Industrial Electric Heating Element Market size was valued at USD 2660.0 Million in 2020 and is projected to reach USD 3700.3 Million by 2028, growing at a CAGR of 4.21% from 2021 to 2028.
Industrial Electrical Heating Element Market Definition
A heating element converts electrical energy into heat through the method of Joule heating. Electric current passing via the element encounters resistance, resulting in heating of the element. Industrial heaters are utilized to convert energy from a fuel or energy source to thermal energy in a system, process stream, or closed environment.
The process by which thermal energy is transformed from an energy source to a system can be defined as heat transfer. Typically, heating elements are made from a coil, ribbon, or strip of wire that delivers heat (like a lamp filament). Heating elements comprise an electric current, which flows via the wire, coil, or ribbon and becomes very hot. The element alters the electrical energy passing through it into heat, which spawns outward in every direction.
Heating elements help transform electricity into heat. However, to understand how a heating element works, we must recognize some basic electricity lessons. First, conductors are good carriers of electricity. Conversely, insulators are poor carriers of electricity. Both conductors and insulators deliver resistance to electric currents that flow through them, although in different amounts. Conductors offer low resistance, while insulators offer a high level of resistance. So, electronic circuits include resistors, which govern how much current flow. In this report, Industrial electric heating element refers to heaters utilized in industrial environments, which are different from commercial heaters, such as household appliances.
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Global Industrial Electric Heating Element Market: Major Players
Durex Industries
Indeeco
Chromalox
Tempco Electric Heating Element Corporation
Delta MFG
Watlow
OMEGA
Industrial Heater Corporation
Tutco Heating Solutions Group
Wattco
NIBE
Minco
Global Industrial Electric Heating Element Market: Types
Immersion Heaters
Tubular Heaters
Circulation Heaters
Band Heaters
Strip Heaters
Coil Heaters
Flexible Heaters
Global Industrial Electric Heating Element Market: Applications
Chemical & Plastics Industry
Oil & Gas
Building Construction
Pharmaceutical Industry
Food Industry
Global Industrial Electric Heating Element Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Industrial Electric Heating Element report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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 an in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
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