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High Voltage Electric Heater Market is anticipated to reach US$ 733.45 Bn. by 2029 from US$ 140 Bn. in 2021 at a CAGR of 23% during a forecast period.

Electric cars and hybrid electric vehicles, which are becoming more popular than ever, are still being investigated by the automotive industry. Thus, Key players across the globe are increasing cost-effective products and incorporating new features into their current offerings. In addition, technological advances in the electrical industry are expected to offer growth possibilities for high voltage electric heaters. Region-wise, the Asia Pacific is expected to grow at % during the forecast period owing to increasing sales of electric vehicles and higher adoption rates of green technologies in countries, like South Korea, India, and China.

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