Market Overview:
The global PTC heaters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient heating solutions across different applications, such as automotive, appliance, and others. In addition, the growing awareness about the benefits of using PTC heaters is also contributing to the growth of this market. The global PTC heaters market can be segmented on the basis of type into honeycomb PTC heater, air heater, and others. Honeycomb PTC heater is expected to account for a major share in terms of revenue in 2018 owing to its high efficiency and low power consumption as compared to other types of PTC heaters. On the basis of application, automotive is expected to account for a major share in terms of revenue in 2018 followed by appliance and others segments respectively.
Product Definition:
PTC heaters are resistors that generate heat when electrical current is passed through them. They are often used in consumer electronics to keep them from turning off due to inactivity, as well as to regulate the temperature of the device.
Honeycomb Ptc Heater:
Honeycomb PTCT heaters are thin-walled, open-celled structures that are made up of a series of hexagonal cells. These cells have a thermally conductive adhesive between them, which helps the heat transfer process to occur efficiently. The most common type of Honeycomb PTCT heater is made up of an aluminum foil base with a paper towel top layer and is used for warming or cooling products in offices and houses.
Ptc Air Heater:
Aptly named as the heat exchanger, the PTC air heater is used in gas turbine engines to provide thermal insulation. The heat exchangers are made of different materials such as copper and aluminum. Copper is highly preferred owing to its properties such as high thermal conductivity and low cost. Aluminum alloys are also used on account of their lightweight property which helps in improving fuel efficiency along with reducing emissions from the engine exhausts at high temperatures.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 40% in 2017. Rising demand for passenger and commercial vehicles is expected to drive product demand in this application segment over the forecast period. PTC heaters are used across various industries including transportation, aerospace, industrial machinery and appliances among others owing to their ability to efficiently transfer thermal energy without creating pollution.
The other applications include construction industry equipment such as cutters and mowers which use ptc technology due to its ability of providing even heating with high durability. The rising popularity of these products due to their efficiency is expected fuel market growth over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing automotive production in the region. The growth can be attributed to various factors such as low labor cost, easy availability of raw materials, and government support for manufacturing vehicles in the region.
The Asia Pacific was followed by Europe which accounted for over 25% of global revenue share in 2017 due to high demand from industries including automotive, construction & housing equipment, household appliances etc. Honeycomb ptc heaters are anticipated gain popularity among consumers due rising environmental concerns coupled with safety features offered by honeycomb heaters against fire hazards caused by gas leakageages during product usage lifecycle.
North America is projecteded third amongst all regions owing its dominance in aerospace & defense industry along with other applications where precision temperature control is required such as chemical processing plant and food processing units etc., Moreover, presence of major aircraft manufacturers like Boeing Co.
Growth Factors:
- Increasing demand from the end-use industries: The global PTC heaters market is witnessing a significant growth due to the increasing demand from the end-use industries, such as automotive, consumer electronics, and medical devices.
- Rising awareness about energy efficiency: There is a growing awareness among consumers about energy efficiency and its benefits. This is driving them to adopt PTC heaters in their homes and offices, which are more energy efficient as compared to traditional heating methods.
- Technological advancements: The technological advancements in PTC heater technology are helping manufacturers offer products with enhanced features and performance characteristics. This is resulting in an increase in their adoption by consumers worldwide.
- Growing popularity of smart homes: With the increasing popularity of smart homes, there is a rising demand for home appliances that can be controlled remotely using smartphones or other electronic devices. This is providing a major impetus to the growth of the global PTC heaters market . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
PTC Heaters Market Research Report
By Type
Honeycomb Ptc Heater, Ptc Air Heater, Others
By Application
Automotive, Appliance, Others
By Companies
Xtreme, Amphenol, Pelonis Technologies, Inc., GSI Technologies, GMN, Backer Heating Technologie, MAHLE Group, Jobco, European Thermodynamics Limited, Genesis Automation
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global PTC Heaters Market Report Segments:
The global PTC Heaters market is segmented on the basis of:
Types
Honeycomb Ptc Heater, Ptc Air Heater, Others
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
Automotive, Appliance, Others
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:
- Xtreme
- Amphenol
- Pelonis Technologies, Inc.
- GSI Technologies
- GMN
- Backer Heating Technologie
- MAHLE Group
- Jobco
- European Thermodynamics Limited
- Genesis Automation
Highlights of The PTC 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:
- Honeycomb Ptc Heater
- Ptc Air Heater
- Others
- By Application:
- Automotive
- Appliance
- Others
- 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 PTC 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?
PTC Heaters are a type of electric heater that uses a small, low-power electronic control unit to maintain the desired temperature. This type of heater is often used in small spaces where space is limited or where an open flame would be inappropriate.
Some of the major companies in the ptc heaters market are Xtreme, Amphenol, Pelonis Technologies, Inc., GSI Technologies, GMN, Backer Heating Technologie, MAHLE Group, Jobco, European Thermodynamics Limited, Genesis Automation.
The ptc heaters market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PTC Heaters Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. PTC Heaters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PTC Heaters Market - Supply Chain
4.5. Global PTC Heaters Market Forecast
4.5.1. PTC Heaters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PTC Heaters Market Size (000 Units) and Y-o-Y Growth
4.5.3. PTC Heaters Market Absolute $ Opportunity
5. Global PTC Heaters Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. PTC Heaters Market Size and Volume Forecast by Type
5.3.1. Honeycomb Ptc Heater
5.3.2. Ptc Air Heater
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PTC Heaters Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. PTC Heaters Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Appliance
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PTC Heaters Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. PTC Heaters Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global PTC Heaters Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. PTC Heaters Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global PTC Heaters Demand Share Forecast, 2019-2026
9. North America PTC Heaters Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America PTC Heaters Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America PTC Heaters Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Appliance
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PTC Heaters Market Size and Volume Forecast by Type
9.7.1. Honeycomb Ptc Heater
9.7.2. Ptc Air Heater
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America PTC Heaters Demand Share Forecast, 2019-2026
10. Latin America PTC Heaters Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America PTC Heaters Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America PTC Heaters Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Appliance
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PTC Heaters Market Size and Volume Forecast by Type
10.7.1. Honeycomb Ptc Heater
10.7.2. Ptc Air Heater
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America PTC Heaters Demand Share Forecast, 2019-2026
11. Europe PTC Heaters Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe PTC Heaters Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe PTC Heaters Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Appliance
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PTC Heaters Market Size and Volume Forecast by Type
11.7.1. Honeycomb Ptc Heater
11.7.2. Ptc Air Heater
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe PTC Heaters Demand Share, 2019-2026
12. Asia Pacific PTC Heaters Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific PTC Heaters Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific PTC Heaters Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Appliance
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PTC Heaters Market Size and Volume Forecast by Type
12.7.1. Honeycomb Ptc Heater
12.7.2. Ptc Air Heater
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific PTC Heaters Demand Share, 2019-2026
13. Middle East & Africa PTC Heaters Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa PTC Heaters Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa PTC Heaters Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Appliance
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PTC Heaters Market Size and Volume Forecast by Type
13.7.1. Honeycomb Ptc Heater
13.7.2. Ptc Air Heater
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa PTC Heaters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global PTC Heaters Market: Market Share Analysis
14.2. PTC Heaters Distributors and Customers
14.3. PTC Heaters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Xtreme
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Amphenol
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Pelonis Technologies, Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GSI Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GMN
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Backer Heating Technologie
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MAHLE Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jobco
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. European Thermodynamics Limited
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Genesis Automation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
