Automotive-PTC-Heater Market Global Demand, Growth, Opportunities, Top Key Players and Forecast till 2031


Automotive-PTC-Heater Market Research Study Tracks Latest Developments and Future Outlook

Global Automotive-PTC-Heater market is set to be influenced by a bevy of factors, including COVID-19 impact and broader public-private push toward inducing momentum. In a new comprehensive study, Fact.MR offers in-depth analysis and insights on how Automotive-PTC-Heater sales will grow/decline during the forecast period (2021-2031).

Geographical Outlook of Global Automotive-PTC-Heater Market

The automotive PTC heater market covers six major regions: North America, Latin America, Europe, East Asia, South East Asia Oceania, and MEA. Due to early technology development and adoption in North America and Europe, the regions are expected to be in front. The regions share rich history for automotive industry along with higher per capita income has enabled higher automotive sales in the region which is likely to be profitable for the product in future. Tesla, BMW, Mercedes, Audi and VOLVO are few of the biggest names in electric car market and technology development belong to this region thus the region holds very optimistic growth sign in near future.

Asia is emerging as next big market for passenger vehicles along with countries like China, Taiwan, and South Korea which are leading in chip manufacturing technology and export is likely to add momentum to sales. Indian government is emphasizing on electric vehicles sales in country which will drive PTC sales in the region.

Better economic condition of GCC countries, Turkey, South Africa etc. is expected to have better demand over other countries of MEA region. Improving economic condition of Africa is presumed to add marginal growth for sales.

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COVID-19 Impact Outlook for Automotive-PTC-Heater Market

After COVID-19 Pandemic countries across globe reacted and actions were taken to prevent the spread of virus. Manufacturing sector was at halt, industries were hit hard and automotive industry was one among them.

To combat the pandemic, governments all over the world have put a halt to automobile manufacturing. As a result, the automotive industry suffered significant losses during this period. Along with this, the population's disposable income fell, lowering demand for automobiles even further. In addition, printed circuit board manufacturing experienced plunge in terms of sales. For instance, according to a study US printed circuit assembly market experienced ~17% shrinkage in growth. Manufacturing fluctuations were noticed from China, Taiwan and South Korea. Though the lockdown lifting is inevitable and thus, the automotive PCT heater business is expected grain traction aftermath of lockdown.

 

Advantages of Automotive-PTC-Heater Over Traditional Heater Analysis

Over the time automotive PTC heater have proved their safety and efficiency in the industry. Benefits which this technology carries are:

They are safer because they do not hold coils, resistive cables, carbon fiber heaters, or foils. As a result, the traps and failure mode are reduced to a greater degree.

Since PTC heaters can be as thin as 0.001 inch, they take up very little space. This increases their cost-effectiveness and lightweight advantage over traditional heaters.

They are immune to mechanical abuse such as folding, piercing and creasing. In addition they are resistant to chemical and water corrosion, results in increased prolonged life.

Conventional heaters manufacturing includes process such as acid baths which is not required in PTC heater manufacturing minimizes environmental effect.

Various other benefits such as uniform heating, minimum time to reach optimum temperature, design flexibility, elimination of electronic diagnostics for operation etc. is propelling its faster adoption in automotive industry.

 

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Who are the Key Manufacturers and Suppliers of Automotive-PTC-Heater?

Some of the leading manufacturers and suppliers of automotive-PTC-heater include

  • KLC Corporation
  • Eberspächer
  • GMN
  • Caliente
  • Pelonis Technologies inc
  • Mitsubishi Heavy Industries Ltd
  • BorgWarner Inc
  • Daimler
  • Dongguan Zhengyang Electronic Mechanical LTD
  • Ancheng Dingchuang Electric Heating Machinery Co. Ltd.

  

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The -PTC-Heaterword market report answers important questions which include:

  • What does the status of the Automotive-PTC-Heater market look like after the forecast period?
  • Which region has the highest contribution to the global Automotive-PTC-Heater market and why?
  • Which players remain at the top of the global Automotive-PTC-Heater market?
  • What opportunities are available for the Automotive-PTC-Heater market players to expand their production footprint?
  • Which segment has the maximum impact on the global Automotive-PTC-Heater market?

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