Motor Space Heater Market Size, Trends and Insights By Type (Convective Space Heaters, Radiative Heaters), By Material (Ceramic, Metal), By Application (Discrete Industry, Process industry), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- ABB
- Jenkins
- OMEGA Engineering
- Siemens
- SINOMAS
- BARTEC
- Electro-Flex
- Others
Reports Description
Global Motor Space Heater Market was valued at USD 1.70 Billion in 2024 and is expected to reach USD 34.69 Billion by 2033, at a CAGR of 11.34% during the forecast period 2024 – 2033.
Motor space heaters assist in the prevention of condensation in electric motors by maintaining an ambient temperature of 50 degrees Fahrenheit. The proper functioning of the motor depends on its surrounding temperature and when the temperature changes might result in condensation. This condensation can cause damage to the insulation material and machined surface of the motor.
Motor Space Heater Market: Growth Factors
Growing demand for energy-efficient heating solutions across various industrial sectors.
The rising demand for energy-saving heating solutions in a variety of industrial sectors is driving the robust growth of the Motor Space Heater Market at the moment.
Businesses overall are strengthening endeavours to limit their carbon impression and streamline energy utilization, with Motor Space Heaters arising as indispensable parts of these procedures. These heaters are increasingly preferred in the manufacturing, automotive, and construction industries due to their reputation for effectiveness and dependability.
Motor space heaters in manufacturing help machinery run at its best, increasing productivity and extending its lifespan. Also, in car settings, they work with exact temperature control during assembling and upkeep undertakings. Maintaining favourable working conditions throughout the colder months boosts operational efficiency for the construction industry.
Motor space heaters contribute significantly to reducing carbon emissions, aligning with green initiatives aimed at decreasing reliance on conventional, less efficient heating methods, as global industries adhere to stringent environmental regulations and sustainability goals.
Motor space heaters that are more user-friendly, long-lasting, and efficient have been developed as a result of market growth driven by technological advancements. Developments in control frameworks, materials, and configuration have improved their viability and far and wide reception.
Additionally, motor space heaters provide businesses with a cost-effective solution to their heating needs by increasing their energy efficiency. As a result, these heaters are a compelling investment choice due to the long-term financial benefits of lower energy costs.
Environmental considerations, technological advancements, and the financial advantages of implementing energy-efficient heating solutions in a variety of industrial applications all contribute to the overall upward trajectory of the Motor Space Heater Market.
Motor Space Heater Market: Restraints
The high costs of installation and upkeep pose a major obstacle to the Motor Space Heater Market and discourage widespread adoption. These Heaters require proficient establishment, adding to starting costs.
In addition, regular upkeep is necessary to ensure optimal performance, which ultimately results in an increase in the total cost of ownership over time. Besides, the market is prevented by the accessibility of elective warming arrangements. Gas heaters, electric heaters, and heat pumps are among the options available to customers.
Heat pumps are typically more cost-effective and energy efficient than motor space heaters. Motor space heaters’ market penetration will be limited as a result of the competitive landscape created by this diversity of alternatives, which allows customers to choose solutions they believe to be more cost-effective and effective.
Innovations that reduce installation complexity and maintenance requirements are required to address these issues, thereby lowering overall costs. In addition, motor space heaters’ unique advantages, such as their dependability and suitability for industrial settings, can make them more competitive in the heating solutions market.
In general, while these difficulties exist, key drives zeroing in on cost effectiveness, advancement, and separation can situate engine space radiators all the more conspicuously in the serious scene of the warming arrangements industry.
Motor Space Heater Market: Opportunities
The Motor Space Heater Market is increasing at a rapid rate thanks to several important factors, most notably the growing trend toward automation in industrial sectors. As businesses progressively computerize their cycles, the need to keep up with ideal temperatures inside apparatus and hardware becomes vital.
Motor space heaters are crucial in ensuring that these temperatures are maintained effectively, enabling operations to continue uninterruptedly and extending the useful life of vital equipment. The Motor Space Heater Market is also being driven forward by technological advancements.
Motor space heaters that are more sophisticated and effective are the result of these advancements. Modern heaters have improved designs and incorporate advanced control systems, all of which improve their performance and dependability. Such mechanical advancements not only meet the severe prerequisites of present-day modern cycles but also open up new roads for motor space heater market growth.
Motor Space Heater Market: Segmentation Analysis
Global Motor Space Heater Market is segmented by type, material, application and region. Based on Type the Motor Space Heater Market is segmented into Convective Space Heaters and Radiative Heaters. Convective Space Heaters holds maximum shares in the year 2023.
Convective space Heaters are intended to warm whole rooms, making them ideal for private, business, and modern applications. Their energy effectiveness assumes a critical part in driving interest, lined up with the rising spotlight on energy protection and cost decrease.
This market is increasing at a faster rate than ever before due to the rising global construction industry and the rising demand for cutting-edge heating systems. Moreover, the combination of IoT in warming frameworks and the ascent of shrewd homes add to the growing business sector’s amazing open doors.
On the other hand, it is expected that the number of radiative heaters, which provide instantaneous heating by directly warming people and objects in a room, will rise significantly. Because of this, smaller spaces and spot heating prefer them.
It is expected that the market adoption of radiative heaters will rise in the coming years as a result of ongoing technological advancements and innovations, including infrared variants that offer improved energy efficiency and faster heating.
Based on Material market is segmented into Ceramic and Metal. The metal segment is expected to enrol a strong development rate during the forecast period, because of their solidness and high intensity conductivity.
These heaters are fit for giving speedy and effective heating, making them a favoured decision for different applications. Metal heater demand is expected to rise further as a result of ongoing technological advancements and product innovations. In the coming years, the segment’s market growth is likely to be boosted by the development of advanced metal heaters that offer improved heat distribution and longer lifespans.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 1.70 Billion |
| Projected Market Size in 2033 | USD 34.69 Billion |
| Market Size in 2023 | USD 1.63 Billion |
| CAGR Growth Rate | 11.34% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Type, Material, Application and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Motor Space Heater Market: Regional Analysis
By region, the global motor space heater market is segmented into North America, Asia Pacific, Europe, the Middle East, Africa and Latin America. Among all of these, Asia Pacific held the highest market share in 2023 and is expected to keep its dominance during the forecast period.
Due to the rapid industrialization and urbanization of countries like India and China, which has resulted in an increased demand for motor space heaters, Asia-Pacific held a significant share of the market in 2023.
The development of different end-use ventures, for example, car, assembling, and development in China has additionally contributed essentially to the interest in engine space radiators. Additionally, the government’s efforts to promote appliances that save energy have contributed to the region’s expanding market growth.
Europe held the second largest market share in 2023 and is expected to keep its position during the forecast period. Countries such as Germany, France, Russia, the U.K., Spain and the Netherlands are driving the market growth during the forecast period.
Motor Space Heater Market: Recent Developments
- March 2024: ABB introduced a new line of motor space heaters that use less energy and work more efficiently by using less energy. These radiators include progressed control capacities for better temperature guidelines.
- In February 2024: Siemens introduced motor space heaters with Internet of Things capabilities, allowing for remote control and monitoring. Real-time performance and energy consumption data are provided by these intelligent heaters.
- November 2023: New Product Lines: OMEGA Engineering expanded its product portfolio with a new series of high-performance motor space heaters that offer improved durability and energy efficiency.
- May 2023: Energy Savings Programs: BriskHeat promoted its energy-saving programs by offering motor space heaters that significantly reduce energy consumption without compromising heating performance.
List of the prominent players in the Motor Space Heater Market:
- ABB
- Jenkins
- OMEGA Engineering
- Siemens
- SINOMAS
- BARTEC
- Electro-Flex
- Ghanacon Products
- Gulf Electroquip
- Hilkar
- L&S Electric
- Nidec Motors
- SIMEL
- Emerson Electric Co.
- Honeywell International Inc.
- TE Connectivity Ltd.
- Watlow Electric Manufacturing Company
- Pentair Thermal Management
- Delta-Therm Corporation
- Indeeco (A Unit of GE)
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Motor Space Heater Market is segmented as follows:
By Type
- Convective Space Heaters
- Radiative Heaters
By Material
- Ceramic
- Metal
By Application
- Discrete Industry
- Process industry
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Motor Space Heater Market, (2024 – 2033) (USD Billion)
- 2.2 Global Motor Space Heater Market: snapshot
- Chapter 3. Global Motor Space Heater Market – Industry Analysis
- 3.1 Motor Space Heater Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growing demand for energy-efficient heating solutions across various industrial sectors.
- 3.2.2 Motor Space Heater Market: Restraints
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Material
- 3.7.3 Market Attractiveness Analysis By Application
- Chapter 4. Global Motor Space Heater Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Motor Space Heater Market: company market share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Motor Space Heater Market – Type Analysis
- 5.1 Global Motor Space Heater Market Overview: By Type
- 5.1.1 Global Motor Space Heater Market Share, By Type, 2023 and 2033
- 5.2 Convective Space Heaters
- 5.2.1 Global Motor Space Heater Market by Convective Space Heaters, 2024 – 2033 (USD Billion)
- 5.3 Radiative Heaters
- 5.3.1 Global Motor Space Heater Market by Radiative Heaters, 2024 – 2033 (USD Billion)
- 5.1 Global Motor Space Heater Market Overview: By Type
- Chapter 6. Global Motor Space Heater Market – Material Analysis
- 6.1 Global Motor Space Heater Market Overview: By Material
- 6.1.1 Global Motor Space Heater Market Share, By Material, 2023 and 2033
- 6.2 Ceramic
- 6.2.1 Global Motor Space Heater Market by Ceramic, 2024 – 2033 (USD Billion)
- 6.3 Metal
- 6.3.1 Global Motor Space Heater Market by Metal, 2024 – 2033 (USD Billion)
- 6.1 Global Motor Space Heater Market Overview: By Material
- Chapter 7. Global Motor Space Heater Market – Application Analysis
- 7.1 Global Motor Space Heater Market Overview: By Application
- 7.1.1 Global Motor Space Heater Market Share, By Application, 2023 and 2033
- 7.2 Discrete Industry
- 7.2.1 Global Motor Space Heater Market by Discrete Industry, 2024 – 2033 (USD Billion)
- 7.3 Process Industry
- 7.3.1 Global Motor Space Heater Market by Process Industry, 2024 – 2033 (USD Billion)
- 7.1 Global Motor Space Heater Market Overview: By Application
- Chapter 8. Motor Space Heater Market – Regional Analysis
- 8.1 Global Motor Space Heater Market Regional Overview
- 8.2 Global Motor Space Heater Market Share, by Region, 2023 & 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Motor Space Heater Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Motor Space Heater Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Motor Space Heater Market, 2024 – 2033 (USD Billion)
- 8.4 North America Motor Space Heater Market, by Type, 2024 – 2033
- 8.4.1 North America Motor Space Heater Market, by Type, 2024 – 2033 (USD Billion)
- 8.5 North America Motor Space Heater Market, by Material, 2024 – 2033
- 8.5.1 North America Motor Space Heater Market, by Material, 2024 – 2033 (USD Billion)
- 8.6 North America Motor Space Heater Market, by Application, 2024 – 2033
- 8.6.1 North America Motor Space Heater Market, by Application, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Motor Space Heater Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Motor Space Heater Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Motor Space Heater Market, 2024 – 2033 (USD Billion)
- 8.8 Europe Motor Space Heater Market, by Type, 2024 – 2033
- 8.8.1 Europe Motor Space Heater Market, by Type, 2024 – 2033 (USD Billion)
- 8.9 Europe Motor Space Heater Market, by Material, 2024 – 2033
- 8.9.1 Europe Motor Space Heater Market, by Material, 2024 – 2033 (USD Billion)
- 8.10 Europe Motor Space Heater Market, by Application, 2024 – 2033
- 8.10.1 Europe Motor Space Heater Market, by Application, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Motor Space Heater Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Motor Space Heater Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Motor Space Heater Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Motor Space Heater Market, by Type, 2024 – 2033
- 8.12.1 Asia Pacific Motor Space Heater Market, by Type, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Motor Space Heater Market, by Material, 2024 – 2033
- 8.13.1 Asia Pacific Motor Space Heater Market, by Material, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Motor Space Heater Market, by Application, 2024 – 2033
- 8.14.1 Asia Pacific Motor Space Heater Market, by Application, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Motor Space Heater Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Motor Space Heater Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Motor Space Heater Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America Motor Space Heater Market, by Type, 2024 – 2033
- 8.16.1 Latin America Motor Space Heater Market, by Type, 2024 – 2033 (USD Billion)
- 8.17 Latin America Motor Space Heater Market, by Material, 2024 – 2033
- 8.17.1 Latin America Motor Space Heater Market, by Material, 2024 – 2033 (USD Billion)
- 8.18 Latin America Motor Space Heater Market, by Application, 2024 – 2033
- 8.18.1 Latin America Motor Space Heater Market, by Application, 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Motor Space Heater Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Motor Space Heater Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Motor Space Heater Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Motor Space Heater Market, by Type, 2024 – 2033
- 8.20.1 The Middle-East and Africa Motor Space Heater Market, by Type, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Motor Space Heater Market, by Material, 2024 – 2033
- 8.21.1 The Middle-East and Africa Motor Space Heater Market, by Material, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Motor Space Heater Market, by Application, 2024 – 2033
- 8.22.1 The Middle-East and Africa Motor Space Heater Market, by Application, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 ABB
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Jenkins
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 OMEGA Engineering
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Siemens
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 SINOMAS
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 BARTEC
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Electro-Flex
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Ghanacon Products
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Gulf Electroquip
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Hilkar
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 L&S Electric
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Nidec Motors
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 SIMEL
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Emerson Electric Co.
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Honeywell International Inc.
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 TE Connectivity Ltd.
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 Watlow Electric Manufacturing Company
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 Pentair Thermal Management
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.19 Delta-Therm Corporation
- 9.19.1 Overview
- 9.19.2 Financials
- 9.19.3 Product Portfolio
- 9.19.4 Business Strategy
- 9.19.5 Recent Developments
- 9.20 Indeeco (A Unit of GE)
- 9.20.1 Overview
- 9.20.2 Financials
- 9.20.3 Product Portfolio
- 9.20.4 Business Strategy
- 9.20.5 Recent Developments
- 9.21 Others.
- 9.21.1 Overview
- 9.21.2 Financials
- 9.21.3 Product Portfolio
- 9.21.4 Business Strategy
- 9.21.5 Recent Developments
- 9.1 ABB
List Of Figures
Figures No 1 to 22
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
|
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- ABB
- Jenkins
- OMEGA Engineering
- Siemens
- SINOMAS
- BARTEC
- Electro-Flex
- Ghanacon Products
- Gulf Electroquip
- Hilkar
- L&S Electric
- Nidec Motors
- SIMEL
- Emerson Electric Co.
- Honeywell International Inc.
- TE Connectivity Ltd.
- Watlow Electric Manufacturing Company
- Pentair Thermal Management
- Delta-Therm Corporation
- Indeeco (A Unit of GE)
- Others
FAQs
Growing industrialization, particularly in developing countries, drives the market.
The “Discrete Industry” had the largest share in the global market for Motor Space Heater.
The “Convective Space Heaters” category dominated the market in 2023.
The key players in the market are ABB, Jenkins, OMEGA Engineering, Siemens, SINOMAS, BARTEC, Electro-Flex, Ghanacon Products, Gulf Electroquip, Hilkar, L&S Electric, Nidec Motors, SIMEL, Emerson Electric Co., Honeywell International Inc., TE Connectivity Ltd., Watlow Electric Manufacturing Company, Pentair Thermal Management, Delta-Therm Corporation, Indeeco (A Unit of GE), Others.
“Asia-Pacific” had the largest share in the Motor Space Heater Market.
The global market is projected to grow at a CAGR of 11.34% during the forecast period, 2024-2033
The Motor Space Heater Market size was valued at USD 1.70 Billion in 2024.