Global Electric Heating Cable Supply, Demand and Key Producers, 2023-2029
The global Electric Heating Cable market size is expected to reach $ 4250.9 million by 2029, rising at a market growth of 6.1% CAGR during the forecast period (2023-2029).
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 studies the global Electric Heating Cable production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Electric Heating Cable, 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 Electric Heating Cable that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Electric Heating Cable total production and demand, 2018-2029, (Kilo Meters)
Global Electric Heating Cable total production value, 2018-2029, (USD Million)
Global Electric Heating Cable production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Kilo Meters)
Global Electric Heating Cable consumption by region & country, CAGR, 2018-2029 & (Kilo Meters)
U.S. VS China: Electric Heating Cable domestic production, consumption, key domestic manufacturers and share
Global Electric Heating Cable production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Kilo Meters)
Global Electric Heating Cable production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Kilo Meters)
Global Electric Heating Cable production by Application production, value, CAGR, 2018-2029, (USD Million) & (Kilo Meters)
This reports 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, Bartec, Wuhu Jiahong, Emerson, Anbang and Eltherm, 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 Electric Heating Cable market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Kilo Meters) and average price (USD/KM) by manufacturer, by Type, 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 Electric Heating Cable Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Electric Heating Cable Market, Segmentation by Type
Self-regulating
Constant Wattage
Mineral Insulated
Skin-Effect
Global Electric Heating Cable Market, Segmentation by Application
Industrial
Residential
Commercial
Companies Profiled:
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
Key Questions Answered
1. How big is the global Electric Heating Cable market?
2. What is the demand of the global Electric Heating Cable market?
3. What is the year over year growth of the global Electric Heating Cable market?
4. What is the production and production value of the global Electric Heating Cable market?
5. Who are the key producers in the global Electric Heating Cable market?
6. What are the growth factors driving the market demand?