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Electric Heating Cable Systems Market, Global Outlook and Forecast 2023-2029

An electric heating cable is a wire cable that produces heat, also referred to as heat trace cable amongst the industry. It is used for a wide range of applications including heat loss replacement, pipe tracing, freeze protection, viscosity control, temperature process maintenance, roof and gutter, and much more. In this report, it mainly focuses on the industrial applications. This report aims to provide a comprehensive presentation of the global market for Electric Heating Cable Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Heating Cable Systems. This report contains market size and forecasts of Electric Heating Cable Systems in global, including the following market information: Global Electric Heating Cable Systems Market Revenue, 2018-2023, 2024-2029, ($ millions) Global Electric Heating Cable Systems Market Sales, 2018-2023, 2024-2029, (K Meters) Global top five Electric Heating Cable Systems companies in 2022 (%) The global Electric Heating Cable Systems market was valued at US$ 2468 million in 2022 and is projected to reach US$ 3379.8 million by 2029, at a CAGR of 4.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Electric heating cable is mainly classified into four types: self-regulating, constant wattage, mineral insulated and skin-effect heating cable. And self-regulating heating cable is the most widely used type which takes up about 58% of the global total in 2019. Europe is the largest consumption country of Electric heating cable in the world in the past few years and it will keep the same position in the next few years. Europe market took up about 36% the global market in 2019, followed by North America with the share about 31%. China, North America, Germany, Russia are now the key producers of electric heating cables. There are many producers with low price, poor quality products and vicious competition in China. The high quality products are mainly supplied by overseas producers. Other key factories of electric heating cable are from Korea, France, UK, Canada, etc. Raychem, SST, Anhui Huanrui, Thermon, Bartec, Wuhu Jiahong, Emerson, Anbang, Eltherm, Heat Trace Products, Anhui Huayang and Chromalox are the key producers in the global electric heating cable market. Top 5 took up about 44.24% of the global sales in 2019. Raychem, SST, Thermon, which have leading technology and market position, are well known suppliers around the world, and Anhui Huanrui, Wuhu Jiahong, Anbang, Anhui Huayang are the leading supplier in China with the total local share of about 50%. Raychem is the largest supplier of electric heating cable with a global share of about 15%. SST is the second largest supplier of electric heating cable in the world and the largest in Europe, it took about 9% of the global total market. Other key suppliers are Raychem, Anhui Huanrui, Thermon, Bartec, Wuhu Jiahong, Emerson, Eltherm, etc. MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electric Heating Cable Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment: Global Electric Heating Cable Systems Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Meters) Global Electric Heating Cable Systems Market Segment Percentages, by Type, 2022 (%) Self-Regulating Electric Heating Cable Constant Wattage Electric Heating Cable Mineral Insulated Electric Heating Cable Skin-Effect Electric Heating Cable Global Electric Heating Cable Systems Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Meters) Global Electric Heating Cable Systems Market Segment Percentages, by Application, 2022 (%) Industrial Residential Commercial Global Electric Heating Cable Systems Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Meters) Global Electric Heating Cable Systems Market Segment Percentages, By Region and Country, 2022 (%) North America US Canada Mexico Europe Germany France U.K. Italy Russia Nordic Countries Benelux Rest of Europe Asia China Japan South Korea Southeast Asia India Rest of Asia South America Brazil Argentina Rest of South America Middle East & Africa Turkey Israel Saudi Arabia UAE Rest of Middle East & Africa Competitor Analysis The report also provides analysis of leading market participants including: Key companies Electric Heating Cable Systems revenues in global market, 2018-2023 (Estimated), ($ millions) Key companies Electric Heating Cable Systems revenues share in global market, 2022 (%) Key companies Electric Heating Cable Systems sales in global market, 2018-2023 (Estimated), (K Meters) Key companies Electric Heating Cable Systems sales share in global market, 2022 (%) Further, the report presents profiles of competitors in the market, key players include: Raychem SST Anhui Huanrui Thermon Bartec Wuhu Jiahong Emerson Anbang Eltherm Heat Trace Products Anhui Huayang Chromalox Isopad King Manufacturing Flexelec Garnisch FINE Unichem SunTouch Urecon Thermopads Outline of Major Chapters: Chapter 1: Introduces the definition of Electric Heating Cable Systems, market overview. Chapter 2: Global Electric Heating Cable Systems market size in revenue and volume. Chapter 3: Detailed analysis of Electric Heating Cable Systems manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 6: Sales of Electric Heating Cable Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world. Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter 8: Global Electric Heating Cable Systems capacity by region & country. Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry. Chapter 11: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports 1.1 Electric Heating Cable Systems Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Electric Heating Cable Systems Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research
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About this Report
Report ID 1406464
Category
  • Energy
Published on 16-Jan
Number of Pages 123
Publisher Name Market Monitor Global
Editor Rating
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