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Baseboard Heater market Type (Electric Type, Hydronic Type) Application (Residential, Commercial, Industrial, Institutional) Industry Vertical (Shopping Complex, Oil & Gas Companies, Manufacturing Units, Others) : Global Opportunity Analysis and Industry Forecast, 2020-2027

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Oct 2020 | 455 Views
 
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Baseboard heaters are the new cool technology solutions for winters as they require very little space and are usually unnoticeable and look attractive. They are also quiet, safe, and energy efficient and can be easily installed anywhere. These heaters are efficient because of the convection process it follows in which the cooler air in the room is drawn into the bottom of the heater. Air within the heater is warmed, and then rises into the room. This convection cycle continues until the room is at the desired temperature, and then the heater automatically gets shut off and saves the energy.

 

There are mainly two types of baseboard:

Electric baseboard: Electric baseboard heaters work as an individual unit and heat on a per-room basis. These heaters are better than other space heating systems because they follow the principles of radiation and airflow. These heaters help maintain different temperatures in different rooms and also save energy by not heating the area or room, which is presently not in use.
Hydronic baseboard heaters: These heaters use water or another fluid, which is contained in the heater to warm the surrounding air. These type of heaters are also very efficient because once the liquid has been warmed, it takes more time to cool down so it remains warm for some more time after close down.

Market scope and structure analysis:

               Report Metric

                                               Details

   Market Size Available for Years

  2020–2027

  Base Year Considered

  2019

  Forecast Period

  2021–2027

  Forecast Units

  Value ($US)

  Segments Covered

  Type, Application, Industry Vertical, and Region

  RegionsCovered

North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain,and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, Mexico, and Rest of LAMEA)

  Companies Covered

A&S Electric Supply, heatrex, Ouellet, Berko, ASPEQ, Warmup, Solaria, and Environmental Technologies Inc., Glen Dimplex, Stelpro.

 

COVID-19 Scenario Analysis: 

Baseboard heater manufacturing and selling companies are facing issues in production function because factories are shut down and companies are also facing difficulty regarding the availability of the raw material and shortage of staff and resources in the middle of the Corona virus outbreak.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

The global baseboard heatermarket trends are as follows:

Baseboard heaters are designed to envelop the room in warmth without using up a lot of electricity. This allows to keep the central heating system turned down low during colder evenings, and turn on the floor heater for more energy efficient warmth. The benefits of baseboard heaters include:

  • Lower energy bills

  • Perfect for “Hard to keep warm” Rooms

  • Supplemental home heating

  • Portable and Easy-to-plug in anywhere

Smart Thermostats and Baseboard Heaters

Technologies are getting better day by day and can be controlled from anywhere just with one click. This smart option is now also available for the baseboard heaters;now they can also be controlled by the device smart thermostat. A smart thermostat can be used with home automation and allow users to control and adjust the settings of their home automations. Smart thermostats can now connect to the baseboard and home Wi-Fi to control temperature and energy consumption.

 

Key Segments Covered:

              Segments

                                Sub-segments

  Type

  • Electric Type
  • Hydronic Type

  Application

  • Residential
  • Commercial
  • Industrial
  • Institutional

  Industry Vertical

  • Shopping Complex
  • Oil & Gas Companies
  • Manufacturing Units
  • Others

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the global baseboard heater industry along with the current trends and future estimations to determine the imminent investment pockets.

  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global baseboard heater market share.

  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global baseboard heater market growth scenario.

  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 

  • The report provides a detailed global baseboard heater market analysis based on competitive intensity and how the competition will take shape in the coming years. 

Questions Answered in the Baseboard Heater Market Research Report:

  • What are the leading market players active in the baseboard heater market?

  • What the current trends will influence the market in the next few years?

  • What are the driving factors, restraints, and opportunities in the market?

  • What future projections would help in taking further strategic steps?

 
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