Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Flexible Heating Element Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.2% during the review period (2022 to 2027).
A flexible heating element is an electrically resistive heater that can be used for many purposes. The flexibility of the material allows it to conform to any shape, which makes these elements ideal in a wide variety of situations where space constraints are present. These include spaces like microwaves, ovens, and under cars for heat treatment or even being placed on the edge of a table or desk for heat relief.
The global consumption of flexible heaters depends upon the rising demand for various end-use industries such as automotive, aerospace, and food and beverages. There is increasing consumption of electronics and digital devices, including temperature-resistant detectors, liquid crystal displays (LCDs), commercial food equipment, 3D printers, surgical devices, and other smart devices. Moreover, improvements in flexible heaters with advanced technology and reduction in costs are attributed to their increasing usage. All such factors are expected to drive the global flexible heaters market over the forecast period.
Major applications for flexible heating elements include telecommunication, vehicles monitoring, pharmaceutical, packaging, food and various consumer products. Flexible heating elements are thin and can be used in areas that have less space and installed around tight corners and complex shapes. With the help of flexible heating elements, multiple circuits and multiple voltages in a single element are now an option.
Industry development:
7/26/2018:Watlow®, an industry leader in the design and manufacture of complete thermal systems, is pleased to introduce its new heater product catalog titled, “Heating Solutions; Thermal Systems for Every Application.”
Top Key Players in the Flexible Heating Element Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Flexible Heating Element Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report include NIBE Element, Minco, Watlow, Chromalox, Winkler GmbH, Hotspot, OMEGA, Zoppas, Holroyd Components, Honeywell, Friedr. Freek, Heatron, Electricfor, Wattco, Horn, Buccan, Durex Industries, THERMELEC LIMITED, and others.
Flexible Heating Element Market is segmented based on the type, applications, companies, and regions.
By Type
By the end user’s
The Asia Pacific is expected to witness robust growth in the demand for flexible heating elements Market during the forecast period, which can be attributed to the increasing use of these elements in food, semiconductor, and pharmaceutical industries. China is expected to dominate the flexible heating element market in terms of production as the country has a high number of manufacturers and distributors of these elements when compared with other regions.North America and Europe are expected to witness significant growth in the demand for flexible heating elements Market during the forecast period, which can be attributed to the growing semiconductor industry in the U.S & Germany, coupled with growth in the food industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 4.2% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | NIBE Element, Minco, Watlow, Chromalox, Winkler GmbH, Hotspot, OMEGA, Zoppas, Holroyd Components, Honeywell, Friedr. Freek, Heatron, Electricfor, Wattco, Horn, Buccan, Durex Industries, THERMELEC LIMITED, and others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 119 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Flexible Heating Element Market is studied from 2017 - 2027.
What is the growth rate of Flexible Heating Element Market?
The Flexible Heating Element Market is growing at a CAGR of 4.2% over the next 5 years.
Who are the leading key players in Flexible Heating Element Market?
NIBE Element, Minco, Watlow, Chromalox, Winkler GmbH, Hotspot, OMEGA, Zoppas, Holroyd Components, Honeywell, Friedr. Freek, Heatron, Electricfor, Wattco, Horn, Buccan, Durex Industries, THERMELEC LIMITED, and others.
What regions do this Flexible Heating Element Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What is the significant Types of Flexible Heating Element Market?
Silicon Rubber Insulated, Foil, Kapton/Polyimide Insulated, Carbon, Others
What is the significant Applications of Flexible Heating Element Market?
Food Industry, Semiconductor Industry, Pharmaceutical industry, Transportation, Residential, Others
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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