Electric Heat Tracing - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Electric Heat Tracing Market is accounted for $1.54 billion in 2019 and is expected to reach $3.36 billion by 2027 growing at a CAGR of 10.2% during the forecast period. Rising demand for energy-efficient electric heat tracing systems and low maintenance cost associated with electric heat tracing systems are the major factors driving the market growth. However, devastating effects of overlapping of heating cables is restraining the market growth. Moreover, growing demand for heat tracing systems from various end-user industries and rising adoption of heat tracing systems in power plants would provide ample opportunities for the market growth.
Electric trace heating is the process of enhancing the levels of temperature in pipes, floors, vessels and other infrastructural surfaces with the help of heat tracing cables. This is highly significant in areas where the temperatures can drop significantly and can result in freezing of pipes, vessels and other components in an industry.
Based on type, the self-regulating segment is likely to have a huge demand as self-regulating heating cables are ideal for temperature maintenance and frost-prevention installations because they produce more heat when it is cold and conversely less heat in warm conditions. By geography, North America is going to have a lucrative growth during the forecast period as US and Canada are among the coldest countries in the world. Electric heat tracing finds increasing adoption in these countries for applications such as freeze protection, roof & gutter de-icing, and floor heating.
Some of the key players profiled in the Electric Heat Tracing Market include Bartec, Briskheat Corporation, Chromalox Inc, Danfoss, Drexan Energy Systems, eltherm GmbH, Emerson Electric Co, Heat Trace Products LLC, Parker-Hannifin, Pentair plc, QMax Industries Inc, Spirax-Sarco Engineering plc, Technitrace, Thermon Inc and Warmup Plc.
Methods Covered:
• Impedance
• Induction
• Resistive
Temperatures Covered:
• Up to 100°C
• 101°C to 250°C
• Above 250°C
System Components Covered:
• Heating Tracing Cables
• Insulation Material
• Power Connection Kit
• Monitoring and Control Systems
Types Covered:
• Constant Wattage
• Mineral Insulated
• Parallel Constant Watt Heating Cable
• Power-Limiting Heating Cable
• Self-Regulating
• Series Constant Watt Heating Cables
• Skin Effect
Applications Covered:
• Floor Heating
• Freeze Protection
• Process Temperature Maintenance
• Roof & Gutter De-Icing
• Viscosity Control
End Users Covered:
• Chemicals
• Commercial
• Food & Beverages
• Oil & Gas
• Pharmaceuticals
• Power, Energy & Heavy Industry
• Residential
• Water & Wastewater Management
• Other End Users
Sales Channels Covered:
• Distributor
• Direct Sales
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Electric Heat Tracing Market, By Method
5.1 Introduction
5.2 Impedance
5.3 Induction
5.4 Resistive
6 Global Electric Heat Tracing Market, By Temperature
6.1 Introduction
6.2 Up to 100°C
6.3 101°C to 250°C
6.4 Above 250°C
7 Global Electric Heat Tracing Market, By System Components
7.1 Introduction
7.2 Heating Tracing Cables
7.3 Insulation Material
7.4 Power Connection Kit
7.5 Monitoring and Control Systems
7.5.1 Thermostats
7.5.2 Thermocouples
7.5.3 Resistance Temperature Detectors
8 Global Electric Heat Tracing Market, By Type
8.1 Introduction
8.2 Constant Wattage
8.3 Mineral Insulated
8.4 Parallel Constant Watt Heating Cable
8.5 Power-Limiting Heating Cable
8.6 Self-Regulating
8.7 Series Constant Watt Heating Cables
8.8 Skin Effect
9 Global Electric Heat Tracing Market, By Application
9.1 Introduction
9.2 Floor Heating
9.3 Freeze Protection
9.4 Process Temperature Maintenance
9.5 Roof & Gutter De-Icing
9.6 Viscosity Control
10 Global Electric Heat Tracing Market, By End User
10.1 Introduction
10.2 Chemicals
10.3 Commercial
10.4 Food & Beverages
10.5 Oil & Gas
10.6 Pharmaceuticals
10.7 Power, Energy & Heavy Industry
10.8 Residential
10.9 Water & Wastewater Management
10.10 Other End Users
10.10.1 Pulp & Paper
10.10.2 Textile
10.10.3 Transportation
11 Global Electric Heat Tracing Market, By Sales Channel
11.1 Introduction
11.2 Distributor
11.3 Direct Sales
12 Global Electric Heat Tracing Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 New Zealand
12.4.6 South Korea
12.4.7 Rest of Asia Pacific
12.5 South America
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Chile
12.5.4 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 UAE
12.6.3 Qatar
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa
13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies
14 Company Profiling
14.1 Bartec
14.2 Briskheat Corporation
14.3 Chromalox Inc
14.4 Danfoss
14.5 Drexan Energy Systems
14.6 eltherm GmbH
14.7 Emerson Electric Co
14.8 Heat Trace Products LLC
14.9 Parker-Hannifin
14.10 Pentair plc
14.11 QMax Industries Inc
14.12 Spirax-Sarco Engineering plc
14.13 Technitrace
14.14 Thermon Inc
14.15 Warmup Plc
List of Tables
1 Global Electric Heat Tracing Market Outlook, By Region (2018-2027) ($MN)
2 Global Electric Heat Tracing Market Outlook, By Method (2018-2027) ($MN)
3 Global Electric Heat Tracing Market Outlook, By Impedance (2018-2027) ($MN)
4 Global Electric Heat Tracing Market Outlook, By Induction (2018-2027) ($MN)
5 Global Electric Heat Tracing Market Outlook, By Resistive (2018-2027) ($MN)
6 Global Electric Heat Tracing Market Outlook, By Temperature (2018-2027) ($MN)
7 Global Electric Heat Tracing Market Outlook, By Up to 100°C (2018-2027) ($MN)
8 Global Electric Heat Tracing Market Outlook, By 101°C to 250°C (2018-2027) ($MN)
9 Global Electric Heat Tracing Market Outlook, By Above 250°C (2018-2027) ($MN)
10 Global Electric Heat Tracing Market Outlook, By System Components (2018-2027) ($MN)
11 Global Electric Heat Tracing Market Outlook, By Heating Tracing Cables (2018-2027) ($MN)
12 Global Electric Heat Tracing Market Outlook, By Insulation Material (2018-2027) ($MN)
13 Global Electric Heat Tracing Market Outlook, By Power Connection Kit (2018-2027) ($MN)
14 Global Electric Heat Tracing Market Outlook, By Monitoring and Control Systems (2018-2027) ($MN)
15 Global Electric Heat Tracing Market Outlook, By Thermostats (2018-2027) ($MN)
16 Global Electric Heat Tracing Market Outlook, By Thermocouples (2018-2027) ($MN)
17 Global Electric Heat Tracing Market Outlook, By Resistance Temperature Detectors (2018-2027) ($MN)
18 Global Electric Heat Tracing Market Outlook, By Type (2018-2027) ($MN)
19 Global Electric Heat Tracing Market Outlook, By Constant Wattage (2018-2027) ($MN)
20 Global Electric Heat Tracing Market Outlook, By Mineral Insulated (2018-2027) ($MN)
21 Global Electric Heat Tracing Market Outlook, By Parallel Constant Watt Heating Cable (2018-2027) ($MN)
22 Global Electric Heat Tracing Market Outlook, By Power-Limiting Heating Cable (2018-2027) ($MN)
23 Global Electric Heat Tracing Market Outlook, By Self-Regulating (2018-2027) ($MN)
24 Global Electric Heat Tracing Market Outlook, By Series Constant Watt Heating Cables (2018-2027) ($MN)
25 Global Electric Heat Tracing Market Outlook, By Skin Effect (2018-2027) ($MN)
26 Global Electric Heat Tracing Market Outlook, By Application (2018-2027) ($MN)
27 Global Electric Heat Tracing Market Outlook, By Floor Heating (2018-2027) ($MN)
28 Global Electric Heat Tracing Market Outlook, By Freeze Protection (2018-2027) ($MN)
29 Global Electric Heat Tracing Market Outlook, By Process Temperature Maintenance (2018-2027) ($MN)
30 Global Electric Heat Tracing Market Outlook, By Roof & Gutter De-Icing (2018-2027) ($MN)
31 Global Electric Heat Tracing Market Outlook, By Viscosity Control (2018-2027) ($MN)
32 Global Electric Heat Tracing Market Outlook, By End User (2018-2027) ($MN)
33 Global Electric Heat Tracing Market Outlook, By Chemicals (2018-2027) ($MN)
34 Global Electric Heat Tracing Market Outlook, By Commercial (2018-2027) ($MN)
35 Global Electric Heat Tracing Market Outlook, By Food & Beverages (2018-2027) ($MN)
36 Global Electric Heat Tracing Market Outlook, By Oil & Gas (2018-2027) ($MN)
37 Global Electric Heat Tracing Market Outlook, By Pharmaceuticals (2018-2027) ($MN)
38 Global Electric Heat Tracing Market Outlook, By Power, Energy & Heavy Industry (2018-2027) ($MN)
39 Global Electric Heat Tracing Market Outlook, By Residential (2018-2027) ($MN)
40 Global Electric Heat Tracing Market Outlook, By Water & Wastewater Management (2018-2027) ($MN)
41 Global Electric Heat Tracing Market Outlook, By Other End Users (2018-2027) ($MN)
42 Global Electric Heat Tracing Market Outlook, By Pulp & Paper (2018-2027) ($MN)
43 Global Electric Heat Tracing Market Outlook, By Textile (2018-2027) ($MN)
44 Global Electric Heat Tracing Market Outlook, By Transportation (2018-2027) ($MN)
45 Global Electric Heat Tracing Market Outlook, By Sales Channel (2018-2027) ($MN)
46 Global Electric Heat Tracing Market Outlook, By Distributor (2018-2027) ($MN)
47 Global Electric Heat Tracing Market Outlook, By Direct Sales (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.