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Industrial Heater Market Share

Report ID: GMI6725
Published Date: Sep 2023
Report Format: PDF

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Industrial Heater Market Share

Prominent companies operating in the industrial heater market include

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

These companies are focusing on marketing strategies, technological advancements, brand recognition and economies of scale to meet the competition prevailing in the industry.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of industrial heater was worth over USD 5.3 billion in 2023 and will cross USD 8.2 billion by 2032, due to the growing emphasis on energy-efficient and environmentally friendly heating solutions worldwide.

The electric segment held over 20% share of the industrial heater market in 2022 and will incur significant growth from 2023 to 2032, on account the increasing awareness towards environmental concerns and energy efficiency among consumers.

China industrial heater industry recorded USD 495.8 million in 2022 and is expected to witness appreciable growth from 2023 to 2032, owing to flourishing automotive sector along with increasing investments toward the development of manufacturing sector in the region.

Tempco Electric Heater Corporation, Powrmatic, Chromalox, Heatrex, Ulanet, Durex Industries, Tutco Frrnam, Backer Hotwatt, Accutherm, Warren Electric, Marathon Heater, Omega Engineering, and Elmec Heaters are some of the major industrial heater companies worldwide.