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Industrial Heater Market Size

Report ID: GMI6725
Published Date: Dec 2024
Report Format: PDF

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Industrial Heater Market Size

The global industrial heater market was valued at USD 5.5 billion in 2024 and is estimated to grow at a CAGR of 5.1% from 2025 to 2034, driven by increasing demand across wide multitude of application areas. With advancements in technology, there is a rising preference for energy-efficient and eco-friendly heating solutions.

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An industrial heater is a system or device designed to produce and deliver controlled heat for a variety of industrial processes and applications. These heaters play a vital role across numerous industries, supporting tasks including heating liquids, gases, air, or solids, and maintaining precise temperatures for processes like manufacturing, drying, curing and more. Additionally, the adoption of 4.0 technologies is fostering the integration of IoT and smart controls in industrial heating systems, enhancing operational efficiency and maintenance.

Industrial Heater Market Report Attributes
Report Attribute	Details
Base Year:	2024
Industrial Heater Market Size in 2024:	USD 5.5 Billion
Forecast Period:	2025 to 2034
Forecast Period 2025 to 2034 CAGR:	5.1%
2034 Value Projection:	USD 9.1 Billion
Historical Data for:	2021 – 2024
No. of Pages:	145
Tables, Charts & Figures:	45
Segments covered:	Technology, Capacity, Product, Application and Region
Growth Drivers:	Flourishing industrial sector Increasing investments toward the development of manufacturing sector Stringent government regulations related to emissions Integration of renewable energy sources
Pitfalls & Challenges:	High initial investment

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Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The global market for industrial heater was reached USD 5.5 billion in 2024 and is estimated to grow at a 5.1% CAGR from 2025 to 2034, driven by increasing demand across diverse application areas.

The electric industrial heater industry will exceed USD 2 billion by 2034, led by rising awareness of environmental issues and the importance of energy efficiency.

The duct industrial heater market size will witness a growth rate of over 5% through 2034, fueled by the drive for sustainability and the incorporation of renewable energy sources.

The U.S. industrial heater market is set to reach over USD 1.5 billion by 2034, propelled by the adoption of digital controls and automation, enabling precise temperature regulation and remote monitoring.

Major players in the industrial heater industry include Accutherm, Auzhan Electric Appliances, Backer Hotwatt, Chromalox, Dragon Power Electric, Durex Industries, Elmec Heaters, Elmatic, ExcelHeaters, Heatcon, Heatrex, Heatco, Indeeco, Magma Technologies, Marathon Heater, Omega Engineering, Powrmatic, Tempco Electric Heater, Thermal, Tutco Frrnam, Ulanet, Warren Electric, Watlow Electric Manufacturing, and Winterwarm Heating Solutions.