Thick Film Heaters Market : Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030

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Thick Film Heaters Market - Global Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments, sales network, business strategies, research & development activities, production and consumption, supply chain analysis, competitive landscape, and market composition analysis.

 

Thick films heaters have emerged as a compact solution for heating requirement ranging from mW to few kW. With primary applications in semiconductor manufacturing, food processing and packaging, thick film heaters are anticipated to enjoy high adoption in years to come.

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Temperature uniformity, high thermal efficiency and reliability offered by thick film heaters to drive market in coming years

Thick film heaters are constructed of several layers of materials which consists of substrate, base dielectric, resistor, and final dielectric layer. Thick film heaters are high performance low profile solution with improved control over the heating element and thus can be deployed in temperature critical applications. Moreover, thick film heaters offer high energy efficiency along with fast thermal response and high heat transfer coefficient. The food processing and service industry is witnessing adoption of advanced technology to maintain the quality of products for a longer duration, through appropriate packaging. Moreover, rising demand for food items with uniform food texture and taste or repeatability over the course of time is fuelling demand for precise cooking equipment. This is anticipated to fuel adoption of thick film heaters in food processing industry owing to uniform heat transfer and high thermal efficiency offered by these products. Moreover, in industrial applications and medical or analytical equipment, the thick film heaters are anticipated to gain traction during coming years.

Continuous research and development and wide application base for metal thick film heaters to dynamically shape the global market

The thick film heaters market is segmented based on type, application, and geography. Based on type, the global thick film heater market is segmented into metal thick film heater, ceramic thick film heater and glass thick film heater. Ceramic thick film heaters contributed a major share to the market in 2018 and is anticipated to grow at a prominent CAGR of 4.5% during the forecast period. The prime growth contributors are anticipated to be the wide application base catered by ceramic thick film heaters. Glass thick film heaters are anticipated to witness prominent growth in years to come owing to increasing adoption in commercial and residential infrastructures for moisture control applications.

Food processing and medical equipment to be major applications driving market growth

On the basis of application, the market is segmented into food processing, plastic processing, semiconductor manufacturing, medical equipment, and others. Semiconductor processing contributed major share to the market owing to demand from growing semiconductor industry. The deployment of thick film heaters in semiconductor manufacturing equipment is anticipated to further fuel the market growth during the forecast period. Food processing is anticipated to be the fastest growing applications during the forecast period, followed by medical or analytical equipment.

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Expanding semiconductor manufacturing industry in Asia Pacific to bolster market growth

Based on geography, the global thick film heater market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Asia Pacific is anticipated to witness significant growth over the coming years owing to rapidly expanding semiconductor manufacturing industry. Moreover, growth of food processing industry in China, and India is anticipated to further fuel demand for thick film heater market in this geography. Moreover, North America is anticipated to be the major revenue generating geography owing to established semiconductor manufacturing, food processing, and analytical equipment manufacturing industries across the region.

Major players dominating the global market include EGO, Heatron, Watlow, Midas, Ferro Techniek, Sedes Group, and Chromalox.

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