Product Code: ETC050825 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Heating Elements Market experienced steady growth between 2020 and 2026. Heating elements are essential components used in various industries, including manufacturing, automotive, electronics, and healthcare, to convert electrical energy into heat. The market witnessed increasing demand due to the rapid industrialization in Thailand and the growing need for advanced heating technologies in various sectors.
Thailand industrial sector has been expanding, leading to higher demand for heating elements in processes such as metal smelting, plastic molding, and chemical processing. Advancements in heating element technologies, such as the development of energy-efficient and eco-friendly variants, have encouraged industries to upgrade their equipment, contributing to market growth. The growth of the automotive sector in Thailand has spurred the demand for heating elements in applications like seat heating, window defogging, and catalytic converters. The electronics manufacturing industry`s growth in Thailand has resulted in a higher requirement for heating elements in applications like soldering, semiconductor processing, and PCB production.
The heating elements market in Thailand faces stiff competition from domestic and international manufacturers, which may lead to pricing pressures and reduced profit margins for key players. Variability in the prices of raw materials used in heating element manufacturing, such as nickel, chromium, and iron, can affect the overall production cost and profitability. The use of certain heating element technologies may raise environmental concerns due to their carbon footprint and potential harmful emissions.
The Covid-19 pandemic had a notable impact on the Thailand Heating Elements Market. The initial phases of the pandemic led to disruptions in the supply chain, reduced manufacturing activities, and weakened demand across various industries. However, the market showed signs of recovery as the economy rebounded, and industries resumed operations with safety measures in place. The pandemic also accelerated the adoption of digital technologies in the market, enabling remote monitoring and control of heating elements.
NIBE Industrier AB, Watlow Electric Manufacturing Company, Backer Group, Chromalox (Spirax-Sarco Engineering), Hotset GmbH, Inductoheat Inc., Winkler GmbH, Tutco Heating Solutions Group, Tempco Electric Heater Corporation, Thermo Heating Elements LLC.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Heating Elements Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Heating Elements Market Revenues & Volume, 2020 & 2030F |
3.3 Thailand Heating Elements Market - Industry Life Cycle |
3.4 Thailand Heating Elements Market - Porter's Five Forces |
3.5 Thailand Heating Elements Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.6 Thailand Heating Elements Market Revenues & Volume Share, By End-Users, 2020 & 2030F |
4 Thailand Heating Elements Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Heating Elements Market Trends |
6 Thailand Heating Elements Market, By Types |
6.1 Thailand Heating Elements Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Heating Elements Market Revenues & Volume, By Product, 2020-2030F |
6.1.3 Thailand Heating Elements Market Revenues & Volume, By Immersion Heaters, 2020-2030F |
6.1.4 Thailand Heating Elements Market Revenues & Volume, By Tubular Heaters, 2020-2030F |
6.1.5 Thailand Heating Elements Market Revenues & Volume, By Circulation Heaters, 2020-2030F |
6.1.6 Thailand Heating Elements Market Revenues & Volume, By Band Heaters, 2020-2030F |
6.1.7 Thailand Heating Elements Market Revenues & Volume, By Strip Heaters, 2020-2030F |
6.2 Thailand Heating Elements Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Thailand Heating Elements Market Revenues & Volume, By Chemical & Plastics Industry, 2020-2030F |
6.2.3 Thailand Heating Elements Market Revenues & Volume, By Pharmaceutical Industry, 2020-2030F |
6.2.4 Thailand Heating Elements Market Revenues & Volume, By Transportation, 2020-2030F |
6.2.5 Thailand Heating Elements Market Revenues & Volume, By Appliances, 2020-2030F |
7 Thailand Heating Elements Market Import-Export Trade Statistics |
7.1 Thailand Heating Elements Market Export to Major Countries |
7.2 Thailand Heating Elements Market Imports from Major Countries |
8 Thailand Heating Elements Market Key Performance Indicators |
9 Thailand Heating Elements Market - Opportunity Assessment |
9.1 Thailand Heating Elements Market Opportunity Assessment, By Product, 2020 & 2030F |
9.2 Thailand Heating Elements Market Opportunity Assessment, By End-Users, 2020 & 2030F |
10 Thailand Heating Elements Market - Competitive Landscape |
10.1 Thailand Heating Elements Market Revenue Share, By Companies, 2023 |
10.2 Thailand Heating Elements Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |