Global Flexible Heating Element Market – Overview
A flexible heater is a gadget which can be integrated onto a surface which needs heating, and can be molded to any shape of the heated object. These heaters are highly flexible in terms of design and application so as that they can fit in particular shapes and sizes. In addition to this, majority of these shapes, sizes, or contours can be used for applying direct and effective heat without compromising dependability. Flexible heaters have the capacity of operating with greater performance under several adverse conditions. They are also light in weight and easy to use. The low thermal mass of flexible heaters allows them to be used in many applications where weight is a concern and the space for placing the heater is limited. Flexible heaters have a broad range of industrial, commercial, and military applications.
Moreover, flexible heaters can be wound more than once without damaging internal heating taps and heating elements. Such properties of flexible heaters are essential in order to provide an effective and efficient heating source in a many applications, including medical devices, electronics, and many industrial applications such as tank, vessel, and drum heating. Flexible heaters are also used in food service equipment, battery heaters, ATM machines, aerospace, and automotive, amongst others
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Global Flexible Heating Element Market – Competitive Landscape
The global flexible heating element market has a highly fragmented competitive landscape. The fragmentation of the global market is due to the presence of several key players operating in the market space. Some of the key companies in the global flexible heating element market are Honeywell, NIBE Element, Watlow, Winkler GmbH, OMEGA, Holroyd Components, Frider Freek, Electricfor, Horn, Durex Industries, Minco, Chromalox, Hotset, Zoppas, Heatron, Wattco, Bucan, Thermelec Limited, CCI Thermal Technologies, and Headway Electric Heat Components Co., Ltd among others.
Global Flexible Heating Element Market – Drivers and Restraints
The global consumption of flexible heaters depends upon the rising demand for various end-use industries such as automotive, aerospace, and food and beverages. There is increasing consumption of electronics and digital devices, including temperature-resistant detectors, liquid crystal displays (LCDs), commercial food equipment, 3D printers, surgical devices, and other smart devices. Moreover, improvements in flexible heaters with advanced technology and reduction in costs are attributed to their increasing usage. All such factors are expected to drive the global flexible heaters market over the forecast period.
However, the production rate of automotive and electronic devices in the Middle East & Africa and some other developing countries is expected to challenge the growth of the flexible heaters market in these regions during the forecast period.
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Global Flexible Heating Element Market – Geographical Outlook
In terms of geographical outlook, the global flexible heating element market has five key regional segments. These regional segments are North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Of these, currently, the global flexible heating element market is being dominated by the Asia Pacific region. The region is projected to continue its dominance over the course of the given forecast period ranging from 2020 to 2030. The growth of the Asia Pacific flexible heating element market can be primarily attributed to the growing use of these elements in food, pharmaceutical, and semiconductor industries. China is projected to dominate the flexible heating element market in terms of manufacturing as the nation has a large number of distributors and manufacturers of these elements compared to other regions.
On the other hand, the regional segments of Europe and North America are also projected to experience a considerable rate of growth in the coming years of the forecast period. The growth in these regions can be attributed to developing semiconductor industry.