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.
The latest research study released by Market IntelliX evaluates market size and forecasts of Heating Element in global, including the following market information:
Global Heating Element Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Heating Element Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Heating Element companies in 2021 (%)
The global Heating Element market was valued at 9552.6 million in 2021 and is projected to reach US$ 12990 million by 2028, at a CAGR of 4.5% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Immersion Heaters Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Heating Element 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 and Thermowatt (Ariston Thermo), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MI has surveyed the Heating Element manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Market Segmentations:
Global Heating Element Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Heating Element Market Segment Percentages, by Type, 2021 (%)
Immersion Heaters
Tubular Heaters
Circulation Heaters
Band Heaters
Strip Heaters
Coil Heaters
Flexible Heaters
Other Types
Global Heating Element Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Heating Element Market Segment Percentages, by Application, 2021 (%)
Chemical Industry
Pharmaceutical Industry
Transportation
Appliances
Others
Global Heating Element Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Heating Element Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Heating Element revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Heating Element revenues share in global market, 2021 (%)
Key companies Heating Element sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Heating Element sales share in global market, 2021 (%)
The report presents profiles of competitors in the market Some of the prominent key 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
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 Heating Element Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Heating Element Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Heating Element Overall Market Size
2.1 Global Heating Element Market Size: 2021 VS 2028
2.2 Global Heating Element Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Heating Element Sales: 2017-2028
3 Company Landscape
3.1 Top Heating Element Players in Global Market
3.2 Top Global Heating Element Companies Ranked by Revenue
3.3 Global Heating Element Revenue by Companies
3.4 Global Heating Element Sales by Companies
3.5 Global Heating Element Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Heating Element Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Heating Element Product Type
3.8 Tier 1, Tier 2 and Tier 3 Heating Element Players in Global Market
3.8.1 List of Global Tier 1 Heating Element Companies
3.8.2 List of Global Tier 2 and Tier 3 Heating Element Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Heating Element Market Size Markets, 2021 & 2028
4.1.2 Immersion Heaters
4.1.3 Tubular Heaters
4.1.4 Circulation Heaters
4.1.5 Band Heaters
4.1.6 Strip Heaters
4.1.7 Coil Heaters
4.1.8 Flexible Heaters
4.1.9 Other Types
4.2 By Type - Global Heating Element Revenue & Forecasts
4.2.1 By Type - Global Heating Element Revenue, 2017-2022
4.2.2 By Type - Global Heating Element Revenue, 2023-2028
4.2.3 By Type - Global Heating Element Revenue Market Share, 2017-2028
4.3 By Type - Global Heating Element Sales & Forecasts
4.3.1 By Type - Global Heating Element Sales, 2017-2022
4.3.2 By Type - Global Heating Element Sales, 2023-2028
4.3.3 By Type - Global Heating Element Sales Market Share, 2017-2028
4.4 By Type - Global Heating Element Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Heating Element Market Size, 2021 & 2028
5.1.2 Chemical Industry
5.1.3 Pharmaceutical Industry
5.1.4 Transportation
5.1.5 Appliances
5.1.6 Others
5.2 By Application - Global Heating Element Revenue & Forecasts
5.2.1 By Application - Global Heating Element Revenue, 2017-2022
5.2.2 By Application - Global Heating Element Revenue, 2023-2028
5.2.3 By Application - Global Heating Element Revenue Market Share, 2017-2028
5.3 By Application - Global Heating Element Sales & Forecasts
5.3.1 By Application - Global Heating Element Sales, 2017-2022
5.3.2 By Application - Global Heating Element Sales, 2023-2028
5.3.3 By Application - Global Heating Element Sales Market Share, 2017-2028
5.4 By Application - Global Heating Element Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Heating Element Market Size, 2021 & 2028
6.2 By Region - Global Heating Element Revenue & Forecasts
6.2.1 By Region - Global Heating Element Revenue, 2017-2022
6.2.2 By Region - Global Heating Element Revenue, 2023-2028
6.2.3 By Region - Global Heating Element Revenue Market Share, 2017-2028
6.3 By Region - Global Heating Element Sales & Forecasts
6.3.1 By Region - Global Heating Element Sales, 2017-2022
6.3.2 By Region - Global Heating Element Sales, 2023-2028
6.3.3 By Region - Global Heating Element Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Heating Element Revenue, 2017-2028
6.4.2 By Country - North America Heating Element Sales, 2017-2028
6.4.3 US Heating Element Market Size, 2017-2028
6.4.4 Canada Heating Element Market Size, 2017-2028
6.4.5 Mexico Heating Element Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Heating Element Revenue, 2017-2028
6.5.2 By Country - Europe Heating Element Sales, 2017-2028
6.5.3 Germany Heating Element Market Size, 2017-2028
6.5.4 France Heating Element Market Size, 2017-2028
6.5.5 U.K. Heating Element Market Size, 2017-2028
6.5.6 Italy Heating Element Market Size, 2017-2028
6.5.7 Russia Heating Element Market Size, 2017-2028
6.5.8 Nordic Countries Heating Element Market Size, 2017-2028
6.5.9 Benelux Heating Element Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Heating Element Revenue, 2017-2028
6.6.2 By Region - Asia Heating Element Sales, 2017-2028
6.6.3 China Heating Element Market Size, 2017-2028
6.6.4 Japan Heating Element Market Size, 2017-2028
6.6.5 South Korea Heating Element Market Size, 2017-2028
6.6.6 Southeast Asia Heating Element Market Size, 2017-2028
6.6.7 India Heating Element Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Heating Element Revenue, 2017-2028
6.7.2 By Country - South America Heating Element Sales, 2017-2028
6.7.3 Brazil Heating Element Market Size, 2017-2028
6.7.4 Argentina Heating Element Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Heating Element Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Heating Element Sales, 2017-2028
6.8.3 Turkey Heating Element Market Size, 2017-2028
6.8.4 Israel Heating Element Market Size, 2017-2028
6.8.5 Saudi Arabia Heating Element Market Size, 2017-2028
6.8.6 UAE Heating Element Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Zoppas Industries
7.1.1 Zoppas Industries Corporate Summary
7.1.2 Zoppas Industries Business Overview
7.1.3 Zoppas Industries Heating Element Major Product Offerings
7.1.4 Zoppas Industries Heating Element Sales and Revenue in Global (2017-2022)
7.1.5 Zoppas Industries Key News
7.2 NIBE Industrier AB
7.2.1 NIBE Industrier AB Corporate Summary
7.2.2 NIBE Industrier AB Business Overview
7.2.3 NIBE Industrier AB Heating Element Major Product Offerings
7.2.4 NIBE Industrier AB Heating Element Sales and Revenue in Global (2017-2022)
7.2.5 NIBE Industrier AB Key News
7.3 Watlow (Tinicum)
7.3.1 Watlow (Tinicum) Corporate Summary
7.3.2 Watlow (Tinicum) Business Overview
7.3.3 Watlow (Tinicum) Heating Element Major Product Offerings
7.3.4 Watlow (Tinicum) Heating Element Sales and Revenue in Global (2017-2022)
7.3.5 Watlow (Tinicum) Key News
7.4 Zhenjiang Dongfang Electric Heating Technology
7.4.1 Zhenjiang Dongfang Electric Heating Technology Corporate Summary
7.4.2 Zhenjiang Dongfang Electric Heating Technology Business Overview
7.4.3 Zhenjiang Dongfang Electric Heating Technology Heating Element Major Product Offerings
7.4.4 Zhenjiang Dongfang Electric Heating Technology Heating Element Sales and Revenue in Global (2017-2022)
7.4.5 Zhenjiang Dongfang Electric Heating Technology Key News
7.5 Hangzhou Heatwell Electric Heating Technology Co., Ltd.
7.5.1 Hangzhou Heatwell Electric Heating Technology Co., Ltd. Corporate Summary
7.5.2 Hangzhou Heatwell Electric Heating Technology Co., Ltd. Business Overview
7.5.3 Hangzhou Heatwell Electric Heating Technology Co., Ltd. Heating Element Major Product Offerings
7.5.4 Hangzhou Heatwell Electric Heating Technology Co., Ltd. Heating Element Sales and Revenue in Global (2017-2022)
7.5.5 Hangzhou Heatwell Electric Heating Technology Co., Ltd. Key News
7.6 Tutco
7.6.1 Tutco Corporate Summary
7.6.2 Tutco Business Overview
7.6.3 Tutco Heating Element Major Product Offerings
7.6.4 Tutco Heating Element Sales and Revenue in Global (2017-2022)
7.6.5 Tutco Key News
7.7 Sino-Japan Electric Heater
7.7.1 Sino-Japan Electric Heater Corporate Summary
7.7.2 Sino-Japan Electric Heater Business Overview
7.7.3 Sino-Japan Electric Heater Heating Element Major Product Offerings
7.7.4 Sino-Japan Electric Heater Heating Element Sales and Revenue in Global (2017-2022)
7.7.5 Sino-Japan Electric Heater Key News
7.8 Headway Electric Heat Components
7.8.1 Headway Electric Heat Components Corporate Summary
7.8.2 Headway Electric Heat Components Business Overview
7.8.3 Headway Electric Heat Components Heating Element Major Product Offerings
7.8.4 Headway Electric Heat Components Heating Element Sales and Revenue in Global (2017-2022)
7.8.5 Headway Electric Heat Components Key News
7.9 Thermowatt (Ariston Thermo)
7.9.1 Thermowatt (Ariston Thermo) Corporate Summary
7.9.2 Thermowatt (Ariston Thermo) Business Overview
7.9.3 Thermowatt (Ariston Thermo) Heating Element Major Product Offerings
7.9.4 Thermowatt (Ariston Thermo) Heating Element Sales and Revenue in Global (2017-2022)
7.9.5 Thermowatt (Ariston Thermo) Key News
7.10 Tempco Electric Heater Corporation
7.10.1 Tempco Electric Heater Corporation Corporate Summary
7.10.2 Tempco Electric Heater Corporation Business Overview
7.10.3 Tempco Electric Heater Corporation Heating Element Major Product Offerings
7.10.4 Tempco Electric Heater Corporation Heating Element Sales and Revenue in Global (2017-2022)
7.10.5 Tempco Electric Heater Corporation Key News
7.11 Thermon Group Holdings, Inc.
7.11.1 Thermon Group Holdings, Inc. Corporate Summary
7.11.2 Thermon Group Holdings, Inc. Heating Element Business Overview
7.11.3 Thermon Group Holdings, Inc. Heating Element Major Product Offerings
7.11.4 Thermon Group Holdings, Inc. Heating Element Sales and Revenue in Global (2017-2022)
7.11.5 Thermon Group Holdings, Inc. Key News
7.12 Spirax-Sarco Engineering plc
7.12.1 Spirax-Sarco Engineering plc Corporate Summary
7.12.2 Spirax-Sarco Engineering plc Heating Element Business Overview
7.12.3 Spirax-Sarco Engineering plc Heating Element Major Product Offerings
7.12.4 Spirax-Sarco Engineering plc Heating Element Sales and Revenue in Global (2017-2022)
7.12.5 Spirax-Sarco Engineering plc Key News
7.13 Minco Products, Inc.
7.13.1 Minco Products, Inc. Corporate Summary
7.13.2 Minco Products, Inc. Heating Element Business Overview
7.13.3 Minco Products, Inc. Heating Element Major Product Offerings
7.13.4 Minco Products, Inc. Heating Element Sales and Revenue in Global (2017-2022)
7.13.5 Minco Products, Inc. Key News
7.14 Tamman
7.14.1 Tamman Corporate Summary
7.14.2 Tamman Business Overview
7.14.3 Tamman Heating Element Major Product Offerings
7.14.4 Tamman Heating Element Sales and Revenue in Global (2017-2022)
7.14.5 Tamman Key News
7.15 Hotset GmbH
7.15.1 Hotset GmbH Corporate Summary
7.15.2 Hotset GmbH Business Overview
7.15.3 Hotset GmbH Heating Element Major Product Offerings
7.15.4 Hotset GmbH Heating Element Sales and Revenue in Global (2017-2022)
7.15.5 Hotset GmbH Key News
7.16 OMEGA (Spectris plc)
7.16.1 OMEGA (Spectris plc) Corporate Summary
7.16.2 OMEGA (Spectris plc) Business Overview
7.16.3 OMEGA (Spectris plc) Heating Element Major Product Offerings
7.16.4 OMEGA (Spectris plc) Heating Element Sales and Revenue in Global (2017-2022)
7.16.5 OMEGA (Spectris plc) Key News
7.17 Durex Industries
7.17.1 Durex Industries Corporate Summary
7.17.2 Durex Industries Business Overview
7.17.3 Durex Industries Heating Element Major Product Offerings
7.17.4 Durex Industries Heating Element Sales and Revenue in Global (2017-2022)
7.17.5 Durex Industries Key News
7.18 Indeeco
7.18.1 Indeeco Corporate Summary
7.18.2 Indeeco Business Overview
7.18.3 Indeeco Heating Element Major Product Offerings
7.18.4 Indeeco Heating Element Sales and Revenue in Global (2017-2022)
7.18.5 Indeeco Key News
7.19 Holroyd Components Ltd.
7.19.1 Holroyd Components Ltd. Corporate Summary
7.19.2 Holroyd Components Ltd. Business Overview
7.19.3 Holroyd Components Ltd. Heating Element Major Product Offerings
7.19.4 Holroyd Components Ltd. Heating Element Sales and Revenue in Global (2017-2022)
7.19.5 Holroyd Components Ltd. Key News
7.20 Wattco
7.20.1 Wattco Corporate Summary
7.20.2 Wattco Business Overview
7.20.3 Wattco Heating Element Major Product Offerings
7.20.4 Wattco Heating Element Sales and Revenue in Global (2017-2022)
7.20.5 Wattco Key News
7.21 Industrial Heater Corp.
7.21.1 Industrial Heater Corp. Corporate Summary
7.21.2 Industrial Heater Corp. Business Overview
7.21.3 Industrial Heater Corp. Heating Element Major Product Offerings
7.21.4 Industrial Heater Corp. Heating Element Sales and Revenue in Global (2017-2022)
7.21.5 Industrial Heater Corp. Key News
7.22 Friedr. Freek GmbH
7.22.1 Friedr. Freek GmbH Corporate Summary
7.22.2 Friedr. Freek GmbH Business Overview
7.22.3 Friedr. Freek GmbH Heating Element Major Product Offerings
7.22.4 Friedr. Freek GmbH Heating Element Sales and Revenue in Global (2017-2022)
7.22.5 Friedr. Freek GmbH Key News
8 Global Heating Element Production Capacity, Analysis
8.1 Global Heating Element Production Capacity, 2017-2028
8.2 Heating Element Production Capacity of Key Manufacturers in Global Market
8.3 Global Heating Element Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Heating Element Supply Chain Analysis
10.1 Heating Element Industry Value Chain
10.2 Heating Element Upstream Market
10.3 Heating Element Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Heating Element Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
List of Tables
Table 1. Key Players of Heating Element in Global Market
Table 2. Top Heating Element Players in Global Market, Ranking by Revenue (2021)
Table 3. Global Heating Element Revenue by Companies, (US$, Mn), 2017-2022
Table 4. Global Heating Element Revenue Share by Companies, 2017-2022
Table 5. Global Heating Element Sales by Companies, (K Units), 2017-2022
Table 6. Global Heating Element Sales Share by Companies, 2017-2022
Table 7. Key Manufacturers Heating Element Price (2017-2022) & (US$/Unit)
Table 8. Global Manufacturers Heating Element Product Type
Table 9. List of Global Tier 1 Heating Element Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Heating Element Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Heating Element Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Global Heating Element Revenue (US$, Mn), 2017-2022
Table 13. By Type - Global Heating Element Revenue (US$, Mn), 2023-2028
Table 14. By Type - Global Heating Element Sales (K Units), 2017-2022
Table 15. By Type - Global Heating Element Sales (K Units), 2023-2028
Table 16. By Application – Global Heating Element Revenue, (US$, Mn), 2021 & 2028
Table 17. By Application - Global Heating Element Revenue (US$, Mn), 2017-2022
Table 18. By Application - Global Heating Element Revenue (US$, Mn), 2023-2028
Table 19. By Application - Global Heating Element Sales (K Units), 2017-2022
Table 20. By Application - Global Heating Element Sales (K Units), 2023-2028
Table 21. By Region – Global Heating Element Revenue, (US$, Mn), 2021 VS 2028
Table 22. By Region - Global Heating Element Revenue (US$, Mn), 2017-2022
Table 23. By Region - Global Heating Element Revenue (US$, Mn), 2023-2028
Table 24. By Region - Global Heating Element Sales (K Units), 2017-2022
Table 25. By Region - Global Heating Element Sales (K Units), 2023-2028
Table 26. By Country - North America Heating Element Revenue, (US$, Mn), 2017-2022
Table 27. By Country - North America Heating Element Revenue, (US$, Mn), 2023-2028
Table 28. By Country - North America Heating Element Sales, (K Units), 2017-2022
Table 29. By Country - North America Heating Element Sales, (K Units), 2023-2028
Table 30. By Country - Europe Heating Element Revenue, (US$, Mn), 2017-2022
Table 31. By Country - Europe Heating Element Revenue, (US$, Mn), 2023-2028
Table 32. By Country - Europe Heating Element Sales, (K Units), 2017-2022
Table 33. By Country - Europe Heating Element Sales, (K Units), 2023-2028
Table 34. By Region - Asia Heating Element Revenue, (US$, Mn), 2017-2022
Table 35. By Region - Asia Heating Element Revenue, (US$, Mn), 2023-2028
Table 36. By Region - Asia Heating Element Sales, (K Units), 2017-2022
Table 37. By Region - Asia Heating Element Sales, (K Units), 2023-2028
Table 38. By Country - South America Heating Element Revenue, (US$, Mn), 2017-2022
Table 39. By Country - South America Heating Element Revenue, (US$, Mn), 2023-2028
Table 40. By Country - South America Heating Element Sales, (K Units), 2017-2022
Table 41. By Country - South America Heating Element Sales, (K Units), 2023-2028
Table 42. By Country - Middle East & Africa Heating Element Revenue, (US$, Mn), 2017-2022
Table 43. By Country - Middle East & Africa Heating Element Revenue, (US$, Mn), 2023-2028
Table 44. By Country - Middle East & Africa Heating Element Sales, (K Units), 2017-2022
Table 45. By Country - Middle East & Africa Heating Element Sales, (K Units), 2023-2028
Table 46. Zoppas Industries Corporate Summary
Table 47. Zoppas Industries Heating Element Product Offerings
Table 48. Zoppas Industries Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 49. NIBE Industrier AB Corporate Summary
Table 50. NIBE Industrier AB Heating Element Product Offerings
Table 51. NIBE Industrier AB Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 52. Watlow (Tinicum) Corporate Summary
Table 53. Watlow (Tinicum) Heating Element Product Offerings
Table 54. Watlow (Tinicum) Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 55. Zhenjiang Dongfang Electric Heating Technology Corporate Summary
Table 56. Zhenjiang Dongfang Electric Heating Technology Heating Element Product Offerings
Table 57. Zhenjiang Dongfang Electric Heating Technology Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 58. Hangzhou Heatwell Electric Heating Technology Co., Ltd. Corporate Summary
Table 59. Hangzhou Heatwell Electric Heating Technology Co., Ltd. Heating Element Product Offerings
Table 60. Hangzhou Heatwell Electric Heating Technology Co., Ltd. Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 61. Tutco Corporate Summary
Table 62. Tutco Heating Element Product Offerings
Table 63. Tutco Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 64. Sino-Japan Electric Heater Corporate Summary
Table 65. Sino-Japan Electric Heater Heating Element Product Offerings
Table 66. Sino-Japan Electric Heater Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 67. Headway Electric Heat Components Corporate Summary
Table 68. Headway Electric Heat Components Heating Element Product Offerings
Table 69. Headway Electric Heat Components Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 70. Thermowatt (Ariston Thermo) Corporate Summary
Table 71. Thermowatt (Ariston Thermo) Heating Element Product Offerings
Table 72. Thermowatt (Ariston Thermo) Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 73. Tempco Electric Heater Corporation Corporate Summary
Table 74. Tempco Electric Heater Corporation Heating Element Product Offerings
Table 75. Tempco Electric Heater Corporation Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 76. Thermon Group Holdings, Inc. Corporate Summary
Table 77. Thermon Group Holdings, Inc. Heating Element Product Offerings
Table 78. Thermon Group Holdings, Inc. Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 79. Spirax-Sarco Engineering plc Corporate Summary
Table 80. Spirax-Sarco Engineering plc Heating Element Product Offerings
Table 81. Spirax-Sarco Engineering plc Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 82. Minco Products, Inc. Corporate Summary
Table 83. Minco Products, Inc. Heating Element Product Offerings
Table 84. Minco Products, Inc. Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 85. Tamman Corporate Summary
Table 86. Tamman Heating Element Product Offerings
Table 87. Tamman Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 88. Hotset GmbH Corporate Summary
Table 89. Hotset GmbH Heating Element Product Offerings
Table 90. Hotset GmbH Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 91. OMEGA (Spectris plc) Corporate Summary
Table 92. OMEGA (Spectris plc) Heating Element Product Offerings
Table 93. OMEGA (Spectris plc) Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 94. Durex Industries Corporate Summary
Table 95. Durex Industries Heating Element Product Offerings
Table 96. Durex Industries Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 97. Indeeco Corporate Summary
Table 98. Indeeco Heating Element Product Offerings
Table 99. Indeeco Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 100. Holroyd Components Ltd. Corporate Summary
Table 101. Holroyd Components Ltd. Heating Element Product Offerings
Table 102. Holroyd Components Ltd. Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 103. Wattco Corporate Summary
Table 104. Wattco Heating Element Product Offerings
Table 105. Wattco Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 106. Industrial Heater Corp. Corporate Summary
Table 107. Industrial Heater Corp. Heating Element Product Offerings
Table 108. Industrial Heater Corp. Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 109. Friedr. Freek GmbH Corporate Summary
Table 110. Friedr. Freek GmbH Heating Element Product Offerings
Table 111. Friedr. Freek GmbH Heating Element Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 112. Heating Element Production Capacity (K Units) of Key Manufacturers in Global Market, 2020-2022 (K Units)
Table 113. Global Heating Element Capacity Market Share of Key Manufacturers, 2020-2022
Table 114. Global Heating Element Production by Region, 2017-2022 (K Units)
Table 115. Global Heating Element Production by Region, 2023-2028 (K Units)
Table 116. Heating Element Market Opportunities & Trends in Global Market
Table 117. Heating Element Market Drivers in Global Market
Table 118. Heating Element Market Restraints in Global Market
Table 119. Heating Element Raw Materials
Table 120. Heating Element Raw Materials Suppliers in Global Market
Table 121. Typical Heating Element Downstream
Table 122. Heating Element Downstream Clients in Global Market
Table 123. Heating Element Distributors and Sales Agents in Global Market
List of Figures
Figure 1. Heating Element Segment by Type
Figure 2. Heating Element Segment by Application
Figure 3. Global Heating Element Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Heating Element Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Heating Element Revenue, 2017-2028 (US$, Mn)
Figure 7. Heating Element Sales in Global Market: 2017-2028 (K Units)
Figure 8. The Top 3 and 5 Players Market Share by Heating Element Revenue in 2021
Figure 9. By Type - Global Heating Element Sales Market Share, 2017-2028
Figure 10. By Type - Global Heating Element Revenue Market Share, 2017-2028
Figure 11. By Type - Global Heating Element Price (US$/Unit), 2017-2028
Figure 12. By Application - Global Heating Element Sales Market Share, 2017-2028
Figure 13. By Application - Global Heating Element Revenue Market Share, 2017-2028
Figure 14. By Application - Global Heating Element Price (US$/Unit), 2017-2028
Figure 15. By Region - Global Heating Element Sales Market Share, 2017-2028
Figure 16. By Region - Global Heating Element Revenue Market Share, 2017-2028
Figure 17. By Country - North America Heating Element Revenue Market Share, 2017-2028
Figure 18. By Country - North America Heating Element Sales Market Share, 2017-2028
Figure 19. US Heating Element Revenue, (US$, Mn), 2017-2028
Figure 20. Canada Heating Element Revenue, (US$, Mn), 2017-2028
Figure 21. Mexico Heating Element Revenue, (US$, Mn), 2017-2028
Figure 22. By Country - Europe Heating Element Revenue Market Share, 2017-2028
Figure 23. By Country - Europe Heating Element Sales Market Share, 2017-2028
Figure 24. Germany Heating Element Revenue, (US$, Mn), 2017-2028
Figure 25. France Heating Element Revenue, (US$, Mn), 2017-2028
Figure 26. U.K. Heating Element Revenue, (US$, Mn), 2017-2028
Figure 27. Italy Heating Element Revenue, (US$, Mn), 2017-2028
Figure 28. Russia Heating Element Revenue, (US$, Mn), 2017-2028
Figure 29. Nordic Countries Heating Element Revenue, (US$, Mn), 2017-2028
Figure 30. Benelux Heating Element Revenue, (US$, Mn), 2017-2028
Figure 31. By Region - Asia Heating Element Revenue Market Share, 2017-2028
Figure 32. By Region - Asia Heating Element Sales Market Share, 2017-2028
Figure 33. China Heating Element Revenue, (US$, Mn), 2017-2028
Figure 34. Japan Heating Element Revenue, (US$, Mn), 2017-2028
Figure 35. South Korea Heating Element Revenue, (US$, Mn), 2017-2028
Figure 36. Southeast Asia Heating Element Revenue, (US$, Mn), 2017-2028
Figure 37. India Heating Element Revenue, (US$, Mn), 2017-2028
Figure 38. By Country - South America Heating Element Revenue Market Share, 2017-2028
Figure 39. By Country - South America Heating Element Sales Market Share, 2017-2028
Figure 40. Brazil Heating Element Revenue, (US$, Mn), 2017-2028
Figure 41. Argentina Heating Element Revenue, (US$, Mn), 2017-2028
Figure 42. By Country - Middle East & Africa Heating Element Revenue Market Share, 2017-2028
Figure 43. By Country - Middle East & Africa Heating Element Sales Market Share, 2017-2028
Figure 44. Turkey Heating Element Revenue, (US$, Mn), 2017-2028
Figure 45. Israel Heating Element Revenue, (US$, Mn), 2017-2028
Figure 46. Saudi Arabia Heating Element Revenue, (US$, Mn), 2017-2028
Figure 47. UAE Heating Element Revenue, (US$, Mn), 2017-2028
Figure 48. Global Heating Element Production Capacity (K Units), 2017-2028
Figure 49. The Percentage of Production Heating Element by Region, 2021 VS 2028
Figure 50. Heating Element Industry Value Chain
Figure 51. Marketing Channels
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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