Report overview
Immersion heaters are used to heat many liquid substances like water, oil, chemicals and even to stabilize gas within their tanks. They are used in many industries within different liquid storing tanks, during the processing of pipes and in pressurizing the storing containers. This product is made in such a way so as to withstand almost any environment and you can make use of it either in a pure water tank or under any acidic medium.
This report aims to provide a comprehensive presentation of the global market for Immersion Heater, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Immersion Heater. This report contains market size and forecasts of Immersion Heater in global, including the following market information:
Global Immersion Heater Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Immersion Heater Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Immersion Heater companies in 2022 (%)
The global Immersion Heater market was valued at US$ 685.8 million in 2022 and is projected to reach US$ 909.5 million by 2029, at a CAGR of 4.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
From the view of region, North America have a larger market share which account for 34% and will witness a slightly decrease of share in following years. Asia-Pacific hold a market share of 30% and will still play an important role which cannot be ignored. Any changes from Europe, which share a 28% market share , might affect the development trend of Immersion Heater.The key manufacturers are NIBE, Thermon, Zhenjiang Dongfang Electric Heating Technology, OMEGA Engineering (Spectris), Watlow, Chromalox, Hotset GmbH, Friedr. Freek GmbH, Zoppas Industries, Thermowatt, Tutco Heating Solutions Group, Tempco Electric Heating Element Corporation, Headway Electric Heat Components CO.,LTD, Warren Electric Corporation, Durex Industries, Sanbra Fyffe Limited, WATTCO etc. Top 3 companies occupied about 8% market share.
We surveyed the Immersion Heater manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Immersion Heater Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Immersion Heater Market Segment Percentages, by Type, 2022 (%)
Over-the-Side Immersion Heater
Flanged Immersion Heater
Screw Plug Immersion Heater
Others
Global Immersion Heater Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Immersion Heater Market Segment Percentages, by Application, 2022 (%)
Home Appliance
Industrial Appliance
Others
Global Immersion Heater Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Immersion Heater Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Immersion Heater revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Immersion Heater revenues share in global market, 2022 (%)
Key companies Immersion Heater sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Immersion Heater sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
NIBE
Thermon
Zhenjiang Dongfang Electric Heating Technology
OMEGA Engineering (Spectris)
Watlow
Chromalox
Hotset GmbH
Friedr. Freek GmbH
Zoppas Industries
Thermowatt
Tutco Heating Solutions Group
Tempco Electric Heating Element Corporation
Headway Electric Heat Components CO.,LTD
Warren Electric Corporation
Durex Industries
Sanbra Fyffe Limited
WATTCO
Outline of Major Chapters:
Chapter 1: Introduces the definition of Immersion Heater, market overview.
Chapter 2: Global Immersion Heater market size in revenue and volume.
Chapter 3: Detailed analysis of Immersion Heater manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Immersion Heater in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Immersion Heater capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
