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Global Immersion Heater Market Research Report 2024
Synopsis
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.
The global Immersion Heater market was valued at US$ 666.5 million in 2023 and is anticipated to reach US$ 898.1 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.
From the view of region, North America have a larger market share which account for 34% and will witness a slightly decrease of share in following years. Asia-Pacific hold a market share of 30% and will still play an important role which cannot be ignored. Any changes from Europe, which share a 28% market share , might affect the development trend of Immersion Heater.The key manufacturers are 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 etc. Top 3 companies occupied about 8% market share.
This report aims to provide a comprehensive presentation of the global market for Immersion 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 Immersion Heater.
Report Scope
The Immersion Heater market size, estimations, and forecasts are provided in terms of output/shipments (K 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 Immersion 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 Immersion Heater manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, 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
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
Segment by Type
Over-the-Side Immersion Heater
Flanged Immersion Heater
Screw Plug Immersion Heater
Others
Segment by Application
Home Appliance
Industrial Appliance
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 Immersion Heater manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Immersion Heater by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Immersion 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 production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
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.
The global Immersion Heater market was valued at US$ 666.5 million in 2023 and is anticipated to reach US$ 898.1 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.
From the view of region, North America have a larger market share which account for 34% and will witness a slightly decrease of share in following years. Asia-Pacific hold a market share of 30% and will still play an important role which cannot be ignored. Any changes from Europe, which share a 28% market share , might affect the development trend of Immersion Heater.The key manufacturers are 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 etc. Top 3 companies occupied about 8% market share.
This report aims to provide a comprehensive presentation of the global market for Immersion 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 Immersion Heater.
Report Scope
The Immersion Heater market size, estimations, and forecasts are provided in terms of output/shipments (K 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 Immersion 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 Immersion Heater manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, 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
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
Segment by Type
Over-the-Side Immersion Heater
Flanged Immersion Heater
Screw Plug Immersion Heater
Others
Segment by Application
Home Appliance
Industrial Appliance
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 Immersion Heater manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Immersion Heater by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Immersion 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 production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Immersion Heater Market Overview
1.1 Product Definition
1.2 Immersion Heater Segment by Type
1.2.1 Global Immersion Heater Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Over-the-Side Immersion Heater
1.2.3 Flanged Immersion Heater
1.2.4 Screw Plug Immersion Heater
1.2.5 Others
1.3 Immersion Heater Segment by Application
1.3.1 Global Immersion Heater Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Home Appliance
1.3.3 Industrial Appliance
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Immersion Heater Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Immersion Heater Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Immersion Heater Production Estimates and Forecasts (2019-2030)
1.4.4 Global Immersion Heater Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Immersion Heater Production Market Share by Manufacturers (2019-2024)
2.2 Global Immersion Heater Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Immersion Heater, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Immersion Heater Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Immersion Heater Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Immersion Heater, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Immersion Heater, Product Offered and Application
2.8 Global Key Manufacturers of Immersion Heater, Date of Enter into This Industry
2.9 Immersion Heater Market Competitive Situation and Trends
2.9.1 Immersion Heater Market Concentration Rate
2.9.2 Global 5 and 10 Largest Immersion Heater Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Immersion Heater Production by Region
3.1 Global Immersion Heater Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Immersion Heater Production Value by Region (2019-2030)
3.2.1 Global Immersion Heater Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Immersion Heater by Region (2025-2030)
3.3 Global Immersion Heater Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Immersion Heater Production by Region (2019-2030)
3.4.1 Global Immersion Heater Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Immersion Heater by Region (2025-2030)
3.5 Global Immersion Heater Market Price Analysis by Region (2019-2024)
3.6 Global Immersion Heater Production and Value, Year-over-Year Growth
3.6.1 North America Immersion Heater Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Immersion Heater Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Immersion Heater Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Immersion Heater Production Value Estimates and Forecasts (2019-2030)
4 Immersion Heater Consumption by Region
4.1 Global Immersion Heater Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Immersion Heater Consumption by Region (2019-2030)
4.2.1 Global Immersion Heater Consumption by Region (2019-2024)
4.2.2 Global Immersion Heater Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Immersion Heater Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Immersion Heater Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Immersion Heater Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Immersion Heater Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Immersion Heater Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Immersion Heater Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Immersion Heater Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Immersion Heater Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Immersion Heater Production by Type (2019-2030)
5.1.1 Global Immersion Heater Production by Type (2019-2024)
5.1.2 Global Immersion Heater Production by Type (2025-2030)
5.1.3 Global Immersion Heater Production Market Share by Type (2019-2030)
5.2 Global Immersion Heater Production Value by Type (2019-2030)
5.2.1 Global Immersion Heater Production Value by Type (2019-2024)
5.2.2 Global Immersion Heater Production Value by Type (2025-2030)
5.2.3 Global Immersion Heater Production Value Market Share by Type (2019-2030)
5.3 Global Immersion Heater Price by Type (2019-2030)
6 Segment by Application
6.1 Global Immersion Heater Production by Application (2019-2030)
6.1.1 Global Immersion Heater Production by Application (2019-2024)
6.1.2 Global Immersion Heater Production by Application (2025-2030)
6.1.3 Global Immersion Heater Production Market Share by Application (2019-2030)
6.2 Global Immersion Heater Production Value by Application (2019-2030)
6.2.1 Global Immersion Heater Production Value by Application (2019-2024)
6.2.2 Global Immersion Heater Production Value by Application (2025-2030)
6.2.3 Global Immersion Heater Production Value Market Share by Application (2019-2030)
6.3 Global Immersion Heater Price by Application (2019-2030)
7 Key Companies Profiled
7.1 NIBE
7.1.1 NIBE Immersion Heater Corporation Information
7.1.2 NIBE Immersion Heater Product Portfolio
7.1.3 NIBE Immersion Heater Production, Value, Price and Gross Margin (2019-2024)
7.1.4 NIBE Main Business and Markets Served
7.1.5 NIBE Recent Developments/Updates
7.2 Thermon
7.2.1 Thermon Immersion Heater Corporation Information
7.2.2 Thermon Immersion Heater Product Portfolio
7.2.3 Thermon Immersion Heater Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Thermon Main Business and Markets Served
7.2.5 Thermon Recent Developments/Updates
7.3 Zhenjiang Dongfang Electric Heating Technology
7.3.1 Zhenjiang Dongfang Electric Heating Technology Immersion Heater Corporation Information
7.3.2 Zhenjiang Dongfang Electric Heating Technology Immersion Heater Product Portfolio
7.3.3 Zhenjiang Dongfang Electric Heating Technology Immersion Heater Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Zhenjiang Dongfang Electric Heating Technology Main Business and Markets Served
7.3.5 Zhenjiang Dongfang Electric Heating Technology Recent Developments/Updates
7.4 OMEGA Engineering (Spectris)
7.4.1 OMEGA Engineering (Spectris) Immersion Heater Corporation Information
7.4.2 OMEGA Engineering (Spectris) Immersion Heater Product Portfolio
7.4.3 OMEGA Engineering (Spectris) Immersion Heater Production, Value, Price and Gross Margin (2019-2024)
7.4.4 OMEGA Engineering (Spectris) Main Business and Markets Served
7.4.5 OMEGA Engineering (Spectris) Recent Developments/Updates
7.5 Watlow
7.5.1 Watlow Immersion Heater Corporation Information
7.5.2 Watlow Immersion Heater Product Portfolio
7.5.3 Watlow Immersion Heater Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Watlow Main Business and Markets Served
7.5.5 Watlow Recent Developments/Updates
7.6 Chromalox
7.6.1 Chromalox Immersion Heater Corporation Information
7.6.2 Chromalox Immersion Heater Product Portfolio
7.6.3 Chromalox Immersion Heater Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Chromalox Main Business and Markets Served
7.6.5 Chromalox Recent Developments/Updates
7.7 Hotset GmbH
7.7.1 Hotset GmbH Immersion Heater Corporation Information
7.7.2 Hotset GmbH Immersion Heater Product Portfolio
7.7.3 Hotset GmbH Immersion Heater Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Hotset GmbH Main Business and Markets Served
7.7.5 Hotset GmbH Recent Developments/Updates
7.8 Friedr. Freek GmbH
7.8.1 Friedr. Freek GmbH Immersion Heater Corporation Information
7.8.2 Friedr. Freek GmbH Immersion Heater Product Portfolio
7.8.3 Friedr. Freek GmbH Immersion Heater Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Friedr. Freek GmbH Main Business and Markets Served
7.7.5 Friedr. Freek GmbH Recent Developments/Updates
7.9 Zoppas Industries
7.9.1 Zoppas Industries Immersion Heater Corporation Information
7.9.2 Zoppas Industries Immersion Heater Product Portfolio
7.9.3 Zoppas Industries Immersion Heater Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Zoppas Industries Main Business and Markets Served
7.9.5 Zoppas Industries Recent Developments/Updates
7.10 Thermowatt
7.10.1 Thermowatt Immersion Heater Corporation Information
7.10.2 Thermowatt Immersion Heater Product Portfolio
7.10.3 Thermowatt Immersion Heater Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Thermowatt Main Business and Markets Served
7.10.5 Thermowatt Recent Developments/Updates
7.11 Tutco Heating Solutions Group
7.11.1 Tutco Heating Solutions Group Immersion Heater Corporation Information
7.11.2 Tutco Heating Solutions Group Immersion Heater Product Portfolio
7.11.3 Tutco Heating Solutions Group Immersion Heater Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Tutco Heating Solutions Group Main Business and Markets Served
7.11.5 Tutco Heating Solutions Group Recent Developments/Updates
7.12 Tempco Electric Heating Element Corporation
7.12.1 Tempco Electric Heating Element Corporation Immersion Heater Corporation Information
7.12.2 Tempco Electric Heating Element Corporation Immersion Heater Product Portfolio
7.12.3 Tempco Electric Heating Element Corporation Immersion Heater Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Tempco Electric Heating Element Corporation Main Business and Markets Served
7.12.5 Tempco Electric Heating Element Corporation Recent Developments/Updates
7.13 Headway Electric Heat Components CO.,LTD
7.13.1 Headway Electric Heat Components CO.,LTD Immersion Heater Corporation Information
7.13.2 Headway Electric Heat Components CO.,LTD Immersion Heater Product Portfolio
7.13.3 Headway Electric Heat Components CO.,LTD Immersion Heater Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Headway Electric Heat Components CO.,LTD Main Business and Markets Served
7.13.5 Headway Electric Heat Components CO.,LTD Recent Developments/Updates
7.14 Warren Electric Corporation
7.14.1 Warren Electric Corporation Immersion Heater Corporation Information
7.14.2 Warren Electric Corporation Immersion Heater Product Portfolio
7.14.3 Warren Electric Corporation Immersion Heater Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Warren Electric Corporation Main Business and Markets Served
7.14.5 Warren Electric Corporation Recent Developments/Updates
7.15 Durex Industries
7.15.1 Durex Industries Immersion Heater Corporation Information
7.15.2 Durex Industries Immersion Heater Product Portfolio
7.15.3 Durex Industries Immersion Heater Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Durex Industries Main Business and Markets Served
7.15.5 Durex Industries Recent Developments/Updates
7.16 Sanbra Fyffe Limited
7.16.1 Sanbra Fyffe Limited Immersion Heater Corporation Information
7.16.2 Sanbra Fyffe Limited Immersion Heater Product Portfolio
7.16.3 Sanbra Fyffe Limited Immersion Heater Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Sanbra Fyffe Limited Main Business and Markets Served
7.16.5 Sanbra Fyffe Limited Recent Developments/Updates
7.17 WATTCO
7.17.1 WATTCO Immersion Heater Corporation Information
7.17.2 WATTCO Immersion Heater Product Portfolio
7.17.3 WATTCO Immersion Heater Production, Value, Price and Gross Margin (2019-2024)
7.17.4 WATTCO Main Business and Markets Served
7.17.5 WATTCO Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Immersion Heater Industry Chain Analysis
8.2 Immersion Heater Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Immersion Heater Production Mode & Process
8.4 Immersion Heater Sales and Marketing
8.4.1 Immersion Heater Sales Channels
8.4.2 Immersion Heater Distributors
8.5 Immersion Heater Customers
9 Immersion Heater Market Dynamics
9.1 Immersion Heater Industry Trends
9.2 Immersion Heater Market Drivers
9.3 Immersion Heater Market Challenges
9.4 Immersion Heater Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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