Market Forecast By Type (Indirect Fired Air Heaters, Direct Fired Air Heaters, Duct Heater, Portable Air Heater, Others), By End-users (Packaging, Drying, Sealing, Others), And Competitive Landscape
Product Code: ETC030732 | Publication Date: Oct 2020 | Updated Date: May 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
In the year 2021, Italy was the largest exporter in terms of value, followed by China. It has registered a decline of -3.52% over the previous year. While China registered a decline of -13.65% as compared to the previous year. In the year 2017, Italy was the largest exporter followed by the USA. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Egypt has a Herfindahl index of 2204 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of 6168 which signifies high concentration in the market.
Egypt Air Heaters Market report thoroughly covers the market by type and by end-users. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Egypt Air Heaters Market is expected to grow significantly in the upcoming timeframe through technological advancements and changing consumer preferences. Also, the market has undergone various development such as the adoption of smart heating solutions that can automatically adjust temperature settings based on passenger needs. Another key trend in the industry is a shift towards more eco-friendly solutions that are less harmful to the environment. Manufacturers are investing in research and development to create heaters that use renewable energy sources such as solar power and minimize carbon emissions. Furthermore, there is an increasing focus on improving aesthetics with sleeker designs that blend seamlessly with aircraft interiors.
Egypt Air Heaters Market has witnessed an upsurge in demand during the forecast period, driven by rising living standards, increased tourism activities, and technological advancement which have greatly improved the efficiency and cost-effectiveness of these devices. Moreover, the use of lighter materials and advanced insulation techniques have also contributed to their increased performance. However, stringent regulatory compliance requirements imposed by aviation authorities on manufacturers and intense competition from other heating solutions providers are expected to hinder the potential market growth.
According to 6Wresearch, the Egypt Air Heaters Market is estimated to register a sound growth rate during 2020-26. The increasing investments in infrastructure, technology upgradation, and increased demand for energy-efficient substitutes are the key factors proliferating the Egypt Air Heaters Market Growth during the projected period. The major factors hindering the market growth are intense competition among local players and volatile raw material costs. Additionally, the lack of skilled professionals and technicians for installation and servicing of heating systems also impedes market development to a certain extent. In order to grow within this market, players need to pay attention to novelty and differentiate their products while tracking modern trends. For instance, various companies are investing heavily in R&D activities to construct environment-friendly inventions that satisfy various ecological regulations.
The COVID-19 pandemic has had a major influence on Egypt Air Heaters Industry owing to the travel restrictions and lockdowns imposed by the government. The requirement of air heaters for aircraft engines has decreased causing plane manufacturers to slow down production of new planes. This drop in plane orders leads to declining demand for air heaters. Additionally, financial difficulties experienced by airlines, due to the economic repercussions of the pandemic, have resulted in fewer orders for updating existing and purchasing new fleets, as well as decreased demand for air heaters.
The Egypt Air Heaters Industry is highly competitive with the presence of a few major players.
By Type, the indirect-fired air heaters segment is expected to dominate the Egypt Air Heaters Market share owing to its high energy efficiency and reduced emissions. The direct-fired air heaters segment is also growing, owing to its ability to heat large areas quickly. The duct heater segment is expected to have steady growth and the portable air heater segment is expected to grow due to the need for mobile and temporary heating solutions in the construction and agriculture industries.
According to Dhaval, Research Manager, 6Wresearch, the drying segment is expected to witness tremendous growth owing to the increasing use of air heaters in industrial drying processes for wood, paper, and textiles. The packaging industry is anticipated to witness the highest growth rate on the back of the growing demand for air heaters in food and beverage packaging processes.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Egypt Air Heaters Market Overview |
3.1 Egypt Air Heaters Market Revenues & Volume, 2016 - 2026F |
3.2 Egypt Air Heaters Market - Industry Life Cycle |
3.3 Egypt Air Heaters Market - Porter's Five Forces |
3.4 Egypt Air Heaters Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.5 Egypt Air Heaters Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 Egypt Air Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Air Heaters Market Trends |
6 Egypt Air Heaters Market Segmentation |
6.1 Egypt Air Heaters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Egypt Air Heaters Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Egypt Air Heaters Market Revenues & Volume, By Indirect Fired Air Heaters, 2016 - 2026F |
6.1.4 Egypt Air Heaters Market Revenues & Volume, By Direct Fired Air Heaters, 2016 - 2026F |
6.1.5 Egypt Air Heaters Market Revenues & Volume, By Duct Heater, 2016 - 2026F |
6.1.6 Egypt Air Heaters Market Revenues & Volume, By Portable Air Heater, 2016 - 2026F |
6.1.7 Egypt Air Heaters Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Egypt Air Heaters Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Egypt Air Heaters Market Revenues & Volume, By Packaging, 2016 - 2026F |
6.2.3 Egypt Air Heaters Market Revenues & Volume, By Drying, 2016 - 2026F |
6.2.4 Egypt Air Heaters Market Revenues & Volume, By Sealing, 2016 - 2026F |
6.2.5 Egypt Air Heaters Market Revenues & Volume, By Others, 2016 - 2026F |
7 Egypt Air Heaters Market Import-Export Trade Statistics |
7.1 Egypt Air Heaters Market Export to Major Countries |
7.2 Egypt Air Heaters Market Imports from Major Countries |
8 Egypt Air Heaters Market Key Performance Indicators |
9 Egypt Air Heaters Market - Opportunity Assessment |
9.1 Egypt Air Heaters Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Egypt Air Heaters Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 Egypt Air Heaters Market - Competitive Landscape |
10.1 Egypt Air Heaters Market Revenue Share, By Companies, 2019 |
10.2 Egypt Air Heaters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |