Electric Heaters Market

High Voltage Electric Heaters Market will Procure Nearly US$ 9 Bn by 2029

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A new Fact.MR study opines that electric heaters will continue to gain increased palpability worldwide as an energy-efficient alternative to gas heaters. Government policies that mandate Energy Performance Certificate for new homes, and rising consumer awareness about efficient and clean heating systems to realize sustainability, continue to uphold demand and sales of electric heaters. 

As tropical and sub-tropical regions become increasingly affluent, industrial, and urban, consumer demand for energy to meet thermal comfort is witnessing a significant rise. Growing population density in high temperature areas hints at increased air-conditioning usage, which in turn has been driving peak demand for electricity. This has further led the sales of electric resistive heaters in sub-tropical cities, potentially resulting in additional electricity generation and supply concerns. 

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Industrial Demand for Electric Heaters to Remain Significant

Electric heaters have witnessed permeation in the residential as well as commercial sectors, however recent years have witnessed a relative demand dominance from the latter. Industrial manufacturing processes often require high temperatures for successful operations in electric heater-dependent applications.