The Smart Room Heater Market is being driven by Innovation in features and user interfaces
The Smart Room Heater Market is expected to grow at a CAGR of 11.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 815.3 million. In the dynamic and technologically advanced Smart Room Heater Market, manufacturing companies are forging strategic partnerships to develop innovative, wireless-enabled heating solutions. These wireless automation systems are increasingly preferred in modern multi-storied residential buildings due to their ease of installation and minimal maintenance requirements, contrasting wired systems. To integrate advanced wireless technology into their offerings, market players are collaborating with technology companies. For instance, in October 2023, Heat Storm announced a collaboration with Amazon to incorporate Alexa voice control into their HS-1500 PHX WiFi Infrared Heater. This collaboration enables users to remotely control and monitor their room heater via the Smart Life app, accessible on both Android and iOS devices.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
234 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 11.5% |
Market growth 2025-2029 |
USD 815.3 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
10.4 |
Key countries |
US, Germany, Japan, UK, Canada, China, France, Italy, Spain, and Brazil |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Smart Room Heater Market encompasses various types of heaters, including Table Top and Tower models, catering to both Residential and Non-residential sectors. These Smart home appliances, which are Electric devices, offer advanced features such as Digital control panels, Touchscreen interfaces, and Mobile apps with Wi-Fi connectivity. Intelligent heating devices come in Portable, Small, and Lightweight designs, providing Zonal heating solutions and Optimal heating options. These devices boast Smart features like Advanced sensors, Wireless connectivity, and Smart controls, ensuring Energy consumption efficiency.
The Smart Room Heater market falls under the broader category of the global market for household appliances. This segment specifically focuses on electric devices, encompassing table top and tower models, designed for both residential and non-residential applications. The market is further segmented into offline and online channels, with the former referring to traditional brick-and-mortar stores and the latter to e-commerce platforms. Smart room heaters are integral components of smart home systems and smart appliances, contributing to the growth of the market. Central heating systems and zonal heating are alternative heating solutions, but smart room heaters offer the advantage of remote control and energy efficiency.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
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