Press release
United State will Spearhead Growth of the Global High Voltage Electric Heater Market with a 23% Revenue Share
High Voltage Electric Heater Market
Get Complete Synopsis of this Report - https://www.factmr.com/report/1027/high-voltage-electric-heater-market
Furthermore, mounting demand for customized products as per application requirement by numerous OEMs will drive the demand for high voltage electric heaters in the coming years. Advancements in the automotive industry and development of numerous concepts such as smart cars, connected cars, and electric cars will drive the high voltage electric heater market.
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.
Click Here To get a Sample Report (Including Full TOC, Table & Figures) :-https://www.factmr.com/connectus/sample?flag=S&rep_id=1027
Key Takeaways from Global High Voltage Electric Heater Market Study
The air heaters segment is estimated to account for 55% of the market revenue share by 2020-end, and is expected to gain 110 BPS in its market share by 2030 over 2020.
The BEV vehicle technology segment is expected to register a CAGR of 25% over the forecast period, to be valued at US$ 3.5 Bn by 2030-end.
The passenger cars segment is projected to expand 8X over the forecast period, while the LCVs segment is projected to grow 9X in the same period.
By maximum heating capacity, the largest share will be contributed by the 4-7 kW electric heaters segment in the years to come. This segment is expected to represent US$ 900 Mn of the market in 2020, and reach US$ 6.0 Bn in 2030, representing a CAGR of 24% over the forecast period.
Connect To an Expert :-https://www.factmr.com/connectus/sample?flag=AE&rep_id=1027
In terms of geographical demand, the market for high voltage electric heaters for automobiles is estimated to account for 40% of the market revenue share by 2020-end, and is expected to gain 400 BPS in its market share by 2030 over 2020.
The U.S. high voltage electric heater market is projected to expand 8X over the course of the forecast period, while the Japan market is projected to grow 6X over the same period.
Disruptions at production plants related to the consumer electronics and automotive industry due to the COVID-19 pandemic has decreased the demand for high voltage electric heaters.
To Get All-In Insights On the Regional Landscape of The Report Market, Buy Now:-https://www.factmr.com/checkout/1027/S
“Advancements in the automotive industry and mounting concerns towards gas emissions from vehicles are set to boost the demand for high voltage electric heaters, especially air heaters,” says a Fact.MR analyst.
Key Players to Focus on Product Innovation and Regional Expansion
Prominent players in the high voltage electric heater market include BorgWarner Inc., Eberspächer Gruppe GmbH & Co. KG, Webasto SE, Mahle GmbH, Worry Corporation, On Semiconductor, DBK David + Baader GmbH, LG Electronics Inc., and Mitsubishi Heavy Industries Ltd. These key players are adopting aggressive growth strategies for establishing their presence in regional and well as the global market. They are also focusing on product innovation and capacity expansion to meet the increasing demand for associated application usage.
Need More information about Report Methodology? Click Here :-https://www.factmr.com/connectus/sample?flag=RM&rep_id=1027
More Valuable Insights on High Voltage Electric Heater Market
Fact.MR, in its new offering, presents an unbiased analysis of the global high voltage electric heater market, presenting historical demand data (2015-2019) and forecast statistics for the period of 2020-2030.
Read More Trending Reports of Fact.MR: -https://www.globenewswire.com/en/news-release/2020/03/13/2000340/0/en/Golf-Cart-Sales-Remain-Concentrated-in-APEJ-Electrically-Powered-Carts-Gaining-Prominence-Finds-a-New-Fact-MR-Study.html
The study delivers essential insights on the high voltage electric heater market on the basis of type (air heaters and coolant heaters), vehicle technology (BEV, PHEV, and HEV), vehicle (passenger cars, LCVs, and HCVs), and maximum heating capacity (up to 4kW, 4-7 kW, and above 7kW), across seven major regions.
Explore Fact.MR’s Comprehensive Coverage on Automotive Landscape
Off-Highway Engine Market, Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2021 to 2031
Autonomous Farm Equipment Market, Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2021 to 2031
Aircraft Tugs Market, Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2021 to 2031
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website:
https://www.factmr.com
Research Insight:
https://www.factmr.com/report/1027/high-voltage-electric-heater-market
Content Source:
https://www.factmr.com/media-release/1642/global-high-voltage-electric-heater-market
About Fact.MR:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release United State will Spearhead Growth of the Global High Voltage Electric Heater Market with a 23% Revenue Share here
News-ID: 2297412 • Views: …
More Releases from Fact.MR
Insulated Drinkware Market to Hit USD 2.57 Billion by 2033 | YETI, Thermos L.L.C …
The global insulated drinkware market was valued at US$ 1.39 billion in 2023 and is forecasted to expand at a 6.3% CAGR over the next ten years. Worldwide sales of insulated drinkware are projected to reach US$ 2.57 billion by 2033-end.This robust growth is driven by increasing consumer awareness of sustainability, rising participation in outdoor activities, and the growing demand for reusable, eco-friendly products amid bans on single-use plastics.
The market…
Digital Twin Market is Growing at a CAGR of 34.3% d by 2033 | Key Players: ABB L …
Digital Twin Market is valued at USD 5 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 34.3%, reaching USD 95 billion by 2033. This explosive growth is driven by the increasing adoption of digital twins across industries to optimize operations, reduce costs, and enhance decision-making through virtual replicas of physical assets. Digital twins integrate IoT, AI, and data analytics to simulate real-world…
Hemato Oncology Testing Market is Forecasted to Reach USD 23.64 Billion by 2033 …
The global hemato oncology testing market is valued at USD 4.33 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 18.5%, reaching USD 23.64 billion by 2033. This rapid growth is driven by the increasing prevalence of blood-related cancers, such as lymphoma and leukemia, and advancements in diagnostic technologies like next-generation sequencing (NGS) and polymerase chain reaction (PCR). Hemato oncology testing plays a…
Osseointegration Implants Market is Anticipated to Reach USD 6.85 Billion by 203 …
Osseointegration Implants Market is poised for robust growth, with its valuation projected to rise from USD 3.17 billion in 2025 to USD 6.85 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8%. This expansion is driven by the increasing prevalence of orthopedic and dental disorders, such as osteoarthritis, rheumatoid arthritis, and edentulism, which necessitate advanced implant solutions. Osseointegration implants, which fuse directly with bone to provide stable…
More Releases for Electric
Electrical Isolators Market 2023: Mitsubishi Electric, Orient Electric, Schneide …
The Electrical Isolators Market size (volume and value) and industry chain structure published by The Insight Partners through its high quality database which is a valuable source of guidance and direction for companies and individual interested in the industry.
An electrical isolator is a material in which electric current does not flow freely. The atoms of the insulator have tightly bound electrons which cannot readily move. Other materials, semiconductors and conductors…
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Click…
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market…
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities…
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa…
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…
