Market Overview:
The Global Heating Circulators 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 heating circulators in medical instruments, industrial manufacturing, food industry, and other applications. Additionally, the growing awareness about the benefits of using heating circulators is also contributing to market growth. Based on type, immersion circulators accounted for the majority share of the global heating circulator market in 2017. This can be attributed to their high efficiency and low cost as compared to other types of heating circulators.
Product Definition:
A heating circulator is a device used to circulate hot water or other heat-transfer fluids in heating and cooling systems. The importance of heating circulators is that they help maintain a consistent temperature throughout the system, which can improve the efficiency and performance of the system.
Immersion Circulators:
Immersion circulators are used to measure temperature or other physical parameters in liquids and gases. They work on the principle of immersion in liquid or gas medium. The device consists of a thermometer, which is inserted into the liquid or gas medium, and its measurement is indicated by the changing shape of a bulb at its base. Immersion circulators can be bifurcated into two categories: fixed-stem and portable-stem.
Bridge Mounted Circulators:
The bridge-mounted circulators are used in the heating circulators market. The heating circulator is a device that controls and monitors the flow of heat from one or more heat sources to an area, which is usually located at another location. It can be used for both residential and commercial purposes. For instance, it can be used to warm up a room before entering it or cool down rooms after spending some time in them.
Application Insights:
The industrial manufacturing segment held the largest share of over 30.0% in 2017 and is expected to witness significant growth over the forecast period. The application of heating circulators for process cooling and heat management in various industries including chemical, petrochemical, pharmaceuticals, food processing is anticipated to drive product demand over the next eight years.
The global rise in production of chemicals along with other industrial products such as pharmaceuticals and electronic components has led to an increased need for heat management solutions across numerous industries worldwide. This trend is projected to continue driving product demand during the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of industry players and well-established industrial sector. The region is expected to maintain its dominance over the forecast period as well due to factors such as growing demand for technologically advanced products, high standard of living, and increasing government initiatives.
Europe also held a significant share in terms of revenue generation owing to established manufacturing sectors across countries such as Germany, France, Italy, U.K., Spain among others which are highly automated and require precision instruments for production processes. Automation is one major trend witnessed across various industries including food & beverage; medical devices; textile & clothing; automotive among others that will have an impact on industry growth over next eight years or so (until 2030).
Growth Factors:
- Increasing demand for heating circulators in the biotechnology and pharmaceutical industries for process optimization and product development.
- Growing popularity of single-use systems in the life sciences sector is expected to boost the demand for heating circulators over the forecast period.
- Rising investments by research institutes and universities for advanced laboratory equipment is anticipated to propel the growth of global heating circulator market during forecast period.
- Technological advancements in heating circulators such as introduction of intelligent controls, programmable temperature profiles, and data logging capabilities are projected to fuel market growth over next few years. 5) Growing number of contract manufacturers catering to medical device industry is expected to create new opportunities for global heating circulator market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Heating Circulators Market Research Report
By Type
Immersion Circulators, Bridge Mounted Circulators, Open Circulators, Other
By Application
Medical Instruments, Industrial Manufacturing, Food Industry, Other
By Companies
Julabo, Huber, TACO INC, Xylem, Grant Instruments, Biolab Scientific, Pedrollo, Julabo
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Heating Circulators Market Report Segments:
The global Heating Circulators market is segmented on the basis of:
Types
Immersion Circulators, Bridge Mounted Circulators, Open Circulators, 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
Medical Instruments, Industrial Manufacturing, Food Industry, Other
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:
- Julabo
- Huber
- TACO INC
- Xylem
- Grant Instruments
- Biolab Scientific
- Pedrollo
- Julabo
Highlights of The Heating Circulators 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 Circulators
- Bridge Mounted Circulators
- Open Circulators
- Other
- By Application:
- Medical Instruments
- Industrial Manufacturing
- Food Industry
- Other
- 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 Heating Circulators 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?
Heating circulators are devices that circulate warm air in a room or building. They are often used to heat large spaces, such as an office building or a school.
Some of the major companies in the heating circulators market are Julabo, Huber, TACO INC, Xylem, Grant Instruments, Biolab Scientific, Pedrollo, Julabo.
The heating circulators 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 Heating Circulators 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 Heating Circulators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heating Circulators 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 Heating Circulators 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 Heating Circulators Market Size & Forecast, 2018-2028
4.5.1 Heating Circulators Market Size and Y-o-Y Growth
4.5.2 Heating Circulators Market Absolute $ Opportunity
Chapter 5 Global Heating Circulators 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 Heating Circulators Market Size Forecast by Type
5.2.1 Immersion Circulators
5.2.2 Bridge Mounted Circulators
5.2.3 Open Circulators
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Heating Circulators 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 Heating Circulators Market Size Forecast by Applications
6.2.1 Medical Instruments
6.2.2 Industrial Manufacturing
6.2.3 Food Industry
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heating Circulators 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 Heating Circulators 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 Heating Circulators Analysis and Forecast
9.1 Introduction
9.2 North America Heating Circulators 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 Heating Circulators Market Size Forecast by Type
9.6.1 Immersion Circulators
9.6.2 Bridge Mounted Circulators
9.6.3 Open Circulators
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 Heating Circulators Market Size Forecast by Applications
9.10.1 Medical Instruments
9.10.2 Industrial Manufacturing
9.10.3 Food Industry
9.10.4 Other
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 Heating Circulators Analysis and Forecast
10.1 Introduction
10.2 Europe Heating Circulators 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 Heating Circulators Market Size Forecast by Type
10.6.1 Immersion Circulators
10.6.2 Bridge Mounted Circulators
10.6.3 Open Circulators
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 Heating Circulators Market Size Forecast by Applications
10.10.1 Medical Instruments
10.10.2 Industrial Manufacturing
10.10.3 Food Industry
10.10.4 Other
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 Heating Circulators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Heating Circulators 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 Heating Circulators Market Size Forecast by Type
11.6.1 Immersion Circulators
11.6.2 Bridge Mounted Circulators
11.6.3 Open Circulators
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 Heating Circulators Market Size Forecast by Applications
11.10.1 Medical Instruments
11.10.2 Industrial Manufacturing
11.10.3 Food Industry
11.10.4 Other
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 Heating Circulators Analysis and Forecast
12.1 Introduction
12.2 Latin America Heating Circulators 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 Heating Circulators Market Size Forecast by Type
12.6.1 Immersion Circulators
12.6.2 Bridge Mounted Circulators
12.6.3 Open Circulators
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 Heating Circulators Market Size Forecast by Applications
12.10.1 Medical Instruments
12.10.2 Industrial Manufacturing
12.10.3 Food Industry
12.10.4 Other
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) Heating Circulators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Heating Circulators 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) Heating Circulators Market Size Forecast by Type
13.6.1 Immersion Circulators
13.6.2 Bridge Mounted Circulators
13.6.3 Open Circulators
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) Heating Circulators Market Size Forecast by Applications
13.10.1 Medical Instruments
13.10.2 Industrial Manufacturing
13.10.3 Food Industry
13.10.4 Other
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 Heating Circulators Market: Competitive Dashboard
14.2 Global Heating Circulators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Julabo
14.3.2 Huber
14.3.3 TACO INC
14.3.4 Xylem
14.3.5 Grant Instruments
14.3.6 Biolab Scientific
14.3.7 Pedrollo
14.3.8 Julabo
