Latest News- Automotive Parking Heater Market: Air heater is expected to lead the Product segment during 2025-2029

The Automotive Parking Heater Market is being driven by Emergence of aftermarket DIY preheaters

The Automotive Parking Heater Market is expected to grow at a CAGR of 6.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3504 million. The global automotive parking heater market is witnessing significant growth due to the integration of advanced smart technology. This trend is transforming the traditional parking heater systems by enabling users to control, monitor, and optimize heating functions remotely. Notable developments include smartphone apps and connectivity solutions, allowing users to initiate heating processes, set timers, and check status from their mobile devices. This enhances user convenience, energy efficiency, and overall functionality, enabling drivers to ensure a warm and comfortable cabin upon entering their vehicles. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Air heater
  • Water heater
• End-user
  • OEMs
  • Aftermarket
• Vehicle Type
  • Passenger cars
  • LCVs
  • HCVs
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • APAC
    • China
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Emergence of aftermarket DIY preheaters
• Increase in demand for luxury cars
• Increasing demand for parking heaters for remote starting of engines

However, the market also witnesses some limitations, which are as follows:

• Growing adoption of public transportation impacting personal vehicle usage
• Gradual increase in annual wages leading to declining profit margins
• High initial costs associated with automotive parking heaters

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Market Scope in Automotive Parking Heater Market Research Report

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Research Analysis Overview

The Automotive Parking Heater market encompasses heating solutions for various vehicles, including boats, RVs, trucks, and emergency rescue vehicles. These heaters, available as diesel and gasoline models, preheat cabin air and engines for improved fuel efficiency and passenger comfort. The working principles involve fuel supply, combustion process, heat transfer, and exhaust system for engine preheating and interior air heating. Installation and maintenance are essential factors, with applications ranging from construction equipment to ships and campervans. Features like remote control, defrosting, and engine wear protection enhance user experience.

Market Research Overview

The automotive parking heater market is a segment of the larger automotive components and equipment industry, encompassing manufacturers of heating solutions for vehicles, including boats, passenger cars (PCs), electric vehicles (EVs), commercial vehicles (CVs), heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers. The market's size is determined by the combined revenue generated from the sales of diesel heaters, gasoline heaters, and parking heaters for preheating cabin air and engines. The global automotive components and equipment market's growth is driven by the increasing demand for electronic components in automobiles, such as electronic control units (ECUs), due to the rising sales of electric vehicles, motorcycles, and passenger cars over the past decade.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/