Electric Industrial Heater Market Size - By Product (Pipe Heater, Duct Heater, Cartridge Heater, Immersion Heater, Circulation Heater), By Application (Oil & Gas, Chemical, Food & Beverage, Manufacturing, Automotive), By Capacity & Forecast, 2024 – 2032

Electric Industrial Heater Market Size - By Product (Pipe Heater, Duct Heater, Cartridge Heater, Immersion Heater, Circulation Heater), By Application (Oil & Gas, Chemical, Food & Beverage, Manufacturing, Automotive), By Capacity & Forecast, 2024 – 2032

Electric Industrial Heater Market Size

Electric Industrial Heater Market was valued at USD 1.32 billion in 2023 and is estimated to grow at a CAGR of over 6.5% from 2024 to 2032. The increasing focus on energy-efficient and environmentally friendly heating solutions will have a positive impact on the business landscape.

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Electric industrial heaters are essential components in various industrial applications, offering precise and consistent heating solutions. These heaters are highly efficient, converting almost all the electrical energy they consume into heat, making them an eco-friendly option compared to traditional fuel-based heaters. The integration of smart technologies and connectivity features in modern electric industrial heaters allows for remote monitoring, control, and optimization, leading to improved operational efficiency, reduced downtime, and predictive maintenance.
 

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Electric Industrial Heater Market Trends

The product offers key benefits including smart technologies and connectivity features, which in turn will fuel the product penetration. This advancement enables remote monitoring, control, and optimization of heating systems, resulting in enhanced efficiency, minimized downtime and predictive maintenance. The demand for specialized process heaters is being driven by industries that require precise and consistent heating for their manufacturing processes. Additionally, increasing awareness of environmental concerns and energy efficiency will drive the adoption of industrial heaters.

Electric Industrial Heater Market Analysis

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The medium capacity electric industrial heater industry will exceed over USD 900 million by 2032. The growing use of these systems in smaller spaces and for specific localized heating needs will benefit the business landscape. The adoption of digital controls and automation is gaining momentum, which in turn will fuel the product penetration. This advancement enables precise temperature control, programmable settings, and remote monitoring, thereby enhancing operational efficiency.

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The duct heater electric industrial heater market size will witness growth rate of over 6% through 2032. The rising emphasis on environmental sustainability is pushing industries to adopt electric duct heaters across wide tandem of application areas. The drive for sustainable practices has spurred growing interest in incorporating renewable energy sources into industrial heating systems. This includes the use of solar thermal systems, waste heat recovery solutions and biomass heating. These methods aim to reduce dependence on fossil fuels and lower overall emissions, accelerating the business potential.

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Asia Pacific electric industrial heater market is set to surpass USD 1 billion by 2032. These units are utilized in the chemical industry for distillation processes, which involve separating components of a mixture based on their boiling points, thereby enhancing industry potential. Additionally, the widespread use of these systems to dissolve substances and then control the cooling process to induce crystallization of the desired compound will further augment the business landscape.

The flourishing automotive sector coupled with rising investments in the manufacturing sector will invigorate business dynamics. The increasing urbanization rate and growing population rate will boost demand for consumer goods, driving the product deployment. Consequently, this demand has stimulated growth in industries comprising of textiles, plastics, and electronics, all of which rely on specialized heating processes, thereby accelerating the industry growth.

Electric Industrial Heater Market Share

ELMATIC is one of the leading manufacturers and supplier of industrial heaters, renowned for its high-quality products and innovative heating solutions. Specializing in custom-designed electric heating elements and systems, the company caters to a wide range of industries, including chemical processing, food production, pharmaceuticals, and HVAC. Its product portfolio includes cartridge heaters, tubular heaters, immersion heaters, and custom-designed heating solutions tailored to specific industrial requirements.

Electric Industrial Heater Market Companies

The key industry players include

• Accutherm
• Auzhan Electric Appliances
• Backer Hotwatt
• Chromalox
• Electron Systems
• Dragon Power Electric Co.
• Durex Industries
• ELMATIC
• Elmec Heaters
• ExcelHeaters
• HEATCO
• Heatcon
• Heatrex
• Magma Technologies
• Marathon Heater
• Omega Engineering
• Powrmatic
• Tempco Electric Heater Corporation
• Tutco Frrnam
• Ulanet
• Warren Electric
• Watlow Electric Manufacturing Company
• Wattco
• Winterwarm Heating Solutions

Electric Industrial Heater Industry News

• In January 2024, Powermatic has launched the new EUX unit heater which is an eco-friendly electric heating solution. Specifically designed for warehouses, factories, garages, workshops, and manufacturing facilities, this unit offers an energy-efficient way for businesses to heat their spaces. It delivers exceptional warmth and comfort while featuring impressive eco-friendly attributes, marking a significant step toward a greener future.
• In May 2023, Warren Electric announced that they have been acquired by the Nudyne Group's facilitated by Carter Morse & Goodrich. Nudyne's strategic move enhances its industrial water heating capabilities by integrating Warren's expertise in electric immersion heaters. Warren Electric, expresses confidence in the partnership, foreseeing sustained success under Nudyne's ownership.

This electric industrial heater market research report includes in-depth coverage of the industry with estimates & forecast in terms of “Units” & “USD Million” from 2021 to 2032, for the following segments

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Market, By Capacity

• Low
• Medium
• High

Market, By Product

• Pipe Heater
• Duct Heater
• Cartridge Heater
• Immersion Heater
• Circulation Heater 

Market, By Application

• Oil & Gas
• Chemical
• Food & Beverage
• Manufacturing
• Automotive
• Others

The above information has been provided for the following regions and country

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • France
  • Netherlands
  • Spain
  • Norway
  • UK
  • Sweden
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Thailand
  • Singapore
  • Malaysia
  • Philippines
  • Vietnam
  • Indonesia
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Iran
  • Iraq
  • Turkey
  • South Africa
• Latin America
  • Brazil
  • Chile
  • Argentina