Global Thick Film Heaters Market by Product Type (Metal Thick Film Heater, Ceramic Thick Film Heater), By Application (Home Appliances, Medical Equipment, Industrial, Other Applications), and by Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Thick Film Heaters Market Overview:

The global thick film heaters market is projected to be USD 98.3 Mn in 2022 to reach USD 139.5 Mn by 2032 at a CAGR of 3.6%.

Thick film heaters convert electricity to heat and efficiently control and distribute the generated heat over a specific area. They are also known as resistive heaters. These heaters have found enormous applications in several fields such as consumer goods, the automotive sector, medical appliances, and others. Thick film heaters provide the practical solution of uniformly heating the surface with proficiency and effectiveness. With the vast applications for these heaters, the products are customized depending on their application and the clients’ requirements.

Global Thick Film Heaters Market Revenue (USD Mn), 2020–2030:

Several types of substrates, such as aluminum, glass, mica, and other products, are used for printing thick film heating elements. These substrates aid to ensure that the surface of the elements should uniformly be heated. The substrate’s response time and the physical properties of the substrates determine the strength, hardness, wear resistance, and reliability of thick filmed heaters.

The presence of a wide variety of substrates provides the choice of using these products for various applications depending on the requirements. This acts as the main factor likely to bolster the growth of the global thick film heater market.

Rising adoption of various consumer goods such as heaters, electric kettles, and other products in developing countries such as China and India, owing to the increase in per capita income and a higher standard of living in these countries. These open new and untapped markets for various new and existing players and thus act as an opportunity to increase the presence in the market.

The thick filmed heater’s production process is labor-intensive, with the laborers being physically present in various factory locations. The occurrence of global pandemic COVID-19 as the subsequent shut-down and the stringent social distancing norms have severely affected the production process and the supply chain. This is a factor that is likely to hamper the target market to a certain extent.

Global Thick Film Heaters Market Attractiveness Analysis by Product Type, 2014–2030:

The thick filed heater can be characterized based on the material’s resistance to positive temperature coefficient (PTC) and negative temperature coefficient (NTC). The output power of the NTC heater is higher compared to the PTC heaters. Another vital difference between the NTC and the PTC heaters is that the NTC heaters need a thermocouple to control the heat. In contrast, the PTC heaters are self-regulating due to the output power saturation at a higher temperature.

The Thick Film Heater Market can be segmented based on product type, application, and region. Based on the product type, the market can be segmented into metal thick film heaters & ceramic thick film heaters. On the basis of application, the market is segmented into home appliances, medical equipment, industrial & other applications. On the basis of the region, the market can be segmented into North America, Europe, Asia-Pacific, South America, Middle-East, and Africa.

The research report on the global thick film heaters market includes profiles of some of the major companies such as:

• NIBE Industrier AB
• Noritake Co. Ltd.
• Watlow
• Midas
• Otter Controls Ltd. (Ferro Techniek BV)
• Sedes Group
• Belilove Company – Engineers
• Thermo Heating Elements, LLC
• Datec Coating
• Panda PCB Technology Co., Ltd.
• Others

Segmentation for Global Thick Film Heater Market, based on Product Type, Application, and Regions:

Based on Product Type:

• Metal Thick Film Heater
• Ceramic Thick Film Heater

Based on Application:

• Home Appliances
• Medical Equipment
• Industrial
• Other Applications

Based on Regions:

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

For the Thick Film Heater Market research study, the following years have been considered to estimate the market size: