The ‘Global Thick Film Heater Market Size, Share, Price, Analysis, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global thick film heater market, assessing the market on the basis of its segments like products, applications, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): Nearly USD 106.3 Billion
- Forecast CAGR (2023-2028): 4.40%
- Forecast Market Size (2028): Around USD 136.8 Billion
Thick film heaters support users to lower their energy needs, eliminate heat loss in ambient environments, and possess the ability to customise their electrical properties, shape, and size.
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Moreover, ceramic thick film heaters are gaining popularity as they provide enhanced safety, ease of operation, excellent flexibility, high ductility, and exceptional strength, among others, hence fuelling the overall thick film heater market.
In the robustly growing medical sector, thick film heaters are used in different medical devices and machines used for MRIs, dialysis, blood testing, CPAP, and DNA analysis. Due to their high-temperature uniformity, repeatable heating pattern, and low thermal resistance, such heaters are also used in fluid warming, device sterilisation, temperature therapy, and instrument warning, among others.
Thick Film Heater Industry Definition and Major Segments
Thick film heaters, variously known as printed heaters, refer to heating elements that are made by combining various components and layers. The thickness of such heaters is typically less than 0.35nm. They offer various benefits, including efficient and improved heat transfer, low space requirements, increased thermal output capabilities, enhanced heat distribution, and high-power density.
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The market, on the basis of product, is categorised into:
- Metal Thick Film Heater
- Ceramic Thick Film Heater
Based on application, the market is divided into:
- Medical Equipment
The major regions in the thick film heater market include:
- Asia Pacific
- Latin America
- Middle East and Africa
Thick Film Heater Market Trends
The growing environmental consciousness is boosting the usage of thick film heaters as they have a smaller carbon footprint than traditional heaters and provide precise heating to minimise energy waste.
With increasing thermal demands from various end-use sectors, including food and beverage, petrochemical, oil and gas, and power generation, among others, the usage of thick film heaters is surging.
In addition, the rising use of the product in the manufacturing of automobiles is propelling the thick film heater market. The rising demand for hybrid and electric vehicles in the coming years is likely to significantly boost the deployment of thick film heaters for applications like the maintenance of fuel cell temperature, comfort heating, and motor heating, among others.
Key Market Players
The major players in the thick film heater market report are
- Chromalox, Inc.
- Datec Coating Corporation
- Ferro Techniek B.V.
- Noritake Co., Limited
- Heatron, Inc.
- Thermo Heating Elements, LLC
- Sedes Group Heating Elements
- Hugeworth Industry Limited
- Flexitech Avia
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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