Press release
Global Industrial Electric Heating Element Market Expected to Witness Rapid Expansion by the End 2025- Global Key Growing Industries: Chromalox, Tempco Electric Heating Element Corporation, Tutco Heating Solutions Group, Minco, OMEGA, Indeeco, NIBE, Durex
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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.
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 Industrial Electric Heating Element market was valued at 1630 Million US$ in 2017 and is projected to reach 2370 Million US$ by 2025, at a CAGR of 4.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Industrial Electric Heating Element.
This report presents the worldwide Industrial Electric Heating Element market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Watlow
Chromalox
Tempco Electric Heating Element Corporation
Tutco Heating Solutions Group
Minco
OMEGA
Indeeco
NIBE
Durex Industries
Industrial Heater Corporation
Delta MFG
Wattco
Industrial Electric Heating Element Breakdown Data by Type
Immersion Heaters
Tubular Heaters
Circulation Heaters
Band Heaters
Strip Heaters
Coil Heaters
Flexible Heaters
Industrial Electric Heating Element Breakdown Data by Application
Chemical & Plastics Industry
Oil & Gas
Building Construction
Pharmaceutical Industry
Food Industry
Industrial Electric Heating Element Production by Region
United States
Europe
China
Japan
Other Regions
Industrial Electric Heating Element Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Industrial Electric Heating Element status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Industrial Electric Heating Element manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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Table of Contents
1 Study Coverage
1.1 Industrial Electric Heating Element Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Industrial Electric Heating Element Market Size Growth Rate by Type
1.4.2 Immersion Heaters
1.4.3 Tubular Heaters
1.4.4 Circulation Heaters
1.4.5 Band Heaters
1.4.6 Strip Heaters
1.4.7 Coil Heaters
1.4.8 Flexible Heaters
1.5 Market by Application
1.5.1 Global Industrial Electric Heating Element Market Size Growth Rate by Application
1.5.2 Chemical & Plastics Industry
1.5.3 Oil & Gas
1.5.4 Building Construction
1.5.5 Pharmaceutical Industry
1.5.6 Food Industry
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Industrial Electric Heating Element Market Size
2.1.1 Global Industrial Electric Heating Element Revenue 2013-2025
2.1.2 Global Industrial Electric Heating Element Production 2013-2025
2.2 Industrial Electric Heating Element Growth Rate (CAGR) 2018-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key Industrial Electric Heating Element Manufacturers
2.3.2.1 Industrial Electric Heating Element Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Industrial Electric Heating Element Product Offered
2.3.2.3 Date of Manufacturers Enter into Industrial Electric Heating Element Market
2.4 Key Trends for Industrial Electric Heating Element Markets & Products
3 Market Size by Manufacturers
3.1 Industrial Electric Heating Element Production by Manufacturers
3.1.1 Industrial Electric Heating Element Production by Manufacturers
3.1.2 Industrial Electric Heating Element Production Market Share by Manufacturers
3.2 Industrial Electric Heating Element Revenue by Manufacturers
3.2.1 Industrial Electric Heating Element Revenue by Manufacturers (2013-2018)
3.2.2 Industrial Electric Heating Element Revenue Share by Manufacturers (2013-2018)
3.3 Industrial Electric Heating Element Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
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