Heating Element & Solutions Market, Global Outlook and Forecast 2023-2030
This report studies the Heating Element & Solutions market, a heating element converts electricity into heat through the process of resistive or Joule heating. Electric current passing through the element encounters resistance, resulting in heating of the element. Unlike the Peltier effect, this process is independent of the direction of current flow.
This report aims to provide a comprehensive presentation of the global market for Heating Element & Solutions, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heating Element & Solutions. This report contains market size and forecasts of Heating Element & Solutions in global, including the following market information:
Global Heating Element & Solutions Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Heating Element & Solutions market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Immersion Heaters Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Heating Element & Solutions include Watlow, Chromalox, Tempco Electric Heating Element Corporation, Tutco Heating Solutions Group, Minco, OMEGA, Indeeco, NIBE and Durex Industries, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Heating Element & Solutions companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Heating Element & Solutions Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Heating Element & Solutions Market Segment Percentages, by Type, 2022 (%)
Immersion Heaters
Tubular Heaters
Circulation Heaters
Band Heaters
Strip Heaters
Coil Heaters
Flexible Heaters
Global Heating Element & Solutions Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Heating Element & Solutions Market Segment Percentages, by Application, 2022 (%)
Chemical & Plastics Industry
Oil & Gas
Building Construction
Pharmaceutical Industry
Food Industry
Global Heating Element & Solutions Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Heating Element & Solutions Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Heating Element & Solutions revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Heating Element & Solutions revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Watlow
Chromalox
Tempco Electric Heating Element Corporation
Tutco Heating Solutions Group
Minco
OMEGA
Indeeco
NIBE
Durex Industries
Industrial Heater Corporation
Delta MFG
Wattco
Escort Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Heating Element & Solutions, market overview.
Chapter 2: Global Heating Element & Solutions market size in revenue.
Chapter 3: Detailed analysis of Heating Element & Solutions company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Heating Element & Solutions in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
