Automotive Heater Core Market: Industry Trends and Developments 2019–2025

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Global Automotive Heater Core market – A brief by Fact.MR

The business report on the global Automotive Heater Core market serves a compilation of market behavior and the manner in which the market has been performing and responding to various situations. With the help of DROT analysis and Porter’s Five Forces analysis, the authors of the report have presented the factors – positive and negative – that are influencing the market progress.

As per the report, the global market of Automotive Heater Core is US$ xx Mn/Bn in 2018 with xx% CAGR from 2014 to 2018 and it is spectated to peg US$ xx Mn/Bn by the end of 2029 with a CAGR of xx% from 2019 to 2029.

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Potential Opportunity

Regulations on carbon dioxide emissions, caused by fossil fuel depletion and global warming, have led the automotive industry to perceive a paradigm shift from conventional IC engines toward environment-friendly vehicles such as hybrid and electric cars. Electric cars have been deemed as optimal solution for eco-friendly vehicles in light of their higher energy efficiency than their petrol- & diesel-driven counterparts.

However, amount of waste heat generated by power engines in electric vehicles is insufficient for the purpose of heating, which entails the need for additional equipment as a main heating source. Post-considerable amount of research conducted on seeking primary heating equipment for electric cars, including combustion heater and heat pumps, high-voltage PTC heaters have been proved as most realistic solution capable of attaining required heating efficiency, reliability, and capacity.

More research efforts are being dedicated to improving heating performance and efficiency of high-voltage PTC heaters, which contain PTC ceramics as heater cores, such as building closed-loop system and designing prototypes with general characteristics. These researches are likely to significantly contribute to optimization of designs related to high-voltage PTC heaters, which in turn will fuel their penetration in electric vehicles in the upcoming years.

Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR

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Crucial findings of the Automotive Heater Core market report:

  • Historical and future progress of the global Automotive Heater Core market.
  • Scrutinization of the competitive landscape into market and regional penetration, acquisitions, and agreements with SWOT analysis.
  • Application of each segment in various regions.
  • Comparative study between leading and emerging Automotive Heater Core market vendors.
  • Regional analysis further broken down into countries for minute details.

The Automotive Heater Core market addresses the following queries:

  • What innovative products are being introduced by the players in the global Automotive Heater Core market?
  • Which players are entering into partnerships and why?
  • What are the supply-side trends of the global Automotive Heater Core market?
  • Which distribution channel is best suitable for the distribution of Automotive Heater Core ?
  • What are the restraints affecting the growth of the global Automotive Heater Core market?

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The Automotive Heater Core market report has considered

  • 2018 as the base year
  • 2019 as the estimated year
  • 2014-2018 as the historic period
  • 2019-2029 as the forecast period 

About Fact.MR

Fact.MR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. Fact.MR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.