The global Automotive High Voltage Electric Heaters market was valued at US$ 1067.7 million in 2022 and is projected to reach US$ 1330 million by 2029, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The High Voltage Electric Heaters (HVEH) is the ideal heating system for plug-in hybrids and electric vehicles. It converts DC electric power into heat with practically no losses. The HVEH therefore achieves extremely fast heat-up times, high precision and the highest efficiency.
This report aims to provide a comprehensive presentation of the global market for Automotive High Voltage Electric Heaters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive High Voltage Electric Heaters. This report contains market size and forecasts of Automotive High Voltage Electric Heaters in global, including the following market information:
Global Automotive High Voltage Electric Heaters Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive High Voltage Electric Heaters Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automotive High Voltage Electric Heaters companies in 2022 (%)
The worlds core manufacturers of high voltage electric heaters for automotive include BorgWarner, Webasto Group, and HGTECH. The top three manufacturers account for more than 60% of the market. The Asia-Pacific is the world's largest market, accounting for approximately 46% of the market, followed by Europe and North America, accounting for 36% and 13%, respectively. Among them, 4-7 kilowatts and less than 4 kilowatts accounted for 68% and 22% respectively. The most widely used are pure electric vehicles and hybrid vehicles, accounting for 53% and 38% respectively.
We surveyed the Automotive High Voltage Electric Heaters manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive High Voltage Electric Heaters Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive High Voltage Electric Heaters Market Segment Percentages, by Type, 2022 (%)
- Up to 4 KW
- 4-7 KW
- Above 7KW
Global Automotive High Voltage Electric Heaters Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive High Voltage Electric Heaters Market Segment Percentages, by Application, 2022 (%)
Global Automotive High Voltage Electric Heaters Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive High Voltage Electric Heaters Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Automotive High Voltage Electric Heaters revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Automotive High Voltage Electric Heaters revenues share in global market, 2022 (%)
- Key companies Automotive High Voltage Electric Heaters sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Automotive High Voltage Electric Heaters sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- BorgWarner
- Webasto Group
- Woory Corporation
- DBK Group
- HGTECH
- Eberspacher
- Mahle
- LG
- Mitsubishi Heavy Industries
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Automotive High Voltage Electric Heaters, market overview.
- Chapter 2: Global Automotive High Voltage Electric Heaters market size in revenue and volume.
- Chapter 3: Detailed analysis of Automotive High Voltage Electric Heaters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Automotive High Voltage Electric Heaters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Automotive High Voltage Electric Heaters capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
