The flexible heater market is projected to grow at a CAGR of 5.61% over the forecast period, increasing from US$1.363 billion in 2025 to US$1.790 billion by 2030.
The flexible heater is a known adaptable heat sources, which can be conformed in any shape or surface with great flexibilities. These heaters are lightweight and thin enough that they can be applied wherever more conventional rigid heaters cannot. Offerings in size, form, and heating patterns add further value, making them applicable to different environments. They are often made from durable materials that resist damage from harsh environments. They are conveniently utilized for energy efficiency in diverse areas where it is much needed.
The flexible heater market is witnessing growth driven by increased electronics device consumption, advancement in material science, medical applications, the automotive industry, aerospace and defense, and industrial processes. OICA data reported an upward trend in global vehicle production with a reported volume of 93.547 million units in 2023, compared to 2022's figure of 85.017 million units which signified 10% growth. Additionally, flexible heaters are integrated into consumer electronics, and they are employed in medical devices for accurate temperature control. Besides that, they are also applied to comfort and safety systems in automobiles, de-icing systems in aerospace and defense, industrial processing, and to enhance solar panel performance.
Moreover, the growing utilization in diverse industries will provide great prospects for flexible heaters applications such as in heated clothing and fitness wearables because the popularity of such new-generation wearable technology is increasing. These will significantly contribute to the flexible heater market growth in the coming years.
Demand in the United States is driven by applications in various industries like electronics, automotive, aerospace, and oil & gas, as flexible heaters have broad applicability. Growth factors for this market include growing interest in energy efficiency and increasing usage of advanced heating solutions to increase operational reliability.
In addition, the growing electric vehicle market, rising demand for accurate temperature control in medical equipment, and advancements in manufacturing technologies further fuel the demand for flexible heaters in the United States. Additionally, the rapid growth in electric vehicle production is anticipated to have a positive impact on the flexible heater market in the projected period. For instance, as per the U.S. The EIA reported that 78.9% of total BEVs sold in the United States in the third quarter of 2024 were made in North America, with 7.3% manufactured in South Korea and 5.3% in Germany. The trend towards production at home and the higher demand for heating solutions in EV battery systems will drive market growth forward.
In addition, the growing use of flexible heaters in the oil and gas industry in the United States is expected to drive market growth shortly. For instance, the International Energy Statistics report that the United States produced more crude oil than any country at any time. In 2023, U.S. crude oil production, including condensate, averaged 12.9 million barrels per day (b/d), breaking the previous U.S. and global record of 12.3 million b/d set in 2019. Average monthly U.S. crude oil production also reached a record high in December 2023 at more than 13.3 million b/d. This surge in production will push the demand for flexible heaters, particularly pipeline heating and freeze protection for equipment in the oil and gas industry in the projected period.
The flexible heater is a known adaptable heat sources, which can be conformed in any shape or surface with great flexibilities. These heaters are lightweight and thin enough that they can be applied wherever more conventional rigid heaters cannot. Offerings in size, form, and heating patterns add further value, making them applicable to different environments. They are often made from durable materials that resist damage from harsh environments. They are conveniently utilized for energy efficiency in diverse areas where it is much needed.
The flexible heater market is witnessing growth driven by increased electronics device consumption, advancement in material science, medical applications, the automotive industry, aerospace and defense, and industrial processes. OICA data reported an upward trend in global vehicle production with a reported volume of 93.547 million units in 2023, compared to 2022's figure of 85.017 million units which signified 10% growth. Additionally, flexible heaters are integrated into consumer electronics, and they are employed in medical devices for accurate temperature control. Besides that, they are also applied to comfort and safety systems in automobiles, de-icing systems in aerospace and defense, industrial processing, and to enhance solar panel performance.
Moreover, the growing utilization in diverse industries will provide great prospects for flexible heaters applications such as in heated clothing and fitness wearables because the popularity of such new-generation wearable technology is increasing. These will significantly contribute to the flexible heater market growth in the coming years.
Flexible heater market Drivers?
Rise in Electronic and Consumer Goods Consumption
The flexible heaters have penetrated manyconsumer electronicsdevices like smartphones, wearables,laptops, tablets, and gaming consoles to ensure temperature regulation, battery warming, localized heating, and performance enhancement. According to IDC Worldwide Quarterly Mobile Phone Tracker-Nov 2024, the world shipment of smartphones accounted for 314.6 million units in the third quarter of 2024, which is 3.6% higher than the same time in 2022, with 303.7 million units shipped. The expected increase in the technology-advanced mobile phones is set to bring improvement in the coming years which will provide an opportunity for the flexible heater industry's growth alongside these demands. Further, this growing consumer trend to acquire thinner and lighter electronic devices has increased demand for compact and flexible heating solutions. It is expected to propel the market development in the coming years.Flexible heater market geographical outlook:
The United States is estimated to hold a substantial market share in the coming years.Demand in the United States is driven by applications in various industries like electronics, automotive, aerospace, and oil & gas, as flexible heaters have broad applicability. Growth factors for this market include growing interest in energy efficiency and increasing usage of advanced heating solutions to increase operational reliability.
In addition, the growing electric vehicle market, rising demand for accurate temperature control in medical equipment, and advancements in manufacturing technologies further fuel the demand for flexible heaters in the United States. Additionally, the rapid growth in electric vehicle production is anticipated to have a positive impact on the flexible heater market in the projected period. For instance, as per the U.S. The EIA reported that 78.9% of total BEVs sold in the United States in the third quarter of 2024 were made in North America, with 7.3% manufactured in South Korea and 5.3% in Germany. The trend towards production at home and the higher demand for heating solutions in EV battery systems will drive market growth forward.
In addition, the growing use of flexible heaters in the oil and gas industry in the United States is expected to drive market growth shortly. For instance, the International Energy Statistics report that the United States produced more crude oil than any country at any time. In 2023, U.S. crude oil production, including condensate, averaged 12.9 million barrels per day (b/d), breaking the previous U.S. and global record of 12.3 million b/d set in 2019. Average monthly U.S. crude oil production also reached a record high in December 2023 at more than 13.3 million b/d. This surge in production will push the demand for flexible heaters, particularly pipeline heating and freeze protection for equipment in the oil and gas industry in the projected period.
Reasons for buying this report:
- Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub-segments.
- Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
- Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
- Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
- Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.
What do businesses use our reports for?
Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive IntelligenceReport Coverage:
- Historical data & forecasts from 2022 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
Company Profiling (Strategies, Products, Financial Information, and Key Developments among others
Market Segmentation:
BY TYPE
- Silicone rubber-based
- Polyimide-based
- Polyester-Based
- Mica-based
- Others
BY INDUSTRY VERTICAL
- Healthcare
- Automotive
- Food and Beverage
- Electronics
- Oil and Gas
- Aerospace and Defense
- Others
BY GEOGRAPHY
- North America
- South America
- Europe
- Middle East and Africa
- Asia-Pacific
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. FLEXIBLE HEATER MARKET BY TYPE
6. FLEXIBLE HEATER MARKET BY INDUSTRY VERTICAL
7. FLEXIBLE HEATER MARKET BY GEOGRAPHY
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
9. COMPANY PROFILES
Companies Mentioned
- Rogers Corporation
- Smiths Group plc
- Space-Ray, Inc.
- Omega Engineering
- NIBE Industrier AB
- Watlow Electric Manufacturing
- Minco Products, Inc.
- Zoppas Industries S.P.A.
- Chromalox
- Birk Manufacturing, Inc.
- All Flex Solutions
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 141 |
Published | December 2024 |
Forecast Period | 2025 - 2030 |
Estimated Market Value ( USD | $ 1.36 Billion |
Forecasted Market Value ( USD | $ 1.79 Billion |
Compound Annual Growth Rate | 5.6% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |