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The global thick film heater market size attained a value of USD 110.98 billion in 2023. The market is further expected to grow at a CAGR of 4.30% between 2024 and 2032, reaching a value of USD 162.51 billion by 2032.
A thick film heater refers to a type of heating element which is made up of combination of layers and components such as dielectric, conductor, resistive ink, and stainless-steel substrate, which dictate the thermal properties of the thick film heater. This heating appliance is reliable and offers rapid heat-up capabilities, making it widely applicable across the industrial sector.
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Based on product, the thick film heater market segmentation is metal thick film heater and ceramic thick film heater. On the basis of application, the market is classified into appliances, medical equipment, and industrial, among others. The regional markets for thick film heater are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global thick film heater market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
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Ceramic thick film heaters, based on product, accounts for a healthy share of the market for thick film heaters. The easy operability, enhanced safety, superior strength, excellent ductility, and flexibility, among several other advantages offered by ceramic thick film heaters, are driving the segment’s growth. The growing demand for compact and stable thick film heaters from the medical sector, to provide heat for sample stability and chemical reaction, is escalating the demand for ceramic thick film heaters across healthcare unites and research laboratories.
Industrial applications account for a significant share of the thick film heater market, supported by the increasing thermal demands from various industrial sectors such as power generation, petrochemical, food and beverage, and oil and gas, among others. Thick film heaters are a critical component in the automobile manufacturing process owing to its usage in cold weather battery warming, motor heating, maintenance of fuel cell temperature, mirror defogging, and cabinet comfort heating, among others. Over the forecast period, the anticipated increase in demand for electric and hybrid vehicles is likely to propel the applications of thick film heater in the industrial sector.
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Chromalox, Inc is a leading manufacturer and supplier of electric heat and control products, as well as industrial heating appliances. It was founded in 1917 and is headquartered in Pennsylvania, United States.
Datec Coating Corporation was established in 1995 and is currently headquartered in Ontario, Canada. The company offers commercial food warming, medical, automotive, and electronic solutions, among others.
Ferro Techniek B.V. is a prominent metal processing company offering products such as thick film elements, flow through heaters, and thick film streamers. The establishment of this company took place in 1933 and is headquartered in Gelderland in the Netherlands.
Other market players include Noritake Co., Limited, Heatron, Inc, Thermo Heating Elements, LLC, Sedes Group Heating Elements, Hugeworth Industry Limited, and Flexitech Avia, among others.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of USD 110.98 billion in 2023.
The market is estimated to grow at a CAGR of 4.30% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of USD 162.51 billion by 2032.
The heightening applications of thick film heater across various end use sectors, growing demand for compact and stable thick film heaters from the medical sector, and various advantages offered by thick film heaters, are the major drivers of the market.
The key trends in the market include the growing research and development activities by leading manufacturers and stringent electricity saving measures enacted by various governments.
Metal thick film heater and ceramic thick film heater are the primary products of thick film heater in the market.
Appliances, medical equipment, and industrial, among others, are the major applications of thick film heaters.
Chromalox, Inc, Datec Coating Corporation, Ferro Techniek B.V., Noritake Co., Limited, Heatron, Inc, Thermo Heating Elements, LLC, Sedes Group Heating Elements, Hugeworth Industry Limited, and Flexitech Avia, among others, are the key market players, according to the report.
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Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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