Press release
Industrial Electric Heating Element Market will reach 2190 million US$ in 2023
This report studies the industrial electric heating element market, a heating element 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.
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Global Industrial Electric Heating Element Market: Forecast by Type / Application / Region
Currently, there are many manufacturers companies in the world. The main market players are Watlow, Chromalox, Tempco Industrial Electric Heating Element Corporation,,Tutco Heating Solutions Group, Minco, OMEGA, Indeeco, NIBE, Durex Industries, Industrial Heater Corporation, Delta MFG, Wattco so on. United States sales value of Industrial Electric Heating Element is about 1626.86 Million USD in 2017.
There are seven kinds of Electric Heating Element, which are including Immersion Heaters, Tubular Heaters Circulation Heaters, Band Heaters, Strip Heaters, Coil Heaters and Flexible Heaters. Flexible Heaters is important in the Electric Heating Element, with a 38.08% consumption revenue market share nearly in 2017.
The worldwide market for Industrial Electric Heating Element is expected to grow at a CAGR of roughly 5.1% over the next five years, will reach 2190 million US$ in 2023, from 1630 million US$ in 2017, according to a new GIR (Global Info Research) study.
Global Nonferrous Metal Recycling Market:Key Players
Watlow
Chromalox
Tempco Electric Heating Element Corporation
Tutco Heating Solutions Group
Minco
OMEGA
Indeeco
NIBE
Durex Industries
Industrial Heater Corporation
Delta MFG
Wattco
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Related Information:
United States Industrial Electric Heating Element Market 2018 Forecast to 2023
Europe Industrial Electric Heating Element Market 2018 Forecast to 2023
North America Industrial Electric Heating Element Market 2018 Forecast to 2023
Asia-Pacific Industrial Electric Heating Element Market 2018 Forecast to 2023
China Industrial Electric Heating Element Market 2018 Forecast to 2023
EMEA Industrial Electric Heating Element Market 2018 Forecast to 2023
Global Industrial Electric Heating Element Market 2018 Forecast to 2023
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