The research report titled, “Asia Heating Pad Industry Situation and Prospects Research
report” is a professional and comprehensive investigation of the
latest condition of the Heating Pad industry. It offers an in depth analysis of
the industry along with integrity of logic and full description of contents. It
also entails a basic outlay of the industry including specific definitions,
classifications, applications and industry chain structure along with a proper
discussion of the development plans and policies, manufacturing processes and
cost structures.
The heating pads
& related thermal material market consists of products which are generally
used in a wide range of electronic applications in various industries for transferring
heat from electronic components to heat sinks. Usually, thermal interface
heating pads & materials are widely used in consumer electronics, telecom
equipment, power supply units, aerospace, and other industries.
The industry is mainly classified
by (a) Product Types, with production, revenue, price, and market share and
growth rate of each type, which is further divided into Microwavable Heating
Pads, Electric Heating Pads and Chemical Heating Pads and (b) by applications, aiming
at consumption, market share and growth rate of Heating Pad in each
application, is divided into Home Use, Medical Use, Commercial Use and Other
Use.
The Heating Pad industry in Asia
market, especially caters to China, Japan, India, Korea, Saudi Arabia wherein
the top producers of the industry are namely- Sunbeam, Carex, Walgreens, PureRelief,
Thermalon, Milliard, Nature Creation, Drive Medical, Kaz, Beady Heat Therapy, BodyMed,
Chattanooga Medical Supply, Sunny Bay, Thrive, Beurer, Conair, Dongguan Yu Xin
Electronic and Dongguan Yongqi. This goodly number of leading players well
indicates that there is a massive competition that prevails in this industry
and thereby the potential of these products is well evaluated and tested in
accordance with the unique factors that a company’s product should possess in
order to compete with others in a healthy manner and also retain its customer
base and brand name all at once. As a result,
the new manufacturer entrants in the market are finding it really difficult to
compete with these international well developed vendors on the grounds of
quality, reliability, and enhancements in technology.
China and Japan have been the
prominent players of the Asian industry and they have always sustained to be
the main contributors. Studies also suggest that both China and Japan are
foreseen to witness amplification in the amount of revenue generation as well
as production of heating pads because in the coming years, demand for such
comfort products is expected to record a significant hike.
If we look at the records from
2016, the world economy registered an expansion by about 2.2 per cent, which
was the slowest rate of growth that was encountered after the Great Recession
of 2009. However, this sluggish scenario is all set to ameliorate in the years
to proceed since the world gross product is forecasted to augment by 2.7 per
cent in 2017 and 2.9 per cent in 2018, leading to an overall recovery of the
economy making it stable enough to enjoy an ongoing global demand. Moreover,
with the futuristic concept of Sustainable Development Goals (SDGs) including
specifically the goals of “removing extreme poverty” and “generating decent
employment opportunities for all”; the heating pad industry on a whole will
benefit since all the industries in the global economy are anticipated to experience
positive shifts towards a holistic development.
The Asian Heating
Pad market has been noticed as growing at a very good speed and with further
rises in technological innovation, competition and merger and acquisition
activities; many local as well as regional vendors are expected to be offering
specific application products for a variety of consumers in order to satiate
their new desires which will be a result of the shift in their preferences with
the passage of time. Hence, the Asian industry is foreseen to register really
huge profits in the coming years and contribute to the world to a major extent.
Consequently, the global thermal interface heating pads & material market
is expected to reach somewhere about USD 1379.02 Million by 2020, at a decent
estimated CAGR of nearly 8.47%.
Key
Topics Covered In the Report:
Asia Heating Pad
Market Research Report
Asia Heating Pad
Market Size Analysis
Asia Infrared
Heating Pad Industry Demand
Asia Heating Pad
Industry Future Outlook
Japan Heating Pad
Market Production Insights
Asia Thermal
Interface Pad Industry Trends
Asia Heating Pad
Market Segmentation Statistics
Asia Heating Pad
Industry Competitive Landscape
Asia Heating Pad
Devices Market Growth Rate
Heating Pad Industry
Asia Sales Volume
India Heating Pad
Market Revenue
China Heating Pad
Market Revenue
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Ken Research
Ankur Gupta, Head
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0124-4230204
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