Industrial Electric Heating Element market

Industrial Electric Heating Element Market, Global Outlook and Forecast 2022-2028

  • 24 May 2022
  • Semiconductor and Electronics
  • 117 Pages
  • Report code : PMR-7103010

  • 4.7 (158)

Industrial Electric Heating Element Market

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Industrial electric heating element is a heating device 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.
In Industrial Electric Heating Element Market , Industrial electric heating element refers to heaters used in industrial environments, which are different from commercial heaters, such as household appliances.
Industrial Electric Heating Element Market contains market size and forecasts of Industrial Electric Heating Element in global, including the following market information:
Global Industrial Electric Heating Element Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Industrial Electric Heating Element Market Sales, 2017-2022, 2023-2028, (M Units)
Global top five Industrial Electric Heating Element companies in 2021 (%)
The global Industrial Electric Heating Element market was valued at 3001 million in 2021 and is projected to reach US$ 3789.3 million by 2028, at a CAGR of 3.4% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Immersion Heaters Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Industrial Electric Heating Element include NIBE, Zoppas Industries, Watlow (Tinicum), Spirax-Sarco Engineering plc, Thermon, Thermowatt (Ariston Thermo), Tempco Electric Heater Corporation, Hotset GmbH and Durex Industries, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Industrial Electric Heating Element 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 Industrial Electric Heating Element Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Industrial Electric Heating Element Market Segment Percentages, by Type, 2021 (%)
Immersion Heaters
Tubular Heaters
Circulation Heaters
Band Heaters
Strip Heaters
Coil Heaters
Flexible Heaters
Others
Global Industrial Electric Heating Element Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Industrial Electric Heating Element Market Segment Percentages, by Application, 2021 (%)
Chemical & Plastics Industry
Pharmaceutical Industry
Others
Global Industrial Electric Heating Element Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Industrial Electric Heating Element Market Segment Percentages, By Region and Country, 2021 (%)
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 Industrial Electric Heating Element revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Industrial Electric Heating Element revenues share in global market, 2021 (%)
Key companies Industrial Electric Heating Element sales in global market, 2017-2022 (Estimated), (M Units)
Key companies Industrial Electric Heating Element sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
NIBE
Zoppas Industries
Watlow (Tinicum)
Spirax-Sarco Engineering plc
Thermon
Thermowatt (Ariston Thermo)
Tempco Electric Heater Corporation
Hotset GmbH
Durex Industries
Tutco
Indeeco
Holroyd Components Ltd
Friedr. Freek GmbH
Minco Products, Inc.
Industrial Heater Corporation
OMEGA(Spectris plc)
Wattco
Thermal Corporation

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