Rising adoption of thick film technology for production of various devices including electronic and electrical components is expected to boost market growth over the forecast period. Thick films offer several advantages including higher resistant to the moisture, glass-like structure and cost efficiency. However, increasing technological innovation and methodologies are considered as key challenges to market growth. Asia Pacific is anticipated to witness significant growth over the coming years due to the strong economic growth and rising per capita income across the region. Countries such as India, China and South Korea are leading Asia Pacific market with rising R&D activities.
Major players dominating the global market include EGO, Heatron, Watlow, Midas, Ferro Techniek, and Chromalox.
The report titled “Thick Film Heaters - Global Market Share, Trends, Analysis and Forecasts, 2023-2032” wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global thick film heaters market. Furthermore, the report would reflect on the key developments, global & regional sales network, business strategies, security & exchange overview, research & development activities, production facilities, product portfolio, employee strength, and key executive, for all the players considered under the scope of study.
For instance, Sedes Group reported revenues of US$ 9.30 Million in 2017 and the segment and geographic analysis of the company indicates that Flexible Heating Elements is the dominating segment of the company, with Europe being the major revenue generating region.
The thick film heaters market study takes into consideration market segmentation based on type, application, and geography. Based on type, the global thick film heater market is segmented into metal thick film heater and ceramic thick film heater. On the basis of application, the market is segmented into Home appliances, medical equipment, industrial, and others. Based on geography, the global thick film heater market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
The study provides in-depth analysis of individual company considered under the scope of study with a focus on all operating business segment, and would identify the segment of the company focusing on thick film heater products. Further, market share of company in the global thick film heaters market would also be calculated. For instance, Sedes Group offers Flexible Heating Elements, Ultra-Flat Heating Elements, Tubular Heating Elements, Heating Elements on Threaded Plug, Self-Regulating Cartridge, and Raw materials.
The report study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the thick film heaters manufacturing companies. Furthermore, the global thick film heaters market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution.
Product portfolio would focus on all the products under the thick film heaters business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global thick film heaters market.
For instance, "Sedes Group Heating Elements announced that it has now gained UL approval for all its Etched Foil Heaters manufactured using a variety of substrate insulating materials. Sedes Group can therefore now produce UL approved ultra flat heaters not only with silicone insulation but also in polyester and polymide, complete with safety devices, when requested. This investment has been made with the aim to support our customer base in gaining new market opportunities and developing new projects."
Market Segmentation:
By Type
By Application
By Region
The Thick Film Heaters market is studied from 2022 to 2032.
Increasing technological innovation and methodologies are considered as key challenges to market growth
The major players are EGO, Heatron, Watlow, Midas, Ferro Techniek, and Chromalox. .
Thick Film Heaters are largely used in the Home appliances, medical equipment, industrial, and others.
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