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Global High Voltage Electric Heater Market Size Study & Forecast, by Product Type (Air Heater, Coolant Heater, Battery Heater), By Vehicle Technology (BEV, PHEV, HEV), By Vehicle Type (Passenger Car, LCV, HCV), By Maximum Heating Performance (Up to 4 kW, 4-7 kW, above 7 kW), and Regional Analysis, 2023-2030

July 2023 | 200 pages | ID: G69E421484E7EN
Bizwit Research & Consulting LLP

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Global High Voltage Electric Heater Market is valued at approximately USD 1,545.2 million in 2022 and is anticipated to grow with a healthy growth rate of more than 22.5% over the forecast period 2023-2030. High-voltage electric heater is an electric heater that operates at a high voltage, usually over 1,000 volts. The objective of these heaters is to transform electrical energy into heat energy, which is subsequently utilized to heat things. High voltage electric heaters are frequently utilized in many different applications, such as heating systems for homes and businesses, automobiles, and industrial processes. They are renowned for their superior efficiency, fast heating, and accurate temperature control. The thriving growth of the automotive industry, increasing number of government regulations to control emissions, increasing industrialization, high utilization of high-voltage electric heaters, and rising emphasis on green technologies are the most prominent factors that are propelling the market demand across the globe.

In addition, the surging adoption of electric vehicles is a major factor that is influencing market growth during the estimated period of 2023-2030. The International Energy Agency (IEA) stated that in 2020, the number of electric vehicles sold in the United States was 295000 and the number increased significantly and reached 631000 in 2021. As a result, the rising demand for EVs is anticipated to propel market growth. Also, as per Statista, in 2021, the sales of electric vehicles across Brazil accounted for around 7,272 units, which is projected to reach more than 17,860 units by 2027. Consequentially, these aforementioned factors are propelling the growth of the High Voltage Electric Heater Market during the estimated period. Moreover, the rising technological advancements in the electrical industry, as well as the increasing adoption of renewable energy sources present various lucrative opportunities over the forecasting years. However, the high installation and maintenance costs and availability of alternative heating systems are hindering the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global High Voltage Electric Heater Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 due to the growing government investments, high demand for energy-efficient heating systems, coupled with the rising focus on technological developments. Whereas, Asia Pacific is expected to grow at the fastest CAGR over the forecast period, owing to factors such as the stringent government regulations to control emissions, and surging adoption of automobiles in the market space.

Major market players included in this report are:
BorgWarner Inc
Eberspдcher Gruppe GmbH & Co. KG
Webasto SE
Mahle GmbH
Woory Corporation
DBK David + Baader GmbH
Tutco Inc
LG Electronics Inc.
Mitsubishi Heavy Industries Ltd
Smiths Group

Recent Developments in the Market:
In November 2021, BorgWarner- producer of thermal technology declared that the company strengthens its operations in Cadillac, North Carolina. This initiative supports in supporting of the Michigan Strategic Fund with an investment of USS 11.2 million.
In August 2022, German manufacturer DBK David + Baader GmbH unveiled the introduction of a high-voltage fluid heater, one of the smallest and lightest high-voltage electric heaters.

Global High Voltage Electric Heater Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product Type, Vehicle Technology, Vehicle Type, Maximum Heating Performance, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Air Heater
Coolant Heater
Battery Heater

By Vehicle Technology:
BEV
PHEV
HEV

By Vehicle Type:
Passenger Car
LCV
HCV

By Maximum Heating Performance:
Up to 4 kW
4-7 kW
Above 7 kW

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
  1.2.1. High Voltage Electric Heater Market, by Region, 2020-2030 (USD Million)
  1.2.2. High Voltage Electric Heater Market, by Product Type, 2020-2030 (USD Million)
  1.2.3. High Voltage Electric Heater Market, by Vehicle Technology, 2020-2030 (USD Million)
  1.2.4. High Voltage Electric Heater Market, by Vehicle Type, 2020-2030 (USD Million)
  1.2.5. High Voltage Electric Heater Market, by Maximum Heating Performance, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL HIGH VOLTAGE ELECTRIC HEATER MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL HIGH VOLTAGE ELECTRIC HEATER MARKET DYNAMICS

3.1. High Voltage Electric Heater Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Increasing number of government regulations to control emission
    3.1.1.2. Surging adoption of electric vehicles
  3.1.2. Market Challenges
    3.1.2.1. High installation and maintenance costs
    3.1.2.2. Availability of alternative heating systems
  3.1.3. Market Opportunities
    3.1.3.1. Rising technological advancements in the electrical industry
    3.1.3.2. Increasing adoption of renewable energy sources

CHAPTER 4. GLOBAL HIGH VOLTAGE ELECTRIC HEATER MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL HIGH VOLTAGE ELECTRIC HEATER MARKET, BY PRODUCT TYPE

5.1. Market Snapshot
5.2. Global High Voltage Electric Heater Market by Product Type, Performance - Potential Analysis
5.3. Global High Voltage Electric Heater Market Estimates & Forecasts by Product Type 2020-2030 (USD Million)
5.4. High Voltage Electric Heater Market, Sub Segment Analysis
  5.4.1. Air Heater
  5.4.2. Coolant Heater
  5.4.3. Battery Heater

CHAPTER 6. GLOBAL HIGH VOLTAGE ELECTRIC HEATER MARKET, BY VEHICLE TECHNOLOGY

6.1. Market Snapshot
6.2. Global High Voltage Electric Heater Market by Vehicle Technology, Performance - Potential Analysis
6.3. Global High Voltage Electric Heater Market Estimates & Forecasts by Vehicle Technology 2020-2030 (USD Million)
6.4. High Voltage Electric Heater Market, Sub Segment Analysis
  6.4.1. BEV
  6.4.2. PHEV
  6.4.3. HEV

CHAPTER 7. GLOBAL HIGH VOLTAGE ELECTRIC HEATER MARKET, BY VEHICLE TYPE

7.1. Market Snapshot
7.2. Global High Voltage Electric Heater Market by Vehicle Type, Performance - Potential Analysis
7.3. Global High Voltage Electric Heater Market Estimates & Forecasts by Vehicle Type 2020-2030 (USD Million)
7.4. High Voltage Electric Heater Market, Sub Segment Analysis
  7.4.1. Passenger Car
  7.4.2. LCV
  7.4.3. HCV

CHAPTER 8. HIGH VOLTAGE ELECTRIC HEATER MARKET, BY MAXIMUM HEATING PERFORMANCE

8.1. Market Snapshot
8.2. Global High Voltage Electric Heater Market by Maximum Heating Performance, Performance - Potential Analysis
8.3. Global High Voltage Electric Heater Market Estimates & Forecasts by Maximum Heating Performance 2020-2030 (USD Million)
8.4. High Voltage Electric Heater Market, Sub Segment Analysis
  8.4.1. Up to 4 kW
  8.4.2. 4-7 kW
  8.4.3. Above 7 kW

CHAPTER 9. GLOBAL HIGH VOLTAGE ELECTRIC HEATER MARKET, REGIONAL ANALYSIS

9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. High Voltage Electric Heater Market, Regional Market Snapshot
9.4. North America High Voltage Electric Heater Market
  9.4.1. U.S. High Voltage Electric Heater Market
    9.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
    9.4.1.2. Vehicle Technology breakdown estimates & forecasts, 2020-2030
    9.4.1.3. Vehicle Type breakdown estimates & forecasts, 2020-2030
    9.4.1.4. Maximum Heating Performance breakdown estimates & forecasts, 2020-2030
  9.4.2. Canada High Voltage Electric Heater Market
9.5. Europe High Voltage Electric Heater Market Snapshot
  9.5.1. U.K. High Voltage Electric Heater Market
  9.5.2. Germany High Voltage Electric Heater Market
  9.5.3. France High Voltage Electric Heater Market
  9.5.4. Spain High Voltage Electric Heater Market
  9.5.5. Italy High Voltage Electric Heater Market
  9.5.6. Rest of Europe High Voltage Electric Heater Market
9.6. Asia-Pacific High Voltage Electric Heater Market Snapshot
  9.6.1. China High Voltage Electric Heater Market
  9.6.2. India High Voltage Electric Heater Market
  9.6.3. Japan High Voltage Electric Heater Market
  9.6.4. Australia High Voltage Electric Heater Market
  9.6.5. South Korea High Voltage Electric Heater Market
  9.6.6. Rest of Asia Pacific High Voltage Electric Heater Market
9.7. Latin America High Voltage Electric Heater Market Snapshot
  9.7.1. Brazil High Voltage Electric Heater Market
  9.7.2. Mexico High Voltage Electric Heater Market
9.8. Middle East & Africa High Voltage Electric Heater Market
  9.8.1. Saudi Arabia High Voltage Electric Heater Market
  9.8.2. South Africa High Voltage Electric Heater Market
  9.8.3. Rest of Middle East & Africa High Voltage Electric Heater Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Key Company SWOT Analysis
  10.1.1. Company
  10.1.2. Company
  10.1.3. Company
10.2. Top Market Strategies
10.3. Company Profiles
  10.3.1. BorgWarner Inc
    10.3.1.1. Key Information
    10.3.1.2. Overview
    10.3.1.3. Financial (Subject to Data Availability)
    10.3.1.4. Product Summary
    10.3.1.5. Recent Developments
  10.3.2. Eberspдcher Gruppe GmbH & Co. KG
  10.3.3. Webasto SE
  10.3.4. Mahle GmbH
  10.3.5. Woory Corporation
  10.3.6. DBK David + Baader GmbH
  10.3.7. Tutco Inc
  10.3.8. LG Electronics Inc.
  10.3.9. Mitsubishi Heavy Industries Ltd
  10.3.10. Smiths Group

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global High Voltage Electric Heater Market, report scope
TABLE 2. Global High Voltage Electric Heater Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global High Voltage Electric Heater Market estimates & forecasts by Product Type 2020-2030 (USD Million)
TABLE 4. Global High Voltage Electric Heater Market estimates & forecasts by Vehicle Technology 2020-2030 (USD Million)
TABLE 5. Global High Voltage Electric Heater Market estimates & forecasts by Vehicle Type 2020-2030 (USD Million)
TABLE 6. Global High Voltage Electric Heater Market estimates & forecasts by Maximum Heating Performance 2020-2030 (USD Million)
TABLE 7. Global High Voltage Electric Heater Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8. Global High Voltage Electric Heater Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global High Voltage Electric Heater Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global High Voltage Electric Heater Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global High Voltage Electric Heater Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global High Voltage Electric Heater Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global High Voltage Electric Heater Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global High Voltage Electric Heater Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. Global High Voltage Electric Heater Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. Global High Voltage Electric Heater Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 17. U.S. High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 18. U.S. High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 19. U.S. High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 20. Canada High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 21. Canada High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 22. Canada High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 23. UK High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 24. UK High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 25. UK High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 26. Germany High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 27. Germany High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 28. Germany High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 29. France High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 30. France High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 31. France High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 32. Italy High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 33. Italy High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 34. Italy High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 35. Spain High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 36. Spain High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 37. Spain High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 38. RoE High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 39. RoE High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 40. RoE High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 41. China High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 42. China High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 43. China High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 44. India High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 45. India High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 46. India High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 47. Japan High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 48. Japan High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 49. Japan High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 50. South Korea High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 51. South Korea High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 52. South Korea High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 53. Australia High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 54. Australia High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 55. Australia High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 56. RoAPAC High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 57. RoAPAC High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 58. RoAPAC High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 59. Brazil High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 60. Brazil High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 61. Brazil High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 62. Mexico High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 63. Mexico High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 64. Mexico High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 65. RoLA High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 66. RoLA High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 67. RoLA High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 68. Saudi Arabia High Voltage Electric Heater Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 69. South Africa High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 70. RoMEA High Voltage Electric Heater Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 71. List of secondary sources, used in the study of global High Voltage Electric Heater Market
TABLE 72. List of primary sources, used in the study of global High Voltage Electric Heater Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global High Voltage Electric Heater Market, research methodology
FIG 2. Global High Voltage Electric Heater Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global High Voltage Electric Heater Market, key trends 2022
FIG 5. Global High Voltage Electric Heater Market, growth prospects 2023-2030
FIG 6. Global High Voltage Electric Heater Market, porters 5 force model
FIG 7. Global High Voltage Electric Heater Market, pest analysis
FIG 8. Global High Voltage Electric Heater Market, value chain analysis
FIG 9. Global High Voltage Electric Heater Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global High Voltage Electric Heater Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global High Voltage Electric Heater Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global High Voltage Electric Heater Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global High Voltage Electric Heater Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global High Voltage Electric Heater Market, regional snapshot 2020 & 2030
FIG 15. North America High Voltage Electric Heater Market 2020 & 2030 (USD Million)
FIG 16. Europe High Voltage Electric Heater Market 2020 & 2030 (USD Million)
FIG 17. Asia Pacific High Voltage Electric Heater Market 2020 & 2030 (USD Million)
FIG 18. Latin America High Voltage Electric Heater Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa High Voltage Electric Heater Market 2020 & 2030 (USD Million)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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