Automotive Auxiliary Heater Market Growth Rate By Top Key Players - Eberspaecher Mikuni Climate Control Systems (Japan), HELLA (Germany), J. Eberspaecher (Germany), Kurabe Industrial (Japan)

The Automotive Auxiliary Heater Market Research Report Forecast 2020-2025 is a valuable source of insightful data for business strategists. This Automotive Auxiliary Heater Market study provides comprehensive data on aspects of competitive intelligence, market research, strategy, planning, pricing and forecasting that enhances the understanding, scope, and application of this report.

According to this study, over the next five years the Automotive Auxiliary Heater market will register a 2.4% CAGR in terms of revenue, the global market size will reach $ 1547.6 million by 2025, from $ 1408.3 million in 2019.

The major key players covered in this report: BorgWarner (USA), Continental (Germany), Eberspaecher Mikuni Climate Control Systems (Japan), HELLA (Germany), J. Eberspaecher (Germany), Kurabe Industrial (Japan), MAHLE Behr (Germany), Micron Electric (Japan), Webasto (Germany).

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Growing demand for electric vehicles across developed as well as emerging countries such as The United States, India, and China, owing to growing EV buying trend, favorable government regulations to reduce vehicle emission, are expected to boost demand for automotive auxiliary heater over the forecast period. Furthermore, in Asia Pacific region, India and China are expected to exhibit substantial growth in the sales of electric vehicles, owing to favorable government policies.�In 2018 North America was the dominated market in the global automotive auxiliary heater market followed by Europe. This is owing to the fact that, the temperature falls below 0 degree Celsius in most of the countries across these regions during winters, owing to which the vehicle owners tend to install auxiliary heater in their vehicles to get comfortable driving experience.

This report segments the global Automotive Auxiliary Heater Market based on Types are:
Fuel Based, Electrical/PTC.
Fuel based auxiliary heaters account for 90% share of total market in 2018. But electrical/PTC auxiliary heater will gain a higher growth rate in the future.

Based on Application, the Global Automotive Auxiliary Heater Market is Segmented into:
Passenger Cars, Commercial Vehicles.
Passenger cars occupied the largest automotive auxiliary heater market, with over 73% market share.

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In May 2019, in North America, 0.36 million new battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV) were deployed in the year 2018.�

In March 2019, Government of India launched the second phase of 'Faster Adoption and Manufacturing of Electric Vehicles in India' (FAME India) scheme, where government is expected to reduce the purchase price of hybrid and electric vehicles in India and is focusing on implementation of electric vehicles for public or shared transportation.

Regions covered By Automotive Auxiliary Heater Market Report.
North America: United States, Canada, and Mexico.

Central and South America: Brazil and Argentina.

The Middle East and Africa: Saudi Arabia, and Turkey.

Europe: Germany, France, UK, Italy, Spain, and Russia.

Asia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, and Singapore.

These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis of segmentation help in offering precise results about the markets related to industry.

Significant Features that are under Offering and Key Highlights of the Reports:

- Detailed overview of Automotive Auxiliary Heater Market
- Changing Automotive Auxiliary Heater market dynamics of the industry
- In-depth market segmentation by Type, Application, etc.
- Historical, current and projected Automotive Auxiliary Heater market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Automotive Auxiliary Heater Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth.

The report has 150 tables and figures browse the report description and TOC:
https://www.marketinsightsreports.com/reports/01201782888/global-automotive-auxiliary-heater-market-growth-2020-2025?source=openpr&mode=86

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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