Parking heaters are devices that preheat the automotive interiors and make driving comfortable for the driver and passengers. The system has remote accessibility and can be controlled using a timer or a smartphone app. In countries where winters are harsh, automotive parking heaters are used to maintain the temperature of the engines and interiors of the cars. This device warms the interior (including the engine) before the driver or a passenger gets inside the car. The user can activate parking heaters even from home with the help of timers, remote controls, or mobile phones.
Technavio’s analysts forecast the global automotive parking heater market to grow at a CAGR of 3.72% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global automotive parking heater market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio's report, Global Automotive Parking Heater Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors • Victor Industries • Frost-Thermo King
Market driver • Emergence of aftermarket DIY preheaters • For a full, detailed list, view our report
Market challenge • Gradual increase in annual wages leading to declining profit margins • For a full, detailed list, view our report
Market trend • Growing popularity of mobile apps and connectivity solutions • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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• Oct 2018
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