Report overview
Automotive thermal system is concern with the management of liquid, temperature and air. It increases the comfort of the passengers by taking care of the temperature inside the vehicle. The main components of automotive thermal system are powertrain cooling, ventilation & AC, battery thermal management, power device cooling and waste heat recovery.
This report aims to provide a comprehensive presentation of the global market for Automotive Thermal System, 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 System. This report contains market size and forecasts of Automotive Thermal System in global, including the following market information:
Global Automotive Thermal System Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Automotive Thermal System market was valued at US$ 42570 million in 2022 and is projected to reach US$ 64130 million by 2030, at a CAGR of 6.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The rise in cost of the automotive thermal system is a major challenge restraining the growth of the market. Advanced and improved technology comes at a higher cost. Huge investment is required for research and development which in turn increases the cost of thermal systems, hence leading to increase in the price of automobiles. Increasing demand for thermal systems that run on alternative fuels such as bio-alcohols, liquid hydrogen, propane, P-Series fuels, and ethanol is a key opportunity for the growth of the market in the near future.
We surveyed the Automotive Thermal System 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 System Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Automotive Thermal System Market Segment Percentages, by Type, 2022 (%)
Compressor
HVAC
Powertrain Cooling
Fluid Transport
Global Automotive Thermal System Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Automotive Thermal System Market Segment Percentages, by Application, 2022 (%)
Passenger Cars
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)
Global Automotive Thermal System Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Automotive Thermal System 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 System revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Automotive Thermal System revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
General Motors Company
Denso Corporation
Magma International Inc.
Valeo
Ford Motor Company
Delphi Automotive PLC
BorgWarener Automotive Powertrain Systems Corp
ZF Friedrichshafen AG
Hyundai Motor Company
Continental AG
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Thermal System, market overview.
Chapter 2: Global Automotive Thermal System market size in revenue.
Chapter 3: Detailed analysis of Automotive Thermal System 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 System 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.
