Booming Electric Vehicle Market Driving Demand for High Voltage Electric Heaters

Posted on 2019-03-11 by Mark Hub in Industrial // 0 Comments

Rockville, USA, 2019-Mar-11 — /EPR Network/ — The high voltage electric heaters market is likely to witness a robust growth in the coming years, with the market expected to surpass US$ 600 million by the end of 2018, as per the latest report by Fact.MR. The significant growth in the high voltage electric heaters market is influenced by the increasing demand for electric vehicles worldwide. Regulations on CO2 emission is also resulting in the shift from conventional vehicle to electric and hybrid vehicles.

With the growing demand for electric vehicles across countries, high voltage electric heaters and high voltage air heaters are being used on a large scale in these vehicles as efficient air heating solution. The electric vehicle manufacturers are looking for more efficient high voltage air heaters to improve the performance of the electric vehicles.

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The sales of electric cars across the globe is growing. According to the report by International Energy Agency (IEA), sales of electric vehicles worldwide exceeded 1 million units in 2017, China accounted for more than half of the global sales of electric cars. Meanwhile, the US is the second largest electric cars market.

High Voltage PTC Heaters Gaining Traction in Electric Vehicles

The automobile industry is rapidly replacing internal combustion engine vehicles with eco-friendly electric vehicles. To boost electric vehicle use and reduce battery power consumption, manufacturers in high voltage electric heaters market are developing highly efficient heating system for electric vehicles.

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The high voltage electric heaters market is segmented on the basis of product type, vehicle technology, vehicle type, and maximum heating performance. The key segments in the report on high voltage electric heaters market are further bifurcated into sub-segments to provide better understanding of the market.

Based on the product type the high voltage electric heater market is segmented into High Voltage Battery Heaters, High Voltage Coolant Heaters, and High Voltage Air Heaters. On the basis of vehicle technology the market is segmented into HEV, PHEV, and BEV

By vehicle type, the high voltage electric heaters market is segmented into HCV, LCV, and Passenger Cars. On the basis of maximum heating performance, the market is segmented into Up to 4 kW, 4-7 kW, and Above 7 kW.

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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