According to a recent market study published by Growth Market Reports, titled, “Global Etched Foil Heaters Market By Conductor Material Type (Copper, Nickel Alloys, Inconel, Stainless Steel, Aluminum, Others), By Dielectric Material Type (Silicone, Polyimide, Mica, Polyester, PEN, Others), By Power Density Range (below 30 W/in² and above 30 W/in²), By End-Use (Medical Devices, Electronics, Automotive, Building & Construction, Avionics, Oil & Gas, Semiconductor, Deicing, Others), By Distribution Channel (Direct Sales Through Manufacturers and Sales Through Distributors) and Region (North America, Asia Pacific, Europe, Latin America, and Middle East & Africa (MEA)): Size, Share, Trends and Opportunity Analysis, 2017-2032”, the market was valued at USD 480.1 Million in 2023 and is projected to expand at a growth rate of 7.4% by 2032.

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As per Growth Market Reports industry analyst, Riddhesh Dani, the global Etched Foil Heaters market is anticipated to register significant growth during the forecast period, 2024-2032. Etched foil heaters are a type of thin, flexible heating element made from a sheet of metal foil with a patterned electrical circuit etched onto its surface. This design allows for precise control of heat distribution and enables the heater to conform to flat or curved surfaces. Rapid growth of automotive sector owing to increasing development of electric vehicles, increasing penetration of heating solutions in semiconductor and electronics sector act as main drivers for the global etched foil heaters market.

Based on conductor material type, the global etched foil heaters market is categorized as copper, nickel alloys, Inconel, stainless steel, aluminum, and others. The copper segment is projected to expand at a considerable CAGR during the forecast period. Excellent thermal conductivity, low electrical resistance, and ductility of copper make it a suitable material for etched foil heaters. Copper is a cost-effective and practical choice owing to its characteristics such as excellent heat transmission, minimal energy loss, and the ability to etch complex heater designs.

Based on dielectric material type, the Etched Foil Heaters market is categorized into silicone, polyimide, mica, polyester, pen, others. The silicone segment is projected to expand at a significant CAGR during the forecast period. Silicone rubber etched foil heaters are suitable for corrosive settings and weather conditions, as they have a maximum exposure temperature of 450°F (232°C) and are extremely resistant to numerous chemicals & moisture.

Based on power density range, the global etched foil heaters market is categorized as below 30 W/in² and above 30 W/in². The below 30 W/in2 segment is expected to grow during the forecast period, due to ongoing technological advancements such as IoT integration and advanced control systems, which are enhancing their performance and appeal across industries. Etched foil heaters incorporate numerous heating zones, and they provide great temperature consistency and precise control. This makes them suitable for applications requiring consistent and localized heat.

Based on end-use, the global etched foil heaters market is categorized as medical devices, electronics, automotive, building & construction, avionics, oil & gas, semiconductor, deicing, and others. The electronic & telecommunication segment is expected to hold a significant market share in 2032, due to the increasing demand from outdoor and indoor electronic equipment. Temperature variations impact the frequency of certain electronic components, such as crystal oscillators. Etched foil heaters are utilized to keep the temperature steady around these components, resulting in consistent performance.

Based on the distribution channel, the etched foil heaters market is segmented into direct sales through manufacturers and sales through distributors. Manufacturers of etched foil heaters engaging in direct sales have high control over their brand, price, and relationship with consumers, which results in increased profit margins and improved consumer experiences. Manufacturers, through direct sales channel offer higher level of customization combined with a detailed expertise in the technical supports which helps the end users to get the most suitable design of the etched foil heater.

On the basis of region, the Etched Foil Heaters market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America region held a significant market share in 2023 owing to robust presence of industries such as semiconductor, electronics and automotive. Europe based heating technologies are dominating the Europe as well as global market.

Primary and secondary research methodology is used for keen observation and study of the Etched Foil Heaters market. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects. Primary interviews were conducted with the stakeholders across industry verticals at regular intervals in line with the ongoing studies and to be updated with the latest market trends & developments. Validation of the estimated market size, and current and future trends are done by the key opinion leaders (KOLs). These KOLs are the CXO level people from key companies in the industry and possess experience of around 10-20 years in the industry. The secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights, and other KPIs. Company websites, their SEC filings, annual reports, broker & financial reports, and investor presentations are scanned to understand the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases were analyzed for macro & microanalysis. Research publications and paid data are referred to obtain and validate the market estimations, budget, expenditure, and other statistical insights.

The outbreak of coronavirus disease in 2019 (COVID-19) restrained the global economy, created global interdependence, and challenged the governments of various nations. The pandemic raised concerns among economies and businesses by shifting focus to the online supply of consumer electronic gadgets and automotive components and creating manufacturing issues.

In January 2020, the WHO labeled the COVID-19 outbreak as a public health emergency of global concern and proclaimed it as a global pandemic in March 2020. This deadly virus has become one of the biggest pandemics in human history. The COVID-19 outbreak is a public health emergency that affected almost every industry. The long-term effects of the pandemic are expected to affect the growth of various industries during the forecast period, especially across Eastern Europe, European Union, the US, and Eastern & Central Asia.

As of April 16, 2024, more than 704,753,890 confirmed cases of COVID-19 were reported, and over 7,010,681 deaths were caused by the disease across the globe. COVID-19 cases have been registered in more than 223 countries and territories. COVID-19 cases have been registered in more than 231 countries and territories. Many countries are economically weak, while others have poor healthcare systems that affect the economy and life of people.

Key Takeaways from the Study:

  • Key players in the market include Nibe Industrier AB, Minco Products, Inc., Kurabe Industrial Co.,Ltd., Durex Industries Thermal Circuits, Inc, Zoppas Industries, Birk Manufacturing, Inc., Sedes Group Srl, Holroyd Components Ltd, Isotherm International, Alper srl, All Flex Solutions, Xiamen Bolion Technology ltd, and Omega Engineering, Inc.

Report Scope:

Report Metric

Details

Market Value in 2023

USD 480.1 Million

Market Growth Rate (from 2023 to 2031)

7.4%

Historical Data

2017 & 2022

Base Year

2023

Forecast Period

2024 – 2032

Units Considered

Value (USD Million)

Market Segments

By Conductor Material Type (Copper, Nickel Alloys, Inconel, Stainless Steel, Aluminum, Others), By Dielectric Material Type (Silicone, Polyimide, Mica, Polyester, PEN, Others), By Power Density Range (below 30 W/in² and above 30 W/in²), By End-Use (Medical Devices, Electronics, Automotive, Building & Construction, Avionics, Oil & Gas, Semiconductor, Deicing, Others), By Distribution Channel (Direct Sales Through Manufacturers and Sales Through Distributors)

Key Companies Profiled

Nibe Industrier AB, Minco Products, Inc., Kurabe Industrial Co.,Ltd., Durex Industries Thermal Circuits, Inc, Zoppas Industries, Birk Manufacturing, Inc., Sedes Group Srl, Holroyd Components Ltd, Isotherm International, Alper srl, All Flex Solutions, Xiamen Bolion Technology ltd, and Omega Engineering, Inc

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

 

Target Audience:

  • Supply-side: Raw material suppliers and Manufacturers

  • Demand Side: Etched Foil Heaters manufacturing companies

  • Regulatory Side: Concerned government authorities and other regulatory bodies