Immersion Heater Market - Top Companies and Manufacturers

Companies Dominating the Immersion Heater Market

NIBE Group
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
CIRCOR International, Inc.
Chromalox INC
Headway Electric Heat Components CO. Ltd
Minco Products, Inc
Hotset GmbH
Phillips & Temro Industries
Thermal Corporation
Industrial Heater Corporation
OMEGA Engineering, Inc.

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Immersion Heater Market Size & Share, Growth Analysis 2037

In the News

NIBE Industries AB has made a bold move by taking over a majority stake of 65% in the Canadian stove company Miles Industries Ltd., with the plan to acquire the remaining shares in the near future by 2026. This acquisition will definitely strengthen NIBE's position in the heating market and bring new opportunities for growth
Minco Products, Inc. has expanded its product line of ESA (European Space agency) qualified heaters to support their customers in heating applications across missions including, solar system exploration, telecommunication and earth observation.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of steam trap is estimated at USD 876.18 million.

The immersion heater market size was valued at USD 841.83 million in 2024 and is likely to cross USD 1.61 billion by 2037, registering more than 5.1% CAGR during the forecast period i.e., between 2025-2037. Increasing government programs and development of new technologies will boost the market growth.

North America industry is predicted to hold largest revenue share of 33% by 2037, impelled by regulatory measures to reduce the environmentally harmful equipment in the region.

The major players in the market are NIBE Group, CIRCOR International, Inc., Chromalox INC, Headway Electric Heat Components CO. Ltd, Minco Products, Inc, Hotset GmbH, Phillips & Temro Industries, Thermal Corporation, Industrial Heater Corporation, OMEGA Engineering, Inc.

Immersion Heater Market - Top Companies and Manufacturers

Companies Dominating the Immersion Heater Market

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What is the size of the immersion heater market?

Why is the immersion heater sector gaining traction in near future?

Which region accounted for the largest immersion heater industry share?

Who are the major immersion heater players?