Space Heaters Market

By Product;

Convection Heater, Ceramic Heater, Radiant & Infrared Heater, Fan Heater, Oil-Filled Heater and Others

By Technology;

Portable and Surface-Mounted

By Energy Source;

Electric and Gas

By Application;

Residential and Commercial

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn956142368 Published Date: September, 2025 Updated Date: October, 2025

Space Heaters Market Overview

Space Heaters Market (USD Million)

Space Heaters Market was valued at USD 5,947.28 million in the year 2024. The size of this market is expected to increase to USD 9,548.29 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.


Space Heaters Market

*Market size in USD million

CAGR 7.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.0 %
Market Size (2024)USD 5,947.28 Million
Market Size (2031)USD 9,548.29 Million
Market ConcentrationMedium
Report Pages305
5,947.28
2024
9,548.29
2031

Major Players

  • Dyson Ltd.
  • Honeywell International Inc.
  • De'Longhi S.p.A.
  • Lasko Products, LLC
  • Stiebel Eltron GmbH & Co. KG
  • Vornado Air, LLC
  • Delonghi America, Inc.
  • Glen Dimplex Group
  • Stadler Form AG

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Space Heaters Market

Fragmented - Highly competitive market without dominant players


The Space Heaters Market is witnessing rapid transformation as demand for portable, energy-efficient, and smart heating devices continues to surge. With nearly 40% of consumers adopting energy-efficient variants, the market reflects a growing alignment with sustainability and comfort-driven solutions. Enhanced portability and advanced designs are making heaters more attractive for modern households and workplaces.

Rising Demand for Energy Efficiency
Nearly 45% of buyers now prioritize energy-saving appliances, fueling demand for heaters with features such as programmable thermostats, eco-modes, and infrared heating. These technologies significantly reduce power consumption while maintaining effective warmth, reinforcing the industry’s shift toward environmentally responsible innovations.

Integration of Smart Features
Over 35% of recently launched space heaters incorporate smart functionalities like Wi-Fi connectivity, voice assistant compatibility, and app-based controls. These enhancements streamline user experience and support efficient energy management, appealing strongly to digitally inclined consumers.

Future Growth Outlook
The industry outlook remains robust, with nearly 60% of consumers planning to invest in advanced heaters that combine energy efficiency, smart integration, and contemporary design. Continuous innovation and technology integration are expected to reinforce market growth, positioning space heaters as essential household and workplace appliances.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Energy Source
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Space Heaters Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Energy Efficiency Regulations
        2. Cold Climate Demand
        3. Technological Advancements
      2. Restraints
        1. Safety Concerns
        2. Seasonal Variability in Demand
        3. Competition from Central Heating Systems
      3. Opportunities
        1. Emerging Market Expansion
        2. Eco-Friendly Heating Solutions
        3. Integration with Smart Home Technology
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Space Heaters Market, By Product, 2021 - 2031 (USD Million)
      1. Convection Heater
      2. Ceramic Heater
      3. Radiant & Infrared Heater
      4. Fan Heater
      5. Oil-Filled Heater
      6. Others
    2. Space Heaters Market, By Technology, 2021 - 2031 (USD Million)
      1. Portable
      2. Surface-Mounted
    3. Space Heaters Market, By Energy Source, 2021 - 2031 (USD Million)
      1. Electric
      2. Gas
    4. Space Heaters Market, By Application, 2021 - 2031 (USD Million)
      1. Residential
      2. Commercial
    5. Space Heaters Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. De'Longhi Appliances S.r.l.
      2. Honeywell International Inc.
      3. Newell Brands Inc.
      4. Glen Dimplex Group
      5. Lasko Products, LLC
      6. Dyson Ltd.
      7. Vornado Air LLC
      8. Pelonis Technologies Inc.
      9. Crane USA
      10. Heat Storm
      11. Duraflame, Inc.
      12. Dr. Infrared Heater
      13. Comfort Glow
      14. Sunpentown
      15. Optimistic
  7. Analyst Views
  8. Future Outlook of the Market