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Automotive PTC Heater Market Share

Report ID: GMI12592
Published Date: Dec 2024
Report Format: PDF

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Automotive PTC Heater Market Share

Automotive PTC Heater Company Market Share, 2024

Webasto, Eberspächer Group, BorgWarner, Mahle GmbH, Valeo S.A., LG Electronics, and KLC hold a significant market share of over 42% in the automotive PTC heater industry. Due to their strong reputation for high-quality, innovative heating solutions, Eberspächer Group and LG Electronics dominate the automotive PTC heater market. Eberspächer, with its vast experience in automotive climate control systems, provides efficient, compact, and reliable PTC heaters. On the other hand, LG Electronics utilizes its proficiency in electronic components and thermal management tailored for the automotive sector. Both firms heavily invest in research and development, solidifying their leadership in advanced automotive heating technologies. This is especially pertinent for electric vehicles, where efficiency and energy consumption are paramount.

Automotive PTC Heater Market Companies

Major players operating in the automotive PTC heater industry include:

Anhui Ankai Electric
BorgWarner
Dongguan Sanyou Electrical Appliances
Eberspächer Group
KLC
LG Electronics
Mahle GmbH
Shanghai Xinye Electronics
Valeo S.A.
Webasto

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of automotive PTC heater reached USD 823.6 million in 2024 and is set to grow at a 13.3% CAGR from 2025 to 2034, driven by the increasing demand for cabin heating in electric vehicles (EVs).

The OEM segment captured 64.9% of the market share in 2024, as original equipment manufacturers (OEMs) integrate these heating systems directly into vehicle production, emphasizing reliability and performance.

The North America market accounted for 33% of the revenue share in 2024, led by its advanced automotive industry, large consumer base, and significant production of electric vehicles (EVs).

The key players in the industry include Anhui Ankai Electric, BorgWarner, Dongguan Sanyou Electrical Appliances, Eberspächer Group, KLC, LG Electronics, Mahle GmbH, Shanghai Xinye Electronics, Valeo S.A., and Webasto.