The global Immersion Heater market was valued at 615.37 Million USD in 2021 and will grow with a CAGR of 4.35% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Immersion heaters are used to heat many liquid substances like water, oil, chemicals and even to stabilize gas within their tanks. They are used in many industries within different liquid storing tanks, during the processing of pipes and in pressurizing the storing containers. This product is made in such a way so as to withstand almost any environment and you can make use of it either in a pure water tank or under any acidic medium.From the view of region, North America have a larger market share in 2018 which account for 34.23% and will witness a slightly decrease of share in following years. Asia-Pacific hold a market share of 30.82% and will still play an important role which cannot be ignored. Any changes from Europe, which share a 28.46% market share in 2018, might affect the development trend of Immersion Heater.

By Market Verdors:

NIBE

Thermon

Zhenjiang Dongfang Electric Heating Technology

OMEGA Engineering (Spectris)

Watlow

Chromalox

Hotset GmbH

Friedr. Freek GmbH

Zoppas Industries

Thermowatt

Tutco Heating Solutions Group

Tempco Electric Heating Element Corporation

Headway Electric Heat Components CO.,LTD

Warren Electric Corporation

Durex Industries

Sanbra Fyffe Limited

WATTCO

By Types:

Over-the-Side Immersion Heater

Flanged Immersion Heater

Screw Plug Immersion Heater

By Applications:

Home Appliance

Industrial Appliance

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

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Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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