Electric Heat Tracing Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Energy and Power | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC745

Introduction

Electric heat tracing system is used to compensate for heat losses and to increase or regulate the temperature of pipes and vessels. Heat tracing cables can be deployed on sewer lines, water, and at precise locations which can suffer from freezing such as fire hydrants, and others. Self-regulating cables are prescribed by most of the industrial heat tracing manufacturers. These are energy proficient heat tracing systems. As electric heat tracing also offers cost effective solutions hence, the demand for such system is expected to grow in near future.

Market Dynamics

The rising demand for electric heat tracing systems from numerous industries such as chemicals, power & energy, and oil & gas; increasing demand for energy proficient self-regulating cable, substitute of steam heat tracing with electric heat tracing systems are majorly driving the growth of electric heat tracing market. Factors such as overlapping of heating cables, functions are restraining the growth of this market. Cost effective solutions regarding maintenance purpose used in electric heat tracing systems is more efficient when compared with steam tracing.

Market Classification and Overview

The market can be bifurcated on the basis of type, application, vertical, and geography. By type, electric heat tracing market can be segmented into mineral-insulated, constant wattage, self-regulating, and skin effect. By application, electric heat tracing market can be segmented into freeze protection and process temperature maintenance, roof and gutter, floor heating, and among others. By vertical, electric heat tracing market can be segmented into oil & gas, chemicals, commercial, water & wastewater management, power & energy, residential, food & beverages, and others like pulp & paper, transportation, On the basis of geography, the electric heat tracing market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market

Electric Heat Tracing Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Type, Application, Vertical, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

 

Market Participants                                           

Some of the major players involved in electric heat tracing market include Pentair plc, Thermon Holding Group, BARTEC Top Holding GmbH, Chromalox Inc., Emerson Electric Company, Danfoss Group, BriskHeat, eltherm GmbH, Parker-Hannifin Corp., Warmup plc, etc. It also includes some start-up companies, namely, Drexan Energy Systems, Inc., Heat Trace Products LLC, Neptech Inc., QMAX, and Technitrace among others.

Market Segmentation

Market By Type:

  • Self-regulating
  • Constant Wattage
  • Mineral-insulated
  • Skin Effect

Market By Application:

  • Freeze Protection and Process Temperature Maintenance
  • Roof and Gutter
  • Floor Heating
  • Others

Market By Vertical:

  • Oil & Gas
  • Chemicals
  • Commercial
  • Power & Energy
  • Residential
  • Food & Beverages
  • Water & Wastewater Management
  • Others (Pulp & Paper, Transportation, Textile)

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of LATAM
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA


Related Reports

PV Inverter Market (By Product: String, Central, Micro, Other; By End Use: Residential, Commercial & Industrial, Utilities) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global PV inverter market size is expected to worth around US$ 12.1 billion by 2026 and forecasted to grow at a CAGR of 8.1% over the forecast time frame 2019 to 2026. The report provides analysis of global PV Inverter market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Insights Growing legislative worry to mitigate GHG emissions along with

Floating Liquefied Natural GAS (FLNG) Market ( By Technology: LNG EPSO, FSRU; By Capacity: Small Scale, Mid Scale, Large Scale; ) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global floating liquefied natural gas (FLNG) market is forecasted to grow at striking CAGR around 5.2% over the forecast time frame and reach around US$ 17.5 billion by 2026. The report provides analysis of global floating liquefied natural gas (FLNG) market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Insights Increasing demand for clean fu

Marine Engines Market (By Fuel: LNG, Hybrid, MDO, MGO, Others; by Power: 10,000-20,000 HP, > 20,000 HP, 5,000-10,000 HP, 1,000-5,000 HP, < 1,000 HP; by Technology: High Speed, Moderate Speed, Low Speed; By Propulsion: 4-stroke, 2-stroke; By Application: Recreational, Offshore, Commercial, Navy, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

According to Acumen Research and Consulting, the global marine engines market size is expected to reach around US$ 14.4 billion by 2026 and anticipated to grow at a CAGR of 4.5 % over the forecast time period 2019 to 2026. Marine motors are used to power offshore ships, business ships and other naval ships working on a range of fuels, including gas oil, diesel petroleum, hybrids and LNG. The main considerations in item assembly include fuel efficiency, si

Hydraulic Fracturing Market (By Technology: Sliding Sleeve, Plug and Perf; By Material: Proppant, Others; By Application: Tight oil, Shale Gas, CBM, Tight Gas, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

According to Acumen Research and Consulting, the global hydraulic fracturing market size is anticipated to hit around US$ 83 billion by 2026 and growing at a CAGR of 11.8% over the forecast time period 2019 to 2026. Hydraulic fracturing is a well-stimulated technique that allows the flux of hydrocarbon to the surface to create fractures in rock formations. Fractures consist of pumping big quantities of fluid at elevated stress, including proppants such as

Offshore Wind Cable Market (By Technology: Inter Array, Export; By Conductor Material: Copper, Aluminum) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

According to Acumen Research and Consulting, the global offshore wind cable market size is poised to worth around US$ 3 billion by 2026 and anticipated to grow at a CAGR of 16% from period 2019 to 2026. The report provides analysis of global offshore wind cable market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year. Market Insights  The ene

Portable Generators Market (By Product: Gaseous, Diesel; By Power Range: High Power (371 - 450KW), Average Power (21 - 370KW), Low Power (8 - 20KW); By End-use: Oil & Gas, Construction, Commercial, Mining, Residential, Industrial, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global Portable Generators Market size is expected to reach around US$ 5 billion by 2026 growing at noteworthy CAGR around 4.8% over the forecast period 2019 to 2026. Portable generators are used in national, business and industrial applications for electricity generation. The applications covered in the research are electrical generation for live business events, electrificati

Cart Summary