Market Snapshot:
Self-regulating heating cable or self-limiting heating cable often known as heat trace cable or heating tape is the cable that automatically adjusts heat output based on the temperature of a surface. It is ideal for freeze protection and low-temperature process maintenance such as water pipe heating and roof & gutter freeze protection. The market of self-regulating heating cable is growing due to the rising demand for energy-efficient cable over the conventional one, while some of the factors like availability of substitutes is further hindering the market.
Market Drivers
- Increasing Adoption of Self Regulating Heating Cables Over Conventional One
- Low Maintenance Cost
Market Trend
- Rising Demand for Energy-Efficient Cables
Restraints
- Devastating Effects of Overlapping of Heating Cables
Opportunities
Growing Demand for Self Regulating Heating Cables From Various End-User Industries and Growing Adoption of Self Regulating Heating Cables in Power Plants
Players Covered in the Study are:
Thermon (United States), BARTEC (Germany), Emerson (United States), Eltherm (Germany), Raychem (India), SST (Germany), Anhui Huanrui (China), Wuhu Jiahong (China), Anbang (China) and TECHNITRACE (France)
What can be explored with Self Regulating Heating Cables study:
• Where Self Regulating Heating Cables industry stands in scaling its end use implementations
• What concrete benefits would result from scaled initiatives by Players
• Where Players should focus their investments cycle
• Key success factors and recommendations for upscaling future growth.
• Target Market / Country and Key Business Segments