The Europe Industrial Electric Heating Equipment Market was valued at USD 1.9 billion in 2024 and is estimated to grow at a CAGR of 8.6% to reach USD 4.4 billion by 2034.
Europe is firmly committed to achieving carbon neutrality in the coming decades, with ambitious targets set by the European Union to drastically reduce greenhouse gas emissions drastically. This commitment is fueling a broad transition away from fossil fuel-based energy sources toward cleaner, more sustainable alternatives. Industrial sectors are increasingly turning to electric heating technologies as a viable solution.
Major players in the Europe industrial electric heating equipment market are Fulton, Mitsubishi Heavy Industries, Swegon, Siemens Energy, GIG Karasek, Johnson Controls International, Trane Technologies, EBNER, Condorchem Enviro Solutions, Clayton Industries, Robert Bosch, Groupe Atlantic, Atlas Copco, IHI Corporation, Carrier, Emerson Electric, DAIKIN INDUSTRIES, Tenova, Chart Industries, MAN Energy Solutions, and Chromalox.
To strengthen their market foothold in the Europe industrial electric heating equipment market, leading companies are focusing on a mix of product innovation, strategic partnerships, and localization. Many firms are investing in R&D to develop compact, energy-efficient, and application-specific electric heating systems that meet evolving regulatory and operational needs. Strategic alliances with industrial automation providers are enabling companies to offer integrated solutions with IoT and smart control capabilities.
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Europe is firmly committed to achieving carbon neutrality in the coming decades, with ambitious targets set by the European Union to drastically reduce greenhouse gas emissions drastically. This commitment is fueling a broad transition away from fossil fuel-based energy sources toward cleaner, more sustainable alternatives. Industrial sectors are increasingly turning to electric heating technologies as a viable solution.
Rising Demand for Heat Pump
The heat pump segment will grow at a decent CAGR during 2025-2034, driven by its superior energy efficiency and ability to operate across various temperature ranges. Heat pumps offer a sustainable solution for industries aiming to cut emissions and reduce long-term energy costs. With increasing regulatory pressure to phase out fossil fuel-based systems, industries are shifting toward electric heat pump technologies that can be powered by renewable energy.Retail to Gain Traction
The retail segment generated substantial revenues in 2024, driven by space heating, climate control, and energy-efficient operations in warehouses and large retail spaces. With heightened awareness around sustainability and rising energy costs, retail chains are investing in electric heating solutions to align with environmental standards and lower their carbon footprint.Increasing Adoption in Chemical
The chemical segment held a significant share in 2024, backed by precise temperature control and process reliability. The chemical segment represents a high-value share of the industrial electric heating equipment market due to its constant demand for high-performance heating systems used in reactors, distillation units, and drying processes.France to Emerge as a Lucrative Region
France industrial electric heating equipment market held a notable share in 2024, propelled by the country's commitment to clean energy transitions and industrial modernization. With strong government incentives and support for electrification, industries in France are rapidly adopting electric heating solutions to replace aging, carbon-intensive systems. Domestic and international manufacturers are targeting the French market with localized product offerings, smart control systems, and energy-efficient technologies to comply with national energy policies and sustainability goals.Major players in the Europe industrial electric heating equipment market are Fulton, Mitsubishi Heavy Industries, Swegon, Siemens Energy, GIG Karasek, Johnson Controls International, Trane Technologies, EBNER, Condorchem Enviro Solutions, Clayton Industries, Robert Bosch, Groupe Atlantic, Atlas Copco, IHI Corporation, Carrier, Emerson Electric, DAIKIN INDUSTRIES, Tenova, Chart Industries, MAN Energy Solutions, and Chromalox.
To strengthen their market foothold in the Europe industrial electric heating equipment market, leading companies are focusing on a mix of product innovation, strategic partnerships, and localization. Many firms are investing in R&D to develop compact, energy-efficient, and application-specific electric heating systems that meet evolving regulatory and operational needs. Strategic alliances with industrial automation providers are enabling companies to offer integrated solutions with IoT and smart control capabilities.
Comprehensive Market Analysis and Forecast
- Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape
- Competitive landscape with Porter’s Five Forces and PESTEL analysis
- Market size, segmentation, and regional forecasts
- In-depth company profiles, business strategies, financial insights, and SWOT analysis
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Table of Contents
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Industry Insights
Chapter 4 Competitive Landscape, 2025
Chapter 5 Market Size and Forecast, by Technology, 2021-2034 (USD Million & Units)
Chapter 6 Market Size and Forecast, by Application, 2021-2034 (USD Million & Units)
Chapter 7 Market Size and Forecast, by Channel, 2021-2034 (USD Million & Units)
Chapter 8 Market Size and Forecast, by Country, 2021-2034 (USD Million & Units)
Chapter 9 Company Profiles
Companies Mentioned
The key companies profiled in this Europe Industrial Electric Heating Equipment market report include:- ANDRITZ
- Atlas Copco
- Carrier
- Chart Industries
- Chromalox
- Clayton Industries
- Condorchem Enviro Solutions
- DAIKIN INDUSTRIES
- EBNER
- Emerson Electric
- Fulton
- GIG Karasek
- Groupe Atlantic
- IHI Corporation
- Johnson Controls International
- MAN Energy Solutions
- MITSUBISHI HEAVY INDUSTRIES
- Robert Bosch
- Siemens Energy
- Swegon
- Tenova
- Trane Technologies
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 165 |
| Published | September 2025 |
| Forecast Period | 2024 - 2034 |
| Estimated Market Value ( USD | $ 1.9 Billion |
| Forecasted Market Value ( USD | $ 4.4 Billion |
| Compound Annual Growth Rate | 8.6% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 22 |
