New York, NY 19 Apr 2021: The global High Voltage Electric Heater Market size is expected to reach USD 7.12 billion by 2027 according to a new study by Polaris Market Research. The report “High Voltage Electric Heater Market Share, Size, Trends, Industry Analysis Report, By Product Type (High Voltage Air Heaters, High Voltage Coolant Heaters, and High Voltage Battery Heaters); By Vehicle Technology (Battery Electric Vehicles, Plug-in Hybrid Electric Vehicles, and Hybrid Electric Vehicles), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles), By Heating Potential (Up to 4 KW, 4-7 KW, and Above 7 KW); By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The high voltage electric heater is directly dependent on the sale of electric vehicles across the globe. To increase the adoption of thermal management in the passenger cars and other electric vehicles is to increase the number of charging stations. One approach is to install private charging points in buildings, condominium, public places, and driveways, which is already started in developed nations.
Charging infrastructure is mostly depending on local issues, such as national policy frameworks, regulations, deployments, fund mobilizations, public and private investments, and human resource to maintain that system in place. Government fiscal policies in the form of tax reliefs, fund allocation, and financial incentives, significantly boost up the adoption of electric vehicles.
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Automotive OEMs are investing in high potential heaters for electric vehicles. Though the size of the High Potential EV market is not yet large, OEMs are using the dynamic conditions, which are mainly driven by the political agenda. For example, in the current market environment of France, players making use of government financial incentives to bolster EV sales.
Therefore, OEMs will have advantage of first mover to increase their market share in the concerned market. High velocity is a key success factor for significant growth of High Voltage Electric Heater, which leads to investment in sales staff training, charging infrastructure and EV after-sales management, which leads the demand for High Voltage Electric Heater.
Market participants such as BorgWarner Inc., Eberspacher Gruppe GmbH, Mahle GmbH, Woory Corporation, DBK David + Baader GmbH, Tutco Inc., LG Electronics Inc., Webasto SE, and Mitsubishi Heavy Industries Ltd. are some of the key players operating in the global market.
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The companies are focusing on innovative thermal management systems to get recognition in the booming market. In line with this, the U.S based BorgWarner Inc., provider of thermal management in electric vehicles, in March 2020, announced to launch coolant heaters in India. This has two versions single plate and dual plate. Single plate is responsible for thermal management in both battery and cabin, while dual plate performs both tasks simultaneously, along-with more surface heat transfer. Both battery and cabin heaters offer power in the range of 3 to 9 KW for the input voltages of between 250 and 500 V with alternative 800 V for fast charging.
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The global High Voltage Electric Heaters Market study presents an all in all compilation of the historical, current and future outlook of the Market as well as the factors responsible for such a growth.
With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each High Voltage Electric Heaters Market player in a comprehensive way.
Further, the High Voltage Electric Heaters Market report emphasizes the adoption pattern of the High Voltage Electric Heaters across various industries.A latest report published by Fact.MR takes into account the High Voltage Electric Heaters market from a global as well as local viewpoint.
Mounting demand for electric vehicles and increasing concerns regarding the environment with respect to the emission of gases will facilitate the growth of the global high voltage electric heater market, which is set to expand eight times its current size over the next ten years.In this High Voltage Electric Heaters market study, the following years are considered to project the market footprint:History Year: 2015 - 2019Base Year: 2015Estimated Year: 2015Forecast Year: 2020 – 2030After reading the High Voltage Electric Heaters market report, readers can:Understand the drivers, restraints, opportunities and trends affecting the growth of the global High Voltage Electric Heaters market.Analyze key regions holding significant share of the total High Voltage Electric Heaters market revenue.Study the growth outlook of the global High Voltage Electric Heaters market scenario, including production, consumption, history and forecast.Learn consumption pattern and impact of each end use on the High Voltage Electric Heaters market growth.Investigate the recent R projects performed by each High Voltage Electric Heaters market player.Request for Sample Report with Statistical Info @ https://www.factmr.com/connectus/sample?flag=S_id=1027 The High Voltage Electric Heaters market report covers the following regions:North America (U.S., Canada)Latin America (Brazil, Mexico, Argentina, Rest of Latin America)Europe (Germany, Italy, France, U.K., Spain, Benelux, Russia, Rest of Europe)JapanAPEJ (China, India, Indonesia, Thailand, Singapore, Australia & New Zealand, Rest of Asia Pacific)MEA (GCC Countries, Turkey, Northern Africa, South Africa, Rest of Middle East & Africa)Global High Voltage Electric Heaters Market Segmentation Analysis:On the basis of product type, Air HeaterCoolant HeaterOn the basis of Vehicle Technology, BEVPHEVHEVBy Vehicle Type,Passenger CarsLCVHCVBy Maximum Heating Performance, Up to 4 kw4-7 kwAbove 7 kwProminent High Voltage Electric Heaters market players covered in the report contain:BorgWarner Inc.Eberspächer Gruppe GmbH & Co. KGWebasto SEMahle GmbHWorry CorporationDBK David + Baader GmbHLG Electronics Inc.Mitsubishi Heavy Industries Ltd.The behavior pattern of each player – new product launches, partnerships, and acquisitions – has been analyzed in the High Voltage Electric Heaters market report comprehensively.
In addition, the research encompasses the strengths, weaknesses, opportunities and threats of each High Voltage Electric Heaters market vendor in an in-depth manner.The High Voltage Electric Heaters market report answers important questions which include:What does the status of the High Voltage Electric Heaters market look like after the forecast period?Which region has the highest contribution to the global High Voltage Electric Heaters market and why?Which players remain at the top of the global High Voltage Electric Heaters market?What opportunities are available for the High Voltage Electric Heaters market players to expand their production footprint?Which segment has the maximum impact on the global High Voltage Electric Heaters market?Need more Information about Report Methodology @ https://www.factmr.com/connectus/sample?flag=RM_id=1027 Why Opt For Fact.MR?
Various analysis methods to deliver precise market information.Digital technologies to facilitate clients with updated market solutions.Multi-disciplinary approach to provide accurate insights of different industries.Data collection from extensive primary and secondary research.Round-the-clock availability to serve clients across the world.Media Release- https://www.factmr.com/media-release/1642/global-high-voltage-electric-heater-market
This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.
A summary of the report is available upon request.Booming Electric Vehicle Market Driving Demand for High Voltage Electric HeatersThe sales of electric cars across the globe is growing.
Hence, manufacturers in the high voltage electric heaters market are constantly developing new products to increase efficiency of modern vehicles.Stringent regulations are also being introduced in various countries on Carbon dioxide (CO2) emission.
Manufacturers in the high voltage electric heaters market are focusing on developing lightweight high voltage electric heaters limiting the waste heat and providing noiseless and rapid warming in the vehicle cabin.High Voltage PTC Heaters Gaining Traction in Electric VehiclesThe automobile industry is rapidly replacing internal combustion engine vehicles with eco-friendly electric vehicles.
To boost electric vehicle use and reduce battery power consumption, manufacturers in high voltage electric heaters market are developing highly efficient heating system for electric vehicles.High voltage Positive Temperature Coefficient (PTC) heaters with high heating capacity are widely used as a main heating equipment in electric vehicles.
Hence, proper ventilation system is must while installing high voltage electric heater in the car.The high voltage electric heaters requires more cable work between heater and controller, thus making the installation work more time-consuming and difficult.High voltage electric heaters also have high possibility of overheating that can result in more power consumption and damage the system especially in high voltage environment of electric and hybrid vehicles.Stringent Regulations on CO2 Emission Resulting in Shift to Electric CarsA typical passenger vehicle emits around 4.6 metric tons of carbon dioxide every year, according to the Environmental Protection Agency (EPA).
