About Flexible Heater
A flexible heater is a chemically made, scree printed or wire wound heater that can be bent or flexed to comply with the contour of the surface which needs heating. These heaters are rugged, efficient, reliable and have characteristics that make the flexible heater chemical and moisture resistant. As they can be bonded or adhered to any type and size of the substrate. The flexible heaters are lightweight, thin and are also suitable for any adverse harsh environment conditions, vacuum application and can be operated at temperature up to 500°F/260°C intermittent and 392°F/200°C continuous.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2021 |
Unit | Value (USD Million) |
CAGR | 7.1% |
The flexible heater market is highly competitive, the companies are adopting expansions, investments and new launches as their planned strategies. The companies are exploring new market and region through the geographical expansions and acquisitions to sustain in the market against the other strong players maintaining their competitive advantage. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Flexible Heater market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Honeywell International Inc. (United States), OMEGA Engineering (United States), Watlow Electric Manufacturing Co. (United States), Chromalox, Inc. (United States), Heatron, Inc (United States), Thermo L.L.C (UAE), Tempco Electric Heater Corporation (United States), Holroyd Components Ltd (United Kingdom), Birk Manufacturing Inc. (United States), Winkler AG (Germany) and Industrial Heater Corp. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Keenovo International Group Limited (China), Tutco Inc (United States) and Hotset GmbH (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Flexible Heater market by Type (Silicone Rubber Heaters, Polyimide/Kapton Film Heaters, Carbon Printed Heaters, Transparent Heaters and Others), Application (Industrial, Commercial and Military) and Region.
On the basis of geography, the market of Flexible Heater has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Verticals, the sub-segment i.e. Medical Industry will boost the Flexible Heater market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Elements, the sub-segment i.e. Wire-Wound Elements will boost the Flexible Heater market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Production of Flexible Heaters with Mounting Technology and Technological Advancement in Flexible Heaters
Market Growth Drivers:
The increasing demand for the higher level of physical strength in heaters for various industrial heating applications, for surviving the abrasive forces in the industrial environment. These flexible heaters are short as well as long production runs to allow higher watt densities and rapid heat up qualities.
Challenges:
More Number of Players Leading to More Competition
Restraints:
Stringent Regulatory Standards and Safety Related Issues Involved with Flexible Heaters
Opportunities:
Continuous Research and Development in Industrial Activities will Boost the Flexible Heating Market and Rising Number of Industry Expansion in Developing Economies
Market Leaders and their expansionary development strategies
In October 2023, British Gas Launches Dimplex Quantum Tariff: The Smart Tariff that Decarbonises The UK’s most advanced electric storage heating tariff for use with the Dimplex Quantum Storage Heater.
In November 2023, Daikin unveils details about two new VRV 51) heat pump systems set to hit the market in the first half of 2024. With expanded capacities for the Mini-VRV system of up to 33.5 kW and a new Top-Blow series reaching 56 kW, Daikin is expanding its portfolio for the decarbonization of commercial buildings.
Key Target Audience
Flexible Heater Manufacturers, Flexible Heater International Traders, Flexible Heater Distributors and Suppliers, Research and Development Institutes, Potential Investors, Upstream and Downstream Buyers, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.