About Infrared Radiant Heaters
Infrared radiant heaters emit infrared heat waves and the heating units are effective for spot heating. However, because of efficient performance, they are also used for the total heating of large areas and entire buildings. Radiant heaters transfer energy directly to solid objects. Some energy is lost during transmission because air is a poor absorber of infrared energy. Increasing usage of infrared radiant heaters in various applications such as home use, office use, among others and raising awareness about the benefit of tower heaters are likely to be a prime driver for the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.1% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Infrared Radiant Heaters market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Wattco (Canada), Chromalox (United States), Kinetics Infrared (United States), Herschel Infrared Ltd (United Kingdom), Jarden Consumer Solutions (United States), Schwank (United States), Tansun (United Kingdom), Honeywell (United States), IR Energy (United States) and Midea Group (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Infralia (Belgium), ETHERMA Elektrowärme GmbH (Austria), Mor Electric Heating (United States) and FRICO (Sweden).
Segmentation Overview
AMA Research has segmented the market of Global Infrared Radiant Heaters market by Type (Gas Heated Radiators, Electrically Heated Radiators [Tubular/Flat Metallic Heaters, Ceramic Heaters, Quartz Tube Heaters, Halogen Tube Heaters] and Others), Application (Heating Systems, Curing of Coatings, Plastic Shrinking, Plastic Heating Prior To Forming, Plastic Welding, Glass & Metal Heat Treating and Others) and Region.
On the basis of geography, the market of Infrared Radiant Heaters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Verticals, the sub-segment i.e. Medical will boost the Infrared Radiant Heaters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mobility, the sub-segment i.e. Portable will boost the Infrared Radiant Heaters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising R & D to Improve Battery Life and Increase Heating Range, Reduce Charging Time and Technological Advancements in the Infrared Heater
Market Growth Drivers:
Increase in Industrial Utilization of Infrared Radiation Heaters and Increasing Investments by Residential Users in Infrared Radiation
Restraints:
These Heaters Take Longer To Warm an Area Because They Rely On Stagnant Air
Opportunities:
Growing Industrialization & Urbanization in Developing Countries and Rising Demand in Residential Applications such as Home Use and Office Use
Market Leaders and their expansionary development strategies
In July 2023, NIBE acquires 77.5% of the shares of CERAMICX. this acquisition, we are further complementing our product portfolio within industrial electrical heating. This sector is assessed to be undergoing strong growth due to society’s aim of reducing CO2 emissions and reducing dependence on oil and gas
In August 2023, has announced the launch of a new electric infrared product line. With this new product offering, Modine is expanding its portfolio of energy-efficient and low-emissions heating solutions for a wide range of commercial and residential applications.
Key Target Audience
Manufacturers of Infrared Radiant Heaters, Suppliers of Infrared Radiant Heaters, Wholesalers, Distributors and Retailers of Infrared Radiant Heaters, Mining Industry, Automotive Industry and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.