The global market for Heating Coil was estimated to be worth US$ 2022 million in 2024 and is forecast to a readjusted size of US$ 2388 million by 2031 with a CAGR of 2.5% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Heating Coil cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Heating coil is an electrical component specially designed to convert electrical energy into heat energy. Its core structure is a spiral or disc-shaped coil made of metal wire or strip with high resistivity (called resistance wire or heating wire) tightly wound.
Governments have implemented strict energy efficiency regulations (such as the EU Ecodesign Directive and China's "dual carbon" goals) to require industrial and household equipment to reduce energy consumption. High-efficiency heating coils save 10%-25% energy compared to traditional products, making them the first choice for renovation. Gas heating systems are restricted by carbon emissions, and electric-driven heating coils have become an alternative. Government projects (such as South Korea's "Solar City Program") further subsidize high-efficiency heating equipment to stimulate the market.
This report aims to provide a comprehensive presentation of the global market for Heating Coil, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Heating Coil by region & country, by Type, and by Application.
The Heating Coil market size, estimations, and forecasts are provided in terms of sales volume (M Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heating Coil.
Market Segmentation
By Company
- Sandvik Materials Technology
- ZI Heating Element Technologies
- Escorts Limited
- Kawai Electric Ltd.
- Watlow Electric Manufacturing
- WATTCO
- Tutco
- Rama Corp
- Marathon Heater
- Yangzhou Kaicheng Electrical insulation Materials Co., Ltd.
- Backer Hotwatt, Inc
- Sunrise Products
- HC Coils
- NTT Heating
- JFD Tube & Coil Products Inc
- GC-heat Gebhard GmbH & Co. KG
- Shenzhen Biyuanda Technology Co., Ltd
- HASTECO Heating Technology
Segment by Type
- Tubular Heater
- Cartridge Heaters
- Band Heaters
- Others
Segment by Application
- HVAC Industry
- Industrial Equipment
- Home Application
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Heating Coil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Heating Coil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Heating Coil in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Heating Coil Product Introduction
- 1.2 Global Heating Coil Market Size Forecast
- 1.2.1 Global Heating Coil Sales Value (2020-2031)
- 1.2.2 Global Heating Coil Sales Volume (2020-2031)
- 1.2.3 Global Heating Coil Sales Price (2020-2031)
- 1.3 Heating Coil Market Trends & Drivers
- 1.3.1 Heating Coil Industry Trends
- 1.3.2 Heating Coil Market Drivers & Opportunity
- 1.3.3 Heating Coil Market Challenges
- 1.3.4 Heating Coil Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Heating Coil Players Revenue Ranking (2024)
- 2.2 Global Heating Coil Revenue by Company (2020-2025)
- 2.3 Global Heating Coil Players Sales Volume Ranking (2024)
- 2.4 Global Heating Coil Sales Volume by Company Players (2020-2025)
- 2.5 Global Heating Coil Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Heating Coil Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Heating Coil Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Heating Coil
- 2.9 Heating Coil Market Competitive Analysis
- 2.9.1 Heating Coil Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Heating Coil Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Heating Coil as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Tubular Heater
- 3.1.2 Cartridge Heaters
- 3.1.3 Band Heaters
- 3.1.4 Others
- 3.2 Global Heating Coil Sales Value by Type
- 3.2.1 Global Heating Coil Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Heating Coil Sales Value, by Type (2020-2031)
- 3.2.3 Global Heating Coil Sales Value, by Type (%) (2020-2031)
- 3.3 Global Heating Coil Sales Volume by Type
- 3.3.1 Global Heating Coil Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Heating Coil Sales Volume, by Type (2020-2031)
- 3.3.3 Global Heating Coil Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Heating Coil Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 HVAC Industry
- 4.1.2 Industrial Equipment
- 4.1.3 Home Application
- 4.1.4 Others
- 4.2 Global Heating Coil Sales Value by Application
- 4.2.1 Global Heating Coil Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Heating Coil Sales Value, by Application (2020-2031)
- 4.2.3 Global Heating Coil Sales Value, by Application (%) (2020-2031)
- 4.3 Global Heating Coil Sales Volume by Application
- 4.3.1 Global Heating Coil Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Heating Coil Sales Volume, by Application (2020-2031)
- 4.3.3 Global Heating Coil Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Heating Coil Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Heating Coil Sales Value by Region
- 5.1.1 Global Heating Coil Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Heating Coil Sales Value by Region (2020-2025)
- 5.1.3 Global Heating Coil Sales Value by Region (2026-2031)
- 5.1.4 Global Heating Coil Sales Value by Region (%), (2020-2031)
- 5.2 Global Heating Coil Sales Volume by Region
- 5.2.1 Global Heating Coil Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Heating Coil Sales Volume by Region (2020-2025)
- 5.2.3 Global Heating Coil Sales Volume by Region (2026-2031)
- 5.2.4 Global Heating Coil Sales Volume by Region (%), (2020-2031)
- 5.3 Global Heating Coil Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Heating Coil Sales Value, 2020-2031
- 5.4.2 North America Heating Coil Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Heating Coil Sales Value, 2020-2031
- 5.5.2 Europe Heating Coil Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Heating Coil Sales Value, 2020-2031
- 5.6.2 Asia Pacific Heating Coil Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Heating Coil Sales Value, 2020-2031
- 5.7.2 South America Heating Coil Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Heating Coil Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Heating Coil Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Heating Coil Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Heating Coil Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Heating Coil Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Heating Coil Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Heating Coil Sales Value, 2020-2031
- 6.3.2 United States Heating Coil Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Heating Coil Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Heating Coil Sales Value, 2020-2031
- 6.4.2 Europe Heating Coil Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Heating Coil Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Heating Coil Sales Value, 2020-2031
- 6.5.2 China Heating Coil Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Heating Coil Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Heating Coil Sales Value, 2020-2031
- 6.6.2 Japan Heating Coil Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Heating Coil Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Heating Coil Sales Value, 2020-2031
- 6.7.2 South Korea Heating Coil Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Heating Coil Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Heating Coil Sales Value, 2020-2031
- 6.8.2 Southeast Asia Heating Coil Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Heating Coil Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Heating Coil Sales Value, 2020-2031
- 6.9.2 India Heating Coil Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Heating Coil Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Sandvik Materials Technology
- 7.1.1 Sandvik Materials Technology Company Information
- 7.1.2 Sandvik Materials Technology Introduction and Business Overview
- 7.1.3 Sandvik Materials Technology Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Sandvik Materials Technology Heating Coil Product Offerings
- 7.1.5 Sandvik Materials Technology Recent Development
- 7.2 ZI Heating Element Technologies
- 7.2.1 ZI Heating Element Technologies Company Information
- 7.2.2 ZI Heating Element Technologies Introduction and Business Overview
- 7.2.3 ZI Heating Element Technologies Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 ZI Heating Element Technologies Heating Coil Product Offerings
- 7.2.5 ZI Heating Element Technologies Recent Development
- 7.3 Escorts Limited
- 7.3.1 Escorts Limited Company Information
- 7.3.2 Escorts Limited Introduction and Business Overview
- 7.3.3 Escorts Limited Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Escorts Limited Heating Coil Product Offerings
- 7.3.5 Escorts Limited Recent Development
- 7.4 Kawai Electric Ltd.
- 7.4.1 Kawai Electric Ltd. Company Information
- 7.4.2 Kawai Electric Ltd. Introduction and Business Overview
- 7.4.3 Kawai Electric Ltd. Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Kawai Electric Ltd. Heating Coil Product Offerings
- 7.4.5 Kawai Electric Ltd. Recent Development
- 7.5 Watlow Electric Manufacturing
- 7.5.1 Watlow Electric Manufacturing Company Information
- 7.5.2 Watlow Electric Manufacturing Introduction and Business Overview
- 7.5.3 Watlow Electric Manufacturing Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Watlow Electric Manufacturing Heating Coil Product Offerings
- 7.5.5 Watlow Electric Manufacturing Recent Development
- 7.6 WATTCO
- 7.6.1 WATTCO Company Information
- 7.6.2 WATTCO Introduction and Business Overview
- 7.6.3 WATTCO Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 WATTCO Heating Coil Product Offerings
- 7.6.5 WATTCO Recent Development
- 7.7 Tutco
- 7.7.1 Tutco Company Information
- 7.7.2 Tutco Introduction and Business Overview
- 7.7.3 Tutco Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Tutco Heating Coil Product Offerings
- 7.7.5 Tutco Recent Development
- 7.8 Rama Corp
- 7.8.1 Rama Corp Company Information
- 7.8.2 Rama Corp Introduction and Business Overview
- 7.8.3 Rama Corp Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Rama Corp Heating Coil Product Offerings
- 7.8.5 Rama Corp Recent Development
- 7.9 Marathon Heater
- 7.9.1 Marathon Heater Company Information
- 7.9.2 Marathon Heater Introduction and Business Overview
- 7.9.3 Marathon Heater Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Marathon Heater Heating Coil Product Offerings
- 7.9.5 Marathon Heater Recent Development
- 7.10 Yangzhou Kaicheng Electrical insulation Materials Co., Ltd.
- 7.10.1 Yangzhou Kaicheng Electrical insulation Materials Co., Ltd. Company Information
- 7.10.2 Yangzhou Kaicheng Electrical insulation Materials Co., Ltd. Introduction and Business Overview
- 7.10.3 Yangzhou Kaicheng Electrical insulation Materials Co., Ltd. Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Yangzhou Kaicheng Electrical insulation Materials Co., Ltd. Heating Coil Product Offerings
- 7.10.5 Yangzhou Kaicheng Electrical insulation Materials Co., Ltd. Recent Development
- 7.11 Backer Hotwatt, Inc
- 7.11.1 Backer Hotwatt, Inc Company Information
- 7.11.2 Backer Hotwatt, Inc Introduction and Business Overview
- 7.11.3 Backer Hotwatt, Inc Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Backer Hotwatt, Inc Heating Coil Product Offerings
- 7.11.5 Backer Hotwatt, Inc Recent Development
- 7.12 Sunrise Products
- 7.12.1 Sunrise Products Company Information
- 7.12.2 Sunrise Products Introduction and Business Overview
- 7.12.3 Sunrise Products Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Sunrise Products Heating Coil Product Offerings
- 7.12.5 Sunrise Products Recent Development
- 7.13 HC Coils
- 7.13.1 HC Coils Company Information
- 7.13.2 HC Coils Introduction and Business Overview
- 7.13.3 HC Coils Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 HC Coils Heating Coil Product Offerings
- 7.13.5 HC Coils Recent Development
- 7.14 NTT Heating
- 7.14.1 NTT Heating Company Information
- 7.14.2 NTT Heating Introduction and Business Overview
- 7.14.3 NTT Heating Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 NTT Heating Heating Coil Product Offerings
- 7.14.5 NTT Heating Recent Development
- 7.15 JFD Tube & Coil Products Inc
- 7.15.1 JFD Tube & Coil Products Inc Company Information
- 7.15.2 JFD Tube & Coil Products Inc Introduction and Business Overview
- 7.15.3 JFD Tube & Coil Products Inc Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 JFD Tube & Coil Products Inc Heating Coil Product Offerings
- 7.15.5 JFD Tube & Coil Products Inc Recent Development
- 7.16 GC-heat Gebhard GmbH & Co. KG
- 7.16.1 GC-heat Gebhard GmbH & Co. KG Company Information
- 7.16.2 GC-heat Gebhard GmbH & Co. KG Introduction and Business Overview
- 7.16.3 GC-heat Gebhard GmbH & Co. KG Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.16.4 GC-heat Gebhard GmbH & Co. KG Heating Coil Product Offerings
- 7.16.5 GC-heat Gebhard GmbH & Co. KG Recent Development
- 7.17 Shenzhen Biyuanda Technology Co., Ltd
- 7.17.1 Shenzhen Biyuanda Technology Co., Ltd Company Information
- 7.17.2 Shenzhen Biyuanda Technology Co., Ltd Introduction and Business Overview
- 7.17.3 Shenzhen Biyuanda Technology Co., Ltd Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.17.4 Shenzhen Biyuanda Technology Co., Ltd Heating Coil Product Offerings
- 7.17.5 Shenzhen Biyuanda Technology Co., Ltd Recent Development
- 7.18 HASTECO Heating Technology
- 7.18.1 HASTECO Heating Technology Company Information
- 7.18.2 HASTECO Heating Technology Introduction and Business Overview
- 7.18.3 HASTECO Heating Technology Heating Coil Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.18.4 HASTECO Heating Technology Heating Coil Product Offerings
- 7.18.5 HASTECO Heating Technology Recent Development
8 Industry Chain Analysis
- 8.1 Heating Coil Industrial Chain
- 8.2 Heating Coil Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Heating Coil Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Heating Coil Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer