Immersion Heater market

Immersion Heater Market, Global Outlook and Forecast 2023-2029

  • 27 March 2023
  • Manufacturing & Construction
  • 119 Pages
  • Report code : PMR-7616663

  • 4.7 (158)

Immersion Heater Market

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Immersion heaters are used to heat many liquid substances like water, oil, chemicals and even to stabilize gas within their tanks. They are used in many industries within different liquid storing tanks, during the processing of pipes and in pressurizing the storing containers. This product is made in such a way so as to withstand almost any environment and you can make use of it either in a pure water tank or under any acidic medium.

Immersion Heater Market aims to provide a comprehensive presentation of the global market for Immersion Heater, 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 Immersion Heater. Immersion Heater Market contains market size and forecasts of Immersion Heater in global, including the following market information:

Global Immersion Heater Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Immersion Heater Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Immersion Heater companies in 2022 (%)

The global Immersion Heater market was valued at US$ 685.8 million in 2022 and is projected to reach US$ 909.5 million by 2029, at a CAGR of 4.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

From the view of region, North America have a larger market share which account for 34% and will witness a slightly decrease of share in following years. Asia-Pacific hold a market share of 30% and will still play an important role which cannot be ignored. Any changes from Europe, which share a 28% market share , might affect the development trend of Immersion Heater.The key manufacturers are NIBE, Thermon, Zhenjiang Dongfang Electric Heating Technology, OMEGA Engineering (Spectris), Watlow, Chromalox, Hotset GmbH, Friedr. Freek GmbH, Zoppas Industries, Thermowatt, Tutco Heating Solutions Group, Tempco Electric Heating Element Corporation, Headway Electric Heat Components CO.,LTD, Warren Electric Corporation, Durex Industries, Sanbra Fyffe Limited, WATTCO etc. Top 3 companies occupied about 8% market share.

We surveyed the Immersion Heater manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Immersion Heater Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Immersion Heater Market Segment Percentages, by Type, 2022 (%)

Over-the-Side Immersion Heater

Flanged Immersion Heater

Screw Plug Immersion Heater

Others

Global Immersion Heater Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Immersion Heater Market Segment Percentages, by Application, 2022 (%)

Home Appliance

Industrial Appliance

Others

Global Immersion Heater Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Immersion Heater 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 Immersion Heater revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Immersion Heater revenues share in global market, 2022 (%)

Key companies Immersion Heater sales in global market, 2018-2023 (Estimated), (K Units)

Key companies Immersion Heater sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

NIBE

Thermon

Zhenjiang Dongfang Electric Heating Technology

OMEGA Engineering (Spectris)

Watlow

Chromalox

Hotset GmbH

Friedr. Freek GmbH

Zoppas Industries

Thermowatt

Tutco Heating Solutions Group

Tempco Electric Heating Element Corporation

Headway Electric Heat Components CO.,LTD

Warren Electric Corporation

Durex Industries

Sanbra Fyffe Limited

WATTCO

Outline of Major Chapters:

Chapter 1: Introduces the definition of Immersion Heater, market overview.

Chapter 2: Global Immersion Heater market size in revenue and volume.

Chapter 3: Detailed analysis of Immersion Heater manufacturers competitive landscape, price, sales and revenue 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 Immersion Heater 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: Global Immersion Heater capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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