Global Electric Heater Market Research Report 2023(Status and Outlook)

Global Electric Heater Market Research Report 2023(Status and Outlook)

Report Overview

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 Size was estimated at USD 7763 million in 2022 and is projected to reach USD 10011.08 million by 2029, exhibiting a CAGR of 3.70% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Electric Heater market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Electric Heater Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Electric Heater market in any manner.

Global Electric Heater Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key 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

Market Segmentation (by Type)

Immersion Heaters

Tubular Heaters

Circulation Heaters

Band Heaters

Strip Heaters

Coil Heaters

Flexible Heaters

Others

Market Segmentation (by Application)

Building & Construction

Silica

Steel Industry

Ceramics & Refractory

Rubber

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Electric Heater Market

Overview of the regional outlook of the Electric Heater Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors