AUTOMOTIVE AUXILIARY HEATER MARKET ANALYSIS

Automotive Auxiliary Heater MarketSize and Trends

Surge in Demand for Electric Vehicles across the Globe Is Expected To Aid in Growth of the Global Automotive Auxiliary Heaters Market

Automotive auxiliary air heaters have adoption in electric vehicles as the waste heat generated by an electric vehicle is very low and is insufficient for the purpose of heating the vehicle cabin. Therefore, owing to this factor electric vehicles need to install auxiliary heaters as an additional source of heat to warm up the temperature inside the vehicle cabin and defrost the windshield during winters. Furthermore, growing demand for electric vehicles across developed as well as emerging countries such as The United States, India, and China, owing to growing EV buying trend, favorable government regulations to reduce vehicle emission, are expected to boost demand for automotive auxiliary heater over the forecast period. For instance, according to the Global EV Outlook, in May 2019, in North America, 0.36 million new battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV) were deployed in the year 2018.           

Furthermore, in Asia Pacific region, India and China are expected to exhibit substantial growth in the sales of electric vehicles, owing to favorable government policies. For instance, in March 2019, Government of India launched the second phase of 'Faster Adoption and Manufacturing of Electric Vehicles in India' (FAME India) scheme, where government is expected to reduce the purchase price of hybrid and electric vehicles in India and is focusing on implementation of electric vehicles for public or shared transportation. These factors are expected to drive growth of the automotive auxiliary heater market during the forecast period.