Electric Heating Cable Systems Market Report 2023 (Global Edition)

Global Electric Heating Cable Systems Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Electric Heating Cable Systems Industry growth. Electric Heating Cable Systems market has been segmented with the help of its Type, Application Industrial Verticals, and others. Electric Heating Cable Systems market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

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By Type, Self-regulating Heating Cable was the leading segment with 38.87% of total market share!

Based on Type, the market is segmented into Self-regulating Heating Cables, Constant Wattage Heating Cables, Mineral Insulated Heating Cables, and Skin-effect Heating Cables. Self-regulating Heating Cables are estimated to have the highest market share as they have a self-regulating feature i.e., they turn on only when the temperatures drop below a particular degree F. Thus, it offers comparatively reduced operating costs as it has the ability to lessen the amount of power it is drawing as the temperature warms up. Moreover, self-regulating heating cables have higher durability, and improved levels of inherent efficiency, and safety. As a result of which self-regulating heating cables are considered a choice option for residential, commercial, and industrial applications.

• Self regulating Heating Cable
• Constant Wattage Heating Cable
• Mineral Insulated Heating Cable
• Skin Effect Heat Tracing Cable

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Electric Heating Cable Systems Industry. Request a Free Sample PDF!

By Application, the Residential segment accounted for 47.23% share in 2020!

Based on Application, the electric heating cables market is segmented into Industrial, Residential, and Commercial. The Industrial Segment is further sub-segmented as Oil & Gas Industry, Building & Construction, Animal breeding (aquatic and reptile hobbies, horticultural farming), Chemical and petrochemical, Pharmaceutical Industry, and Others.
In the application segment Residential segment dominated the market with a significant market share as residential building construction dominates the construction industry. Electric heating cables are used to serve multiple applications in residential buildings. Especially in cold winter freezing temperatures the fresh water pipes, cooling water pipes, sprinkler systems, wastewater pipes, and supply and drainage water pipes get frozen. Moreover, the rooftops are covered under a blanket of snow, demanding efficient heating systems. Thus, electric heating cables are been widely deployed in residential construction projects driving its growth in the market.

• Industrial
• Residential
• Commercial

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Electric Heating Cable Systems market report 2023 Edition by contacting our team.

Electric Heating Cable Systems Industrial Verticals Segment Analysis

• Oil & Gas Industry
• Building & Construction
• Animal breeding
• Chemical and petrochemical
• Pharmaceutical Industry
• Others

Electric Heating Cable Systems Sales Channel Segment Analysis

• Direct Channel
• Indirect Channel

North America Electric Heating Cable Systems Market share was 36.12% of total market revenue!

Based on Region, the electric heating cables market is fragmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. North America is estimated to have the highest market share as the majority of the region faces extreme winter weather which demands a heating system. Further, rising disposable income and investment in the residential and commercial building sectors and significant footprints of the oil and gas industry, petrochemical and pharmaceutical industries in North America also contribute to the growing demand of electric heating cables in this region.

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

Electric Heating Cable Systems Industry News

June 2022

• Danfoss's DEVI Electric Heating’s innovative solutions; are an energy-efficient and environmentally friendly electric heating innovation for over eight decades.

Danfoss's innovative heating solution; DEVI's electric heating cable technology has been improving the quality of people’s lives by offering indoor and outdoor heating solutions. DEVI Electric Heating’s innovative solutions ensure the safety during winter period by minimizing the hazards of frost, snow, and ice or their consequences.
March 2022

• Electric underfloor heating is a major opportunity for Europe 

With Europe’s Mission of climate neutrality by 2050, the demand for electricity is forecast to grow to 30% in 2030 and reach 50% by 2050. The Commission aims for 40% of residential heating to be sourced from electricity (from renewable energy sources) by 2030, rising to at least 50 and up to 70% by 2050 in order to decrease CO2 emissions. To boost the energy efficiency in buildings, electric underfloor heating, is expected to become cheaper for consumers than traditional gas, liqui,d and solid fuel technology. The data also states that every year another 1,2 million new homes are built which are suited to electric underfloor heating. 

• eltherm GmbH establishes a subsidiary in India

eltherm GmbH has established ELTHERM INDIA PRIVATE LIMITED, an Indian subsidiary under the global expansion strategy.

Top Companies Market Share in Electric Heating Cable Systems Industry: (In no particular order of Rank)

• Raychem
• SST
• Anhui Huanrui
• Thermon
• Bartec
• Wuhu Jiahong
• Emerson
• Anbang
• Eltherm
• Heat Trace Products
• Anhui Huayang
• Chromalox
• Isopad
• King Manufacturing
• Flexelec
• Garnisch
• FINE Unichem
• Wanlan Group
• SunTouch
• Aoqi Electric
• Thanglong Electric
• Urecon
• BriskHeat
• Daming
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