Global Direct Electrical Heating Market: 2019-2027

Posted by akash Arjun pingale on February 9th, 2021

Global Direct Electrical Heating Market

The direct electrical heating (DEH) system is used in the oil and natural gas exploration and transportation industry. Direct heating is provided to the pipeline of oil or gas to maintain its temperature. These pipelines are usually submerged in the sea for exploration, production, and transportation of oil and gas. The DEH system uses a single-phase AC current for heating the pipe. The DHE market is segmented by type of cables, application, and region.

The global direct electrical heating market revenue is expected to grow at XX% from 2019 to 2027, reach US$ XX Bn.
The report covers the detailed analysis global direct electrical heating industry with the classifications of the market on the product type, applications, and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players' contribution in it.

The report has profiled major key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in Europe region. The major country’s policies about the oil and gas industry and its impact on DEH service providers are covered in the report.

Market Dynamics:

The growth of the industrial and automobile sector, with the increasing use of oil and gas for industrial and transportation purposes, are driving the market growth in the forecast period. Increasing oil exploration activities and development in technologies in deep-sea oil exploration, fueling the Direct Electrical Heating market. The low temperature of the sea creates formation of hydrate on pipeline, which damages pipeline. The pipeline immersed in sea bed requires heating to maintain pressure & connection and prevent breakage of pipeline.

Global Direct Electrical Heating Market is segmented By Types of Cables and applications.

Riser cable segment is expected to grow at a CAGR of xx% during the forecast period

The riser cables are used to supply current from the platform to the pipeline placed in seabed. These types of cables are attached to pipeline with special clamps and firmly secured to handle deep water conditions. The riser cables are important in offshore oil & gas exploration and production systems. They connect sea-bed to the main production unit, which is at sea level. Nexans is supplying and assembling a record 768 optical fiber riser cable for an ocean bottom seismic sensor system to monitor reservoirs in the North Sea. The riser cables segment is expected to reach US$ XX Mn by 2027. Other types of cables are covered in the report with application, drivers, regional market size, and geographic market condition.

Global Direct Electrical Heating Market

By Application

• Underwater oil & gas pipelines
• Offshore explorations

Global offshore oil and gas exploration sector is growing at a CAGR of 3.75% over the forecast period
Growth in demand for oil and gas is driving the offshore and onshore exploration and production activities. Offshore exploration has a market share of xx% and is expected to reach xx% by 2027. Energy companies are competing to get mineral rights from governments or entering a concession agreement. Development in technology for processes and methods used in locating potential sites for oil and gas drilling and extraction. Driving the offshore exploration segment. However, offshore drilling is expensive than onshore drilling, also fixed rigs are more expensive than mobile rigs. The report covers the oil exploration activities by region and share of onshore and offshore exploration.

Regional Insights

Global Direct Electrical Heating Market1

North America commands the direct electrical heating market and is estimated to reach US$ XX Bn by 2027.

North America is leading the direct electrical heating market, Thanks to oil and gas developments in countries like the US and Canada. The countries in MEA, such as Kuwait, Saudi Arabia, and Qatar have increased their oil production to fulfill the global demand for petroleum. European countries are investing a significant amount in direct electrical heating in the production and exploration of oil & gas. Discoveries of oil and gas reservoirs in India, China, Japan, and Australia are expected to expand the direct electrical heating market in the Asia Pacific over the forecast period.

The objective of the report is to present a comprehensive analysis of the Global Direct Electrical Heating Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Direct Electrical Heating Market dynamics, structure by analyzing the market segments and project the Global Direct Electrical Heating Market size. Clear representation of competitive analysis of key players By Types of Cables, price, financial position, product portfolio, growth strategies, and regional presence in the Global Direct Electrical Heating Market make the report investor’s guide.

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Scope of the Global Direct Electrical Heating Market

Global Direct Electrical Heating Market, By Types of Cables

• Riser cables
• Armored feeder cables
• Piggyback cables
• Integrated Protection System (IPS).
Global Direct Electrical Heating Market, By Application

• Underwater oil & gas pipelines
• Offshore explorations
Global Direct Electrical Heating Market, by Region

• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key players operating in Global Direct Electrical Heating Market

• Statoil
• Siemens Energy
• Nexans
• Saudi Aramco
• SINTEF Energi AS.
• Wärtsilä
• ABB
• Other

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