Heating element market growing
Manufacturing and processing applications dominated total shipments of electric heating elements in 2005, according to a recent study by Venture Development Corp. These applications accounted for the largest shipments for the most of the 28 product categories studied. OEM and system integrator applications comprised more than 82% of the 2005 North American heating element market, which totaled ...
By Staff
Manufacturing and processing applications dominated total shipments of electric heating elements in 2005, according to a recent study by Venture Development Corp. These applications accounted for the largest shipments for the most of the 28 product categories studied.
OEM and system integrator applications comprised more than 82% of the 2005 North American heating element market, which totaled $1,348.1 million. This is a slight increase in share from 2002, and a slight increase also is forecast for 2007. The remaining 18% of shipments were to end-user markets.
Current shipment shares of electric heating elements to North American markets for OEM/System Integrator consumption by major application class (Percent of Dollar Volume) are:
Manufacturing/Processing: 36.8%
Consumer: 28.4%
Commercial: 15.1%
Analytical/Scientific: 3.8%
Medical: 3.5%
Military/Aerospace: 3.4%
Other: 9.0%
-
- Related News:
Gas Technology: Floor heating finds new friends - 10.08.2011 11:06
Manufacturing/processing applications accounted for the largest share of OEM/system integrator shipments for most of the product categories under study, but not all product types served this market. While most types of electric heating elements can be used in a multiple applications, some, such as glass top range elements, are designed with only a few markets in mind.
The fastest-growing application is forecast to be the analytical/scientific market, which is expected to grow at 7.3% annually from 2004 to 2007. This compares to the expected total OEM/system integrator market growth rate of 4.5% over that time. Shipments to manufacturing and processing applications are forecast to achieve above-average growth of 4.8% through 2007.
Case Study Database
Get more exposure for your case study by uploading it to the Plant Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.
These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.
Click here to visit the Case Study Database and upload your case study.
2012 Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.