Global flexible heater market is expected to reach USD 1,720.8 Million by 2025 at a CAGR of 8.6% during the forecast period from 2018-2025. Rising demand from industries and technological improvements and use of innovative products are estimated to drive the market growth
A flexible heater is defined as equipment which can conform to the surfaces which need heating. It is a chemically carved, screen printed or wire wound heater which is flexible enough to bend down to meet out need. There are various types of flexible heaters such as silicone rubber heaters, polyimide film heaters, heating tapes, heating tapes with thermostats, rope heaters, wrap around tank heaters, gas cylinder heaters, and custom sizes. It helps to heat-up and cool-down fastly and provides homogeneous heat distribution and high watt densities. For instance, in March 2018, Rogers Corporation introduced ARLON rapid polyimide (raPld) substrate, a new and innovative solution for streamlining the manufacturing process and improving the performance of flexible heater applications.
Global Flexible Heater Market Key Findings:
All the segments have been analyzed on global, regional and country basis. The study includes an analysis of more than 30 countries for each segment.
The flexible heater market is segmented by type and industry
Regional Segmentation Analysis:
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and the Middle East and Africa. North America region dominated the global flexible heater market with USD 393.46 Million in 2017 where as the Asia Pacific region is growing rapidly in the market.
Global Flexible Heater Market Competitive Analysis:
Key players in the Flexible Heater market are NIBE Industrier AB, Honeywell International, Omega Engineering, Watlow Electric Manufacturing, Smiths Group plc, Chromalox, Rogers Corporation., Minco Products, Zoppas Industries., All Flex Flexible Circuits. For instance, in February 2018, NIBE acquired Hemi Heating. Hemi Heating manufactures heating jackets, heating tents, heating cables, heater fans, and several different temperature control options. Founded in 1991 and having the annual turnover of ~USD 2.4 million, Hemi Heating became a part of NIBE Element business segment as a subsidiary of Backer BHV.
This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global flexible heater market by below-mentioned segments:
Global Flexible Heater Market, By Type:
Global Flexible Heater Market, By Industry:
Global Flexible Heater Market, By Regions:
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