Report overview
Automotive thermal management technologies are primarily used for reducing fuel emissions and improving passenger comfort. Its major functions include reducing thermal loads, transferring heat efficiently, and reusing of waste heat. An automotive thermal management monitors and controls the operating temperature of various automobile systems such as power electronics, battery, electric drive units, engine, transmission, and passenger cabin area to improve the efficiency and prevent damage to the components.
This report aims to provide a comprehensive presentation of the global market for Automotive Thermal Management, 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 Automotive Thermal Management. This report contains market size and forecasts of Automotive Thermal Management in global, including the following market information:
Global Automotive Thermal Management Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Automotive Thermal Management market was valued at US$ 42030 million in 2022 and is projected to reach US$ 50250 million by 2029, at a CAGR of 2.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The study estimates reduced HVAC system loading technology as the fastest-growing market. The use of the HVAC system loading technology is expected to result in an increase in the fuel economy of a vehicle, less wear and tear of the engine, reduction in environmental pollution, and increased engine performance. Hence, in the future, the adoption of this technology can be seen in the vehicles.
We surveyed the Automotive Thermal Management companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Thermal Management Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Automotive Thermal Management Market Segment Percentages, by Type, 2022 (%)
Active Transmission Warmup
Exhaust Gas Recirculation(EGR)
Engine Thermal Mass Reduction
Reduced HVAC System Loading
Other Technologies
Global Automotive Thermal Management Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Automotive Thermal Management Market Segment Percentages, by Application, 2022 (%)
Passenger Car
Light Commercial Vehicle (LCV)
Truck
Bus
Global Automotive Thermal Management Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Automotive Thermal Management 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 Automotive Thermal Management revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Automotive Thermal Management revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Denso
Gentherm
MAHLE
Valeo
Borgwarner
Dana
Calsonic Kansei
Eberspacher
Continental
Schaeffler
Captherm
Bosch
Hella
Johnson Electric
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Thermal Management, market overview.
Chapter 2: Global Automotive Thermal Management market size in revenue.
Chapter 3: Detailed analysis of Automotive Thermal Management company competitive landscape, revenue and 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 Automotive Thermal Management 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: The main points and conclusions of the report.