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High Voltage Electric Air Heaters Adoption Growing Among Passenger Car OEMs - States Fact.MR

ROCKVILLE, MARYLAND, UNITED STATES, January 17, 2022 /EINPresswire.com/ -- Latest industry analysis by Fact MR, predicts sales of High Voltage Electric Air Heaters to swell at propelled CAGR through 2031, as automotive sales gradually recover across the world. The report is intended at presenting insights into hidden growth opportunities and challenges. It also offers recommendations to help businesses to prep for unforeseen challenges.

The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.

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The High Voltage Electric Air Heaters market is likely to witness a robust growth in the coming years, with the market expected to surpass US$ 600 million by the end of 2018, as per the latest report by Fact.MR. The significant growth in the High Voltage Electric Air Heaters market is influenced by the increasing demand for electric vehicles worldwide. Regulations on CO2 emission is also resulting in the shift from conventional vehicle to electric and hybrid vehicles.

With the growing demand for electric vehicles across countries, High Voltage Electric Air Heaters and high voltage air heaters are being used on a large scale in these vehicles as efficient air heating solution. The electric vehicle manufacturers are looking for more efficient high voltage air heaters to improve the performance of the electric vehicles.

The report offers actionable and valuable market insights of High Voltage Electric Air Heaters. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of High Voltage Electric Air Heaters Market across various industries and regions.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of High Voltage Electric Air Heaters market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of High Voltage Electric Air Heaters

This newly published and insightful report sheds light on Market Insights of High Voltage Electric Air Heaters, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of High Voltage Electric Air Heaters Market.

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High Voltage Electric Heater Market: Segmentation

Fact.MR has studied the high voltage electric heater market with detailed segmentation on the basis of type, vehicle technology, vehicle, maximum heating capacity, and region.

Type

Air Heaters
Coolant Heaters

Vehicle Technology

BEV
PHEV
HEV

Vehicle

Passenger Cars
LCVs
HCVs

Maximum Heating Capacity

Up to 4 kW
4-7 kW
Above 7 kW

Region

China
France
Germany
Japan
South Korea
UK
US
Rest of the World

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High Voltage Electric Heater Manufacturers: Key Players Focusing on Product Portfolio Management and Capacity Expansion
Key players in the high voltage electric heater market are increasing their production capacities in order to meet mounting demand from OEMs and commercial customers. With capacity expansion, companies are looking forward for collaborations with global suppliers to ensure their global presence. Adoption of the push strategy has helped key players increase the flow of their products in the market and reach targeted customer segments.

Furthermore, customized products with respect to industry order-specific and application-specific have also helped key players develop products according to client requirements, and also commercialize them in the market. For instance, in January 2019, BorgWarner Inc. expanded its new production unit in Kakkalur, India, to meet the growing demand for engine timing systems in the Southeast Asian market. This expanded facility allows class-leading development, modeling, research, and manufacturing.

Passenger Cars to Account for the Largest Share in High Voltage Electric Air Heaters Market
The development of efficient and economic electric commercial vehicles is driving the demand for High Voltage Electric Air Heaters in passenger cars. Passenger cars are projected to witness robust growth, bringing in more than US$600 million by 2018 end, as per the report by Fact.MR.

Hybrid and electric vehicles sales are on a rise in both developed and developing regions, owing to the new regulations on CO2 emission. Moreover, rising oil prices are also driving the demand for electric vehicles worldwide. The low cost of electric cars as compared to petrol and diesel cars is the key factor driving rapid adoption in countries like Japan, the US, and UK. Meanwhile, the electric vehicles as the passenger cars are likely to become cheap without subsidies in the near future.

Report Benefits & Key Questions Answered

High Voltage Electric Air Heaters Company & brand share analysis: The report offers in-depth High Voltage Electric Air Heaters brand share analysis to estimate percentage of the market covered by Tier 1, Tier 2, and Tier 3 companies

High Voltage Electric Air Heaters Historical volume analysis: The report offers a comparative analysis between historic sales of High Voltage Electric Air Heaters and projected sales performance for 2021-2031

High Voltage Electric Air Heaters Category & segment level analysis: Fact MR presents a comprehensive analysis of factors enabling sales growth across key segments. It underscores chief growth drivers and offers valuable information to identify sales prospects a local and regional levels

High Voltage Electric Air Heaters Consumption by demographics: To offer informed recommendation, the report studies behavior and consumption pattern of consumers. The demographics analysis is intended at helping business better understand consumer preference and design their product and market strategies around it

Post COVID consumer spending on High Voltage Electric Air Heaters: The Fact MR market survey carefully studies consumer spending behavior post COVID-19. It gauges how prevailing trends have influenced their behavior, subsequently impacting their spending power

More Valuable Insights on High Voltage Electric Air Heaters Market

Fact.MR, in its new report, offers an unbiased Market Analysis of High Voltage Electric Air Heaters, Sales and Demand of High Voltage Electric Air Heaters, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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