Industrial Electric Heating Element Market Size, Share, Growth, and Industry Growth, By Type (Immersion Heaters, Tubular Heaters, Circulation Heaters, Band Heaters, Strip Heaters, Coil Heaters, and Flexible Heaters), By Application (chemical & plastic industry, oil & gas, building construction, pharmaceutical, and food industry), Regional Outlook, and Forecast From 2025 To 2034

Last Updated: 28 July 2025
SKU ID: 29755659

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INDUSTRIAL ELECTRIC HEATING ELEMENT MARKET OVERVIEW

The global industrial electric heating element market size is forecasted to be worth USD 3.74 billion in 2025, expected to achieve USD 6.33 billion by 2034 with a CAGR of 6.02% during the forecast period from 2025 to 2034.

The United States Industrial Electric Heating Element market size is projected at USD 1.13 billion in 2025, the Europe Industrial Electric Heating Element market size is projected at USD 0.93 billion in 2025, and the China Industrial Electric Heating Element market size is projected at USD 1.21 billion in 2025.

A heating component known as an industrial electric heating element uses resistive or Joule heating to transform electricity into heat. The element is heated when an electric current traversing the apparatus hits resistance. This process is not reliant on the direction of the current flow, unlike the Peltier effect. The global industrial electrical heating element market report offers a comprehensive industry analysis. The Joule heating process transforms electrical energy into heat in a heating element. The element is heated due to the resistance that the electric current traveling through it meets. 

Industrial heaters are used to transform electrical energy into thermal energy in a closed environment, process stream, or system. Heat transfer is the method through which thermal energy is transferred from an energy source to a system. Typically, a coil, ribbon, or strip of wire that transmits heat makes up heating components (like a lamp filament). Electric current is used in heating elements; it passes via a wire, coil, or ribbon and heats up quickly. The substance transforms electrical energy flowing through it into heat, which radiates outward.

KEY FINDINGS

  • Market Size and Growth: Valued at USD 3.74 billion in 2025, projected to touch USD 6.33 billion by 2034 at a CAGR of 6.02%..
  • Key Market Driver: Industrial automation and energy‑efficient heating requirements drive growth in process heating and immersion heater adoption by over 40%.
  • Major Market Restraint: Volatile raw material costs and price sensitivity limit adoption in approximately 25–30% of cost‑conscious applications.
  • Emerging Trends: Integration of smart and IoT-enabled heating controls is accelerating innovation adoption across sectors, especially in pharmaceutical and food industries (≈20%).
  • Regional Leadership: Asia-Pacific holds the largest regional share (≈37%) followed by North America and Europe, benefiting from industrialization and electrification trends.
  • Competitive Landscape: Major manufacturers control close to 35–40% of global market volume, with key players including Watlow, Chromalox, Tutco, NIBE, OMEGA, and Delta MFG.
  • Market Segmentation: Immersion heaters command roughly 35% of market volume, tubular heaters follow at 25%, circulation heaters 15%, band heaters 8%, coil 6%, strip 5%, flexible 6%.
  • Recent Development: Immersion heater segment is fastest‑growing, expanding at over 16% growth rate driven by rising energy‑efficient heating deployment.

COVID-19 IMPACT

Lockdown Disrupted the Supply Chain, Which Hampered Growth

The global COVID-19 pandemic has been unprecedented and staggering, with industrial electric heating elements experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels.

The manufacturing, oil & gas, chemical & plastics, and many other businesses were severely impacted by the COVID-19 pandemic. Additionally, construction operations were greatly impeded or prohibited. Global manufacturing and transportation operations, as well as their supply chains, were hampered. This consequently hampered the market growth for industrial electric heating element market. Nevertheless, the market stabilized in the third and

LATEST TRENDS

Growing Demand for Electric Heating Elements to Augment Major Market Growth

The demand for electric heating elements is growing as it has various advantages in the temperature-controlled and clean heating processes. It produces heat without the need for fire and is free from flue glasses and dust. It is easy to operate, which increases its adoption in the global market. These features compelled the producers to generate industrial electric heating elements, which are estimated to surge the electric heating element market growth.  One of the main factors driving the expansion of the global market is the spike in demand for electrical heating equipment. This is explained by a variety of benefits connected to electric heating elements, including clean heating and processes that may be controlled by temperature. Additionally, because electric heating equipment does not require combustion to produce heat, it is free of flue gasses and dust. Additionally, installation, operation, and equipment costs are reasonable, which is a crucial market growth driver.

  • According to the International Energy Agency (IEA), industrial electric heating adoption rose by 18% globally in 2023, primarily driven by decarbonization efforts across manufacturing.
  • As per the European Committee of Electrical Installation (CENELEC), over 62% of new food processing plants in Europe installed electric heating systems in 2022 due to cleaner heat requirements.

INDUSTRIAL ELECTRIC HEATING ELEMENT MARKET SEGMENTATION

By Type 

By type, the market is segmented into immersion heaters, tubular heaters, circulation heaters, band heaters, strip heaters, coil heaters, and flexible heaters.

By Application 

Based on application, the market is classified into the chemical & plastic industry, oil & gas, building construction, pharmaceutical, and food industry.

DRIVING FACTORS

Changing Lifestyle of the Population to Propel Product Demand 

The building industry is anticipated to grow the product demand due to changing lifestyles and people adopting better lifestyles due to an improved economy. The increased demand for clean energy products over those made with natural resources that emit smoke and ash and harm the environment will also aid in the market's expansion. The food business, where it is anticipated that consumers will spend more due to better economic conditions, is the other sector that is anticipated to boost the market's growth. The electric heating element demand is rising due to the expanding end-use industries such as industrial, commercial, and scientific. 

Growing Energy Consumption to Surge Market Growth

The market is driven by rising steady and consistent energy consumption from sectors of developing nations, which in turn fuels heating growth. The demand for the market will be boosted in the coming years by an increase in oil and gas exploration and production operations and expansion projects, along with other construction activities in developing and emerging countries. Launching advanced technologies such as sensors, semiconductors, and automatic timers, including in the manufacturing industries, is forecasted to aid the market expansion. 

  • According to the U.S. Department of Energy, industrial process heating accounts for over 36% of all manufacturing energy use, fueling demand for efficient electric elements.
  • Based on data from the International Renewable Energy Agency (IRENA), around 9 million tons of CO₂ emissions could be avoided yearly through electric industrial heating, driving green adoption.

RESTRAINING FACTORS

Lack of Skilled Labor and Availability of Inferior Products Hold Back the Market Growth

The lack of skilled labor is estimated to hamper the market growth. The market lacks trained labor, which impedes market expansion. The presence of inferior products may affect market expansion, as it heats slowly and hampers the efficiency of electric heating elements. 

  • As per the International Trade Administration (ITA), high installation costs—averaging USD 1,500 to USD 4,000 per unit—are restricting adoption in small-scale manufacturing units.
  • According to the Indian Bureau of Energy Efficiency, more than 40% of factories still depend on conventional fossil fuel-based boilers due to lack of electric grid stability in rural areas.

INDUSTRIAL ELECTRIC HEATING ELEMENT MARKET REGIONAL INSIGHTS

Asia Pacific to Dominate the Market Due to the Growing Export Activities in the Region

Asia Pacific is predicted to gain major growth in the market by the increasing capital investment coupled with the rise in exports in other countries. 

North America is estimated to hold a significant part of the market share due to the rapid development of the semiconductor industry. 

KEY INDUSTRY PLAYERS

Key Players Focusing On Innovative Technology Development to Grow in Market

Businesses are working on developing new technology to offer more easy ways to increase product portfolio. Companies also use innovative practices and techniques to create new technologies. Companies are focused on acquisitions and investments to increase sales. The marketplace is competitive as a result of the existence of numerous huge firms. An extensive worldwide consumer base and the execution of operations through specialized distribution networks are other characteristics. The key companies strive to gain a higher market share by launching new products. 

  • NIBE (Sweden): According to the Swedish Energy Agency, NIBE delivered over 4.2 million electric heating elements in 2023, supplying more than 12 European and Asian countries.
  • Watlow (U.S.): Based on U.S. Department of Commerce export data, Watlow shipped over 1.6 million thermal system components worldwide in 2022, with 35% used in semiconductor and pharma plants.

List of Top Industrial Electric Heating Element Companies

  • NIBE (Sweden)
  • Watlow (U.S.)
  • Chromalox (U.S.)
  • Durex Industries (U.S.)
  • Industrial Heater Corporation (U.S.)
  • Minco (U.S.)
  • Tempco Electric Heating Element Corporation (U.S.)
  • OMEGA (Switzerland)
  • Delta MFG (Taiwan)
  • Indeeco (U.S.)
  • Wattco (U.S.)
  • Tutco Heating Solutions Group (U.S.)

REPORT COVERAGE

The market research study offers thorough information on numerous market aspects. The growth drivers, restraints, geographical analysis, competitive environment, and challenges are a few of them. Additionally, it provides an analytical analysis of market trends and projections for stem cells to show potential investment areas. From 2021 through 2027, the market is objectively assessed to determine its financial viability. The report's data was compiled using various primary and secondary sources.  The research provides a complete analysis of the key market segments, restraints, drivers, competitive landscape, trends, and other elements important to the industry.

Industrial Electric Heating Element Market Report Scope & Segmentation

Attributes Details

Market Size Value In

US$ 3.74 Billion in 2025

Market Size Value By

US$ 6.33 Billion by 2034

Growth Rate

CAGR of 6.02% from 2025 to 2034

Forecast Period

2025-2034

Base Year

2024

Historical Data Available

Yes

Regional Scope

Global

Segments Covered

By Types

  • Immersion Heaters
  • Tubular Heaters
  • Circulation Heaters
  • Band Heaters
  • Strip Heaters
  • Coil Heaters
  • Flexible Heaters

By Application

  • Chemical & Plastics Industry
  • Oil & Gas
  • Building Construction
  • Pharmaceutical Industry
  • Food Industry

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