Market Overview:
The global IR heaters market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for IR heaters from various end-use industries, such as chemical, food, and pharmaceutical industries. In addition, the growing demand for energy-efficient heating solutions is also contributing to the growth of this market. Based on type, the global IR heaters market can be segmented into short wave or near infrared (SWIR), medium infrared (MIR), and far infrared (FIR) segments. Among these segments, SWIR segment is expected to witness highest growth during the forecast period owing to its ability to provide instant heating solution with low power consumption as compared to other types of IR heaters. Based on application, the global IR heater market can be divided into chemical industry, food industry, pharmaceutical industry and other applications segments.
Product Definition:
IR Heaters are devices that emit infrared radiation. They are often used in industrial and commercial applications to heat objects or surfaces. IR Heaters can be more efficient than other forms of heating, such as electric heaters, because they direct the heat directly to the object being heated. This can save energy and reduce costs.
Short Wave or Near Infrared:
Short wave or near infrared is the part of the electromagnetic spectrum between the infrared and microwave parts of the light. The shorter wavelength means higher frequency, therefore short wave IR heaters have high power density. Near-infrared (NIR) radiation has wavelengths between 10-8 to 10-5 meters compared to visible light which has a wavelength of about 10-1 meters.
Medium Infrared:
The medium infrared region covers the range of 8 to 14 µm and its typical window is 10-12 µm. The IR heaters market usually operates in this range as it provides uniform heating with low noise characteristics. It has longer wave length compared to shortwave UV or visible light and can penetrate more tissue therefore causing less painful effects when used on skin.
Application Insights:
The chemical industry accounted for the largest share of over 30.0% in 2017. The growth can be attributed to the extensive usage of heaters in various processes, such as distillation, drying, and re-gasification. In addition, a large number of players operating within the global chemical industry have developed their presence across multiple regions by expanding their product portfolio and establishing strategic alliances with local companies operating in related industries. For instance; Infrared Technology Co., Ltd., a Chinese infrared heater manufacturer established partnerships with Mitsubishi Electric Corporation and ASE Electronics North America Inc., both based in U.S.
Regional Analysis:
The market in the Asia Pacific region is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing industrialization and rapid urbanization, especially in countries such as India, China, and Japan. These factors are anticipated to boost demand for energy-efficient heating solutions that would otherwise require large amounts of fossil fuels.
In addition, technological advancements coupled with growing awareness regarding health & safety standards are anticipated to drive product demand across various industries such as food processing & packaging (frozen foods), pharmaceuticals (medical devices), chemicals manufacturing (paints & coatings) among others.
The Middle East region accounted for a share of 7% in 2016 owing to high investments being made by governments across several sectors including healthcare and education among others which require heating equipment with long operating hours at low cost.
Growth Factors:
- Increasing demand from the end-use industries such as automotive, electrical and electronics, and chemical is expected to drive the IR Heaters market growth.
- Growing awareness about energy efficiency is projected to boost the IR Heaters market over the forecast period.
- Rising demand for miniaturized heaters for various applications is anticipated to fuel the IR Heaters market growth in near future.
- Technological advancements in heater designs are likely to create new opportunities for this market in coming years. 5) Growing popularity of infrared heating as an environmentally friendly heating solution is expected to propel the IR Heaters market growth during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
IR Heaters Market Research Report
By Type
Short Wave or Near Infrared, Medium Infrared, Far Infrared
By Application
Chemical Industry, Food Industry, Pharmaceutical Industry, Other
By Companies
Infrared Heating Technologies, Pyradia, Harmo Co., Ltd., Zirbus technology GmbH
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global IR Heaters Market Report Segments:
The global IR Heaters market is segmented on the basis of:
Types
Short Wave or Near Infrared, Medium Infrared, Far Infrared
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
Chemical Industry, Food Industry, Pharmaceutical 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:
- Infrared Heating Technologies
- Pyradia
- Harmo Co., Ltd.
- Zirbus technology GmbH
Highlights of The IR 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:
- Short Wave or Near Infrared
- Medium Infrared
- Far Infrared
- By Application:
- Chemical Industry
- Food Industry
- Pharmaceutical 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 IR 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.
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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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- 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?
IR Heaters are a type of heating device that uses infrared radiation to heat objects. They are often used in place of traditional electric or gas heaters, as they are more energy efficient and produce less noise.
Some of the major companies in the ir heaters market are Infrared Heating Technologies, Pyradia, Harmo Co., Ltd., Zirbus technology GmbH.
The ir heaters market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. IR Heaters 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. IR Heaters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. IR Heaters Market - Supply Chain
4.5. Global IR Heaters Market Forecast
4.5.1. IR Heaters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. IR Heaters Market Size (000 Units) and Y-o-Y Growth
4.5.3. IR Heaters Market Absolute $ Opportunity
5. Global IR Heaters 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. IR Heaters Market Size and Volume Forecast by Type
5.3.1. Short Wave or Near Infrared
5.3.2. Medium Infrared
5.3.3. Far Infrared
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global IR Heaters 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. IR Heaters Market Size and Volume Forecast by Application
6.3.1. Chemical Industry
6.3.2. Food Industry
6.3.3. Pharmaceutical Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global IR Heaters 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. IR Heaters 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 IR Heaters 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. IR Heaters 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 IR Heaters Demand Share Forecast, 2019-2026
9. North America IR Heaters 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 IR Heaters 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 IR Heaters Market Size and Volume Forecast by Application
9.4.1. Chemical Industry
9.4.2. Food Industry
9.4.3. Pharmaceutical Industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America IR Heaters Market Size and Volume Forecast by Type
9.7.1. Short Wave or Near Infrared
9.7.2. Medium Infrared
9.7.3. Far Infrared
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 IR Heaters Demand Share Forecast, 2019-2026
10. Latin America IR Heaters 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 IR Heaters 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 IR Heaters Market Size and Volume Forecast by Application
10.4.1. Chemical Industry
10.4.2. Food Industry
10.4.3. Pharmaceutical Industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America IR Heaters Market Size and Volume Forecast by Type
10.7.1. Short Wave or Near Infrared
10.7.2. Medium Infrared
10.7.3. Far Infrared
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 IR Heaters Demand Share Forecast, 2019-2026
11. Europe IR Heaters 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 IR Heaters 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 IR Heaters Market Size and Volume Forecast by Application
11.4.1. Chemical Industry
11.4.2. Food Industry
11.4.3. Pharmaceutical Industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe IR Heaters Market Size and Volume Forecast by Type
11.7.1. Short Wave or Near Infrared
11.7.2. Medium Infrared
11.7.3. Far Infrared
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Marke 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 IR Heaters Demand Share, 2019-2026
12. Asia Pacific IR Heaters 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 IR Heaters 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 IR Heaters Market Size and Volume Forecast by Application
12.4.1. Chemical Industry
12.4.2. Food Industry
12.4.3. Pharmaceutical Industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific IR Heaters Market Size and Volume Forecast by Type
12.7.1. Short Wave or Near Infrared
12.7.2. Medium Infrared
12.7.3. Far Infrared
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 IR Heaters Demand Share, 2019-2026
13. Middle East & Africa IR Heaters 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 IR Heaters 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 IR Heaters Market Size and Volume Forecast by Application
13.4.1. Chemical Industry
13.4.2. Food Industry
13.4.3. Pharmaceutical Industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa IR Heaters Market Size and Volume Forecast by Type
13.7.1. Short Wave or Near Infrared
13.7.2. Medium Infrared
13.7.3. Far Infrared
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 IR Heaters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global IR Heaters Market: Market Share Analysis
14.2. IR Heaters Distributors and Customers
14.3. IR Heaters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Infrared Heating Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pyradia
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Harmo Co., Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zirbus technology GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
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
