PTC Heaters Market Size, Share Analysis, Key Companies, and Forecast To 2026 | Reports And Data
Research Reports
Jul 09, 2021
The PTC Heaters Market is expected to grow from USD 3.41 Billion in 2018 to USD 7.27 Billion by 2026, at a CAGR of 7.9%. PTC heaters with high voltage are specially designed for electric and hybrid vehicles as there is no engine exhaust heat available during winter in electric vehicles.
PTC heaters also have a high heating capacity and are quick to operate. Therefore, the PTC Heater market is expected to boost during the forecast period.
Increasing demand for electric vehicles (EVs) is the most important factor that will drive the future demand for the PTC heaters market.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1349
Further key findings from the report suggest
- The PTC Heaters Market is expected to grow from USD 3.41 Billion in 2018 to USD 7.27 Billion by 2026, at a CAGR of 7.9%. PTC heaters with high voltage are specially designed for electric and hybrid vehicles as there is no engine exhaust heat available during winter in electric vehicles.
- PTC heaters also have a high heating capacity and are quick to operate. Therefore, the PTC Heater market is expected to boost during the forecast period.
- On the basis of Application, the PTC Air Heater is expected to grow at the highest CAGR of 8.3%, with revenue of USD 2.69 Billion during the forecast period. Demand for PTC Air Heater will mostly be driven by the automotive segment due to rising adoption of PTC Air heater and the rising initiatives towards safety and compliance.
- Honeycomb PTC Heater market is expected to grow at a CAGR of 6.5% with revenue of USD 3.76 Billion during the forecast period. Demand for honeycomb PTC heaters is mainly driven by the increase in levels of safety and lower operating costs and downtime.
- APAC is expected to primarily dominate the market during the forecast period as the region’s growing sales of electric vehicles can be attributed to increased adaptation of green vehicles in developing countries such as China.
- Due to strict standards and higher adaptation of new and green technologies, North America and Western Europe are expected to have high growth potential.
- The significant players in the market are European Thermodynamics Limited (UK), MAHLE Group (Germany), Backer Heating Technologies (US), Pelonis Technologies, Inc. (US), GSI Technologies (US), Backer Hotwatt (US), Watlow (US), DBK David + Baader GmbH (Germany), and Genesis Automation (US) among others.
Type (Revenue, USD Million; 2016–2026)
- Honeycomb PTC Heater
- PTC Air Heater
- Others
Application (Revenue, USD Million; 2016–2026)
- Automotive
- Appliance
- Others
Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1349
Based on the regional analysis, the market is divided into key geographical regions:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
The regional analysis covers a country wise analysis of each major region and offers critical insights into revenue growth, market share, market growth, current and emerging trends, production and consumption ratio, demand and trends, presence of key players in each region, and other key factors influencing the regional growth.
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
3.1. Macro Indicators
3.1.1. Global usage of PTC Heaters
3.1.2. Global PTC Heaters consumption by Application Type
Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/1349
Thank you for reading our report. For further inquiry, please get in touch with us. Our team will ensure the report is customized to meet your requirements.
About Reports and Data:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
polyphenylene market
PTC Heaters Market
Biological Safety Testing Market
Orthopedic Power Tools Market
Chemical Polishing Slurry Market
Tags:
, Reportedtimes, PR-Wirein, IPS, Menafn, iCN Internal Distribution, Extended Distribution, Research Newswire, English