Global Electric Heating Cable Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Electric Heating Cable Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Electric Heating Cable market size was valued at USD 2800.4 million in 2022 and is forecast to a readjusted size of USD 4250.9 million by 2029 with a CAGR of 6.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The key global producers of electric heating cable are nVent, SST, Anhui Huanrui, Thermon, Bartec, Wuhu Jiahong, Emerson, Anbang, Eltherm and others. The top five producers have a total market share of 40%, with the largest producer being nVent, accounting for 15%. The global origins are mainly located in North America, Europe, China, Korea, India, etc. North America is the largest market with a share of 45%. In terms of its product categories, self-regulating holds more than 50% of the market share, with other categories including constant wattage, mineral insulated, and skin effect electric heating cable. In terms of applications, industrial is the number one application with more than 60% market share, followed by residential with 25%.

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.

This report is a detailed and comprehensive analysis for global Electric Heating Cable 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 2023, are provided.

Key Features:

Global Electric Heating Cable market size and forecasts, in consumption value ($ Million), sales quantity (Kilo Meters), and average selling prices (USD/KM), 2018-2029

Global Electric Heating Cable market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilo Meters), and average selling prices (USD/KM), 2018-2029

Global Electric Heating Cable market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilo Meters), and average selling prices (USD/KM), 2018-2029

Global Electric Heating Cable market shares of main players, shipments in revenue ($ Million), sales quantity (Kilo Meters), and ASP (USD/KM), 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 Electric Heating Cable

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 Heating Cable 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 nVent, SST, Anhui Huanrui, Thermon and Bartec, 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

Electric Heating Cable market is split by Type and by Application. For the period 2018-2029, 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
Self-regulating
Constant Wattage
Mineral Insulated
Skin-Effect

Market segment by Application
Industrial
Residential
Commercial

Major players covered
nVent
SST
Anhui Huanrui
Thermon
Bartec
Wuhu Jiahong
Emerson
Anbang
Eltherm
Heat Trace Products
Anhui Huayang
Danfoss
Isopad
King Manufacturing
Flexelec
Garnisch
Fine Korea
SunTouch
Urecon
Thermopads

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 Heating Cable product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the Electric Heating Cable 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 Type and application, with sales market share and growth rate by type, 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 Electric Heating Cable market forecast, by regions, type 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 Electric Heating Cable.

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