Flexible Heater Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Flexible Heater Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Report Digest
Flexible heater is commonly used to integrate to a surface which requires heating and is capable of operating with high-performance under adverse temperature conditions. It comes in different varieties, shapes, and dimensions which can also be molded in the shape of the heated object. Further, due to low thermal mass, the flexible heaters are used in wide range of commercial, military, and industrial applications.
A flexible heater can be wound more than once without causing damage to heating elements and heating taps, and therefore provides an effective heating source to several applications such as electronics, medical devices, and others. A focus on implementation of advanced technologies and reducing the cost of products is likely to create lucrative opportunities for leading companies operating in flexible heater market.
Flexible Heater Market – Notable Developments
- In August 2018, Watlow, a leading company in the design and manufacture of entire thermal systems completed its acquisition of Yarbrough Solutions Worldwide of Austin, Texas, with a goal to enhance their thermal control capabilities and to achieve consistent, sustainable long-term growth. The company also introduced its new heater product catalog in July 2018.
- In March 2018, Rogers Corporation, a key player of flexible heater market, launched a new substrate called ‘ARLON rapid polyimide (raPld)’, an advanced solution for improving manufacturing process as well as the performance of flexible heater applications. According to the company, the new substrate combines the advantages of silicone adhesive system and polymer heater dielectrics.
- In February 2018, NIBE Industrier AB acquired Hemi Heating, which manufactures a range of products such as heating cables, tents, jackets, fans, and others, following its acquisition of BriskHeat in January 2018.
Some of the most prominent competitors operating in the competitive landscape of global flexible heater market include –
- Honeywell International Inc.
- Watlow
- Durex Industries
- Bucan
- Sinomas
- Kuhlmann Electro-Heat
- Delta Mfg
- Tutco Heating Solutions Group
- Hotset Gmbh
- Sedes Group
- National Plastic Heater
- Holroyd Components Ltd
- Spirax-Sarco Engineering
- Tempco Electric Heater Corporation
Flexible Heater Market Dynamics
Global demand for flexible heater depends on its rising scope of application in various end-use industries including automotive, aerospace, defense, and food & beverages. Growth and developments in these industries are projected to drive the flexible heater market at the global level. Further, increasing utilization of electronics and smart digital devices such as 3D printers, RTD monitors, and LCD screens is also likely to contribute to the demand for flexible heater which can be used to apply direct and efficient heat without compromising its dependability. These heaters have also gained promising applications in battery warmers, surgical devices, commercial food equipment, ATM machine, which in turn will complement the future expansion of the overall flexible heater market.
Asia Pacific to Witness Significant Growth of Flexible Heater Market
Apart from incorporating advanced technologies in various industries, emerging economies of Asia Pacific such as China and India are heavily investing in new innovations and developments, contributing potential value share to the flexible heater market.
Significant development of the flexible heater market can also be attributed to the contribution from developed nations of North America and Europe which are likely to witness high demand for a variety of flexible heaters including polyester, polyimide film, and silicon rubber heaters in the coming years. These factors are likely to boost the flexible heater market over the course of the forecast period.
Flexible Heater Market Segmentation
Based on material type, the flexible heater market can be segmented into:
- Polyimide Film Heaters
- Polyester Heaters
- Mica Heaters
- Silicon Rubber Heaters
- Other Polymer Heaters
Based on application, the flexible heater market can be segmented into:
- Food and Beverages Industries
- Aerospace and Defense
- Electronics
- Medical Equipment
- Automotive
- Others
This study provides a particularized anatomy according to the L.E.A.P mechanism
- Latest trends and cardinal growth prospects
- Existing and future insights in growth
- Ascensions in technology
- Pain points
The regional analysis offers market assays across:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
Pain Points
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
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