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Flexible Heater Market worth $1.7 billion by 2027 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

Aug 18, 2022, 09:30 ET

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CHICAGO, Aug. 18, 2022 /PRNewswire/ -- Flexible heater market size is expected to grow from USD 1.2 billion in 2022 to USD 1.7 billion by 2027, at a CAGR of 7.2%, according to a new report by MarketsandMarkets™. The increasing usage of flexible heaters in medical, aerospace, automotive & transportation and electronics & semiconductor are the key factors boosting the growth of the market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=51373429

Browse in-depth TOC on "Flexible Heater Market" 
191 – Tables
56 – Figures
200 – Pages

Medical industry segment to account second-largest market share during the forecast period.

The flexible heater market for the medical industry accounts the second-largest markets share and is expected to grow at a considerable rate during the forecast period. In the medical industry, the application of flexible heaters is primarily found in ultrasonic cleansers, fluid warmers, warming blankets, sterilization trays, blood warmer, temperature therapy equipment, warming blanket cabinets, dialysis machines, patient warming pads, and various other medical equipment. Increasing demand for such medical and related systems is expected to drive the market for flexible heaters.

Polyimide type is projected to hold significant share of the flexible heater market during forecast year.

Polyimide-based flexible heaters also account for significant market size of flexible heaters. They are used in various applications, which primarily include processing heat and freeze protection, condensation protection, and composite bonding. Polyimide-based flexible heaters are reliable and economical heat sources, capable of transferring uniform heat to irregular objects or flat surfaces. Due to their thin profile, tensile strength, and precise heating capabilities, polyimide heaters are ideal for aerospace and satellite equipment where there is extreme temperature environments.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=51373429

China to account for a significant market share of Asia Pacific from 2022 to 2027.

China is projected to account for the major share of the flexible heater market in Asia Pacific from 2022 to 2027. The country is a key manufacturer of electronic & semiconductor as well as automotives. The country is also know for low cost automotive product manufacturing. Additionally, China is making notable strides towards the promotion of electric vehicles and the development of its supporting infrastructure. It is the most significant economy in the region. The demand for medical devices and food equipment is also expected to grow at the fastest pace in this region in the upcoming years.All these factors are pushing the growth of the flexible heater market in China.

NIBE Industrier(Sweden), Honeywell International(US), Omega Engineering(US), Watlow Electric Manufacturing(UK) and Smiths Group(UK) are the top five players in the flexible heater market globally.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=51373429 

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports:

Hearth Market by Fuel Type (Wood, Electricity, Gas, Pellet), Product (Fireplaces, Inserts, Stoves), Placement, Design, Application, Fireplace Type, Vent Availability, Ignition Type, Material and Region - Global Forecast to 2027

Underfloor Heating Market by Offering (Hardware, Services), Product Type and Component (Hydronic, Electric), Installation Type (New, Retrofit), Application (Residential, Commercial), Region (2022-2027)

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA: +1-888-600-6441 
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/flexible-heater-market.asp
Visit Our Web Site: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/flexible-heater.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg 

SOURCE MarketsandMarkets

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