Industrial Heater Market (Product Type: Pipe Heater, Duct Heater, Cartridge Heater, Immersion Heater, Circulation Heater; Category: Electric-based, Steam-based, Hybrid-based, Fuel-based) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031
Industrial Heater Market – Scope of Report
TMR’s report on the global industrial heater market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global industrial heater market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global industrial heater market from 2023 to 2031.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the industrial heater market.
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global industrial heater market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global industrial heater market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global industrial heater market.
The report delves into the competitive landscape of the global industrial heater market. Key players operating in the global industrial heater market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global industrial heater market profiled in this report.
Key Questions Answered in Global Industrial Heater Market Report
- What is the sales/revenue generated by industrial heater across all regions during the forecast period?
- What are the opportunities in the global industrial heater market?
- What are the major drivers, restraints, opportunities, and threats in the market?
- Which regional market is set to expand at the fastest CAGR during the forecast period?
- Which segment is expected to generate the highest revenue globally in 2031?
- Which segment is projected to expand at the highest CAGR during the forecast period?
- What are the market positions of different companies operating in the global market?
The comprehensive report on the global industrial heater market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global industrial heater market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global industrial heater market.
- 1. Preface
- 1.1. Market Definition and Scope
- 1.2. Market Segmentation
- 1.3. Key Research Objectives
- 1.4. Research Highlights
- 2. Assumptions
- 3. Research Methodology
- 4. Executive Summary
- 5. Market Overview
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.2. Restraints
- 5.1.3. Opportunities
- 5.2. Key Trends Analysis
- 5.2.1. Demand Side Analysis
- 5.2.2. Supply Side Analysis
- 5.3. Key Market Indicators
- 5.4. Porter’s Five Forces Analysis
- 5.5. Value Chain Analysis
- 5.6. Industry SWOT Analysis
- 5.7. COVID-19 Impact Analysis
- 5.8. Regulatory Framework
- 5.9. Global Industrial Heater Market Analysis and Forecast, 2017 - 2031
- 5.9.1. Market Value Projections (US$ Mn)
- 5.9.2. Market Volume Projections (Thousand Units)
- 6. Global Industrial Heater Market Analysis and Forecast, by Product Type
- 6.1. Global Industrial Heater Market Size (US$ Mn and Thousand Units), by Product Type, 2017 - 2031
- 6.1.1. Pipe Heater
- 6.1.2. Duct Heater
- 6.1.3. Cartridge Heater
- 6.1.4. Immersion Heater
- 6.1.5. Circulation Heater
- 6.2. Incremental Opportunity, by Product Type
- 7. Global Industrial Heater Market Analysis and Forecast, by Category
- 7.1. Global Industrial Heater Market Size (US$ Mn and Thousand Units), by Category, 2017 - 2031
- 7.1.1. Electric-based
- 7.1.2. Steam-based
- 7.1.3. Hybrid-based
- 7.1.4. Fuel-based
- 7.2. Incremental Opportunity, by Category
- 8. Global Industrial Heater Market Analysis and Forecast, by End-use Industry
- 8.1. Global Industrial Heater Market Size (US$ Mn and Thousand Units), by End-use Industry, 2017 - 2031
- 8.1.1. Automotive
- 8.1.2. Oil & Gas
- 8.1.3. Food & Beverage
- 8.1.4. Pharmaceutical
- 8.1.5. Others (Chemical, etc.)
- 8.2. Incremental Opportunity, by End-use Industry
- 9. Global Industrial Heater Market Analysis and Forecast, by Distribution Channel
- 9.1. Global Industrial Heater Market Size (US$ Mn and Thousand Units), by Distribution Channel, 2017 - 2031
- 9.1.1. Direct Sales
- 9.1.2. Indirect Sales
- 9.2. Incremental Opportunity, by Distribution Channel
- 10. Global Industrial Heater Market Analysis and Forecast, by Region
- 10.1. Global Industrial Heater Market Size (US$ Mn and Thousand Units), by Region, 2017 - 2031
- 10.1.1. North America
- 10.1.2. Europe
- 10.1.3. Asia Pacific
- 10.1.4. Middle East & Africa
- 10.1.5. South America
- 10.2. Incremental Opportunity, by Region
- 11. North America Industrial Heater Market Analysis and Forecast
- 11.1. Regional Snapshot
- 11.2. Price Trend Analysis
- 11.2.1. Weighted Average Selling Price (US$)
- 11.3. Brand Analysis
- 11.4. Consumer Buying Behavior Analysis
- 11.4.1. Brand Awareness
- 11.4.2. Average Spend
- 11.4.3. Purchasing Factors
- 11.5. Key Trends Analysis
- 11.5.1. Demand Side Analysis
- 11.5.2. Supply Side Analysis
- 11.6. Industrial Heater Market Size (US$ Mn and Thousand Units), by Product Type, 2017 - 2031
- 11.6.1. Pipe Heater
- 11.6.2. Duct Heater
- 11.6.3. Cartridge Heater
- 11.6.4. Immersion Heater
- 11.6.5. Circulation Heater
- 11.7. Industrial Heater Market Size (US$ Mn and Thousand Units), by Category, 2017 - 2031
- 11.7.1. Electric-based
- 11.7.2. Steam-based
- 11.7.3. Hybrid-based
- 11.7.4. Fuel-based
- 11.8. Industrial Heater Market Size (US$ Mn and Thousand Units), by End-use Industry, 2017 - 2031
- 11.8.1. Automotive
- 11.8.2. Oil & Gas
- 11.8.3. Food & Beverage
- 11.8.4. Pharmaceutical
- 11.8.5. Others (Chemical, etc.)
- 11.9. Industrial Heater Market Size (US$ Mn and Thousand Units), by Distribution Channel, 2017 - 2031
- 11.9.1. Direct Sales
- 11.9.2. Indirect Sales
- 11.10. Industrial Heater Market Size (US$ Mn and Thousand Units), by Country/Sub-region, 2017 - 2031
- 11.10.1. U.S.
- 11.10.2. Canada
- 11.10.3. Rest of North America
- 11.11. Incremental Opportunity Analysis
- 12. Europe Industrial Heater Market Analysis and Forecast
- 12.1. Regional Snapshot
- 12.2. Price Trend Analysis
- 12.2.1. Weighted Average Selling Price (US$)
- 12.3. Brand Analysis
- 12.4. Consumer Buying Behavior Analysis
- 12.4.1. Brand Awareness
- 12.4.2. Average Spend
- 12.4.3. Purchasing Factors
- 12.5. Key Trends Analysis
- 12.5.1. Demand Side Analysis
- 12.5.2. Supply Side Analysis
- 12.6. Industrial Heater Market Size (US$ Mn and Thousand Units), by Product Type, 2017 - 2031
- 12.6.1. Pipe Heater
- 12.6.2. Duct Heater
- 12.6.3. Cartridge Heater
- 12.6.4. Immersion Heater
- 12.6.5. Circulation Heater
- 12.7. Industrial Heater Market Size (US$ Mn and Thousand Units), by Category, 2017 - 2031
- 12.7.1. Electric-based
- 12.7.2. Steam-based
- 12.7.3. Hybrid-based
- 12.7.4. Fuel-based
- 12.8. Industrial Heater Market Size (US$ Mn and Thousand Units), by End-use Industry, 2017 - 2031
- 12.8.1. Automotive
- 12.8.2. Oil & Gas
- 12.8.3. Food & Beverage
- 12.8.4. Pharmaceutical
- 12.8.5. Others (Chemical, etc.)
- 12.9. Industrial Heater Market Size (US$ Mn and Thousand Units), by Distribution Channel, 2017 - 2031
- 12.9.1. Direct Sales
- 12.9.2. Indirect Sales
- 12.10. Industrial Heater Market Size (US$ Mn and Thousand Units), by Country/Sub-region, 2017 - 2031
- 12.10.1. U.K.
- 12.10.2. Germany
- 12.10.3. France
- 12.10.4. Rest of Europe
- 12.11. Incremental Opportunity Analysis
- 13. Asia Pacific Industrial Heater Market Analysis and Forecast
- 13.1. Regional Snapshot
- 13.2. Price Trend Analysis
- 13.2.1. Weighted Average Selling Price (US$)
- 13.3. Brand Analysis
- 13.4. Consumer Buying Behavior Analysis
- 13.4.1. Brand Awareness
- 13.4.2. Average Spend
- 13.4.3. Purchasing Factors
- 13.5. Key Trends Analysis
- 13.5.1. Demand Side Analysis
- 13.5.2. Supply Side Analysis
- 13.6. Industrial Heater Market Size (US$ Mn and Thousand Units), by Product Type, 2017 - 2031
- 13.6.1. Pipe Heater
- 13.6.2. Duct Heater
- 13.6.3. Cartridge Heater
- 13.6.4. Immersion Heater
- 13.6.5. Circulation Heater
- 13.7. Industrial Heater Market Size (US$ Mn and Thousand Units), by Category, 2017 - 2031
- 13.7.1. Electric-based
- 13.7.2. Steam-based
- 13.7.3. Hybrid-based
- 13.7.4. Fuel-based
- 13.8. Industrial Heater Market Size (US$ Mn and Thousand Units), by End-use Industry, 2017 - 2031
- 13.8.1. Automotive
- 13.8.2. Oil & Gas
- 13.8.3. Food & Beverage
- 13.8.4. Pharmaceutical
- 13.8.5. Others (Chemical, etc.)
- 13.9. Industrial Heater Market Size (US$ Mn and Thousand Units), by Distribution Channel, 2017 - 2031
- 13.9.1. Direct Sales
- 13.9.2. Indirect Sales
- 13.10. Industrial Heater Market Size (US$ Mn and Thousand Units), by Country/Sub-region, 2017 - 2031
- 13.10.1. China
- 13.10.2. India
- 13.10.3. Japan
- 13.10.4. Rest of Asia Pacific
- 13.11. Incremental Opportunity Analysis
- 14. Middle East & Africa Industrial Heater Market Analysis and Forecast
- 14.1. Regional Snapshot
- 14.2. Price Trend Analysis
- 14.2.1. Weighted Average Selling Price (US$)
- 14.3. Brand Analysis
- 14.4. Consumer Buying Behavior Analysis
- 14.4.1. Brand Awareness
- 14.4.2. Average Spend
- 14.4.3. Purchasing Factors
- 14.5. Key Trends Analysis
- 14.5.1. Demand Side Analysis
- 14.5.2. Supply Side Analysis
- 14.6. Industrial Heater Market Size (US$ Mn and Thousand Units), by Product Type, 2017 - 2031
- 14.6.1. Pipe Heater
- 14.6.2. Duct Heater
- 14.6.3. Cartridge Heater
- 14.6.4. Immersion Heater
- 14.6.5. Circulation Heater
- 14.7. Industrial Heater Market Size (US$ Mn and Thousand Units), by Category, 2017 - 2031
- 14.7.1. Electric-based
- 14.7.2. Steam-based
- 14.7.3. Hybrid-based
- 14.7.4. Fuel-based
- 14.8. Industrial Heater Market Size (US$ Mn and Thousand Units), by End-use Industry, 2017 - 2031
- 14.8.1. Automotive
- 14.8.2. Oil & Gas
- 14.8.3. Food & Beverage
- 14.8.4. Pharmaceutical
- 14.8.5. Others (Chemical, etc.)
- 14.9. Industrial Heater Market Size (US$ Mn and Thousand Units), by Distribution Channel, 2017 - 2031
- 14.9.1. Direct Sales
- 14.9.2. Indirect Sales
- 14.10. Industrial Heater Market Size (US$ Mn and Thousand Units), by Country/Sub-region, 2017 – 2031
- 14.10.1. GCC
- 14.10.2. South Africa
- 14.10.3. Rest of Middle East & Africa
- 14.11. Incremental Opportunity Analysis
- 15. South America Industrial Heater Market Analysis and Forecast
- 15.1. Regional Snapshot
- 15.2. Price Trend Analysis
- 15.2.1. Weighted Average Selling Price (US$)
- 15.3. Brand Analysis
- 15.4. Consumer Buying Behavior Analysis
- 15.4.1. Brand Awareness
- 15.4.2. Average Spend
- 15.4.3. Purchasing Factors
- 15.5. Key Trends Analysis
- 15.5.1. Demand Side Analysis
- 15.5.2. Supply Side Analysis
- 15.6. Industrial Heater Market Size (US$ Mn and Thousand Units), by Product Type, 2017 - 2031
- 15.6.1. Pipe Heater
- 15.6.2. Duct Heater
- 15.6.3. Cartridge Heater
- 15.6.4. Immersion Heater
- 15.6.5. Circulation Heater
- 15.7. Industrial Heater Market Size (US$ Mn and Thousand Units), by Category, 2017 - 2031
- 15.7.1. Electric-based
- 15.7.2. Steam-based
- 15.7.3. Hybrid-based
- 15.7.4. Fuel-based
- 15.8. Industrial Heater Market Size (US$ Mn and Thousand Units), by End-use Industry, 2017 - 2031
- 15.8.1. Automotive
- 15.8.2. Oil & Gas
- 15.8.3. Food & Beverage
- 15.8.4. Pharmaceutical
- 15.8.5. Others (Chemical, etc.)
- 15.9. Industrial Heater Market Size (US$ Mn and Thousand Units), by Distribution Channel, 2017 - 2031
- 15.9.1. Direct Sales
- 15.9.2. Indirect Sales
- 15.10. Industrial Heater Market Size (US$ Mn and Thousand Units), by Country/Sub-region, 2017 – 2031
- 15.10.1. Brazil
- 15.10.2. Rest of South America
- 16. Competition Landscape
- 16.1. Market Player – Competition Dashboard
- 16.2. Market Share Analysis (%), 2022
- 16.3. Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Financial/Revenue, Strategy & Business Overview, Sales Channel Analysis, Size Portfolio)
- 16.3.1. Watlow Electric Manufacturing Company
- 16.3.1.1. Company Overview
- 16.3.1.2. Sales Area/Geographical Presence
- 16.3.1.3. Financial/Revenue
- 16.3.1.4. Strategy & Business Overview
- 16.3.1.5. Sales Channel Analysis
- 16.3.1.6. Size Portfolio
- 16.3.2. Dragon Power Electric Co. Ltd.
- 16.3.2.1. Company Overview
- 16.3.2.2. Sales Area/Geographical Presence
- 16.3.2.3. Financial/Revenue
- 16.3.2.4. Strategy & Business Overview
- 16.3.2.5. Sales Channel Analysis
- 16.3.2.6. Size Portfolio
- 16.3.3. Chromalox
- 16.3.3.1. Company Overview
- 16.3.3.2. Sales Area/Geographical Presence
- 16.3.3.3. Financial/Revenue
- 16.3.3.4. Strategy & Business Overview
- 16.3.3.5. Sales Channel Analysis
- 16.3.3.6. Size Portfolio
- 16.3.4. Thermal Flow Technologies
- 16.3.4.1. Company Overview
- 16.3.4.2. Sales Area/Geographical Presence
- 16.3.4.3. Financial/Revenue
- 16.3.4.4. Strategy & Business Overview
- 16.3.4.5. Sales Channel Analysis
- 16.3.4.6. Size Portfolio
- 16.3.5. Auzhan Electric Appliances Co.Ltd.
- 16.3.5.1. Company Overview
- 16.3.5.2. Sales Area/Geographical Presence
- 16.3.5.3. Financial/Revenue
- 16.3.5.4. Strategy & Business Overview
- 16.3.5.5. Sales Channel Analysis
- 16.3.5.6. Size Portfolio
- 16.3.6. Elmatic Ltd.
- 16.3.6.1. Company Overview
- 16.3.6.2. Sales Area/Geographical Presence
- 16.3.6.3. Financial/Revenue
- 16.3.6.4. Strategy & Business Overview
- 16.3.6.5. Sales Channel Analysis
- 16.3.6.6. Size Portfolio
- 16.3.7. Powrmatic Ltd.
- 16.3.7.1. Company Overview
- 16.3.7.2. Sales Area/Geographical Presence
- 16.3.7.3. Financial/Revenue
- 16.3.7.4. Strategy & Business Overview
- 16.3.7.5. Sales Channel Analysis
- 16.3.7.6. Size Portfolio
- 16.3.8. Winterwarm
- 16.3.8.1. Company Overview
- 16.3.8.2. Sales Area/Geographical Presence
- 16.3.8.3. Financial/Revenue
- 16.3.8.4. Strategy & Business Overview
- 16.3.8.5. Sales Channel Analysis
- 16.3.8.6. Size Portfolio
- 16.3.9. Excel Heaters
- 16.3.9.1. Company Overview
- 16.3.9.2. Sales Area/Geographical Presence
- 16.3.9.3. Financial/Revenue
- 16.3.9.4. Strategy & Business Overview
- 16.3.9.5. Sales Channel Analysis
- 16.3.9.6. Size Portfolio
- 16.3.10. Wattco
- 16.3.10.1. Company Overview
- 16.3.10.2. Sales Area/Geographical Presence
- 16.3.10.3. Financial/Revenue
- 16.3.10.4. Strategy & Business Overview
- 16.3.10.5. Sales Channel Analysis
- 16.3.10.6. Size Portfolio
- 17. Go to Market Strategy
- 17.1. Identification of Potential Market Spaces
- 17.2. Understanding the Buying Process of the Customers
- 17.3. Preferred Sales & Marketing Strategy
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook