De’ Longhi Appliances S.r.l., Honeywell International Inc., and NewAir were Dominating the North America Oil Filled Electric Heaters Market in 2022

North America Oil Filled Electric Heaters Market is expected to grow in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.

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North America oil filled electric heaters market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in North America oil filled electric heaters market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement, business expansion, award and recognition into the market. This helped companies to maximize the sales with enhanced product portfolio.

For instance:

  • In June 2021, NewAir expanded its business operations through investments in infrastructure, product development, and add-on acquisitions by Guardian Capital Partners. The company has partnered with NewAir management team to execute the plans of expansion. This has helped the company evolve as a leading digitally native compact appliances company with a continued shift towards e-commerce shopping.

De’ Longhi Appliances S.r.l. is the dominating player in North America oil filled electric heaters market. The other key players existing in the market are H2 Brands Group, NewAir, Ningbo Konwin Electrical Appliances Co., Ltd., Costway.com, Inc., PELONIS, Optimus Enterprise, Inc., Lorell Office Furniture, Honeywell International Inc, SENCORt and others.

North America Oil Filled Electric Heaters Market De’ Longhi Appliances S.r.l.

De’ Longhi Appliances S.r.l. established in the year 1974, headquarter in Treviso, Italy. The company is a provider of small domestic appliances associated with the world of coffee, the kitchen, air conditioning, and home care. The company has five brand categories which are De' Longhi, Kenwood, Braun, NutriBullet, Ariete in which De' Longhi is market focused category.

For instance,

  • In February 2020, De’ Longhi Appliances S.r.l. expanded its business by acquisition of a new production plant in Romania. The site is composed of two buildings of around 25,000 square meters, with already operating injection machines and EPS (expanded polystyrene) production facilities that the Group can use for its production. The new location employed around 500 workers, and the aim behind the move was to pursue growth in the market.

The company has presence across Europe, Americas, Asia-Pacific, Middle East and Africa. The company also has various subsidiaries including De’Longhi Romania S.r.l. (Romania), De’Longhi Deutschland GmbH (Germany), De’Longhi Kenwood GmbH (Austria), De'Longhi America, Inc. (U.S.), De Longhi France (France) among others.

Honeywell International Inc.

Honeywell International Inc., founded in the year 1885, headquartered is in North Carolina, U.S. The company is involved in developing software integrated technologies for critical industrial challenges around energy, safety, security, air travel, productivity and global urbanization. The company has several product categories including air conditioners, air monitors, air purifiers, door chimes, electronic bikes, fans, filters, generators, hand dryers, heaters, home security, humidifiers, lighting & bulbs, safety products, thermostats in which heaters is the market focused category.

The company has wide presence Europe, Americas, Asia-Pacific, Middle East and Africa. The company also has various subsidiaries including AlliedSignal Aerospace Service LLC (U.S.), BW Technologies Partnership (Canada), COM DEV Ltd. (Canada), Honeywell Aerospace de México, S. de R.L. de C.V. (Mexio), Honeywell Automation India Limited (India) among others.

NewAir

NewAir, headquarter in California, U.S. The company offers wide range of compact appliances, from heating and cooling, to wine and beverage coolers. The company has product categories which are wine fridges, beverage fridges, ice makers, cigar humidors, cooling, heating in which heating is market focused category.

For instance,

  • In February 2020, NewAir was awarded Top Workplaces 2019 by The Orange County Register. The survey measures several aspects of workplace culture, including alignment, execution, and connection, and other factors. The strong and steady advancement of NewAir Appliances reflects the connected company culture for which the company has been awarded. This has enhanced the company’s reputation in the market.

The company has presence across North America.