1 INTRODUCTION 24
1.1 STUDY OBJECTIVES 24
1.2 MARKET DEFINITION 24
1.3 STUDY SCOPE 25
1.3.1 MARKETS COVERED 25
1.3.2 REGIONAL SCOPE 25
1.4 INCLUSIONS AND EXCLUSIONS 26
1.5 YEARS CONSIDERED 26
1.6 CURRENCY CONSIDERED 26
1.7 STAKEHOLDERS 27
1.8 SUMMARY OF CHANGES 27
2 RESEARCH METHODOLOGY 28
2.1 RESEARCH DATA 28
FIGURE 1 ELECTRIC HEAT TRACING MARKET: RESEARCH DESIGN 28
2.1.1 SECONDARY DATA 29
2.1.1.1 Key data from secondary sources 29
2.1.2 PRIMARY DATA 29
2.1.2.1 Key industry insights 30
2.1.2.2 Breakdown of primaries 30
2.1.2.3 Key data from primary sources 31
2.2 MARKET SIZE ESTIMATION 31
2.2.1 BOTTOM-UP APPROACH 32
2.2.1.1 Approach for deriving market size by bottom-up analysis (demand side) 32
FIGURE 2 ELECTRIC HEAT TRACING MARKET: BOTTOM-UP APPROACH 32
2.2.2 TOP-DOWN APPROACH 33
2.2.2.1 Approach for deriving market size by top-down analysis (supply side) 33
FIGURE 3 ELECTRIC HEAT TRACING MARKET: TOP-DOWN APPROACH 33
FIGURE 4 SUPPLY-SIDE ESTIMATION TO ARRIVE AT MARKET SIZE 34
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 35
FIGURE 5 DATA TRIANGULATION 35
2.4 RESEARCH ASSUMPTIONS 36
3 EXECUTIVE SUMMARY 37
FIGURE 6 SELF-REGULATING SEGMENT TO DOMINATE ELECTRIC HEAT TRACING MARKET DURING FORECAST PERIOD 37
FIGURE 7 FREEZE PROTECTION AND PROCESS TEMPERATURE MAINTENANCE SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD 38
FIGURE 8 OIL & GAS VERTICAL TO LEAD ELECTRIC HEAT TRACING MARKET DURING FORECAST PERIOD 39
FIGURE 9 NORTH AMERICAN ELECTRIC HEAT TRACING MARKET TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD 40
4 PREMIUM INSIGHTS 41
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC HEAT TRACING MARKET 41
FIGURE 10 RISING DEMAND FOR ENERGY-EFFICIENT ELECTRIC HEAT TRACING SYSTEMS 41
4.2 NORTH AMERICAN ELECTRIC HEAT TRACING MARKET, BY COUNTRY AND VERTICAL 42
FIGURE 11 US AND OIL & GAS VERTICAL HELD LARGEST SHARES OF NORTH AMERICAN ELECTRIC HEAT TRACING MARKET IN 2021 42
4.3 ELECTRIC HEAT TRACING MARKET, BY COUNTRY 43
FIGURE 12 US TO RECORD HIGHEST CAGR IN ELECTRIC HEAT TRACING MARKET DURING FORECAST PERIOD 43
5 MARKET OVERVIEW 44
5.1 INTRODUCTION 44
5.2 MARKET DYNAMICS 44
FIGURE 13 ELECTRIC HEAT TRACING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 44
5.2.1 DRIVERS 46
5.2.1.1 Increasing adoption of electric heat tracing systems over conventional steam tracing systems 46
5.2.1.2 Rising demand for energy-efficient electric heat tracing systems 46
5.2.1.3 Low maintenance costs associated with electric heat tracing systems 47
5.2.2 RESTRAINTS 47
5.2.2.1 Adverse effects of overlapping heating cables 47
5.2.3 OPPORTUNITIES 47
5.2.3.1 Growing demand for heat tracing systems in various verticals 47
5.2.3.2 Rising adoption of heat tracing systems in power plants 48
5.2.4 CHALLENGES 49
5.2.4.1 Installation of heat tracing systems on tanks and large vessels 49
5.3 VALUE CHAIN ANALYSIS 49
FIGURE 14 ELECTRIC HEAT TRACING MARKET: VALUE CHAIN ANALYSIS 49
5.4 ECOSYSTEM ANALYSIS 51
5.5 AVERAGE SELLING PRICE ANALYSIS 51
FIGURE 15 AVERAGE SELLING PRICE OF ELECTRIC HEAT TRACING CABLES, 2017–2027 52
5.6 TECHNOLOGY ANALYSIS 52
5.7 CASE STUDY ANALYSIS 53
5.7.1 OIL & GAS 53
5.7.2 ENERGY & POWER 53
5.7.3 CHEMICAL 53
5.7.4 COMMERCIAL 53
5.8 PATENT ANALYSIS 54
FIGURE 16 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS 54
FIGURE 17 PATENT ANALYSIS RELATED TO ELECTRIC HEAT TRACING MARKET 54
TABLE 1 TOP 20 PATENT OWNERS IN LAST 10 YEARS 55
TABLE 2 PATENT ANALYSIS FOR ELECTRIC HEAT TRACING MARKET 56
6 ELECTRIC HEAT TRACING SYSTEM COMPONENTS 57
6.1 INTRODUCTION 57
6.2 ELECTRIC HEAT TRACING CABLES 57
6.3 POWER CONNECTION KITS 57
6.4 CONTROL AND MONITORING SYSTEMS 57
6.4.1 THERMOSTATS 57
6.4.2 RESISTANCE TEMPERATURE DETECTORS 58
6.4.3 THERMOCOUPLES 58
6.5 THERMAL INSULATION MATERIALS 58
6.6 OTHERS 58
7 DIFFERENT MODES OF ELECTRIC HEAT TRACING 59
7.1 INTRODUCTION 59
7.2 PIPES 59
7.3 VESSELS AND TANKS 59
7.4 RAIL TRACKS AND ROADS 59
7.5 ROOFS 60
7.6 OTHERS 60
8 MAXIMUM MAINTENANCE TEMPERATURES OF VARIOUS ELECTRIC HEAT TRACING CABLES 61
8.1 INTRODUCTION 61
8.2 UP TO 100°C 61
TABLE 3 ELECTRIC HEAT TRACING CABLES WITH MAXIMUM MAINTENANCE TEMPERATURE OF UP TO 100°C 61
8.3 101–250°C 62
TABLE 4 ELECTRIC HEAT TRACING CABLES WITH MAXIMUM MAINTENANCE TEMPERATURE FROM 101°C TO 250°C 62
8.4 ABOVE 250°C 64
TABLE 5 ELECTRIC HEAT TRACING CABLES WITH MAXIMUM MAINTENANCE TEMPERATURE ABOVE 250°C 64
9 ELECTRIC HEAT TRACING MARKET, BY TYPE 65
9.1 INTRODUCTION 66
FIGURE 18 SELF-REGULATING SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 66
TABLE 6 ELECTRIC HEAT TRACING MARKET, BY TYPE, 2018–2021 (USD MILLION) 66
TABLE 7 ELECTRIC HEAT TRACING MARKET, BY TYPE, 2022–2027 (USD MILLION) 67
9.2 SELF-REGULATING 67
9.2.1 GROWING ADOPTION OF SELF-REGULATING CABLES FOR TEMPERATURE MAINTENANCE 67
TABLE 8 SELF-REGULATING: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 68
TABLE 9 SELF-REGULATING: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 69
TABLE 10 SELF-REGULATING: ELECTRIC HEAT TRACING MARKET, BY REGION, 2018–2021 (USD MILLION) 69
TABLE 11 SELF-REGULATING: ELECTRIC HEAT TRACING MARKET, BY REGION, 2022–2027 (USD MILLION) 70
9.3 CONSTANT WATTAGE 70
9.3.1 INCREASING ADOPTION OF CONSTANT WATTAGE CABLES FOR FREEZE PROTECTION AND PROCESS TEMPERATURE MAINTENANCE 70
TABLE 12 CONSTANT WATTAGE: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 71
TABLE 13 CONSTANT WATTAGE: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 71
TABLE 14 CONSTANT WATTAGE: ELECTRIC HEAT TRACING MARKET, BY REGION, 2018–2021 (USD MILLION) 72
TABLE 15 CONSTANT WATTAGE: ELECTRIC HEAT TRACING MARKET, BY REGION, 2022–2027 (USD MILLION) 72
9.4 MINERAL-INSULATED 72
9.4.1 GROWING USE OF MINERAL-INSULATED CABLES IN HIGH-TEMPERATURE, HIGH-WATTAGE APPLICATIONS 72
TABLE 16 MINERAL-INSULATED: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 73
TABLE 17 MINERAL-INSULATED: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 74
TABLE 18 MINERAL-INSULATED: ELECTRIC HEAT TRACING MARKET, BY REGION, 2018–2021 (USD MILLION) 74
TABLE 19 MINERAL-INSULATED: ELECTRIC HEAT TRACING MARKET, BY REGION, 2022–2027 (USD MILLION) 75
9.5 SKIN EFFECT 75
9.5.1 RISING USE OF SKIN EFFECT CABLES TO TRACE LONG PIPELINES 75
TABLE 20 SKIN EFFECT: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 76
TABLE 21 SKIN EFFECT: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 76
TABLE 22 SKIN EFFECT: ELECTRIC HEAT TRACING MARKET, BY REGION, 2018–2021 (USD MILLION) 77
TABLE 23 SKIN EFFECT: ELECTRIC HEAT TRACING MARKET, BY REGION, 2022–2027 (USD MILLION) 77
10 ELECTRIC HEAT TRACING MARKET, BY APPLICATION 78
10.1 INTRODUCTION 79
FIGURE 19 FREEZE PROTECTION AND PROCESS TEMPERATURE MAINTENANCE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 79
TABLE 24 ELECTRIC HEAT TRACING MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 79
TABLE 25 ELECTRIC HEAT TRACING MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 80
10.2 FREEZE PROTECTION AND PROCESS TEMPERATURE MAINTENANCE 80
10.2.1 RISING USE OF ELECTRIC HEAT TRACING SYSTEM TO PREVENT FREEZING OF FLUIDS IN PIPES USED IN INDUSTRIAL, COMMERCIAL, AND RESIDENTIAL APPLICATIONS 80
10.2.2 VISCOSITY CONTROL 81
10.3 ROOF AND GUTTER DE-ICING 81
10.3.1 INCREASING INSTALLATION OF HEAT TRACE CABLES ON ROOFS AND INSIDE GUTTERS AND DOWNSPOUTS TO MAINTAIN DRAIN PATHS FOR WATER 81
10.4 FLOOR HEATING 82
10.4.1 HIGH ENERGY EFFICIENCY AND COST-EFFECTIVENESS OF ELECTRIC HEAT TRACING IN FLOOR HEATING 82
10.5 OTHERS 82
11 ELECTRIC HEAT TRACING MARKET, BY VERTICAL 83
11.1 INTRODUCTION 84
FIGURE 20 OIL & GAS VERTICAL TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 84
TABLE 26 ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 84
TABLE 27 ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 85
11.2 OIL & GAS 85
11.2.1 GROWING ADOPTION OF ELECTRIC HEAT TRACING TO FACILITATE PROCESSING, TRANSPORTATION, AND FREEZE PROTECTION OF ENERGY PRODUCTS IN UPSTREAM AND DOWNSTREAM APPLICATIONS 85
TABLE 28 OIL & GAS: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2018–2021 (USD MILLION) 86
TABLE 29 OIL & GAS: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2022–2027 (USD MILLION) 86
TABLE 30 OIL & GAS: ELECTRIC HEAT TRACING MARKET, BY REGION, 2018–2021 (USD MILLION) 86
TABLE 31 OIL & GAS: ELECTRIC HEAT TRACING MARKET, BY REGION, 2022–2027 (USD MILLION) 87
11.3 CHEMICAL 87
11.3.1 RISING APPLICATIONS OF ELECTRIC HEAT TRACING SYSTEMS IN PROCESS TEMPERATURE MAINTENANCE AND FREEZE PROTECTION 87
TABLE 32 CHEMICAL: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2018–2021 (USD MILLION) 87
TABLE 33 CHEMICAL: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2022–2027 (USD MILLION) 88
TABLE 34 CHEMICAL: ELECTRIC HEAT TRACING MARKET, BY REGION, 2018–2021 (USD MILLION) 88
TABLE 35 CHEMICAL: ELECTRIC HEAT TRACING MARKET, BY REGION, 2022–2027 (USD MILLION) 88
11.4 COMMERCIAL 89
11.4.1 RISING INSTALLATION OF HEAT TRACING SYSTEMS IN SCHOOLS, HOSPITALS, HOTELS, AND OFFICES 89
TABLE 36 COMMERCIAL: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2018–2021 (USD MILLION) 89
TABLE 37 COMMERCIAL: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2022–2027 (USD MILLION) 89
TABLE 38 COMMERCIAL: ELECTRIC HEAT TRACING MARKET, BY REGION, 2018–2021 (USD MILLION) 90
TABLE 39 COMMERCIAL: ELECTRIC HEAT TRACING MARKET, BY REGION, 2022–2027 (USD MILLION) 90
11.5 RESIDENTIAL 90
11.5.1 GROWING USE OF ELECTRIC HEAT TRACING CABLES IN ROOF DE-ICING AND FLOOR HEATING APPLICATIONS 90
TABLE 40 RESIDENTIAL: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2018–2021 (USD MILLION) 91
TABLE 41 RESIDENTIAL: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2022–2027 (USD MILLION) 91
TABLE 42 RESIDENTIAL: ELECTRIC HEAT TRACING MARKET, BY REGION, 2018–2021 (USD MILLION) 91
TABLE 43 RESIDENTIAL: ELECTRIC HEAT TRACING MARKET, BY REGION, 2022–2027 (USD MILLION) 91
11.6 POWER & ENERGY 92
11.6.1 INCREASING DEPLOYMENT OF ELECTRIC HEAT TRACING SYSTEMS IN COAL-FIRED POWER PLANTS 92
TABLE 44 POWER & ENERGY: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2018–2021 (USD MILLION) 92
TABLE 45 POWER & ENERGY: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2022–2027 (USD MILLION) 92
TABLE 46 POWER & ENERGY: ELECTRIC HEAT TRACING MARKET, BY REGION, 2018–2021 (USD MILLION) 93
TABLE 47 POWER & ENERGY: ELECTRIC HEAT TRACING MARKET, BY REGION, 2022–2027 (USD MILLION) 93
11.7 FOOD & BEVERAGE 93
11.7.1 GROWING USE OF ELECTRIC HEAT TRACING SYSTEMS TO MAINTAIN DESIRED TEMPERATURE 93
TABLE 48 FOOD & BEVERAGE: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2018–2021 (USD MILLION) 94
TABLE 49 FOOD & BEVERAGE: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2022–2027 (USD MILLION) 94
TABLE 50 FOOD & BEVERAGE: ELECTRIC HEAT TRACING MARKET, BY REGION, 2018–2021 (USD MILLION) 94
TABLE 51 FOOD & BEVERAGE: ELECTRIC HEAT TRACING MARKET, BY REGION, 2022–2027 (USD MILLION) 95
11.8 PHARMACEUTICAL 95
11.8.1 RISING ADOPTION OF ELECTRIC HEAT TRACING SYSTEMS TO MAINTAIN TEMPERATURE OF DRUGS AND MEDICINES IN SPECIFIC RANGES AND PREVENT DECOMPOSITION 95
TABLE 52 PHARMACEUTICAL: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2018–2021 (USD MILLION) 95
TABLE 53 PHARMACEUTICAL: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2022–2027 (USD MILLION) 96
TABLE 54 PHARMACEUTICAL: ELECTRIC HEAT TRACING MARKET, BY REGION, 2018–2021 (USD MILLION) 96
TABLE 55 PHARMACEUTICAL: ELECTRIC HEAT TRACING MARKET, BY REGION, 2022–2027 (USD MILLION) 96
11.9 WATER & WASTEWATER TREATMENT 97
11.9.1 HIGH USE OF ELECTRIC HEAT TRACING SYSTEMS TO PROTECT VALVES, PIPES, TANKS, AND INSTRUMENTATION LINES FROM FREEZING 97
TABLE 56 WATER & WASTEWATER TREATMENT: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2018–2021 (USD MILLION) 97
TABLE 57 WATER & WASTEWATER TREATMENT: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2022–2027 (USD MILLION) 97
TABLE 58 WATER & WASTEWATER TREATMENT: ELECTRIC HEAT TRACING MARKET, BY REGION, 2018–2021 (USD MILLION) 98
TABLE 59 WATER & WASTEWATER TREATMENT: ELECTRIC HEAT TRACING MARKET, BY REGION, 2022–2027 (USD MILLION) 98
11.10 OTHERS 98
11.10.1 PULP & PAPER 98
11.10.1.1 Use of electric heat tracing systems to maintain temperature of chemicals and compounds used in paper production 98
11.10.2 TRANSPORTATION 99
11.10.2.1 Use of electric heat tracing systems to avoid freezing of rail tracks in cold regions 99
11.10.3 TEXTILE 99
11.10.3.1 Use of skin effect heat tracing to trace molten polymer pipes 99
TABLE 60 OTHERS: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2018–2021 (USD MILLION) 99
TABLE 61 OTHERS: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2022–2027 (USD MILLION) 99
TABLE 62 OTHERS: ELECTRIC HEAT TRACING MARKET, BY REGION, 2018–2021 (USD MILLION) 100
TABLE 63 OTHERS: ELECTRIC HEAT TRACING MARKET, BY REGION, 2022–2027 (USD MILLION) 100
12 ELECTRIC HEAT TRACING MARKET, BY REGION 101
12.1 INTRODUCTION 102
FIGURE 21 NORTH AMERICA TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 102
TABLE 64 ELECTRIC HEAT TRACING MARKET, BY REGION, 2018–2021 (USD MILLION) 102
TABLE 65 ELECTRIC HEAT TRACING MARKET, BY REGION, 2022–2027 (USD MILLION) 103
12.2 NORTH AMERICA 103
FIGURE 22 NORTH AMERICA: SNAPSHOT OF ELECTRIC HEAT TRACING MARKET 104
TABLE 66 NORTH AMERICA: ELECTRIC HEAT TRACING MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 104
TABLE 67 NORTH AMERICA: ELECTRIC HEAT TRACING MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 105
TABLE 68 NORTH AMERICA: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 105
TABLE 69 NORTH AMERICA: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 106
TABLE 70 NORTH AMERICA: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2018–2021 (USD MILLION) 106
TABLE 71 NORTH AMERICA: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2022–2027 (USD MILLION) 106
12.2.1 US 107
12.2.1.1 Expanding oil & gas, chemical, power & energy, and commercial verticals 107
12.2.2 CANADA 107
12.2.2.1 Growing use of use electric heat tracing systems by transmission pipeline companies operating in petroleum industry 107
12.2.3 MEXICO 108
12.2.3.1 Abundance of oil & gas reserves and high energy export 108
12.3 EUROPE 108
FIGURE 23 EUROPE: SNAPSHOT OF ELECTRIC HEAT TRACING MARKET 109
TABLE 72 EUROPE: ELECTRIC HEAT TRACING MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 109
TABLE 73 EUROPE: ELECTRIC HEAT TRACING MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 110
TABLE 74 EUROPE: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 110
TABLE 75 EUROPE: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 111
TABLE 76 EUROPE: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2018–2021 (USD MILLION) 111
TABLE 77 EUROPE: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2022–2027 (USD MILLION) 111
12.3.1 RUSSIA 112
12.3.1.1 Wide network of oil and gas pipelines 112
12.3.2 UK 112
12.3.2.1 Growing commercial and residential verticals 112
12.3.3 GERMANY 113
12.3.3.1 Rising installation of heat tracing systems in residential and commercial verticals 113
12.3.4 FRANCE 113
12.3.4.1 High demand for heat tracing systems in oil & gas, chemical, commercial, and residential verticals 113
12.3.5 REST OF EUROPE 114
12.4 ASIA PACIFIC 114
FIGURE 24 ASIA PACIFIC: SNAPSHOT OF ELECTRIC HEAT TRACING MARKET 115
TABLE 78 ASIA PACIFIC: ELECTRIC HEAT TRACING MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 115
TABLE 79 ASIA PACIFIC: ELECTRIC HEAT TRACING MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 116
TABLE 80 ASIA PACIFIC: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 116
TABLE 81 ASIA PACIFIC: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 117
TABLE 82 ASIA PACIFIC: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2018–2021 (USD MILLION) 117
TABLE 83 ASIA PACIFIC: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2022–2027 (USD MILLION) 117
12.4.1 CHINA 118
12.4.1.1 Growing use of electric heat tracing systems to maintain fluid temperature of pipelines in oil & gas vertical 118
12.4.2 JAPAN 118
12.4.2.1 Increasing demand for heat tracing systems in various applications 118
12.4.3 SOUTH KOREA 119
12.4.3.1 Rising requirement for heat tracing systems in process temperature maintenance applications 119
12.4.4 REST OF ASIA PACIFIC 119
12.5 REST OF THE WORLD 119
TABLE 84 ROW: ELECTRIC HEAT TRACING MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 119
TABLE 85 ROW: ELECTRIC HEAT TRACING MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 120
TABLE 86 ROW: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 120
TABLE 87 ROW: ELECTRIC HEAT TRACING MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 120
TABLE 88 ROW: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2018–2021 (USD MILLION) 121
TABLE 89 ROW: ELECTRIC HEAT TRACING MARKET, BY TYPE, 2022–2027 (USD MILLION) 121
12.5.1 SOUTH AMERICA 121
12.5.1.1 Growing use of electric heat tracing systems for freeze protection, viscosity control, snow melting, and de-icing applications 121
12.5.2 MIDDLE EAST & AFRICA 122
12.5.2.1 High growth of oil & gas vertical and rising use of electric heat tracing systems for process temperature maintenance 122
13 COMPETITIVE LANDSCAPE 123
13.1 OVERVIEW 123
13.2 TOP FIVE COMPANY REVENUE ANALYSIS 123
FIGURE 25 ELECTRIC HEAT TRACING MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2017–2021 123
13.3 MARKET SHARE ANALYSIS: ELECTRIC HEAT TRACING MARKET, 2021 123
FIGURE 26 ELECTRIC HEAT TRACING MARKET: MARKET SHARE ANALYSIS, 2021 124
13.4 COMPETITIVE LEADERSHIP MAPPING 125
13.4.1 STARS 125
13.4.2 EMERGING LEADERS 125
13.4.3 PERVASIVE PLAYERS 125
13.4.4 PARTICIPANTS 125
FIGURE 27 ELECTRIC HEAT TRACING MARKET: COMPETITIVE LEADERSHIP MAPPING, 2021 126
13.5 COMPETITIVE SCENARIOS AND TRENDS 127
13.5.1 ELECTRIC HEAT TRACING MARKET: PRODUCT LAUNCHES, 2019–2022 127
13.5.2 ELECTRIC HEAT TRACING MARKET: DEALS, 2019–2021 129
14 COMPANY PROFILES 130
(Business overview, Products offered, Recent Developments, MNM view)*
14.1 KEY PLAYERS 130
14.1.1 NVENT ELECTRIC PLC 130
TABLE 90 NVENT ELECTRIC PLC.: COMPANY OVERVIEW 130
FIGURE 28 NVENT ELECTRIC PLC: COMPANY SNAPSHOT 131
TABLE 91 NVENT ELECTRIC PLC: PRODUCTS OFFERED 132
TABLE 92 NVENT ELECTRIC PLC: PRODUCT LAUNCHES 133
14.1.2 THERMON GROUP HOLDINGS, INC. 135
TABLE 93 THERMON GROUP HOLDINGS, INC.: COMPANY OVERVIEW 135
FIGURE 29 THERMON GROUP HOLDINGS, INC.: COMPANY SNAPSHOT 136
TABLE 94 THERMON GROUP HOLDINGS, INC.: PRODUCTS OFFERED 136
TABLE 95 THERMON GROUP HOLDINGS, INC: PRODUCT LAUNCHES 137
14.1.3 SPIRAX-SARCO ENGINEERING PLC 139
TABLE 96 SPIRAX SARCO ENGINEERING PLC: COMPANY OVERVIEW 139
FIGURE 30 SPIRAX-SARCO ENGINEERING PLC: COMPANY SNAPSHOT 140
TABLE 97 SPIRAX-SARCO ENGINEERING PLC: PRODUCTS OFFERED 140
14.1.4 NIBE INDUSTRIER AB 142
TABLE 98 NIBE INDUSTRIER AB: COMPANY OVERVIEW 142
FIGURE 31 NIBE INDUSTRIER AB: COMPANY SNAPSHOT 143
TABLE 99 NIBE INDUSTRIER AB: PRODUCTS OFFERED 144
TABLE 100 NIBE INDUSTRIER AB: PRODUCT LAUNCHES 144
14.1.5 BARTEC TOP HOLDING GMBH 146
TABLE 101 BARTEC TOP HOLDING GMBH: COMPANY OVERVIEW 146
TABLE 102 BARTEC TOP HOLDING GMBH: PRODUCTS OFFERED 146
14.1.6 DANFOSS 148
TABLE 103 DANFOSS: COMPANY OVERVIEW 148
FIGURE 32 DANFOSS: COMPANY SNAPSHOT 149
TABLE 104 DANFOSS: PRODUCTS OFFERED 150
14.1.7 ELTHERM GMBH 151
TABLE 105 ELTHERM GMBH: COMPANY OVERVIEW 151
FIGURE 33 ELTHERM GMBH: COMPANY SNAPSHOT 152
TABLE 106 ELTHERM GMBH: PRODUCTS OFFERED 152
14.1.8 EMERSON ELECTRIC CO. 154
TABLE 107 EMERSON ELECTRIC CO.: COMPANY OVERVIEW 154
FIGURE 34 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT 155
TABLE 108 EMERSON ELECTRIC CO: PRODUCTS OFFERED 155
TABLE 109 EMERSON ELECTRIC CO: PRODUCT LAUNCHES 156
14.1.9 WATLOW ELECTRIC MANUFACTURING COMPANY 157
TABLE 110 WATLOW ELECTRIC MANUFACTURING COMPANY: COMPANY OVERVIEW 157
TABLE 111 WATLOW ELECTRIC MANUFACTURING COMPANY: PRODUCTS OFFERED 157
14.1.10 DREXAN ENERGY SYSTEMS, INC. 158
TABLE 112 DREXAN ENERGY SYSTEMS, INC.: COMPANY OVERVIEW 158
TABLE 113 DREXAN ENERGY SYSTEMS, INC.: PRODUCTS OFFERED 158
14.2 OTHER PLAYERS 160
14.2.1 DREXMA INDUSTRIES INC. 160
TABLE 114 DREXMA INDUSTRIES INC.: COMPANY OVERVIEW 160
14.2.2 EBECO 161
TABLE 115 EBECO: COMPANY OVERVIEW 161
14.2.3 HEAT TRACE PRODUCTS, LLC 162
TABLE 116 HEAT TRACE PRODUCTS, LLC: COMPANY OVERVIEW 162
14.2.4 KING ELECTRICAL MFG. CO. 163
TABLE 117 KING ELECTRICAL MFG. CO.: COMPANY OVERVIEW 163
14.2.5 NEXANS 164
TABLE 118 NEXANS: COMPANY OVERVIEW 164
14.2.6 SST GROUP 165
TABLE 119 SST GROUP: COMPANY OVERVIEW 165
14.2.7 TRASOR CORP. 166
TABLE 120 TRASOR CORP.: COMPANY OVERVIEW 166
14.2.8 URECON LTD. 167
TABLE 121 URECON LTD.: COMPANY OVERVIEW 167
14.2.9 WARMUP 168
TABLE 122 WARMUP: COMPANY OVERVIEW 168
14.2.10 HEAT-LINE 169
TABLE 123 HEAT-LINE.: COMPANY OVERVIEW 169
14.2.11 VULCANIC GROUP 170
TABLE 124 VULCANIC GROUP: COMPANY OVERVIEW 170
14.2.12 KLOPPER-THERM GMBH & CO. KG 171
TABLE 125 KLOPPER-THERM GMBH & CO. KG: COMPANY OVERVIEW 171
14.2.13 GENERI, S.R.O. 172
TABLE 126 GENERI, S.R.O.: COMPANY OVERVIEW 172
14.2.14 TEMPCO ELECTRIC HEATER CORPORATION 173
TABLE 127 TEMPCO ELECTRIC HEATER CORPORATION: COMPANY OVERVIEW 173
14.2.15 VALIN CORPORATION 174
TABLE 128 VALIN CORPORATION: COMPANY OVERVIEW 174
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
15 ADJACENT AND RELATED MARKETS 175
15.1 INTRODUCTION 175
15.2 LIMITATIONS 175
15.3 UNDERFLOOR HEATING MARKET, BY INSTALLATION TYPE 175
TABLE 129 UNDERFLOOR HEATING MARKET, BY INSTALLATION TYPE, 2018–2021 (USD MILLION) 175
TABLE 130 UNDERFLOOR HEATING MARKET, BY INSTALLATION TYPE, 2022–2027 (USD MILLION) 176
15.4 NEW INSTALLATIONS/NEW BUILDING 176
15.4.1 HIGHER ADOPTION OF UNDERFLOOR HEATING SYSTEMS IN NEW INFRASTRUCTURES DUE TO ENERGY EFFICIENCY STANDARDS LAID BY GOVERNMENTS 176
TABLE 131 UNDERFLOOR HEATING MARKET FOR NEW INSTALLATIONS, BY PRODUCT TYPE, 2018–2021 (USD MILLION) 177
TABLE 132 UNDERFLOOR HEATING MARKET FOR NEW INSTALLATION, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 177
15.5 RETROFIT INSTALLATIONS/EXISTING BUILDING 177
15.5.1 HIGH ADOPTION OF HYDRONIC UNDERFLOOR HEATING SYSTEMS IN COMPLETE RENOVATION PROJECTS 177
TABLE 133 UNDERFLOOR HEATING MARKET FOR RETROFIT INSTALLATIONS, BY PRODUCT TYPE, 2018–2021 (USD MILLION) 178
TABLE 134 UNDERFLOOR HEATING MARKET FOR RETROFIT INSTALLATIONS, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 178
16 APPENDIX 179
16.1 DISCUSSION GUIDE 179
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 182
16.3 CUSTOMIZATION OPTIONS 184
16.4 RELATED REPORTS 184
16.5 AUTHOR DETAILS 185
Electric Heat Tracing Market by Type (Self-regulating, Constant Wattage, Mineral-insulated, Skin Effect), Application (Freeze Protection & Process Temperature Maintenance, Roof & Gutter De-icing), Vertical and Region - Global Forecast to 2027電気ヒートトレースのグローバル市場予測（～2027）：自動調整、定ワット数、ミネラル絶縁、表皮効果 |
◆タイトル：Electric Heat Tracing Market by Type (Self-regulating, Constant Wattage, Mineral-insulated, Skin Effect), Application (Freeze Protection & Process Temperature Maintenance, Roof & Gutter De-icing), Vertical and Region - Global Forecast to 2027
◆商品コード：SE5726-22
◆調査・発行会社：MarketsandMarkets
◆発行日：2022年9月17日
◆ページ数：181
◆レポート形式：PDF / 英語
◆納品方法：Eメール（受注後24時間以内）
◆調査対象地域：グローバル
◆産業分野：産業装置
◆販売価格オプション（消費税別）
※販売価格オプションの説明はこちらで、ご利用ガイドはこちらでご確認いただけます。
※お支払金額は「換算金額（日本円）＋消費税＋配送料（Eメール納品は無料）」です。
※Eメールによる納品の場合、通常ご注文当日～2日以内に納品致します。
※商品の納品後、納品日＋5日以内に請求書を発行し、お客様宛に郵送いたしますので、請求書発行日より2ヶ月以内に銀行振込にて支払をお願いします。（振込先：三菱東京UFJ銀行/京橋支店/H&Iグローバルリサーチ株式会社）
※上記の日本語題名はH&Iグローバルリサーチが翻訳したものです。英語版原本には日本語表記はありません。
※為替レートは適宜修正・更新しております。リアルタイム更新ではありません。
※ご購入後、レポートに記載の英語表現や単語の意味に関しましては無料でお答えいたします。（但し、対応範囲は弊社で判断）
※弊社H&Iグローバルリサーチ株式会社はMarketsandMarketsの日本における正規販売代理店です。
【レポートの概要】
◆商品コード：SE5726-22
◆調査・発行会社：MarketsandMarkets
◆発行日：2022年9月17日
◆ページ数：181
◆レポート形式：PDF / 英語
◆納品方法：Eメール（受注後24時間以内）
◆調査対象地域：グローバル
◆産業分野：産業装置
◆販売価格オプション（消費税別）
| Single User（1名様閲覧） | USD4,950 ⇒換算￥0 | 見積依頼/購入/質問フォーム |
| Multi User (Five User) | USD6,650 ⇒換算￥0 | 見積依頼/購入/質問フォーム |
| Corporate License (全社内共有可) | USD8,150 ⇒換算￥0 | 見積依頼/購入/質問フォーム |
※お支払金額は「換算金額（日本円）＋消費税＋配送料（Eメール納品は無料）」です。
※Eメールによる納品の場合、通常ご注文当日～2日以内に納品致します。
※商品の納品後、納品日＋5日以内に請求書を発行し、お客様宛に郵送いたしますので、請求書発行日より2ヶ月以内に銀行振込にて支払をお願いします。（振込先：三菱東京UFJ銀行/京橋支店/H&Iグローバルリサーチ株式会社）
※上記の日本語題名はH&Iグローバルリサーチが翻訳したものです。英語版原本には日本語表記はありません。
※為替レートは適宜修正・更新しております。リアルタイム更新ではありません。
※ご購入後、レポートに記載の英語表現や単語の意味に関しましては無料でお答えいたします。（但し、対応範囲は弊社で判断）
※弊社H&Iグローバルリサーチ株式会社はMarketsandMarketsの日本における正規販売代理店です。
【レポートの概要】
| MarketsandMarkets社の最新調査レポートによると、世界の電気ヒートトレース市場規模は、2022年25億ドルから2027年38億ドルまで年平均8.3％成長すると推定されます。当書は、電気ヒートトレースの世界市場を調査対象とし、イントロダクション、調査手法、エグゼクティブサマリー、プレミアムインサイト、市場概要、電気ヒートトレースシステムのコンポーネント、電気ヒートトレースの様々な方法、各種電気ヒートトレースの最高保守温度、種類別（自動調整、定ワット数、ミネラル絶縁、表皮効果）分析、用途別（凍結保護＆プロセス温度維持、屋根＆樋除氷、床暖房、その他）分析、産業別（石油・ガス、化学、商業、住宅、その他）分析、地域別（北米、ヨーロッパ、アジア太平洋、その他地域）分析、競争状況、企業情報、隣接・関連市場などについて総合的にまとめています。なお、当書に掲載されている企業情報には、nVent Electric plc (UK)、Thermon Group Holding, Inc. (US)、Spirax-Sarco Engineering plc (UK)、NIBE Industrier AB (Sweden)、BARTEC Top Holding GmbH (Germany)、Danfoss (Germany)、eltherm GmbH (Germany)、Emerson Electric Co. (US)、Watlow Electric Manufacturing Company (US)、Drexan Energy System, Inc. (Canada)などが含まれています。 ・イントロダクション ・調査手法 ・エグゼクティブサマリー ・プレミアムインサイト ・市場概要 ・電気ヒートトレースシステムのコンポーネント ・電気ヒートトレースの様々な方法 ・各種電気ヒートトレースの最高保守温度 ・世界の電気ヒートトレース市場規模：種類別 - 自動調整型電気ヒートトレースの市場規模 - 定ワット数型電気ヒートトレースの市場規模 - 鉱物絶縁型電気ヒートトレースの市場規模 - 表皮効果型電気ヒートトレースの市場規模 ・世界の電気ヒートトレース市場規模：用途別 - 凍結保護＆プロセス温度維持用電気ヒートトレースの市場規模 - 屋根＆樋除氷用電気ヒートトレースの市場規模 - 床暖房用電気ヒートトレースの市場規模 - その他用途電気ヒートトレースの市場規模 ・世界の電気ヒートトレース市場規模：産業別 - 石油・ガスにおける市場規模 - 化学における市場規模 - 商業における市場規模 - 住宅における市場規模 - その他産業における市場規模 ・世界の電気ヒートトレース市場規模：地域別 - 北米の電気ヒートトレース市場規模 - ヨーロッパの電気ヒートトレース市場規模 - アジア太平洋の電気ヒートトレース市場規模 - その他地域の電気ヒートトレース市場規模 ・競争状況 ・企業情報 ・隣接・関連市場 |
“The Electric Heat Tracing market is projected to grow from USD 2.5 Billion in 2022 to USD 3.8 Billion in 2027; it is expected to grow at a CAGR of 8.3% from 2022 to 2027.”
The increasing adoption of electric heat tracing over conventional steam tracing systems and rising demand of energy-efficient heat tracing systems are the driving factors providing promising growth potential to the market. Similarly, growing demand of heat tracing systems from various end user industries providing opportunities and contributing to the growth of the electric heat tracing market.
“Self regulating is expected to grow at highest CAGR during the forecasted period.”
In a self-regulating heating cable, the electric current is passed between two bus wires that carry electricity but do not produce heat. The bus wires are encased in a specially designed mix of carbon and polymer. The polymer pathways join the bus wires together creating an infinitely parallel circuit.Self-regulating systems can be easily installed on any outline, such as pipe elbows, valves, and different fittings, due to their flexibility. These types of systems hardly require any maintenance and also have a long life since these systems do not create any hotspot at any point.
“Market for freeze protection & process temperature maintenance application is to grow at highest CAGR during forecast period.”
The freeze protection application is especially important since freezing can damage pipes and equipment. Pipe tracing cable systems are used to respond to the effects of heat from piping and equipment through its insulation. The heat loss allows a drop in temperature, bringing about unacceptable consequences such as frozen pipes and reduced fluid viscosity. Hence, to overcome this, products can be freeze protected by using thermostats, controllers, sensors, and control panels. For water-based products, it is vital to provide freeze protection as they begin to crystallize and freeze at 0°C/32°F. Heat trace systems prevent the freezing of fluids in pipes for several industrial applications as well as in hazardous and non-hazardous environments.
“US to offer significant growth opportunities for Electric heat tracing market between 2022 and 2027.”
The US holds the largest share of the electric heat tracing market in North America. The long duration of cold weather in the US, the replacement of conventional systems with electric heat tracing systems, the expansion of oil and gas production pipelines, new construction projects of oil & gas pipelines, growing exploration and production of oil & gas activities, and rising demand for heat tracing systems from chemicals, commercial, and residential industries are a few of the major driving factors for the market growth.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the Electric heat tracing marketspace. The break-up of primary participants for the report has been shown below:
• By Company Type: Tier 1 – 45%, Tier 2 – 30%, and Tier 3 – 25%
• By Designation: C-level Executives – 40%, Directors – 35%, and Others – 25%
• By Region: North America –45%, Europe – 30%, Asia Pacific– 15%and RoW – 10%
The report profiles key players in the Electric heat tracing market with their respective market ranking analysis. Prominent players profiled in this report are nVent Electric plc (UK), Thermon Group Holding, Inc. (US), Spirax-Sarco Engineering plc (UK), NIBE Industrier AB (Sweden), BARTEC Top Holding GmbH (Germany), Danfoss (Germany), eltherm GmbH (Germany), Emerson Electric Co. (US), Watlow Electric Manufacturing Company (US), Drexan Energy System, Inc. (Canada)are the major players in the market
Research Coverage:
This research report categorizes the Electric heat tracingmarket on the basis By type, component,application, vertical, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the Electric heat tracingmarket and forecasts the same till 2027. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the Electric heat tracingecosystem.
Key Benefits of Buying the Report
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Electric heat tracingmarket and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
【レポートの目次】
| ★調査レポート[電気ヒートトレースのグローバル市場予測（～2027）：自動調整、定ワット数、ミネラル絶縁、表皮効果] ( Electric Heat Tracing Market by Type (Self-regulating, Constant Wattage, Mineral-insulated, Skin Effect), Application (Freeze Protection & Process Temperature Maintenance, Roof & Gutter De-icing), Vertical and Region - Global Forecast to 2027 / SE5726-22) 販売に関する免責事項 |
| [電気ヒートトレースのグローバル市場予測（～2027）：自動調整、定ワット数、ミネラル絶縁、表皮効果] ( Electric Heat Tracing Market by Type (Self-regulating, Constant Wattage, Mineral-insulated, Skin Effect), Application (Freeze Protection & Process Temperature Maintenance, Roof & Gutter De-icing), Vertical and Region - Global Forecast to 2027 / SE5726-22) についてEメールでお問い合わせ |
◆H&Iグローバルリサーチ株式会社のお客様（例）◆
