Global Electrical Heating Cables Market Research Report 2023(Status and Outlook)

Global Electrical Heating Cables Market Research Report 2023(Status and Outlook)



Report Overview

An electric heating cable is a wire cable that produces heat, also referred to as heat trace cable amongst the industry. It is used for a wide range of applications including heat loss replacement, pipe tracing, freeze protection, viscosity control, temperature process maintenance, roof and gutter, and much more. In this report, it mainly focuses on the industrial applications.

Electric heating cable is mainly classified into four types: self-regulating, constant wattage, mineral insulated and skin-effect heating cable. And self-regulating heating cable is the most widely used type which takes up about 58% of the global total in 2019.

Europe is the largest consumption country of Electric heating cable in the world in the past few years and it will keep the same position in the next few years. Europe market took up about 36% the global market in 2019, followed by North America with the share about 31%.

China, North America, Germany, Russia are now the key producers of electric heating cables. There are many producers with low price, poor quality products and vicious competition in China. The high quality products are mainly supplied by overseas producers. Other key factories of electric heating cable are from Korea, France, UK, Canada, etc.

Raychem, SST, Anhui Huanrui, Thermon, Bartec, Wuhu Jiahong, Emerson, Anbang, Eltherm, Heat Trace Products, Anhui Huayang and Chromalox are the key producers in the global electric heating cable market. Top 5 took up about 44.24% of the global sales in 2019. Raychem, SST, Thermon, which have leading technology and market position, are well known suppliers around the world, and Anhui Huanrui, Wuhu Jiahong, Anbang, Anhui Huayang are the leading supplier in China with the total local share of about 50%.

Raychem is the largest supplier of electric heating cable with a global share of about 15%. SST is the second largest supplier of electric heating cable in the world and the largest in Europe, it took about 9% of the global total market. Other key suppliers are Raychem, Anhui Huanrui, Thermon, Bartec, Wuhu Jiahong, Emerson, Eltherm, etc.

The Global Electrical Heating Cables Market Size was estimated at USD 2586.9 million in 2022 and is projected to reach USD 3591.77 million by 2029, exhibiting a CAGR of 4.80% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Electrical Heating Cables 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 Electrical Heating Cables 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 Electrical Heating Cables market in any manner.

Global Electrical Heating Cables 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

Raychem

SST

Anhui Huanrui

Thermon

Bartec

Wuhu Jiahong

Emerson

Anbang

Eltherm

Heat Trace Products

Anhui Huayang

Chromalox

Isopad

King Manufacturing

Flexelec

Garnisch

FINE Unichem

SunTouch

Urecon

Thermopads

Market Segmentation (by Type)

Self-regulating Electric Heating Cable

Constant Wattage Electric Heating Cable

Mineral Insulated Electric Heating Cable

Skin-Effect Electric Heating Cable

Market Segmentation (by Application)

Hospitals

Physical Examination Center

Physician Groups

Others

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 Electrical Heating Cables Market

Overview of the regional outlook of the Electrical Heating Cables 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


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Electrical Heating Cables
1.2 Key Market Segments
1.2.1 Electrical Heating Cables Segment by Type
1.2.2 Electrical Heating Cables Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Electrical Heating Cables Market Overview
2.1 Global Market Overview
2.1.1 Global Electrical Heating Cables Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Electrical Heating Cables Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Electrical Heating Cables Market Competitive Landscape
3.1 Global Electrical Heating Cables Sales by Manufacturers (2018-2023)
3.2 Global Electrical Heating Cables Revenue Market Share by Manufacturers (2018-2023)
3.3 Electrical Heating Cables Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Electrical Heating Cables Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Electrical Heating Cables Sales Sites, Area Served, Product Type
3.6 Electrical Heating Cables Market Competitive Situation and Trends
3.6.1 Electrical Heating Cables Market Concentration Rate
3.6.2 Global 5 and 10 Largest Electrical Heating Cables Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Electrical Heating Cables Industry Chain Analysis
4.1 Electrical Heating Cables Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Electrical Heating Cables Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Electrical Heating Cables Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Electrical Heating Cables Sales Market Share by Type (2018-2023)
6.3 Global Electrical Heating Cables Market Size Market Share by Type (2018-2023)
6.4 Global Electrical Heating Cables Price by Type (2018-2023)
7 Electrical Heating Cables Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Electrical Heating Cables Market Sales by Application (2018-2023)
7.3 Global Electrical Heating Cables Market Size (M USD) by Application (2018-2023)
7.4 Global Electrical Heating Cables Sales Growth Rate by Application (2018-2023)
8 Electrical Heating Cables Market Segmentation by Region
8.1 Global Electrical Heating Cables Sales by Region
8.1.1 Global Electrical Heating Cables Sales by Region
8.1.2 Global Electrical Heating Cables Sales Market Share by Region
8.2 North America
8.2.1 North America Electrical Heating Cables Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Electrical Heating Cables Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Electrical Heating Cables Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Electrical Heating Cables Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Electrical Heating Cables Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Raychem
9.1.1 Raychem Electrical Heating Cables Basic Information
9.1.2 Raychem Electrical Heating Cables Product Overview
9.1.3 Raychem Electrical Heating Cables Product Market Performance
9.1.4 Raychem Business Overview
9.1.5 Raychem Electrical Heating Cables SWOT Analysis
9.1.6 Raychem Recent Developments
9.2 SST
9.2.1 SST Electrical Heating Cables Basic Information
9.2.2 SST Electrical Heating Cables Product Overview
9.2.3 SST Electrical Heating Cables Product Market Performance
9.2.4 SST Business Overview
9.2.5 SST Electrical Heating Cables SWOT Analysis
9.2.6 SST Recent Developments
9.3 Anhui Huanrui
9.3.1 Anhui Huanrui Electrical Heating Cables Basic Information
9.3.2 Anhui Huanrui Electrical Heating Cables Product Overview
9.3.3 Anhui Huanrui Electrical Heating Cables Product Market Performance
9.3.4 Anhui Huanrui Business Overview
9.3.5 Anhui Huanrui Electrical Heating Cables SWOT Analysis
9.3.6 Anhui Huanrui Recent Developments
9.4 Thermon
9.4.1 Thermon Electrical Heating Cables Basic Information
9.4.2 Thermon Electrical Heating Cables Product Overview
9.4.3 Thermon Electrical Heating Cables Product Market Performance
9.4.4 Thermon Business Overview
9.4.5 Thermon Electrical Heating Cables SWOT Analysis
9.4.6 Thermon Recent Developments
9.5 Bartec
9.5.1 Bartec Electrical Heating Cables Basic Information
9.5.2 Bartec Electrical Heating Cables Product Overview
9.5.3 Bartec Electrical Heating Cables Product Market Performance
9.5.4 Bartec Business Overview
9.5.5 Bartec Electrical Heating Cables SWOT Analysis
9.5.6 Bartec Recent Developments
9.6 Wuhu Jiahong
9.6.1 Wuhu Jiahong Electrical Heating Cables Basic Information
9.6.2 Wuhu Jiahong Electrical Heating Cables Product Overview
9.6.3 Wuhu Jiahong Electrical Heating Cables Product Market Performance
9.6.4 Wuhu Jiahong Business Overview
9.6.5 Wuhu Jiahong Recent Developments
9.7 Emerson
9.7.1 Emerson Electrical Heating Cables Basic Information
9.7.2 Emerson Electrical Heating Cables Product Overview
9.7.3 Emerson Electrical Heating Cables Product Market Performance
9.7.4 Emerson Business Overview
9.7.5 Emerson Recent Developments
9.8 Anbang
9.8.1 Anbang Electrical Heating Cables Basic Information
9.8.2 Anbang Electrical Heating Cables Product Overview
9.8.3 Anbang Electrical Heating Cables Product Market Performance
9.8.4 Anbang Business Overview
9.8.5 Anbang Recent Developments
9.9 Eltherm
9.9.1 Eltherm Electrical Heating Cables Basic Information
9.9.2 Eltherm Electrical Heating Cables Product Overview
9.9.3 Eltherm Electrical Heating Cables Product Market Performance
9.9.4 Eltherm Business Overview
9.9.5 Eltherm Recent Developments
9.10 Heat Trace Products
9.10.1 Heat Trace Products Electrical Heating Cables Basic Information
9.10.2 Heat Trace Products Electrical Heating Cables Product Overview
9.10.3 Heat Trace Products Electrical Heating Cables Product Market Performance
9.10.4 Heat Trace Products Business Overview
9.10.5 Heat Trace Products Recent Developments
9.11 Anhui Huayang
9.11.1 Anhui Huayang Electrical Heating Cables Basic Information
9.11.2 Anhui Huayang Electrical Heating Cables Product Overview
9.11.3 Anhui Huayang Electrical Heating Cables Product Market Performance
9.11.4 Anhui Huayang Business Overview
9.11.5 Anhui Huayang Recent Developments
9.12 Chromalox
9.12.1 Chromalox Electrical Heating Cables Basic Information
9.12.2 Chromalox Electrical Heating Cables Product Overview
9.12.3 Chromalox Electrical Heating Cables Product Market Performance
9.12.4 Chromalox Business Overview
9.12.5 Chromalox Recent Developments
9.13 Isopad
9.13.1 Isopad Electrical Heating Cables Basic Information
9.13.2 Isopad Electrical Heating Cables Product Overview
9.13.3 Isopad Electrical Heating Cables Product Market Performance
9.13.4 Isopad Business Overview
9.13.5 Isopad Recent Developments
9.14 King Manufacturing
9.14.1 King Manufacturing Electrical Heating Cables Basic Information
9.14.2 King Manufacturing Electrical Heating Cables Product Overview
9.14.3 King Manufacturing Electrical Heating Cables Product Market Performance
9.14.4 King Manufacturing Business Overview
9.14.5 King Manufacturing Recent Developments
9.15 Flexelec
9.15.1 Flexelec Electrical Heating Cables Basic Information
9.15.2 Flexelec Electrical Heating Cables Product Overview
9.15.3 Flexelec Electrical Heating Cables Product Market Performance
9.15.4 Flexelec Business Overview
9.15.5 Flexelec Recent Developments
9.16 Garnisch
9.16.1 Garnisch Electrical Heating Cables Basic Information
9.16.2 Garnisch Electrical Heating Cables Product Overview
9.16.3 Garnisch Electrical Heating Cables Product Market Performance
9.16.4 Garnisch Business Overview
9.16.5 Garnisch Recent Developments
9.17 FINE Unichem
9.17.1 FINE Unichem Electrical Heating Cables Basic Information
9.17.2 FINE Unichem Electrical Heating Cables Product Overview
9.17.3 FINE Unichem Electrical Heating Cables Product Market Performance
9.17.4 FINE Unichem Business Overview
9.17.5 FINE Unichem Recent Developments
9.18 SunTouch
9.18.1 SunTouch Electrical Heating Cables Basic Information
9.18.2 SunTouch Electrical Heating Cables Product Overview
9.18.3 SunTouch Electrical Heating Cables Product Market Performance
9.18.4 SunTouch Business Overview
9.18.5 SunTouch Recent Developments
9.19 Urecon
9.19.1 Urecon Electrical Heating Cables Basic Information
9.19.2 Urecon Electrical Heating Cables Product Overview
9.19.3 Urecon Electrical Heating Cables Product Market Performance
9.19.4 Urecon Business Overview
9.19.5 Urecon Recent Developments
9.20 Thermopads
9.20.1 Thermopads Electrical Heating Cables Basic Information
9.20.2 Thermopads Electrical Heating Cables Product Overview
9.20.3 Thermopads Electrical Heating Cables Product Market Performance
9.20.4 Thermopads Business Overview
9.20.5 Thermopads Recent Developments
10 Electrical Heating Cables Market Forecast by Region
10.1 Global Electrical Heating Cables Market Size Forecast
10.2 Global Electrical Heating Cables Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Electrical Heating Cables Market Size Forecast by Country
10.2.3 Asia Pacific Electrical Heating Cables Market Size Forecast by Region
10.2.4 South America Electrical Heating Cables Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Electrical Heating Cables by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Electrical Heating Cables Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Electrical Heating Cables by Type (2024-2029)
11.1.2 Global Electrical Heating Cables Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Electrical Heating Cables by Type (2024-2029)
11.2 Global Electrical Heating Cables Market Forecast by Application (2024-2029)
11.2.1 Global Electrical Heating Cables Sales (K MT) Forecast by Application
11.2.2 Global Electrical Heating Cables Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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