Flexible Heater Market Valuation Influenced by Coronavirus Pandemic | Statistics Data, Leading Manufacturers, Growth Factors, Competitive Landscape, Demand and Business Boosting Strategies till 2023

Flexible Heater Market Valuation Influenced by Coronavirus Pandemic | Statistics Data, Leading Manufacturers, Growth Factors, Competitive Landscape, Demand and Business Boosting Strategies till 2023

“Flexible Heater Market”
Flexible Heater Market Research Report 2020| Covid-19 (CoronaVirus) Impact on Flexible Heater Industry: Size, Share, Trends, Growth, Sales, Revenue, Risk and Opportunity Assessment with Regional Analysis and Segmentation By Type (Silicone Rubber-Based, Polyimide-Based, Polyester-Based, Mica-Based), Application (Electronics & Semiconductor, Medical, Aerospace & Defense, Food & Beverage, Automotive, Oil & Gas) — Global Forecast till 2023

Flexible heater, as the name suggests, are bendable heaters, which can be shaped according to the shape of the surface that needs heating. These heaters are made from silicone rubber, polyamide film heating tapes, and other materials. They are thin and lightweight, which makes them useful in various applications and are rugged and efficient at the same time. The demand for flexible heaters in the medical industry is rising, and the rapid global expansion of this industry has provided lucrative growth opportunities to this market.

The companies have developed portable battery-powered devices, which has added to the tally of this market and has accelerated the growth process. The companies have developed innovative products to meet the rising demands for specialized devices for various applications. The increasing global demands for electronics and semiconductors have boosted the market growth and will drive the market towards a stable future.

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The companies invest in research & development programs to unfold the new aspects, imposing an extra load on the market but will help the market gain accelerated speeds. Apart from the uses and features, the global flexible heater market faces challenges from the high costs involved and limited awareness, which has restrained the global market growth. This report provides a comprehensive outlook on competition, opportunities, drivers & restraints, and other factors affecting the local and global flexible heater market. The global market is anticipated to register approximately a 8% annual growth during this period.

Flexible Heater Global Industry Key Players

The key players in the flexible heater market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are Nibe Industrier AB (Sweden), Honeywell International Inc. (US), OMEGA Engineering (US), Watlow Electric Manufacturing Co. (US), Smiths Group PLC (UK), Chromalox, Inc. (US), Rogers Corporation (US), Minco (US), Zoppas Industries (Italy), and Tempco Temperature Measurement Pvt. Ltd (India) Electric Heater Corporation (US). These players contribute significantly to the market growth.

Apart from the top key players, the other players contribute nearly 30%–35% in the flexible heater market. These include All Flex Flexible Circuits & Heaters (US), Thermocoax (France), Durex Industries (US), Holroyd Components (UK), Hotset India Private Limited (India), MIYO Technology Co., Ltd (Taiwan), Thermo Heating Elements LLC (US), Bucan Electric Heating Devices Inc. (US), Delta/Acra (US), and Nel Technologies Ltd (UK).

Intended Audience

  • System integrators
  • OEMs/ODMs
  • Electronic Component Manufacturers
  • Service Providers
  • Resellers and Distributors
  • Consultancy and advisory firms
  • Government Agencies
  • Consulting Firms
  • Research Institutes and Organizations
  • Technology Standards Organizations

Market Division

The global flexible heater market is segmented into classes as follows:

The global flexible heater market is categorized into silicone rubber-based, polyester-based, mica-based, and others based on product types.

The global flexible heater market is divided among healthcare, automotive, oil & gas, food & beverage, and others based on end-users.

Regional Classification

The flexible heater market has gained global adoption due to a rise in consumer electronics demands, increasing the adoption of better technologies, and increasing applications. The Asia Pacific, North America, Europe, and the rest of the world are the major market studies for the global flexible heater market. The Asia Pacific region is leading the market due to the presence of key manufacturers, large production capacities, rapid research & development programs, rapidly developing healthcare system, growing awareness, increasing defense budgets, demand for better technologies, and other factors with India and China among the major contributors in consumption and production capacities.

Industry News

The global flexible heater market is growing at lightning speeds due to increasing demands for effective & dependable technologies and rapid expansion of the consumer electronics industry. The rapid expansion of the food & beverage and oil & gas industry has provided significant growth to this market. The Asia Pacific region is the current market leader and will maintain its post during this tenure due to large consumer electronics and semiconductor markets. Also, the rise in healthcare standards in this region has increased the demand for advanced medical devices, which has provided the market with an additional boost.

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