MARKET RESEARCH

The  global electric heat tracing systems market  was valued at around US$ 2,897 Mn in 2016 and is anticipated to expand at a stable CAGR of more than 4.0% during the forecast period of 2017 to 2025, according to a new report published by Transparency Market Research (TMR) titled “Electric Heat Tracing Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025.” The global electric heat tracing systems market is primarily driven by the low maintenance cost, increase in adoption of electric heat tracing systems over steam tracing systems, and rise in investment in development of oil & gas pipeline infrastructure. The electric heat tracing systems market in North America is estimated to expand at a CAGR of more than 5.0% owing to the constant demand and usage of electric heat tracing systems in various end-use sectors across the region. Low maintenance cost and increase in adoption of electric heat tracing systems over steam tracing...

Electric Heat Tracing Systems Market: Overview This report analyzes and forecasts the  market for electric heat tracing systems  at the global and regional level. The market has been forecast based on revenue (US$ Mn) from 2017 to 2025. The study includes drivers and restraints of the global electric heat tracing systems market. It also covers the impact of these drivers and restraints on demand for electric heat tracing systems during the forecast period. The report also highlights opportunities in the electric heat tracing systems market at the global and regional level. The report comprises a detailed value chain analysis, which provides a comprehensive view of the global electric heat tracing systems market. Porter’s Five Forces model for the electric heat tracing systems market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein applications are benchmarked based on thei...