Global Electric Heating Elements Market Report, History and Forecast 2018-2029

Global Electric Heating Elements Market Report, History and Forecast 2018-2029

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Electric Heating Elements was estimated at US$ 9.76 billion in the year 2022, is projected to reach a revised size of US$ 13.09 billion by 2029, growing at a CAGR of 4.57% during the forecast period 2023-2029.

North American market for Electric Heating Elements was valued at $ 2.07 billion in 2022 and will reach $ 2.69 billion by 2029, at a CAGR of 3.96% during the forecast period of 2023 through 2029.

Asia-Pacific market for Electric Heating Elements was valued at $ 4.67 billion in 2022 and will reach $ 6.45 billion by 2029, at a CAGR of 5.03% during the forecast period of 2023 through 2029.

Europe market for Electric Heating Elements was valued at $ 2.25 billion in 2022 and will reach $ 2.94 billion by 2029, at a CAGR of 4.23% during the forecast period of 2023 through 2029.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Electric Heating Elements, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Heating Elements.

The Electric Heating Elements market size, estimations, and forecasts are provided in terms of sales volume (Million Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Electric Heating Elements market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electric Heating Elements market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

Market Segmentation

This report covers the Electric Heating Elements segments by manufacturers, by Type, by Application, by region and country, and provides market size (value, volume and average price) and CAGR for the history and forecast period (2018-2022, 2023-2029), considering 2022 as the base year. It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.

By Company

Zoppas Industries

NIBE Industrier

Watlow (Tinicum)

Zhenjiang Dongfang Electric Heating

Hangzhou Heatwell Electric Heating

Tutco

Sino-Japan Electric Heater

Headway Electric Heat Components

Thermowatt (Ariston Thermo)

Tempco Electric Heater Corporation

Tamman

Thermon Group Holdings

Spirax-Sarco Engineering

Minco Products

Hotset

OMEGA(Spectris)

Indeeco

Holroyd Components

Wattco

Industrial Heater

Friedr. Freek

Segment by Type

Flexible Heaters

Immersion Heaters

Tubular Heaters

Circulation Heaters

Band Heaters

Strip Heaters

Coil Heaters

Others

Segment by Application

Chemical & Plastics Industry

Pharmaceutical Industry

Transportation

Appliances

Others

By Region

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Australia

Rest of Asia-Pacific

Europe

Germany

France

U.K.

Italy

Russia

Rest of Europe

Latin America

Mexico

Brazil

Argentina

Rest of Latin America

Middle East & Africa

Core Chapters

Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Two: Detailed analysis of Electric Heating Elements manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter Three: Sales, revenue of Electric Heating Elements in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, etc.

Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter Twelve: Analysis of sales channel, distributors and customers.

Chapter Thirteen: Research Findings and Conclusion.