20th September, 2018 - Heating Plate Market is expected to gain a significant CAGR growth in the upcoming period. A heating plate is a self-induced tabletop appliance having two or more electric heating elements of gas burners. A heating plate can also be used as a stand-alone appliance but more often it is used as an alternative for gas burners used in the kitchen. Heating plate more commonly is known as hot plates and is used in food preparation in cased on small kitchens or outdoor parties. It comes with a flat surface or in more cases, a round surface and can be used for travelling in areas with or without electricity.
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The primary application for heating plates includes manufacture of semiconductors. Driving factors responsible for the growth of heating plates market includes demand from manufacturing and domestic sectors. Based on segmentation by type, the heating plate market includes single hot plate and double hot plate. Based on segmentation by end-user, the heating plate industry includes households and commercial. Geographically, heating plate market spans North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. APAC market is also expected to gain a positive CAGR growth in the forthcoming period owing to rise in use of heating plate for convenience and laboratory purpose.
North American market is also expected to gain a positive traction in the forthcoming period due to growing popularity and preference. MEA regions however are expected to gain a moderate CAGR growth in the forthcoming period. The key players in the heating plate market include Labtech, IKA, Harry Gestikeit, CIF, WIGGENS, Selecta, JRY, GDANA, ZKAB, ShupeiLab and Thermo Fisher Scientific.
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