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Global Electric Heater Market Research Report 2024
Synopsis
A typical Electric Heater is usually a coil, ribbon (straight or corrugated), or strip of wire that gives off heat much like a lamp filament. When an electric current flows through it, it glows red hot and converts the electrical energy passing through it into heat, which it radiates out in all directions.
The global Electric Heater market was valued at US$ 8384 million in 2023 and is anticipated to reach US$ 10840 million by 2030, witnessing a CAGR of 3.7% during the forecast period 2024-2030.
The major players in global Electric Heater market include Zoppas Industries, NIBE, Watlow (Tinicum), etc. The top 3 players occupy over 30% shares of the global market. Asia Pacific and Europe are main markets, they occupy about 60% of the global market. Flexible Heaters is the main type, with a share about 30%. Appliances is the main application, which holds a share about 50%.
This report aims to provide a comprehensive presentation of the global market for Electric Heater, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Heater.
Report Scope
The Electric Heater market size, estimations, and forecasts are provided in terms of sales volume (M Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Heater market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Heater manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Zoppas Industries
NIBE
Watlow (Tinicum)
Zhenjiang Dongfang Electric Heating Technology
Spirax-Sarco Engineering plc
Tutco
Thermon
Thermowatt (Ariston Thermo)
Tempco Electric Heater Corporation
Minco Products, Inc.
Hotset GmbH
Headway Electric Heat Components
Honeywell
OMEGA(Spectris plc)
Holroyd Components Ltd
Durex Industries
Thermal Corporation
Friedr. Freek GmbH
Wattco
Segment by Type
Immersion Heaters
Tubular Heaters
Circulation Heaters
Band Heaters
Strip Heaters
Coil Heaters
Flexible Heaters
Others
Segment by Application
Chemical & Plastics Industry
Pharmaceutical Industry
Transportation
Appliances
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Heater manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Electric Heater in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
A typical Electric Heater is usually a coil, ribbon (straight or corrugated), or strip of wire that gives off heat much like a lamp filament. When an electric current flows through it, it glows red hot and converts the electrical energy passing through it into heat, which it radiates out in all directions.
The global Electric Heater market was valued at US$ 8384 million in 2023 and is anticipated to reach US$ 10840 million by 2030, witnessing a CAGR of 3.7% during the forecast period 2024-2030.
The major players in global Electric Heater market include Zoppas Industries, NIBE, Watlow (Tinicum), etc. The top 3 players occupy over 30% shares of the global market. Asia Pacific and Europe are main markets, they occupy about 60% of the global market. Flexible Heaters is the main type, with a share about 30%. Appliances is the main application, which holds a share about 50%.
This report aims to provide a comprehensive presentation of the global market for Electric Heater, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Heater.
Report Scope
The Electric Heater market size, estimations, and forecasts are provided in terms of sales volume (M Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Heater market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Heater manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Zoppas Industries
NIBE
Watlow (Tinicum)
Zhenjiang Dongfang Electric Heating Technology
Spirax-Sarco Engineering plc
Tutco
Thermon
Thermowatt (Ariston Thermo)
Tempco Electric Heater Corporation
Minco Products, Inc.
Hotset GmbH
Headway Electric Heat Components
Honeywell
OMEGA(Spectris plc)
Holroyd Components Ltd
Durex Industries
Thermal Corporation
Friedr. Freek GmbH
Wattco
Segment by Type
Immersion Heaters
Tubular Heaters
Circulation Heaters
Band Heaters
Strip Heaters
Coil Heaters
Flexible Heaters
Others
Segment by Application
Chemical & Plastics Industry
Pharmaceutical Industry
Transportation
Appliances
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Heater manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Electric Heater in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Index1 Electric Heater Market Overview
1.1 Product Overview and Scope of Electric Heater
1.2 Electric Heater Segment by Type
1.2.1 Global Electric Heater Market Value Comparison by Type (2024-2030)
1.2.2 Immersion Heaters
1.2.3 Tubular Heaters
1.2.4 Circulation Heaters
1.2.5 Band Heaters
1.2.6 Strip Heaters
1.2.7 Coil Heaters
1.2.8 Flexible Heaters
1.2.9 Others
1.3 Electric Heater Segment by Application
1.3.1 Global Electric Heater Market Value by Application: (2024-2030)
1.3.2 Chemical & Plastics Industry
1.3.3 Pharmaceutical Industry
1.3.4 Transportation
1.3.5 Appliances
1.3.6 Others
1.4 Global Electric Heater Market Size Estimates and Forecasts
1.4.1 Global Electric Heater Revenue 2019-2030
1.4.2 Global Electric Heater Sales 2019-2030
1.4.3 Global Electric Heater Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Electric Heater Market Competition by Manufacturers
2.1 Global Electric Heater Sales Market Share by Manufacturers (2019-2024)
2.2 Global Electric Heater Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Electric Heater Average Price by Manufacturers (2019-2024)
2.4 Global Electric Heater Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Electric Heater, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Electric Heater, Product Type & Application
2.7 Electric Heater Market Competitive Situation and Trends
2.7.1 Electric Heater Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Electric Heater Players Market Share by Revenue
2.7.3 Global Electric Heater Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Electric Heater Retrospective Market Scenario by Region
3.1 Global Electric Heater Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Electric Heater Global Electric Heater Sales by Region: 2019-2030
3.2.1 Global Electric Heater Sales by Region: 2019-2024
3.2.2 Global Electric Heater Sales by Region: 2025-2030
3.3 Global Electric Heater Global Electric Heater Revenue by Region: 2019-2030
3.3.1 Global Electric Heater Revenue by Region: 2019-2024
3.3.2 Global Electric Heater Revenue by Region: 2025-2030
3.4 North America Electric Heater Market Facts & Figures by Country
3.4.1 North America Electric Heater Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Electric Heater Sales by Country (2019-2030)
3.4.3 North America Electric Heater Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Electric Heater Market Facts & Figures by Country
3.5.1 Europe Electric Heater Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Electric Heater Sales by Country (2019-2030)
3.5.3 Europe Electric Heater Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Electric Heater Market Facts & Figures by Country
3.6.1 Asia Pacific Electric Heater Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Electric Heater Sales by Country (2019-2030)
3.6.3 Asia Pacific Electric Heater Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 China Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.7 Latin America Electric Heater Market Facts & Figures by Country
3.7.1 Latin America Electric Heater Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Electric Heater Sales by Country (2019-2030)
3.7.3 Latin America Electric Heater Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Electric Heater Market Facts & Figures by Country
3.8.1 Middle East and Africa Electric Heater Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Electric Heater Sales by Country (2019-2030)
3.8.3 Middle East and Africa Electric Heater Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Electric Heater Sales by Type (2019-2030)
4.1.1 Global Electric Heater Sales by Type (2019-2024)
4.1.2 Global Electric Heater Sales by Type (2025-2030)
4.1.3 Global Electric Heater Sales Market Share by Type (2019-2030)
4.2 Global Electric Heater Revenue by Type (2019-2030)
4.2.1 Global Electric Heater Revenue by Type (2019-2024)
4.2.2 Global Electric Heater Revenue by Type (2025-2030)
4.2.3 Global Electric Heater Revenue Market Share by Type (2019-2030)
4.3 Global Electric Heater Price by Type (2019-2030)
5 Segment by Application
5.1 Global Electric Heater Sales by Application (2019-2030)
5.1.1 Global Electric Heater Sales by Application (2019-2024)
5.1.2 Global Electric Heater Sales by Application (2025-2030)
5.1.3 Global Electric Heater Sales Market Share by Application (2019-2030)
5.2 Global Electric Heater Revenue by Application (2019-2030)
5.2.1 Global Electric Heater Revenue by Application (2019-2024)
5.2.2 Global Electric Heater Revenue by Application (2025-2030)
5.2.3 Global Electric Heater Revenue Market Share by Application (2019-2030)
5.3 Global Electric Heater Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Zoppas Industries
6.1.1 Zoppas Industries Corporation Information
6.1.2 Zoppas Industries Description and Business Overview
6.1.3 Zoppas Industries Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Zoppas Industries Electric Heater Product Portfolio
6.1.5 Zoppas Industries Recent Developments/Updates
6.2 NIBE
6.2.1 NIBE Corporation Information
6.2.2 NIBE Description and Business Overview
6.2.3 NIBE Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.2.4 NIBE Electric Heater Product Portfolio
6.2.5 NIBE Recent Developments/Updates
6.3 Watlow (Tinicum)
6.3.1 Watlow (Tinicum) Corporation Information
6.3.2 Watlow (Tinicum) Description and Business Overview
6.3.3 Watlow (Tinicum) Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Watlow (Tinicum) Electric Heater Product Portfolio
6.3.5 Watlow (Tinicum) Recent Developments/Updates
6.4 Zhenjiang Dongfang Electric Heating Technology
6.4.1 Zhenjiang Dongfang Electric Heating Technology Corporation Information
6.4.2 Zhenjiang Dongfang Electric Heating Technology Description and Business Overview
6.4.3 Zhenjiang Dongfang Electric Heating Technology Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Zhenjiang Dongfang Electric Heating Technology Electric Heater Product Portfolio
6.4.5 Zhenjiang Dongfang Electric Heating Technology Recent Developments/Updates
6.5 Spirax-Sarco Engineering plc
6.5.1 Spirax-Sarco Engineering plc Corporation Information
6.5.2 Spirax-Sarco Engineering plc Description and Business Overview
6.5.3 Spirax-Sarco Engineering plc Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Spirax-Sarco Engineering plc Electric Heater Product Portfolio
6.5.5 Spirax-Sarco Engineering plc Recent Developments/Updates
6.6 Tutco
6.6.1 Tutco Corporation Information
6.6.2 Tutco Description and Business Overview
6.6.3 Tutco Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Tutco Electric Heater Product Portfolio
6.6.5 Tutco Recent Developments/Updates
6.7 Thermon
6.6.1 Thermon Corporation Information
6.6.2 Thermon Description and Business Overview
6.6.3 Thermon Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Thermon Electric Heater Product Portfolio
6.7.5 Thermon Recent Developments/Updates
6.8 Thermowatt (Ariston Thermo)
6.8.1 Thermowatt (Ariston Thermo) Corporation Information
6.8.2 Thermowatt (Ariston Thermo) Description and Business Overview
6.8.3 Thermowatt (Ariston Thermo) Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Thermowatt (Ariston Thermo) Electric Heater Product Portfolio
6.8.5 Thermowatt (Ariston Thermo) Recent Developments/Updates
6.9 Tempco Electric Heater Corporation
6.9.1 Tempco Electric Heater Corporation Corporation Information
6.9.2 Tempco Electric Heater Corporation Description and Business Overview
6.9.3 Tempco Electric Heater Corporation Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Tempco Electric Heater Corporation Electric Heater Product Portfolio
6.9.5 Tempco Electric Heater Corporation Recent Developments/Updates
6.10 Minco Products, Inc.
6.10.1 Minco Products, Inc. Corporation Information
6.10.2 Minco Products, Inc. Description and Business Overview
6.10.3 Minco Products, Inc. Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Minco Products, Inc. Electric Heater Product Portfolio
6.10.5 Minco Products, Inc. Recent Developments/Updates
6.11 Hotset GmbH
6.11.1 Hotset GmbH Corporation Information
6.11.2 Hotset GmbH Electric Heater Description and Business Overview
6.11.3 Hotset GmbH Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Hotset GmbH Electric Heater Product Portfolio
6.11.5 Hotset GmbH Recent Developments/Updates
6.12 Headway Electric Heat Components
6.12.1 Headway Electric Heat Components Corporation Information
6.12.2 Headway Electric Heat Components Electric Heater Description and Business Overview
6.12.3 Headway Electric Heat Components Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Headway Electric Heat Components Electric Heater Product Portfolio
6.12.5 Headway Electric Heat Components Recent Developments/Updates
6.13 Honeywell
6.13.1 Honeywell Corporation Information
6.13.2 Honeywell Electric Heater Description and Business Overview
6.13.3 Honeywell Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Honeywell Electric Heater Product Portfolio
6.13.5 Honeywell Recent Developments/Updates
6.14 OMEGA(Spectris plc)
6.14.1 OMEGA(Spectris plc) Corporation Information
6.14.2 OMEGA(Spectris plc) Electric Heater Description and Business Overview
6.14.3 OMEGA(Spectris plc) Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.14.4 OMEGA(Spectris plc) Electric Heater Product Portfolio
6.14.5 OMEGA(Spectris plc) Recent Developments/Updates
6.15 Holroyd Components Ltd
6.15.1 Holroyd Components Ltd Corporation Information
6.15.2 Holroyd Components Ltd Electric Heater Description and Business Overview
6.15.3 Holroyd Components Ltd Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Holroyd Components Ltd Electric Heater Product Portfolio
6.15.5 Holroyd Components Ltd Recent Developments/Updates
6.16 Durex Industries
6.16.1 Durex Industries Corporation Information
6.16.2 Durex Industries Electric Heater Description and Business Overview
6.16.3 Durex Industries Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.16.4 Durex Industries Electric Heater Product Portfolio
6.16.5 Durex Industries Recent Developments/Updates
6.17 Thermal Corporation
6.17.1 Thermal Corporation Corporation Information
6.17.2 Thermal Corporation Electric Heater Description and Business Overview
6.17.3 Thermal Corporation Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.17.4 Thermal Corporation Electric Heater Product Portfolio
6.17.5 Thermal Corporation Recent Developments/Updates
6.18 Friedr. Freek GmbH
6.18.1 Friedr. Freek GmbH Corporation Information
6.18.2 Friedr. Freek GmbH Electric Heater Description and Business Overview
6.18.3 Friedr. Freek GmbH Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Friedr. Freek GmbH Electric Heater Product Portfolio
6.18.5 Friedr. Freek GmbH Recent Developments/Updates
6.19 Wattco
6.19.1 Wattco Corporation Information
6.19.2 Wattco Electric Heater Description and Business Overview
6.19.3 Wattco Electric Heater Sales, Revenue and Gross Margin (2019-2024)
6.19.4 Wattco Electric Heater Product Portfolio
6.19.5 Wattco Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Electric Heater Industry Chain Analysis
7.2 Electric Heater Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Electric Heater Production Mode & Process
7.4 Electric Heater Sales and Marketing
7.4.1 Electric Heater Sales Channels
7.4.2 Electric Heater Distributors
7.5 Electric Heater Customers
8 Electric Heater Market Dynamics
8.1 Electric Heater Industry Trends
8.2 Electric Heater Market Drivers
8.3 Electric Heater Market Challenges
8.4 Electric Heater Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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