Global Electric Heater Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Electric Heater Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Electric Heater market size was valued at US$ 8973 million in 2023 and is forecast to a readjusted size of USD 11470 million by 2030 with a CAGR of 3.6% during review period.

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%.

This report is a detailed and comprehensive analysis for global Electric Heater market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type 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 2024, are provided.

Key Features:

Global Electric Heater market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/Unit), 2019-2030

Global Electric Heater market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/Unit), 2019-2030

Global Electric Heater market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/Unit), 2019-2030

Global Electric Heater market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (US$/Unit), 2019-2024

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 Electric Heater

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 Electric Heater market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 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., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Electric Heater market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, 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 Type
Immersion Heaters
Tubular Heaters
Circulation Heaters
Band Heaters
Strip Heaters
Coil Heaters
Flexible Heaters
Others

Market segment by Application
Chemical & Plastics Industry
Pharmaceutical Industry
Transportation
Appliances
Others

Major players covered
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 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 Electric Heater product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Electric Heater, with price, sales quantity, revenue, and global market share of Electric Heater from 2019 to 2024.

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

Chapter 4, the Electric Heater breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

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 2019 to 2024.and Electric Heater market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

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

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