene. It is used in indoor and outdoor applications, in residential usage, it is used for a heating room inappropriate temperature basically in a colder region of the world and also in other countries in the winter season. The kerosene-fueled gives lesser fumes than any other when burned and warms faster. However, it has its own disadvantages and is advised under the regulatory guidelines about its usage.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Wattco (Canada), Spartan Manufacturing, (United States), Enerco Group Inc (United States), TOYOTOMI CO., Ltd. (Japan), L.B. White Company, LLC (United States), Sengoku L.A., Ltd (United States), Flexiheat UK Ltd (United Kingdom), MI-T-M Corporation (United States) and Xiamen Innovacera Advanced Materials Co., Ltd. (China) |
CAGR | % |
Wattco (Canada), Spartan Manufacturing, (United States), Enerco Group Inc (United States), TOYOTOMI CO., Ltd. (Japan), L.B. White Company, LLC (United States), Sengoku L.A., Ltd (United States), Flexiheat UK Ltd (United Kingdom), MI-T-M Corporation (United States) and Xiamen Innovacera Advanced Materials Co., Ltd. (China) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Kerosene Heaters market by Type , by Application (Indoor and Outdoor) and Region with country level break-up.
On the basis of geography, the market of Kerosene Heaters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
On 3rd February 2021, Enerco Group recalls DeWALT cordless kerosene heaters. Enerco Group of Cleveland, Ohio, is recalling about 4.500 DeWALT cordless kerosene forced-air heaters. The heaters can re-start unexpectedly while in standby mode if the room temperature falls below the thermostat set point, posing fire and carbon monoxide poisoning hazards. The firm has received one report of a heater starting unexpectedly when it was moved while on standby without being turned off. No injuries have been reported.
Influencing Trend:
Availability of Kerosene Heaters in Various Sizes and Designs and Increasing Consumption of Kerosene Heaters in Indoor Applications
Market Growth Drivers:
Growing Deman for Heaters in Colder Regions and Demand for Kerosene Heaters to be Used for Shorter Amount of Time
Challenges:
Adverse Environmental Impact Involved with Use of Kerosene Heaters
Restraints:
Safety Related Risks and Stringent Guidelines Associated with Kerosene Heaters
Opportunities:
Low Cost Availability of Kerosene Heaters and Technological Advancements in Kerosene Heaters
Key Target Audience
Kerosene Heaters Manufacturers, Kerosene Heaters International Traders, Kerosene Heaters Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others