An electric heating element converts electricity into heat through the process of resistive or Joule heating. Electric current passing through the element encounters resistance, resulting in heating of the element. Unlike the Peltier effect, this process is independent of the direction of current flow. A typical Electric heating element is usually a coil, ribbon (straight or corrugated), or strip of wire that gives off heat much like a lamp filament. When an electric current flows through it, it glows red hot and converts the electrical energy passing through it into heat, which it radiates out in all directions.
According to the new market research report “Electric Heating Elements- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Electric Heating Elements market size is projected to reach USD 12.94 billion by 2029, at a CAGR of 4.4% during the forecast period.
- Global Electric Heating Elements MarketSize(US$ Million), 2018-2029
Source: QYResearch, "Electric Heating Elements- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Electric Heating Elements Top21Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, "Electric Heating Elements- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
The global key manufacturers of Electric Heating Elements include Zoppas Industries, NIBE Industrier, Hangzhou Heatwell Electric Heating, Watlow (Tinicum), Zhenjiang Dongfang Electric Heating, Tutco, Sino-Japan Electric Heater, Headway Electric Heat Components, Thermowatt (Ariston Thermo), Tamman, etc. In 2021, the global top 10 players had a share approximately 32.0% in terms of revenue.
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