Global Electric Heating Rod Market Growth 2024-2030
An Electric Heating Rod, also known as an immersion heater, is a simple yet effective device used for heating liquids or air in various applications. It consists of a rod-shaped heating element that converts electrical energy into heat through the principle of electrical resistance. The heating rod is typically made from a metal sheath that encases a resistive wire, which heats up when an electric current passes through it.
The global Electric Heating Rod market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Electric Heating Rod Industry Forecast” looks at past sales and reviews total world Electric Heating Rod sales in 2023, providing a comprehensive analysis by region and market sector of projected Electric Heating Rod sales for 2024 through 2030. With Electric Heating Rod sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Heating Rod industry.
This Insight Report provides a comprehensive analysis of the global Electric Heating Rod landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Heating Rod portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Heating Rod market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Heating Rod and breaks down the forecast by Raw Materials, by End User, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Heating Rod.
United States market for Electric Heating Rod is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Electric Heating Rod is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Electric Heating Rod is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Electric Heating Rod players cover Superb Heater, Marathon Heat, Yancheng Vinson Technology Co., Ltd., China Shanghai Pamaens Technology, Copron, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Heating Rod market by product type, application, key manufacturers and key regions and countries.
Segmentation by Raw Materials:
Metal
Non-metal
Segmentation by End User:
Petroleum
Chemicals
Nuclear Power
Aerospace
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Superb Heater
Marathon Heat
Yancheng Vinson Technology Co., Ltd.
China Shanghai Pamaens Technology
Copron
JAYE INDUSTRY
POOJA HEATING SYSTEMS
Powerpack Electricals
Suwaie
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Heating Rod market?
What factors are driving Electric Heating Rod market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Heating Rod market opportunities vary by end market size?
How does Electric Heating Rod break out by Raw Materials, by End User?
Please note: The report will take approximately 2 business days to prepare and deliver.