The Market Reports

Synopsis
The global market for Heating Coil was estimated to be worth US$ 2022 million in 2024 and is forecast to a readjusted size of US$ 2388 million by 2031 with a CAGR of 2.5% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Heating Coil cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Heating coil is an electrical component specially designed to convert electrical energy into heat energy. Its core structure is a spiral or disc-shaped coil made of metal wire or strip with high resistivity (called resistance wire or heating wire) tightly wound.
Governments have implemented strict energy efficiency regulations (such as the EU Ecodesign Directive and China's "dual carbon" goals) to require industrial and household equipment to reduce energy consumption. High-efficiency heating coils save 10%-25% energy compared to traditional products, making them the first choice for renovation. Gas heating systems are restricted by carbon emissions, and electric-driven heating coils have become an alternative. Government projects (such as South Korea's "Solar City Program") further subsidize high-efficiency heating equipment to stimulate the market.
This report aims to provide a comprehensive presentation of the global market for Heating Coil, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Heating Coil by region & country, by Type, and by Application.
The Heating Coil market size, estimations, and forecasts are provided in terms of sales volume (M Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Heating Coil.
Market Segmentation
By Company
Sandvik Materials Technology
ZI Heating Element Technologies
Escorts Limited
Kawai Electric Ltd.
Watlow Electric Manufacturing
WATTCO
Tutco
Rama Corp
Marathon Heater
Yangzhou Kaicheng Electrical insulation Materials Co., Ltd.
Backer Hotwatt, Inc
Sunrise Products
HC Coils
NTT Heating
JFD Tube & Coil Products Inc
GC-heat Gebhard GmbH & Co. KG
Shenzhen Biyuanda Technology Co., Ltd
HASTECO Heating Technology
Segment by Type
Tubular Heater
Cartridge Heaters
Band Heaters
Others
Segment by Application
HVAC Industry
Industrial Equipment
Home Application
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Heating Coil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Heating Coil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Heating Coil in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index