Dublin, April 11, 2024 (GLOBE NEWSWIRE) -- The "Flexible Heaters - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Flexible Heaters Market to Reach $2 Billion by 2030
The global market for Flexible Heaters estimated at US$1.2 Billion in the year 2023, is projected to reach a revised size of US$2 Billion by 2030, growing at a CAGR of 6.4% over the analysis period 2023-2030.
Flexible heaters, as indicated by their global key competitors' percentage market share and competitive market presence in 2023, are a significant segment within the heating technology domain. An introduction to flexible heaters provides a foundational understanding, outlining their diverse types and applications.
Silicone Rubber-Based Heaters, one of the segments analyzed in the report, is projected to record 7.3% CAGR and reach US$680.5 Million by the end of the analysis period. Growth in the Polyimide-Based Heaters segment is estimated at 6.7% CAGR for the next 8-year period.
Examining the global market prospects and outlook sheds light on the factors driving growth, with a focus on the properties that make materials like silicone and polyimide suitable options for flexible heaters. The anticipation of developing economies boosting long-term growth underscores the expanding market opportunities.
Competitive dynamics within the flexible heaters market highlight the active engagement of players worldwide, emphasizing the importance of innovation and market strategies. Recent market activity serves as a lens into the evolving landscape, reflecting advancements, collaborations, and strategic moves within the industry.
The U.S. Market is Estimated at $314.2 Million, While China is Forecast to Grow at 7.5% CAGR
The Flexible Heaters market in the U.S. is estimated at US$314.2 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$405.2 Million by the year 2030 trailing a CAGR of 7.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 5.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR.
MARKET OVERVIEW
- Global Economic Update
- Flexible Heaters - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
- An Introduction to Flexible Heaters
- Types of Flexible Heaters
- Global Market Prospects & Outlook
- Properties Making Silicone & Polyimide Suitable Options
- Developing Economies to Boost Long-term Growth
- Competition
- Recent Market Activity
MARKET TRENDS & DRIVERS
- Myriad Benefits of Flexible Heaters Augur Well for the Market
- Advantages of Flexible Printed Circuits
- Flexible Heaters: Offering Convincing Value Proposition for Diverse Applications
- Electronics & Semiconductors Industry Continues to Drive Opportunities in the Flexible Heaters Market
- Consumer Electronics Sector, a Key Growth Sector
- Global Opportunity for Consumer Electronics (In US$ Million) for Years 2020, 2022, 2024, 2026 and 2028
- Growing Role of Flexible Heaters in Medical Applications: Potential for Growth
- Aerospace & Defense: Important Role of Flexible Heaters in Preventing Damage of Critical Components
- Kapton Flexible Heaters Ideal for Several Heating Applications in the Aerospace Industry
- Flexible Printed Heaters Emerge as Promising Warming Elements in the Automotive Industry
- Food & Beverage Industry: Need to Maintain Specific Temperatures Drives Demand for Flexible Heaters
- Flexible Printed Heaters Emerge as Untapped Gem in Outdoor Apparel Space
- Growing Use of Flexible Heaters in Battery Warmers
- Need for the Right Mounting Method for Flexible Heaters
- Flexible Printed Heaters for Wearables
- Technology Advances in Flexible Heaters Propel Market Gains
- Challenges Confronting Use of Flexible Heaters
FOCUS ON SELECT PLAYERS(Total 124 Featured)
- Acim Jouanin SA
- Epec LLC
- Dpstar group
- Heatron, Inc.
- Digi-Key Electronics
- Durex Industries, Inc.
- Eastwest Engineering & Electronics Pvt., Ltd.
- Heatrex
- Chromalox
- Eemax Inc.
- ElectroHeat Sweden AB
- Embro GmbH
- Cetal S.A.S.
- Big Chief, Inc.
- Alper S.R.L.
For more information about this report visit https://www.researchandmarkets.com/r/wtbdba
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