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

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

According to Acumen Research and Consulting, the global portable generators market is poised to grow at noteworthy CAGR around 4.8 % throughout the forecast period 2019 to 2026 and reach around US$ 5 billion by 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 b

Enhanced Oil Recovery (EOR) Market (By Technology: Thermal, Chemical, Gas Injection, Other; By Product: Alkaline Chemicals, Surfactants, Polymers, Foamers, Alkali-Surfactant-Polymer (ASP) Formulations, Others; By Application: Offshore, Onshore) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Enhanced Oil Recovery market is expected to grow at noteworthy CAGR around 6.5 % throughout the forecast period and reach around US$ 91 billion by 2026. Enhanced oil recovery (EOR) relates to crude oil extraction techniques that are not capable of extraction fr

Hydraulic Turbine Market (By Type: Reaction Turbin [Francis Turbine, Kaplan Turbine, Bulb Turbine], Impulse Turbine [Cross Flow Turbine, Pelton Turbine]; By Installation Site: Large Hydro Plants, Mini Hydro Plants, Micro Hydro Plants, Pico Hydro Plants; By Head Type: High, Medium, Low) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Hydraulic Turbine market is expected to grow at noteworthy CAGR around 4.5 % throughout the forecast period and reach around US$ 2.9 billion by 2026. Hydro turbine is the electro-mechanical power generating equipment used for hydropower generation projects. Hyd

Building-Integrated Photovoltaics Market (By Technology: Thin Film, C-Si, Others; By Application: Roofs, Glass, Façade, Walls, Others; By End Use: Industrial, Commercial, Residential) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Building-Integrated Photovoltaics market is expected to grow at noteworthy CAGR around 17.8 % throughout the forecast period and reach around US$ 32.5 billion by 2026. A photovoltaic integrated system (PVI) is an essential element of the construction skin that

Oil Pipeline Infrastructure Market (By Product: Petroleum Product, Crude Oil; By Application: Offshore, Onshore; By Operation: Gathering, Transmission; By Diameter: > 24 Inch, ? 8 Inch, >8-24 Inch) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Oil Pipeline Infrastructure market is expected to grow at noteworthy CAGR throughout the forecast period and reach cumulative installation around 1 million Km by 2026. The infrastructure for the oil pipeline helps to transport gas via the pipeline system to a c

Marine Mining Market (By Technology: Marine Seismic Methods, Remotely Operated Vehicles (ROVs), SONAR; By Application: Automotive, Construction, Electronics, Precious Metals, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: Marine mining is otherwise called remote ocean mining is alluded to as mineral recovery process that happens on the marine floor. Marine mining is a moderately new mineral recovery process that occurs in the sea. In addition, sea mining destinations are ordinarily around extensive regions of polymetallic knobs or dynamic and wiped out aqueous vents at 1,400 to 3,700 m

Cart Summary