Global Automotive Coolant Heater Market- Forecast and Analysis

  • Global Automotive Coolant Heater Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 4.1% from 2019 to 2027, reaching nearly US$ XX Bn.

     

    Global Automotive Coolant Heater Market

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    Global Automotive Coolant Heater Market: Market Overview

    Automotive coolant heater pre-heats the vehicle coolant, to start the engine at low temperature. It also ensures the supply of warm fuel to the engine of vehicle during cold weather, also preventing the engine from wearing out. It also preserves the vehicle engine from freezing and overheating.
    Global Automotive Coolant Heater Market: Market Dynamics

    Rising demand of coolant heater in cold weather countries, which leads to freezing of liquid like oil, fuel, coolant in vehicles anticipated the growth of the global automotive coolant heater market during the forecast period. Countries such as Russia, Canada, Germany experience cold weather, the vehicle owners are facing the problem of starting and ignition, which increases the wear and reduces the engine life. To prevent the vehicle engine from wear by supplying warm fuel in cold weather increases the demand of the coolant heater, which in turn fuels the growth of the market. Regulations enacted by regulatory bodies are compelling automakers to upgrade vehicle economy, resulting into fueling the demand of the automotive coolant heater.

    The manufacturers start adding the antifreeze additives like ethylene glycol in coolant to resist the cold temperature which reduces the demand for the coolant heater, which restrain the growth of the market over the estimated period. Rise in trends of adoption of electric vehicles across the globe as increasing awareness about environment pollution by 〖CO〗_2 emission, hinder the growth of the market during the forecast period.
    Global Automotive Coolant Heater Market: Market Segmentation

    Global Automotive Coolant Heater market is segmented by Vehicle type, by Voltage, by Fuel type and by region. The passenger vehicle segment of vehicle type is expected to rise with highest CAGR over the forecast period, as increasing the sales of the passenger vehicle across the globe. The gasoline segment of fuel type is booming the share of this segment, as many nations banned diesel engine for reducing the CO2 emission which pollutes the environment. The 24V supply is more compatible, this segment is expected to grow with highest CAGR over the estimated year.
    Global Automotive Coolant Heater Market: Regional Analysis

    The regional analysis of global Automotive Coolant Heater market is segregated across North America, Europe, Asia Pacific, Middle East and Africa, and South America. Europe is dominating the global Automotive Coolant Heater market, followed by North America during the forecast period. Countries of Europe including France, Germany, Spain, and Russia are home to majority of the aftermarket players. The manufacturer spends significant revenue on research and development to increase the vehicle life. These are some of the major factors which fueled the automotive coolant heater market in Europe.

    The objective of the report is to present a comprehensive analysis of the Global Automotive Coolant Heater Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
    The report also helps in understanding the Global Automotive Coolant Heater Market dynamics, structure by analyzing the market segments and projects the Global Automotive Coolant Heater Market size. Clear representation of competitive analysis of key players by Fuel type, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Automotive Coolant Heater Market make the report investor’s guide.

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    Scope of the Global Automotive Coolant Heater Market: Inquire before buying

    Global Automotive Coolant Heater Market, by Vehicle type

    • Light commercial vehicle
    • Heavy commercial vehicle
    • Passenger vehicle
    Global Automotive Coolant Heater Market, by Voltage

    • 12V
    • 24V
    Global Automotive Coolant Heater Market, by Fuel type

    • Gasoline
    • Diesel
    Global Automotive Coolant Heater Market, by Region

    • Asia Pacific
     India
     China
     Japan
     South Korea
     Australia
     Indonesia
     Malaysia
     Vietnam
     Rest of Asia
    • North America
     U.S.
     Canada
    • Europe
     U.K
     Germany
     France
     Russia
     Spain
     Italy
     Sweden
    • South America
     Mexico
     Brazil
     Rest of South America
    • Middle East & Africa
     GCC
     South Africa
     Rest of MEA
    Global Automotive Coolant Heater Market, Key Players

    • Phillips & Temro Industries
    • Webasto Thermo & Comfort
    • SAM Integrations Pvt. Ltd.
    • LF Bros
    • GENTHERM
    • TOPS Industry & Technology Co., Ltd.
    • VVKB
    • Hotstart Thermal Management
    • Preheat Engineering
    • BorgWarner Inc.
    • Hotstart Thermal Management
    • Worry Corporation
    • Calix Ab
    • Eberspächer Gruppe GmbH & Co. KG

     

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