Mexico Air Heaters Market (2020-2026) | Growth, Trends, Industry, Analysis, Share, Size, Segmentation, Revenue, Value, Outlook & COVID-19 IMPACT

Mexico Air Heaters Market | Country-Wise Share and Competition Analysis

In the year 2021, the USA  was the largest exporter in terms of value, followed by China. It has registered a growth of 53.57% over the previous year. While China registered a decline of -4.49% as compared to the previous year. In the year 2017, the USA was the largest exporter followed by Canada. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Mexico has a Herfindahl index of 9003 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of  9793 which signifies high concentration in the market.

Mexico Air Heaters Market - Export Market OpportunitiesTopics Covered in the Mexico Air Heaters Market

Mexico 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.

Latest (2023) Development of the Mexico Air Heaters Market

Mexico Air Heaters Market is expected to register significant growth owing to the increasing trend of energy-efficient air heaters as consumers seek to reduce their energy consumption and carbon footprint. Additionally, smart air heaters with advanced features are becoming increasingly appealing to consumers. Technological advancements have also enabled new materials with superior heat transfer efficiency and reduced emissions. These developments are adding to the attractive properties of air heaters and encouraging a vast number of people to use them.

Mexico Air Heaters Market Synopsis

Mexico Air Heaters Market is a booming industry, providing energy-efficient heating solutions to various sectors. The major types of air heaters included in their offerings are air-to-air heat exchangers, electric heaters, and gas-fired heaters. The growing demand for these systems across several industries such as food & beverage, pharmaceuticals, and construction has been a key factor driving Mexico Air Heaters Market Growth.

According to 6Wresearch, the Mexico Air Heaters Market size is expected to record immense growth during 2020-26. The market is growing owing to the cost-effectiveness and energy efficiency of air heaters. Additionally, rapid urbanization and industrialization are other factors driving demand for heating systems for the manufacturing, automotive, food processing, and construction sectors. However, their high installation and maintenance costs and government regulations regarding emissions standards are expected to hamper the overall growth of the Mexico Air Heaters Industry. Nevertheless, technological development coupled with a better comprehension of customer needs offer viable opportunities for market expansion.

COVID-19 Impact on the Mexico Air Heaters Market

The COVID-19 pandemic has had a significant impact on the Mexico Air Heaters Market Revenue in various ways. For instance, the pandemic has disrupted supply chains worldwide, causing delays in production. The construction sector in Mexico was affected by lockdown measures, resulting in a decline in construction activities. Moreover, the pandemic led to an economic downturn, which impacted various industries, leading to a decrease in investments and purchases of air heaters.

Leading players in the Mexico Air Heaters Market

The Mexico Air Heaters Industry is highly competitive, with several key players dominating the market share and offering a variety of air heating solutions to meet the diverse needs of customers.

• Watlow Electric Manufacturing Company
• Indeeco
• Chromalox
• Tutco-Farnam
• Tempco Electric Heater Corporation.

Market Analysis by Type

According to Parth, Research Manager, 6Wresearch, the portable segment is gaining popularity and is expected to grow at the fastest growth rate owing to the wide adoption rates of air heaters in outdoor applications.

Market Analysis by End-Users

In terms of end-users, the drying segment is leading the Mexico Air Heaters Market share during the forecast period, mainly due to the increasing demand for heating solutions.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Mexico Air Heaters Market Outlook
• Market Size of Mexico Air Heaters Market, 2019
• Forecast of Mexico Air Heaters Market, 2026
• Historical Data and Forecast of Mexico Air Heaters Revenues & Volume for the Period 2016 - 2026
• Mexico Air Heaters Market Trend Evolution
• Mexico Air Heaters Market Drivers and Challenges
• Mexico Air Heaters Price Trends
• Mexico Air Heaters Porter's Five Forces
• Mexico Air Heaters Industry Life Cycle
• Historical Data and Forecast of Mexico Air Heaters Market Revenues & Volume By Type for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Air Heaters Market Revenues & Volume By Indirect Fired Air Heaters for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Air Heaters Market Revenues & Volume By Direct Fired Air Heaters for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Air Heaters Market Revenues & Volume By Duct Heater for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Air Heaters Market Revenues & Volume By Portable Air Heater for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Air Heaters Market Revenues & Volume By Others for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Air Heaters Market Revenues & Volume By End-users for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Air Heaters Market Revenues & Volume By Packaging for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Air Heaters Market Revenues & Volume By Drying for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Air Heaters Market Revenues & Volume By Sealing for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Air Heaters Market Revenues & Volume By Others for the Period 2016 - 2026
• Mexico Air Heaters Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By End-users
• Mexico Air Heaters Top Companies Market Share
• Mexico Air Heaters Competitive Benchmarking By Technical and Operational Parameters
• Mexico Air Heaters Company Profiles
• Mexico Air Heaters Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Type

• Indirect Fired Air Heaters
• Direct Fired Air Heaters
• Duct Heater
• Portable Air Heater
• Others

By End-Users

• Packaging
• Drying
• Sealing
• Others

Mexico Air Heaters Market: FAQs