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Duct Industrial Heater Market Analysis

  • Report ID: GMI11034
  • Published Date: Aug 2024
  • Report Format: PDF

Duct Industrial Heater Market Analysis

The electric fired duct industrial heater industry will exceed over USD 800 million by 2032, driven by a combination of technological advancements and increasing demand across various industries. Shifting trend toward energy-efficient and environmentally friendly heating solutions along with increasing inclination to reduce carbon footprint in line with global sustainability goals will positively impact the industry landscape.
 

Duct Industrial Heater Market Revenue Share, By Capacity, 2023

The low-capacity duct industrial heater market size will witness growth rate of over 5% through 2032. These heaters are increasingly favored in industries where space is limited or where precise temperature control is required in smaller areas including laboratories, small-scale manufacturing units, and specialized processing plants. Furthermore, the increasing availability of customizable and modular heater designs allows industries to tailor heating solutions to specific needs, enhancing operational flexibility.
 

Asia Pacific Duct Industrial Heater Market Size, 2022 - 2032 (USD Million)

Asia Pacific duct industrial heater market is set to surpass USD 1.2 billion by 2032. The demand for energy-efficient heating solutions is on the rise owing to stringent environmental regulations and the need for cost-effective operations. Additionally, the growing emphasis on renewable energy sources and the integration of electric heating systems are contributing to the industry expansion. The increasing awareness of energy conservation and the push towards sustainable industrial practices are set to further propel the business scenario.
 

The U.S. duct industrial heater market has been experiencing significant growth, driven by increasing demand across various industries such as manufacturing, chemicals, and food processing. A key trend is the shift toward energy-efficient and environmentally friendly heating solutions, prompted by stringent government regulations on emissions and energy consumption. The rise in industrial automation and the ongoing expansion of sectors including petrochemicals and pharmaceuticals further bolster the demand for these heaters.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of duct industrial heater was worth over USD 2.15 billion in 2023 and is set to grow at 5.2% CAGR through 2032, driven by growing awareness of environmental issues and energy efficiency.

The electric fired duct industrial heater market will exceed USD 800 million by 2032, driven by technological advancements.

Asia Pacific duct industrial heater market is set to surpass USD 1.2 billion by 2032, owing to stringent environmental regulations.

Bucan, Chromalox, Durex Industries, ELMATIC, Elmec Heaters, and ExcelHeaters among others.

Duct Industrial Heater Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 22
  • Tables & Figures: 45
  • Countries covered: 31
  • Pages: 150
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