Published Date: 31-Aug-2022
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According to a new report, published by KBV research, The Global Flexible Heater Market size is expected to reach $1.8 billion by 2028, rising at a market growth of 7.1% CAGR during the forecast period.
The Medical market is poised to grow at a CAGR of 7.4% during (2022 - 2028). This is because flexible heaters are commonly used in ultrasonic cleansers, warming blankets, sterilization trays, temperature therapy equipment, blood warmers, dialysis machines, warming blanket cabinets, patient warming pads, and other medical equipment.
The Silicone Rubber-based is leading the Global Flexible Heater Market by Type in 2021, thereby, achieving a market value of $665.6 million by 2028. Flexible silicone rubber heaters are utilized in semiconductor systems such as plasma etch systems, photo-resist track systems, IC test handling equipment, and probing stations, as well as in electronics appliances like coffee makers, refrigerators, and wax makers.
The Asia Pacific market dominated the Global Flexible Heater Market by Region in 2021, athereby, achieving a market value of $693.6 million by 2028. The Europe market would witness CAGR of 6.6% during (2022 - 2028). Additionally, The North America market would exhibit a CAGR of 6.4% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/flexible-heater-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of NIBE Industrier AB, Corp., Honeywell International, Inc., Spirax Sarco Limited (Chromalox), Smiths Group PLC, Spectris PLC (Omega Engineering, Inc.), Watlow Electric Manufacturing Company, All Flex, Inc. Minco Products, Inc., Rogers Corporation (DuPont de Nemours, Inc.) and Birk Manufacturing, Inc.
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