The global demand for Infrared Heaters Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
An infrared heater is an electronic appliance that transfers warmth and non-drying heat to surrounding by converting electric energy into electromagnetic radiation with wavelengths between 780 nm and 1 mm that is invisible to the eye. It works close to the natural effect of the sun without the harmful UV rays. It is applied for many purposes, including heating systems, plastic heating before forming, plastic welding, glass & metal heat treating, cooking, curing of coatings, plastic shrinking, and warming suckling animals or captive animals zoos or veterinary clinics.
Rising heat demand within end-use industries is driving the global infrared heaters market. Growing production expansion of polymers, glass, metal, and domestic use amplifies the need for an infrared heater. The growing trend of a smart home is creating new opportunities for the market. Home appliances are being integrated with IoT for enhanced accessibility. Manufacturers are now moving into iOS, and android application IoT enabled products. Players are innovating the product to cut energy costs and producing innovative products of acknowledged technical excellence, reliability, and quality. The new app is being developed for mobile and tablet devices for smart control, further enhancing the efficiency of infrared heaters.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of infrared heaters.
The entire infrared heaters market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
This section covers regional segmentation which accentuates on current and future demand for infrared heaters market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Infrared Heaters Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the infrared heaters market include Jarden Consumer Solutions, Midea, Twin-Star, Schwank, Tansun, Edenpure, Dr Infrared Heater, Honeywell, Lifesmart, IR Energy, Singfun, Gree, Infralia. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.