Table of Content

1. Executive Summary
2. Industry Introduction, including Taxonomy and Market Definition
3. Market Trends and Success Factors, including Macro-Economic Factors, Market Dynamics, and Recent Industry Developments
4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
5. Pricing Analysis
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
 6.1. By Type
 6.2. By Load Type
 6.3. By Industry Vertical
 6.4. By Supply Voltage
 6.5. By Control Method
 6.6. By Current Rating
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type
 7.1. Single Phase
 7.2. Three Phase
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Load Type
 8.1. Resistive
 8.2. Non-Resistive
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Industry Vertical
 9.1. Industrial Manufacturing
  9.1.1. Metal Processing
  9.1.2. Plastic and Rubber Manufacturing
  9.1.3. Glass Production
 9.2. HVAC and Building Systems
  9.2.1. Electric Heating Systems
  9.2.2. Climate Control Equipment
 9.3. Food and Beverage Processing (Industrial Ovens and Dryers)
 9.4. Chemical Processing (Heating Elements for Reactors and Vessels)
 9.5. Power Generation and Distribution (Power Control in Electrical Systems)
 9.6. Oil & Gas
 9.7. Others (Semiconductor, Automobile, Machine Building Etc.)
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Supply Voltage
 10.1. Low Voltage (up to 600V)
 10.2. Medium Voltage (600V to 35kV)
 10.3. High Voltage (above 35kV)
11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Control Method
 11.1. Phase Angle Control
 11.2. Integral Cycle Switching
12. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Current Rating
 12.1. Low Current (up to 100A)
 12.2. Medium Current (100A to 1000A)
 12.3. High Current (above 1000A)
13. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
 13.1. North America
 13.2. Latin America
 13.3. Western Europe
 13.4. South Asia
 13.5. East Asia
 13.6. Eastern Europe
 13.7. Middle East & Africa
14. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
15. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
16. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
17. South Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
18. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
19. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
20. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
21. Sales Forecast 2024 to 2034 by Type, By Load Type, By Industry Vertical, By Supply Voltage, By Control Method, and by Current Rating for 30 Countries
22. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
23. Company Profile
 23.1. ABB Ltd.
 23.2. Advanced Energy Industries, Inc.
 23.3. Chromalox (Spirax Group plc)
 23.4. Fuji Electric
 23.5. Gefran
 23.6. Honeywell International Inc.
 23.7. Maxwell Technologies
 23.8. Omron Automation Pvt. Ltd.
 23.9. Schneider Electric
 23.10. Spang Power Electronics
 23.11. Other Major Players
24. Assumptions & Acronyms Used
25. Research Methodology



List of Figures

Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Type, 2019-2034

Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Load Type, 2019-2034

Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Industry Vertical, 2019-2034

Figure 04: Global Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Supply Voltage, 2019-2034

Figure 05: Global Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Control Method, 2019-2034

Figure 06: Global Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Current Rating, 2019-2034

Figure 07: Global Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Region, 2019-2034

Figure 08: North America Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Type, 2019-2034

Figure 09: North America Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Load Type, 2019-2034

Figure 10: North America Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Industry Vertical, 2019-2034

Figure 11: North America Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Supply Voltage, 2019-2034

Figure 12: North America Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Control Method, 2019-2034

Figure 13: North America Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Current Rating, 2019-2034

Figure 14: North America Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Country, 2019-2034

Figure 15: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Type, 2019-2034

Figure 16: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Load Type, 2019-2034

Figure 17: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Industry Vertical, 2019-2034

Figure 18: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Supply Voltage, 2019-2034

Figure 19: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Control Method, 2019-2034

Figure 20: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Current Rating, 2019-2034

Figure 21: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Country, 2019-2034

Figure 22: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Type, 2019-2034

Figure 23: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Load Type, 2019-2034

Figure 24: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Industry Vertical, 2019-2034

Figure 25: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Supply Voltage, 2019-2034

Figure 26: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Control Method, 2019-2034

Figure 27: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Current Rating, 2019-2034

Figure 28: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Country, 2019-2034

Figure 29: South Asia Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Type, 2019-2034

Figure 30: South Asia Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Load Type, 2019-2034

Figure 31: South Asia Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Industry Vertical, 2019-2034

Figure 32: South Asia Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Supply Voltage, 2019-2034

Figure 33: South Asia Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Control Method, 2019-2034

Figure 34: South Asia Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Current Rating, 2019-2034

Figure 35: South Asia Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Country, 2019-2034

Figure 36: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Type, 2019-2034

Figure 37: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Load Type, 2019-2034

Figure 38: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Industry Vertical, 2019-2034

Figure 39: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Supply Voltage, 2019-2034

Figure 40: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Control Method, 2019-2034

Figure 41: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Current Rating, 2019-2034

Figure 42: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Country, 2019-2034

Figure 43: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Type, 2019-2034

Figure 44: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Load Type, 2019-2034

Figure 45: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Industry Vertical, 2019-2034

Figure 46: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Supply Voltage, 2019-2034

Figure 47: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Control Method, 2019-2034

Figure 48: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Current Rating, 2019-2034

Figure 49: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Country, 2019-2034

Figure 50: Middle East & Africa Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Type, 2019-2034

Figure 51: Middle East & Africa Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Load Type, 2019-2034

Figure 52: Middle East & Africa Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Industry Vertical, 2019-2034

Figure 53: Middle East & Africa Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Supply Voltage, 2019-2034

Figure 54: Middle East & Africa Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Control Method, 2019-2034

Figure 55: Middle East & Africa Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Current Rating, 2019-2034

Figure 56: Middle East & Africa Market Value Share (%), Growth Rate (Y-o-Y), and Value (US$ Mn) & Volume (Units) Projection by Country, 2019-2034

List of Tables

Table 01: Global Market Value (US$ Mn) & Volume (Units) Forecast by Region, 2019-2034

Table 02: Global Market Value (US$ Mn) & Volume (Units) Forecast by Type, 2019-2034

Table 03: Global Market Value (US$ Mn) & Volume (Units) Forecast by Load Type, 2019-2034

Table 04: Global Market Value (US$ Mn) & Volume (Units) Forecast by Industry Vertical, 2019-2034

Table 05: Global Market Value (US$ Mn) & Volume (Units) Forecast by Supply Voltage, 2019-2034

Table 06: Global Market Value (US$ Mn) & Volume (Units) Forecast by Control Method, 2019-2034

Table 07: Global Market Value (US$ Mn) & Volume (Units) Forecast by Current Rating, 2019-2034

Table 08: North America Market Value (US$ Mn) & Volume (Units) Forecast by Country, 2019-2034

Table 09: North America Market Value (US$ Mn) & Volume (Units) Forecast by Type, 2019-2034

Table 10: North America Market Value (US$ Mn) & Volume (Units) Forecast by Load Type, 2019-2034

Table 11: North America Market Value (US$ Mn) & Volume (Units) Forecast by Industry Vertical, 2019-2034

Table 12: North America Market Value (US$ Mn) & Volume (Units) Forecast by Supply Voltage, 2019-2034

Table 13: North America Market Value (US$ Mn) & Volume (Units) Forecast by Control Method, 2019-2034

Table 14: North America Market Value (US$ Mn) & Volume (Units) Forecast by Current Rating, 2019-2034

Table 15: Latin America Market Value (US$ Mn) & Volume (Units) Forecast by Country, 2019-2034

Table 16: Latin America Market Value (US$ Mn) & Volume (Units) Forecast by Type, 2019-2034

Table 17: Latin America Market Value (US$ Mn) & Volume (Units) Forecast by Load Type, 2019-2034

Table 18: Latin America Market Value (US$ Mn) & Volume (Units) Forecast by Industry Vertical, 2019-2034

Table 19: Latin America Market Value (US$ Mn) & Volume (Units) Forecast by Supply Voltage, 2019-2034

Table 20: Latin America Market Value (US$ Mn) & Volume (Units) Forecast by Control Method, 2019-2034

Table 21: Latin America Market Value (US$ Mn) & Volume (Units) Forecast by Current Rating, 2019-2034

Table 22: Western Europe Market Value (US$ Mn) & Volume (Units) Forecast by Country, 2019-2034

Table 23: Western Europe Market Value (US$ Mn) & Volume (Units) Forecast by Type, 2019-2034

Table 24: Western Europe Market Value (US$ Mn) & Volume (Units) Forecast by Load Type, 2019-2034

Table 25: Western Europe Market Value (US$ Mn) & Volume (Units) Forecast by Industry Vertical, 2019-2034

Table 26: Western Europe Market Value (US$ Mn) & Volume (Units) Forecast by Supply Voltage, 2019-2034

Table 27: Western Europe Market Value (US$ Mn) & Volume (Units) Forecast by Control Method, 2019-2034

Table 28: Western Europe Market Value (US$ Mn) & Volume (Units) Forecast by Current Rating, 2019-2034

Table 29: South Asia Market Value (US$ Mn) & Volume (Units) Forecast by Country, 2019-2034

Table 30: South Asia Market Value (US$ Mn) & Volume (Units) Forecast by Type, 2019-2034

Table 31: South Asia Market Value (US$ Mn) & Volume (Units) Forecast by Load Type, 2019-2034

Table 32: South Asia Market Value (US$ Mn) & Volume (Units) Forecast by Industry Vertical, 2019-2034

Table 33: South Asia Market Value (US$ Mn) & Volume (Units) Forecast by Supply Voltage, 2019-2034

Table 34: South Asia Market Value (US$ Mn) & Volume (Units) Forecast by Control Method, 2019-2034

Table 35: South Asia Market Value (US$ Mn) & Volume (Units) Forecast by Current Rating, 2019-2034

Table 36: East Asia Market Value (US$ Mn) & Volume (Units) Forecast by Country, 2019-2034

Table 37: East Asia Market Value (US$ Mn) & Volume (Units) Forecast by Type, 2019-2034

Table 38: East Asia Market Value (US$ Mn) & Volume (Units) Forecast by Load Type, 2019-2034

Table 39: East Asia Market Value (US$ Mn) & Volume (Units) Forecast by Industry Vertical, 2019-2034

Table 40: East Asia Market Value (US$ Mn) & Volume (Units) Forecast by Supply Voltage, 2019-2034

Table 41: East Asia Market Value (US$ Mn) & Volume (Units) Forecast by Control Method, 2019-2034

Table 42: East Asia Market Value (US$ Mn) & Volume (Units) Forecast by Current Rating, 2019-2034

Table 43: Eastern Europe Market Value (US$ Mn) & Volume (Units) Forecast by Country, 2019-2034

Table 44: Eastern Europe Market Value (US$ Mn) & Volume (Units) Forecast by Type, 2019-2034

Table 45: Eastern Europe Market Value (US$ Mn) & Volume (Units) Forecast by Load Type, 2019-2034

Table 46: Eastern Europe Market Value (US$ Mn) & Volume (Units) Forecast by Industry Vertical, 2019-2034

Table 47: Eastern Europe Market Value (US$ Mn) & Volume (Units) Forecast by Supply Voltage, 2019-2034

Table 48: Eastern Europe Market Value (US$ Mn) & Volume (Units) Forecast by Control Method, 2019-2034

Table 49: Eastern Europe Market Value (US$ Mn) & Volume (Units) Forecast by Current Rating, 2019-2034

Table 50: Middle East & Africa Market Value (US$ Mn) & Volume (Units) Forecast by Country, 2019-2034

Table 51: Middle East & Africa Market Value (US$ Mn) & Volume (Units) Forecast by Type, 2019-2034

Table 52: Middle East & Africa Market Value (US$ Mn) & Volume (Units) Forecast by Load Type, 2019-2034

Table 53: Middle East & Africa Market Value (US$ Mn) & Volume (Units) Forecast by Industry Vertical, 2019-2034

Table 54: Middle East & Africa Market Value (US$ Mn) & Volume (Units) Forecast by Supply Voltage, 2019-2034

Table 55: Middle East & Africa Market Value (US$ Mn) & Volume (Units) Forecast by Control Method, 2019-2034

Table 56: Middle East & Africa Market Value (US$ Mn) & Volume (Units) Forecast by Current Rating, 2019-2034