Industrial Air Heaters Market Scenario:
The Industrial Air Heater Market is projected to grow from USD 32874.4 Million in 2021 to USD 48247.1 Million by 2032, exhibiting a compound annual growth rate (CAGR) 4.4% during the forecast period (2023 - 2032). Air heaters are used to heat the air, while industrial air heaters are used in many industries for heating, drying, calcination, melting, and chemical processing applications. These air heaters are designed to heat up to 1,500áµ’F of flowing air. Industrial air heaters are processed air heaters that can be operated efficiently using a temperature control device. The compact design and high efficiency of industrial air heaters allow them to be used for several varied applications. In most of the heating elements, with the help of the Joule heating cycle, a heating element transforms electricity into heat. Resistance is encountered by an electric current through the element, resulting in heating of the element. It is important that the industrial air heaters possess a high melting point. They are usually free from open atmospheric oxidation. They have high tensile strength and must possess adequate ductility to pull wire-like metal or alloy. Furthermore, they must also have high resistivity and a low resistance coefficient of temperature. Industrial air heaters are widely used in high-temperature ovens, convection ovens, the medical packaging industry, and adhesive curing (tri-seals and cartons).
Global Industrial Air Heaters Market has been segmented by Fuel Type, Material Type, Technology Type, Capacity Type, End-Use, Application Type, and Region.
Based on fuel type, the global industrial air heaters market can be segmented into gasoline-powered, diesel-powered, natural fuel-powered, and electric-powered. The electric-powered segment is anticipated to grow at a significant CAGR in the coming years.
By material type, the global industrial air heaters market has been split into steel, aluminum, and alloy. The steel segment held a sizeable share and is anticipated to grow at a significant CAGR in the coming years. By technology type, the industrial air heaters market can be bifurcated into direct fired and indirect fired. The direct-fired segment is anticipated to grow at a CAGR in the coming years. By capacity type, the industrial air heaters market can be bifurcated into less than 1 Kw, 1–5 KW, 5–10KW, 15–20KW, and more than 20 KW. The 1–5 KW segment is anticipated to grow at a significant CAGR in the coming years.
By end-use, the industrial air heaters market can be bifurcated into general manufacturing, food & beverages, and medical & pharmaceutical. The general manufacturing segment is anticipated to grow at a CAGR in the coming years.
By application type, the industrial air heaters market can be bifurcated into air & gas heating, chemical reactor, lube & fuel oil heating, water-glycol heating, and medical packaging application. The air & gas heating segment is anticipated to grow at a CAGR in the coming years.
Key Players
Key Players in the Global Industrial Air Heaters Market are Chromalox, Inc. (US), Titan Industrial Heating Systems Inc (US), Babcock Wanson (UK), Mitsubishi Heavy Industries Machinery Systems (Japan), Backer Hotwatt Inc (US), Heaters Controls and Sensors Ltd (Canada), Auzhan Electric Appliances (China), Penn Radiant Products (US), Heatrod Elements (US), and OhmEx Industrielle Elektrowärme GmbH (Germany).
Market Segmentation
In the next few years, the growing industrial applications of these air heaters and increasing end-users from the medical & pharmaceutical industry are expected to drive the demand for industrial air heaters. Furthermore, in the global industrial air heater industry, the increasing chemical processing operations are anticipated to be a significant driver for the demand for industrial air heaters.
Based on region, the global industrial air heaters market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. In Asia-Pacific, there is a consistent rise in the production of general daily used products and rapid industrialization, which is expected to drive the market for this region. The European market is well known for rapid industrial developments, which require industrial air heaters for different processes. This is likely to drive the growth of the regional market.
Intended Audience
- Government and Research Organizations
- Consulting Companies in the Industrial Air Heaters Market
- Raw Material Suppliers
- Industrial Air Heaters Manufacturers
- Independent and Authorized Dealers of Industrial Air Heaters Manufacturers
- Research Consultants
- Investors and Shareholder
| Report Attribute/Metric |
Details |
| Market Size 2021 |
USD 32874.4 Million |
| Market Size 2023 |
USD XX Billion |
| Market Size 2032 |
USD 48247.1 Million |
| Compound Annual Growth Rate (CAGR) |
4.4% (2023-2032) |
| Base Year |
2022 |
| Market Forecast Period |
2023-2032 |
| Historical Data |
2018- 2022 |
| Market Forecast Units |
Value (USD Billion) |
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Fuel Type, Material Type, Technology Type, Capacity Type, End-Use, Application Type, and Region |
| Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered |
The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled |
Chromalox, Inc. (US), Titan Industrial Heating Systems Inc (US), Babcock Wanson (UK), Mitsubishi Heavy Industries Machinery Systems (Japan), Backer Hotwatt Inc (US), Heaters Controls and Sensors Ltd (Canada), Auzhan Electric Appliances (China), Penn Radiant Products (US), Heatrod Elements (US), and OhmEx Industrielle Elektrowärme GmbH (Germany) |
| Key Market Opportunities |
The increasing chemical processing operations |
| Key Market Dynamics |
Growing industrial applications of these air heaters Increasing end-users |
Industrial Air Heaters Market Highlights:
Frequently Asked Questions (FAQ) :
Rapid industrialization worldwide and the spurring rise in the manufacturing industry are major tailwinds pushing the growth of the global industrial air heaters market.
The steel segment accounts for the leading material segment in the global industrial air heaters market.
The general manufacturing segment accounts for the leading end-use segment in the global industrial air heaters market.
Chromalox, Inc. (US), Titan Industrial Heating Systems Inc (US), Babcock Wanson (UK), Mitsubishi Heavy Industries Machinery Systems (Japan), Backer Hotwatt Inc (US), Heaters Controls and Sensors Ltd (Canada), Auzhan Electric Appliances (China), Penn Radiant Products (US), Heatrod Elements (US), and OhmEx Industrielle Elektrowärme GmbH (Germany), are some of the top players operating in the global industrial air heaters market.
Asia Pacific is expected to hold the highest market share in the global industrial air heaters market.
