Press release
North America to Dominate Global Heating Cable Market Through 2030
Changing climatic conditions is a major concern for humanity, and countries in the North American region have faced a cold wave in recent years. Households in colder regions have started using heating cables for under-floor heating, roof heating, and snow melting, rather than depending on traditional heat pumps and central heat furnaces.For detailed insights on enhancing your product footprint, request for a sample here - https://www.factmr.com/connectus/sample?flag=S&rep_id=730&utm_source=openpr&utm_medium=Prasad
Fact.MR has recently published a detailed report along with the dynamics on the global heating cable market. According to the published report, the market is expected to surpass 2 Bn in 2030, experiencing a steady growth rate of close to 6% CAGR over the forecast period.
Key Takeaways from Heating Cable Market Study
• The heating cable market is anticipated to add 1.7X value by 2030 as compared to 2020.
• Constant electric power heating cables capture a major chunk of the market, which is more than 50% of global demand, and are set to create US$ 500 Mn opportunity by 2030.
For critical insights on this market, request for methodology here - https://www.factmr.com/connectus/sample?flag=RM&rep_id=730&utm_source=openpr&utm_medium=Prasad
• Commercial use is the fastest-growing segment, owing to rise in the number of industries across regions, holding a market share of over 85%.
• North America is set to dominate market revenue in 2020, and is expected to gain 161 BPS by 2030 over 2020.
• The heating cable market in East Asia is expected to experience an impressive growth rate of more than 7% during 2020-2030.
• Aluminum heating cables will account for two-third marker share over the next ten years.
• Through 2030, the market in the U.S. is projected to expand at a CAGR of close to 7%, while that in Germany and the U.K. at over 6% and over 7%, respectively.
• Demand for heating cables is set to grow in China at a CAGR of close to 8% through 2030.
Key Segments of Heating Cable Market
Product Type
• Constant Electric Power
• Constant Wattage
• Self-Regulating
For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/730?utm_source=openpr&utm_medium=Prasad
Maximum Temperature (F)
• Below 100
• 100 – 150
• 150 – 200
• Above 200
Market Moving towards Consolidation
As the heating cable market is fragmented with a number of players, key players are operating strategically and acquiring companies to increase their consumer base and mark their presence in the global market.
Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2020/03/30/2008433/0/en/Demand-for-Waterjet-Cutting-Machines-Majorly-Upheld-by-Automotive-and-Mining-Propelling-Abrasive-Machines-to-Reign-Supremacy-Says-Fact-MR.html
However, increasing number of acquisitions and partnerships among players will increase spending on research and development. Players will come up with newer technology integration in heating cables, providing improved performance, which will surge demand over the forecasted time period.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com
Content Source: https://www.factmr.com/media-release/1824/aluminum-heating-cables-market
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release North America to Dominate Global Heating Cable Market Through 2030 here
News-ID: 2340274 • Views: …
More Releases from Fact.MR
2036 Global Freeze-dried Pea Isolates Market Intelligence Report: Technology Shi …
The global freeze-dried pea isolates market is projected to witness robust expansion through the next decade as food manufacturers and consumers increasingly seek high-quality, plant-based protein ingredients that support clean-label products and sustainable nutrition. In 2025, the freeze-dried pea isolates market is valued at USD 1.1 billion, and it is expected to reach USD 2.8 billion by 2035, representing an absolute increase of USD 1.7 billion over the forecast period.…
Executive Report: Future of the Global High-concentrated Protein Market - Key Dr …
The global high-concentrated protein market is anticipated to record significant expansion over the next decade as consumer awareness of protein's nutritional benefits rises across food & beverage, Food supplements, sports nutrition, clinical nutrition, and animal feed sectors. Driven by trends toward healthy lifestyles, balanced diets, and functional food formulations, demand for concentrated protein ingredients is expected to further increase as individuals and manufacturers alike prioritise high-quality protein sources.
Industry analyses indicate…
Hydrogen Vehicles Market Forecast 2026-2036: Market Size, Share, Competitive Lan …
The global hydrogen vehicles market is projected to experience substantial growth over the next decade as manufacturers, governments, and consumers increase investments in zero-emission transportation technologies. In 2025, the hydrogen vehicles market is valued at USD 12.5 billion, and it is expected to reach USD 47.8 billion by 2035, reflecting an absolute increase of USD 35.3 billion over the forecast period. This expansion corresponds to a compound annual growth rate…
Motor Soft Starter Market Outlook 2026-2036: Strategic Trends, Innovation Driver …
The motor soft starter market is poised for significant growth over the next decade as industries seek to improve electric motor performance, reduce mechanical stress, and enhance energy efficiency in industrial operations. In 2025, the motor soft starter market is valued at USD 2.8 billion, and it is projected to reach USD 6.9 billion by 2035, representing an absolute increase of USD 4.1 billion over the forecast period. This growth…
More Releases for Unit
Global Transcutaneous Electrical Nerve Stimulation Unit Market, Transcutaneous E …
Global Transcutaneous Electrical Nerve Stimulation Unit Market Overview:
The Transcutaneous Electrical Nerve Stimulation Unit market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Transcutaneous Electrical Nerve Stimulation Unit market has experienced significant growth, driven by factors such as increasing consumer demand,…
Glycol Dehydration Unit Market Glycol Dehydration Unit Market 2028
Persistence Market Research delivers key insights on the global glycol dehydration unit market, in its report titled, 'Glycol Dehydration Unit Market: Global Industry Analysis 2013-2017 and Forecast 2018-2028'. Over the forecast years, the global glycol dehydration unit market is expected to show a positive outlook.
The market value is expected to increase at a healthy pace over the forecast period. Based on the glycol type segment, the triethylene glycol segment is…
Biodiesel Processing Unit
While reserves of petroleum are decreasing every passing day, energy consumption is increasing at 6.5% per annum. And for solving this issue many countries are implementing new policies for minimizing the usage of fossil fuels and increase the use of alternative sources like solar power and Biodiesel. Biodiesel is a diesel fuel substitute made from a variety of oils, fats, and greases which can become a cheaper alternative to fossil…
Jackfruit Processing Unit
The fruit processing sector has some undoubtedly potential Business Ideas, and Jackfruits processing is highly recommended because jackfruits are highly perishable tropical fruits, which helps in improving the immunity, replenishes the energy, cardiovascular health, regulates Blood Pressure, Digestion, treats the skin diseases, prevent/control asthma and many more awesome advantages of jackfruit consumption.
Rising demand for processed fruit product for secondary preparations, rising income, and resultant increased spending on food items is…
Pomegranate Processing unit
India is the second largest producer of Pomegranates in the world after Iran, still contributes only 5% pomegranate related international trades. India produces the finest edible Pomegranates, which are available almost throughout the year, which provides a tremendous potential for export of Pomegranate and its products from India.
Processing of the Pomegranates becomes essential in order to increase the utilization and reduce the wastage of the fruit. Pomegranates being rich in…
Coconut Processing Unit
Coconut is an important fruit in the Indian economy as the country is listed among the top Coconut producing countries in the world. The contribution of Coconut is about ₹27900 crore to India’s Gross Domestic Product (GDP).
Today's improved economic stability, spending power, nutritional requirements, and awareness are pushing consumers to shift their preferences.
Currently, Coconut water, Coconut milk/cream and Virgin Coconut Oil (VCO) are expected to be main growth drivers for…
