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High Voltage Electric Heaters size in terms of volume and value 2018-2020

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.

This is resulting in the manufacturers in the high voltage electric heaters marketare focusing on new technology that uses less energy in electric vehicle for air heating, cooling and humidity control.

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China to Offer Significant Growth Opportunities in High Voltage Electric Heaters Market

The demand for electric vehicles is likely to witness a significant growth in China. The high voltage electric heaters market in China is expected to exceed US$ 300 million by the end of 2018, according to the study by Fact.MR.

According to the International Energy Agency Report (IEA), the number of electric cars sold in China in 2017 almost doubled the number of electric cars sold in the US. China also accounts for half of the global sales of electric vehicles. Strong policy push is one of the major factors driving the demand for electric vehicles in the country.

The shift to electric vehicles in the country is also resulting in increased demand for some major components and materials used in electric vehicles including high voltage electric heaters. Moreover, the Chinese government is also an active participant in the Electric Vehicle Initiative (EVI) accelerating the deployment of electric vehicles.

The leading companies providing technology solutions and components for electric vehicles are also increasing their supply in China owing to the high demand. A lot of electric vehicles in China from the stage for research and development are entering into the stage of industrialization thereby creating growth opportunities for high voltage electric heaters manufacturers worldwide.

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Passenger Cars to Account for the Largest Share in High Voltage Electric Heaters Market

The development of efficient and economic electric commercial vehicles is driving the demand for high voltage electric heaters in passenger cars. Passenger cars are projected to witness robust growth, bringing in more than US$600 million by 2018 end, as per the report by Fact.MR.

Hybrid and electric vehicles sales are on a rise in both developed and developing regions, owing to the new regulations on CO2 emission. Moreover, rising oil prices are also driving the demand for electric vehicles worldwide. The low cost of electric cars as compared to petrol and diesel cars is the key factor driving rapid adoption in countries like Japan, the US, and UK. Meanwhile, the electric vehicles as the passenger cars are likely to become cheap without subsidies in the near future.

With the growing demand for electric vehicles, leading players in the high voltage electric heaters market are launching new products improving battery performance by using less power from the battery.

The overall prospects for the high voltage electric heaters market are anticipated to remain positive in the coming years. The demand for high voltage electric heaters is expected to reach 23.2% CAGR during 2018-2028.

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Table of Contents Covered in the report are:

1. Executive Summary
1.1. Market Overview
1.2. Opportunity Assessment
1.3. Wheel of Fortune
1.4. Fact.MR Analysis

2. Market Introduction
2.1. Introduction & Definition
2.2. Market Taxonomy

3. Global Electric Vehicle Market Outlook
3.1. OEM Announcement Related to Electric Car
3.2. Global Electric Vehicle Outlook
3.2.1. New Electric Car Sales (BEV & PHEV)
3.2.2. Electric Car Stock (BEV & PHEV)
3.3. Announced Country Target & Objectives for EV Deployment
3.4. ICE Vs EV Market Analysis & Forecast, 2018-2028 (For Passenger Cars & Commercial Vehicles)
3.5. Announced Sales Ban of ICE Vehicle
3.5.1. Announced Access Restriction Mandates in Local Jurisdiction
3.6. Electric Vehicle Index Development
3.7. Government Subsidies for EV Purchase
3.8. Support Policies for Electric Vehicle Market
3.8.1. National & Supra-National Measures
3.8.2. Fiscal Policies
3.8.3. Regulatory Policies
3.8.4. Local Policies
3.8.5. Initiative from Private Sector Stackholders.

4. Market Dynamics & Key Indicator Assessment
4.1. Global High Voltage Electric Heaters Market Key Growth Drivers & Impact Analysis
4.2. Global High Voltage Electric Heaters Market Challenges & Impact analysis
4.3. Global High Voltage Electric Heaters Market Key Opportunities
4.4. Global High Voltage Electric Heaters Market Key Trends
4.5. Value Chain Analysis

5. Pricing Analysis
5.1. Pricing Point Analysis – By Product Type
5.2. Pricing point Analysis – By Country
5.3. Pricing Analysis – Forecast

6. Global High Voltage Electric Heaters Market Analysis 2013-2017 & Forecast 2018-2028
6.1. Global High Voltage Electric Heaters Market Value (US$ Mn) & Volume (Units), 2013-2028
6.2. Global High Voltage Electric Heaters Market Scenario Forecast
6.3. Global High Voltage Electric Heaters Market Analysis, By Region/Country
6.3.1. Global High Voltage Electric Heaters Market Value (US$ Mn) & Volume (Units) Analysis (2013-17) & Forecast (2018-28), By Region/Country
6.3.1.1. China
6.3.1.2. France
6.3.1.3. Germany
6.3.1.4. Japan
6.3.1.5. South Korea
6.3.1.6. U.K.
6.3.1.7. U.S.
6.3.1.8. Rest of World
6.3.2. Global High Voltage Electric Heaters Market Share & BPS Analysis by Country, 2013-2028
6.3.3. Global High Voltage Electric Heaters Market Y-o-Y Growth Projection by Country, 2018-28
6.3.4. Global High Voltage Electric Heaters Market Attractiveness Index by Country, 2018-28
6.3.5. Global high Voltage Electric Heaters Market Absolute $ Opportunity by Country, 2018-28
6.4. Global High Voltage Electric Heaters Market Analysis, By Product Type
6.4.1. Global High Voltage Electric Heaters Market Value (US$ Mn) & Volume (Units) Analysis (2013-17) & Forecast (2018-28), By Product Type
6.4.1.1. Air Heaters
6.4.1.2. Coolant Heaters
6.4.1.3. Battery Heaters
6.4.2. Global High Voltage Electric Heaters Market Share & BPS Analysis by Product Type, 2013-2028
6.4.3. Global High Voltage Electric Heaters Market Y-o-Y Growth Projection by Product Type, 2018-28
6.4.4. Global High Voltage Electric Heaters Market Attractiveness Index by Product Type, 2013-28
6.4.5. Global high Voltage Electric Heaters Market Absolute $ Opportunity by Product Type, 2018-28
6.5. Global High Voltage Electric Heaters Market Analysis, By Vehicle Technology Type
6.5.1. Global High Voltage Electric Heaters Market Value (US$ Mn) & Volume (Units) Analysis (2013-17) & Forecast (2018-28), By Vehicle Technology Type
6.5.1.1. Air Heaters
6.5.1.2. Coolant Heaters
6.5.1.3. Battery Heaters
6.5.2. Global High Voltage Electric Heaters Market Share & BPS Analysis by Vehicle Technology Type, 2013-2028
6.5.3. Global High Voltage Electric Heaters Market Y-o-Y Growth Projection by Vehicle Technology Type, 2018-28
6.5.4. Global High Voltage Electric Heaters Market Attractiveness Index by Vehicle Technology Type, 2013-28
6.5.5. Global high Voltage Electric Heaters Market Absolute $ Opportunity by Vehicle Technology Type, 2018-28
6.6. Global High Voltage Electric Heaters Market Analysis, By Vehicle Type
6.6.1. Global High Voltage Electric Heaters Market Value (US$ Mn) & Volume (Units) Analysis (2013-17) & Forecast (2018-28), By Vehicle Type
6.6.1.1. Air Heaters
6.6.1.2. Coolant Heaters
6.6.1.3. Battery Heaters
6.6.2. Global High Voltage Electric Heaters Market Share & BPS Analysis by Vehicle Type, 2013-2028
6.6.3. Global High Voltage Electric Heaters Market Y-o-Y Growth Projection by Vehicle Type, 2018-28
6.6.4. Global High Voltage Electric Heaters Market Attractiveness Index by Vehicle Type, 2013-28
6.6.5. Global high Voltage Electric Heaters Market Absolute $ Opportunity by Vehicle Type, 2018-28
6.7. Global High Voltage Electric Heaters Market Analysis, By Maximum Heating Performance
6.7.1. Global High Voltage Electric Heaters Market Value (US$ Mn) & Volume (Units) Analysis (2013-17) & Forecast (2018-28), By Maximum Heating Performance
6.7.1.1. Air Heaters
6.7.1.2. Coolant Heaters
6.7.1.3. Battery Heaters
6.7.2. Global High Voltage Electric Heaters Market Share & BPS Analysis by Maximum Heating Performance, 2013-2028
6.7.3. Global High Voltage Electric Heaters Market Y-o-Y Growth Projection by Maximum Heating Performance, 2018-28
6.7.4. Global High Voltage Electric Heaters Market Attractiveness Index by Maximum Heating Performance, 2013-28
6.7.5. Global high Voltage Electric Heaters Market Absolute $ Opportunity by Maximum Heating Performance, 2018-28

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James

James is a seasoned digital marketing professional, having worked for numerous online firms in his distinguished career. He believes in continuous learning, considering that the digital marketing sector’s rapidly evolving nature.
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