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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Stove Radiant Heating Elements Market
Request Now !Stove radiant heating elements facilitate the transfer of heat up to your pot or pan through the flat top solid surface. The radiant heat elements involve a more physical process as the heat passes through every element between the burner and the component to be heated. The radiant heating elements are embedded below the cooktop and as the electricity passes through these elements, they send the heat in waves to the cooktop and further to the component to be heated (i.e. typically, utensil and food). The heat transfer takes place without significantly warming the surrounding air. The most common benefits of stove radiant heating elements are quick and uniform heating, non-allergic, no noise, little to no maintenance requirement, optimal energy efficiency, and ease of installation. The radiant heating elements are of two types, namely, ribbon radiant heaters and coil radiant heaters.
Report Metric | Details |
Market Size Available for Years | 2020–2030 |
Base Year Considered | 2020 |
Forecast Period | 2021–2030 |
Forecast Unit | Value (USD) |
Segments Covered | Product Type, Application and Region |
Regions Covered | North America, Europe, Asia-Pacific, LAMEA |
Companies Covered | Ceramaspeed, Eika, GHP Group, Kanthal, King Electric, LG, Marley Engineered Products, Midland Elements, MONDRAGON, and Spectris. |
COVID-19 Impact analysis
The outbreak of COVID-19 pandemic made a dent on the stove radiant heating elements market due to the imposition of lockdowns as well as halts in commercial activities. Due to lockdown, the markets across the globe were shut down, leading to the diminished sales of the radiant stoves, and consequently the demand for stove radiant heating elements decreased significantly. The lack of demand coupled with production halts were the major restraints on the growth of the global stove heating elements market. Another factor that affected the market was the disruption in supply chain caused due to the restrictions on cross-country trade, which led to unavailability of raw material as well as exports of finished goods.
Top Impacting Factors
Smooth, flat cooktops are gaining more popularity in novel households and the users are deciding to install them when their houses undergo renovation. These stoves are either radiant or induction style, which solely express method of heating. Amongst the two varieties, those stove with radiant heating elements are the most prominent. They are easier to clean using a detergent, can accommodate various sizes of utensils, and pans and are usually less expensive.
Widespread electrification around the globe and rise in awareness and purchase power among the general populace, coupled with technological upgrades and affordable prices of the radiant stoves, boost the market growth. Radiant coil heaters are used for heating liquids and gases to high temperatures over a high range of operating pressures, which is superior to other forms of heating elements available in the market. However, it faces quite noteworthy competition from induction stoves; as well as traditional burner stoves in Indian context, due to the expansion of City Gas Distribution (CGD) infrastructure drawing more attention towards Pipeline Natural Gas (PNG) for domestic and commercial use.
Market Trends
The demand of stove radiant heating elements is expected to be driven predominantly by the residential/domestic/household applications, compared to the commercial applications, due to the widespread adoption of flat stovetops in the single and multi-family households. Rise in renovations of the houses/homes and need of heating equipment drive the growth of the market. Geographically, Europe is one of the largest consumers of the heating elements market, but the demand in Asia-Pacific region is also increasing rapidly.
Key Segments Covered
Segment | Sub-segment |
Product Type | • Ribbon Radiant Heaters |
End User | • Household |
Region |
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