전기 히트 트레이스 시장 : 부품별, 유형별, 온도별, 용도별, 산업별 - 세계 예측(2025-2030년)

The Electric Heat Tracing Market was valued at USD 2.93 billion in 2023, expected to reach USD 3.19 billion in 2024, and is projected to grow at a CAGR of 9.08%, to USD 5.40 billion by 2030.

Electric heat tracing is a system used to maintain or raise the temperature of pipes and vessels using electric heating elements. It is essential in preventing freezing, ensuring fluid viscosity, and maintaining process temperature in industries like oil and gas, chemicals, and food processing. The scope involves self-regulating, constant wattage, and mineral insulated trace heaters with varied applications across industrial, commercial, and residential sectors. As industries aim for energy efficiency and adherence to safety standards, electric heat tracing is rapidly gaining traction due to its reliability and ease of integration. Critical growth factors influencing the market include increasing industrialization, urbanization, and the growing demand for energy-efficient solutions. Government regulations promoting energy conservation and safety standards also accelerate market expansion. There are significant opportunities in the development of smart heat tracing systems integrated with IoT for advanced monitoring and control, which can optimize energy consumption and reduce operational costs. Another potential lies in expanding applications in sectors like pharmaceuticals and data centers, where maintaining precise temperature control is crucial. However, challenges such as high initial installation costs, complexity in system design, and lack of skilled technicians pose barriers to market growth. Additionally, fluctuations in raw material prices could impede market dynamics. Market players can capitalize on these opportunities by investing in advanced research to develop cost-effective solutions and conduct training programs to build a skilled workforce. Innovation in materials and technology, such as hybrid systems combining electric with steam-based systems or enhancing insulation efficiency, can offer competitive advantages. With these insights, businesses can navigate the market's challenges and leverage technological advancements to drive growth and stay ahead in the evolving electric heat tracing industry.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Electric Heat Tracing Market

The Electric Heat Tracing Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Surging Demand from the Industrial, Commercial and Residential Applications
  • Increasing Adoption of Electric Heat Tracing Systems Over Conventional Steam Tracing
  • Rising Investment in the Development of Oil & Gas Pipeline Infrastructure
• Market Restraints
  • Thermal Inconsistencies in Electric Heat Tracing Systems
• Market Opportunities
  • Rising Adoption of Heat Tracing System in Power Plants and Pharmaceutical & Chemical Industry
  • Growing Advancements in Electric Heat Tracing Cables
• Market Challenges
  • Installation Hazards Leading to Failure in Functioning and Shock & Fire

Porter's Five Forces: A Strategic Tool for Navigating the Electric Heat Tracing Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Electric Heat Tracing Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Electric Heat Tracing Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Electric Heat Tracing Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Electric Heat Tracing Market

A detailed market share analysis in the Electric Heat Tracing Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Electric Heat Tracing Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Electric Heat Tracing Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Key Company Profiles

The report delves into recent significant developments in the Electric Heat Tracing Market, highlighting leading vendors and their innovative profiles. These include King Electric Company, Watlow Electric Manufacturing Company, Drexma Industries Inc., NIBE Industrier AB, Thermon Group Holdings, Inc., Galco Industrial Electronics, Wuhu Jiahong New Materials Co., Ltd., Glas-Col, LLC, Spirax-Sarco Engineering PLC, Drexan Energy Systems, Inc., Warmup PLC, BARTEC GmbH, SST Group, Ives Equipment, Inc., Nexans S.A., Emerson Electric Co., Urecon Ltd. by GF Piping Systems, Chromalox, Inc., nVent Electric PLC, Parker Hannifin Corporation, Danfoss A/S, XAREX by E&STEC Co., Ltd., Ebeco AB, Heat Trace Products, LLC, and eltherm GmbH.

Market Segmentation & Coverage

This research report categorizes the Electric Heat Tracing Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Component, market is studied across Control and Monitoring Systems, Electric Heat Tracing Cables, Power Connection Kits, and Thermal Insulation Materials. The Control and Monitoring Systems is further studied across Resistance Temperature Detectors, Thermocouples, and Thermostats.
• Based on Type, market is studied across Constant Wattage, Mineral-Insulated, Self-Regulating, and Skin Effect.
• Based on Temperature, market is studied across 101°C to 250°C, Above 250°C, and Up to 100°C.
• Based on Application, market is studied across Floor Heating and Roof & Gutter De-Icing.
• Based on Vertical, market is studied across Chemicals, Commercial, Food & Beverages, Oil & Gas, Pharmaceuticals, Power & Energy, Pulp & Paper, Residential, Textile, Transportation, and Water & Wastewater Management.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Surging Demand from the Industrial, Commercial and Residential Applications
    • 5.1.1.2. Increasing Adoption of Electric Heat Tracing Systems Over Conventional Steam Tracing
    • 5.1.1.3. Rising Investment in the Development of Oil & Gas Pipeline Infrastructure
  • 5.1.2. Restraints
    • 5.1.2.1. Thermal Inconsistencies in Electric Heat Tracing Systems
  • 5.1.3. Opportunities
    • 5.1.3.1. Rising Adoption of Heat Tracing System in Power Plants and Pharmaceutical & Chemical Industry
    • 5.1.3.2. Growing Advancements in Electric Heat Tracing Cables
  • 5.1.4. Challenges
    • 5.1.4.1. Installation Hazards Leading to Failure in Functioning and Shock & Fire
• 5.2. Market Segmentation Analysis
  • 5.2.1. Component: Higher demand of control and monitoring systems provide real-time data and safe performance of the heat tracing setup
  • 5.2.2. Type: Self regulating heat tracing systems are preferred for their energy-efficient output
  • 5.2.3. Temperature: Self-regulating heat tracing cables works efficiently during varied temperatures conditions
  • 5.2.4. Application: Rising application of heat tracing in the roof and gutter de-icing
  • 5.2.5. Verticals: High demand of heat tracing systems from the well established oil and gas sectors
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental
• 5.5. Client Customization

6. Electric Heat Tracing Market, by Component

• 6.1. Introduction
• 6.2. Control and Monitoring Systems
  • 6.2.1. Resistance Temperature Detectors
  • 6.2.2. Thermocouples
  • 6.2.3. Thermostats
• 6.3. Electric Heat Tracing Cables
• 6.4. Power Connection Kits
• 6.5. Thermal Insulation Materials

7. Electric Heat Tracing Market, by Type

• 7.1. Introduction
• 7.2. Constant Wattage
• 7.3. Mineral-Insulated
• 7.4. Self-Regulating
• 7.5. Skin Effect

8. Electric Heat Tracing Market, by Temperature

• 8.1. Introduction
• 8.2. 101°C to 250°C
• 8.3. Above 250°C
• 8.4. Up to 100°C

9. Electric Heat Tracing Market, by Application

• 9.1. Introduction
• 9.2. Floor Heating
• 9.3. Roof & Gutter De-Icing

10. Electric Heat Tracing Market, by Vertical

• 10.1. Introduction
• 10.2. Chemicals
• 10.3. Commercial
• 10.4. Food & Beverages
• 10.5. Oil & Gas
• 10.6. Pharmaceuticals
• 10.7. Power & Energy
• 10.8. Pulp & Paper
• 10.9. Residential
• 10.10. Textile
• 10.11. Transportation
• 10.12. Water & Wastewater Management

11. Americas Electric Heat Tracing Market

• 11.1. Introduction
• 11.2. Argentina
• 11.3. Brazil
• 11.4. Canada
• 11.5. Mexico
• 11.6. United States

12. Asia-Pacific Electric Heat Tracing Market

• 12.1. Introduction
• 12.2. Australia
• 12.3. China
• 12.4. India
• 12.5. Indonesia
• 12.6. Japan
• 12.7. Malaysia
• 12.8. Philippines
• 12.9. Singapore
• 12.10. South Korea
• 12.11. Taiwan
• 12.12. Thailand
• 12.13. Vietnam

13. Europe, Middle East & Africa Electric Heat Tracing Market

• 13.1. Introduction
• 13.2. Denmark
• 13.3. Egypt
• 13.4. Finland
• 13.5. France
• 13.6. Germany
• 13.7. Israel
• 13.8. Italy
• 13.9. Netherlands
• 13.10. Nigeria
• 13.11. Norway
• 13.12. Poland
• 13.13. Qatar
• 13.14. Russia
• 13.15. Saudi Arabia
• 13.16. South Africa
• 13.17. Spain
• 13.18. Sweden
• 13.19. Switzerland
• 13.20. Turkey
• 13.21. United Arab Emirates
• 13.22. United Kingdom

14. Competitive Landscape

• 14.1. Market Share Analysis, 2023
• 14.2. FPNV Positioning Matrix, 2023
• 14.3. Competitive Scenario Analysis
  • 14.3.1. Thermon Acquires Vapor Power
  • 14.3.2. NIBE acquires Danish LS Control A/S
  • 14.3.3. Freudenberg Launches Sustainable, Low-Level BPA Thermal Insulation Products

Companies Mentioned

• 1. King Electric Company
• 2. Watlow Electric Manufacturing Company
• 3. Drexma Industries Inc.
• 4. NIBE Industrier AB
• 5. Thermon Group Holdings, Inc.
• 6. Galco Industrial Electronics
• 7. Wuhu Jiahong New Materials Co., Ltd.
• 8. Glas-Col, LLC
• 9. Spirax-Sarco Engineering PLC
• 10. Drexan Energy Systems, Inc.
• 11. Warmup PLC
• 12. BARTEC GmbH
• 13. SST Group
• 14. Ives Equipment, Inc.
• 15. Nexans S.A.
• 16. Emerson Electric Co.
• 17. Urecon Ltd. by GF Piping Systems
• 18. Chromalox, Inc.
• 19. nVent Electric PLC
• 20. Parker Hannifin Corporation
• 21. Danfoss A/S
• 22. XAREX by E&STEC Co., Ltd.
• 23. Ebeco AB
• 24. Heat Trace Products, LLC
• 25. eltherm GmbH