The flexible heater market size has grown strongly in recent years. It will grow from $1.27 billion in 2024 to $1.36 billion in 2025 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to miniaturization trends, automotive industry growth, energy efficiency requirements, consumer electronics evolution, food and beverage processing.
The flexible heater market size is expected to see strong growth in the next few years. It will grow to $1.81 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to advanced materials development, e-commerce and packaging industry, flexible electronics growth, environmental monitoring solutions, expansion of the aerospace sector. Major trends in the forecast period include wearable technology, consumer electronics, consumer electronics, advancements in material science, smart heating solutions, innovations in printing technologies.
The rising demand for automobiles is anticipated to drive the growth of the flexible heater market in the coming years. Flexible heaters are utilized in vehicles to prevent ice buildup on side view mirrors and in cars, buses, and trucks operating in extremely low temperatures. Print heaters can also function as seat warmers, steering wheel heaters, window defrosters, or general heaters within vehicles. The growing demand for automobiles, particularly electric vehicles, contributes to the need for flexible heaters. For example, in June 2024, the International Energy Agency (IEA), a France-based intergovernmental organization, reported that electric cars accounted for 18% of the total market in 2023, with sales approaching 14 million and projected to reach 17 million in 2024. Therefore, the increasing demand for automobiles is expected to drive the demand for flexible heaters throughout the forecast period.
The expansion of the consumer electronics market is expected to drive the growth trajectory of the flexible heater market. Consumer electronics encompass a broad spectrum of electronic devices designed for personal use, encompassing entertainment, communication, productivity, and daily convenience. Flexible heaters find extensive applications within consumer electronics to ensure precise temperature control and prevent issues like condensation, maintaining optimal operating temperatures for batteries, displays, sensors, and other components in smartphones, tablets, laptops, and wearables. This application enhances the reliability and performance of these devices, especially in environments with variable temperatures, ultimately leading to enhanced user experiences and prolonged device longevity. According to projections from Oberlo in 2023, the consumer electronics market is set to achieve a revenue of $603 billion, showing a substantial 11.9% annual growth, with expectations of reaching $230 billion by 2027, accounting for 24.2% of the industry's total revenue. Hence, the consumer electronics market's expansion is a driving force behind the flexible heater market's growth.
Technological advancement is a significant trend gaining traction in the flexible heater market. Key players in the flexible heater industry are concentrating on technological innovations to maintain their competitive edge. For example, in February 2024, Modine Manufacturing Company, a US-based heat transfer products firm, introduced the MEW Electric Unit Heater. These electric unit heaters, which are resistant to corrosion, are designed for non-hazardous washdown and corrosive environments, incorporating NEMA 4X protection for improved durability and operational lifespan. With their stainless steel construction and optional built-in features, the MEW heaters deliver dependable heating solutions customized for industries such as agriculture, food and beverage production, and petrochemicals.
The mergers and acquisitions (M&A) landscape is a strategic avenue major companies often utilize to fortify their market positions and expand their product offerings. Two such instances include Watlow's acquisition of Eurotherm and Storskogen's acquisition of Flexi Heater. In February 2022, Watlow, a prominent US-based designer and manufacturer of comprehensive industrial thermal systems, acquired Eurotherm, a UK-based provider of a wide range of thermal products such as temperature controllers and heaters. This acquisition, conducted for an undisclosed amount, was aimed at bolstering Watlow's portfolio with innovative thermal products and cutting-edge technologies. Watlow's strategic intent behind this acquisition is to leverage Eurotherm's offerings to enhance its customers' competitive edge by providing them with advanced and diverse thermal solutions.
In November 2022, Watlow, a US-based electric manufacturing company, acquired Eurotherm Limited for an undisclosed sum. This acquisition is intended to enhance their innovative thermal product offerings and generate new global opportunities for customers by merging their technologies and expanding manufacturing capabilities. Eurotherm Limited is a UK-based manufacturer specializing in temperature control.
Major companies operating in the flexible heater market are Honeywell International Inc., Nibe Industrier AB, OMEGA Engineering Inc., Watlow Electric Manufacturing Company, All Flex Flexible Circuits LLC, Chromalox Inc., Zoppas Industries S.P.A., Rogers Corporation, Minco Products Inc., Birk Manufacturing Inc., Bucan Electric Heating Devices Inc., Durex Industries Corp., Holroyd Components Ltd., Tempco Electric Heater Corporation, Thermo Heating Elements LLC, Rama Corporation, Heatron Inc., Backer Marathon Inc., Space-Ray Inc., Tutco-Farnam Custom Products, Backer Hotwatt Inc., Delta-Therm Corporation, Thermal Circuits Inc., BriskHeat Corporation, Hotset America Corp., Hi-Heat Industries Inc., Kapton Heaters Inc., Flexelec Ltd., Calorique LLC, Hillesheim GmbH, Elmatic (Cardiff) Ltd., Kuhlmann Electro-Heat A/S, Zhejiang Zhongmin Electrical Appliance Co. Ltd.
Asia-Pacific was the largest region in the flexible heater market in 2024. The regions covered in the flexible heater analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the flexible heater market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and the USA.
Flexible heaters are heaters that can be bent or flexed to conform to the curves of the surface to be heated. They are wire-wrapped, chemically etched, or screen-printed, providing versatility for various applications where heat supply is needed. These heaters possess characteristics that make them resistant to chemicals and moisture, and they are known for their durability, accuracy, and efficiency.
The main types of flexible heaters include silicone rubber-based, polyimide-based, polyester-based, mica-based, and others. Silicone rubber-based flexible heaters consist of resistance wire wound on a fiberglass cable for support, while the resistance element in etched foil heaters is formed of a thin metal foil. These flexible heaters are distributed through various channels such as retail, supermarkets, online platforms, offline stores, and others. They find applications in diverse industries, including electronics and semiconductors, medical, aerospace and defense, food and beverages, automotive, oil and gas, mining, and more.
The flexible heater market research report is one of a series of new reports that provides flexible heater market statistics, including flexible heater industry global market size, regional shares, competitors with flexible heater market share, detailed flexible heater market segments, market trends, and opportunities, and any further data you may need to thrive in the flexible heater industry. This flexible heater market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The flexible heater market consists of sales of butyl-rubber-based heaters and wired heaters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The flexible heater market size is expected to see strong growth in the next few years. It will grow to $1.81 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to advanced materials development, e-commerce and packaging industry, flexible electronics growth, environmental monitoring solutions, expansion of the aerospace sector. Major trends in the forecast period include wearable technology, consumer electronics, consumer electronics, advancements in material science, smart heating solutions, innovations in printing technologies.
The rising demand for automobiles is anticipated to drive the growth of the flexible heater market in the coming years. Flexible heaters are utilized in vehicles to prevent ice buildup on side view mirrors and in cars, buses, and trucks operating in extremely low temperatures. Print heaters can also function as seat warmers, steering wheel heaters, window defrosters, or general heaters within vehicles. The growing demand for automobiles, particularly electric vehicles, contributes to the need for flexible heaters. For example, in June 2024, the International Energy Agency (IEA), a France-based intergovernmental organization, reported that electric cars accounted for 18% of the total market in 2023, with sales approaching 14 million and projected to reach 17 million in 2024. Therefore, the increasing demand for automobiles is expected to drive the demand for flexible heaters throughout the forecast period.
The expansion of the consumer electronics market is expected to drive the growth trajectory of the flexible heater market. Consumer electronics encompass a broad spectrum of electronic devices designed for personal use, encompassing entertainment, communication, productivity, and daily convenience. Flexible heaters find extensive applications within consumer electronics to ensure precise temperature control and prevent issues like condensation, maintaining optimal operating temperatures for batteries, displays, sensors, and other components in smartphones, tablets, laptops, and wearables. This application enhances the reliability and performance of these devices, especially in environments with variable temperatures, ultimately leading to enhanced user experiences and prolonged device longevity. According to projections from Oberlo in 2023, the consumer electronics market is set to achieve a revenue of $603 billion, showing a substantial 11.9% annual growth, with expectations of reaching $230 billion by 2027, accounting for 24.2% of the industry's total revenue. Hence, the consumer electronics market's expansion is a driving force behind the flexible heater market's growth.
Technological advancement is a significant trend gaining traction in the flexible heater market. Key players in the flexible heater industry are concentrating on technological innovations to maintain their competitive edge. For example, in February 2024, Modine Manufacturing Company, a US-based heat transfer products firm, introduced the MEW Electric Unit Heater. These electric unit heaters, which are resistant to corrosion, are designed for non-hazardous washdown and corrosive environments, incorporating NEMA 4X protection for improved durability and operational lifespan. With their stainless steel construction and optional built-in features, the MEW heaters deliver dependable heating solutions customized for industries such as agriculture, food and beverage production, and petrochemicals.
The mergers and acquisitions (M&A) landscape is a strategic avenue major companies often utilize to fortify their market positions and expand their product offerings. Two such instances include Watlow's acquisition of Eurotherm and Storskogen's acquisition of Flexi Heater. In February 2022, Watlow, a prominent US-based designer and manufacturer of comprehensive industrial thermal systems, acquired Eurotherm, a UK-based provider of a wide range of thermal products such as temperature controllers and heaters. This acquisition, conducted for an undisclosed amount, was aimed at bolstering Watlow's portfolio with innovative thermal products and cutting-edge technologies. Watlow's strategic intent behind this acquisition is to leverage Eurotherm's offerings to enhance its customers' competitive edge by providing them with advanced and diverse thermal solutions.
In November 2022, Watlow, a US-based electric manufacturing company, acquired Eurotherm Limited for an undisclosed sum. This acquisition is intended to enhance their innovative thermal product offerings and generate new global opportunities for customers by merging their technologies and expanding manufacturing capabilities. Eurotherm Limited is a UK-based manufacturer specializing in temperature control.
Major companies operating in the flexible heater market are Honeywell International Inc., Nibe Industrier AB, OMEGA Engineering Inc., Watlow Electric Manufacturing Company, All Flex Flexible Circuits LLC, Chromalox Inc., Zoppas Industries S.P.A., Rogers Corporation, Minco Products Inc., Birk Manufacturing Inc., Bucan Electric Heating Devices Inc., Durex Industries Corp., Holroyd Components Ltd., Tempco Electric Heater Corporation, Thermo Heating Elements LLC, Rama Corporation, Heatron Inc., Backer Marathon Inc., Space-Ray Inc., Tutco-Farnam Custom Products, Backer Hotwatt Inc., Delta-Therm Corporation, Thermal Circuits Inc., BriskHeat Corporation, Hotset America Corp., Hi-Heat Industries Inc., Kapton Heaters Inc., Flexelec Ltd., Calorique LLC, Hillesheim GmbH, Elmatic (Cardiff) Ltd., Kuhlmann Electro-Heat A/S, Zhejiang Zhongmin Electrical Appliance Co. Ltd.
Asia-Pacific was the largest region in the flexible heater market in 2024. The regions covered in the flexible heater analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the flexible heater market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and the USA.
Flexible heaters are heaters that can be bent or flexed to conform to the curves of the surface to be heated. They are wire-wrapped, chemically etched, or screen-printed, providing versatility for various applications where heat supply is needed. These heaters possess characteristics that make them resistant to chemicals and moisture, and they are known for their durability, accuracy, and efficiency.
The main types of flexible heaters include silicone rubber-based, polyimide-based, polyester-based, mica-based, and others. Silicone rubber-based flexible heaters consist of resistance wire wound on a fiberglass cable for support, while the resistance element in etched foil heaters is formed of a thin metal foil. These flexible heaters are distributed through various channels such as retail, supermarkets, online platforms, offline stores, and others. They find applications in diverse industries, including electronics and semiconductors, medical, aerospace and defense, food and beverages, automotive, oil and gas, mining, and more.
The flexible heater market research report is one of a series of new reports that provides flexible heater market statistics, including flexible heater industry global market size, regional shares, competitors with flexible heater market share, detailed flexible heater market segments, market trends, and opportunities, and any further data you may need to thrive in the flexible heater industry. This flexible heater market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The flexible heater market consists of sales of butyl-rubber-based heaters and wired heaters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Flexible Heater Market Characteristics3. Flexible Heater Market Trends and Strategies4. Flexible Heater Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Flexible Heater Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Flexible Heater Market34. Recent Developments in the Flexible Heater Market
5. Global Flexible Heater Growth Analysis and Strategic Analysis Framework
6. Flexible Heater Market Segmentation
7. Flexible Heater Market Regional and Country Analysis
8. Asia-Pacific Flexible Heater Market
9. China Flexible Heater Market
10. India Flexible Heater Market
11. Japan Flexible Heater Market
12. Australia Flexible Heater Market
13. Indonesia Flexible Heater Market
14. South Korea Flexible Heater Market
15. Western Europe Flexible Heater Market
16. UK Flexible Heater Market
17. Germany Flexible Heater Market
18. France Flexible Heater Market
19. Italy Flexible Heater Market
20. Spain Flexible Heater Market
21. Eastern Europe Flexible Heater Market
22. Russia Flexible Heater Market
23. North America Flexible Heater Market
24. USA Flexible Heater Market
25. Canada Flexible Heater Market
26. South America Flexible Heater Market
27. Brazil Flexible Heater Market
28. Middle East Flexible Heater Market
29. Africa Flexible Heater Market
30. Flexible Heater Market Competitive Landscape and Company Profiles
31. Flexible Heater Market Other Major and Innovative Companies
35. Flexible Heater Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Flexible Heater Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on flexible heater market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for flexible heater? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The flexible heater market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Type: Silicone Rubber-Based; Polyimide-Based; Polyester-Based; Mica-Based; Other Types2) by Distribution Channel: Retail; Supermarket; Online; Offline; Other Distribution Channels
3) by Industry: Electronics and Semiconductor; Medical; Aerospace and Defense; Food and Beverages; Automotive; Oil and Gas; Mining; Other Industries
Subsegments:
1) by Silicone Rubber-Based: Silicone Rubber Heaters; Silicone Rubber Mats2) by Polyimide-Based: Polyimide Film Heaters; Flexible Polyimide Heaters
3) by Polyester-Based: Polyester Film Heaters; Flexible Polyester Heaters
4) by Mica-Based: Mica Flat Heaters; Mica Band Heaters
5) by Other Types: Kapton Heaters; Carbon Fiber Heaters; Resistance Wire Heaters
Key Companies Mentioned: Honeywell International Inc.; Nibe Industrier AB; OMEGA Engineering Inc.; Watlow Electric Manufacturing Company; All Flex Flexible Circuits LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Flexible Heater market report include:- Honeywell International Inc.
- Nibe Industrier AB
- OMEGA Engineering Inc.
- Watlow Electric Manufacturing Company
- All Flex Flexible Circuits LLC
- Chromalox Inc.
- Zoppas Industries S.P.A.
- Rogers Corporation
- Minco Products Inc.
- Birk Manufacturing Inc.
- Bucan Electric Heating Devices Inc.
- Durex Industries Corp.
- Holroyd Components Ltd.
- Tempco Electric Heater Corporation
- Thermo Heating Elements LLC
- Rama Corporation
- Heatron Inc.
- Backer Marathon Inc.
- Space-Ray Inc.
- Tutco-Farnam Custom Products
- Backer Hotwatt Inc.
- Delta-Therm Corporation
- Thermal Circuits Inc.
- BriskHeat Corporation
- Hotset America Corp.
- Hi-Heat Industries Inc.
- Kapton Heaters Inc.
- Flexelec Ltd.
- Calorique LLC
- Hillesheim GmbH
- Elmatic (Cardiff) Ltd.
- Kuhlmann Electro-Heat A/S
- Zhejiang Zhongmin Electrical Appliance Co. Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 1.36 Billion |
Forecasted Market Value ( USD | $ 1.81 Billion |
Compound Annual Growth Rate | 7.3% |
Regions Covered | Global |
No. of Companies Mentioned | 34 |