Flexible Heater Market Research Report

 

Growth opportunities in the Flexible Heater Market look promising over the next six years. This is mainly due to the continuous technological advancements, wide range of enactment, and exceptional advantages such as high reliability and moisture & chemical-resistance.

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Flexible Heater Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

Several prominent drivers supplementing the growth of the global flexible heater market include their augmenting demand from several industry verticals including food & beverages, medical, automotive, and food & beverages, accompanied by their extensive domain of applications, ongoing technological modernizations, along with the adaptable form factor. Also, they proffer enormous remarkable including, high dependency, resilience to chemical & moisture, and effective & accurate properties. In addition, the transpiring applications such as temperature sensors, motor space heaters, and a battery heater of an electric vehicle will further strengthen the flexible heater market size. The stimulating demand from the electronics & semiconductor industry for heating pipelines, electrostatic chucks, valves, gas lines, and chamber walls will drastically propel the market growth. However, their high operational cost will hinder the flexible heater market share.

Type Segment Drivers

Based on the type, silicon rubber-based is projected to witness a higher CAGR during the forecast period. This is primarily attributed to its adjustability,  faster warm-ups, better heat transfers, decreased wattage requirements, and rising implementation in areas such as semiconductor processing, kitchen equipment, energy processing, packaging, medical & analytical instrumentation, and aerospace & defense. Moreover, its durability and capability to combat the maximum operating temperature of 450°F (232°C) features are further propelling the market growth.

Regional Drivers

Based on the regional coverage, Asia-pacific is expected to dominate the market over the forecast period. This is mainly because of their escalating adoption in several medical devices, analytical instruments, semiconductors, and commercial equipment. The electronics and automotive industries are extensively expanding. The prevalence of densely populated countries such as China and India fuels the demand for consumer electronics, medical devices, and food equipment, which is contributing to the market growth. Moreover, low operating costs and economic expansion in countries like China and India are driving the flexible heater industry.

Flexible Heater Market’s leading Manufacturers:

·        Tempco Electric Heater Corporation

·        Zoppas Industries

·        Rogers Corporation

·        Smiths Group plc

·        Omega Engineering

·        NIBE Industrier AB

·        Thermocoax

·        All Flex Heater

·        Minco Products, Inc

·        Chromalox, Inc.

·        Watlow Electric Manufacturing Co.

·        Honeywell International Inc.

Flexible Heater Market Segmentation:

Segmentation by Type

·        Silicone Rubber-Based

·        Polyimide- Based

·        Polyester-Based

·        Mica-Based

·        Others

Segmentation by Industry

·        Electronics & Semiconductor

·        Medical

·        Aerospace & Defense

·        Food & Beverages

·        Automotive

·        Oil & Gas

·        Mining

·        Others

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

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