Growing Technological Advancements to Drive the Market Growth

Published: Jun 2024

Global space heater market is anticipated to grow at a CAGR of 6.0% during the forecast period (2024-2031). The global space heater market is experiencing significant growth due to technological advancements. Consumers are increasingly tech-savvy, seeking appliances that integrate seamlessly with their lives. Manufacturers are incorporating smart features like Wi-Fi connectivity and smartphone app controls, allowing remote temperature adjustments and integration into smart home systems. Energy efficiency is a growing focus, with space heaters featuring eco modes and programmable thermostats for targeted heating and reduced energy consumption. 

Browse the full report description of “Space Heater Market Size, Share & Trends Analysis Report by Type (Convection Heater, Ceramic Heater, Radiant and Infrared Heater, Fan Heater, and Oil Filled Heater), and by Technology (Commercial, Residential, and Industrial), Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/space-heater-market

Safety is a priority, with new technologies improving features like tip-over protection and overheat shutoff. Additionally, manufacturers are developing a wider variety of heater types, catering to a broader consumer base and personal preferences. For instance, in November 2023, GoveeLife, a leading smart home company, introduced its new smart space heaters. The GoveeLife brand aims to introduce smart appliances to everyday consumers, catering to all stages of their smart home journey. The GoveeLife Smart Space Heater Pro, Max, and Lite are designed to make life comfortable with fast heating capabilities, safety features, and innovative functions. The heaters are designed to support a smart lifestyle, making them suitable for homes of all sizes. The Govee app offers smart control of heaters, voice control compatibility with Alexa and Google Assistant, and schedules and timers. It also features auto-reflect integration, allowing the GoveeLife smart heater and built-in sensor to work together to maintain the user's preferred temperature pairing with a thermo-hygrometer improving accuracy and stability.

In September 2023, Lasko launched four new heaters, including a smart oscillating tower and compact models, featuring modern designs for optimal heat distribution. The ThermaSMART Tower offers smart control through Lasko's app and voice commands, incorporating ClimaSense Technology for enhanced features. The Elite Ceramic Tower includes safety features like rollover prevention, tip-over protection, and child lock. The 18-inch Ellipse Tower provides 1500 watts of warmth with multiple modes and safety features, while the 12-inch Ellipse Heater is compact for tabletop use. All Lasko heaters undergo rigorous testing and are ETL-certified for electrical performance standards.

Market Coverage

The market number available for – 2023-2031

Base year- 2023

Forecast period- 2024-2031

Segment Covered- 

o By Type

o By Application

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Daikin Industries Ltd., Dyson Group Co., Honeywell International Inc., Wayfair LLC, and Mill International AS, among others.

Key questions addressed by the report.

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Space Heater Market Report Segment

By Type

  • Convection Heater
  • Ceramic Heater
  • Radiant and Infrared Heater
  • Fan Heater
  • Oil Filled Heater

By Application

  • Commercial
  • Residential
  • Industrial

Global Space Heater Market Report Segment by Region

North America

United States

Canada 

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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