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Automotive PTC Heater Market Trends and Forecast
 
The future of the automotive PTC heater market looks promising with opportunities in the IC engine, electric, and hybrid vehicle market. The global automotive PTC heater market is expected to grow with a CAGR of 7% to 9% from 2023 to 2028. The major drivers for this market are increasing trend of electric vehicles and growing requirement for PTC to solve heating problems in modern vehicles.
Automotive PTC Heater Market
Emerging Trends in the Automotive PTC Heater Market
Emerging trends, which have a direct impact on the dynamics of the industry, include growing demand for PTC heaters with high heating capacity and increasing availability of no engine exhaust heat in electric vehicles during the winter.
A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below. To learn the scope, benefits, companies researched and other details of the global automotive PTC heater market report, please download the report brochure.
Automotive PTC Heater Market by Segments
Automotive PTC Heater Market by Segments
The study includes trends and forecast for the global automotive PTC heater market by product type, structure type, vehicle type, sales channel, and region, as follows:
Automotive PTC Heater Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
  • Air Based
  • Water Based
Automotive PTC Heater Market by Structure Type [Value ($B) Shipment Analysis from 2017 to 2028]:
  • Fin
  • Honeycomb
Automotive PTC Heater Market by Vehicle Type [Value ($B) Shipment Analysis from 2017 to 2028]:
  • IC Engines
  • Electric Vehicles
  • Hybrid Vehicles
    • Full Hybrid
    • Mild Hybrid
    • Plug-In Hybrid
Automotive PTC Heater Market by Sales Channel [Value ($B) Shipment Analysis from 2017 to 2028]:
  • OEM
  • Aftermarket
Automotive PTC Heater Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World
List of Automotive PTC Heater Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, automotive PTC heater companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive PTC heater companies profiled in this report include- 
Automotive PTC Heater Market Insights
  • Lucintel forecasts that air based will remain the largest segment over the forecast period due to the growing usage of air-based PTC for the cabin climatization purposes in both hybrid and electric vehicles and growing availability and popularity of PTC heaters in end use markets.
  • Hybrid is expected to remain the largest vehicle type segment due to the increasing usage of hybrid vehicles to meet increasingly stringent emission standards.
  • Asia Pacific will remain the largest region due to the increasing demand for electric vehicles among consumers and growing adoption rates of green technologies in emerging countries, like China, India, and South Korea.
Features of the Automotive PTC Heater Market
  • Market Size Estimates: Automotive PTC heater market size estimation in terms of value ($B)
  • Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Automotive PTC heater market size by various segments, such as product type, structure type, vehicle type, and sales channel
  • Regional Analysis: Automotive PTC heater market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different product types, structure types, vehicle types, sales channels, and regions for the automotive PTC heater market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the automotive PTC heater market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the automotive PTC heater market size?
Answer: The global automotive PTC heater market is expected to reach an estimated $xx billion by 2028.
Q2. What is the growth forecast for automotive PTC heater market?
Answer: The global automotive PTC heater market is expected to grow with a CAGR of 7% to 9% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the automotive PTC heater market?
Answer: The major drivers for this market are increasing trend of electric vehicles and growing requirement for PTC to solve heating problems in modern vehicles.
Q4. What are the major segments for automotive PTC heater market?
Answer: The future of the automotive PTC heater market looks promising with opportunities in the IC engine, electric, and hybrid vehicle market.
Q5. What are the emerging trends in automotive PTC heater market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include growing demand for PTC heaters with high heating capacity and increasing availability of no engine exhaust heat in electric vehicles during the winter.
Q6. Who are the key automotive PTC heater companies?
Answer: Some of the key automotive PTC heater companies are as follows:
  • KLC Corporation
  • Eberspächer
  • GMN
  • Caliente
  • Pelonis Technologies
  • Mitsubishi Heavy Industries
  • BorgWarner Inc.
Q7. Which automotive PTC heater segment will be the largest in future?
Answer: Lucintel forecasts that air based will remain the largest segment over the forecast period due to the growing usage of air-based PTC for the cabin climatization purposes in both hybrid and electric vehicles and growing availability and popularity of PTC heaters in end use markets. 
Q8. In automotive PTC heater market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific will remain the largest region due to the increasing demand for electric vehicles among consumers and growing adoption rates of green technologies in emerging countries like China, India, and South Korea.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 
This report answers following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the automotive PTC heater market by product type (air based and water based), structure type (fin and honeycomb), vehicle type (IC engines, electric vehicles, and hybrid vehicles), sales channel (OEM and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity did occur in the last five years and what has its impact been on the industry?
 
For any questions related to automotive PTC heater market or related to automotive PTC heater companies, automotive PTC heater market size, automotive PTC heater market share, automotive PTC heater analysis, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary

2. Global Automotive PTC Heater Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Automotive PTC Heater Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Automotive PTC Heater Market by Product Type
3.3.1: Air Based
3.3.2: Water Based
3.4: Global Automotive PTC Heater Market by Structure Type
3.4.1: Fin
3.4.2: Honeycomb
3.5: Global Automotive PTC Heater Market by Vehicle Type
3.5.1: IC Engines
3.5.2: Electric Vehicles
3.5.3: Hybrid Vehicles
            3.5.3.1: Full Hybrid
            3.5.3.1: Mild Hybrid
            3.5.3.1: Plug-In Hybrid
3.6: Global Automotive PTC Heater Market by Sales Channel
3.6.1: OEM
3.6.2: Aftermarket

4. Market Trends and Forecast Analysis by Region from 2017-2028
4.1: Global Automotive PTC Heater Market by Region
4.2: North American Automotive PTC Heater Market
4.2.1: North American Automotive PTC Heater Market by Vehicle Type: IC Engines, Electric Vehicles, and Hybrid Vehicles
4.2.2: North American Automotive PTC Heater Market by Product Type: Air Based and Water Based
4.3: European Automotive PTC Heater Market
4.3.1: European Automotive PTC Heater Market by Vehicle Type: IC Engines, Electric Vehicles, and Hybrid Vehicles
4.3.2: European Automotive PTC Heater Market by Product Type: Air Based and Water Based
4.4: APAC Automotive PTC Heater Market
4.4.1: APAC Automotive PTC Heater Market by Vehicle Type: IC Engines, Electric Vehicles, and Hybrid Vehicles
4.4.2: APAC Automotive PTC Heater Market by Product Type: Air Based and Water Based
4.5: ROW Automotive PTC Heater Market
4.5.1: ROW Automotive PTC Heater Market by Vehicle Type: IC Engines, Electric Vehicles, and Hybrid Vehicles
4.5.2: ROW Automotive PTC Heater Market by Product Type: Air Based and Water Based

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Automotive PTC Heater Market by Product Type
6.1.2: Growth Opportunities for the Global Automotive PTC Heater Market by Structure Type
6.1.3: Growth Opportunities for the Global Automotive PTC Heater Market by Vehicle Type
6.1.4: Growth Opportunities for the Global Automotive PTC Heater Market by Sales Channel
6.1.5: Growth Opportunities for the Global Automotive PTC Heater Market by Region
6.2: Emerging Trends in the Global Automotive PTC Heater Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Automotive PTC Heater Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Automotive PTC Heater Market

7. Company Profiles of Leading Players
7.1: KLC Corporation
7.2: Eberspächer
7.3: GMN
7.4: Caliente
7:5: Pelonis Technologies
7.6: Mitsubishi Heavy Industries
7.7: BorgWarner
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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