Market Overview:
The global heater control panels market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient heating systems across various industries. In addition, the growing awareness about safety and security is also propelling the demand for heater control panels globally. Based on type, the global heater control panels market can be segmented into NEMA 4, NEMA 4X, NEMA 12 and others. The NEMA 4 category is expected to hold a major share of the global heater control panels market during the forecast period owing to its properties such as corrosion resistance and weatherproofing. Based on application, the global heater control panels market can be segmented into manufacturing, food preparation and others (including transportation and logistics).
Product Definition:
A heater control panel is an important component of a heating system. It allows homeowners to regulate the temperature in their homes by controlling the flow of heat from the furnace. The panels may include dials or buttons that allow homeowners to set the desired temperature, as well as switches that turn on and off the furnace.
NEMA 4:
NEMA 4 is a type of electrical equipment designed to operate effectively in harsh environments. NEMA 4 products are manufactured for commercial and industrial applications including air handling, heat pumps, refrigeration, process cooling and heating control panels. The global market for NEMA 4 is expected to witness significant growth over the forecast period owing to its wide range of application areas coupled with rising demand from developing economies such as China & India.
NEMA 4X:
NEMA 4X is a type of electrical housing used for commercial and industrial applications. It is available in different sizes and specifications based on the application it serves. NEMA 4X has larger dimensions as compared to NEMA 6, 7, 8 & 9 which makes it suitable for heavy-duty applications such as electric motor controls, switchgear control panels etc.
Application Insights:
The manufacturing application segment led the global heater control panels market and accounted for more than a 29% share of the overall revenue in 2017. The growth can be attributed to an increase in industrial production across various countries worldwide. Industrial applications include foundry, glasshouses, steel mills and others where heaters are used to maintain temperature or to sterilize equipment.
The food preparation application segment is expected to witness significant growth over the forecast period owing to rising demand from commercial foodservice industries for advanced technology products that offer easy installation and convenient use at a reasonable cost. Moreover, increasing government regulations regarding HACCP implementation will further boost industry expansion over the coming years.
Regional Analysis:
North America dominated the global heater control panels market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period as well owing to factors such as developed infrastructure and growing industrial sector. Moreover, rising awareness regarding HVAC systems among consumers is also one of the major factors contributing toward regional growth.
Asia Pacific market for heater control panels is anticipated to witness significant growth during the forecast period owing to increasing construction activities.
Growth Factors:
- Increasing demand for energy-efficient heating systems
- Growing popularity of programmable thermostats
- Rising awareness about the benefits of Heater Control Panels
- Proliferation of smart homes and buildings
- Technological advancements in Heater Control Panel design and functionality
Scope Of The Report
Report Attributes
Report Details
Report Title
Heater Control Panels Market Research Report
By Type
NEMA 4, NEMA 4X, NEMA 12, Others
By Application
Manufacturing, Food Preparation, Others
By Companies
Gaumer Process, Tutco, Thermon, Lester Controls, Powerblanket, Bucan, SPX Cooling Technologies, Chromalox, Heatrex, Bay Power, Watlow, Integrated Flow Solutions (IFS)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Heater Control Panels Market Report Segments:
The global Heater Control Panels market is segmented on the basis of:
Types
NEMA 4, NEMA 4X, NEMA 12, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Manufacturing, Food Preparation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Gaumer Process
- Tutco
- Thermon
- Lester Controls
- Powerblanket
- Bucan
- SPX Cooling Technologies
- Chromalox
- Heatrex
- Bay Power
- Watlow
- Integrated Flow Solutions (IFS)
Highlights of The Heater Control Panels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- NEMA 4
- NEMA 4X
- NEMA 12
- Others
- By Application:
- Manufacturing
- Food Preparation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Heater Control Panels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Heater Control Panels are a type of air conditioning unit that allow the user to adjust the temperature in their home. They come in different shapes and sizes, and can be mounted on walls or ceilings. Heater Control Panels typically have buttons or knobs that allow the user to change the temperature setting, as well as an indicator light that tells them when the unit is working properly.
Some of the major companies in the heater control panels market are Gaumer Process, Tutco, Thermon, Lester Controls, Powerblanket, Bucan, SPX Cooling Technologies, Chromalox, Heatrex, Bay Power, Watlow, Integrated Flow Solutions (IFS).
The heater control panels market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heater Control Panels Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Heater Control Panels Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Heater Control Panels Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Heater Control Panels Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Heater Control Panels Market Size & Forecast, 2018-2028 4.5.1 Heater Control Panels Market Size and Y-o-Y Growth 4.5.2 Heater Control Panels Market Absolute $ Opportunity
Chapter 5 Global Heater Control Panels Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Heater Control Panels Market Size Forecast by Type
5.2.1 NEMA 4
5.2.2 NEMA 4X
5.2.3 NEMA 12
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Heater Control Panels Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Heater Control Panels Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 Food Preparation
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heater Control Panels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Heater Control Panels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Heater Control Panels Analysis and Forecast
9.1 Introduction
9.2 North America Heater Control Panels Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Heater Control Panels Market Size Forecast by Type
9.6.1 NEMA 4
9.6.2 NEMA 4X
9.6.3 NEMA 12
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Heater Control Panels Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 Food Preparation
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Heater Control Panels Analysis and Forecast
10.1 Introduction
10.2 Europe Heater Control Panels Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Heater Control Panels Market Size Forecast by Type
10.6.1 NEMA 4
10.6.2 NEMA 4X
10.6.3 NEMA 12
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Heater Control Panels Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 Food Preparation
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Heater Control Panels Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Heater Control Panels Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Heater Control Panels Market Size Forecast by Type
11.6.1 NEMA 4
11.6.2 NEMA 4X
11.6.3 NEMA 12
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Heater Control Panels Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 Food Preparation
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Heater Control Panels Analysis and Forecast
12.1 Introduction
12.2 Latin America Heater Control Panels Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Heater Control Panels Market Size Forecast by Type
12.6.1 NEMA 4
12.6.2 NEMA 4X
12.6.3 NEMA 12
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Heater Control Panels Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 Food Preparation
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Heater Control Panels Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Heater Control Panels Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Heater Control Panels Market Size Forecast by Type
13.6.1 NEMA 4
13.6.2 NEMA 4X
13.6.3 NEMA 12
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Heater Control Panels Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 Food Preparation
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Heater Control Panels Market: Competitive Dashboard
14.2 Global Heater Control Panels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gaumer Process
14.3.2 Tutco
14.3.3 Thermon
14.3.4 Lester Controls
14.3.5 Powerblanket
14.3.6 Bucan
14.3.7 SPX Cooling Technologies
14.3.8 Chromalox
14.3.9 Heatrex
14.3.10 Bay Power
14.3.11 Watlow
14.3.12 Integrated Flow Solutions (IFS)