Global Automobile High Voltage Coolant Heaters Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Automobile High Voltage Coolant Heaters Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

The Automotive High-Pressure Coolant Heater (HVCH) is a thermal management solution for electric and hybrid vehicles that quickly heats the battery to improve battery performance during start-up. According to power classification, automobile high-pressure coolant heaters can be divided into high-pressure coolant heaters less than or equal to 3kw, greater than 3kw and less than or equal to 6kw, greater than 6kw but less than or equal to 8kw and above 8kw.

Market Overview:

The latest research study on the global Automobile High Voltage Coolant Heaters market finds that the global Automobile High Voltage Coolant Heaters market reached a value of USD 1435.35 million in 2023. It’s expected that the market will achieve USD 4393.44 million by 2029, exhibiting a CAGR of 20.5% during the forecast period.

Capital size barriers

The automotive high-pressure coolant heater industry is a capital-intensive industry. The production process is long and involves many processes. It requires a large amount of production and testing equipment, a large investment in fixed assets, and high capital requirements for industry entrants. At the same time, in order to meet customers' purchasing needs, stable production sites, effective information management systems and sufficient working capital are also needed. Huge capital investment requires a long period of operation to obtain returns, and is limited by production capacity and market share in the early stage of investment. The return level is significantly lower than that of mature enterprises, which will pose huge financial pressure to new enterprises. Therefore, only manufacturers with large production scale and strong quality assurance capabilities can provide downstream customers with on-time, quality, and quantity supplies, while new entrants often find it difficult to meet the corresponding scale and quality requirements in the short term. .

Region Overview:

In 2022, the share of the Automobile High Voltage Coolant Heaters market in Asia Pacific stood at 68.01%.

Company Overview:

Eberspacher is one of the world's leading system developers and suppliers, specializing in exhaust technology, vehicle heaters and passenger car air conditioning systems. It is also a professional innovation partner for the automotive industry in automotive electronic systems and special vehicle air conditioning. The company's three major business units are: Prime, a subsidiary of Eberspächer (focused on exhaust technology and acoustic solutions); Climate Control Systems (thermal management solutions for all models); Automotive Control (used in automotive applications, vehicle safety Electronics expertise in power distribution and battery management systems). New business areas currently include hydrogen migration (mobile and stationary hydrogen fuel cell applications).

Borgwarner Inc is a supplier of technology solutions for internal combustion, hybrid and electric vehicles. The company's Air Management segment provides technologies such as turbochargers, eBoosters, eTurbos, timing systems, emissions systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery heaters and battery charging. The Electric Propulsion and Powertrain Systems segment provides technologies such as rotating electrical components, power electronics, control modules, software, friction and mechanical products for automatic transmission products. The Fuel Injection segment develops and manufactures gasoline and diesel fuel injection components and systems. Products offered by the Aftermarket segment include a variety of solutions covering the categories of fuel injection, electronics and engine management, maintenance and test equipment, and vehicle diagnostics. The company also provides engineering and product development services for a variety of products through Drivetek AG.

Eberspacher is one of the major players operating in the Automobile High Voltage Coolant Heaters market, holding a share of 25.80% in 2023.

Segmentation Overview:

By type, Less than or equal to 8 kilowatts segment accounted for the largest share of market in 2022.

Application Overview:

The market's largest segment by application is the segment Pure electric vehicle, with a market share of 81.30% in 2022.

Key Companies in the global Automobile High Voltage Coolant Heaters market covered in Chapter 3:

Shanghai Fengtian Electronic Co., Ltd.
Eberspacher
Webasto Group
BorgWarner
Huagong Tech Company Limited
DBK Group
Valeo

In Chapter 4 and Chapter 14.2, on the basis of types, the Automobile High Voltage Coolant Heaters market from 2019 to 2030 is primarily split into:

Less than or equal to 8 kilowatts
More than 8 kilowatts

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Automobile High Voltage Coolant Heaters market from 2019 to 2030 covers:

Pure electric vehicle
Plug-in hybrid

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)