Home / Blog
Global Electric Heating Element Market Is Valued At USD 8571.0 Million In 2017
Tuesday, 07 Jul, 2020
Electric Heating Element market, a heating element converts electricity into heat through the process of resistive or Joule heating. Electric current passing through the element encounters resistance, resulting in heating of the element. Unlike the Peltier effect, this process is independent of the direction of current flow.

A typical Electric heating element is usually a coil, ribbon (straight or corrugated), or strip of wire that gives off heat much like a lamp filament. When an electric current flows through it, it glows red hot and converts the electrical energy passing through it into heat, which it radiates out in all directions.

Currently, there are many manufacturers companies in the world. The main market players are NIBE, Watlow, Chromalox, Zhenjiang Dongfang Electric Heating Technology Co.,Ltd, Friedr. Freek GmbH, OMEGA, Zoppas Industries, Thermowatt, Tutco Heating Solutions Group, Tempco Electric Heating Element Corporation and so on. Global sales value of Electric Heating Element is about 8571.0 Million USD in 2017. 

In consumption market, the Asia-Pacific consumption value has increased to 2706.6 Million USD in 2017 and occupy a 31.58% market share.

Europe is the second consumption regions of Electric Heating Element, with a sales value market share nearly 27.72% in 2017.

Electric Heating Element used in industry including Chemical & Plastics Industry, Pharmaceutical Industry, Transportation, Appliances and Others. Report data showed that 34.36% of the Electric Heating Element market demand in Chemical & Plastics Industry, 28.29% in Appliances for global region in 2017. 

There are seven kinds of Electric Heating Element, which are including Immersion Heaters, Tubular Heaters Circulation Heaters, Band Heaters, Strip Heaters, Coil Heaters and Flexible Heaters. Flexible Heaters is important in the Electric Heating Element, with a 38.08% consumption revenue market share nearly in 2017.

Briefly speaking, in the next few years, Electric Heating Element industry will still be a relative steady industry. Sales of Electric Heating Element have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.