Industry: Machinery & Equipment
Published Date: 2025-03-28
Pages: 155 Pages
Report ld: 4673987
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Heating Coil Market Size(US$)

CAGR 2025-2031
2.9%
Market Size,2031
USD 15,880
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
In 2024, the global market size of Heating Coil was estimated to be worth US$ 13040 million and is forecast to reach approximately US$ 15880 million by 2031 with a CAGR of 2.9% during the forecast period 2025-2031.
This report studies the Heating Coil market, which converts electricity into heat through the process of resistive.
Sandvik Materials Technology, ZI Heating Element Technologies, Escorts Limited, Kawai Electric Ltd. And Watlow Electric Manufacturing are the leading manufacturers of heating coils, with the top 5 manufacturers accounting for about 25% of the market share.
China is the largest production region, accounting for about 20% of the total market, followed by Europe with about 18%.
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Heating Coil, 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.
The Heating Coil market size, estimations, and forecasts are provided in terms of sales volume (M Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Heating Coil market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Heating Coil manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and regions.
By Company
Sandvik Materials Technology
ZI Heating Element Technologies
Escorts Limited
Kawai Electric Ltd.
Watlow Electric Manufacturing
WATTCO
Tutco
Rama Corp
Marathon Heater
SHANGHAI MINKVON INDUSTRY CO., LTD
Backer Hotwatt, Inc
Sunrise Products
HC Coils
NTT Heating
JFD Tube & Coil Products Inc
Segment by Type
Tubular Heater
Cartridge Heaters
Band Heaters
Others
Segment by Application
HVAC Industry
Industrial Equipment
Home Application
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
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, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales (consumption), revenue of Heating Coil in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 3: Detailed analysis of Heating Coil manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Heating Coil sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: Introduces 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 14: Research Findings and Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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TABLE OF CONTENTS
1 Study Coverage
1.1 Heating Coil Product Introduction
1.2 Market by Type
1.2.1 Global Heating Coil Market Size Growth Rate by Type (2020 VS 2024 VS 2031)
1.2.2 Tubular Heater
1.2.3 Cartridge Heaters
1.2.4 Band Heaters
1.2.5 Others
1.3 Market by Application
1.3.1 Global Heating Coil Market Size Growth Rate by Application (2020 VS 2024 VS 2031)
1.3.2 HVAC Industry
1.3.3 Industrial Equipment
1.3.4 Home Application
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Heating Coil Market Size Estimates and Forecasts
2.1.1 Global Heating Coil Revenue 2020-2031
2.1.2 Global Heating Coil Sales 2020-2031
2.2 Heating Coil Market Size by Region: 2024 Versus 2031
2.3 Heating Coil Sales by Region (2020-2031)
2.3.1 Global Heating Coil Sales by Region: 2020-2025
2.3.2 Global Heating Coil Sales Forecast by Region (2026-2031)
2.3.3 Global Heating Coil Sales Market Share by Region (2020-2031)
2.4 Heating Coil Market Estimates and Projections by Region (2026-2031)
2.4.1 Global Heating Coil Revenue by Region: 2020-2025
2.4.2 Global Heating Coil Revenue Forecast by Region (2026-2031)
2.4.3 Global Heating Coil Revenue Market Share by Region (2020-2031)
3 Market Segments
3.1 Breakdown Data by Type
3.1.1 Global Heating Coil Sales by Type (2020-2031)
3.1.1.1 Global Heating Coil Sales Volume by Type (2020-2031)
3.1.1.2 Global Heating Coil Sales Market Share by Type (2020-2031)
3.1.2 Global Heating Coil Revenue by Type (2020-2031)
3.1.2.1 Global Heating Coil Revenue by Type (2020-2031)
3.1.2.2 Global Heating Coil Revenue Market Share by Type (2020-2031)
3.1.3 Heating Coil Average Selling Price (ASP) by Type (2020-2031)
3.2 Breakdown Data by Application
3.2.1 Global Heating Coil Sales by Application (2020-2031)
3.2.1.1 Global Heating Coil Sales Volume by Application (2020-2031)
3.2.1.2 Global Heating Coil Sales Market Share by Application (2020-2031)
3.2.2 Global Heating Coil Revenue by Application (2020-2031)
3.2.2.1 Global Heating Coil Revenue by Application (2020-2031)
3.2.2.2 Global Heating Coil Revenue Market Share by Application (2020-2031)
3.2.3 Heating Coil Average Selling Price (ASP) by Application (2020-2031)
3.3 by Type and by Application Crossing Analysis
3.3.1 Tubular Heater of Heating Coil Revenue Market Share by Application
3.3.2 Cartridge Heaters of Heating Coil Revenue Market Share by Application
3.3.3 Band Heaters of Heating Coil Revenue Market Share by Application
3.3.4 Others of Heating Coil Revenue Market Share by Application
4 Global Heating Coil by Manufacturers
4.1 Global Top Heating Coil Manufacturers by Sales (2020-2025)
4.1.1 Global Heating Coil Sales by Manufacturer (2020-2025)
4.1.2 Global Heating Coil Sales Market Share by Manufacturer (2020-2025)
4.2 Global Top Heating Coil Manufacturers by Revenue (2020-2025)
4.2.1 Global Heating Coil Revenue by Manufacturer (2020-2025)
4.2.2 Global Heating Coil Revenue Share by Manufacturer (2020-2025)
4.3 Global Heating Coil Price by Manufacturer (2020-2025)
4.4 Competitive Landscape
4.4.1 Key Heating Coil Manufacturers Covered: Ranking by Revenue
4.4.2 Global Heating Coil Market Concentration Ratio (CR5 and HHI) & (2020-2025)
4.4.3 Global Heating Coil Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.5 Global Heating Coil Manufacturing Base Distribution, Product Type
4.5.1 Heating Coil Manufacturers Manufacturing Base Distribution, Headquarters
4.5.2 Date of International Manufacturers Enter into Heating Coil Market
4.5.3 Manufacturers Heating Coil Product Type and Application
4.5.4 Tubular Heater Market Sales of Heating Coil by Manufacturer
4.5.5 Cartridge Heaters Market Sales of Heating Coil by Manufacturer
4.5.6 Band Heaters Market Sales of Heating Coil by Manufacturer
4.5.7 Others Market Sales of Heating Coil by Manufacturer
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
5 Company Profiles
5.1 Sandvik Materials Technology
5.1.1 Sandvik Materials Technology Company Information
5.1.2 Sandvik Materials Technology Description, Business Overview
5.1.3 Sandvik Materials Technology Heating Coil Products Offered
5.1.4 Sandvik Materials Technology Heating Coil Sales, Revenue and Gross Margin (2020-2025)
5.1.5 Sandvik Materials Technology Heating Coil Sales by Product in 2024
5.1.6 Sandvik Materials Technology Heating Coil Sales by Application in 2024
5.1.7 Sandvik Materials Technology Heating Coil Sales by Geographic Area in 2024
5.1.8 Sandvik Materials Technology Recent Developments
5.2 ZI Heating Element Technologies
5.2.1 ZI Heating Element Technologies Company Information
5.2.2 ZI Heating Element Technologies Description, Business Overview
5.2.3 ZI Heating Element Technologies Heating Coil Products Offered
5.2.4 ZI Heating Element Technologies Heating Coil Sales, Revenue and Gross Margin (2020-2025)
5.2.5 ZI Heating Element Technologies Heating Coil Sales by Product in 2024
5.2.6 ZI Heating Element Technologies Heating Coil Sales by Application in 2024
5.2.7 ZI Heating Element Technologies Heating Coil Sales by Geographic Area in 2024
5.2.8 ZI Heating Element Technologies Recent Developments
5.3 Escorts Limited
5.3.1 Escorts Limited Company Information
5.3.2 Escorts Limited Description, Business Overview
5.3.3 Escorts Limited Heating Coil Products Offered
5.3.4 Escorts Limited Heating Coil Sales, Revenue and Gross Margin (2020-2025)
5.3.5 Escorts Limited Heating Coil Sales by Product in 2024
5.3.6 Escorts Limited Heating Coil Sales by Application in 2024
5.3.7 Escorts Limited Heating Coil Sales by Geographic Area in 2024
5.3.8 Escorts Limited Recent Developments
5.4 Kawai Electric Ltd.
5.4.1 Kawai Electric Ltd. Company Information
5.4.2 Kawai Electric Ltd. Description, Business Overview
5.4.3 Kawai Electric Ltd. Heating Coil Products Offered
5.4.4 Kawai Electric Ltd. Heating Coil Sales, Revenue and Gross Margin (2020-2025)
5.4.5 Kawai Electric Ltd. Heating Coil Sales by Product in 2024
5.4.6 Kawai Electric Ltd. Heating Coil Sales by Application in 2024
5.4.7 Kawai Electric Ltd. Heating Coil Sales by Geographic Area in 2024
5.4.8 Kawai Electric Ltd. Recent Developments
5.5 Watlow Electric Manufacturing
5.5.1 Watlow Electric Manufacturing Company Information
5.5.2 Watlow Electric Manufacturing Description, Business Overview
5.5.3 Watlow Electric Manufacturing Heating Coil Products Offered
5.5.4 Watlow Electric Manufacturing Heating Coil Sales, Revenue and Gross Margin (2020-2025)
5.5.5 Watlow Electric Manufacturing Heating Coil Sales by Product in 2024
5.5.6 Watlow Electric Manufacturing Heating Coil Sales by Application in 2024
5.5.7 Watlow Electric Manufacturing Heating Coil Sales by Geographic Area in 2024
5.5.8 Watlow Electric Manufacturing Recent Developments
5.6 WATTCO
5.6.1 WATTCO Company Information
5.6.2 WATTCO Description, Business Overview
5.6.3 WATTCO Heating Coil Products Offered
5.6.4 WATTCO Heating Coil Sales, Revenue and Gross Margin (2020-2025)
5.6.5 WATTCO Heating Coil Sales by Product in 2024
5.6.6 WATTCO Heating Coil Sales by Application in 2024
5.6.7 WATTCO Heating Coil Sales by Geographic Area in 2024
5.6.8 WATTCO Recent Developments
5.7 Tutco
5.7.1 Tutco Company Information
5.7.2 Tutco Description, Business Overview
5.7.3 Tutco Heating Coil Products Offered
5.7.4 Tutco Heating Coil Sales, Revenue and Gross Margin (2020-2025)
5.7.5 Tutco Heating Coil Sales by Product in 2024
5.7.6 Tutco Heating Coil Sales by Application in 2024
5.7.7 Tutco Heating Coil Sales by Geographic Area in 2024
5.7.8 Tutco Recent Developments
5.8 Rama Corp
5.8.1 Rama Corp Company Information
5.8.2 Rama Corp Description, Business Overview
5.8.3 Rama Corp Heating Coil Products Offered
5.8.4 Rama Corp Heating Coil Sales, Revenue and Gross Margin (2020-2025)
5.8.5 Rama Corp Heating Coil Sales by Product in 2024
5.8.6 Rama Corp Heating Coil Sales by Application in 2024
5.8.7 Rama Corp Heating Coil Sales by Geographic Area in 2024
5.8.8 Rama Corp Recent Developments
5.9 Marathon Heater
5.9.1 Marathon Heater Company Information
5.9.2 Marathon Heater Description, Business Overview
5.9.3 Marathon Heater Heating Coil Products Offered
5.9.4 Marathon Heater Heating Coil Sales, Revenue and Gross Margin (2020-2025)
5.9.5 Marathon Heater Heating Coil Sales by Product in 2024
5.9.6 Marathon Heater Heating Coil Sales by Application in 2024
5.9.7 Marathon Heater Heating Coil Sales by Geographic Area in 2024
5.9.8 Marathon Heater Recent Developments
5.10 SHANGHAI MINKVON INDUSTRY CO., LTD
5.10.1 SHANGHAI MINKVON INDUSTRY CO., LTD Company Information
5.10.2 SHANGHAI MINKVON INDUSTRY CO., LTD Description, Business Overview
5.10.3 SHANGHAI MINKVON INDUSTRY CO., LTD Heating Coil Products Offered
5.10.4 SHANGHAI MINKVON INDUSTRY CO., LTD Heating Coil Sales, Revenue and Gross Margin (2020-2025)
5.10.5 SHANGHAI MINKVON INDUSTRY CO., LTD Heating Coil Sales by Product in 2024
5.10.6 SHANGHAI MINKVON INDUSTRY CO., LTD Heating Coil Sales by Application in 2024
5.10.7 SHANGHAI MINKVON INDUSTRY CO., LTD Heating Coil Sales by Geographic Area in 2024
5.10.8 SHANGHAI MINKVON INDUSTRY CO., LTD Recent Developments
5.11 Backer Hotwatt, Inc
5.11.1 Backer Hotwatt, Inc Company Information
5.11.2 Backer Hotwatt, Inc Description, Business Overview
5.11.3 Backer Hotwatt, Inc Heating Coil Products Offered
5.11.4 Backer Hotwatt, Inc Heating Coil Sales, Revenue and Gross Margin (2020-2025)
5.11.5 Backer Hotwatt, Inc Heating Coil Sales by Product in 2024
5.11.6 Backer Hotwatt, Inc Heating Coil Sales by Application in 2024
5.11.7 Backer Hotwatt, Inc Heating Coil Sales by Geographic Area in 2024
5.11.8 Backer Hotwatt, Inc Recent Developments
5.12 Sunrise Products
5.12.1 Sunrise Products Company Information
5.12.2 Sunrise Products Description, Business Overview
5.12.3 Sunrise Products Heating Coil Products Offered
5.12.4 Sunrise Products Heating Coil Sales, Revenue and Gross Margin (2020-2025)
5.12.5 Sunrise Products Heating Coil Sales by Product in 2024
5.12.6 Sunrise Products Heating Coil Sales by Application in 2024
5.12.7 Sunrise Products Heating Coil Sales by Geographic Area in 2024
5.12.8 Sunrise Products Recent Developments
5.13 HC Coils
5.13.1 HC Coils Company Information
5.13.2 HC Coils Description, Business Overview
5.13.3 HC Coils Heating Coil Products Offered
5.13.4 HC Coils Heating Coil Sales, Revenue and Gross Margin (2020-2025)
5.13.5 HC Coils Heating Coil Sales by Product in 2024
5.13.6 HC Coils Heating Coil Sales by Application in 2024
5.13.7 HC Coils Heating Coil Sales by Geographic Area in 2024
5.13.8 HC Coils Recent Developments
5.14 NTT Heating
5.14.1 NTT Heating Company Information
5.14.2 NTT Heating Description, Business Overview
5.14.3 NTT Heating Heating Coil Products Offered
5.14.4 NTT Heating Heating Coil Sales, Revenue and Gross Margin (2020-2025)
5.14.5 NTT Heating Heating Coil Sales by Product in 2024
5.14.6 NTT Heating Heating Coil Sales by Application in 2024
5.14.7 NTT Heating Heating Coil Sales by Geographic Area in 2024
5.14.8 NTT Heating Recent Developments
5.15 JFD Tube & Coil Products Inc
5.15.1 JFD Tube & Coil Products Inc Company Information
5.15.2 JFD Tube & Coil Products Inc Description, Business Overview
5.15.3 JFD Tube & Coil Products Inc Heating Coil Products Offered
5.15.4 JFD Tube & Coil Products Inc Heating Coil Sales, Revenue and Gross Margin (2020-2025)
5.15.5 JFD Tube & Coil Products Inc Heating Coil Sales by Product in 2024
5.15.6 JFD Tube & Coil Products Inc Heating Coil Sales by Application in 2024
5.15.7 JFD Tube & Coil Products Inc Heating Coil Sales by Geographic Area in 2024
5.15.8 JFD Tube & Coil Products Inc Recent Developments
6 North America
6.1 North America Heating Coil Market Size YoY Growth 2020-2031
6.2 North America Heating Coil Market Facts & Figures by Country
6.2.1 North America Heating Coil Sales by Country (2020-2031)
6.2.2 North America Heating Coil Revenue by Country (2020-2031)
6.3 North America Heating Coil Sales by Type (2020-2025)
6.4 North America Heating Coil Sales by Application (2020-2025)
7 Asia-Pacific
7.1 Asia-Pacific Heating Coil Market Size YoY Growth 2020-2031
7.2 Asia-Pacific Heating Coil Market Facts & Figures by Region
7.2.1 Asia-Pacific Heating Coil Sales by Region (2020-2031)
7.2.2 Asia-Pacific Heating Coil Revenue by Region (2020-2031)
7.3 Asia-Pacific Heating Coil Sales by Type (2020-2025)
7.4 Asia-Pacific Heating Coil Sales by Application (2020-2025)
8 Europe
8.1 Europe Heating Coil Market Size YoY Growth 2020-2031
8.2 Europe Heating Coil Market Facts & Figures by Country
8.2.1 Europe Heating Coil Sales by Country (2020-2031)
8.2.2 Europe Heating Coil Revenue by Country (2020-2031)
8.3 Europe Heating Coil Sales by Type (2020-2025)
8.4 Europe Heating Coil Sales by Application (2020-2025)
9 Latin America
9.1 Latin America Heating Coil Market Size YoY Growth 2020-2031
9.2 Latin America Heating Coil Market Facts & Figures by Country
9.2.1 Latin America Heating Coil Sales by Country (2020-2031)
9.2.2 Latin America Heating Coil Revenue by Country (2020-2031)
9.3 Latin America Heating Coil Sales by Type (2020-2025)
9.4 Latin America Heating Coil Sales by Application (2020-2025)
10 Middle East and Africa
10.1 Latin America Heating Coil Market Size YoY Growth 2020-2031
10.2 Middle East and Africa Heating Coil Market Facts & Figures by Country
10.2.1 Middle East and Africa Heating Coil Sales by Country (2020-2031)
10.2.2 Middle East and Africa Heating Coil Revenue by Country (2020-2031)
10.3 Middle East and Africa Heating Coil Sales by Type (2020-2025)
10.4 Middle East and Africa Heating Coil Sales by Application (2020-2025)
11 Supply Chain and Sales Channel analysis
11.1 Heating Coil Supply Chain Analysis
11.2 Heating Coil Key Raw Materials and Upstream Suppliers
11.3 Heating Coil Clients Analysis
11.4 Heating Coil Sales Channel and Sales Model Analysis
11.4.1 Heating Coil Distribution Channel Analysis: Indirect Sales VS Direct Sales
11.4.2 Heating Coil Distribution Channel Analysis: Online Sales VS Offline Sales
11.4.3 Heating Coil Distributors
12 Heating Coil Market Dynamics
12.1 Heating Coil Industry Trends
12.2 Heating Coil Market Drivers
12.3 Heating Coil Market Challenges
12.4 Heating Coil Market Restraints
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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DESCRIPTION
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CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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