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

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

Immersion heaters are used to heat many liquid substances like water, oil, chemicals and even to stabilize gas within their tanks. They are used in many industries within different liquid storing tanks, during the processing of pipes and in pressurizing the storing containers. This product is made in such a way so as to withstand almost any environment and you can make use of it either in a pure water tank or under any acidic medium.

According to our (Global Info Research) latest study, the global Immersion Heater market size was valued at US$ 718 million in 2023 and is forecast to a readjusted size of USD 954 million by 2030 with a CAGR of 4.2% during review period.

From the view of region, North America have a larger market share which account for 34% and will witness a slightly decrease of share in following years. Asia-Pacific hold a market share of 30% and will still play an important role which cannot be ignored. Any changes from Europe, which share a 28% market share , might affect the development trend of Immersion Heater.The key manufacturers are NIBE, Thermon, Zhenjiang Dongfang Electric Heating Technology, OMEGA Engineering (Spectris), Watlow, Chromalox, Hotset GmbH, Friedr. Freek GmbH, Zoppas Industries, Thermowatt, Tutco Heating Solutions Group, Tempco Electric Heating Element Corporation, Headway Electric Heat Components CO.,LTD, Warren Electric Corporation, Durex Industries, Sanbra Fyffe Limited, WATTCO etc. Top 3 companies occupied about 8% market share.

This report is a detailed and comprehensive analysis for global Immersion 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 Immersion Heater market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

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

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

Global Immersion Heater market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/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 Immersion 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 Immersion 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 NIBE, Thermon, Zhenjiang Dongfang Electric Heating Technology, OMEGA Engineering (Spectris), Watlow, Chromalox, Hotset GmbH, Friedr. Freek GmbH, Zoppas Industries, Thermowatt, etc.

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

Market Segmentation

Immersion 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
Over-the-Side Immersion Heater
Flanged Immersion Heater
Screw Plug Immersion Heater
Others

Market segment by Application
Home Appliance
Industrial Appliance
Others

Major players covered
NIBE
Thermon
Zhenjiang Dongfang Electric Heating Technology
OMEGA Engineering (Spectris)
Watlow
Chromalox
Hotset GmbH
Friedr. Freek GmbH
Zoppas Industries
Thermowatt
Tutco Heating Solutions Group
Tempco Electric Heating Element Corporation
Headway Electric Heat Components CO.,LTD
Warren Electric Corporation
Durex Industries
Sanbra Fyffe Limited
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 Immersion Heater product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the Immersion 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 Immersion 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 Immersion Heater.

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