Press release
Immersion Heater Market Size, Share, Development by 2025
This report focuses on the key global Immersion Heater players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
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Immersion heaters are used to heat many liquid substances like water, oil, chemicals and even to stabilize gas within their tanks. They are used in many industries within different liquid storing tanks, during the processing of pipes and in pressurizing the storing containers. This product is made in such a way so as to withstand almost any environment and you can make use of it either in a pure water tank or under any acidic medium.
From the view of region, North America have a larger market share in 2018 which account for 34.23% and will witness a slightly decrease of share in following years. Asia-Pacific hold a market share of 30.82% and will still play an important role which cannot be ignored. Any changes from Europe, which share a 28.46% market share in 2018, might affect the development trend of Immersion Heater.
The Immersion Heater market was valued at 590.9 Million US$ in 2018 and is projected to reach 791.4 Million US$ by 2025, at a CAGR of 4.3% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Immersion Heater.
Market Segment by Manufacturers, this report covers
NIBE
Thermon
Zhenjiang Dongfang Electric Heating Technology
OMEGA Engineering (Spectris)
Watlow
Chromalox
Hotset GmbH
Friedr. Freek GmbH
Zoppas Industries
Thermowatt
Tutco Heating Solutions Group
Tempco Electric Heating Element Corporation
Headway Electric Heat Components CO.,LTD
Warren Electric Corporation
Durex Industries
Sanbra Fyffe Limited
WATTCO
Market Segment by Type, covers
Over-the-Side Immersion Heater
Flanged Immersion Heater
Screw Plug Immersion Heater
Others
Market Segment by Applications, can be divided into
Home Appliance
Industrial Appliance
Others
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Related Information:
North America Immersion Heater Market Growth 2019-2025
United States Immersion Heater Market Growth 2019-2025
Asia-Pacific Immersion Heater Market Growth 2019-2025
Europe Immersion Heater Market Growth 2019-2025
EMEA Immersion Heater Market Growth 2019-2025
Global Immersion Heater Market Growth 2019-2025
China Immersion Heater Market Growth 2019-2025
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