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Rising Demand for Consumer Electronics Creating market for Electric Heating Cable Worldwide

06-12-2017 10:47 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Research News Today

Rising Demand for Consumer Electronics Creating market

The electric heating cable also known as heat trace cable amongst the industry is a wire cable that produces heat. Heating cables are versatile cables with many applications including frost protection, ice and snow melting, heat loss replacement, pipe tracing, viscosity control, temperature process maintenance, roof and gutter de-icing. Self-regulating heating cable, constant wattage heating cable, mineral insulated heating cable and skin-effect heat-tracing cable are the types of heating cable available in the global market.
According to the research report “Global Electric Heating Cable Market by Manufacturers, Regions, Type and Application, Forecast to 2022”, the electric heating cable is used in various industries such as the oil and gas production and storage facilities, pharmaceutical production, petrochemical plants, refineries, power generation, water and waste treatment plants, food processing and many others. Commercial applications for the cables are mostly in offices and in different modes of transportation. The systems using electric heating cable can be found in residential, municipal and institutional buildings like hospitals, nursing homes, office blocks, leisure complexes and educational establishments etc.
The largest company for electric heating cables is Raychem. Raychem's self-regulating heating cable is available in a range of products suitable for use in residential houses, in construction for larger buildings, and for industrial-based applications. Raychemis followed by Special Systems and Technologies Group of Companies (SST Group) and Anhui Huanrui. Other leading companies include Thermon, Bartec, Wuhu Jiahong, Emerson, Anbang, Eltherm, Heat Trace Products, Anhui Huayang, Chromalox, Isopad, King Manufacturing, Flexelec, Garnisch, FINE Unichem, Wanlan Group, SunTouch, Aoqi Electric, Thanglong Electric, Urecon, BriskHeat and Daming. The top 10 companies produce almost half of the total output of the industry. The most commonly used cables are self-regulating cables which account for more than half of the production and is more popular than all the other electric heating cables available in the market. This cable is used in most of the industrial and commercial electric heating systems. It also has other applications especially in the oil and gas industry, which is the biggest consumer of electric heating systems.
The demand for electric heating cables has been increasing with the increase in demand for mobility and connectivity in consumer electronics and testing services. The need for permanent heating systems as well as the increased emphasis on reducing operational cost will trigger the replacement of previously installed heating systems in industries, creating a steady demand for the electric heating cables. The rising concerns for safety in different modes of transportation also affect the market for the cables which calls for an improvement in the quality of the cables. However, the high setting up costs and uncertain market conditions create problems with the expansion and growth of the electric heating cable industry. The installation of electric trace heating system is expensive and the complex design also requires skilled labour which also hinders the growth of the industry.
The major share in the global electric cables market is held by China followed by Europe, North America, China, Germany and Russia. USA is the most prominent manufacturer of electric heating cables.
To know more click on the link
https://www.kenresearch.com/technology-and-telecom/telecommunications-and-networking/global-electric-heating-cable-market/111133-105.html

Ken Research is a Global aggregator and publisher of Market intelligence research reports, equity reports, data base directories and economy reports. Our market research reports provides market sizing analysis, insights on promising industry segments, competition, future outlook and growth drivers in the space. The company is engaged in data analytics and aids clients in due-diligence, product expansion, plant setup, acquisition intelligence to all the other gamut of objectives through our research focus.

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