Quick Summary:
In the rapidly evolving world of technology, the flexible heater market stands as a prominent player with immense growth potential. With prominent usage in diverse industries such as electronics and semiconductors, medical, automotive, and transportation, among others, the demand for efficient, innovative heating solutions continues to ascend. Be at the frontline of understanding this promising industry with a detailed market research report that not only delves into current market dynamics but unfolds the trajectory of future market growth.
The report is comprehensive, providing an outlook on the various types of flexible heaters like Silicone rubber-based, Polyimide-based, Polyester-Based, and Mica-based heaters. Beyond this, the report decodes the market performance in different regions and offers deep insights into the key players shaping the industry. With a wealth of knowledge packed into this study, the opportunities to stay ahead of the business curve and drive strategic decisions in this industry are endless.
The global flexible heater market size is expected to reach USD 2.08 billion by 2030, according to a new study. The report “Flexible Heater market Share, Size, Trends, Industry Analysis Report, By Type (Silicone rubber-based, Polyimide-based, Polyester-Based, Mica-based, Others); By End-use; By Regions; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides an analysis of future market growth.
The expanding usage of flexible heaters in several industrial and commercial applications has directly influenced the growth of the flexible heaters market on a global scale. Key factors propelling the market’s growth include the increasing demand for cutting-edge heating solutions and OEMs’ focus on offering novel and efficient, flexible heaters due to rising needs in the electronics and semiconductors, medical, automotive, and transportation, & oil & gas industries. Additionally, these sensors are utilized in various aerospace and defense equipment.
The COVID-19 epidemic has lowered both the supply and demand for flexible heaters. Lockdowns caused by the COVID-19 outbreak restricted the export and import of necessary electrical components and supplies in some nations. The distribution network, production capacity, and several other variables have all had a detrimental impact on the expansion of the flexible heaters industry as a result of COVID-19.
The expanding usage of flexible heaters in several industrial and commercial applications has directly influenced the growth of the flexible heaters market on a global scale. Key factors propelling the market’s growth include the increasing demand for cutting-edge heating solutions and OEMs’ focus on offering novel and efficient, flexible heaters due to rising needs in the electronics and semiconductors, medical, automotive, and transportation, & oil & gas industries. Additionally, these sensors are utilized in various aerospace and defense equipment.
The COVID-19 epidemic has lowered both the supply and demand for flexible heaters. Lockdowns caused by the COVID-19 outbreak restricted the export and import of necessary electrical components and supplies in some nations. The distribution network, production capacity, and several other variables have all had a detrimental impact on the expansion of the flexible heaters industry as a result of COVID-19.
Flexible Heater Market Report Highlights
- Silicone rubber-based accounted for the largest market share in 2021. Silicone rubber-based heaters are used in semiconductor systems such as IC, test handling devices, and others. They provide flexibility and fast warm-ups by improving heat transfers.
- The electronics & semiconductor segment accounted for the highest revenue share in 2021 and is expected to continue its dominance owing to these heaters being majorly used in various manufacturing equipment in the semiconductor industry.
- North America is expected to grow at the highest CAGR over the forecast period because of a diverse range of applications & increased demand from a wide range of industries.
- Major players operating in the industry include Watlow Electric Manufacturers, Honeywell International, Inc., All Flex, Inc., Spirax Sarco Ltd (Chromalox), Smiths Plc, Spectris Corp. (Omega Engineering, Inc.), NIBE Industrier AB, Corp. Rogers Company (DuPont de Nemours, Inc.), Minco Products, Inc., & Birk Manufacturing, Inc.
The publisher has segmented the flexible heater market report based on type, end-use, and region:
Flexible Heater, Type Outlook (Revenue - USD Billion, 2018 - 2030)
- Silicone rubber-based
- Polyimide-based
- Polyester-Based
- Mica-based
- Others
Flexible Heater, End-Use Outlook (Revenue - USD Billion, 2018 - 2030)
- Medical
- Automotive
- Food and Beverage
- Electronics and Semiconductors
- Oil and Gas
- Aerospace
- Other
Flexible Heater, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Frequently Asked Questions about the Flexible Heater Market
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| Report Attribute | Details |
|---|---|
| No. of Pages | 119 |
| Published | October 2022 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 1.2 billion |
| Forecasted Market Value ( USD | $ 2.08 billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Global Flexible Heater Market Insights
5. Global Flexible Heater Market, by Type
6. Global Flexible Heater Market, by End-Use
7. Global Flexible Heater Market, by Geography
8. Competitive Landscape
9. Company Profiles
Companies Mentioned
- Watlow Electric Manufacturers
- Honeywell International Inc.
- All Flex Inc.
- Spirax Sarco Ltd (Chromalox)
- Smiths Plc
- Spectris Corp. (Omega Engineering Inc.)
- NIBE Industrier AB
- Corp. Rogers Company (DuPont de Nemours Inc.)
- Minco Products Inc.
- & Birk Manufacturing Inc.
