Market Overview:
The global PTC heating elements 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. Additionally, the growing awareness about the benefits of using PTC heating elements is also contributing to the growth of this market. The global PTC heating elements market can be segmented on the basis of type into honeycomb Ptc heater, ptc air heater, and others. On the basis of application, this market can be segmented into automotive, appliance, and others. Geographically speaking, North America is expected to lead this market during the forecast period owing to factors such as technological advancements in terms of product offerings and rising demand for energy-efficient solutions across different applications in this region.
Product Definition:
PTC (Positive Temperature Coefficient) heating elements are a type of thermal resistor that heat up when current is applied, and have a positive coefficient of resistance - meaning that their resistance increases as the temperature increases. This makes them ideal for use in temperature-sensitive applications such as thermostats and sensors.
Honeycomb Ptc Heater:
Honeycomb PTCT is a heat exchanger made up of many small cells or tiny panels joined together to form a large surface. The structure has high thermal efficiency and low operating costs. Honeycomb structures are used in various applications including solar thermal, industrial process, space technology and building energy storage systems.
Ptc Air Heater:
PTC heating elements are made up of non-metallic materials and possess the ability to transfer heat energy from one place to another. PTC (Plastic Test Card) is a type of thermally conductive material used in various electrical appliances such as space heaters, electric blankets, electric lamps, etc. The test card has two parallel lines with different temperatures on it which can be used for measuring the temperature difference between these two lines.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 40% in 2017. The global PTC heating elements market is witnessing significant growth owing to its use in a wide range of automotive applications, such as HVAC, engine cooling, and body electronics. Honeycomb element is most commonly used for HVAC applications as it provides even heat distribution across the element resulting in improved performance. Ptc air heater is widely used for space heating or industrial purposes and other applications where high thermal efficiency and durability are required. Other application segments include food & beverage processing equipment, textile machinery & processes, pulp & paper machines etc.
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 favorable government policies such as “Make in India†initiative by Indian Government, which will create ample opportunities for PTC heating elements manufacturers over the forecast period.
The European market was valued at USD X million in 2017 and is projected to witness steady growth over the forecast period owing to stringent regulations regarding carbon emission by governments across countries such as Germany, U.K., Italy, Spain among others are anticipated boost demand for PTC heating elements across several applications including industrial furnaces and kilns used for metal melting process among others.
Growth Factors:
- Increasing demand for electric vehicles
- Growing construction and infrastructure activities
- Rising disposable income of consumers in developing countries
- Proliferation of smart homes and buildings
- Technological advancements in heating elements
Scope Of The Report
Report Attributes
Report Details
Report Title
PTC Heating Elements Market Research Report
By Type
Honeycomb Ptc Heater, Ptc Air Heater, Others
By Application
Automotive, Appliance, Others
By Companies
Xtreme, Amphenol, Pelonis Technologies, 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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global PTC Heating Elements Market Report Segments:
The global PTC Heating Elements 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
- GSI Technologies
- GMN
- Backer Heating Technologie
- MAHLE Group
- Jobco
- European Thermodynamics Limited
- Genesis Automation
Highlights of The PTC Heating Elements 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 Heating Elements 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 Heating Elements are a type of heating element that uses the principle of thermionic emission. They are made up of a cathode, an anode, and a conductor. When current is passed through the element, electrons flow from the anode to the cathode. This creates heat because it increases the number of free electrons in the atmosphere.
Some of the major companies in the ptc heating elements market are Xtreme, Amphenol, Pelonis Technologies, GSI Technologies, GMN, Backer Heating Technologie, MAHLE Group, Jobco, European Thermodynamics Limited, Genesis Automation.
The ptc heating elements 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 Heating Elements 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 Heating Elements Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PTC Heating Elements Market - Supply Chain
4.5. Global PTC Heating Elements Market Forecast
4.5.1. PTC Heating Elements Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PTC Heating Elements Market Size (000 Units) and Y-o-Y Growth
4.5.3. PTC Heating Elements Market Absolute $ Opportunity
5. Global PTC Heating Elements 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 Heating Elements 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 Heating Elements 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 Heating Elements 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 Heating Elements 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 Heating Elements 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 Heating Elements 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 Heating Elements 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 Heating Elements Demand Share Forecast, 2019-2029
9. North America PTC Heating Elements 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 Heating Elements 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 Heating Elements 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 Heating Elements 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 Heating Elements Demand Share Forecast, 2019-2029
10. Latin America PTC Heating Elements 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 Heating Elements 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 Heating Elements 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 Heating Elements 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 Heating Elements Demand Share Forecast, 2019-2029
11. Europe PTC Heating Elements 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 Heating Elements 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 Heating Elements 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 Heating Elements 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 Heating Elements Demand Share, 2019-2029
12. Asia Pacific PTC Heating Elements 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 Heating Elements 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 Heating Elements 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 Heating Elements 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 Heating Elements Demand Share, 2019-2029
13. Middle East & Africa PTC Heating Elements 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 Heating Elements 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 Heating Elements 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 Heating Elements 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 Heating Elements Demand Share, 2019-2029
14. Competition Landscape
14.1. Global PTC Heating Elements Market: Market Share Analysis
14.2. PTC Heating Elements Distributors and Customers
14.3. PTC Heating Elements 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
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