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Industrial Heater Market Trends

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

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Industrial Heater Market Trends

Growing emphasis on energy-efficient and environmentally friendly heating solutions will positively impact the business landscape. Industrial heaters were increasingly incorporating smart technologies and connectivity features. This allowed for remote monitoring, control, and optimization of heating systems, leading to improved efficiency, reduced downtime, and predictive maintenance. Industries requiring precise and consistent heating for manufacturing processes were driving the demand for specialized process heaters.

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.