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Electric Industrial Heater Market Trends

Report ID: GMI10358
Published Date: Jul 2024
Report Format: PDF

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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. Additionally, increasing awareness of environmental concerns and energy efficiency will drive the adoption of industrial heaters.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of electric industrial heater was worth over USD 1.32 billion in 2023 and will register 6.5% CAGR between 2024 and 2032, due to increasing industrialization, growing emphasis on energy efficiency and stringent regulatory standards.

The duct heater electric industrial heater market will witness 6% CAGR through 2032, driven by its efficiency in heating ventilation systems across various industries and the expansion of industrial infrastructure and stringent regulations promoting energy-efficient heating solutions.

Asia Pacific electric industrial heater industry will exceed USD 1 billion by 2032, attributed to the region's burgeoning manufacturing sector and expanding industrial infrastructure.

Companies including Auzhan Electric Appliances, Electron Systems, Dragon Power Electric Co., Durex Industries, ELMATIC, HEATCO, Magma Technologies, Marathon Heater, Omega Engineering, Warren Electric, and Watlow Electric Manufacturing Company are operating in the electric industrial heater industry.