An infrared heater is a body with a higher temperature which transfers energy to a body with a lower temperature through electromagnetic radiation. Depending on the temperature of the emitting body, the wavelength of the peak of the infrared radiation ranges from 780 nm to 1 mm. No contact or medium between the two bodies is needed for the energy transfer. Infrared heaters can be operated in vacuum or atmosphere.
For industry structure analysis, the Infrared Heaters industry
is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 45 % of the revenue market. Regionally, Europe is the biggest area which took about 39.21% of the global revenue in 2016.
The sales of Infrared Heaters increased from 2.85 million units in 2012 to 3.59 million units in 2016 with an average growth rate of 5.93%.
The consumption market is greatly affected by the global climate distribution. Asia-Pacific occupied 35.75% of the sales market in 2016. It is followed by Europe and North America, which respectively account for around 33.53% and 20.82% of the global total industry. Other countries have a smaller amount of consumption volume.
For price trend analysis, a key variable in the performance of Infrared Heaters producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
For forecast, the global Infrared Heaters revenue would keep increasing with annual growth rate with about 5% due to global economic recovery. We tend to believe that this industry still has a good future, considering the current demand of Infrared Heaters.