Market Overview:
The global electrical air heaters 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 electrical air heaters from commercial, residential, and industrial applications. Additionally, the growing awareness about energy-efficient heating solutions is also propelling the growth of this market. Based on type, immersion heaters are expected to lead the global electrical air heaters market during the forecast period. This can be attributed to their high efficiency and low installation cost as compared to other types of electric heating devices such as band or strip heaters.
Product Definition:
An electrical air heater is a device that uses electricity to generate heat, which is then transferred to the surrounding air. This type of heater can be used to heat a room or other space, and it may be more efficient than other types of heating systems.
Immersion Heaters:
Immersion heaters are used to raise the temperature of a liquid-based solution or a gas-based solution by bringing its temperature into contact with the surrounding water or air. These immersion heaters can be used in both electrical and non-electrical applications. They are also known as immersion circulators, immersion pumps, hot water circulation, etc.
Tubular Heaters:
Tubular heaters are used in electrical air heaters for heating the air inside the chamber. The basic function of these heaters is to transfer thermal energy from one place to another without any substantial loss of substance or energy. It is a type of closed-loop system, which makes it self-regulating and self-sustaining by recycling its own waste heat back into the environment.
Application Insights:
Commercial application segment dominated the global electrical air heaters market, accounting for over 60% of the overall revenue share in 2017. The commercial sector comprises hotels, restaurants and other food service industries among others. Increasing number of restaurants and food joints across countries such as China, India and U.S has led to increased product demand in this sector. In addition, rising construction activities of commercial spaces including hotels is expected to drive industry growth over the forecast period.
The residential application segment accounted for a significant share in 2017 owing to increasing adoption rate of energy efficient products by home owners across regions including North America and Europe among others.
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 growth in population, especially in China and India, which has led to an increase in demand for household appliances including refrigerators, washing machines and dishwashers. This trend is projected to continue over the next eight years owing to growing disposable income of consumers as well as increased purchasing power of households.
The European electrical air heaters market was valued at USD X million in 2017 owing to high product penetration rates coupled with rising consumer awareness regarding energy conservation practices resulting from increasing government regulations & standards pertaining towards energy efficiency across various industries including HVAC&R industry for maintaining comfortable temperature levels within a building or structure throughout the year without any additional expenditure on operating costs such as electricity bills or maintenance cost etc., thereby augmenting industry growth prospects over the forecast period.
Growth Factors:
- Increasing demand from the construction sector for electrical air heaters as a result of growing population and rapid urbanization.
- Rising demand for electrical air heaters in the commercial sector due to increasing number of offices, malls, and other commercial establishments.
- Growing popularity of electric vehicles which is expected to lead to increased demand for electrical air heaters in the automotive segment.
- Proliferation of internet-of-things (IoT) devices and increasing adoption of smart homes which is likely to boost the market growth for electrical air heaters over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical Air Heaters Market Research Report
By Type
Immersion Heaters, Tubular Heaters, Circulation Heaters, Band Heaters, Strip Heaters, Coil Heaters, Other
By Application
Commercial, Residential, Industrial
By Companies
Hotwatt, Watlow, Elmatic, Honeywell, Nolte, Ulanet, Friedr. Freek GmbH, Glo-Quartz Inc, Benchmark Thermal, CCI Thermal Technologies
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
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Electrical Air Heaters Market Report Segments:
The global Electrical Air Heaters market is segmented on the basis of:
Types
Immersion Heaters, Tubular Heaters, Circulation Heaters, Band Heaters, Strip Heaters, Coil Heaters, 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
Commercial, Residential, 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:
- Hotwatt
- Watlow
- Elmatic
- Honeywell
- Nolte
- Ulanet
- Friedr. Freek GmbH
- Glo-Quartz Inc
- Benchmark Thermal
- CCI Thermal Technologies
Highlights of The Electrical Air Heaters 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
- Other
- By Application:
- Commercial
- Residential
- 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 Electrical Air Heaters 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?
An electrical air heater is a device that uses electricity to heat air. They are often used in cold climates to heat homes or offices.
Some of the major players in the electrical air heaters market are Hotwatt, Watlow, Elmatic, Honeywell, Nolte, Ulanet, Friedr. Freek GmbH, Glo-Quartz Inc, Benchmark Thermal, CCI Thermal Technologies.
The electrical air heaters 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 Electrical Air Heaters 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 Electrical Air Heaters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrical Air Heaters 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 Electrical Air Heaters 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 Electrical Air Heaters Market Size & Forecast, 2018-2028
4.5.1 Electrical Air Heaters Market Size and Y-o-Y Growth
4.5.2 Electrical Air Heaters Market Absolute $ Opportunity
Chapter 5 Global Electrical Air Heaters 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 Electrical Air Heaters Market Size Forecast by Type
5.2.1 Immersion Heaters
5.2.2 Tubular Heaters
5.2.3 Circulation Heaters
5.2.4 Band Heaters
5.2.5 Strip Heaters
5.2.6 Coil Heaters
5.2.7 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electrical Air Heaters 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 Electrical Air Heaters Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrical Air Heaters 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 Electrical Air Heaters 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 Electrical Air Heaters Analysis and Forecast
9.1 Introduction
9.2 North America Electrical Air Heaters 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 Electrical Air Heaters Market Size Forecast by Type
9.6.1 Immersion Heaters
9.6.2 Tubular Heaters
9.6.3 Circulation Heaters
9.6.4 Band Heaters
9.6.5 Strip Heaters
9.6.6 Coil Heaters
9.6.7 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 Electrical Air Heaters Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
9.10.3 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 Electrical Air Heaters Analysis and Forecast
10.1 Introduction
10.2 Europe Electrical Air Heaters 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 Electrical Air Heaters Market Size Forecast by Type
10.6.1 Immersion Heaters
10.6.2 Tubular Heaters
10.6.3 Circulation Heaters
10.6.4 Band Heaters
10.6.5 Strip Heaters
10.6.6 Coil Heaters
10.6.7 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 Electrical Air Heaters Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
10.10.3 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 Electrical Air Heaters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electrical Air Heaters 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 Electrical Air Heaters Market Size Forecast by Type
11.6.1 Immersion Heaters
11.6.2 Tubular Heaters
11.6.3 Circulation Heaters
11.6.4 Band Heaters
11.6.5 Strip Heaters
11.6.6 Coil Heaters
11.6.7 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 Electrical Air Heaters Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
11.10.3 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 Electrical Air Heaters Analysis and Forecast
12.1 Introduction
12.2 Latin America Electrical Air Heaters 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 Electrical Air Heaters Market Size Forecast by Type
12.6.1 Immersion Heaters
12.6.2 Tubular Heaters
12.6.3 Circulation Heaters
12.6.4 Band Heaters
12.6.5 Strip Heaters
12.6.6 Coil Heaters
12.6.7 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 Electrical Air Heaters Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
12.10.3 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) Electrical Air Heaters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electrical Air Heaters 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) Electrical Air Heaters Market Size Forecast by Type
13.6.1 Immersion Heaters
13.6.2 Tubular Heaters
13.6.3 Circulation Heaters
13.6.4 Band Heaters
13.6.5 Strip Heaters
13.6.6 Coil Heaters
13.6.7 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) Electrical Air Heaters Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
13.10.3 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 Electrical Air Heaters Market: Competitive Dashboard
14.2 Global Electrical Air Heaters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hotwatt
14.3.2 Watlow
14.3.3 Elmatic
14.3.4 Honeywell
14.3.5 Nolte
14.3.6 Ulanet
14.3.7 Friedr. Freek GmbH
14.3.8 Glo-Quartz Inc
14.3.9 Benchmark Thermal
14.3.10 CCI Thermal Technologies
