Heating Cable Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028
Heating cables are extensively used for commercial purposes, such as anti-freezing, where maintaining the density and viscosity of fluid is a major concern.
Despite the immense market share of the commercial segment, the residential segment is projected to observe growth at a CAGR of around 4% over the forecast period.
Heating cables have multiple applications in the residential sector, from floor heating to gutter anti-freezing. This provides a strong posture for the residential segment of heating cables as well.
The China market for heating cables is expected to expand at the highest CAGR of close to 8% over the forecasted period.
The U.S. currently has the largest consumer density of heating cables in the world, and the long-term market dynamics for North America look positive.
Companies
- Wuhu Jiahong New Material Co. Ltd
- SST Group
- Thermopads
- Fine Korea Co. Ltd
- Raychem (nVent Electric)
- XAREX by E&STEC Co. Ltd
- Siemens AG
- ABB Ltd
- Schneider Electric SE
- Rockwell Automation Inc
Market-Segmentations
By Product Type
- Constant Electric Power
- Constant Wattage
- Self-Regulating
Maximum Temperature (F)
- Below 100
- 100 – 150
- 150 – 200
- Above 200
Maximum Wattage
- Below 50
- 50 – 100
- 100 – 150
- Above 150
Packaging Format
- Bulk (B2B) Packaging
- B2C Packaging Format
- Conductor Material
- Copper
- Aluminum
- Others
By Application
- Freeze protection
- Temperature maintenance
- Snow Melting On Driveways
- Gulley and roof snow/ice protection
- Underfloor heating
- Others
By End Use
- Residential
- Commercial
Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
Geographic Coverage
- North America Market Size and/or Volume
- Latin America Market Size and/or Volume
- Europe Market Size and/or Volume
- Asia-Pacific Market Size and/or Volume
- Rest of the world Market Size and/or Volume
Key Questions Answered by Heating Cable Market Report
- What was the Heating Cable Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of the Heating Cable Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Heating Cable Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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