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Hearth Market - Global Market Outlook (2017-2026)
Global Hearth Market is accounted for $14.25 billion in 2017 and is expected to reach $22.65 billion by 2026 growing at a CAGR of 5.3% during the forecast period. Factors such as growing interest for esthetic and designer houses/restaurants, rising demand for hearth system within hospitality & leisure sector and increasing use of solar energy as an alternative fuel for hearth products are the key factors driving the market growth. However, factors such as regulations for environment protection, high-cost technology leading to time constraints in promoting hearth products and traditional hearths are not eco-friendly which are restraining the market growth.
In terms of modern or historic use, a hearth is referred to as a stone or brick lined fireplace, without or with an oven, basically used for heating and also cooking food. From a long time, a hearth was a crucial part of a household and was mainly the most important and central feature of the house. Earlier, a hearth was commonly placed in the in the center of the hall, with the smoke rising to a smoke hole through the room. Later, such type of hearths was relocated to the side of a room and were installed with a chimney. In terms of fireplace design, a hearth is a crucial fragment of the fireplace, generally comprising masonry at the floor level or above and beneath the fireplace mantel. However, modern fireplaces have enhanced efficiency and have also been electrified, thus giving rise to the development of new type of hearths.
Based on product, fireplace segment held steady growth during the predicted period. These are now mainly used to generate a relaxing and comfortable ambience, indoor or outdoor. Current fireplaces have better heat efficiency and sophistication in design. By geography, North America held the largest share in the market due to the existence of many key companies hence increasing their production and distribution across the region.
Some of the key players profiled in the Hearth Market include Empire Comfort Systems, FPI Fireplace Products, GHP Group, Hearth Products Controls, Hearthstone Stoves, HNI Corporation (Hearth & Home Technologies), Innovative Hearth Products, Jtul, Montigo, Napoleon Products (Wolf Steel Ltd.), Nordpeis, Pacific Energy, RH Peterson, Travis Industries and Wilkening Fireplace.
Designs Covered:
• Modern Hearth
• Traditional Hearth
Technologies Covered:
• Direct Vent Technology
• Intermittent Pilot Ignition System
• Smart Home Integration
• Zone Heating Technology
• Other Technologies
Applications Covered:
• Institutional
• Commercial
• Hospitality
• Residential
Products Covered:
• Insert
• Fireplace
• Stove
Fuel Types Covered:
• Electricity
• Gas
• Pellet
• Wood
Placements Covered:
• Outdoor Hearth
• Indoor Hearth
• Portable Hearth
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
UK
Italy
France
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Product Analysis
3.9 Emerging Markets
3.10 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Hearth Market, By Design
5.1 Introduction
5.2 Modern Hearth
5.2.1 Burner
5.2.2 Remote Control System
5.2.3 Sensor
5.2.4 Valve Kit
5.2.5 Other Component
5.3 Traditional Hearth
6 Global Hearth Market, By Technology
6.1 Introduction
6.2 Direct Vent Technology
6.3 Intermittent Pilot Ignition System
6.4 Smart Home Integration
6.5 Zone Heating Technology
6.6 Other Technologies
7 Global Hearth Market, By Application
7.1 Introduction
7.2 Institutional
7.3 Commercial
7.4 Hospitality
7.5 Residential
8 Global Hearth Market, By Product
8.1 Introduction
8.2 Insert
8.3 Fireplace
8.4 Stove
9 Global Hearth Market, By Fuel Type
9.1 Introduction
9.2 Electricity
9.3 Gas
9.4 Pellet
9.5 Wood
10 Global Hearth Market, By Placement
10.1 Introduction
10.2 Outdoor Hearth
10.3 Indoor Hearth
10.4 Portable Hearth
11 Global Hearth Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Empire Comfort Systems
13.2 FPI Fireplace Products
13.3 GHP Group
13.4 Hearth Products Controls
13.5 Hearthstone Stoves
13.6 HNI Corporation (Hearth & Home Technologies)
13.7 Innovative Hearth Products
13.8 Jtul
13.9 Montigo
13.10 Napoleon Products (Wolf Steel Ltd.)
13.11 Nordpeis
13.12 Pacific Energy
13.13 RH Peterson
13.14 Travis Industries
13.15 Wilkening Fireplace
Hearth Market - Global Market Outlook (2017-2026)
List of Tables
1 Global Hearth Market Outlook, By Region (2016-2026) (US $MN)
2 Global Hearth Market Outlook, By Design (2016-2026) (US $MN)
3 Global Hearth Market Outlook, By Modern Hearth (2016-2026) (US $MN)
4 Global Hearth Market Outlook, By Burner (2016-2026) (US $MN)
5 Global Hearth Market Outlook, By Remote Control System (2016-2026) (US $MN)
6 Global Hearth Market Outlook, By Sensor (2016-2026) (US $MN)
7 Global Hearth Market Outlook, By Valve Kit (2016-2026) (US $MN)
8 Global Hearth Market Outlook, By Other Component (2016-2026) (US $MN)
9 Global Hearth Market Outlook, By Traditional Hearth (2016-2026) (US $MN)
10 Global Hearth Market Outlook, By Technology (2016-2026) (US $MN)
11 Global Hearth Market Outlook, By Direct Vent Technology (2016-2026) (US $MN)
12 Global Hearth Market Outlook, By Intermittent Pilot Ignition System (2016-2026) (US $MN)
13 Global Hearth Market Outlook, By Smart Home Integration (2016-2026) (US $MN)
14 Global Hearth Market Outlook, By Zone Heating Technology (2016-2026) (US $MN)
15 Global Hearth Market Outlook, By Other Technologies (2016-2026) (US $MN)
16 Global Hearth Market Outlook, By Application (2016-2026) (US $MN)
17 Global Hearth Market Outlook, By Institutional (2016-2026) (US $MN)
18 Global Hearth Market Outlook, By Commercial (2016-2026) (US $MN)
19 Global Hearth Market Outlook, By Hospitality (2016-2026) (US $MN)
20 Global Hearth Market Outlook, By Residential (2016-2026) (US $MN)
21 Global Hearth Market Outlook, By Product (2016-2026) (US $MN)
22 Global Hearth Market Outlook, By Insert (2016-2026) (US $MN)
23 Global Hearth Market Outlook, By Fireplace (2016-2026) (US $MN)
24 Global Hearth Market Outlook, By Stove (2016-2026) (US $MN)
25 Global Hearth Market Outlook, By Fuel Type (2016-2026) (US $MN)
26 Global Hearth Market Outlook, By Electricity (2016-2026) (US $MN)
27 Global Hearth Market Outlook, By Gas (2016-2026) (US $MN)
28 Global Hearth Market Outlook, By Pellet (2016-2026) (US $MN)
29 Global Hearth Market Outlook, By Wood (2016-2026) (US $MN)
30 Global Hearth Market Outlook, By Placement (2016-2026) (US $MN)
31 Global Hearth Market Outlook, By Outdoor Hearth (2016-2026) (US $MN)
32 Global Hearth Market Outlook, By Indoor Hearth (2016-2026) (US $MN)
33 Global Hearth Market Outlook, By Portable Hearth (2016-2026) (US $MN)
34 North America Hearth Market Outlook, By Country (2016-2026) (US $MN)
35 North America Hearth Market Outlook, By Design (2016-2026) (US $MN)
36 North America Hearth Market Outlook, By Modern Hearth (2016-2026) (US $MN)
37 North America Hearth Market Outlook, By Burner (2016-2026) (US $MN)
38 North America Hearth Market Outlook, By Remote Control System (2016-2026) (US $MN)
39 North America Hearth Market Outlook, By Sensor (2016-2026) (US $MN)
40 North America Hearth Market Outlook, By Valve Kit (2016-2026) (US $MN)
41 North America Hearth Market Outlook, By Other Component (2016-2026) (US $MN)
42 North America Hearth Market Outlook, By Traditional Hearth (2016-2026) (US $MN)
43 North America Hearth Market Outlook, By Technology (2016-2026) (US $MN)
44 North America Hearth Market Outlook, By Direct Vent Technology (2016-2026) (US $MN)
45 North America Hearth Market Outlook, By Intermittent Pilot Ignition System (2016-2026) (US $MN)
46 North America Hearth Market Outlook, By Smart Home Integration (2016-2026) (US $MN)
47 North America Hearth Market Outlook, By Zone Heating Technology (2016-2026) (US $MN)
48 North America Hearth Market Outlook, By Other Technologies (2016-2026) (US $MN)
49 North America Hearth Market Outlook, By Application (2016-2026) (US $MN)
50 North America Hearth Market Outlook, By Institutional (2016-2026) (US $MN)
51 North America Hearth Market Outlook, By Commercial (2016-2026) (US $MN)
52 North America Hearth Market Outlook, By Hospitality (2016-2026) (US $MN)
53 North America Hearth Market Outlook, By Residential (2016-2026) (US $MN)
54 North America Hearth Market Outlook, By Product (2016-2026) (US $MN)
55 North America Hearth Market Outlook, By Insert (2016-2026) (US $MN)
56 North America Hearth Market Outlook, By Fireplace (2016-2026) (US $MN)
57 North America Hearth Market Outlook, By Stove (2016-2026) (US $MN)
58 North America Hearth Market Outlook, By Fuel Type (2016-2026) (US $MN)
59 North America Hearth Market Outlook, By Electricity (2016-2026) (US $MN)
60 North America Hearth Market Outlook, By Gas (2016-2026) (US $MN)
61 North America Hearth Market Outlook, By Pellet (2016-2026) (US $MN)
62 North America Hearth Market Outlook, By Wood (2016-2026) (US $MN)
63 North America Hearth Market Outlook, By Placement (2016-2026) (US $MN)
64 North America Hearth Market Outlook, By Outdoor Hearth (2016-2026) (US $MN)
65 North America Hearth Market Outlook, By Indoor Hearth (2016-2026) (US $MN)
66 North America Hearth Market Outlook, By Portable Hearth (2016-2026) (US $MN)
67 Europe Hearth Market Outlook, By Country (2016-2026) (US $MN)
68 Europe Hearth Market Outlook, By Design (2016-2026) (US $MN)
69 Europe Hearth Market Outlook, By Modern Hearth (2016-2026) (US $MN)
70 Europe Hearth Market Outlook, By Burner (2016-2026) (US $MN)
71 Europe Hearth Market Outlook, By Remote Control System (2016-2026) (US $MN)
72 Europe Hearth Market Outlook, By Sensor (2016-2026) (US $MN)
73 Europe Hearth Market Outlook, By Valve Kit (2016-2026) (US $MN)
74 Europe Hearth Market Outlook, By Other Component (2016-2026) (US $MN)
75 Europe Hearth Market Outlook, By Traditional Hearth (2016-2026) (US $MN)
76 Europe Hearth Market Outlook, By Technology (2016-2026) (US $MN)
77 Europe Hearth Market Outlook, By Direct Vent Technology (2016-2026) (US $MN)
78 Europe Hearth Market Outlook, By Intermittent Pilot Ignition System (2016-2026) (US $MN)
79 Europe Hearth Market Outlook, By Smart Home Integration (2016-2026) (US $MN)
80 Europe Hearth Market Outlook, By Zone Heating Technology (2016-2026) (US $MN)
81 Europe Hearth Market Outlook, By Other Technologies (2016-2026) (US $MN)
82 Europe Hearth Market Outlook, By Application (2016-2026) (US $MN)
83 Europe Hearth Market Outlook, By Institutional (2016-2026) (US $MN)
84 Europe Hearth Market Outlook, By Commercial (2016-2026) (US $MN)
85 Europe Hearth Market Outlook, By Hospitality (2016-2026) (US $MN)
86 Europe Hearth Market Outlook, By Residential (2016-2026) (US $MN)
87 Europe Hearth Market Outlook, By Product (2016-2026) (US $MN)
88 Europe Hearth Market Outlook, By Insert (2016-2026) (US $MN)
89 Europe Hearth Market Outlook, By Fireplace (2016-2026) (US $MN)
90 Europe Hearth Market Outlook, By Stove (2016-2026) (US $MN)
91 Europe Hearth Market Outlook, By Fuel Type (2016-2026) (US $MN)
92 Europe Hearth Market Outlook, By Electricity (2016-2026) (US $MN)
93 Europe Hearth Market Outlook, By Gas (2016-2026) (US $MN)
94 Europe Hearth Market Outlook, By Pellet (2016-2026) (US $MN)
95 Europe Hearth Market Outlook, By Wood (2016-2026) (US $MN)
96 Europe Hearth Market Outlook, By Placement (2016-2026) (US $MN)
97 Europe Hearth Market Outlook, By Outdoor Hearth (2016-2026) (US $MN)
98 Europe Hearth Market Outlook, By Indoor Hearth (2016-2026) (US $MN)
99 Europe Hearth Market Outlook, By Portable Hearth (2016-2026) (US $MN)
100 Asia Pacific Hearth Market Outlook, By Country (2016-2026) (US $MN)
101 Asia Pacific Hearth Market Outlook, By Design (2016-2026) (US $MN)
102 Asia Pacific Hearth Market Outlook, By Modern Hearth (2016-2026) (US $MN)
103 Asia Pacific Hearth Market Outlook, By Burner (2016-2026) (US $MN)
104 Asia Pacific Hearth Market Outlook, By Remote Control System (2016-2026) (US $MN)
105 Asia Pacific Hearth Market Outlook, By Sensor (2016-2026) (US $MN)
106 Asia Pacific Hearth Market Outlook, By Valve Kit (2016-2026) (US $MN)
107 Asia Pacific Hearth Market Outlook, By Other Component (2016-2026) (US $MN)
108 Asia Pacific Hearth Market Outlook, By Traditional Hearth (2016-2026) (US $MN)
109 Asia Pacific Hearth Market Outlook, By Technology (2016-2026) (US $MN)
110 Asia Pacific Hearth Market Outlook, By Direct Vent Technology (2016-2026) (US $MN)
111 Asia Pacific Hearth Market Outlook, By Intermittent Pilot Ignition System (2016-2026) (US $MN)
112 Asia Pacific Hearth Market Outlook, By Smart Home Integration (2016-2026) (US $MN)
113 Asia Pacific Hearth Market Outlook, By Zone Heating Technology (2016-2026) (US $MN)
114 Asia Pacific Hearth Market Outlook, By Other Technologies (2016-2026) (US $MN)
115 Asia Pacific Hearth Market Outlook, By Application (2016-2026) (US $MN)
116 Asia Pacific Hearth Market Outlook, By Institutional (2016-2026) (US $MN)
117 Asia Pacific Hearth Market Outlook, By Commercial (2016-2026) (US $MN)
118 Asia Pacific Hearth Market Outlook, By Hospitality (2016-2026) (US $MN)
119 Asia Pacific Hearth Market Outlook, By Residential (2016-2026) (US $MN)
120 Asia Pacific Hearth Market Outlook, By Product (2016-2026) (US $MN)
121 Asia Pacific Hearth Market Outlook, By Insert (2016-2026) (US $MN)
122 Asia Pacific Hearth Market Outlook, By Fireplace (2016-2026) (US $MN)
123 Asia Pacific Hearth Market Outlook, By Stove (2016-2026) (US $MN)
124 Asia Pacific Hearth Market Outlook, By Fuel Type (2016-2026) (US $MN)
125 Asia Pacific Hearth Market Outlook, By Electricity (2016-2026) (US $MN)
126 Asia Pacific Hearth Market Outlook, By Gas (2016-2026) (US $MN)
127 Asia Pacific Hearth Market Outlook, By Pellet (2016-2026) (US $MN)
128 Asia Pacific Hearth Market Outlook, By Wood (2016-2026) (US $MN)
129 Asia Pacific Hearth Market Outlook, By Placement (2016-2026) (US $MN)
130 Asia Pacific Hearth Market Outlook, By Outdoor Hearth (2016-2026) (US $MN)
131 Asia Pacific Hearth Market Outlook, By Indoor Hearth (2016-2026) (US $MN)
132 Asia Pacific Hearth Market Outlook, By Portable Hearth (2016-2026) (US $MN)
133 South America Hearth Market Outlook, By Country (2016-2026) (US $MN)
134 South America Hearth Market Outlook, By Design (2016-2026) (US $MN)
135 South America Hearth Market Outlook, By Modern Hearth (2016-2026) (US $MN)
136 South America Hearth Market Outlook, By Burner (2016-2026) (US $MN)
137 South America Hearth Market Outlook, By Remote Control System (2016-2026) (US $MN)
138 South America Hearth Market Outlook, By Sensor (2016-2026) (US $MN)
139 South America Hearth Market Outlook, By Valve Kit (2016-2026) (US $MN)
140 South America Hearth Market Outlook, By Other Component (2016-2026) (US $MN)
141 South America Hearth Market Outlook, By Traditional Hearth (2016-2026) (US $MN)
142 South America Hearth Market Outlook, By Technology (2016-2026) (US $MN)
143 South America Hearth Market Outlook, By Direct Vent Technology (2016-2026) (US $MN)
144 South America Hearth Market Outlook, By Intermittent Pilot Ignition System (2016-2026) (US $MN)
145 South America Hearth Market Outlook, By Smart Home Integration (2016-2026) (US $MN)
146 South America Hearth Market Outlook, By Zone Heating Technology (2016-2026) (US $MN)
147 South America Hearth Market Outlook, By Other Technologies (2016-2026) (US $MN)
148 South America Hearth Market Outlook, By Application (2016-2026) (US $MN)
149 South America Hearth Market Outlook, By Institutional (2016-2026) (US $MN)
150 South America Hearth Market Outlook, By Commercial (2016-2026) (US $MN)
151 South America Hearth Market Outlook, By Hospitality (2016-2026) (US $MN)
152 South America Hearth Market Outlook, By Residential (2016-2026) (US $MN)
153 South America Hearth Market Outlook, By Product (2016-2026) (US $MN)
154 South America Hearth Market Outlook, By Insert (2016-2026) (US $MN)
155 South America Hearth Market Outlook, By Fireplace (2016-2026) (US $MN)
156 South America Hearth Market Outlook, By Stove (2016-2026) (US $MN)
157 South America Hearth Market Outlook, By Fuel Type (2016-2026) (US $MN)
158 South America Hearth Market Outlook, By Electricity (2016-2026) (US $MN)
159 South America Hearth Market Outlook, By Gas (2016-2026) (US $MN)
160 South America Hearth Market Outlook, By Pellet (2016-2026) (US $MN)
161 South America Hearth Market Outlook, By Wood (2016-2026) (US $MN)
162 South America Hearth Market Outlook, By Placement (2016-2026) (US $MN)
163 South America Hearth Market Outlook, By Outdoor Hearth (2016-2026) (US $MN)
164 South America Hearth Market Outlook, By Indoor Hearth (2016-2026) (US $MN)
165 South America Hearth Market Outlook, By Portable Hearth (2016-2026) (US $MN)
166 Middle East & Africa Hearth Market Outlook, By Country (2016-2026) (US $MN)
167 Middle East & Africa Hearth Market Outlook, By Design (2016-2026) (US $MN)
168 Middle East & Africa Hearth Market Outlook, By Modern Hearth (2016-2026) (US $MN)
169 Middle East & Africa Hearth Market Outlook, By Burner (2016-2026) (US $MN)
170 Middle East & Africa Hearth Market Outlook, By Remote Control System (2016-2026) (US $MN)
171 Middle East & Africa Hearth Market Outlook, By Sensor (2016-2026) (US $MN)
172 Middle East & Africa Hearth Market Outlook, By Valve Kit (2016-2026) (US $MN)
173 Middle East & Africa Hearth Market Outlook, By Other Component (2016-2026) (US $MN)
174 Middle East & Africa Hearth Market Outlook, By Traditional Hearth (2016-2026) (US $MN)
175 Middle East & Africa Hearth Market Outlook, By Technology (2016-2026) (US $MN)
176 Middle East & Africa Hearth Market Outlook, By Direct Vent Technology (2016-2026) (US $MN)
177 Middle East & Africa Hearth Market Outlook, By Intermittent Pilot Ignition System (2016-2026) (US $MN)
178 Middle East & Africa Hearth Market Outlook, By Smart Home Integration (2016-2026) (US $MN)
179 Middle East & Africa Hearth Market Outlook, By Zone Heating Technology (2016-2026) (US $MN)
180 Middle East & Africa Hearth Market Outlook, By Other Technologies (2016-2026) (US $MN)
181 Middle East & Africa Hearth Market Outlook, By Application (2016-2026) (US $MN)
182 Middle East & Africa Hearth Market Outlook, By Institutional (2016-2026) (US $MN)
183 Middle East & Africa Hearth Market Outlook, By Commercial (2016-2026) (US $MN)
184 Middle East & Africa Hearth Market Outlook, By Hospitality (2016-2026) (US $MN)
185 Middle East & Africa Hearth Market Outlook, By Residential (2016-2026) (US $MN)
186 Middle East & Africa Hearth Market Outlook, By Product (2016-2026) (US $MN)
187 Middle East & Africa Hearth Market Outlook, By Insert (2016-2026) (US $MN)
188 Middle East & Africa Hearth Market Outlook, By Fireplace (2016-2026) (US $MN)
189 Middle East & Africa Hearth Market Outlook, By Stove (2016-2026) (US $MN)
190 Middle East & Africa Hearth Market Outlook, By Fuel Type (2016-2026) (US $MN)
191 Middle East & Africa Hearth Market Outlook, By Electricity (2016-2026) (US $MN)
192 Middle East & Africa Hearth Market Outlook, By Gas (2016-2026) (US $MN)
193 Middle East & Africa Hearth Market Outlook, By Pellet (2016-2026) (US $MN)
194 Middle East & Africa Hearth Market Outlook, By Wood (2016-2026) (US $MN)
195 Middle East & Africa Hearth Market Outlook, By Placement (2016-2026) (US $MN)
196 Middle East & Africa Hearth Market Outlook, By Outdoor Hearth (2016-2026) (US $MN)
197 Middle East & Africa Hearth Market Outlook, By Indoor Hearth (2016-2026) (US $MN)
198 Middle East & Africa Hearth Market Outlook, By Portable Hearth (2016-2026) (US $MN)
