Global Pellet Heating Stoves Market Insights and Forecast to 2027

A pellet stove is a stove that burns compressed wood or biomass pellets to create a source of heat for residential and sometimes industrial spaces. By steadily feeding fuel from a storage container into a burn pot area, it produces a constant flame that requires little to no physical adjustments.
For the major players of pellet heating stoves, MCZ was the first place in the ranking in 2019, followed by EDILKAMIN, Ravelli, and England’s Stove Works, Inc. The Top 5 players accounted for about 35% of the Global pellet heating stoves revenue market share in 2019.
The revenue market for pellet heating stoves was divided into five geographic regions. Europe occupied the largest revenue market share with nearly 80% in 2019, leading countries such as Italy, France and Germany, etc.

On the basis of product

type, the Air Stove type segment is projected to account for the largest sales volume market share; this segment was estimated to account for about 75% share in 2019 in terms of volume.
In the applications, Residential segment is the dominated application, is estimated to account for the highest market share of 93% in 2019.

Market Analysis and Insights: Global Pellet Heating Stoves Market
The global Pellet Heating Stoves market is valued at US$ 652.2 million in 2019. The market size will reach US$ 692.5 million by the end of 2026, growing at a CAGR of 2.3% during 2021-2026.

Global Pellet Heating Stoves Scope and Segment
Pellet Heating Stoves market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Pellet Heating Stoves market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
AIR <= 7Kw
AIR 7.01 - 9 Kw
AIR 9.01 - 12.00 Kw
AIR > 12.00 Kw
HYDRO <= 15 Kw
HYDRO 15.01 - 20Kw
HYDRO 20.01 - 30 Kw

Segment by Application
Residential
Commercial
Industrial

By Company
MCZ
EDILKAMIN
Ravelli
England's Stove Works, Inc.
Hearth & Home Technologies
Invicta
Sherwood Industries
PALAZZETTI
RIKA
THERMOROSSI
Karmek One
ECOFOREST
Piazzetta
ExtraStove
olimpia Splendid
US Stove
Haas + Sohn

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE