At 3.7% CAGR, Global Electric Heater Market Size to Witness Remarkable Gains by 2028

By Ashwin Naphade  | Date: January 06, 2023

At 3.7% CAGR, Global Electric Heater Market Size to Witness Remarkable Gains by 2028

MarketStudyReport.com offers report on Electric Heater Market that evaluates industry growth trends through historical data and estimates prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2022-2028.

Global Electric Heater Market Size was estimated at USD 8384 million in 2021 and is projected to reach USD 10810 million by 2028, exhibiting a CAGR of 3.7% during the forecast period.

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Top companies covered in this report:

Zoppas Industries

NIBE

Watlow (Tinicum)

Zhenjiang Dongfang Electric Heating Technology

Spirax-Sarco Engineering plc

Tutco

Thermon

Thermowatt (Ariston Thermo)

Tempco Electric Heater Corporation

Global Electric Heater Market Segmentation:

Global Electric Heater Market Research report comprises of Porter's five forces analysis to do the detail study about its each segmentation.

By Type, Electric Heater market has been segmented into:

Immersion Heaters

Tubular Heaters

Circulation Heaters

Band Heaters

Strip Heaters

Coil Heaters

Flexible Heaters

By Application, Electric Heater market has been segmented into:

Chemical & Plastics Industry

Pharmaceutical Industry

Transportation

Appliances

Regional Analysis:

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

South America (Brazil, Argentina, Rest of SA)

Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

Global Electric Heater Market report main highlights:

Electric Heater Market Forecast by regions, type and application, with sales and revenue from 2022 to 2028.

Electric Heater Market share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.

Electric Heater Market size (sales, revenue) forecast by regions and countries.

The Global Electric Heater Market growth is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2028.

Electric Heater Market trends for development and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed, and overall research conclusions offered.

Electric Heater Market report also mentions market share accrued by each product in the market, along with the production growth.

Frequently Asked Questions (FAQ):

Q1. What is the CAGR that Electric Heater Market is expected to register through the projected duration?

Answer: The Electric Heater Market is likely to register a CAGR of 3.7% over the forecast period.

Q2. How much is the Electric Heater Market expected to be worth by the end of the year 2028?

Answer: Electric Heater Market is likely to surpass a mammoth of USD 10810 million by the end of 2028.

Q3. Which are the Key Players in Global Electric Heater Market?

Answer: Zoppas Industries, NIBE, Watlow (Tinicum), Zhenjiang Dongfang Electric Heating Technology.

For more details on this report: https://www.marketstudyreport.com/reports/global-electric-heater-market-research-report-2022                                     

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About Author

Ashwin Naphade     ibmag.com

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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