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Global Thick Film Heater Market Share, Size, Growth, Report, Analysis, Forecast: By Product: Metal Thick Film Heater, Ceramic Thick Film Heater; By Application: Appliances, Medical Equipment, Industrial, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028
Global Thick Film Heater Market Outlook
The global thick film heater market size attained a value of USD 106.3 billion in 2022. The market is further expected to grow at a CAGR of 4.40% between 2023 and 2028, reaching a value of USD 136.8 billion by 2028.
Key Trends in the Market
A thick film heater refers to a type of heating element which is made up of combination of layers and components such as dielectric, conductor, resistive ink, and stainless-steel substrate, which dictate the thermal properties of the thick film heater. This heating appliance is reliable and offers rapid heat-up capabilities, making it widely applicable across the industrial sector.
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- Heightening applications of thick film heaters across various end use sectors including medical, automotive, household appliances, pharmaceutical, and power generation, among others, is driving the thick film heater market growth.
- Growing research and development activities by leading manufacturers to develop compact thick film heaters with longer service life are likely to lead to a transition from traditional heaters to thick film heaters in the forecast period.
- The quick rise in temperature feature offered by thick film heaters, which saves significant amount of energy, is a key trend in the market owing to the extensive electricity saving measures of various governments.
Global Thick Film Heater Market Analysis
Based on product, the thick film heater market segmentation is metal thick film heater and ceramic thick film heater. On the basis of application, the market is classified into appliances, medical equipment, and industrial, among others. The regional markets for thick film heater are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global thick film heater market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
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- Chromalox, Inc
- Datec Coating Corporation
- Ferro Techniek B.V.
- Noritake Co., Limited
- Heatron, Inc
- Thermo Heating Elements, LLC
- Sedes Group Heating Elements
- Hugeworth Industry Limited
- Flexitech Avia
- Others
Global Thick Film Heater Market Share by Product
Ceramic thick film heaters, based on product, accounts for a healthy share of the market for thick film heaters. The easy operability, enhanced safety, superior strength, excellent ductility, and flexibility, among several other advantages offered by ceramic thick film heaters, are driving the segment’s growth. The growing demand for compact and stable thick film heaters from the medical sector, to provide heat for sample stability and chemical reaction, is escalating the demand for ceramic thick film heaters across healthcare unites and research laboratories.
Global Thick Film Heater Market Share by Application
Industrial applications account for a significant share of the thick film heater market, supported by the increasing thermal demands from various industrial sectors such as power generation, petrochemical, food and beverage, and oil and gas, among others. Thick film heaters are a critical component in the automobile manufacturing process owing to its usage in cold weather battery warming, motor heating, maintenance of fuel cell temperature, mirror defogging, and cabinet comfort heating, among others. Over the forecast period, the anticipated increase in demand for electric and hybrid vehicles is likely to propel the applications of thick film heater in the industrial sector.
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Competitive Landscape
Chromalox, Inc is a leading manufacturer and supplier of electric heat and control products, as well as industrial heating appliances. It was founded in 1917 and is headquartered in Pennsylvania, United States.
Datec Coating Corporation was established in 1995 and is currently headquartered in Ontario, Canada. The company offers commercial food warming, medical, automotive, and electronic solutions, among others.
Ferro Techniek B.V. is a prominent metal processing company offering products such as thick film elements, flow through heaters, and thick film streamers. The establishment of this company took place in 1933 and is headquartered in Gelderland in the Netherlands.
Other market players include Noritake Co., Limited, Heatron, Inc, Thermo Heating Elements, LLC, Sedes Group Heating Elements, Hugeworth Industry Limited, and Flexitech Avia, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Thick Film Heater Market Analysis
8.1 Key Industry Highlights
8.2 Global Thick Film Heater Historical Market (2018-2022)
8.3 Global Thick Film Heater Market Forecast (2023-2028)
8.4 Global Thick Film Heater Market by Product
8.4.1 Metal Thick Film Heater
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Ceramic Thick Film Heater
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Thick Film Heater Market by Application
8.5.1 Appliances
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Medical Equipment
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Industrial
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Thick Film Heater Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Thick Film Heater Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Thick Film Heater Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Thick Film Heater Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Thick Film Heater Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Thick Film Heater Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Chromalox, Inc
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Datec Coating Corporation
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Ferro Techniek B.V.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Noritake Co., Limited
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Heatron, Inc
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Thermo Heating Elements, LLC
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Sedes Group Heating Elements
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Hugeworth Industry Limited
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Flexitech Avia
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Thick Film Heater Market: Key Industry Highlights, 2018 and 2028
2. Global Thick Film Heater Historical Market: Breakup by Product (USD Million), 2018-2022
3. Global Thick Film Heater Market Forecast: Breakup by Product (USD Million), 2023-2028
4. Global Thick Film Heater Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Thick Film Heater Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Thick Film Heater Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Thick Film Heater Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Thick Film Heater Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Thick Film Heater Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Thick Film Heater Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Thick Film Heater Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Thick Film Heater Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Thick Film Heater Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Thick Film Heater Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Thick Film Heater Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Thick Film Heater Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Thick Film Heater Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Thick Film Heater Market Structure
Key Questions Answered in the Report
The market reached a value of USD 106.3 billion in 2022.
The market is estimated to grow at a CAGR of 4.40% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028, reaching a value of USD 136.8 billion by 2028.
The heightening applications of thick film heater across various end use sectors, growing demand for compact and stable thick film heaters from the medical sector, and various advantages offered by thick film heaters, are the major drivers of the market.
The key trends in the market include the growing research and development activities by leading manufacturers and stringent electricity saving measures enacted by various governments.
Metal thick film heater and ceramic thick film heater are the primary products of thick film heater in the market.
Appliances, medical equipment, and industrial, among others, are the major applications of thick film heaters.
Chromalox, Inc, Datec Coating Corporation, Ferro Techniek B.V., Noritake Co., Limited, Heatron, Inc, Thermo Heating Elements, LLC, Sedes Group Heating Elements, Hugeworth Industry Limited, and Flexitech Avia, among others, are the key market players, according to the report.
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