Torrance, California, USA -As per MarkWide Research’s latest study, Ptc Heater Market is set to witness steady growth at a CAGR of 8.1% by 2030.
Positive Temperature Coefficient heaters (PTC heaters) change resistance as they warm up and cool down. The electrical resistance increases as the temperature of the heater or the ambient temperature increases with the increase in temperature of the heater. It can be simplified to say that when the temperature of the heater is cold, current flows through it, and when the temperature reaches a certain level, the flow is restricted.
A PTC heater also has a high heating capacity and is also very easy to use, which makes them an excellent choice. There will be an increase in the demand for PTC heaters during the forecast period, thus boosting the market.
Electric vehicles (EVs) are expected to become more popular in the coming years, which in turn is expected to drive the future demand for PTC heaters in the future.
MARKET TREND INSIGHTS
PTC Heaters Market is expected to grow by 7.9% by 2028 from USD 4.66 Billion in 2020 to USD 8.52 Billion by 2030, at a CAGR of 7.9%. As a result, the PTC heaters with high voltage are specially designed for electric and hybrid vehicles, since electric vehicles are not equipped with engine exhaust heat during winter months.
- Besides being able to heat up a large area quickly, PTC heaters also have a high heating capacity. The market for PTC heaters is expected to grow during the forecast period, which will result in growth during the forecast period.
- Based on the current and future trends, along with specification requirements of different solutions, the numbers have been estimated based on the commercialization potential of PTC Heaters Market.
- There has been an analysis conducted based on a combination of solutions, in terms of usage, for PTC Heater technologies over a period of one year as well as a forecast period.
- In order to estimate the market size, the following segments have been divided in North America, Europe, Asia Pacific, and Rest of the World (RoW), along with their respective countries, segmented according to the type of service, by identifying the potential customers, respective market share, and potential demand for each segment.
The report covers the following key topics:
- As the market for PTC heaters has grown significantly from the period of 2022-2030, by region and by country, there has been a noticeable increase in the market.
- There are several factors that contribute to the high adoption of PTC heaters.
- A gap between the supply of goods and the demand for them is analyzed
- Price strategies used by competitors in regional markets in order to compete
- An analysis of the market share of each of the top players in the industry
- New entrants should take note of this strategic recommendation in order to succeed
- Forecasts for segments, sub-segments, and regions of the market for the next six years, based on an analysis of historical data
- A description of the market trends (drivers, restraints, opportunities, challenges, investment opportunities, and recommendations) will be provided.
- On the basis of the market estimations, strategic recommendations are provided based on the key segments of the market
- The key trends in competitive landscaping are analyzed in order to provide insights into the future
- An overview of the company, including financials, strategies, and recent developments of the company
- Value chain advancements are the result of technological advancements.
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MARKET TREND INSIGHTS
PTC Heaters Market is expected to grow by 8.1% from USD 4.66 Billion in 2020 to USD 8.52 Billion by 2030, at a CAGR of 8.1%. As a result, the PTC heaters with high voltage are specially designed for electric and hybrid vehicles, since electric vehicles are not equipped with engine exhaust heat during winter months.
- Besides being able to heat up a large area quickly, PTC heaters also have a high heating capacity. The market for PTC heaters is expected to grow during the forecast period, which will result in growth during the forecast period.
- Based on the current and future trends, along with specification requirements of different solutions, the numbers have been estimated based on the commercialization potential of PTC Heaters Market.
- There has been an analysis conducted based on a combination of solutions, in terms of usage, for PTC Heater technologies over a period of one year as well as a forecast period.
- In order to estimate the market size, the following segments have been divided in North America, Europe, Asia Pacific, and Rest of the World (RoW), along with their respective countries, segmented according to the type of service, by identifying the potential customers, respective market share, and potential demand for each segment.
The report covers the following key topics:
- As the market for PTC heaters has grown significantly from the period of 2022-2030, by region and by country, there has been a noticeable increase in the market.
- There are several factors that contribute to the high adoption of PTC heaters.
- A gap between the supply of goods and the demand for them is analyzed
- Price strategies used by competitors in regional markets in order to compete
- An analysis of the market share of each of the top players in the industry
- New entrants should take note of this strategic recommendation in order to succeed
- Forecasts for segments, sub-segments, and regions of the market for the next six years, based on an analysis of historical data
- A description of the market trends (drivers, restraints, opportunities, challenges, investment opportunities, and recommendations) will be provided.
- On the basis of the market estimations, strategic recommendations are provided based on the key segments of the market
- The key trends in competitive landscaping are analyzed in order to provide insights into the future
- An overview of the company, including financials, strategies, and recent developments of the company
- Value chain advancements are the result of technological advancements.
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Ptc Heater Market Major Players Covered:
- Eberspächer
- Backer Group
- Suzhou new electronics Co., LTD.
- Zhenjiang Dongfang Electric Heating Technology Co.,Ltd
- MAHLE
- DBK Group
- Shanghai XINPA
- Shanghai Xinye Electronics
- HGTECH
- Mountain Source
- Sharing Electronics
- GMN
- Headway
- Chongqing Shiji Jingxin Industry
- STEGO
- Calienté
- Xingchen Electric Heater
- KLC
- Beno Electric
- ROTFIL
Ptc Heater Market Segmentation Analysis:
- Segment by Type
PTC Air Heaters
PTC Heat Conductors and Convection Heaters
- Segment by Application
Electric Car
Household Appliances
Commercial and Industrial Equipment
Others
Overview of the product offerings:
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- The PTC Heaters Market offers a comprehensive view of the variables that impact business income, as well as the opportunity spotting that continues to occur in the market on a daily basis
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