Market Overview:
The global automotive parking heaters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger cars and commercial vehicles, globally. In addition, the growing awareness about the benefits of using automotive parking heaters is also contributing to the growth of this market. The global automotive parking heater market can be segmented on the basis of type into diesel and gasoline-powered heating systems. The diesel-powered heating system segment is expected to hold a larger share in terms of revenue in 2018 as compared to that of gasoline-powered heating system segment; however, over the forecast period, both segments are expected to witness moderate growth rates. On the basis of application, OEMs (original equipment manufacturers) held a dominant share in 2017 and are anticipated to continue its dominance throughout 2030 owing high installation rate across new vehicles models launched every year globally; however, with increase in awareness about aftermarket products among consumers across different regions worldwide will create opportunities for aftermarket players over next decade .
Product Definition:
An automotive parking heater is a device used to heat the interior of a parked vehicle, typically using the engine's exhaust gas.
Diesel:
Diesel is a fossil fuel, which is extensively used for transportation and power generation. It's major application in automotive parking heaters market includes heavy duty vehicles such as trucks, buses, trailers and container carriers. The growth factor of the diesel segment in the automotive parking heaters market can be attributed to its high calorific value (CAL), which raises the temperature inside the vehicle cabin when it's used as a fuel.
Gasoline:
Gasoline is a liquid petroleum product that is refined from crude oil. It consists of hydrocarbons which are primarily used as fuel in internal combustion engines. The color of gasoline varies between pale yellow to deep red depends on the method of refining and the degree of purification required. Pure gasoline has no color and can be poured into any container like water, however, it has very distinct aroma when being opened and stored for a while.
Application Insights:
OEMs held the largest share of over 70.0% in 2017. The demand for OEMs is high as they are equipped with a built-in safety mechanism that switches off the engine if the vehicle is stationary for too long. This parking heater is an essential component in any vehicle and hence, it can be expected that this segment will continue to dominate throughout the forecast period owing to its numerous advantages such as energy efficiency, easy installation and maintenance along with a cost-effective solution compared to aftermarket products.
The demand for gasoline engines has increased significantly due to their ability to provide longer heaters at lower costs than diesel counterparts.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of prominent players such as Continental AG, and Autoliv, Inc. Moreover, increasing demand for premium cars with advanced safety features is expected to drive regional growth over the forecast period. Europe accounted for a significant share in terms of revenue due to an increase in demand from countries such as Germany and France. The region is anticipated to witness steady growth over the forecast period owing to rising investments by automakers on R&D activities related parking assistance systems (PAS). Asia Pacific is projected to exhibit lucrative CAGR during the forecast years due its rapidly growing economy along with increasing automotive production capacity across key manufacturers including Toyota Industries Corporation; Suzuki Motor Corporation; Honda Motor Co., Ltd.; Nissan Motors Ltd.; Mitsubishi Electric Corporation; Isuzu Motors Ltd.; among others. Furthermore, favorable government regulations aimed at reducing vehicular emissions are expected drive regional growth over next few years (till 2030).
Growth Factors:
- Increasing demand for luxury and comfort vehicles
- Growing automotive industry in developing countries
- Rising disposable income of consumers in emerging markets
- Technological advancements in parking heaters
- Stringent government regulations for vehicle emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Parking Heaters Market Research Report
By Type
Diesel, Gasoline
By Application
OEMs, Aftermarket
By Companies
Eberspacher, Digades, Webasto, Victor Industries, Frost-Thermo King, Pro-West Refrigeration, Eberspacher
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Parking Heaters Market Report Segments:
The global Automotive Parking Heaters market is segmented on the basis of:
Types
Diesel, Gasoline
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEMs, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eberspacher
- Digades
- Webasto
- Victor Industries
- Frost-Thermo King
- Pro-West Refrigeration
- Eberspacher
Highlights of The Automotive Parking Heaters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Diesel
- Gasoline
- By Application:
- OEMs
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Parking Heaters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive parking heaters are devices that help keep a car warm while it is parked. They work by using the heat from the engine to generate warmth, which can then be distributed throughout the car.
Some of the key players operating in the automotive parking heaters market are Eberspacher, Digades, Webasto, Victor Industries, Frost-Thermo King, Pro-West Refrigeration, Eberspacher.
The automotive parking heaters market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Parking Heaters Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automotive Parking Heaters Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Parking Heaters Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automotive Parking Heaters Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automotive Parking Heaters Market Size & Forecast, 2020-2028 4.5.1 Automotive Parking Heaters Market Size and Y-o-Y Growth 4.5.2 Automotive Parking Heaters Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Diesel
5.2.2 Gasoline
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 OEMs
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Parking Heaters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Parking Heaters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Diesel
9.6.2 Gasoline
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 OEMs
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Diesel
10.6.2 Gasoline
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 OEMs
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Diesel
11.6.2 Gasoline
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 OEMs
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Diesel
12.6.2 Gasoline
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 OEMs
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Diesel
13.6.2 Gasoline
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 OEMs
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Parking Heaters Market: Competitive Dashboard
14.2 Global Automotive Parking Heaters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eberspacher
14.3.2 Digades
14.3.3 Webasto
14.3.4 Victor Industries
14.3.5 Frost-Thermo King
14.3.6 Pro-West Refrigeration
14.3.7 Eberspacher