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Machinery & Equipment Global Heating Element Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

  • RnM4529365
    • |
  • 26 September, 2024
    • |
  • Global
    • |
  • 147 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Machinery & Equipment

Heating element is a heating device converts electricity into heat through the process of resistive or Joule heating. Electric current passing through the element encounters resistance, resulting in heating of the element. Unlike the peltier effect, this process is independent of the direction of current flow.
According to our (Global Info Research) latest study, the global Heating Element market size was valued at US$ 9839 million in 2023 and is forecast to a readjusted size of USD 13420 million by 2030 with a CAGR of 4.6% during review period.
Global core heating element manufacturers include Zoppas Industries, NIBE Industrier AB, Watlow (Tinicum) etc.The top 5 companies hold a share about 25%.Geographically speaking, China holds about 40% of global market share, followed by Europe with about 30% share. In terms of type, tubular heaters segment holds an important share of over 20%. In terms of application, appliances segment accounts for over 30% of the total share.
This report is a detailed and comprehensive analysis for global Heating Element market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Heating Element market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/Unit), 2019-2030
Global Heating Element market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/Unit), 2019-2030
Global Heating Element market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/Unit), 2019-2030
Global Heating Element market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (US$/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Heating Element
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Heating Element market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Zoppas Industries, NIBE Industrier AB, Watlow (Tinicum), Zhenjiang Dongfang Electric Heating Technology, Hangzhou Heatwell Electric Heating Technology Co., Ltd., Tutco, Sino-Japan Electric Heater, Headway Electric Heat Components, Thermowatt (Ariston Thermo), Tempco Electric Heater Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Heating Element market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Immersion Heaters
Tubular Heaters
Circulation Heaters
Band Heaters
Strip Heaters
Coil Heaters
Flexible Heaters
Other Types
Market segment by Application
Chemical Industry
Pharmaceutical Industry
Transportation
Appliances
Others
Major players covered
Zoppas Industries
NIBE Industrier AB
Watlow (Tinicum)
Zhenjiang Dongfang Electric Heating Technology
Hangzhou Heatwell Electric Heating Technology Co., Ltd.
Tutco
Sino-Japan Electric Heater
Headway Electric Heat Components
Thermowatt (Ariston Thermo)
Tempco Electric Heater Corporation
Thermon Group Holdings, Inc.
Spirax-Sarco Engineering plc
Minco Products, Inc.
Tamman
Hotset GmbH
OMEGA(Spectris plc)
Durex Industries
Indeeco
Holroyd Components Ltd.
Wattco
Industrial Heater Corp.
Friedr. Freek GmbH
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Heating Element product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Heating Element, with price, sales quantity, revenue, and global market share of Heating Element from 2019 to 2024.
Chapter 3, the Heating Element competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Heating Element breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Heating Element market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Heating Element.
Chapter 14 and 15, to describe Heating Element sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Heating Element Consumption Value by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Immersion Heaters
    • 1.3.3 Tubular Heaters
    • 1.3.4 Circulation Heaters
    • 1.3.5 Band Heaters
    • 1.3.6 Strip Heaters
    • 1.3.7 Coil Heaters
    • 1.3.8 Flexible Heaters
    • 1.3.9 Other Types
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Heating Element Consumption Value by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Chemical Industry
    • 1.4.3 Pharmaceutical Industry
    • 1.4.4 Transportation
    • 1.4.5 Appliances
    • 1.4.6 Others
  • 1.5 Global Heating Element Market Size & Forecast
    • 1.5.1 Global Heating Element Consumption Value (2019 & 2023 & 2030)
    • 1.5.2 Global Heating Element Sales Quantity (2019-2030)
    • 1.5.3 Global Heating Element Average Price (2019-2030)

2 Manufacturers Profiles

  • 2.1 Zoppas Industries
    • 2.1.1 Zoppas Industries Details
    • 2.1.2 Zoppas Industries Major Business
    • 2.1.3 Zoppas Industries Heating Element Product and Services
    • 2.1.4 Zoppas Industries Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 Zoppas Industries Recent Developments/Updates
  • 2.2 NIBE Industrier AB
    • 2.2.1 NIBE Industrier AB Details
    • 2.2.2 NIBE Industrier AB Major Business
    • 2.2.3 NIBE Industrier AB Heating Element Product and Services
    • 2.2.4 NIBE Industrier AB Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 NIBE Industrier AB Recent Developments/Updates
  • 2.3 Watlow (Tinicum)
    • 2.3.1 Watlow (Tinicum) Details
    • 2.3.2 Watlow (Tinicum) Major Business
    • 2.3.3 Watlow (Tinicum) Heating Element Product and Services
    • 2.3.4 Watlow (Tinicum) Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 Watlow (Tinicum) Recent Developments/Updates
  • 2.4 Zhenjiang Dongfang Electric Heating Technology
    • 2.4.1 Zhenjiang Dongfang Electric Heating Technology Details
    • 2.4.2 Zhenjiang Dongfang Electric Heating Technology Major Business
    • 2.4.3 Zhenjiang Dongfang Electric Heating Technology Heating Element Product and Services
    • 2.4.4 Zhenjiang Dongfang Electric Heating Technology Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 Zhenjiang Dongfang Electric Heating Technology Recent Developments/Updates
  • 2.5 Hangzhou Heatwell Electric Heating Technology Co., Ltd.
    • 2.5.1 Hangzhou Heatwell Electric Heating Technology Co., Ltd. Details
    • 2.5.2 Hangzhou Heatwell Electric Heating Technology Co., Ltd. Major Business
    • 2.5.3 Hangzhou Heatwell Electric Heating Technology Co., Ltd. Heating Element Product and Services
    • 2.5.4 Hangzhou Heatwell Electric Heating Technology Co., Ltd. Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 Hangzhou Heatwell Electric Heating Technology Co., Ltd. Recent Developments/Updates
  • 2.6 Tutco
    • 2.6.1 Tutco Details
    • 2.6.2 Tutco Major Business
    • 2.6.3 Tutco Heating Element Product and Services
    • 2.6.4 Tutco Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 Tutco Recent Developments/Updates
  • 2.7 Sino-Japan Electric Heater
    • 2.7.1 Sino-Japan Electric Heater Details
    • 2.7.2 Sino-Japan Electric Heater Major Business
    • 2.7.3 Sino-Japan Electric Heater Heating Element Product and Services
    • 2.7.4 Sino-Japan Electric Heater Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 Sino-Japan Electric Heater Recent Developments/Updates
  • 2.8 Headway Electric Heat Components
    • 2.8.1 Headway Electric Heat Components Details
    • 2.8.2 Headway Electric Heat Components Major Business
    • 2.8.3 Headway Electric Heat Components Heating Element Product and Services
    • 2.8.4 Headway Electric Heat Components Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Headway Electric Heat Components Recent Developments/Updates
  • 2.9 Thermowatt (Ariston Thermo)
    • 2.9.1 Thermowatt (Ariston Thermo) Details
    • 2.9.2 Thermowatt (Ariston Thermo) Major Business
    • 2.9.3 Thermowatt (Ariston Thermo) Heating Element Product and Services
    • 2.9.4 Thermowatt (Ariston Thermo) Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 Thermowatt (Ariston Thermo) Recent Developments/Updates
  • 2.10 Tempco Electric Heater Corporation
    • 2.10.1 Tempco Electric Heater Corporation Details
    • 2.10.2 Tempco Electric Heater Corporation Major Business
    • 2.10.3 Tempco Electric Heater Corporation Heating Element Product and Services
    • 2.10.4 Tempco Electric Heater Corporation Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 Tempco Electric Heater Corporation Recent Developments/Updates
  • 2.11 Thermon Group Holdings, Inc.
    • 2.11.1 Thermon Group Holdings, Inc. Details
    • 2.11.2 Thermon Group Holdings, Inc. Major Business
    • 2.11.3 Thermon Group Holdings, Inc. Heating Element Product and Services
    • 2.11.4 Thermon Group Holdings, Inc. Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 Thermon Group Holdings, Inc. Recent Developments/Updates
  • 2.12 Spirax-Sarco Engineering plc
    • 2.12.1 Spirax-Sarco Engineering plc Details
    • 2.12.2 Spirax-Sarco Engineering plc Major Business
    • 2.12.3 Spirax-Sarco Engineering plc Heating Element Product and Services
    • 2.12.4 Spirax-Sarco Engineering plc Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 Spirax-Sarco Engineering plc Recent Developments/Updates
  • 2.13 Minco Products, Inc.
    • 2.13.1 Minco Products, Inc. Details
    • 2.13.2 Minco Products, Inc. Major Business
    • 2.13.3 Minco Products, Inc. Heating Element Product and Services
    • 2.13.4 Minco Products, Inc. Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.13.5 Minco Products, Inc. Recent Developments/Updates
  • 2.14 Tamman
    • 2.14.1 Tamman Details
    • 2.14.2 Tamman Major Business
    • 2.14.3 Tamman Heating Element Product and Services
    • 2.14.4 Tamman Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.14.5 Tamman Recent Developments/Updates
  • 2.15 Hotset GmbH
    • 2.15.1 Hotset GmbH Details
    • 2.15.2 Hotset GmbH Major Business
    • 2.15.3 Hotset GmbH Heating Element Product and Services
    • 2.15.4 Hotset GmbH Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.15.5 Hotset GmbH Recent Developments/Updates
  • 2.16 OMEGA(Spectris plc)
    • 2.16.1 OMEGA(Spectris plc) Details
    • 2.16.2 OMEGA(Spectris plc) Major Business
    • 2.16.3 OMEGA(Spectris plc) Heating Element Product and Services
    • 2.16.4 OMEGA(Spectris plc) Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.16.5 OMEGA(Spectris plc) Recent Developments/Updates
  • 2.17 Durex Industries
    • 2.17.1 Durex Industries Details
    • 2.17.2 Durex Industries Major Business
    • 2.17.3 Durex Industries Heating Element Product and Services
    • 2.17.4 Durex Industries Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.17.5 Durex Industries Recent Developments/Updates
  • 2.18 Indeeco
    • 2.18.1 Indeeco Details
    • 2.18.2 Indeeco Major Business
    • 2.18.3 Indeeco Heating Element Product and Services
    • 2.18.4 Indeeco Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.18.5 Indeeco Recent Developments/Updates
  • 2.19 Holroyd Components Ltd.
    • 2.19.1 Holroyd Components Ltd. Details
    • 2.19.2 Holroyd Components Ltd. Major Business
    • 2.19.3 Holroyd Components Ltd. Heating Element Product and Services
    • 2.19.4 Holroyd Components Ltd. Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.19.5 Holroyd Components Ltd. Recent Developments/Updates
  • 2.20 Wattco
    • 2.20.1 Wattco Details
    • 2.20.2 Wattco Major Business
    • 2.20.3 Wattco Heating Element Product and Services
    • 2.20.4 Wattco Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.20.5 Wattco Recent Developments/Updates
  • 2.21 Industrial Heater Corp.
    • 2.21.1 Industrial Heater Corp. Details
    • 2.21.2 Industrial Heater Corp. Major Business
    • 2.21.3 Industrial Heater Corp. Heating Element Product and Services
    • 2.21.4 Industrial Heater Corp. Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.21.5 Industrial Heater Corp. Recent Developments/Updates
  • 2.22 Friedr. Freek GmbH
    • 2.22.1 Friedr. Freek GmbH Details
    • 2.22.2 Friedr. Freek GmbH Major Business
    • 2.22.3 Friedr. Freek GmbH Heating Element Product and Services
    • 2.22.4 Friedr. Freek GmbH Heating Element Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.22.5 Friedr. Freek GmbH Recent Developments/Updates

3 Competitive Environment: Heating Element by Manufacturer

  • 3.1 Global Heating Element Sales Quantity by Manufacturer (2019-2024)
  • 3.2 Global Heating Element Revenue by Manufacturer (2019-2024)
  • 3.3 Global Heating Element Average Price by Manufacturer (2019-2024)
  • 3.4 Market Share Analysis (2023)
    • 3.4.1 Producer Shipments of Heating Element by Manufacturer Revenue ($MM) and Market Share (%): 2023
    • 3.4.2 Top 3 Heating Element Manufacturer Market Share in 2023
    • 3.4.3 Top 6 Heating Element Manufacturer Market Share in 2023
  • 3.5 Heating Element Market: Overall Company Footprint Analysis
    • 3.5.1 Heating Element Market: Region Footprint
    • 3.5.2 Heating Element Market: Company Product Type Footprint
    • 3.5.3 Heating Element Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Heating Element Market Size by Region
    • 4.1.1 Global Heating Element Sales Quantity by Region (2019-2030)
    • 4.1.2 Global Heating Element Consumption Value by Region (2019-2030)
    • 4.1.3 Global Heating Element Average Price by Region (2019-2030)
  • 4.2 North America Heating Element Consumption Value (2019-2030)
  • 4.3 Europe Heating Element Consumption Value (2019-2030)
  • 4.4 Asia-Pacific Heating Element Consumption Value (2019-2030)
  • 4.5 South America Heating Element Consumption Value (2019-2030)
  • 4.6 Middle East & Africa Heating Element Consumption Value (2019-2030)

5 Market Segment by Type

  • 5.1 Global Heating Element Sales Quantity by Type (2019-2030)
  • 5.2 Global Heating Element Consumption Value by Type (2019-2030)
  • 5.3 Global Heating Element Average Price by Type (2019-2030)

6 Market Segment by Application

  • 6.1 Global Heating Element Sales Quantity by Application (2019-2030)
  • 6.2 Global Heating Element Consumption Value by Application (2019-2030)
  • 6.3 Global Heating Element Average Price by Application (2019-2030)

7 North America

  • 7.1 North America Heating Element Sales Quantity by Type (2019-2030)
  • 7.2 North America Heating Element Sales Quantity by Application (2019-2030)
  • 7.3 North America Heating Element Market Size by Country
    • 7.3.1 North America Heating Element Sales Quantity by Country (2019-2030)
    • 7.3.2 North America Heating Element Consumption Value by Country (2019-2030)
    • 7.3.3 United States Market Size and Forecast (2019-2030)
    • 7.3.4 Canada Market Size and Forecast (2019-2030)
    • 7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe

  • 8.1 Europe Heating Element Sales Quantity by Type (2019-2030)
  • 8.2 Europe Heating Element Sales Quantity by Application (2019-2030)
  • 8.3 Europe Heating Element Market Size by Country
    • 8.3.1 Europe Heating Element Sales Quantity by Country (2019-2030)
    • 8.3.2 Europe Heating Element Consumption Value by Country (2019-2030)
    • 8.3.3 Germany Market Size and Forecast (2019-2030)
    • 8.3.4 France Market Size and Forecast (2019-2030)
    • 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
    • 8.3.6 Russia Market Size and Forecast (2019-2030)
    • 8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific

  • 9.1 Asia-Pacific Heating Element Sales Quantity by Type (2019-2030)
  • 9.2 Asia-Pacific Heating Element Sales Quantity by Application (2019-2030)
  • 9.3 Asia-Pacific Heating Element Market Size by Region
    • 9.3.1 Asia-Pacific Heating Element Sales Quantity by Region (2019-2030)
    • 9.3.2 Asia-Pacific Heating Element Consumption Value by Region (2019-2030)
    • 9.3.3 China Market Size and Forecast (2019-2030)
    • 9.3.4 Japan Market Size and Forecast (2019-2030)
    • 9.3.5 South Korea Market Size and Forecast (2019-2030)
    • 9.3.6 India Market Size and Forecast (2019-2030)
    • 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
    • 9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America

  • 10.1 South America Heating Element Sales Quantity by Type (2019-2030)
  • 10.2 South America Heating Element Sales Quantity by Application (2019-2030)
  • 10.3 South America Heating Element Market Size by Country
    • 10.3.1 South America Heating Element Sales Quantity by Country (2019-2030)
    • 10.3.2 South America Heating Element Consumption Value by Country (2019-2030)
    • 10.3.3 Brazil Market Size and Forecast (2019-2030)
    • 10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa

  • 11.1 Middle East & Africa Heating Element Sales Quantity by Type (2019-2030)
  • 11.2 Middle East & Africa Heating Element Sales Quantity by Application (2019-2030)
  • 11.3 Middle East & Africa Heating Element Market Size by Country
    • 11.3.1 Middle East & Africa Heating Element Sales Quantity by Country (2019-2030)
    • 11.3.2 Middle East & Africa Heating Element Consumption Value by Country (2019-2030)
    • 11.3.3 Turkey Market Size and Forecast (2019-2030)
    • 11.3.4 Egypt Market Size and Forecast (2019-2030)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
    • 11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics

  • 12.1 Heating Element Market Drivers
  • 12.2 Heating Element Market Restraints
  • 12.3 Heating Element Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Heating Element and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Heating Element
  • 13.3 Heating Element Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Heating Element Typical Distributors
  • 14.3 Heating Element Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Heating Element. Industry analysis & Market Report on Heating Element is a syndicated market report, published as Global Heating Element Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Heating Element market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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