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Reports Coverage
MCH Heaters Market Key Insights
MCH Heaters Market Analysis by Regions
MCH Heaters Market Analysis by Segments
MCH Heaters Market Size (current and future)
MCH Heaters Market Competitive Benchmarking
a year ago
Global MCH Heaters Market By Type (Plate Type, Rod Type, Tube Type, and Others), By Application (Automotive Components, Household Heating Components, Industrial Heating Components, and Others) Growth, Future Prospects & Competitive Analysis, 2016 – 2030
Key Highlights of the report
How are the major segments performing in the MCH Heaters Market?
- The tube-type segment dominated the global market in 2021, which is anticipated to continue throughout the projected period. Rising demand for tubular MCH heaters from various end-use sectors such as automotive, chemical, industrial, and others is...
2 years ago
Global MCH Heaters Market Research Report 2022
This report aims to provide a comprehensive presentation of the global market for MCH Heaters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding MCH Heaters.
The MCH Heaters market size, estimations, and...
MCH Heaters Market
MCH heaters are among the market's most widely used types of heating equipment. They're efficient, portable, and adaptable, making them ideal for many applications.
During the forecast period, the market for MCH heaters is expected to grow at a CAGR of **%. (2018-2031). The increase can be attributed to the rising demand for energy-efficient and environmentally friendly technologies, fueling the use of MCH heaters in commercial and residential settings.
The MCH Heaters market has been divided into type, application, and geography.
Because of their low fuel consumption and high reliability, gas-fired CHP heaters dominate the MCH heater market. However, diesel-fired CHP heaters are expected to multiply due to their lower fuel consumption and better environmental performance.
Depending on the application:
Industrial applications account for a significant share of the MCH Heaters market owing to their high demand from various industries such as steel production, automobile manufacturing, and oil and gas refineries. Commercial applications are also rapidly expanding due to their increasing adoption by hotels and restaurants worldwide. In addition, residential applications are growing in popularity as people become more aware of the benefits of renewable energy sources.
The MCH Heaters market is divided into four regions:
Europe, Asia Pacific, North America, and Latin America. Because of the high penetration of CHP heaters in this region, Europe is expected to account for a significant market share. Asia Pacific is expected to grow faster than other regions due to the region's increasing use of renewable energy sources. North America is also expected to multiply as demand for electric vehicles grows and renewable energy installations expand across the country. Latin America is expected to grow slowly due to the region's low penetration of CHP heaters.
Some of the key players in the global MCH Heaters Market (Germany) include Emerson (US), Mitsubishi Heavy Industries, Ltd. (Japan), Ryukyu Denko Co., Ltd. (Japan), ABB Group (Switzerland), and Siemens AG.
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