Electric Industrial Heater Market Size - By Capacity (Low, Medium, High), By Product, By Application (Oil & Gas, Chemical, Food & Beverage, Manufacturing, Automotive), By Regional Outlook & Forecast, 2024 – 2032

Electric Industrial Heater Market Size

The global electric industrial heater market size in 2023 was valued at USD 1.32 billion and is estimated to grow at a rate of 6.5% by 2032. The increasing focus on energy-efficient and environmentally friendly heating solutions will have a positive impact on the business landscape. For instance, in 2023, the total value of investments made in Germany’s industrial, and logistics real estate went over USD 6 million.
 

Electric heaters are applicable across a broad spectrum of industries because they provide precise and even heating systems. It's worth mentioning that these electric heaters have a much improved tank to fuel ratio since virtually all energy they utilize is turned into heat and as such they are environmentally friendly as compared to conventional fuel burning heaters.

Electric Industrial Heater Market Trends

The product offers key benefits including smart technologies and connectivity features, which in turn will fuel the product penetration. This advancement enables remote monitoring, control, and optimization of heating systems, resulting in enhanced efficiency, minimized downtime and predictive maintenance. The demand for specialized process heaters is being driven by industries that require precise and consistent heating for their manufacturing processes. Moreover, the trends with regards to environmental conservation, and increased energy efficiency will influence adoption of industrial heaters in the future.

Electric Industrial Heater Market Analysis

The medium capacity electric industrial heater industry will exceed over USD 900 million by 2032. The prospects for this company’s expansion will be enhanced by the increasing application of such systems within confined spaces and for distinct localized heating requirements. Moreover, the integration of digital controls and automation is now taking off and this will consequently drive up the penetration of the product. This technological advancement allows for accurate temperature maintenance, programmable parameters, and remote surveillance of devices, thus improving the operational efficiency.
 

The duct heater electric industrial heater market size will witness growth rate of over 6% by 2032. The industries are compelled by the increasing need for environmental accountability to be in greater electric duct heaters by linearity of applications. There is now increasing interest in integrating renewable energy into the industrial heating system, as a response to the increased need for sustainable practices. The thing here includes solar thermal systems and biomass and waste heat recovery. The purpose of these methods is to lessen the reliance on fuels that are derived from fossils and have a hope of minimizing the emissions and in turn  broadening opportunities for the business.
 

The Asia Pacific electric industrial heater market is set to surpass USD 1 billion by 2032. These units are utilized in the chemical industry in processes of distillation which separates components of a mixture according to their boiling points thereby broadening the potential of the industry. In addition, the business landscape will also be enhanced by the widespread use of these systems which will dissolve substances and thereafter control the cooling so that crystallization of the desired compound can occur.
 

The growth of the automotive sector will further facilitate investment opportunities in the manufacturing industry. The growing consumer base as a consequence of better migration to urban centers will create increased demand for the numerous consumer products which will as a result expand the deployment of the product. Subsequently, the demands of industrial heaters have led to expansions in the textiles, plastics and electronics sectors, all of which use specialized heating processes and therefore expand the growth of the industry.
 

Electric Industrial Heater Market Share

ELMATIC is a leading manufacturer of industrial heaters and an innovator in quality heating solutions. The company specializes in custom built electric heating elements and systems for chemical, food, pharmaceuticals and HVAC industry. Its product range includes cartridge heaters, tubular heaters, immersion heaters and certain heaters meeting specific industrial requirements.
 

Electric Industrial Heater Market Companies

The key industry players include:

• Accutherm
• Auzhan Electric Appliances
• Backer Hotwatt
• Chromalox
• Electron Systems
• Dragon Power Electric Co.
• Durex Industries
• ELMATIC
• Elmec Heaters
• ExcelHeaters
• HEATCO
• Heatcon
• Heatrex
• Magma Technologies
• Marathon Heater
• Omega Engineering
• Powrmatic
• Tempco Electric Heater Corporation
• Tutco Frrnam
• Ulanet
• Warren Electric
• Watlow Electric Manufacturing Company
• Wattco
• Winterwarm Heating Solutions
   

Electric Industrial Heater Industry News

• In January 2024, Powermatic introduces a new EUX unit heater that is an eco-friendly electric heating solution. Designed for warehouses, factories, garages, workshops and even manufacturing facilities, this unit is a convenient way to heat a given space. It provides warmth as well as comfort with moderated heating, while boasting great eco-friendly features, is a great step towards the future.
   
• In May 2023, Warren Electric has announced the acquisition of Warren Electric by Nudyne Group. The deal was brokered by C. Morse & Goodrich. Invailing an electric immersion heater manufacturing company smoothly fits in with Wadies plans of a deeper industrial focus which makes this acquisition worthwhile in their eyes, Nudyne states. On its part, Warren Electric is looking forward to the synergy, confident that after being employed by Nudyne, they will continue to expand.
   

The electric industrial heater market research report includes in-depth coverage of the industry with estimates & forecast in terms of “Units” & “USD Million” from 2021 to 2032, for the following segments:

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Market, By Capacity

• Low
• Medium
• High

Market, By Product

• Pipe heater
• Duct heater
• Cartridge heater
• Immersion heater
• Circulation heater 

Market, By Application

• Oil & gas
• Chemical
• Food & beverage
• Manufacturing
• Automotive
• Others

The above information has been provided for the following regions and country:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • France
  • Netherlands
  • Spain
  • Norway
  • UK
  • Sweden
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Thailand
  • Singapore
  • Malaysia
  • Philippines
  • Vietnam
  • Indonesia
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Iran
  • Iraq
  • Turkey
  • South Africa
• Latin America
  • Brazil
  • Chile
  • Argentina