Global Cartridge Electric Heaters Supply, Demand and Key Producers, 2023-2029

Global Cartridge Electric Heaters Supply, Demand and Key Producers, 2023-2029

The global Cartridge Electric Heaters market size is expected to reach $ 769.3 million by 2029, rising at a market growth of 4.4% CAGR during the forecast period (2023-2029).

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 studies the global Cartridge Electric Heaters production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Cartridge Electric Heaters, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Cartridge Electric Heaters that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Cartridge Electric Heaters total production and demand, 2018-2029, (K Units)

Global Cartridge Electric Heaters total production value, 2018-2029, (USD Million)

Global Cartridge Electric Heaters production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Cartridge Electric Heaters consumption by region & country, CAGR, 2018-2029 & (K Units)

U.S. VS China: Cartridge Electric Heaters domestic production, consumption, key domestic manufacturers and share

Global Cartridge Electric Heaters production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)

Global Cartridge Electric Heaters production by Density, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Cartridge Electric Heaters production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units)

This reports 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, Tempco Electric Heater Corporation, Nexthermal Corporation, Spirax-Sarco Engineering plc, Hotset GmbH and Dalton Electric Heating, etc.

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

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Cartridge Electric Heaters market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Density, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Cartridge Electric Heaters Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Cartridge Electric Heaters Market, Segmentation by Density
Low Density Cartridge Electric Heaters
Medium Density Cartridge Electric Heaters
High Density Cartridge Electric Heaters

Global Cartridge Electric Heaters Market, Segmentation by Application
Die Casting
Mold Process
Plastic Extrusion
Food Processing
Medical Equipment
Others

Companies Profiled:
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

Key Questions Answered

1. How big is the global Cartridge Electric Heaters market?

2. What is the demand of the global Cartridge Electric Heaters market?

3. What is the year over year growth of the global Cartridge Electric Heaters market?

4. What is the production and production value of the global Cartridge Electric Heaters market?

5. Who are the key producers in the global Cartridge Electric Heaters market?

6. What are the growth factors driving the market demand?