Radiators are fundamentally the heat exchangers purposely made to transfer thermal energy from one medium to another and the primary principle behind designing and developing them is space heating. The electric radiators are usually cheaper to operate when compared to storage heaters or gas central heating as they are energy efficient in nature and they offer precision heating control. Also, these radiators are said to be 100% efficient and all the electricity that is employed is turned into heat.
MARKET DYNAMICS
Rapid industrialization, introduction of energy efficiency strategies, and rising demand for power consumption is expected to positively influence the electric radiator market share. Moreover, increasing technological funding toward the development of advanced system as well as the rising implication of energy management and optimization across the industries is anticipated to propel the product penetration, thereby boosting the electric radiator market growth.
MARKET SCOPE
The "Global Electric Radiator Market Analysis to 2028" is a specialized and in-depth study of the electric radiator industry with a special focus on the global market trend analysis. The report aims to provide an overview of electric radiator market with detailed market segmentation by type, facility type, application, and geography. The global electric radiator market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric radiator market players and offers trends and opportunities in the market.
MARKET SEGMENTATION
The global electric radiator market is segmented on the basis of type, facility type, and application. Based on type, the electric radiator market is segmented as fan heaters, convection radiators, infrared radiators, and oil-based electric radiators. Based on facility type, the market is segmented as existing buildings and new buildings. On the basis of application, the market is segmented as residential, commercial, and industrial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global electric radiator market based on various segments. it also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The electric radiator market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of various countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting electric radiator market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the electric radiator market for each region.
MARKET PLAYERS
The reports cover key developments in the electric radiator market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from electric radiator market are anticipated to lucrative growth opportunities in the future with the rising demand for electric radiator in the global market. Below mentioned is the list of few companies engaged in the electric radiator market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, key development in the past five years.
- EcoVolt Ltd
- ELNUR S.A.
- Eskimo Products Ltd
- Fischer Future Heat
- Glen Dimplex Group
- Haverland
- MYSON
- Rointe
- Stelrad
- TECHNOTHERM International (Lucht LHZ Elektroheizung GmbH & Co. KG)
- Zehnder Group AG
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