Global Electric Heater Market Outlook 2022

SKU ID : QYR-19854714 | Publishing Date : 05-Jan-2022 | No. of pages : 128

A typical Electric Heater is usually a coil, ribbon (straight or corrugated), or strip of wire that gives off heat much like a lamp filament. When an electric current flows through it, it glows red hot and converts the electrical energy passing through it into heat, which it radiates out in all directions.
The major players in global Electric Heater market include Zoppas Industries, NIBE, Watlow (Tinicum), etc. The top 3 players occupy over 30% shares of the global market. Asia Pacific and Europe are main markets, they occupy about 60% of the global market. Flexible Heaters is the main type, with a share about 30%. Appliances is the main application, which holds a share about 50%.

The global Electric Heater market was valued at US$ 7763 million in 2020 and is expected to reach US$ 10430 million by the end of 2027, growing at a CAGR of 3.7% during 2021-2027.
This report focuses on Electric Heater volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Electric Heater market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Electric Heater Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Immersion Heaters
Tubular Heaters
Circulation Heaters
Band Heaters
Strip Heaters
Coil Heaters
Flexible Heaters
Others

Segment by Application
Chemical & Plastics Industry
Pharmaceutical Industry
Transportation
Appliances
Others

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

By Company
Zoppas Industries
NIBE
Watlow (Tinicum)
Zhenjiang Dongfang Electric Heating Technology
Spirax-Sarco Engineering plc
Tutco
Thermon
Thermowatt (Ariston Thermo)
Tempco Electric Heater Corporation
Minco Products, Inc.
Hotset GmbH
Headway Electric Heat Components
Honeywell
OMEGA(Spectris plc)
Holroyd Components Ltd
Durex Industries
Thermal Corporation
Friedr. Freek GmbH
Wattco

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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