Market Overview:
The global electric heating cable systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric heating cables in industrial, commercial, and residential applications. Additionally, the growing awareness about energy-efficient heating solutions is also propelling the growth of this market. Based on type, the global electric heating cable systems market can be segmented into self-regulating, constant wattage, mineral insulated, and skin-effect cables. Of these segments, self-regulating cables are expected to witness highest growth during the forecast period owing to their ability to automatically adjust power according to changes in temperature or load conditions. Based on application, the global electric heating cable systems market can be divided into industrial applications such as HVAC&R (heating ventilation and air conditioning & refrigeration), process industries such as oil & gas refineries and petrochemical plants), transportation (railways and bus terminals), infrastructure (buildings & stadiums), food processing industry; commercial applications such as office buildings/malls/shopping complexes; residential applications such as single family homes/multiunit dwellings); and other applications including agricultural greenhouses/nurseries).
Product Definition:
Electric heating cable systems are used to heat a variety of objects, including water pipes, roof deicing cables, and walkways. Electric heating cable systems are important because they can help to prevent damage to property and injuries.
Self-regulating:
Self-Regulating Heating Cable Systems (SRHCS) are used in electric heating cable systems for the purpose of automatic temperature control. The system comprises of a thermocoupler, a thermostat and an electric heating element. It is designed to regulate its own temperature by switching on/off an electrical heat source according to the setpoint difference between two temperatures.
Constant Wattage:
Constant wattage is a power rating that defines the maximum power output of an electric heating cable system. The constant wattage systems are used in applications where there is no need for temperature control or where the user does not require to adjust the heat setting.
The most common examples include space heating, floor and wall heating, water warming (for example: swimming pools), cooking (food warmers) and sanitation hot water generation (boiler).
Application Insights:
The industrial segment dominated the global electric heating cable systems market in terms of revenue share in 2017. The growth can be attributed to the rising demand for heat treatment services and equipment across various industries such as automotive, aerospace, and energy. Moreover, rapid urbanization coupled with a growing population has led to an increased need for electricity generation across developing countries such as China, India and Brazil. This factor is expected to drive industry expansion over the forecast period.
The residential segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing adoption of energy-efficient products including electric heating cables among consumers desiring low-cost electricity rates along with improved indoor air quality resulting in reduced sick days among children throughout Europe and North America regions. In addition, favorable government policies promoting green building construction are anticipated further drive product demand over the next seven years especially in European countries such as Germany that are leading manufacturers within Europe region.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is anticipated to grow at a significant rate over the forecast period. This growth can be attributed to increasing industrialization, rising residential construction activities, and expanding commercial sector especially in China, India, Japan, South Korea & Taiwan.
The demand for electric heating cable systems was high due to growing infrastructure development projects such as metro rail system expansion along with various other commercial projects including shopping malls & hotels across Asia Pacific countries such as China & India which will drive product demand further.
Europe held a substantial share in terms of both volume.
Growth Factors:
- Increasing demand for electric heating cable systems in the construction and industrial sectors due to their energy efficiency and low installation costs.
- Growing popularity of electric heating cables as a retrofit solution for existing buildings, owing to their ability to improve comfort levels and reduce energy consumption.
- Rising awareness about the benefits of electric heating cables among consumers, which is resulting in an increase in demand for these systems across residential applications.
- Proliferation of smart grid technologies that are helping promote the use of electric heating cables as a cost-effective means of space conditioning and temperature control across various end-use segments.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Heating Cable Systems Market Research Report
By Type
Self-regulating, Constant Wattage, Mineral Insulated, Skin-Effect
By Application
Industrial, Residential, Commercial, Others
By Companies
SST, Raychem, Anhui Huanrui, Thermon, Bartec, Wuhu Jiahong, Emerson, Anbang, Eltherm, Heat Trace Products, Anhui Huayang, Chromalox, Isopad, King Manufacturing, Flexelec, Garnisch, SunTouch, Urecon, Thermopads
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Electric Heating Cable Systems Market Report Segments:
The global Electric Heating Cable Systems market is segmented on the basis of:
Types
Self-regulating, Constant Wattage, Mineral Insulated, Skin-Effect
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
Industrial, Residential, Commercial, 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:
- SST
- Raychem
- Anhui Huanrui
- Thermon
- Bartec
- Wuhu Jiahong
- Emerson
- Anbang
- Eltherm
- Heat Trace Products
- Anhui Huayang
- Chromalox
- Isopad
- King Manufacturing
- Flexelec
- Garnisch
- SunTouch
- Urecon
- Thermopads
Highlights of The Electric Heating Cable Systems 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:
- Self-regulating
- Constant Wattage
- Mineral Insulated
- Skin-Effect
- By Application:
- Industrial
- Residential
- Commercial
- 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 Heating Cable Systems 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
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Electric heating cable systems are a type of HVAC system that uses an electric current to heat the air or water. The electric heating cable systems use a wire coil to create an electromagnetic field, which then heats the air or water.
Some of the major players in the electric heating cable systems market are SST, Raychem, Anhui Huanrui, Thermon, Bartec, Wuhu Jiahong, Emerson, Anbang, Eltherm, Heat Trace Products, Anhui Huayang, Chromalox, Isopad, King Manufacturing, Flexelec, Garnisch, SunTouch, Urecon, Thermopads.
The electric heating cable systems market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Heating Cable Systems 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 Heating Cable Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Heating Cable Systems Market - Supply Chain
4.5. Global Electric Heating Cable Systems Market Forecast
4.5.1. Electric Heating Cable Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Heating Cable Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Heating Cable Systems Market Absolute $ Opportunity
5. Global Electric Heating Cable Systems 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 Heating Cable Systems Market Size and Volume Forecast by Type
5.3.1. Self-regulating
5.3.2. Constant Wattage
5.3.3. Mineral Insulated
5.3.4. Skin-Effect
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Heating Cable Systems 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 Heating Cable Systems Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Residential
6.3.3. Commercial
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Heating Cable Systems 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 Heating Cable Systems 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 Heating Cable Systems 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 Heating Cable Systems 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 Heating Cable Systems Demand Share Forecast, 2019-2026
9. North America Electric Heating Cable Systems 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 Heating Cable Systems 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 Heating Cable Systems Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Residential
9.4.3. Commercial
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Heating Cable Systems Market Size and Volume Forecast by Type
9.7.1. Self-regulating
9.7.2. Constant Wattage
9.7.3. Mineral Insulated
9.7.4. Skin-Effect
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 Heating Cable Systems Demand Share Forecast, 2019-2026
10. Latin America Electric Heating Cable Systems 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 Heating Cable Systems 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 Heating Cable Systems Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Residential
10.4.3. Commercial
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Heating Cable Systems Market Size and Volume Forecast by Type
10.7.1. Self-regulating
10.7.2. Constant Wattage
10.7.3. Mineral Insulated
10.7.4. Skin-Effect
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 Heating Cable Systems Demand Share Forecast, 2019-2026
11. Europe Electric Heating Cable Systems 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 Heating Cable Systems 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 Heating Cable Systems Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Residential
11.4.3. Commercial
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Heating Cable Systems Market Size and Volume Forecast by Type
11.7.1. Self-regulating
11.7.2. Consant Wattage
11.7.3. Mineral Insulated
11.7.4. Skin-Effect
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 Heating Cable Systems Demand Share, 2019-2026
12. Asia Pacific Electric Heating Cable Systems 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 Heating Cable Systems 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 Heating Cable Systems Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Residential
12.4.3. Commercial
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Heating Cable Systems Market Size and Volume Forecast by Type
12.7.1. Self-regulating
12.7.2. Constant Wattage
12.7.3. Mineral Insulated
12.7.4. Skin-Effect
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 Heating Cable Systems Demand Share, 2019-2026
13. Middle East & Africa Electric Heating Cable Systems 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 Heating Cable Systems 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 Heating Cable Systems Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Residential
13.4.3. Commercial
13.4.4. 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 Heating Cable Systems Market Size and Volume Forecast by Type
13.7.1. Self-regulating
13.7.2. Constant Wattage
13.7.3. Mineral Insulated
13.7.4. Skin-Effect
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 Heating Cable Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Heating Cable Systems Market: Market Share Analysis
14.2. Electric Heating Cable Systems Distributors and Customers
14.3. Electric Heating Cable Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SST
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Raychem
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Anhui Huanrui
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thermon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bartec
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wuhu Jiahong
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Emerson
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Anbang
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Eltherm
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Heat Trace Products
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Anhui Huayang
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Chromalox
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Isopad
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. King Manufacturing
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Flexelec
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Garnisch
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. SunTouch
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Urecon
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Thermopads
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
