Global Cartridge Electric Heaters Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Cartridge Electric Heaters Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Cartridge Electric Heaters market size was valued at USD 569 million in 2022 and is forecast to a readjusted size of USD 769.3 million by 2029 with a CAGR of 4.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The key manufacturers of Cartridge Electric Heaters include Zoppas Industries, NIBE Industrier AB, Watlow (Tinicum), Tutco, and Tempco Electric Heater Corporation, etc. The top five manufacturers account for about 15% of the total market share.

Europe is the world's largest market, accounting for about 33%. It is followed by North America and China at about 27% and 24%, respectively.

In terms of product, it is divied into Low Density Cartridge Electric Heaters, Medium Density Cartridge Electric Heaters, and High Density Cartridge Electric Heaters. Low Density Cartridge Electric Heaters account for the highest market share at about 47%. Medium Density Cartridge Electric Heaters account for about 42%.

Cartridge Electric Heaters are widely used in die casting, mold process, plastic extrusion, food processing, medical equipment, and other aspects. Mold process is the main downstream industry, accounting for about 20% of all downstream industries.

Low density cartridge electric heaters comprise a stainless-steel tube containing a nickel-chrome resistive spiral inserted into a ceramic insulating nucleus. Magnesium oxide fills the holes through which the resistive wire is passed to improve heat transmission properties.

Finned strip cartridge elements are employed particularly on packing machines or as anti-condensation units in electric cupboards or panels, whereas finless ones are used on applications for professional catering.

Watt Density ≤6W/cm²

This report is a detailed and comprehensive analysis for global Cartridge Electric Heaters market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Density and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Cartridge Electric Heaters market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global Cartridge Electric Heaters market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global Cartridge Electric Heaters market size and forecasts, by Density and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global Cartridge Electric Heaters market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Cartridge Electric Heaters

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Cartridge Electric Heaters market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Zoppas Industries, NIBE Industrier AB, Watlow (Tinicum), Tutco and Tempco Electric Heater Corporation, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Cartridge Electric Heaters market is split by Density and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Density, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Density
Low Density Cartridge Electric Heaters
Medium Density Cartridge Electric Heaters
High Density Cartridge Electric Heaters

Market segment by Application
Die Casting
Mold Process
Plastic Extrusion
Food Processing
Medical Equipment
Others

Major players covered
Zoppas Industries
NIBE Industrier AB
Watlow (Tinicum)
Tutco
Tempco Electric Heater Corporation
Nexthermal Corporation
Spirax-Sarco Engineering plc
Hotset GmbH
Dalton Electric Heating
OMEGA(Spectris plc)
Turk+Hillinger
Durex Industries
Ihne & Tesch
Industrial Heater Corp.
Friedr. Freek GmbH
Wattco

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Cartridge Electric Heaters product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Cartridge Electric Heaters, with price, sales, revenue and global market share of Cartridge Electric Heaters from 2018 to 2023.

Chapter 3, the Cartridge Electric Heaters competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Cartridge Electric Heaters breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Density and application, with sales market share and growth rate by density, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Cartridge Electric Heaters market forecast, by regions, density and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Cartridge Electric Heaters.

Chapter 14 and 15, to describe Cartridge Electric Heaters sales channel, distributors, customers, research findings and conclusion.