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Global Industrial Heating Elements Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 3/1/2023
  • NO OF PAGES
  • 282
  • CATEGORY
  • Heavy Industry
Industrial Heating Elements market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Industrial Heating Elements market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Industrial Heating Elements manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Industrial Heating Elements market covering all its essential aspects.

Global Industrial Heating Elements Market: Segmentations


Global Industrial Heating Elements Market: By Types
Immersion Heaters
Tubular Heaters
Circulation Heaters
Band Heaters
Strip Heaters
Coil Heaters
Flexible Heaters

Global Industrial Heating Elements Market: By Applications
Chemical & Plastics Industry
Oil & Gas
Building Construction
Pharmaceutical Industry
Food Industry

Global Industrial Heating Elements Market: Major Players
Watlow
Chromalox
Tempco Electric Heating Element Corporation
Tutco Heating Solutions Group
Minco
OMEGA
Indeeco
NIBE
Durex Industries
Industrial Heater Corporation
Delta MFG
Wattco

Global Industrial Heating Elements Market: By Regions
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)


Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Industrial Heating Elements market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Industrial Heating Elements would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Industrial Heating Elements Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Market Overview
1.1 Product Overview and Scope of Industrial Heating Elements
1.2 Classification of Industrial Heating Elements by Type
1.2.1 Overview: Global Industrial Heating Elements Market Size by Type: 2017 Versus 2022 Versus 2032
1.2.2 Global Industrial Heating Elements Revenue Market Share by Type in 2022
1.2.3 Immersion Heaters
1.2.4 Tubular Heaters
1.2.5 Circulation Heaters
1.2.6 Band Heaters
1.2.7 Strip Heaters
1.2.8 Coil Heaters
1.2.9 Flexible Heaters
1.3 Global Industrial Heating Elements Market by Application
1.3.1 Overview: Global Industrial Heating Elements Market Size by Application: 2017 Versus 2022 Versus 2032
1.3.2 Chemical & Plastics Industry
1.3.3 Oil & Gas
1.3.4 Building Construction
1.3.5 Pharmaceutical Industry
1.3.6 Food Industry
1.4 Global Industrial Heating Elements Market Size & Forecast
1.5 Global Industrial Heating Elements Market Size and Forecast by Region
1.5.1 Global Industrial Heating Elements Market Size by Region: 2017 VS 2022 VS 2032
1.5.2 Global Industrial Heating Elements Market Size by Region, (2016-2021)
1.5.3 North America Industrial Heating Elements Market Size and Prospect (2017-2032)
1.5.4 Europe Industrial Heating Elements Market Size and Prospect (2017-2032)
1.5.5 Asia-Pacific Industrial Heating Elements Market Size and Prospect (2017-2032)
1.5.6 South America Industrial Heating Elements Market Size and Prospect (2017-2032)
1.5.7 Middle East and Africa Industrial Heating Elements Market Size and Prospect (2017-2032)
1.6 Market Drivers, Restraints and Trends
1.6.1 Industrial Heating Elements Market Drivers
1.6.2 Industrial Heating Elements Market Restraints
1.6.3 Industrial Heating Elements Trends Analysis
2 Company Profiles
2.1 Watlow
2.1.1 Watlow Details
2.1.2 Watlow Major Business
2.1.3 Watlow Industrial Heating Elements Product and Solutions
2.1.4 Watlow Industrial Heating Elements Revenue, Gross Margin and Market Share (2017-2022)
2.1.5 Watlow Recent Developments and Future Plans
2.2 Chromalox
2.2.1 Chromalox Details
2.2.2 Chromalox Major Business
2.2.3 Chromalox Industrial Heating Elements Product and Solutions
2.2.4 Chromalox Industrial Heating Elements Revenue, Gross Margin and Market Share (2017-2022)
2.2.5 Chromalox Recent Developments and Future Plans
2.3 Tempco Electric Heating Element Corporation
2.3.1 Tempco Electric Heating Element Corporation Details
2.3.2 Tempco Electric Heating Element Corporation Major Business
2.3.3 Tempco Electric Heating Element Corporation Industrial Heating Elements Product and Solutions
2.3.4 Tempco Electric Heating Element Corporation Industrial Heating Elements Revenue, Gross Margin and Market Share (2017-2022)
2.3.5 Tempco Electric Heating Element Corporation Recent Developments and Future Plans
2.4 Tutco Heating Solutions Group
2.4.1 Tutco Heating Solutions Group Details
2.4.2 Tutco Heating Solutions Group Major Business
2.4.3 Tutco Heating Solutions Group Industrial Heating Elements Product and Solutions
2.4.4 Tutco Heating Solutions Group Industrial Heating Elements Revenue, Gross Margin and Market Share (2017-2022)
2.4.5 Tutco Heating Solutions Group Recent Developments and Future Plans
2.5 Minco
2.5.1 Minco Details
2.5.2 Minco Major Business
2.5.3 Minco Industrial Heating Elements Product and Solutions
2.5.4 Minco Industrial Heating Elements Revenue, Gross Margin and Market Share (2017-2022)
2.5.5 Minco Recent Developments and Future Plans
2.6 OMEGA
2.6.1 OMEGA Details
2.6.2 OMEGA Major Business
2.6.3 OMEGA Industrial Heating Elements Product and Solutions
2.6.4 OMEGA Industrial Heating Elements Revenue, Gross Margin and Market Share (2017-2022)
2.6.5 OMEGA Recent Developments and Future Plans
2.7 Indeeco
2.7.1 Indeeco Details
2.7.2 Indeeco Major Business
2.7.3 Indeeco Industrial Heating Elements Product and Solutions
2.7.4 Indeeco Industrial Heating Elements Revenue, Gross Margin and Market Share (2017-2022)
2.7.5 Indeeco Recent Developments and Future Plans
2.8 NIBE
2.8.1 NIBE Details
2.8.2 NIBE Major Business
2.8.3 NIBE Industrial Heating Elements Product and Solutions
2.8.4 NIBE Industrial Heating Elements Revenue, Gross Margin and Market Share (2017-2022)
2.8.5 NIBE Recent Developments and Future Plans
2.9 Durex Industries
2.9.1 Durex Industries Details
2.9.2 Durex Industries Major Business
2.9.3 Durex Industries Industrial Heating Elements Product and Solutions
2.9.4 Durex Industries Industrial Heating Elements Revenue, Gross Margin and Market Share (2017-2022)
2.9.5 Durex Industries Recent Developments and Future Plans
2.10 Industrial Heater Corporation
2.10.1 Industrial Heater Corporation Details
2.10.2 Industrial Heater Corporation Major Business
2.10.3 Industrial Heater Corporation Industrial Heating Elements Product and Solutions
2.10.4 Industrial Heater Corporation Industrial Heating Elements Revenue, Gross Margin and Market Share (2017-2022)
2.10.5 Industrial Heater Corporation Recent Developments and Future Plans
2.11 Delta MFG
2.11.1 Delta MFG Details
2.11.2 Delta MFG Major Business
2.11.3 Delta MFG Industrial Heating Elements Product and Solutions
2.11.4 Delta MFG Industrial Heating Elements Revenue, Gross Margin and Market Share (2017-2022)
2.11.5 Delta MFG Recent Developments and Future Plans
2.12 Wattco
2.12.1 Wattco Details
2.12.2 Wattco Major Business
2.12.3 Wattco Industrial Heating Elements Product and Solutions
2.12.4 Wattco Industrial Heating Elements Revenue, Gross Margin and Market Share (2017-2022)
2.12.5 Wattco Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Industrial Heating Elements Revenue and Share by Players (2017-2022)
3.2 Market Concentration Rate
3.2.1 Top 3 Industrial Heating Elements Players Market Share
3.2.2 Top 10 Industrial Heating Elements Players Market Share
3.2.3 Market Competition Trend
3.3 Industrial Heating Elements Players Head Office, Products and Services Provided
3.4 Mergers & Acquisitions
3.5 New Entrants and Expansion Plans
4 Market Size Segment by Type
4.1 Global Industrial Heating Elements Revenue and Market Share by Type (2016-2021)
4.2 Global Industrial Heating Elements Market Forecast by Type (2021-2026)
5 Market Size Segment by Application
5.1 Global Industrial Heating Elements Revenue Market Share by Application (2016-2021)
5.2 Industrial Heating Elements Market Forecast by Application (2021-2026)
6 North America by Country, by Type, and by Application
6.1 North America Industrial Heating Elements Revenue by Type (2017-2032)
6.2 North America Industrial Heating Elements Revenue by Application (2017-2032)
6.3 North America Industrial Heating Elements Market Size by Country
6.3.1 North America Industrial Heating Elements Revenue by Country (2017-2032)
6.3.2 United States Industrial Heating Elements Market Size and Forecast (2017-2032)
6.3.3 Canada Industrial Heating Elements Market Size and Forecast (2017-2032)
6.3.4 Mexico Industrial Heating Elements Market Size and Forecast (2017-2032)
7 Europe by Country, by Type, and by Application
7.1 Europe Industrial Heating Elements Revenue by Type (2017-2032)
7.2 Europe Industrial Heating Elements Revenue by Application (2017-2032)
7.3 Europe Industrial Heating Elements Market Size by Country
7.3.1 Europe Industrial Heating Elements Revenue by Country (2017-2032)
7.3.2 Germany Industrial Heating Elements Market Size and Forecast (2017-2032)
7.3.3 France Industrial Heating Elements Market Size and Forecast (2017-2032)
7.3.4 United Kingdom Industrial Heating Elements Market Size and Forecast (2017-2032)
7.3.5 Russia Industrial Heating Elements Market Size and Forecast (2017-2032)
7.3.6 Italy Industrial Heating Elements Market Size and Forecast (2017-2032)
8 Asia-Pacific by Region, by Type, and by Application
8.1 Asia-Pacific Industrial Heating Elements Revenue by Type (2017-2032)
8.2 Asia-Pacific Industrial Heating Elements Revenue by Application (2017-2032)
8.3 Asia-Pacific Industrial Heating Elements Market Size by Region
8.3.1 Asia-Pacific Industrial Heating Elements Revenue by Region (2017-2032)
8.3.2 China Industrial Heating Elements Market Size and Forecast (2017-2032)
8.3.3 Japan Industrial Heating Elements Market Size and Forecast (2017-2032)
8.3.4 South Korea Industrial Heating Elements Market Size and Forecast (2017-2032)
8.3.5 India Industrial Heating Elements Market Size and Forecast (2017-2032)
8.3.6 Southeast Asia Industrial Heating Elements Market Size and Forecast (2017-2032)
8.3.7 Australia Industrial Heating Elements Market Size and Forecast (2017-2032)
9 South America by Country, by Type, and by Application
9.1 South America Industrial Heating Elements Revenue by Type (2017-2032)
9.2 South America Industrial Heating Elements Revenue by Application (2017-2032)
9.3 South America Industrial Heating Elements Market Size by Country
9.3.1 South America Industrial Heating Elements Revenue by Country (2017-2032)
9.3.2 Brazil Industrial Heating Elements Market Size and Forecast (2017-2032)
9.3.3 Argentina Industrial Heating Elements Market Size and Forecast (2017-2032)
10 Middle East & Africa by Country, by Type, and by Application
10.1 Middle East & Africa Industrial Heating Elements Revenue by Type (2017-2032)
10.2 Middle East & Africa Industrial Heating Elements Revenue by Application (2017-2032)
10.3 Middle East & Africa Industrial Heating Elements Market Size by Country
10.3.1 Middle East & Africa Industrial Heating Elements Revenue by Country (2017-2032)
10.3.2 Turkey Industrial Heating Elements Market Size and Forecast (2017-2032)
10.3.3 Saudi Arabia Industrial Heating Elements Market Size and Forecast (2017-2032)
10.3.4 UAE Industrial Heating Elements Market Size and Forecast (2017-2032)
11 Research Findings and Conclusion
12 Appendix
12.1 Methodology
12.2 Research Process and Data Source
12.3 Disclaimer

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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