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 way users interact with and optimize parking heater systems. Smart technology enhances convenience, energy efficiency, and functionality through features such as remote control via smartphone apps and connectivity solutions. Users can initiate heating, set timers, and monitor status from anywhere, ensuring a warm and comfortable cabin upon entry. This innovation is revolutionizing the automotive industry and setting new standards for user experience. 

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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 systems with varying heater capacities, fuel type compatibility, power output, and operating temperatures. Key features include compatibility with ambient temperatures, exhaust emissions, air quality, fuel tank integration, electrical wiring, installation kits, user interfaces, energy efficiency, durability ratings, reliability assessments, service life, warranty periods, component lifespans, retrofit options, vehicle compatibility, integrated controls, remote start capabilities, fuel economy impact, emissions standards, noise levels (dB), vibration frequencies, heat distribution, thermal efficiencies, safety certifications, installation times, maintenance costs, and repair costs.

Market Research Overview

The automotive parking heater market is a segment of the larger automotive parts and equipment industry, encompassing companies that manufacture fuel-fired heaters, electric heaters, and diesel heaters for parking applications. This market is part of the broader automotive components and equipment sector, which comprises firms producing parts and accessories for various vehicle types, including passenger cars (PCs), electric vehicles (EVs), commercial vehicles (CVs), heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers. According to Technavio's market analysis, the global automotive components and equipment market size is determined by the combined revenue generated by these manufacturers. Key growth drivers for this market include the increasing integration of electronic components in automobiles, such as electronic control units (ECUs) and other electrical components, which has seen significant growth due to rising sales of electric vehicles, motorcycles, and passenger cars over the past decade. Additionally, the adoption of advanced technologies like remote control systems for parking heaters is expected to further fuel market expansion.. 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/