The global flexible heater market size is anticipated to grow from USD 1.2 billion in 2022 to USD 1.7 billion by 2027, at a CAGR of 7.2% from 2022 to 2027. Rising requirements of flexible heaters in various applications as well as surging demand for novel heating solutions in electronics & semiconductor, automotive & transportation, medical, food & beverages and oil & gas are some of the major factors propelling the growth of flexible heater market.
NIBE Industrier(Sweden), Honeywell International(US), Omega Engineering(US), Watlow Electric Manufacturing(UK) and Smiths Group(UK) are the top five players in the flexible heater market globally. These companies offer a wide range of flexible heaters, as well as related solutions and services, and have operations worldwide. They rely on their R&D capabilities and diversified product and service portfolios to increase their market share.
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NIBE Industrier comprises of many subsidiaries that develop manufacture and sells various energy efficient solutions for intelligent heating and control over Nordic countries, North America and Internationally known for the provision of heating technology solutions. The NIBE Elements business segment deals with component and solution for heating and control such as cable and jackets, resistors, heat exchangers, flexible heaters, and temperature sensors. The company has acquired HT S.p.A, Backer Hotwatt, BriskHeat to expand its business reach in the Flexible heater market The companys clients are based in several countries across the Americas, Europe, Africa, and Asia.
Honeywell specializes in process technologies, electronic and advanced materials, sensing, safety and security technologies and industrial control system. The company offers flexible heaters under safety and productivity solutions of their business segments for multiple needs in medical electronics market that are available in flat, molded-to-shape, spiral wrap, composite, and high temperature configurations. The product ranges in two series i.e., C3200 and C3400 series that are manufactured from variety of materials including silicon, Kapton and other flexible dielectric components.
Omega Engineering is a US based instrumentation company which designs and manufactures product for measurement and control of temperature, humidity, pressure strain, force, flow, level, pH and conductivity. offers a complete line of data acquisition, heating custom engineering products that are fully integrated with in-house design and manufacturing. The company offers different kind of Industrial heaters depending upon the size, shape and need. Flexible heaters fall in the category of surface heaters and comes with silicone rubber and polyimide known for their fast cycle times, thin thickness, flexible nature and adhesive installation features. It operates in all the major regions, such as Europe, the Americas, and Asia Pacific as well as other regions.
Flexible Heater Market by Type (Silicone Rubber, Polyimide, Polyester, Mica), Industry (Electronics & Semiconductor, Medical, Aerospace, Automotive & Transportation, Food & Beverages, Oil & Gas) and Region - Global Forecast to 2027
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