The global thickfilm 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 electronic equipment, food and beverages, and other applications. In terms of type, the metals segment is expected to hold the largest share of the global thickfilm heaters market during the forecast period. This can be attributed to their high thermal conductivity and low manufacturing cost as compared to other types of materials used for manufacturing thickfilm heaters.
Thickfilm heaters are a type of heating element that is used to generate heat by passing an electric current through a resistive material. They are often used in industrial applications where there is a need for precise temperature control.
Metals are used in thickfilm heaters for various functions such as heating, cooling and protection. Metals provide high thermal conductivity, low emissivity and corrosion resistance to the product being heated. The metals used in thickfilm heaters include aluminum, copper alloys & stainless steel among others.
Ceramics are crystalline, inorganic and non-metals that are made from silica (SiO2) and alumina (Al2O3). They can be used as alternatives to metals or polymers for a wide range of applications. Ceramic materials have low thermal conductivity compared to metals; however, they allow heat transfer by radiation, convection or conduction.
Electronic equipment was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. The product has a wide range of uses in this sector, including consumer electronics, telecommunication devices, computers and other electronic products.
The food processing industry is expected to emerge as one of the fastest-growing segments over the forecast period owing to increasing demand for packaged food products across various regions. In addition, rising disposable income levels coupled with changing lifestyles have led people to consume more processed foods such as frozen meals and ready-to-eat convenient foods that use thick film heaters for heating purposes. This trend is likely to drive product demand in this segment over the coming years.
Asia Pacific was the largest regional 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 owing to high product demand from various end-use industries, such as electronic, food processing and others. Increasing foreign investments coupled with favorable government policies are projected to boost industry expansion over the coming years.
The electronics industry is one of the significant contributors towards GDPs across emerging economies including China, India and Indonesia. Growing consumer awareness regarding advanced technologies along with increasing disposable incomes has resulted in increased spending on household appliances including refrigerators, washing machines etc., which will further drive growth during the forecast period.
Latin America is anticipated to witness steady growth due to rising industrialization coupled with expanding end-user industries mainly automotive.
- Increasing demand for miniaturization in electronic devices
- Growing trend of energy-efficient and eco-friendly products
- Rising disposable income of consumers in developing countries
- Technological advancements in thickfilm heater technology
- Growing application areas for thickfilm heaters
Scope Of The Report
Thickfilm Heaters Market Research Report
Foods, Electronic Equipment, Armarium, Others
C-MAC, Ferro Techniek, Watlow, Panda PCB, Backer Facsa, Hugeworth, Thermo Heating Elements, Flexitech Avia, Minkvon, Noritake Co
North America, Europe, APAC, Latin America, MEA
2019 to 2020 (Data from 2010 can be provided as per availability)
Number of Pages
Number of Tables & Figures
Yes, the report can be customized as per your need.
Global Thickfilm Heaters Market Report Segments:
The global Thickfilm Heaters market is segmented on the basis of:
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.
Foods, Electronic Equipment, Armarium, 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:
- Ferro Techniek
- Panda PCB
- Backer Facsa
- Thermo Heating Elements
- Flexitech Avia
- Noritake Co
Highlights of The Thickfilm 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:
- By Application:
- Electronic Equipment
- 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 Thickfilm 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.
- North America
- 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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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?
Thickfilm heaters are a type of electric heater that use a film to generate heat. The film is made up of small, thin pieces of metal that are heated by an electric current. This heating process causes the metal to expand, which in turn creates heat.
Some of the key players operating in the thickfilm heaters market are C-MAC, Ferro Techniek, Watlow, Panda PCB, Backer Facsa, Hugeworth, Thermo Heating Elements, Flexitech Avia, Minkvon, Noritake Co.
The thickfilm 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 Thickfilm 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 Thickfilm Heaters Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Thickfilm 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 Thickfilm 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 Thickfilm Heaters Market Size & Forecast, 2020-2028 4.5.1 Thickfilm Heaters Market Size and Y-o-Y Growth 4.5.2 Thickfilm Heaters Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
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
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
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
6.2.2 Electronic Equipment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thickfilm Heaters Market Analysis and Forecast by Region
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 Thickfilm Heaters Market Size Forecast by Region
7.2.1 North America
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
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.2 North America Market Size Forecast by Country
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
9.7 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
9.10.2 Electronic Equipment
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
10.2 Europe Market Size Forecast by Country
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
10.7 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
10.10.2 Electronic Equipment
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
11.2 Asia Pacific Market Size Forecast by Country
11.2.3 South Korea
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
11.7 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
11.10.2 Electronic Equipment
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
12.2 Latin America Market Size Forecast by Country
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
12.7 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
12.10.2 Electronic Equipment
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
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
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
13.7 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
13.10.2 Electronic Equipment
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 Thickfilm Heaters Market: Competitive Dashboard
14.2 Global Thickfilm Heaters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.2 Ferro Techniek
14.3.4 Panda PCB
14.3.5 Backer Facsa
14.3.7 Thermo Heating Elements
14.3.8 Flexitech Avia
14.3.10 Noritake Co