Industrial Electric Heating Element Industry Research Report 2024

Industrial Electric Heating Element Industry Research Report 2024


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 this report, Industrial electric heating element refers to heaters used in industrial environments, which are different from commercial heaters, such as household appliances.

Highlights

The global Industrial Electric Heating Element market is projected to reach US$ million by 2030 from an estimated US$ million in 2024, at a CAGR of % during 2025 and 2030.
Asia -Pacific is the largest consumption region of Industrial Electric Heating Element, with a consumption market share nearly 50%, The second place is Europe, following Asia -Pacific with the consumption market share over 23%.
The key players are NIBE, Zoppas Industries, Watlow (Tinicum), Spirax-Sarco Engineering plc and Thermon etc. Top 5 companies occupied about 26% market share.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Industrial Electric Heating Element, 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 Industrial Electric Heating Element.
The Industrial Electric Heating Element market size, estimations, and forecasts are provided in terms of output/shipments (M Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Industrial Electric Heating Element market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Industrial Electric Heating Element manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report 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

Product Type Insights

Global markets are presented by Industrial Electric Heating Element type, along with growth forecasts through 2030. Estimates on production and value are based on the price in the supply chain at which the Industrial Electric Heating Element are procured by the manufacturers.
This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and during the historical period (2019-2024) and forecast period (2025-2030).
Industrial Electric Heating Element segment by Type

Immersion Heaters
Tubular Heaters
Circulation Heaters
Band Heaters
Strip Heaters
Coil Heaters
Flexible Heaters
Others

Application Insights

This report has provided the market size (production and revenue data) by application, during the historical period (2019-2024) and forecast period (2025-2030).
This report also outlines the market trends of each segment and consumer behaviors impacting the Industrial Electric Heating Element market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Industrial Electric Heating Element market.
Industrial Electric Heating Element segment by Application

Chemical & Plastics Industry
Pharmaceutical Industry
Others

Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2019-2030.
The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2023 because of the base year, with estimates for 2024 and forecast value for 2030.
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

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Industrial Electric Heating Element market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Industrial Electric Heating Element market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
This report will help stakeholders to understand the global industry status and trends of Industrial Electric Heating Element and provides them with information on key market drivers, restraints, challenges, and opportunities.
This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
This report stays updated with novel technology integration, features, and the latest developments in the market
This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Industrial Electric Heating Element industry.
This report helps stakeholders to gain insights into which regions to target globally
This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Industrial Electric Heating Element.
This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Industrial Electric Heating Element manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Industrial Electric Heating Element by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Industrial Electric Heating Element 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, and production of each country in the world.
Chapter 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Industrial Electric Heating Element by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
1.2.2 Immersion Heaters
1.2.3 Tubular Heaters
1.2.4 Circulation Heaters
1.2.5 Band Heaters
1.2.6 Strip Heaters
1.2.7 Coil Heaters
1.2.8 Flexible Heaters
1.2.9 Others
2.3 Industrial Electric Heating Element by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Chemical & Plastics Industry
2.3.3 Pharmaceutical Industry
2.3.4 Others
2.4 Global Market Growth Prospects
2.4.1 Global Industrial Electric Heating Element Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Industrial Electric Heating Element Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Industrial Electric Heating Element Production Estimates and Forecasts (2019-2030)
2.4.4 Global Industrial Electric Heating Element Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Industrial Electric Heating Element Production by Manufacturers (2019-2024)
3.2 Global Industrial Electric Heating Element Production Value by Manufacturers (2019-2024)
3.3 Global Industrial Electric Heating Element Average Price by Manufacturers (2019-2024)
3.4 Global Industrial Electric Heating Element Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Industrial Electric Heating Element Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Industrial Electric Heating Element Manufacturers, Product Type & Application
3.7 Global Industrial Electric Heating Element Manufacturers, Date of Enter into This Industry
3.8 Global Industrial Electric Heating Element Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 NIBE
4.1.1 NIBE Industrial Electric Heating Element Company Information
4.1.2 NIBE Industrial Electric Heating Element Business Overview
4.1.3 NIBE Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
4.1.4 NIBE Product Portfolio
4.1.5 NIBE Recent Developments
4.2 Zoppas Industries
4.2.1 Zoppas Industries Industrial Electric Heating Element Company Information
4.2.2 Zoppas Industries Industrial Electric Heating Element Business Overview
4.2.3 Zoppas Industries Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
4.2.4 Zoppas Industries Product Portfolio
4.2.5 Zoppas Industries Recent Developments
4.3 Watlow (Tinicum)
4.3.1 Watlow (Tinicum) Industrial Electric Heating Element Company Information
4.3.2 Watlow (Tinicum) Industrial Electric Heating Element Business Overview
4.3.3 Watlow (Tinicum) Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
4.3.4 Watlow (Tinicum) Product Portfolio
4.3.5 Watlow (Tinicum) Recent Developments
4.4 Spirax-Sarco Engineering plc
4.4.1 Spirax-Sarco Engineering plc Industrial Electric Heating Element Company Information
4.4.2 Spirax-Sarco Engineering plc Industrial Electric Heating Element Business Overview
4.4.3 Spirax-Sarco Engineering plc Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
4.4.4 Spirax-Sarco Engineering plc Product Portfolio
4.4.5 Spirax-Sarco Engineering plc Recent Developments
4.5 Thermon
4.5.1 Thermon Industrial Electric Heating Element Company Information
4.5.2 Thermon Industrial Electric Heating Element Business Overview
4.5.3 Thermon Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
4.5.4 Thermon Product Portfolio
4.5.5 Thermon Recent Developments
4.6 Thermowatt (Ariston Thermo)
4.6.1 Thermowatt (Ariston Thermo) Industrial Electric Heating Element Company Information
4.6.2 Thermowatt (Ariston Thermo) Industrial Electric Heating Element Business Overview
4.6.3 Thermowatt (Ariston Thermo) Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
4.6.4 Thermowatt (Ariston Thermo) Product Portfolio
4.6.5 Thermowatt (Ariston Thermo) Recent Developments
4.7 Tempco Electric Heater Corporation
4.7.1 Tempco Electric Heater Corporation Industrial Electric Heating Element Company Information
4.7.2 Tempco Electric Heater Corporation Industrial Electric Heating Element Business Overview
4.7.3 Tempco Electric Heater Corporation Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
4.7.4 Tempco Electric Heater Corporation Product Portfolio
4.7.5 Tempco Electric Heater Corporation Recent Developments
4.8 Hotset GmbH
4.8.1 Hotset GmbH Industrial Electric Heating Element Company Information
4.8.2 Hotset GmbH Industrial Electric Heating Element Business Overview
4.8.3 Hotset GmbH Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
4.8.4 Hotset GmbH Product Portfolio
4.8.5 Hotset GmbH Recent Developments
4.9 Durex Industries
4.9.1 Durex Industries Industrial Electric Heating Element Company Information
4.9.2 Durex Industries Industrial Electric Heating Element Business Overview
4.9.3 Durex Industries Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
4.9.4 Durex Industries Product Portfolio
4.9.5 Durex Industries Recent Developments
4.10 Tutco
4.10.1 Tutco Industrial Electric Heating Element Company Information
4.10.2 Tutco Industrial Electric Heating Element Business Overview
4.10.3 Tutco Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
4.10.4 Tutco Product Portfolio
4.10.5 Tutco Recent Developments
7.11 Indeeco
7.11.1 Indeeco Industrial Electric Heating Element Company Information
7.11.2 Indeeco Industrial Electric Heating Element Business Overview
4.11.3 Indeeco Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
7.11.4 Indeeco Product Portfolio
7.11.5 Indeeco Recent Developments
7.12 Holroyd Components Ltd
7.12.1 Holroyd Components Ltd Industrial Electric Heating Element Company Information
7.12.2 Holroyd Components Ltd Industrial Electric Heating Element Business Overview
7.12.3 Holroyd Components Ltd Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
7.12.4 Holroyd Components Ltd Product Portfolio
7.12.5 Holroyd Components Ltd Recent Developments
7.13 Friedr. Freek GmbH
7.13.1 Friedr. Freek GmbH Industrial Electric Heating Element Company Information
7.13.2 Friedr. Freek GmbH Industrial Electric Heating Element Business Overview
7.13.3 Friedr. Freek GmbH Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
7.13.4 Friedr. Freek GmbH Product Portfolio
7.13.5 Friedr. Freek GmbH Recent Developments
7.14 Minco Products, Inc.
7.14.1 Minco Products, Inc. Industrial Electric Heating Element Company Information
7.14.2 Minco Products, Inc. Industrial Electric Heating Element Business Overview
7.14.3 Minco Products, Inc. Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
7.14.4 Minco Products, Inc. Product Portfolio
7.14.5 Minco Products, Inc. Recent Developments
7.15 Industrial Heater Corporation
7.15.1 Industrial Heater Corporation Industrial Electric Heating Element Company Information
7.15.2 Industrial Heater Corporation Industrial Electric Heating Element Business Overview
7.15.3 Industrial Heater Corporation Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
7.15.4 Industrial Heater Corporation Product Portfolio
7.15.5 Industrial Heater Corporation Recent Developments
7.16 OMEGA(Spectris plc)
7.16.1 OMEGA(Spectris plc) Industrial Electric Heating Element Company Information
7.16.2 OMEGA(Spectris plc) Industrial Electric Heating Element Business Overview
7.16.3 OMEGA(Spectris plc) Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
7.16.4 OMEGA(Spectris plc) Product Portfolio
7.16.5 OMEGA(Spectris plc) Recent Developments
7.17 Wattco
7.17.1 Wattco Industrial Electric Heating Element Company Information
7.17.2 Wattco Industrial Electric Heating Element Business Overview
7.17.3 Wattco Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
7.17.4 Wattco Product Portfolio
7.17.5 Wattco Recent Developments
7.18 Thermal Corporation
7.18.1 Thermal Corporation Industrial Electric Heating Element Company Information
7.18.2 Thermal Corporation Industrial Electric Heating Element Business Overview
7.18.3 Thermal Corporation Industrial Electric Heating Element Production, Value and Gross Margin (2019-2024)
7.18.4 Thermal Corporation Product Portfolio
7.18.5 Thermal Corporation Recent Developments
5 Global Industrial Electric Heating Element Production by Region
5.1 Global Industrial Electric Heating Element Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Industrial Electric Heating Element Production by Region: 2019-2030
5.2.1 Global Industrial Electric Heating Element Production by Region: 2019-2024
5.2.2 Global Industrial Electric Heating Element Production Forecast by Region (2025-2030)
5.3 Global Industrial Electric Heating Element Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Industrial Electric Heating Element Production Value by Region: 2019-2030
5.4.1 Global Industrial Electric Heating Element Production Value by Region: 2019-2024
5.4.2 Global Industrial Electric Heating Element Production Value Forecast by Region (2025-2030)
5.5 Global Industrial Electric Heating Element Market Price Analysis by Region (2019-2024)
5.6 Global Industrial Electric Heating Element Production and Value, YOY Growth
5.6.1 North America Industrial Electric Heating Element Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Industrial Electric Heating Element Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Industrial Electric Heating Element Production Value Estimates and Forecasts (2019-2030)
6 Global Industrial Electric Heating Element Consumption by Region
6.1 Global Industrial Electric Heating Element Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Industrial Electric Heating Element Consumption by Region (2019-2030)
6.2.1 Global Industrial Electric Heating Element Consumption by Region: 2019-2030
6.2.2 Global Industrial Electric Heating Element Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Industrial Electric Heating Element Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Industrial Electric Heating Element Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Industrial Electric Heating Element Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Industrial Electric Heating Element Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Industrial Electric Heating Element Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Industrial Electric Heating Element Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Industrial Electric Heating Element Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Industrial Electric Heating Element Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Industrial Electric Heating Element Production by Type (2019-2030)
7.1.1 Global Industrial Electric Heating Element Production by Type (2019-2030) & (M Units)
7.1.2 Global Industrial Electric Heating Element Production Market Share by Type (2019-2030)
7.2 Global Industrial Electric Heating Element Production Value by Type (2019-2030)
7.2.1 Global Industrial Electric Heating Element Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Industrial Electric Heating Element Production Value Market Share by Type (2019-2030)
7.3 Global Industrial Electric Heating Element Price by Type (2019-2030)
8 Segment by Application
8.1 Global Industrial Electric Heating Element Production by Application (2019-2030)
8.1.1 Global Industrial Electric Heating Element Production by Application (2019-2030) & (M Units)
8.1.2 Global Industrial Electric Heating Element Production by Application (2019-2030) & (M Units)
8.2 Global Industrial Electric Heating Element Production Value by Application (2019-2030)
8.2.1 Global Industrial Electric Heating Element Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Industrial Electric Heating Element Production Value Market Share by Application (2019-2030)
8.3 Global Industrial Electric Heating Element Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Industrial Electric Heating Element Value Chain Analysis
9.1.1 Industrial Electric Heating Element Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Industrial Electric Heating Element Production Mode & Process
9.2 Industrial Electric Heating Element Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Industrial Electric Heating Element Distributors
9.2.3 Industrial Electric Heating Element Customers
10 Global Industrial Electric Heating Element Analyzing Market Dynamics
10.1 Industrial Electric Heating Element Industry Trends
10.2 Industrial Electric Heating Element Industry Drivers
10.3 Industrial Electric Heating Element Industry Opportunities and Challenges
10.4 Industrial Electric Heating Element Industry Restraints
11 Report Conclusion
12 Disclaimer

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