Report overview
Automotive Thermostat is a temperature controlled on and off valve. When the temperature rises to a predetermined temperature, the thermostat opens up to allow the engine coolant to flow through the cylinder block and the radiator. This flow is crucial to maintain optimum operating temperature for fuel efficiency, enhanced drivability, and engine protection. The coolant flow is reduced when the engine is cold, and the flow is increased when the engine is hot.
This report aims to provide a comprehensive presentation of the global market for Passenger Vehicle Thermostats, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Passenger Vehicle Thermostats. This report contains market size and forecasts of Passenger Vehicle Thermostats in global, including the following market information:
Global Passenger Vehicle Thermostats Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Passenger Vehicle Thermostats Market Sales, 2018-2023, 2024-2029, (M Units)
Global top five Passenger Vehicle Thermostats companies in 2022 (%)
The global Passenger Vehicle Thermostats market was valued at US$ 790.5 million in 2022 and is projected to reach US$ 1048.4 million by 2029, at a CAGR of 4.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia Pacific is the largest consumption region of the Passenger Vehicle Thermostat, holds above 37% sales market in 2019, followed by Europe, with about 32%.
The Passenger Vehicle Thermostat is classified into the Insert Thermostat and Housing Thermostat according to the product type. As of 2019, Insert Thermostat segment dominates the market contributing more than 75% of the total market.
The Passenger Vehicle Thermostat market is relative fragment market; key players include Nippon Thermostat, Arlington Industries Group, Mahle, Stant Corporation, Qufu TEMB, Kirpart, Fuji Bellows, Ningbo Xingci Thermal, Vernet, INZI Controls, Gates Corporation, Dongfeng-Fuji-Thomson, Ruian Wantai Auto, TAMA, Kuzeh; the revenue of top ten manufacturers accounts about 60% of the total revenue, in 2019. The high-end products mainly come from Europe and Japan.
We surveyed the Passenger Vehicle Thermostats manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Passenger Vehicle Thermostats Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Passenger Vehicle Thermostats Market Segment Percentages, by Type, 2022 (%)
Insert Thermostat
Housing Thermostat
Global Passenger Vehicle Thermostats Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Passenger Vehicle Thermostats Market Segment Percentages, by Application, 2022 (%)
Sedan
Pickup
SUV
Global Passenger Vehicle Thermostats Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Passenger Vehicle Thermostats Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Passenger Vehicle Thermostats revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Passenger Vehicle Thermostats revenues share in global market, 2022 (%)
Key companies Passenger Vehicle Thermostats sales in global market, 2018-2023 (Estimated), (M Units)
Key companies Passenger Vehicle Thermostats sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nippon Thermostat
Arlington Industries Group
Mahle
Stant Corporation
Qufu TEMB
Kirpart
Fuji Bellows
Ningbo Xingci Thermal
Vernet
INZI Controls
Gates Corporation
Dongfeng-Fuji-Thomson
Ruian Wantai Auto
TAMA
Kuzeh
Outline of Major Chapters:
Chapter 1: Introduces the definition of Passenger Vehicle Thermostats, market overview.
Chapter 2: Global Passenger Vehicle Thermostats market size in revenue and volume.
Chapter 3: Detailed analysis of Passenger Vehicle Thermostats manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Passenger Vehicle Thermostats in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Passenger Vehicle Thermostats capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
