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PTC Heaters Market Analysis, Revenue Share, Company Profiles, Launches, & Forecast Till 2026 | Reports And Data

08-11-2021 12:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Reports and Data

PTC Heaters Market

PTC Heaters Market

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.

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Market Overview:

The information and communication technology sector is expanding at a robust pace over the recent past. Technological advancements in the ICT sector, Artificial Intelligence and robots, increasing demand for smartphones, laptops equipped with latest technologies, and growing adoption of cloud services and IOT are key factors boosting market growth. Rising investments in research and development activities, and increasing usage of internet services, social networking, are fueling global market growth. In addition, rising focus on data security, increasing enhanced techniques to store large amount of data and rising demand for smart and wireless devices are further fueling global PTC Heaters market growth.

Competitive Landscape:

The global PTC Heaters market is extremely competitive and Dominant players in the global PTC Heaters market are developing various strategies such as mergers and acquisitions, new product launches, investment in research and development activities, corporate deals, and partnerships to strengthen their market position and expand their product base.

Key companies operating in the market:

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

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Key questions addressed in the global PTC Heaters market report:

What revenue CAGR is the global PTC Heaters market projected to register over the forecast period?

What are the key outcomes of Porter’s Five Force analysis of the global PTC Heaters market?

What are the key restraints hampering global market growth?

Which region is expected to account for largest revenue share between 2021 and 2028?

Which key players are operating in the global PTC Heaters market?

The global PTC Heaters market is further segmented into type and application:

Type (Revenue, USD Million; 2016–2026)

Honeycomb PTC Heater

PTC Air Heater

Others

Application (Revenue, USD Million; 2016–2026)

Automotive

Appliance

Others

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Regional Outlook of PTC Heaters Market:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Table Of Contents:

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

Chapter 4. PTC Heaters Market Segmentation & Impact Analysis

4.1. PTC Heaters Segmentation Analysis

4.2. Industrial Outlook

4.3. Regulatory Framework

4.4. PTC Heaters Market Impact Analysis

4.4.1. Market driver analysis

4.4.1.1. Increasing demand of electric vehicles

4.4.1.2. Increasing government incentives

4.4.2. Market restraint analysis

4.4.2.1. Lack of infrastructure in emerging economies

Continued…

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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.

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