Industrial electric heating element is a heating device converts electricity into heat through the process of resistive or Joule heating. Electric current passing through the element encounters resistance, resulting in heating of the element. Unlike the Peltier effect, this process is independent of the direction of current flow. In this report, Industrial electric heating element refers to heaters used in industrial environments, which are different from commercial heaters, such as household appliances. According to our (Global Info Research) latest study, the global Industrial Electric Heating Element market size was valued at USD 3001 million in 2022 and is forecast to a readjusted size of USD 3789.3 million by 2029 with a CAGR of 3.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Asia -Pacific is the largest consumption region of Industrial Electric Heating Element, with a consumption market share nearly 50%, The second place is Europe, following Asia -Pacific with the consumption market share over 23%. The key players are NIBE, Zoppas Industries, Watlow (Tinicum), Spirax-Sarco Engineering plc and Thermon etc. Top 5 companies occupied about 26% market share. This report is a detailed and comprehensive analysis for global Industrial Electric Heating Element market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global Industrial Electric Heating Element market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2018-2029 Global Industrial Electric Heating Element market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2018-2029 Global Industrial Electric Heating Element market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2018-2029 Global Industrial Electric Heating Element market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (USD/Unit), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Industrial Electric Heating Element To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Industrial Electric Heating Element market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include NIBE, Zoppas Industries, Watlow (Tinicum), Spirax-Sarco Engineering plc and Thermon, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market Segmentation Industrial Electric Heating Element market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Type Immersion Heaters Tubular Heaters Circulation Heaters Band Heaters Strip Heaters Coil Heaters Flexible Heaters Others Market segment by Application Chemical & Plastics Industry Pharmaceutical Industry Others Major players covered NIBE Zoppas Industries Watlow (Tinicum) Spirax-Sarco Engineering plc Thermon Thermowatt (Ariston Thermo) Tempco Electric Heater Corporation Hotset GmbH Durex Industries Tutco Indeeco Holroyd Components Ltd Friedr. Freek GmbH Minco Products, Inc. Industrial Heater Corporation OMEGA(Spectris plc) Wattco Thermal Corporation Market segment by region, regional analysis covers North America (United States, Canada and Mexico) Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia) South America (Brazil, Argentina, Colombia, and Rest of South America) Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa) The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Industrial Electric Heating Element product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top manufacturers of Industrial Electric Heating Element, with price, sales, revenue and global market share of Industrial Electric Heating Element from 2018 to 2023. Chapter 3, the Industrial Electric Heating Element competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Industrial Electric Heating Element breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029. Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029. Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Industrial Electric Heating Element market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029. Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War. Chapter 13, the key raw materials and key suppliers, and industry chain of Industrial Electric Heating Element. Chapter 14 and 15, to describe Industrial Electric Heating Element sales channel, distributors, customers, research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of Industrial Electric Heating Element 1.2 Market Estimation Caveats and Base Year 1.3 Market Analysis by Type 1.3.1 Overview: Global Industrial Electric Heating Element Consumption Value by Type: 2018 Versus 2022 Versus 2029 1.3.2 Immersion Heaters 1.3.3 Tubular Heaters 1.3.4 Circulation Heaters 1
