Global Immersion Heater Market Growth 2025-2031
The global Immersion Heater market size is predicted to grow from US$ 709 million in 2025 to US$ 921 million in 2031; it is expected to grow at a CAGR of 4.5% from 2025 to 2031.
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.
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.
LP Information, Inc. (LPI) ' newest research report, the “Immersion Heater Industry Forecast” looks at past sales and reviews total world Immersion Heater sales in 2024, providing a comprehensive analysis by region and market sector of projected Immersion Heater sales for 2025 through 2031. With Immersion Heater sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Immersion Heater industry.
This Insight Report provides a comprehensive analysis of the global Immersion Heater 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 Immersion Heater portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Immersion Heater market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Immersion Heater and breaks down the forecast by Type, by Application, 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 Immersion Heater.
This report presents a comprehensive overview, market shares, and growth opportunities of Immersion Heater market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Over-the-Side Immersion Heater
Flanged Immersion Heater
Screw Plug Immersion Heater
Others
Segmentation by Application:
Home Appliance
Industrial Appliance
Others
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.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Immersion Heater market?
What factors are driving Immersion Heater market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Immersion Heater market opportunities vary by end market size?
How does Immersion Heater break out by Type, by Application?