Press release
Key Trend Shaping the High Voltage Electric Heater Market in 2025: Sustainable Advancements in High-Voltage Heating Technologies
global high voltage electric heater market
The global high voltage electric heater market reached a value of nearly $2.58 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.95% since 2019. The market is expected to grow from $2.58 billion in 2024 to $6.59 billion in 2029 at a rate of 20.62%. The market is then expected to grow at a CAGR of 19.91% from 2029 and reach $16.33 billion in 2034.
What strategies are being adopted by key players in the high voltage electric heater market?
The key players in the market are adopting extensive strategies in the high voltage electric heater market such as:
• Strengthening production with new innovations.
• Driving growth through advanced solutions.
• Scaling operations with cutting-edge technology.
• Leveraging innovation to boost manufacturing capacity.
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To take advantage of opportunities, The Business Research Company suggests that high voltage electric heater companies enhance offerings:
• Innovating high-voltage electric heaters for better efficiency.
• Establishing supply contracts to boost EV adoption.
• Advancing high-voltage coolant heaters for improved thermal management.
What Is High Voltage Electric Heater: Market Overview?
High voltage electric heaters are specialized heating devices designed to generate and distribute heat efficiently in electric and hybrid vehicles. These heaters are essential for maintaining cabin comfort, defrosting windshields and ensuring optimal battery performance in cold conditions. Unlike conventional internal combustion engine (ICE) vehicles, which rely on waste heat from the engine for heating, electric vehicles (EVs) and hybrid electric vehicles (HEVs) require dedicated heating systems powered by electricity. These heaters are crucial for EVs, especially in cold climates, where they help maintain performance and comfort without significantly reducing driving range.
Production of high voltage electric heaters involves advanced manufacturing processes that include the assembly of heating elements, control units and protective casings designed to withstand high electrical loads. Key materials used include positive temperature coefficient (PTC) ceramics, aluminum and high-temperature-resistant polymers. These heaters are distributed through automotive OEMs (Original Equipment Manufacturers) and aftermarket suppliers, with sales channels including direct procurement by automakers, auto part distributors and online platforms. Aftermarket high voltage electric heaters are also available for replacement or upgrade purposes.
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Who Are The Major Companies Operating In The Global High Voltage Electric Heater Market?
The top ten competitors in the market made up to 45.77% of the total market in 2023. Continental AG was the largest competitor with a 6.53% share of the market, followed by:
• Eberspächer Gruppe GmbH & Co. KG.
• LG Electronics.
• BorgWarner Inc.
• Valeo SA.
• Chromalox Inc.
• Mitsubishi Heavy Industries Ltd.
• Webasto SE.
• Woory Corporation.
• Watlow Ltd.
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