The global electric heater market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for electric heaters in various industries such as chemical and plastics industry, pharmaceutical industry, transportation and appliances. The increasing demand for electric heaters in these industries is due to their high efficiency and low maintenance cost.
The global electric heater market by type is segmented into immersion heaters, tubular heaters, circulation heaters, band heaters, strip heaters and coil heaters. Immersion heater accounted for the largest share of the global electric heater market in 2017 owing to its high efficiency and low maintenance cost. Tubular heating systems are also gaining traction owing to their ability to provide uniform heating across a large surface area with minimal power consumption.
Some Of The Growth Factors Of This Market:
- The increasing demand for electric heaters in the residential and commercial sectors is a major factor driving the growth of this market.
- The increasing awareness about the benefits of electric heaters over other heating systems is also driving the growth of this market.
- The growing need for energy efficient heating systems is another factor that will drive the growth of this market in coming years.
- Increasing investments by governments to promote renewable energy sources such as solar power, wind power, and hydroelectricity are also expected to fuel the growth of this market in coming years.
- Increasing use of electric heaters in developing countries such as China and India will be another key driver for this market's growth during forecast period.
Industry Growth Insights published a new data on “Electric Heater Market”. The research report is titled “Electric Heater Market research by Types (Immersion Heaters, Tubular Heaters, Circulation Heaters, Band Heaters, Strip Heaters, Coil Heaters, Flexible Heaters, Other Types), By Applications (Chemical & Plastics Industry, Pharmaceutical Industry, Transportation, Appliances, Others), By Players/Companies NIBE, Watlow, Chromalox, Zhenjiang Dongfang Electric Heating Technology, Friedr. Freek GmbH, OMEGA, Zoppas Industries, Thermowatt, Tutco Heating Solutions Group, Tempco Electric Heater Corporation, CCI Thermal Technologies, Headway Electric Heat Components, Hotset GmbH, Minco, Durex Industries, Holroyd Components Ltd, Honeywell, Thermal Corporation, Winkler GmbH, Industrial Heater Corporation, Delta MFG, Wattco”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Heater Market Research Report
By Type
Immersion Heaters, Tubular Heaters, Circulation Heaters, Band Heaters, Strip Heaters, Coil Heaters, Flexible Heaters, Other Types
By Application
Chemical & Plastics Industry, Pharmaceutical Industry, Transportation, Appliances, Others
By Companies
NIBE, Watlow, Chromalox, Zhenjiang Dongfang Electric Heating Technology, Friedr. Freek GmbH, OMEGA, Zoppas Industries, Thermowatt, Tutco Heating Solutions Group, Tempco Electric Heater Corporation, CCI Thermal Technologies, Headway Electric Heat Components, Hotset GmbH, Minco, Durex Industries, Holroyd Components Ltd, Honeywell, Thermal Corporation, Winkler GmbH, Industrial Heater Corporation, Delta MFG, Wattco
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Electric Heater Market Report Segments:
The global Electric Heater market is segmented on the basis of:
Types
Immersion Heaters, Tubular Heaters, Circulation Heaters, Band Heaters, Strip Heaters, Coil Heaters, Flexible Heaters, Other Types
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
Chemical & Plastics Industry, Pharmaceutical Industry, Transportation, Appliances, 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:
- NIBE
- Watlow
- Chromalox
- Zhenjiang Dongfang Electric Heating Technology
- Friedr. Freek GmbH
- OMEGA
- Zoppas Industries
- Thermowatt
- Tutco Heating Solutions Group
- Tempco Electric Heater Corporation
- CCI Thermal Technologies
- Headway Electric Heat Components
- Hotset GmbH
- Minco
- Durex Industries
- Holroyd Components Ltd
- Honeywell
- Thermal Corporation
- Winkler GmbH
- Industrial Heater Corporation
- Delta MFG
- Wattco
Highlights of The Electric Heater 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:
- Immersion Heaters
- Tubular Heaters
- Circulation Heaters
- Band Heaters
- Strip Heaters
- Coil Heaters
- Flexible Heaters
- Other Types
- By Application:
- Chemical & Plastics Industry
- Pharmaceutical Industry
- Transportation
- Appliances
- 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 Electric Heater 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.
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- Correctly Positioning New Products
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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?
An electric heater is a device that uses electricity to heat up an area.
Some of the major companies in the electric heater market are NIBE, Watlow, Chromalox, Zhenjiang Dongfang Electric Heating Technology, Friedr. Freek GmbH, OMEGA, Zoppas Industries, Thermowatt, Tutco Heating Solutions Group, Tempco Electric Heater Corporation, CCI Thermal Technologies, Headway Electric Heat Components, Hotset GmbH, Minco, Durex Industries, Holroyd Components Ltd, Honeywell, Thermal Corporation, Winkler GmbH, Industrial Heater Corporation, Delta MFG, Wattco.
The electric heater market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Heater Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Heater Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Heater Market - Supply Chain
4.5. Global Electric Heater Market Forecast
4.5.1. Electric Heater Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Heater Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Heater Market Absolute $ Opportunity
5. Global Electric Heater Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Heater Market Size and Volume Forecast by Type
5.3.1. Immersion Heaters
5.3.2. Tubular Heaters
5.3.3. Circulation Heaters
5.3.4. Band Heaters
5.3.5. Strip Heaters
5.3.6. Coil Heaters
5.3.7. Flexible Heaters
5.3.8. Other Types
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Heater Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Heater Market Size and Volume Forecast by Application
6.3.1. Chemical & Plastics Industry
6.3.2. Pharmaceutical Industry
6.3.3. Transportation
6.3.4. Appliances
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Heater Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Heater Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Heater Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Heater Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Heater Demand Share Forecast, 2019-2026
9. North America Electric Heater Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Heater Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Heater Market Size and Volume Forecast by Application
9.4.1. Chemical & Plastics Industry
9.4.2. Pharmaceutical Industry
9.4.3. Transportation
9.4.4. Appliances
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Heater Market Size and Volume Forecast by Type
9.7.1. Immersion Heaters
9.7.2. Tubular Heaters
9.7.3. Circulation Heaters
9.7.4. Band Heaters
9.7.5. Strip Heaters
9.7.6. Coil Heaters
9.7.7. Flexible Heaters
9.7.8. Other Types
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Heater Demand Share Forecast, 2019-2026
10. Latin America Electric Heater Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Heater Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Heater Market Size and Volume Forecast by Application
10.4.1. Chemical & Plastics Industry
10.4.2. Pharmaceutical Industry
10.4.3. Transportation
10.4.4. Appliances
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Heater Market Size and Volume Forecast by Type
10.7.1. Immersion Heaters
10.7.2. Tubular Heaters
10.7.3. Circulation Heaters
10.7.4. Band Heaters
10.7.5. Strip Heaters
10.7.6. Coil Heaters
10.7.7. Flexible Heaters
10.7.8. Other Types
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Heater Demand Share Forecast, 2019-2026
11. Europe Electric Heater Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Heater Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Heater Market Size and Volume Forecast by Application
11.4.1. Chemical & Plastics Industry
11.4.2. Pharmaceutical Industry
11.4.3. Transportation
11.4.4. Appliances
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Heater Market Size and Volume Forecast by Type
11.7.1. Immersion Heaters
11.7.2. Tubular Heaters
11.7.3. Circulation Heaters
11.7.4. Band Heaters
11.7.5. Strip Heaters
11.7.6. Coil Heaters
11.7.7. Flexible eaters
11.7.8. Other Types
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Heater Demand Share, 2019-2026
12. Asia Pacific Electric Heater Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Heater Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Heater Market Size and Volume Forecast by Application
12.4.1. Chemical & Plastics Industry
12.4.2. Pharmaceutical Industry
12.4.3. Transportation
12.4.4. Appliances
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Heater Market Size and Volume Forecast by Type
12.7.1. Immersion Heaters
12.7.2. Tubular Heaters
12.7.3. Circulation Heaters
12.7.4. Band Heaters
12.7.5. Strip Heaters
12.7.6. Coil Heaters
12.7.7. Flexible Heaters
12.7.8. Other Types
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Heater Demand Share, 2019-2026
13. Middle East & Africa Electric Heater Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Heater Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Heater Market Size and Volume Forecast by Application
13.4.1. Chemical & Plastics Industry
13.4.2. Pharmaceutical Industry
13.4.3. Transportation
13.4.4. Appliances
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Heater Market Size and Volume Forecast by Type
13.7.1. Immersion Heaters
13.7.2. Tubular Heaters
13.7.3. Circulation Heaters
13.7.4. Band Heaters
13.7.5. Strip Heaters
13.7.6. Coil Heaters
13.7.7. Flexible Heaters
13.7.8. Other Types
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Heater Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Heater Market: Market Share Analysis
14.2. Electric Heater Distributors and Customers
14.3. Electric Heater Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. NIBE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Watlow
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Chromalox
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zhenjiang Dongfang Electric Heating Technology
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Friedr. Freek GmbH
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. OMEGA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zoppas Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Thermowatt
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tutco Heating Solutions Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tempco Electric Heater Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. CCI Thermal Technologies
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Headway Electric Heat Components
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Hotset GmbH
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Minco
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Durex Industries
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Holroyd Components Ltd
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Honeywell
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Thermal Corporation
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Winkler GmbH
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Industrial Heater Corporation
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
