Global Heating Coil Market Insights, Forecast to 2025
This report studies the Heating Coil market, which converts electricity into heat through the process of resistive.
As international economic situation is complicated, in the next few years there will be many uncertainties. Due to the government’ policy and the high sales of Heating Coil in the international market, the current demand for Heating Coil product is relatively stable in the mature market, such as North America and Europe, but the demand in China is relatively higher due to the downstream demand.
Heating Coil is mainly manufactured and sold by Sandvik Materials Technology, ZI Heating Element Technologies, Escorts Limited, Kawai Electric Ltd, Watlow Electric Manufacturing,
WATTCO, Tutco, Rama Corp, Marathon Heater, SHANGHAI MINKVON INDUSTRY CO., LTD, Backer Hotwatt, Inc, Sunrise Products, HC Coils, NTT Heating, JFD Tube & Coil Products Inc; and these companies occupied about 30.32% market share in 2016.
Geographically, Europe is the largest sales market in the world, which took about 18.43 percent of the global consumption volume in 2016. But Europe shared 22.72% of global total revenue.
The Heating Coil market was valued at 10900 Million US$ in 2018 and is projected to reach 13700 Million US$ by 2025, at a CAGR of 2.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Heating Coil.
This report presents the worldwide Heating Coil market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Sandvik Materials Technology
ZI Heating Element Technologies
Escorts Limited
Kawai Electric Ltd.
Watlow Electric Manufacturing
WATTCO
Tutco
Rama Corp
Marathon Heater
SHANGHAI MINKVON INDUSTRY CO., LTD
Backer Hotwatt, Inc
Sunrise Products
HC Coils
NTT Heating
JFD Tube & Coil Products Inc
Heating Coil Breakdown Data by Type
Tubular Heater
Cartridge Heaters
Band Heaters
Others
Heating Coil Breakdown Data by Application
HVAC Industry
Industrial Equipment
Home Application
Others
Heating Coil Production by Region
United States
Europe
China
Japan
Other Regions
Heating Coil Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Heating Coil status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Heating Coil manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Heating Coil :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (M Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Heating Coil market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
As international economic situation is complicated, in the next few years there will be many uncertainties. Due to the government’ policy and the high sales of Heating Coil in the international market, the current demand for Heating Coil product is relatively stable in the mature market, such as North America and Europe, but the demand in China is relatively higher due to the downstream demand.
Heating Coil is mainly manufactured and sold by Sandvik Materials Technology, ZI Heating Element Technologies, Escorts Limited, Kawai Electric Ltd, Watlow Electric Manufacturing,
WATTCO, Tutco, Rama Corp, Marathon Heater, SHANGHAI MINKVON INDUSTRY CO., LTD, Backer Hotwatt, Inc, Sunrise Products, HC Coils, NTT Heating, JFD Tube & Coil Products Inc; and these companies occupied about 30.32% market share in 2016.
Geographically, Europe is the largest sales market in the world, which took about 18.43 percent of the global consumption volume in 2016. But Europe shared 22.72% of global total revenue.
The Heating Coil market was valued at 10900 Million US$ in 2018 and is projected to reach 13700 Million US$ by 2025, at a CAGR of 2.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Heating Coil.
This report presents the worldwide Heating Coil market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Sandvik Materials Technology
ZI Heating Element Technologies
Escorts Limited
Kawai Electric Ltd.
Watlow Electric Manufacturing
WATTCO
Tutco
Rama Corp
Marathon Heater
SHANGHAI MINKVON INDUSTRY CO., LTD
Backer Hotwatt, Inc
Sunrise Products
HC Coils
NTT Heating
JFD Tube & Coil Products Inc
Heating Coil Breakdown Data by Type
Tubular Heater
Cartridge Heaters
Band Heaters
Others
Heating Coil Breakdown Data by Application
HVAC Industry
Industrial Equipment
Home Application
Others
Heating Coil Production by Region
United States
Europe
China
Japan
Other Regions
Heating Coil Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Heating Coil status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Heating Coil manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Heating Coil :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (M Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Heating Coil market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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