The PTC Heaters Market is expected to grow from USD 3.41 Billion in 2018 to USD 7.27 Billion by 2026, at a CAGR of 7.9%. PTC heaters with high voltage are specially designed for electric and hybrid vehicles as there is no engine exhaust heat available during winter in electric vehicles.
PTC heaters also have a high heating capacity and are quick to operate. Therefore, the PTC Heater market is expected to boost during the forecast period.
Increasing demand for electric vehicles (EVs) is the most important factor that will drive the future demand for the PTC heaters market.
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Further key findings from the report suggest
Type (Revenue, USD Million; 2016–2026)
Application (Revenue, USD Million; 2016–2026)
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Based on the regional analysis, the market is divided into key geographical regions:
The regional analysis covers a country wise analysis of each major region and offers critical insights into revenue growth, market share, market growth, current and emerging trends, production and consumption ratio, demand and trends, presence of key players in each region, and other key factors influencing the regional growth.
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
3.1. Macro Indicators
3.1.1. Global usage of PTC Heaters
3.1.2. Global PTC Heaters consumption by Application Type
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