Hot Surface Igniters Market Size - Forecast To 2031 | Report

Pharmacy benefit management market

We are committed to keeping your personal information safe and secure, Privacy Policy

The global hot surface igniters size was USD 236.9 million in 2022 and is expected to reach USD 446.59 million in 2031, exhibiting a CAGR of 7.3% during the forecast period.

A silicon nitride hot surface igniter is a tool used to start a gas burner, furnace, or boiler. The most popular type of electronic ignition is a hot surface ignitor. When energy is fed through it, it behaves like the filament of a light bulb and heats up. Most of them are constructed of ceramic silicon nitride or silicon carbide. The igniter lights the gas when the gas valve opens. Gas is ignited by sparks (also known as electrical discharge) produced by a spark plug or ignition electrode. The gas is ignited by the extreme heat of the spark, which causes the ionised gas to rapidly expand into an explosion-like state. An ignitor with a heated surface operates quite differently. The gas will automatically ignite when an electric current is delivered through a thermal resistance that produces enough heat (1100–1400°C) on the surface of the igniter.

A heating element uses the Joule heating process to transform electrical energy into heat (same principle that make incandescent light bulb glows). Resistance that the electric current through the element meets causes the element to heat up. PTC ceramic components include silicon nitride ceramic hot surface ignitor: Because of their positive thermal coefficient of resistance, ceramic materials are called PTC (i.e., resistance increases upon heating). This indicates that they have a highly nonlinear thermal response, and that their resistance increases quickly over a composition-dependent threshold temperature. Because current flows when the material is cool and does not when it is too hot as a result of this behaviour, the temperature stabilises at a certain temperature (1100–1400°C).

The global COVID-19 pandemic has been unprecedented and staggering, with hot surface igniters experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

The COVID-19 virus has had a substantial impact on global market dynamics, causing unfavourable lockout situations, temporary factory closures, a lack of full-time workers, disruptions in the supply chain, and product interruption. The situation is anticipated to change, nevertheless, as a result of expanding immunisation campaigns and a decline in COVID-19 infections. Leading industry participants are concentrating on modifying their strategy to deal with the losses caused by the pandemic developing strain on the hot surface igniter market size.

The COVID-19 pandemic outbreak has had a considerable effect on the world economy, and firms from all industries are finding it difficult to deal with the consequences. The pandemic caused a substantial fall in demand, which is not an anomaly in hot surface igniters market share. The epidemic has temporarily reduced demand for hot surface igniters as construction activity throughout the world slows. This will probably result in a decrease in sales for the companies who make these items. Longer term, when the world economy recovers, the pandemic is anticipated to have a more muted effect on the demand for hot surface igniters.

"The Growing Demand for HVAC Systems Is Anticipated to Propel the Growth of The Worldwide Hot Surface Ignitor Market."

The increasing demand for HVAC systems is anticipated to fuel growth in the global market for hot surface ignitor. The device has several uses in both home and commercial as well as industrial settings. Its broad range of uses have greatly aided in its enormous appeal among end users. The main competitors in the worldwide hot surface ignitor market are projected to use the adoption of smart thermostats as a significant competitive advantage. Users of smart thermostats may adjust the temperature in their homes and workplaces using their mobile devices. The market participants have benefited from this in order to outperform their rivals. The top market participants for hot surface ignitor are anticipated to gain from the rising need for HVAC systems in residential and commercial settings. The market's top players for hot surface ignitor are anticipated to benefit significantly from the residential applications. The key market participants for hot surface ignitor market shares are anticipated to gain from the rising need for smart thermostats. Smart thermostat use is anticipated to rise in both residential and business settings.

Depending on hot surface igniters given are types: silicon nitride igniters and silicon carbide igniters. The silicon carbide igniters type will capture the maximum market share through 2028.

The market is divided gas heating systems, ovens, dryers, and others based on application. The global hot surface igniters market players in cover segment like, gas heating systems dryers will dominate the market share during 2022-2028.

"Growing demand for HVAC systems will boost market expansion."

The increased need for HVAC systems in the commercial and industrial sectors is what is driving the global market for hot surface ignitor market growth. The market for hot surface ignitors is anticipated to be driven by the rising need for HVAC systems that are both cost- and energy-effective. The market is expanding as more people become aware of the advantages of adopting HVAC systems, such as increased air quality, energy efficiency, and comfort. The market for hot surface ignitors is foreshadowed to be driven by the strict government rules governing the emission of greenhouse gases. The market for hot surface ignitors is expected to be driven by rising building activity in the residential and commercial sectors.

"A Persistent Rise in the Demand for Household Appliances in Big Cities"

Due to the steadily rising demand for home appliances in big cities, the home appliance business is expanding quickly. Because of how people's lifestyles have changed, these items are now necessities of life. The demand for home appliances like dishwashers, washing machines, and refrigerators has grown due to the steady rise in the number of nuclear families and demanding work schedules. To satisfy consumer demand, the home appliance business is continually inventing and launching new items. The need for hot surface ignitors has risen as a result of the introduction of new household appliances including air conditioners, microwaves, and room heaters. The main drivers that are anticipated to propel the expansion of the hot surface ignitor market size during the projected period are the expanding industrialization and modernization.

"High Cost of Installation and Maintenance to Restrict the Market Growth"

The high initial cost is the biggest barrier to the growth of the hot surface ignitor sector market size. Furthermore, the pricey installation and maintenance of hot surface ignitors is impeding market progress. Hot surface igniters are sophisticated devices that require the installation of knowledgeable professionals due to their intricacy. In consequence, this raises overall Installation costs and limits the usage of hot surface igniters. The high cost of installation and maintenance is the key factor limiting the growth of the hot surface ignitor market growth. Additionally, the installation and maintenance of hot surface ignitors need highly skilled personnel, which is restricting market growth.

"Asia-Pacific will have the largest market share throughout the anticipated year."

During the projected period, the market for hot surface igniters in Asia-Pacific is anticipated to develop at the highest CAGR. Due to the rising population, fast urbanization, and expanding middle class, this may be ascribed to the increased building activity in emerging countries like China and India. Due to the rising per capita income, population growth, and infrastructure development, the construction sector in these nations is anticipated to expand rapidly. In turn, this is anticipated to fuel the market for hot surface igniters in the Asia-Pacific region.

In the upcoming years, it is anticipated that the market for hot surface igniters would expand rapidly. Due to the rising population, fast urbanization, and expanding middle class, this may be ascribed to the increased building activity in emerging countries like China and India. Due to the rising per capita income, population growth, and infrastructure development, the construction sector in these nations is anticipated to expand rapidly. In turn, this is anticipated to fuel the market for hot surface igniters in the next years.

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.

Market Size Value In

US$ 236.9 Million in 2022

Market Size Value By

US$ 446.59 Million by 2031

Growth Rate

CAGR of 7.3% from 2022 to 2031

Forecast Period

2024-2031

Base Year

2023

Historical Data Available

Yes

Regional Scope

Global

Segments Covered

Type and Application

Based on our research, the global hot surface igniters market size is projected to touch USD 446.59 million in 2031.

The Hot Surface Igniters Market is expected to exhibit a CAGR of 7.3 % by 2031.

growing demand for HVAC and rise in the demand for household appliances are the driving factors of the Hot Surface Igniters Market.

Coorstekare, Rauschert GmbH, SCP Limited , Haining Torbo Ceramic Products, Surface Igniter are some of the leading companies in the Hot Surface Igniters Market.