Market Overview:
The global electric heating plate 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 electric heating plates from various end-use industries, such as household and industrial applications. In terms of type, the stainless steel segment is expected to lead the global electric heating plate market during the forecast period, followed by ceramic and cast copper segments. Stainless steel electric heating plates are corrosion-resistant and have a long life span as compared to other types of electric heating plates available in the market. They are also easy to clean and maintain, which makes them popular among consumers.
Product Definition:
Electric heating plate is an electric device that converts electricity into heat. It is used to heat up materials or objects. The importance of electric heating plate is that it can provide a consistent and reliable source of heat for various applications.
Stainless Steel:
Stainless steel is a type of metal that has greater carbon content than regular iron. Carbon makes the metal stronger and more resistant to rusting, which makes it highly preferable in manufacturing heating plates for hair dryers, etc. The greater carbon content also gives the metal a higher melting point, which means that stainless steel can be used at higher temperatures without being damaged or altered in any way.
The global electric heating plate market was valued at over USD 2 billion in 2015.
Ceramic:
Ceramic is a solid material that is made up of one or more materials such as alumina, silica and feldspar. The most common types of ceramic are porcelain, white glazed earthenware and stoneware. Ceramics are used in various applications due to their properties such as electrical insulation, chemical inertness and mechanical hardness.
Application Insights:
The household segment dominated the global electric heating plate market in 2017. The growth of this segment can be attributed to increasing urbanization and rising disposable income levels among consumers, especially in developing countries such as China, India and Brazil. In addition, demand for energy-efficient products is also driving the demand for electric heating plates among households across the globe.
Industrial application was one of the prominent segments accounted for a significant share in 2017 owing to growing industrialization across various regions including Asia Pacific and Middle East & Africa. Growing focus on reducing greenhouse emissions is also propelling industry growth over the forecast period. For instance; Germany¢â‚¬â„¢s Ministry of Economy has set a target to reduce greenhouse gas emissions by 80% from 1990 levels by 2050 which will drive industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has resulted in an increasing number of residential and commercial buildings. This, in turn, is anticipated to drive the demand for electric heating plates across Asia Pacific during the forecast period.
The growing industrial sector across emerging economies such as China and India on account of rising foreign investments coupled with government initiatives towards infrastructure development is likely to have a positive impact on industry growth over the next eight years. Europe accounted for more than 20% share of global revenue in 2017 owing to high product adoption due to cold climate conditions there. However, slow economic growth post-recession coupled with stringent environmental regulations by European governments are expected negatively affect industry growth over the coming years.
Growth Factors:
- Increasing demand for electric heating plates in residential and commercial applications due to their energy efficiency and low operating costs as compared to traditional heating methods.
- Growing popularity of electric vehicles which is expected to result in increased demand for electric heating plates for battery charging and cabin warming applications.
- Rising awareness about the benefits of using electric heating plates over other forms of heaters, especially among consumers in developing countries who are looking for affordable ways to heat their homes or businesses.
- Technological advancements that have led to the development of more efficient and durable electric heating plates, resulting in greater acceptance among consumers worldwide. 5) The increasing trend of home automation and smart homes is also expected to benefit the Electric Heating Plate market as these systems often require an efficient means of space-heating
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Heating Plate Market Research Report
By Type
Stainless Steel, Ceramic, Cast Copper, Other
By Application
Household, Industrial
By Companies
JRY, Selecta, GDANA, ZKAB, Thermo Fisher Scientific, ShupeiLab, APL, Bibby-Stuart, CAT, Fried Electric, JRY, SPS, Labtech, IKA, Harry Gestigkeit, CIF, WIGGENS
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Electric Heating Plate Market Report Segments:
The global Electric Heating Plate market is segmented on the basis of:
Types
Stainless Steel, Ceramic, Cast Copper, Other
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
Household, Industrial
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:
- JRY
- Selecta
- GDANA
- ZKAB
- Thermo Fisher Scientific
- ShupeiLab
- APL
- Bibby-Stuart
- CAT
- Fried Electric
- JRY
- SPS
- Labtech
- IKA
- Harry Gestigkeit
- CIF
- WIGGENS
Highlights of The Electric Heating Plate 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:
- Stainless Steel
- Ceramic
- Cast Copper
- Other
- By Application:
- Household
- Industrial
- 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 Plate 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?
Electric heating plates are a type of electric heater that uses electricity to heat up metal plates. The metal plates are placed on top of a base, and the electricity heats up the metal so that it can radiate heat. This type of heater is often used in kitchens and other places where there is limited space for traditional gas or oil-fired appliances.
Some of the major companies in the electric heating plate market are JRY, Selecta, GDANA, ZKAB, Thermo Fisher Scientific, ShupeiLab, APL, Bibby-Stuart, CAT, Fried Electric, JRY, SPS, Labtech, IKA, Harry Gestigkeit, CIF, WIGGENS.
The electric heating plate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Heating Plate 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 Electric Heating Plate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Heating Plate 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 Electric Heating Plate 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 Electric Heating Plate Market Size & Forecast, 2020-2028
4.5.1 Electric Heating Plate Market Size and Y-o-Y Growth
4.5.2 Electric Heating Plate Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Stainless Steel
5.2.2 Ceramic
5.2.3 Cast Copper
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Heating Plate 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 Electric Heating Plate 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Stainless Steel
9.6.2 Ceramic
9.6.3 Cast Copper
9.6.4 Other
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 Market Size Forecast by Applications
9.10.1 Household
9.10.2 Industrial
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Stainless Steel
10.6.2 Ceramic
10.6.3 Cast Copper
10.6.4 Other
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 Market Size Forecast by Applications
10.10.1 Household
10.10.2 Industrial
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Stainless Steel
11.6.2 Ceramic
11.6.3 Cast Copper
11.6.4 Other
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 Market Size Forecast by Applications
11.10.1 Household
11.10.2 Industrial
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Stainless Steel
12.6.2 Ceramic
12.6.3 Cast Copper
12.6.4 Other
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 Market Size Forecast by Applications
12.10.1 Household
12.10.2 Industrial
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Stainless Steel
13.6.2 Ceramic
13.6.3 Cast Copper
13.6.4 Other
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) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Industrial
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 Electric Heating Plate Market: Competitive Dashboard
14.2 Global Electric Heating Plate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JRY
14.3.2 Selecta
14.3.3 GDANA
14.3.4 ZKAB
14.3.5 Thermo Fisher Scientific
14.3.6 ShupeiLab
14.3.7 APL
14.3.8 Bibby-Stuart
14.3.9 CAT
14.3.10 Fried Electric
14.3.11 JRY
14.3.12 SPS
14.3.13 Labtech
14.3.14 IKA
14.3.15 Harry Gestigkeit
14.3.16 CIF
14.3.17 WIGGENS
