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全球电动式热市场：按类型、组件和行业划分 - 预测（~2029 年）
市场调查报告书
商品编码
1455831

全球电动式热市场：按类型、组件和行业划分 - 预测（~2029 年）

Electric Heat Tracing Market by Type (Self-regulating, Constant Wattage, Mineral-insulated), Component (Heat Tracing Cables, Control & Monitoring Systems, Thermal Insulation Materials, Power Connection Kits), Vertical - Global Forecast to 2029
出版日期: | 出版商: MarketsandMarkets | 英文 242 Pages | 订单完成后即时交付

价格
简介目录

电动式热市场规模预计将从 2024 年的 29.6 亿美元成长到 2029 年的 43.4 亿美元，预测期内复合年增长率为 7.9%。

由于石油和天然气、化学和製造业等行业对精确温度控制的需求不断增加、伴热技术的进步以及基础设施计划的增加，全球伴热市场正在经历强劲增长。

调查范围
调查年份 2020-2029
基准年 2023年
预测期 2024-2029
单元 金额（美元）
部分 按类型/组件/行业/地区
目标区域 北美、欧洲、亚太等地区

按类型划分，自我调节产业预计在预测期内将以最高复合年增长率成长。自调节加热电缆采用独特的设计，能够以高效率和可靠性优化温度控制。这些电缆采用专用汇流排，可实现精确的电流流动，确保均匀的热量分布，而不浪费能源。这些电缆嵌入特殊的导电聚合物基质中，可自主调节其对环境温度变化的抵抗力，有效调节热量输出。这项创新技术降低了过热风险，并提高了电缆在管道弯头和阀门等复杂结构中安装的弹性。此外，自调节加热电缆需要最少的维护，并且使用寿命长，使其成为适用于商业环境中各种应用的经济高效且可靠的解决方案。

从应用来看，防冻剂和製程温度维护领域在预测期内将以最高的复合年增长率成长。为了降低冻害和经济中断的风险，公司正在采用管道追踪电缆系统。这些系统旨在防止隔热管道和设备的热量损失，防止管道冻结和潜在的流体性能下降。这些综合解决方案由自调节加热电缆、恆温器、控制器、感测器和控制面板组成，可应对防冻挑战。

从地区来看，美国预计在预测期内将呈现巨大的成长机会。在多种因素的推动下，美国在北美电动式热市场占据主导地位。由于严冬地区对可靠防冻解决方案的需求，该市场正在经历显着成长。包括石油和天然气管道在内的关键基础设施的持续现代化和扩建也创造了强劲的成长前景。此外，市场扩张不仅限于石油和天然气产业，化学、商业和住宅等多种产业对电动式热系统的需求显着激增。这些综合解决方案整合了恆温器、控制器、感测器、控制面板和自调节加热电缆，可确保精确的温度控制并有效减少代价高昂的停机时间。

该报告调查了全球电动式热市场，并提供了市场概况、市场影响因素和市场机会分析、技术和专利趋势、法律制度、案例研究、市场规模趋势和预测以及各种细分。・编制了详细的区域分析、竞争格局、主要企业简介等

目录

第一章简介

第二章调查方法

第三章执行摘要

第 4 章重要考察

第五章市场概况

  • 市场动态
    • 促进因素
    • 抑制因素
    • 机会
    • 任务
  • 影响客户业务的趋势/干扰
  • 价格分析
  • 价值链分析
  • 生态系分析
  • 投资金筹措场景
  • 技术分析
  • 专利分析
  • 贸易分析
  • 重大会议及活动
  • 案例研究分析
  • 关税和监管状况
  • 波特五力分析
  • 主要相关利益者和采购标准

第6章电动式热的不同模式

  • 管道
  • 船舶/坦克
  • 铁路轨道/道路
  • 屋顶
  • 其他的

第七章电动式伴热市集：依组成部分

  • 电动式伴热电缆
  • 电源连接套件
  • 控制/监控系统
  • 隔热材料
  • 其他的

第八章电动式伴热市场：依类型

  • 自我调节
  • 恒定功率型
  • 矿物绝缘
  • 趋肤效应

第九章电动式伴热市场：依应用分类

  • 防冻/过程温度维持
  • 屋顶和排水沟除冰
  • 地暖
  • 其他的

第十章电动式伴热市场：依产业分类

  • 商业的
  • 油和气
  • 化学品
  • 住宅
  • 电力/能源
  • 食品与饮品
  • 药品
  • 水/污水处理
  • 其他的

第十一章电动式伴热市集：按地区

  • 北美洲
  • 欧洲
  • 亚太地区
  • 其他的

第十二章竞争格局

  • 主要企业/主要企业策略
  • 主要企业收益分析
  • 市场占有率分析
  • 企业价值评估及财务指标
  • 品牌比较
  • 企业评价矩阵：主要企业
  • 公司评估矩阵：Start-Ups/中小企业
  • 竞争基准化分析：主要Start-Ups/小型企业
  • 竞争格局及趋势

第十三章 公司简介

  • 主要企业
    • DANFOSS
    • EMERSON ELECTRIC CO.
    • BARTEC TOP HOLDING GMBH
    • NIBE INDUSTRIER AB
    • THERMON GROUP HOLDINGS, INC.
    • DREXAN ENERGY SYSTEMS, INC.
    • ELTHERM GMBH
    • WATLOW ELECTRIC MANUFACTURING COMPANY
    • SPIRAX-SARCO ENGINEERING PLC
    • NVENT ELECTRIC PLC
  • 其他公司
    • DREXMA INDUSTRIES INC.
    • EBECO
    • HEAT TRACE PRODUCTS, LLC.
    • KING ELECTRIC
    • NEXANS
    • SST GROUP INC.
    • TRASOR CORP.
    • GF PIPING SYSTEMS
    • WARMUP PLC
    • HEAT-LINE
    • VULCANIC
    • TEMPCO ELECTRIC HEATER CORPORATION
    • VALIN CORPORATION
    • KLOPPER-THERM GMBH & CO. KG
    • GENERI SRO

第十四章附录

简介目录
Product Code: SE 5726

The electric heat tracing market is projected to grow from USD 2.96 billion in 2024 to USD 4.34 billion in 2029; it is expected to grow at a CAGR of 7.9% during the forecasted period. The global heat tracing market is experiencing robust growth, driven by increasing demand for precise temperature control across industries such as oil and gas, chemicals, and manufacturing, coupled with advancements in heat tracing technologies and expanding infrastructure projects.

Scope of the Report
Years Considered for the Study2020-2029
Base Year2023
Forecast Period2024-2029
Units ConsideredValue (USD Billion)
SegmentsBy Type, Component, Vertical and Region
Regions coveredNorth America, Europe, APAC, RoW

"Self regulating is expected to grow at highest CAGR during the forecasted period."

Self-regulating heating cables boast a distinctive design that optimizes temperature control with efficiency and reliability. These cables incorporate dedicated bus wires for precise current flow, ensuring uniform heat distribution without energy wastage. Embedded in a specialized conductive polymer matrix, these cables autonomously adapt their resistance to changes in surrounding temperature, effectively regulating heat output. This innovative technology mitigates the risk of overheating and streamlines installation on intricate structures like pipe elbows and valves, owing to the cable's flexibility. Moreover, self-regulating heating cables demand minimal maintenance and provide an extended lifespan, establishing them as a cost-effective and dependable solution for diverse applications in the business landscape.

"Market for freeze protection & process temperature maintenance application is to grow at highest CAGR during forecast period. "

To mitigate the risk of damage and financial disruptions caused by freezing temperatures, businesses employ pipe tracing cable systems. These systems are designed to prevent heat loss from insulated pipes and equipment, safeguarding against frozen pipes and potential compromises in fluid performance. Comprising self-regulating heating cables, thermostats, controllers, sensors, and control panels, these comprehensive solutions address the challenge of freeze protection. Particularly critical for water-based products susceptible to freezing at 0°C (32°F), these solutions ensure optimal temperature control and minimize costly downtime. Renowned for their versatility across industries, heat trace systems provide reliable freeze protection for liquids in pipes across various industrial applications, even in hazardous environments.

"US to offer significant growth opportunities for Electric heat tracing market between 2024 and 2029."

The United States commands the electric heat tracing market in North America, propelled by several factors. The market experiences substantial growth due to the demand for dependable freeze protection solutions in regions with harsh winters. Additionally, the ongoing modernization and expansion of critical infrastructure, including oil and gas pipelines, create significant growth prospects. This involves the replacement of outdated systems and accommodation for heightened exploration and production activities. The market's expansion is not limited to the oil and gas sector; there is a notable surge in demand for electric heat tracing systems across diverse industries such as chemicals, commercial, and residential sectors. These comprehensive solutions, integrating self-regulating heating cables with thermostats, controllers, sensors, and control panels, ensure precise temperature control and effectively mitigate costly downtime.

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type: Tier 1 -45%, Tier 2 -30%, and Tier 3 - 25%
  • By Designation: C-level Executives - 40%, Directors - 35%, and Others -25%
  • By Region: North America - 45%, Europe -30%, Asia Pacific - 15%, ROW - 10%

The key players operating in the electric heat tracing market are nVent Electric PLC (UK), Thermon Group Holdings (US), Spirax-Sarco Engineering Plc (UK), Nibe Industrier AB (Sweden), Bartec Top Holdings Gmbh(Germany).

Research Coverage:

This market research report delivers a thorough analysis of the electric heat tracing market, categorized by type, component, application, vertical industry, and geographic region. Key insights encompass identifying primary drivers and challenges influencing market growth, providing a reliable market forecast until 2029, and presenting a detailed competitive landscape analysis with key players strategically positioned in the electric heat tracing ecosystem. The report emphasizes factors such as the demand for dependable freeze protection solutions in regions with severe winters, the growth opportunities propelled by the modernization and expansion of infrastructure like oil and gas pipelines, and the escalating adoption of electric heat tracing systems across various sectors beyond oil and gas, including chemicals, commercial, and residential industries. This meticulous examination aims to furnish valuable insights for stakeholders to leverage opportunities and navigate potential challenges in the electric heat tracing market.

Key Benefits of Buying the Report

  • Analysis of key drivers (Increasing adoption of electric heat tracing systems over conventional steam tracing systems in hardware technologies, Rising demand for energy-efficient electric heat tracing systems, Low maintenance cost associated with electric heat tracing systems), restraints (Adverse effects of overlapping heating cables), opportunities (Growing demand for heat tracing systems in various verticals, Rising adoption of heat tracing systems in power plants), and challenges (Installation of heat tracing systems on tanks and large vessels) influencing the growth of the electric heat tracing market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the electric heat tracing market
  • Market Development: Comprehensive information about lucrative markets - the report analyses the electric heat tracing market across varied regions.
  • Market Diversification: Exhaustive information about new services, untapped geographies, recent developments, and investments in the electric heat tracing market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players like nVent Electric PLC (UK), Thermon Group Holdings (US), Spirax-Sarco Engineering Plc (UK), Nibe Industrier AB (Sweden), Bartec Top Holdings Gmbh(Germany). among others in the Electric heat tracing market.

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 STUDY OBJECTIVES
  • 1.2 MARKET DEFINITION
  • 1.3 STUDY SCOPE
    • 1.3.1 MARKETS COVERED
    • FIGURE 1 ELECTRIC HEAT TRACING MARKET: SEGMENTATION
    • 1.3.2 REGIONAL SCOPE
    • 1.3.3 INCLUSIONS AND EXCLUSIONS
    • 1.3.4 YEARS CONSIDERED
  • 1.4 CURRENCY CONSIDERED
  • 1.5 UNITS CONSIDERED
  • 1.6 LIMITATIONS
  • 1.7 STAKEHOLDERS
  • 1.8 SUMMARY OF CHANGES
  • 1.9 RECESSION IMPACT

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • FIGURE 2 ELECTRIC HEAT TRACING MARKET: RESEARCH DESIGN
    • 2.1.1 SECONDARY DATA
      • 2.1.1.1 List of major secondary sources
      • 2.1.1.2 Key data from secondary sources
    • 2.1.2 PRIMARY DATA
      • 2.1.2.1 List of key participants in primary interviews
      • 2.1.2.2 Key data from primary sources
      • 2.1.2.3 Key industry insights
      • 2.1.2.4 Breakdown of primaries
    • 2.1.3 SECONDARY AND PRIMARY RESEARCH
  • 2.2 MARKET SIZE ESTIMATION
    • FIGURE 3 ELECTRIC HEAT TRACING MARKET: RESEARCH FLOW
    • 2.2.1 BOTTOM-UP APPROACH
    • FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE FROM SALES OF ELECTRIC HEAT TRACING PRODUCTS
      • 2.2.1.1 Approach to estimate market size using bottom-up analysis (demand side)
    • FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
    • 2.2.2 TOP-DOWN APPROACH
      • 2.2.2.1 Approach to estimate market size using top-down analysis (supply side)
    • FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
  • 2.3 DATA TRIANGULATION
    • FIGURE 7 DATA TRIANGULATION
  • 2.4 RESEARCH ASSUMPTIONS
  • 2.5 RISK ASSESSMENT
  • 2.6 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON ELECTRIC HEAT TRACING MARKET
  • 2.7 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY

    • FIGURE 8 ELECTRIC HEAT TRACING CABLES SEGMENT TO ACCOUNT FOR LARGEST SHARE OF ELECTRIC HEAT TRACING MARKET IN 2029
    • FIGURE 9 SELF-REGULATING SEGMENT TO DOMINATE ELECTRIC HEAT TRACING MARKET IN 2029
    • FIGURE 10 FREEZE PROTECTION AND PROCESS TEMPERATURE MAINTENANCE SEGMENT TO EXHIBIT HIGHEST CAGR IN ELECTRIC HEAT TRACING MARKET DURING FORECAST PERIOD
    • FIGURE 11 OIL & GAS SEGMENT TO LEAD ELECTRIC HEAT TRACING MARKET IN 2029
    • FIGURE 12 ELECTRIC HEAT TRACING MARKET IN NORTH AMERICA TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD

4 PREMIUM INSIGHTS

  • 4.1 SIGNIFICANT OPPORTUNITIES FOR PLAYERS IN ELECTRIC HEAT TRACING MARKET
    • FIGURE 13 RISING NUMBER OF OIL & GAS CONSTRUCTION PROJECTS TO DRIVE MARKET
  • 4.2 ELECTRIC HEAT TRACING MARKET IN NORTH AMERICA, BY COUNTRY AND VERTICAL
    • FIGURE 14 US AND OIL & GAS VERTICAL HELD LARGEST SHARES OF ELECTRIC HEAT TRACING MARKET IN NORTH AMERICA IN 2023
  • 4.3 ELECTRIC HEAT TRACING MARKET, BY COUNTRY
    • FIGURE 15 US TO RECORD HIGHEST CAGR IN ELECTRIC HEAT TRACING MARKET DURING FORECAST PERIOD

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • FIGURE 16 ELECTRIC HEAT TRACING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
    • 5.2.1 DRIVERS
      • 5.2.1.1 Growing preference for electric heat tracing systems over steam tracing systems
      • 5.2.1.2 Rising demand for energy-efficient electric heat tracing systems
      • 5.2.1.3 Low maintenance costs associated with electric heat tracing systems
    • FIGURE 17 ELECTRIC HEAT TRACING MARKET: IMPACT ANALYSIS OF DRIVERS
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 Adverse effects of overlapping heating cables
    • FIGURE 18 ELECTRIC HEAT TRACING MARKET: IMPACT ANALYSIS OF RESTRAINTS
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Growing demand for heat tracing systems in oil & gas industry
      • 5.2.3.2 Rising adoption of heat tracing systems in power plants
    • FIGURE 19 ELECTRIC HEAT TRACING MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Difficulties in installing heat tracing systems on tanks and large vessels
    • FIGURE 20 ELECTRIC HEAT TRACING MARKET: IMPACT ANALYSIS OF CHALLENGES
  • 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
    • FIGURE 21 ELECTRIC HEAT TRACING MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • 5.4 PRICING ANALYSIS
    • 5.4.1 AVERAGE SELLING PRICE TREND OF ELECTRIC HEAT TRACING CABLES, BY VERTICAL
    • FIGURE 22 AVERAGE SELLING PRICE TREND OF ELECTRIC HEAT TRACING CABLES, BY VERTICAL (USD/METER)
    • TABLE 1 AVERAGE SELLING PRICE TREND OF ELECTRIC HEAT TRACING CABLES, BY VERTICAL (USD/METER)
    • 5.4.2 AVERAGE SELLING PRICE TREND OF ELECTRIC HEAT TRACING CABLES, BY REGION
    • FIGURE 23 AVERAGE SELLING PRICE TREND OF ELECTRIC HEAT TRACING CABLES, BY REGION, 2019-2023 (USD/METER)
    • FIGURE 24 AVERAGE SELLING PRICE OF ELECTRIC HEAT TRACING CABLES, 2020-2029 (USD/METER)
  • 5.5 VALUE CHAIN ANALYSIS
    • FIGURE 25 ELECTRIC HEAT TRACING MARKET: VALUE CHAIN ANALYSIS
  • 5.6 ECOSYSTEM ANALYSIS
    • FIGURE 26 ELECTRIC HEAT TRACING MARKET: ECOSYSTEM ANALYSIS
    • TABLE 2 ROLE OF PLAYERS IN ELECTRIC HEAT TRACING ECOSYSTEM
  • 5.7 INVESTMENT AND FUNDING SCENARIO
    • FIGURE 27 NUMBER OF DEALS IN ELECTRIC HEAT TRACING MARKET
    • FIGURE 28 FUNDING IN ELECTRIC HEAT TRACING MARKET
  • 5.8 TECHNOLOGY ANALYSIS
    • 5.8.1 KEY TECHNOLOGIES
      • 5.8.1.1 Self-regulating cables
      • 5.8.1.2 Digital control systems
      • 5.8.1.3 High-temperature insulation materials
    • 5.8.2 ADJACENT TECHNOLOGIES
      • 5.8.2.1 Thermal imaging
      • 5.8.2.2 Advanced heat transfer fluids
      • 5.8.2.3 Wireless sensor networks
    • 5.8.3 COMPLEMENTARY TECHNOLOGIES
      • 5.8.3.1 Renewable energy integration
      • 5.8.3.2 Predictive maintenance solutions
      • 5.8.3.3 Remote access management platforms
  • 5.9 PATENT ANALYSIS
    • FIGURE 29 NUMBER OF PATENTS GRANTED IN ELECTRIC HEAT TRACING MARKET, 2014-2023
    • TABLE 3 LIST OF PATENTS GRANTED IN ELECTRIC HEAT TRACING MARKET, 2023
  • 5.10 TRADE ANALYSIS
    • 5.10.1 IMPORT SCENARIO
    • FIGURE 30 IMPORT DATA FOR HS CODE 851680-COMPLIANT PRODUCTS, BY COUNTRY, 2018-2022 (USD THOUSAND)
    • 5.10.2 EXPORT SCENARIO
    • FIGURE 31 EXPORT DATA FOR HS CODE 851680-COMPLIANT PRODUCTS, BY COUNTRY, 2018-2022 (USD THOUSAND)
  • 5.11 KEY CONFERENCES AND EVENTS, 2023-2024
    • TABLE 4 ELECTRIC HEAT TRACING MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024
  • 5.12 CASE STUDY ANALYSIS
    • 5.12.1 PROJECT ENGINEERING FIRM DEPLOYED CHROMALOX'S HEAT TRACE CABLE FOR RAPID-RESPONSE TEMPERATURE CONTROL SYSTEM
    • 5.12.2 HYDROELECTRIC DAM IMPLEMENTED NEW CUSTOMIZED CHROMALOX OPEN COIL ELEMENT HEATERS FOR EFFICIENT ELECTRIC HEAT TRACING
    • 5.12.3 COMPANY UTILIZED NVENT ELECTRIC PLC'S TRACE HEATING SUPPLIES TO PROVIDE INDUSTRIAL FROST PROTECTION SERVICE
  • 5.13 TARIFF AND REGULATORY LANDSCAPE
    • 5.13.1 TARIFF ANALYSIS
    • TABLE 5 MFN TARIFFS FOR HS CODE 851680-COMPLIANT PRODUCTS EXPORTED BY CHINA
    • TABLE 6 MFN TARIFFS FOR HS CODE 851680-COMPLIANT PRODUCTS EXPORTED BY GERMANY
    • TABLE 7 MFN TARIFFS FOR HS CODE 851680-COMPLIANT PRODUCTS EXPORTED BY JAPAN
    • 5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • TABLE 8 AMERICAS: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • TABLE 9 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • TABLE 10 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • 5.13.3 STANDARDS AND REGULATIONS
      • 5.13.3.1 IEC 62395-1 - Electrical Resistance Trace Heating Systems - Industrial and Commercial Applications
      • 5.13.3.2 IEC 62395-2 - Electrical Resistance Trace Heating Systems - Application Guide for System Design, Installation, and Maintenance
      • 5.13.3.3 UL 1673 - Electric Space Heating Cables
      • 5.13.3.4 UL 1588 - Roof and Gutter De-Icing Cable Units
      • 5.13.3.5 UL 515 - Commercial and Industrial Ordinary Locations
      • 5.13.3.6 IEEE Std.515.1 - Standards for Testing, Design, and Installation of Electrical Resistance Heat Cables
      • 5.13.3.7 IEC 60079-30-1 - General and Testing Requirements
      • 5.13.3.8 IEC 60079-30-2 - Applications for Design, Installation, and Maintenance
      • 5.13.3.9 UL 515- Hazardous Location Requirements
  • 5.14 PORTER'S FIVE FORCES ANALYSIS
    • TABLE 11 ELECTRIC HEAT TRACING MARKET: PORTER'S FIVE FORCES ANALYSIS
    • FIGURE 32 ELECTRIC HEAT TRACING MARKET: PORTER'S FIVE FORCES ANALYSIS
    • 5.14.1 THREAT OF NEW ENTRANTS
    • 5.14.2 THREAT OF SUBSTITUTES
    • 5.14.3 BARGAINING POWER OF SUPPLIERS
    • 5.14.4 BARGAINING POWER OF BUYERS
    • 5.14.5 INTENSITY OF COMPETITIVE RIVALRY
  • 5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
    • 5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
    • FIGURE 33 KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE VERTICALS
    • TABLE 12 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS (%)
    • 5.15.2 BUYING CRITERIA
    • FIGURE 34 KEY BUYING CRITERIA FOR TOP THREE VERTICALS
    • TABLE 13 KEY BUYING CRITERIA FOR TOP THREE VERTICALS

6 DIFFERENT MODES OF ELECTRIC HEAT TRACING

  • 6.1 INTRODUCTION
  • 6.2 PIPES
  • 6.3 VESSELS AND TANKS
  • 6.4 RAIL TRACKS AND ROADS
  • 6.5 ROOFS
  • 6.6 OTHER MODES

7 ELECTRIC HEAT TRACING MARKET, BY COMPONENT

  • 7.1 INTRODUCTION
    • FIGURE 35 ELECTRIC HEAT TRACING CABLES TO ACCOUNT FOR LARGEST SHARE OF ELECTRIC HEAT TRACING MARKET IN 2029
    • TABLE 14 ELECTRIC HEAT TRACING MARKET, BY COMPONENT, 2020-2023 (USD MILLION)
    • TABLE 15 ELECTRIC HEAT TRACING MARKET, BY COMPONENT, 2024-2029 (USD MILLION)
  • 7.2 ELECTRIC HEAT TRACING CABLES
    • 7.2.1 STRINGENT REGULATORY STANDARDS TO BOOST ADOPTION
    • TABLE 16 ELECTRIC HEAT TRACING CABLES: ELECTRIC HEAT TRACING MARKET, 2020-2023 (MILLION METERS)
    • TABLE 17 ELECTRIC HEAT TRACING CABLES: ELECTRIC HEAT TRACING MARKET, 2024-2029 (MILLION METERS)
    • 7.2.2 BY MAINTENANCE TEMPERATURE
      • 7.2.2.1 Up to 100°C
      • 7.2.2.2 101°C to 250°C
      • 7.2.2.3 Above 250°C
  • 7.3 POWER CONNECTION KITS
    • 7.3.1 CONVENIENCE, EFFICIENCY, AND SAFETY FEATURES OF POWER CONNECTION KITS TO DRIVE MARKET
  • 7.4 CONTROL AND MONITORING SYSTEMS
    • 7.4.1 NECESSITY TO MONITOR AND CONTROL HEATING SYSTEMS FOR OPTIMUM FUNCTIONING TO ACCELERATE DEMAND
  • 7.5 THERMAL INSULATION MATERIALS
    • 7.5.1 NEED TO MITIGATE HEAT LOSS IN HEATING SYSTEMS TO FOSTER MARKET GROWTH
  • 7.6 OTHER COMPONENTS

8 ELECTRIC HEAT TRACING MARKET, BY TYPE

  • 8.1 INTRODUCTION
    • FIGURE 36 SELF-REGULATING SEGMENT TO ACCOUNT FOR LARGEST SHARE OF ELECTRIC HEAT TRACING MARKET IN 2029
    • TABLE 18 ELECTRIC HEAT TRACING MARKET, BY TYPE 2020-2023 (USD MILLION)
    • TABLE 19 ELECTRIC HEAT TRACING MARKET, BY TYPE 2024-2029 (USD MILLION)
  • 8.2 SELF REGULATING
    • 8.2.1 ABILITY TO ADJUST HEAT OUTPUT BASED ON ENVIRONMENTAL CONDITIONS TO BOOST ADOPTION
    • TABLE 20 SELF REGULATING: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
    • TABLE 21 SELF REGULATING: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • 8.3 CONSTANT WATTAGE
    • 8.3.1 SIGNIFICANT FOCUS ON PREVENTING DISRUPTIONS IN INDUSTRIAL PROCESSES TO BOOST DEMAND
    • TABLE 22 CONSTANT WATTAGE: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
    • TABLE 23 CONSTANT WATTAGE: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • 8.4 MINERAL INSULATED
    • 8.4.1 GROWING DEPLOYMENT DUE TO FIRE-RESISTANT AND SUPER AMPACITY PROPERTIES TO FUEL MARKET GROWTH
    • TABLE 24 MINERAL INSULATED: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
    • TABLE 25 MINERAL INSULATED: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • 8.5 SKIN EFFECT
    • 8.5.1 RISING USE TO TRACE LONG PIPELINES COST-EFFECTIVELY TO FOSTER MARKET GROWTH
    • TABLE 26 SKIN EFFECT: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
    • TABLE 27 SKIN EFFECT: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)

9 ELECTRIC HEAT TRACING MARKET, BY APPLICATION

  • 9.1 INTRODUCTION
    • FIGURE 37 FREEZE PROTECTION AND PROCESS TEMPERATURE MAINTENANCE SEGMENT TO ACCOUNT FOR LARGEST SHARE OF ELECTRIC HEAT TRACING MARKET IN 2029
    • TABLE 28 ELECTRIC HEAT TRACING MARKET, BY APPLICATION, 2020-2023 (USD MILLION)
    • TABLE 29 ELECTRIC HEAT TRACING MARKET, BY APPLICATION, 2024-2029 (USD MILLION)
  • 9.2 FREEZE PROTECTION AND PROCESS TEMPERATURE MAINTENANCE
    • 9.2.1 INCREASING NEED FOR FLUID TEMPERATURE CONTROL IN OIL & GAS INDUSTRY TO CONTRIBUTE TO MARKET GROWTH
  • 9.3 ROOF AND GUTTER DE-ICING
    • 9.3.1 GROWING INCLINATION TOWARD MAINTAINING STRUCTURAL INTEGRITY OF BUILDINGS AND INFRASTRUCTURE TO PROPEL MARKET
  • 9.4 FLOOR HEATING
    • 9.4.1 RISING USE TO PREVENT SOLIDIFICATION OF FLUIDS IN CHEMICAL INDUSTRIES TO FOSTER MARKET GROWTH
  • 9.5 OTHER APPLICATIONS

10 ELECTRIC HEAT TRACING MARKET, BY VERTICAL

  • 10.1 INTRODUCTION
    • FIGURE 38 OIL & GAS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF ELECTRIC HEAT TRACING MARKET IN 2029
    • TABLE 30 ELECTRIC HEAT TRACING MARKET, BY VERTICAL 2020-2023 (USD MILLION)
    • TABLE 31 ELECTRIC HEAT TRACING MARKET, BY VERTICAL 2024-2029 (USD MILLION)
  • 10.2 COMMERCIAL
    • 10.2.1 INCREASING UTILIZATION BY EDUCATIONAL INSTITUTIONS AND HEALTHCARE AND HOSPITALITY FACILITIES TO DRIVE MARKET
    • TABLE 32 COMMERCIAL: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2020-2023 (USD MILLION)
    • TABLE 33 COMMERCIAL: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 34 COMMERCIAL: ELECTRIC HEAT TRACING MARKET, BY REGION, 2020-2023 (USD MILLION)
    • TABLE 35 COMMERCIAL: ELECTRIC HEAT TRACING MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 36 COMMERCIAL: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2020-2023 (USD MILLION)
    • TABLE 37 COMMERCIAL: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2024-2029 (USD MILLION)
    • TABLE 38 COMMERCIAL: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2020-2023 (USD MILLION)
    • TABLE 39 COMMERCIAL: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2024-2029 (USD MILLION)
    • TABLE 40 COMMERCIAL: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2020-2023 (USD MILLION)
    • TABLE 41 COMMERCIAL: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2024-2029 (USD MILLION)
    • TABLE 42 COMMERCIAL: ELECTRIC HEAT TRACING MARKET, BY ROW, 2020-2023 (USD MILLION)
    • TABLE 43 COMMERCIAL: ELECTRIC HEAT TRACING MARKET, BY ROW, 2024-2029 (USD MILLION)
  • 10.3 OIL & GAS
    • 10.3.1 GROWING DEMAND IN UPSTREAM AND DOWNSTREAM APPLICATIONS TO PROPEL MARKET
    • TABLE 44 OIL & GAS: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2020-2023 (USD MILLION)
    • TABLE 45 OIL & GAS: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 46 OIL & GAS: ELECTRIC HEAT TRACING MARKET, BY REGION, 2020-2023 (USD MILLION)
    • TABLE 47 OIL & GAS: ELECTRIC HEAT TRACING MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 48 OIL & GAS: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2020-2023 (USD MILLION)
    • TABLE 49 OIL & GAS: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2024-2029 (USD MILLION)
    • TABLE 50 OIL & GAS: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2020-2023 (USD MILLION)
    • TABLE 51 OIL & GAS: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2024-2029 (USD MILLION)
    • TABLE 52 OIL & GAS: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2020-2023 (USD MILLION)
    • TABLE 53 OIL & GAS: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2024-2029 (USD MILLION)
    • TABLE 54 OIL & GAS: ELECTRIC HEAT TRACING MARKET, BY ROW, 2020-2023 (USD MILLION)
    • TABLE 55 OIL & GAS: ELECTRIC HEAT TRACING MARKET, BY ROW, 2024-2029 (USD MILLION)
  • 10.4 CHEMICALS
    • 10.4.1 RISING DEMAND FOR MAINTAINING PROCESS TEMPERATURES AND PREVENTING PIPELINE FREEZING IN CHEMICAL TRANSPORTATION TO FOSTER MARKET GROWTH
    • TABLE 56 CHEMICALS: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2020-2023 (USD MILLION)
    • TABLE 57 CHEMICALS: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 58 CHEMICALS: ELECTRIC HEAT TRACING MARKET, BY REGION, 2020-2023 (USD MILLION)
    • TABLE 59 CHEMICALS: ELECTRIC HEAT TRACING MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 60 CHEMICALS: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2020-2023 (USD MILLION)
    • TABLE 61 CHEMICALS: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2024-2029 (USD MILLION)
    • TABLE 62 CHEMICALS: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2020-2023 (USD MILLION)
    • TABLE 63 CHEMICALS: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2024-2029 (USD MILLION)
    • TABLE 64 CHEMICALS: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2020-2023 (USD MILLION)
    • TABLE 65 CHEMICALS: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2024-2029 (USD MILLION)
    • TABLE 66 CHEMICALS: ELECTRIC HEAT TRACING MARKET, BY ROW, 2020-2023 (USD MILLION)
    • TABLE 67 CHEMICALS: ELECTRIC HEAT TRACING MARKET, BY ROW, 2024-2029 (USD MILLION)
  • 10.5 RESIDENTIAL
    • 10.5.1 SURGING USE IN ROOF DE-ICING AND FLOOR HEATING APPLICATIONS TO SUPPORT MARKET GROWTH
    • TABLE 68 RESIDENTIAL: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2020-2023 (USD MILLION)
    • TABLE 69 RESIDENTIAL: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 70 RESIDENTIAL: ELECTRIC HEAT TRACING MARKET, BY REGION, 2020-2023 (USD MILLION)
    • TABLE 71 RESIDENTIAL: ELECTRIC HEAT TRACING MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 72 RESIDENTIAL: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2020-2023 (USD MILLION)
    • TABLE 73 RESIDENTIAL: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2024-2029 (USD MILLION)
    • TABLE 74 RESIDENTIAL: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2020-2023 (USD MILLION)
    • TABLE 75 RESIDENTIAL: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2024-2029 (USD MILLION)
    • TABLE 76 RESIDENTIAL: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2020-2023 (USD MILLION)
    • TABLE 77 RESIDENTIAL: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2024-2029 (USD MILLION)
    • TABLE 78 RESIDENTIAL: ELECTRIC HEAT TRACING MARKET, BY ROW, 2020-2023 (USD MILLION)
    • TABLE 79 RESIDENTIAL: ELECTRIC HEAT TRACING MARKET, BY ROW, 2024-2029 (USD MILLION)
  • 10.6 POWER & ENERGY
    • 10.6.1 INCREASING ADOPTION IN COAL-FIRED, NUCLEAR, AND SOLAR POWER PLANTS TO FOSTER MARKET GROWTH
    • TABLE 80 POWER & ENERGY: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2020-2023 (USD MILLION)
    • TABLE 81 POWER & ENERGY: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 82 POWER & ENERGY: ELECTRIC HEAT TRACING MARKET, BY REGION, 2020-2023 (USD MILLION)
    • TABLE 83 POWER & ENERGY: ELECTRIC HEAT TRACING MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 84 POWER & ENERGY: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2020-2023 (USD MILLION)
    • TABLE 85 POWER & ENERGY: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2024-2029 (USD MILLION)
    • TABLE 86 POWER & ENERGY: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2020-2023 (USD MILLION)
    • TABLE 87 POWER & ENERGY: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2024-2029 (USD MILLION)
    • TABLE 88 POWER & ENERGY: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2020-2023 (USD MILLION)
    • TABLE 89 POWER & ENERGY: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2024-2029 (USD MILLION)
    • TABLE 90 POWER & ENERGY: ELECTRIC HEAT TRACING MARKET, BY ROW, 2020-2023 (USD MILLION)
    • TABLE 91 POWER & ENERGY: ELECTRIC HEAT TRACING MARKET, BY ROW, 2024-2029 (USD MILLION)
  • 10.7 FOOD & BEVERAGES
    • 10.7.1 PRESSING NEED TO MAINTAIN DESIRED TEMPERATURE OF FOOD ADDITIVES TO ACCELERATE DEMAND
    • TABLE 92 FOOD & BEVERAGES: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2020-2023 (USD MILLION)
    • TABLE 93 FOOD & BEVERAGES: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 94 FOOD & BEVERAGES: ELECTRIC HEAT TRACING MARKET, BY REGION, 2020-2023 (USD MILLION)
    • TABLE 95 FOOD & BEVERAGES: ELECTRIC HEAT TRACING MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 96 FOOD & BEVERAGES: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2020-2023 (USD MILLION)
    • TABLE 97 FOOD & BEVERAGES: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2024-2029 (USD MILLION)
    • TABLE 98 FOOD & BEVERAGES: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2020-2023 (USD MILLION)
    • TABLE 99 FOOD & BEVERAGES: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2024-2029 (USD MILLION)
    • TABLE 100 FOOD & BEVERAGES: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2020-2023 (USD MILLION)
    • TABLE 101 FOOD & BEVERAGES: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2024-2029 (USD MILLION)
    • TABLE 102 FOOD & BEVERAGES: ELECTRIC HEAT TRACING MARKET, BY ROW, 2020-2023 (USD MILLION)
    • TABLE 103 FOOD & BEVERAGES: ELECTRIC HEAT TRACING MARKET, BY ROW, 2024-2029 (USD MILLION)
  • 10.8 PHARMACEUTICALS
    • 10.8.1 GROWING FOCUS OF HEALTHCARE PROFESSIONALS ON AVOIDING MEDICINE DEGRADATION TO STIMULATE DEMAND
    • TABLE 104 PHARMACEUTICALS: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2020-2023 (USD MILLION)
    • TABLE 105 PHARMACEUTICALS: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 106 PHARMACEUTICALS: ELECTRIC HEAT TRACING MARKET, BY REGION, 2020-2023 (USD MILLION)
    • TABLE 107 PHARMACEUTICALS: ELECTRIC HEAT TRACING MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 108 PHARMACEUTICALS: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2020-2023 (USD MILLION)
    • TABLE 109 PHARMACEUTICALS: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2024-2029 (USD MILLION)
    • TABLE 110 PHARMACEUTICALS: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2020-2023 (USD MILLION)
    • TABLE 111 PHARMACEUTICALS: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2024-2029 (USD MILLION)
    • TABLE 112 PHARMACEUTICALS: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2020-2023 (USD MILLION)
    • TABLE 113 PHARMACEUTICALS: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2024-2029 (USD MILLION)
    • TABLE 114 PHARMACEUTICALS: ELECTRIC HEAT TRACING MARKET, BY ROW, 2020-2023 (USD MILLION)
    • TABLE 115 PHARMACEUTICALS: ELECTRIC HEAT TRACING MARKET, BY ROW, 2024-2029 (USD MILLION)
  • 10.9 WATER & WASTEWATER TREATMENT
    • 10.9.1 RISING DEMAND TO SAFEGUARD VALVES, PIPES, TANKS, AND INSTRUMENTATION LINES FROM FREEZING TO PROPEL MARKET
    • TABLE 116 WATER & WASTEWATER TREATMENT: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2020-2023 (USD MILLION)
    • TABLE 117 WATER & WASTEWATER TREATMENT: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 118 WATER & WASTEWATER TREATMENT: ELECTRIC HEAT TRACING MARKET, BY REGION, 2020-2023 (USD MILLION)
    • TABLE 119 WATER & WASTEWATER TREATMENT: ELECTRIC HEAT TRACING MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 120 WATER & WASTEWATER TREATMENT: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2020-2023 (USD MILLION)
    • TABLE 121 WATER & WASTEWATER TREATMENT: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2024-2029 (USD MILLION)
    • TABLE 122 WATER & WASTEWATER TREATMENT: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2020-2023 (USD MILLION)
    • TABLE 123 WATER & WASTEWATER TREATMENT: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2024-2029 (USD MILLION)
    • TABLE 124 WATER & WASTEWATER TREATMENT: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2020-2023 (USD MILLION)
    • TABLE 125 WATER & WASTEWATER TREATMENT: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2024-2029 (USD MILLION)
    • TABLE 126 WATER & WASTEWATER TREATMENT: ELECTRIC HEAT TRACING MARKET, BY ROW, 2020-2023 (USD THOUSAND)
    • TABLE 127 WATER & WASTEWATER TREATMENT: ELECTRIC HEAT TRACING MARKET, BY ROW, 2024-2029 (USD THOUSAND)
  • 10.10 OTHER VERTICALS
    • TABLE 128 OTHER VERTICALS: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2020-2023 (USD MILLION)
    • TABLE 129 OTHER VERTICALS: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 130 OTHER VERTICALS: ELECTRIC HEAT TRACING MARKET, BY REGION, 2020-2023 (USD MILLION)
    • TABLE 131 OTHER VERTICALS: ELECTRIC HEAT TRACING MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 132 OTHER VERTICALS: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2020-2023 (USD MILLION)
    • TABLE 133 OTHER VERTICALS: ELECTRIC HEAT TRACING MARKET, BY NORTH AMERICA, 2024-2029 (USD MILLION)
    • TABLE 134 OTHER VERTICALS: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2020-2023 (USD MILLION)
    • TABLE 135 OTHER VERTICALS: ELECTRIC HEAT TRACING MARKET, BY EUROPE, 2024-2029 (USD MILLION)
    • TABLE 136 OTHER VERTICALS: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2020-2023 (USD MILLION)
    • TABLE 137 OTHER VERTICALS: ELECTRIC HEAT TRACING MARKET, BY ASIA PACIFIC, 2024-2029 (USD MILLION)
    • TABLE 138 OTHER VERTICALS: ELECTRIC HEAT TRACING MARKET, BY ROW, 2020-2023 (USD MILLION)
    • TABLE 139 OTHER VERTICALS: ELECTRIC HEAT TRACING MARKET, BY ROW, 2024-2029 (USD MILLION)

11 ELECTRIC HEAT TRACING MARKET, BY REGION

  • 11.1 INTRODUCTION
    • FIGURE 39 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE OF ELECTRIC HEAT TRACING MARKET IN 2029
    • TABLE 140 ELECTRIC HEAT TRACING MARKET, BY REGION, 2020-2023 (USD MILLION)
    • TABLE 141 ELECTRIC HEAT TRACING MARKET, BY REGION, 2024-2029 (USD MILLION)
  • 11.2 NORTH AMERICA
    • 11.2.1 IMPACT OF RECESSION ON ELECTRIC HEAT TRACING MARKET IN NORTH AMERICA
    • FIGURE 40 NORTH AMERICA: ELECTRIC HEAT TRACING MARKET SNAPSHOT
    • TABLE 142 NORTH AMERICA: ELECTRIC HEAT TRACING MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
    • TABLE 143 NORTH AMERICA: ELECTRIC HEAT TRACING MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
    • TABLE 144 NORTH AMERICA: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
    • TABLE 145 NORTH AMERICA: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
    • 11.2.2 US
      • 11.2.2.1 Rapid expansion and extensive network of oil and gas pipelines to drive market
    • 11.2.3 CANADA
      • 11.2.3.1 Growing demand from petroleum companies to fuel market growth
    • 11.2.4 MEXICO
      • 11.2.4.1 Strong focus of country on energy export to create growth opportunities
  • 11.3 EUROPE
    • 11.3.1 IMPACT OF RECESSION ON ELECTRIC HEAT TRACING MARKET IN EUROPE
    • FIGURE 41 EUROPE: ELECTRIC HEAT TRACING MARKET SNAPSHOT
    • TABLE 146 EUROPE: ELECTRIC HEAT TRACING MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
    • TABLE 147 EUROPE: ELECTRIC HEAT TRACING MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
    • TABLE 148 EUROPE: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
    • TABLE 149 EUROPE: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
    • 11.3.2 UK
      • 11.3.2.1 Escalating demand from commercial and residential customers to drive market
    • 11.3.3 GERMANY
      • 11.3.3.1 Rising deployment of heat tracing systems in chemical sector to drive market
    • 11.3.4 FRANCE
      • 11.3.4.1 Significant need for heat tracing systems across commercial and residential verticals to fuel market growth
    • 11.3.5 RUSSIA
      • 11.3.5.1 Extensive network of oil and gas pipelines to contribute to market growth
    • 11.3.6 REST OF EUROPE
  • 11.4 ASIA PACIFIC
    • 11.4.1 IMPACT OF RECESSION ON ELECTRIC HEAT TRACING MARKET IN ASIA PACIFIC
    • FIGURE 42 ASIA PACIFIC: ELECTRIC HEAT TRACING MARKET SNAPSHOT
    • TABLE 150 ASIA PACIFIC: ELECTRIC HEAT TRACING MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
    • TABLE 151 ASIA PACIFIC: ELECTRIC HEAT TRACING MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
    • TABLE 152 ASIA PACIFIC: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
    • TABLE 153 ASIA PACIFIC: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
    • 11.4.2 CHINA
      • 11.4.2.1 Increasing adoption in oil & gas industry to regulate fluid temperature in pipelines to support market growth
    • 11.4.3 JAPAN
      • 11.4.3.1 Minimal average low temperatures across Japan to propel demand
    • 11.4.4 SOUTH KOREA
      • 11.4.4.1 Growing requirement from oil refineries to drive market
    • 11.4.5 REST OF ASIA PACIFIC
  • 11.5 ROW
    • 11.5.1 IMPACT OF RECESSION ON ELECTRIC HEAT TRACING MARKET IN ROW
    • TABLE 154 ROW: ELECTRIC HEAT TRACING MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
    • TABLE 155 ROW: ELECTRIC HEAT TRACING MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
    • TABLE 156 ROW: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
    • TABLE 157 ROW: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
    • 11.5.2 SOUTH AMERICA
      • 11.5.2.1 Increasing utilization in temperature maintenance and freeze protection applications to fuel market growth
    • 11.5.3 MIDDLE EAST
      • 11.5.3.1 Significant expansion of oil & gas vertical to drive demand
    • 11.5.4 AFRICA
      • 11.5.4.1 Need to maintain operational integrity and efficiency across industrial processes to complement market growth

12 COMPETITIVE LANDSCAPE

  • 12.1 INTRODUCTION
  • 12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, JULY 2019-JANUARY 2024
    • TABLE 158 OVERVIEW OF STRATEGIES ADOPTED BY COMPANIES IN ELECTRIC HEAT TRACING MARKET
  • 12.3 REVENUE ANALYSIS OF KEY PLAYERS IN ELECTRIC HEAT TRACING MARKET, 2018-2022
    • FIGURE 43 FIVE-YEAR REVENUE ANALYSIS OF KEY PLAYERS IN ELECTRIC HEAT TRACING MARKET
  • 12.4 MARKET SHARE ANALYSIS, 2023
    • FIGURE 44 MARKET SHARE ANALYSIS OF MAJOR PLAYERS, 2023
    • TABLE 159 DEGREE OF COMPETITION
  • 12.5 COMPANY VALUATION AND FINANCIAL METRICS
    • FIGURE 45 COMPANY VALUATION (USD MILLION), 2023
    • FIGURE 46 FINANCIAL METRICS (EV/EBITDA), 2023
  • 12.6 BRAND COMPARISON
    • FIGURE 47 BRAND COMPARISON
  • 12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
    • 12.7.1 STARS
    • 12.7.2 EMERGING LEADERS
    • 12.7.3 PERVASIVE PLAYERS
    • 12.7.4 PARTICIPANTS
    • FIGURE 48 ELECTRIC HEAT TRACING MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
    • 12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
      • 12.7.5.1 Company footprint
    • FIGURE 49 OVERALL COMPANY FOOTPRINT
      • 12.7.5.2 Component footprint
    • TABLE 160 COMPANY COMPONENT FOOTPRINT
      • 12.7.5.3 Type footprint
    • TABLE 161 COMPANY TYPE FOOTPRINT
      • 12.7.5.4 Application footprint
    • TABLE 162 COMPANY APPLICATION FOOTPRINT
      • 12.7.5.5 Vertical footprint
    • TABLE 163 COMPANY VERTICAL FOOTPRINT
      • 12.7.5.6 Region footprint
    • TABLE 164 COMPANY REGION FOOTPRINT
  • 12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
    • 12.8.1 PROGRESSIVE COMPANIES
    • 12.8.2 RESPONSIVE COMPANIES
    • 12.8.3 DYNAMIC COMPANIES
    • 12.8.4 STARTING BLOCKS
    • FIGURE 50 ELECTRIC HEAT TRACING MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
    • 12.8.5 COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2023
      • 12.8.5.1 List of key startups/SMEs
    • TABLE 165 ELECTRIC HEAT TRACING MARKET: LIST OF KEY STARTUPS/SMES
      • 12.8.5.2 Competitive benchmarking of key startups/SMEs
    • TABLE 166 OVERALL STARTUPS/SMES FOOTPRINT
    • TABLE 167 STARTUPS/SMES COMPONENT FOOTPRINT
    • TABLE 168 STARTUPS/SMES TYPE FOOTPRINT
    • TABLE 169 STARTUPS/SMES APPLICATION FOOTPRINT
    • TABLE 170 STARTUPS/SMES VERTICAL FOOTPRINT
    • TABLE 171 STARTUPS/SMES REGION FOOTPRINT
  • 12.9 COMPETITIVE SCENARIO AND TRENDS
    • 12.9.1 PRODUCT LAUNCHES
    • TABLE 172 ELECTRIC HEAT TRACING MARKET: PRODUCT LAUNCHES, JULY 2019-JANUARY 2024
    • 12.9.2 DEALS
    • TABLE 173 ELECTRIC HEAT TRACING MARKET: DEALS, JULY 2019-JANUARY 2024
    • 12.9.3 OTHER DEALS
    • TABLE 174 ELECTRIC HEAT TRACING MARKET: OTHER DEALS, JULY 2019-JANUARY 2024

13 COMPANY PROFILES

(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)**

  • 13.1 KEY PLAYERS
    • 13.1.1 DANFOSS
    • TABLE 175 DANFOSS: COMPANY OVERVIEW
    • FIGURE 51 DANFOSS: COMPANY SNAPSHOT
    • TABLE 176 DANFOSS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 177 DANFOSS: PRODUCT/SERVICE LAUNCHES
    • TABLE 178 DANFOSS: DEALS
    • 13.1.2 EMERSON ELECTRIC CO.
    • TABLE 179 EMERSON ELECTRIC CO.: COMPANY OVERVIEW
    • FIGURE 52 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
    • TABLE 180 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 181 EMERSON ELECTRIC CO.: PRODUCT/SERVICE LAUNCHES
    • TABLE 182 EMERSON ELECTRIC CO.: DEALS
    • TABLE 183 EMERSON ELECTRIC CO.: OTHER DEALS
    • 13.1.3 BARTEC TOP HOLDING GMBH
    • TABLE 184 BARTEC TOP HOLDING GMBH: COMPANY OVERVIEW
    • TABLE 185 BARTEC TOP HOLDING GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 186 BARTEC TOP HOLDING GMBH: PRODUCT/SERVICE LAUNCHES
    • TABLE 187 BARTEC TOP HOLDING GMBH: DEALS
    • 13.1.4 NIBE INDUSTRIER AB
    • TABLE 188 NIBE INDUSTRIER AB: COMPANY OVERVIEW
    • FIGURE 53 NIBE INDUSTRIER AB: COMPANY SNAPSHOT
    • TABLE 189 NIBE INDUSTRIER AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 190 NIBE INDUSTRIER AB: DEALS
    • 13.1.5 THERMON GROUP HOLDINGS, INC.
    • TABLE 191 THERMON GROUP HOLDINGS, INC.: COMPANY OVERVIEW
    • FIGURE 54 THERMON GROUP HOLDINGS, INC.: COMPANY SNAPSHOT
    • TABLE 192 THERMON GROUP HOLDINGS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 193 THERMON GROUP HOLDINGS, INC.: PRODUCT/SERVICE LAUNCHES
    • TABLE 194 THERMON GROUP HOLDINGS, INC.: DEALS
    • 13.1.6 DREXAN ENERGY SYSTEMS, INC.
    • TABLE 195 DREXAN ENERGY SYSTEMS, INC.: COMPANY OVERVIEW
    • TABLE 196 DREXAN ENERGY SYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 197 DREXAN ENERGY SYSTEMS, INC.: PRODUCT/SERVICE LAUNCHES
    • 13.1.7 ELTHERM GMBH
    • TABLE 198 ELTHERM GMBH: COMPANY OVERVIEW
    • TABLE 199 ELTHERM GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 200 ELTHERM GMBH: PRODUCT/SERVICE LAUNCHES
    • 13.1.8 WATLOW ELECTRIC MANUFACTURING COMPANY
    • TABLE 201 WATLOW ELECTRIC MANUFACTURING COMPANY: COMPANY OVERVIEW
    • TABLE 202 WATLOW ELECTRIC MANUFACTURING COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 203 WATLOW ELECTRIC MANUFACTURING COMPANY: PRODUCT/SERVICE LAUNCHES
    • 13.1.9 SPIRAX-SARCO ENGINEERING PLC
    • TABLE 204 SPIRAX-SARCO ENGINEERING PLC: COMPANY OVERVIEW
    • FIGURE 55 SPIRAX-SARCO ENGINEERING PLC: COMPANY SNAPSHOT
    • TABLE 205 SPIRAX-SARCO ENGINEERING PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 206 SPIRAX-SARCO ENGINEERING PLC: PRODUCT/SERVICE LAUNCHES
    • TABLE 207 SPIRAX-SARCO ENGINEERING PLC: DEALS
    • TABLE 208 SPIRAX-SARCO ENGINEERING PLC: OTHER DEALS
    • 13.1.10 NVENT ELECTRIC PLC
    • TABLE 209 NVENT ELECTRIC PLC: COMPANY OVERVIEW
    • FIGURE 56 NVENT ELECTRIC PLC: COMPANY SNAPSHOT
    • TABLE 210 NVENT ELECTRIC PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 211 NVENT ELECTRIC PLC: PRODUCT/SERVICE LAUNCHES
    • TABLE 212 NVENT ELECTRIC PLC: DEALS
  • 13.2 OTHER PLAYERS
    • 13.2.1 DREXMA INDUSTRIES INC.
    • 13.2.2 EBECO
    • 13.2.3 HEAT TRACE PRODUCTS, LLC.
    • 13.2.4 KING ELECTRIC
    • 13.2.5 NEXANS
    • 13.2.6 SST GROUP INC.
    • 13.2.7 TRASOR CORP.
    • 13.2.8 GF PIPING SYSTEMS
    • 13.2.9 WARMUP PLC
    • 13.2.10 HEAT-LINE
    • 13.2.11 VULCANIC
    • 13.2.12 TEMPCO ELECTRIC HEATER CORPORATION
    • 13.2.13 VALIN CORPORATION
    • 13.2.14 KLOPPER-THERM GMBH & CO. KG
    • 13.2.15 GENERI S.R.O.
  • *Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)** might not be captured in case of unlisted companies.

14 APPENDIX

  • 14.1 DISCUSSION GUIDE
  • 14.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 14.3 CUSTOMIZATION OPTIONS
  • 14.4 RELATED REPORTS