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Electric Heating Solutions-Global Market Insights and Sales Trends 2024
Synopsis
Electric heating is a process in which electrical energy is converted to heat energy. Common applications include space heating, cooking, water heating and industrial processes. An electric heater is an electrical device that converts an electric current into heat.[1] The heating element inside every electric heater is an electrical resistor, and works on the principle of Joule heating: an electric current passing through a resistor will convert that electrical energy into heat energy. Most modern electric heating devices use nichrome wire as the active element; the heating element, depicted on the right, uses nichrome wire supported by ceramic insulators.
The global Electric Heating Solutions market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Electric Heating Solutions in various end use industries. The expanding demands from the Residential, Commercial and Industrial,, are propelling Electric Heating Solutions market. Space Heating, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Liquid Heating segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Electric Heating Solutions market, driven by demand from China, the second largest economy with some signs of stabilising, the Electric Heating Solutions market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Heating Solutions, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Heating Solutions market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Heating Solutions market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Heating Solutions sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Heating Solutions covered in this report include Vulcanic, CCI Thermal, Watlow, Elmess, Gaumer, Chromalox, DFI, Exheat and NIBE, etc.
The global Electric Heating Solutions market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Vulcanic
CCI Thermal
Watlow
Elmess
Gaumer
Chromalox
DFI
Exheat
NIBE
Indeeco
Sains
Zoppas
Global Electric Heating Solutions market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Heating Solutions market, Segment by Type:
Space Heating
Liquid Heating
Other
Global Electric Heating Solutions market, by Application
Residential
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Heating Solutions manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Heating Solutions in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Electric heating is a process in which electrical energy is converted to heat energy. Common applications include space heating, cooking, water heating and industrial processes. An electric heater is an electrical device that converts an electric current into heat.[1] The heating element inside every electric heater is an electrical resistor, and works on the principle of Joule heating: an electric current passing through a resistor will convert that electrical energy into heat energy. Most modern electric heating devices use nichrome wire as the active element; the heating element, depicted on the right, uses nichrome wire supported by ceramic insulators.
The global Electric Heating Solutions market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Electric Heating Solutions in various end use industries. The expanding demands from the Residential, Commercial and Industrial,, are propelling Electric Heating Solutions market. Space Heating, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Liquid Heating segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Electric Heating Solutions market, driven by demand from China, the second largest economy with some signs of stabilising, the Electric Heating Solutions market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Heating Solutions, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Heating Solutions market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Heating Solutions market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Heating Solutions sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Heating Solutions covered in this report include Vulcanic, CCI Thermal, Watlow, Elmess, Gaumer, Chromalox, DFI, Exheat and NIBE, etc.
The global Electric Heating Solutions market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Vulcanic
CCI Thermal
Watlow
Elmess
Gaumer
Chromalox
DFI
Exheat
NIBE
Indeeco
Sains
Zoppas
Global Electric Heating Solutions market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Heating Solutions market, Segment by Type:
Space Heating
Liquid Heating
Other
Global Electric Heating Solutions market, by Application
Residential
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Heating Solutions manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Heating Solutions in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Electric Heating Solutions Market Overview
1.1 Electric Heating Solutions Product Overview
1.2 Electric Heating Solutions Market Segment by Type
1.2.1 Space Heating
1.2.2 Liquid Heating
1.2.3 Other
1.3 Global Electric Heating Solutions Market Size by Type
1.3.1 Global Electric Heating Solutions Market Size Overview by Type (2018-2029)
1.3.2 Global Electric Heating Solutions Historic Market Size Review by Type (2018-2023)
1.3.3 Global Electric Heating Solutions Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Electric Heating Solutions Sales Breakdown by Type (2018-2023)
1.4.2 Europe Electric Heating Solutions Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Electric Heating Solutions Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Electric Heating Solutions Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Electric Heating Solutions Sales Breakdown by Type (2018-2023)
2 Global Electric Heating Solutions Market Competition by Company
2.1 Global Top Players by Electric Heating Solutions Sales (2018-2023)
2.2 Global Top Players by Electric Heating Solutions Revenue (2018-2023)
2.3 Global Top Players by Electric Heating Solutions Price (2018-2023)
2.4 Global Top Manufacturers Electric Heating Solutions Manufacturing Base Distribution, Sales Area, Product Type
2.5 Electric Heating Solutions Market Competitive Situation and Trends
2.5.1 Electric Heating Solutions Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Electric Heating Solutions Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Electric Heating Solutions as of 2022)
2.7 Date of Key Manufacturers Enter into Electric Heating Solutions Market
2.8 Key Manufacturers Electric Heating Solutions Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Electric Heating Solutions Status and Outlook by Region
3.1 Global Electric Heating Solutions Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Electric Heating Solutions Historic Market Size by Region
3.2.1 Global Electric Heating Solutions Sales in Volume by Region (2018-2023)
3.2.2 Global Electric Heating Solutions Sales in Value by Region (2018-2023)
3.2.3 Global Electric Heating Solutions Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Electric Heating Solutions Forecasted Market Size by Region
3.3.1 Global Electric Heating Solutions Sales in Volume by Region (2024-2029)
3.3.2 Global Electric Heating Solutions Sales in Value by Region (2024-2029)
3.3.3 Global Electric Heating Solutions Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Electric Heating Solutions by Application
4.1 Electric Heating Solutions Market Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.1.3 Industrial
4.2 Global Electric Heating Solutions Market Size by Application
4.2.1 Global Electric Heating Solutions Market Size Overview by Application (2018-2029)
4.2.2 Global Electric Heating Solutions Historic Market Size Review by Application (2018-2023)
4.2.3 Global Electric Heating Solutions Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Electric Heating Solutions Sales Breakdown by Application (2018-2023)
4.3.2 Europe Electric Heating Solutions Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Electric Heating Solutions Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Electric Heating Solutions Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Electric Heating Solutions Sales Breakdown by Application (2018-2023)
5 North America Electric Heating Solutions by Country
5.1 North America Electric Heating Solutions Historic Market Size by Country
5.1.1 North America Electric Heating Solutions Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Electric Heating Solutions Sales in Volume by Country (2018-2023)
5.1.3 North America Electric Heating Solutions Sales in Value by Country (2018-2023)
5.2 North America Electric Heating Solutions Forecasted Market Size by Country
5.2.1 North America Electric Heating Solutions Sales in Volume by Country (2024-2029)
5.2.2 North America Electric Heating Solutions Sales in Value by Country (2024-2029)
6 Europe Electric Heating Solutions by Country
6.1 Europe Electric Heating Solutions Historic Market Size by Country
6.1.1 Europe Electric Heating Solutions Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Electric Heating Solutions Sales in Volume by Country (2018-2023)
6.1.3 Europe Electric Heating Solutions Sales in Value by Country (2018-2023)
6.2 Europe Electric Heating Solutions Forecasted Market Size by Country
6.2.1 Europe Electric Heating Solutions Sales in Volume by Country (2024-2029)
6.2.2 Europe Electric Heating Solutions Sales in Value by Country (2024-2029)
7 Asia-Pacific Electric Heating Solutions by Region
7.1 Asia-Pacific Electric Heating Solutions Historic Market Size by Region
7.1.1 Asia-Pacific Electric Heating Solutions Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Electric Heating Solutions Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Electric Heating Solutions Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Electric Heating Solutions Forecasted Market Size by Region
7.2.1 Asia-Pacific Electric Heating Solutions Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Electric Heating Solutions Sales in Value by Region (2024-2029)
8 Latin America Electric Heating Solutions by Country
8.1 Latin America Electric Heating Solutions Historic Market Size by Country
8.1.1 Latin America Electric Heating Solutions Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Electric Heating Solutions Sales in Volume by Country (2018-2023)
8.1.3 Latin America Electric Heating Solutions Sales in Value by Country (2018-2023)
8.2 Latin America Electric Heating Solutions Forecasted Market Size by Country
8.2.1 Latin America Electric Heating Solutions Sales in Volume by Country (2024-2029)
8.2.2 Latin America Electric Heating Solutions Sales in Value by Country (2024-2029)
9 Middle East and Africa Electric Heating Solutions by Country
9.1 Middle East and Africa Electric Heating Solutions Historic Market Size by Country
9.1.1 Middle East and Africa Electric Heating Solutions Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Electric Heating Solutions Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Electric Heating Solutions Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Electric Heating Solutions Forecasted Market Size by Country
9.2.1 Middle East and Africa Electric Heating Solutions Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Electric Heating Solutions Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Vulcanic
10.1.1 Vulcanic Company Information
10.1.2 Vulcanic Introduction and Business Overview
10.1.3 Vulcanic Electric Heating Solutions Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Vulcanic Electric Heating Solutions Products Offered
10.1.5 Vulcanic Recent Development
10.2 CCI Thermal
10.2.1 CCI Thermal Company Information
10.2.2 CCI Thermal Introduction and Business Overview
10.2.3 CCI Thermal Electric Heating Solutions Sales, Revenue and Gross Margin (2018-2023)
10.2.4 CCI Thermal Electric Heating Solutions Products Offered
10.2.5 CCI Thermal Recent Development
10.3 Watlow
10.3.1 Watlow Company Information
10.3.2 Watlow Introduction and Business Overview
10.3.3 Watlow Electric Heating Solutions Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Watlow Electric Heating Solutions Products Offered
10.3.5 Watlow Recent Development
10.4 Elmess
10.4.1 Elmess Company Information
10.4.2 Elmess Introduction and Business Overview
10.4.3 Elmess Electric Heating Solutions Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Elmess Electric Heating Solutions Products Offered
10.4.5 Elmess Recent Development
10.5 Gaumer
10.5.1 Gaumer Company Information
10.5.2 Gaumer Introduction and Business Overview
10.5.3 Gaumer Electric Heating Solutions Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Gaumer Electric Heating Solutions Products Offered
10.5.5 Gaumer Recent Development
10.6 Chromalox
10.6.1 Chromalox Company Information
10.6.2 Chromalox Introduction and Business Overview
10.6.3 Chromalox Electric Heating Solutions Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Chromalox Electric Heating Solutions Products Offered
10.6.5 Chromalox Recent Development
10.7 DFI
10.7.1 DFI Company Information
10.7.2 DFI Introduction and Business Overview
10.7.3 DFI Electric Heating Solutions Sales, Revenue and Gross Margin (2018-2023)
10.7.4 DFI Electric Heating Solutions Products Offered
10.7.5 DFI Recent Development
10.8 Exheat
10.8.1 Exheat Company Information
10.8.2 Exheat Introduction and Business Overview
10.8.3 Exheat Electric Heating Solutions Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Exheat Electric Heating Solutions Products Offered
10.8.5 Exheat Recent Development
10.9 NIBE
10.9.1 NIBE Company Information
10.9.2 NIBE Introduction and Business Overview
10.9.3 NIBE Electric Heating Solutions Sales, Revenue and Gross Margin (2018-2023)
10.9.4 NIBE Electric Heating Solutions Products Offered
10.9.5 NIBE Recent Development
10.10 Indeeco
10.10.1 Indeeco Company Information
10.10.2 Indeeco Introduction and Business Overview
10.10.3 Indeeco Electric Heating Solutions Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Indeeco Electric Heating Solutions Products Offered
10.10.5 Indeeco Recent Development
10.11 Sains
10.11.1 Sains Company Information
10.11.2 Sains Introduction and Business Overview
10.11.3 Sains Electric Heating Solutions Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Sains Electric Heating Solutions Products Offered
10.11.5 Sains Recent Development
10.12 Zoppas
10.12.1 Zoppas Company Information
10.12.2 Zoppas Introduction and Business Overview
10.12.3 Zoppas Electric Heating Solutions Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Zoppas Electric Heating Solutions Products Offered
10.12.5 Zoppas Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Electric Heating Solutions Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Electric Heating Solutions Industrial Chain Analysis
11.4 Electric Heating Solutions Market Dynamics
11.4.1 Electric Heating Solutions Industry Trends
11.4.2 Electric Heating Solutions Market Drivers
11.4.3 Electric Heating Solutions Market Challenges
11.4.4 Electric Heating Solutions Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Electric Heating Solutions Distributors
12.3 Electric Heating Solutions Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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