(MENAFN- Ameliorate Digital Consultancy)
The automotive heater core market refers to the market for the production and sale of heater cores for use in vehicles. A heater core is a component in a vehicle's heating system that is responsible for warming the interior of the vehicle. It works by circulating hot coolant from the engine to a heat exchanger, which then transfers the heat to the air that is blown into the passenger compartment.
In recent years, the automotive heater core market has experienced significant growth, driven by the increasing demand for comfort and convenience features in vehicles, as well as stringent emissions regulations and the need for improved engine efficiency. With the increasing production of vehicles and the growing popularity of electrified vehicles, the demand for heater cores is expected to continue to grow in the coming years. The market for automotive heater cores is highly competitive, with a large number of manufacturers operating globally. Some of the major players in the market include Behr Hella Service, Denso Corporation, Modine Manufacturing Company, Nissens A/S, and Valeo S.A., among others.
To remain competitive, companies in the automotive heater core market are focusing on the development of innovative products and technologies, such as the use of lightweight materials and the integration of advanced control systems, to improve efficiency and reduce emissions. Additionally, companies are also focusing on expanding their product offerings to meet the diverse needs of customers in different regions.
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Key findings of the Automotive Heater Core market study:
The report provides a present market outlook on Automotive Heater Core. Additionally, the Automotive Heater Core market share is anticipated to grow with a CAGR of 2.9% in the forecast period. Regional breakdown of the Automotive Heater Core market based on predefined taxonomy. Innovative manufacturing processes implemented by Automotive Heater Core vendors in detail. Region-wise and country-wise fragmentation of the Automotive Heater Core market to grasp the revenue, and growth outlook in these areas. Changing preferences among consumers across various regions and countries. Factors (Positive and Negative) impacting the growth of the global Automotive Heater Core market. Automotive Heater Core price, market share, and Trends forecast for assessment period 2018-2028
High Voltage PTC Heaters Integration in Electric Vehicles – 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.
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What makes this Research different from others?
COVID- Impact analysis- The report includes details of the impact of the pandemic on the Automotive Heater Core market further including insights on the pre-COVID situation. Additionally, this report benefits in terms of post-COVID recovery prospects, changing consumer demands, and buying patterns valuable for Automotive Heater Core companies. Industrial trend analysis- The research covers recent trends in the field of Automotive Heater Core which are augmented with the applicable technologies and shifts in industrial processes. The scope for digital and industrial technologies is discussed in order to help client firms to understand the benefits and risks included in light of market trends. Automotive Heater Core Sustainability metrics- The rising concerns of environmentally friendly production and consumption are taken to next level in this research, as research is focused on emerging methods of ensuring sustainability. These insights include climate-friendly initiatives adopted by some players in the industry. Furthermore, details of manufacturers' impact on carbon footprint are evaluated intend to make clients aware of their contribution to sustainable development goals.
Competitive Landscape
The Automotive Heater Core industry is dominated by some prominent players including
The competition in the sector is driven by key parameters such as product price, targeted customer base, and strategic marketing. Major players in the market focused on the Automotive Heater Core market innovation by investing more in research and development. Furthermore, the industry players are focusing on the extensive usage of online distribution channels for enhanced cost-effectiveness. The sustainability in the supply chain is a decisive factor for Automotive Heater Core brands leading to an impact on the margin profits of firms.
Report Benefits & Key Questions Answered
Automotive Heater Core Company & brand share analysis: Company and brand share analysis on Automotive Heater Core reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players Automotive Heater Core Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Automotive Heater Core Automotive Heater Core Category & segment level analysis: Fact.MR's Automotive Heater Core sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level. Automotive Heater Core Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers Post COVID consumer spending on Automotive Heater Core: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments
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