Automotive Thermal Management Market

Automotive Thermal Management Market Segment Analysis

The global market for automotive thermal systems is classified into four categories: component, vehicle type, application, and region. Based on component, the market is further categorised into compressors, HVAC, powertrain cooling, and fluid transfer. The compressor segment is predicted to have the biggest market share, and this dominance is expected to continue throughout the forecast period. One of the primary factors driving the market's growth is the rising use of compressors in A/C systems to absorb the warm air within the vehicle's cabin.

The market is divided into passenger automobiles and commercial vehicles based on vehicle type. The passenger cars segment held the greatest market share, and it is likely to continue to dominate the market with a steady CAGR during the forecast period. The market is predicted to rise because to factors such as growing demand for heated/ ventilated seats, rear and front A/C, and heated steering in passenger vehicles, as well as rising passenger vehicle sales in the APAC region.

The market is divided into front and rear air conditioning, engine and transmission, seat, steering, battery, motor, power electronics, and waste heat recovery based on application. The waste heat recovery category had the biggest market share, and it is predicted to develop at a fast rate. Increased sales of commercial vehicles, as well as the standardisation of exhaust gas recirculation (EGR) and turbochargers, as well as the implementation of waste heat recovery technology in gasoline vehicles due to increased emission norms, are some of the major factors driving the market's growth.

[caption id="attachment_6692" align="alignleft" width="680"] Automotive Thermal Management Market | Exactitude Consultancy[/caption]

Automotive Thermal Management Market Players

Key players in the market include Gentherm Inc, Mahle GmbH, Denso Corporation, Behr GmbH & Co. KG, Valeo, Grayson Thermal Systems, Sanden Corp., United Technologies Corporation, Diakin Industries Ltd, Visteon Corp, Calsonic Kansei Corp, Modine Manufacturing Co., and Lennox International. Inc.

• Gentherm Inc is a leader in thermal technology that designs, develop, and manufacture heating, cooling, and ventilating devices for diverse global markets.
• Mahle GmbH (Mahle) is an engine systems and components manufacturing company. The company supplies piston systems, cylinder components, and other components. It offers products in the area of engine system, filtration, thermal management, and electrics/mechatronics.
• Behr GmbH & Co. KG is a German corporation active in the automobile industry, headquartered in Stuttgart-Feuerbach. It is a specialist for automotive air conditioning and engine cooling systems.

Who Should Buy? Or Key Stakeholders

• Automotive Industry
• Mechanical Sector
• Electrical Industry
• Scientific Research and Development
• Investors
• Manufacturing companies
• End user companies
• Others

Key Takeaways:

• The automotive thermal system market is projected to be growing at a CAGR of 3.8%.
• Based on components, compressor segment is predicted to have the biggest market share.
• Based on vehicle type The passenger cars segment held the greatest market share.
• Based on application the waste heat recovery category had the biggest market share, and it is predicted to develop at a fast rate.
• Asia Pacific was the largest market for automotive thermal systems.
• Integration of advanced materials for improved thermal conductivity and lightweighting in automotive thermal management systems.

Automotive Thermal Management Market Regional Analysis

The global automotive thermal system market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).

• North America: includes the US, Canada, Mexico
• Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
• Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
• South America: includes Brazil, Argentina and Rest of South America
• Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA

Asia Pacific was the largest market for automotive thermal systems, followed by Europe. The demand for construction vehicles has increased as a result of developments in the infrastructure sector. Furthermore, rising disposable income in Asia-Pacific fueled demand for autos, which is likely to stimulate demand for thermal systems. The major contributor to the growth of the automotive thermal system market has been Asia-Pacific. In this region, Japan dominates the premium car segment. Furthermore, the increasing middle class in India and China, as well as the green revolution in the automobile industry, are boosting the Asia-Pacific automotive thermal system market.

[caption id="attachment_6693" align="alignleft" width="680"] Automotive Thermal Management Market | Exactitude Consultancy[/caption]

 Key Market Segments: Automotive Thermal System Market

Automotive Thermal System Market by Component, 2020-2029, (USD Million)

• Compressor
• HVAC
• Powertrain Cooling
• Fluid Transport

Automotive Thermal System Market by Vehicle Type, 2020-2029, (USD Million)

• Passenger Vehicles
• Commercial Vehicles

Automotive Thermal System Market by Application, 2020-2029, (USD Million)

• Front & Rear A/C
• Engine And Transmission
• Seat
• Battery
• Motor
• Waste Heat Recovery
• Power Electronics

Automotive Thermal System Market by Region, 2020-2029, (USD Million)

• North America
• Europe
• Asia Pacific
• South America
• Middle East And Africa

Important countries in all regions are covered.

Key Question Answered

• What are the growth opportunities related to the adoption of automotive thermal system across major regions in the future?
• What are the new trends and advancements in the automotive thermal system market?
• Which product categories are expected to have highest growth rate in the automotive thermal system market?
• Which are the key factors driving the automotive thermal system market?
• What will the market growth rate, growth momentum or acceleration the market carries during the forecast period?

1. Introduction
   
   
   
   1. Market Definition
   
   
   2. Market Segmentation
   
   
   3. Research Timelines
   
   
   4. Assumptions and Limitations
   
   
   
   


2. Research Methodology
   
   
   
   1. Data Mining
      
      
      
      1. Secondary Research
      
      
      2. Primary Research
      
      
      3. Subject-Matter Experts’ Advice
      
      
      
      
   
   
   2. Quality Checks
      
      
      
      1. Final Review
      
      
      
      
   
   
   3. Data Triangulation
      
      
      
      1. Bottom-Up Approach
      
      
      2. Top-Down Approach
      
      
      3. Research Flow
      
      
      
      
   
   
   4. Data Sources
   
   
   
   


3. Executive Summary


4. Market Overview
   
   
   
   1. Global Automotive Thermal System Market Outlook
      
      
      
      1. Market Drivers
      
      
      2. Market Restraints
      
      
      3. Market Opportunities
      
      
      
      
   
   
   2. Impact of Covid-19 On Global Automotive Thermal System Market
   
   
   
   


5. Global Automotive Thermal System Market by Component, (USD Million)
   
   
   
   1. Compressor
   
   
   2. HVAC
   
   
   3. Powertrain Cooling
   
   
   4. Fluid Transport
   
   
   
   


6. Global Automotive Thermal System Market by Vehicle Type, (USD Million)
   
   
   
   1. Passenger Vehicles
   
   
   2. Commercial Vehicles
   
   
   
   


7. Global Automotive Thermal System Market by Application, (USD Million)
   
   
   
   1. Front & Rear A/C
   
   
   2. Engine And Transmission
   
   
   3. Seat
   
   
   4. Battery
   
   
   5. Motor
   
   
   6. Waste Heat Recovery
   
   
   7. Power Electronics
   
   
   
   


8. Global Automotive Thermal System Market by Region, (USD Million)
   
   
   
   1. Introduction
   
   
   2. Asia-Pacific
      
      
      
      1. China
      
      
      2. India
      
      
      3. Japan
      
      
      4. South Korea
      
      
      5. Australia
      
      
      6. South-East Asia
      
      
      7. Rest of Asia-Pacific
      
      
      
      
   
   
   3. North America
      
      
      
      1. United States
      
      
      2. Canada
      
      
      3. Mexico
      
      
      
      
   
   
   4. Europe
      
      
      
      1. Germany
      
      
      2. United Kingdom
      
      
      3. France
      
      
      4. Italy
      
      
      5. Spain
      
      
      6. Russia
      
      
      7. Rest of Europe
      
      
      
      
   
   
   5. South America
      
      
      
      1. Brazil
      
      
      2. Argentina
      
      
      3. Colombia
      
      
      4. Rest of South America
      
      
      
      
   
   
   6. Middle East and Africa
      
      
      
      1. UAE
      
      
      2. Saudi Arabia
      
      
      3. South Africa
      
      
      4. Rest of Middle East and Africa
      
      
      
      
   
   
   
   


9. Company Profiles* (Business Overview, Company Snapshot, Products Offered, Recent Developments)


10. 
    
    
    
    1. Gentherm Inc
    
    
    2. Mahle GmbH
    
    
    3. Denso Corporation
    
    
    4. Behr GmbH & Co. KG
    
    
    5. Valeo
    
    
    6. Grayson Thermal Systems
    
    
    7. Sanden Corp.
    
    
    8. United Technologies Corporation
    
    
    9. Diakin Industries Ltd
    
    
    10. Visteon Corp
    
    
    11. Calsonic Kansei Corp
    
    
    12. Modine Manufacturing Co.
    
    
    13. Others
    
    
    
    

*The Company List Is Indicative

 

 

 

LIST OF TABLES

TABLE 1          GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 2          GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 3          GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 4          GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKET BY REGION (USD MILLIONS) 2020-2029

TABLE 5          US AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 6          US AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 7          US AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 8          CANADA AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 9          CANADA AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 10       CANADA AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 11       MEXICO AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 12       MEXICO AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 13       MEXICO AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 14       BRAZIL AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 15       BRAZIL AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 16       BRAZIL AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 17       ARGENTINA AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 18       ARGENTINA AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 19       ARGENTINA AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 20       COLOMBIA AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 21       COLOMBIA AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 22       COLOMBIA AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 23       REST OF SOUTH AMERICA AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 24       REST OF SOUTH AMERICA AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 25       REST OF SOUTH AMERICA AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 26       INDIA AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 27       INDIA AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 28       INDIA AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 29       CHINA AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 30       CHINA AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 31       CHINA AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 32       JAPAN AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 33       JAPAN AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 34       JAPAN AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 35       SOUTH KOREA AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 36       SOUTH KOREA AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 37       SOUTH KOREA AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 38       AUSTRALIA AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 39       AUSTRALIA AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 40       AUSTRALIA AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 41       SOUTH-EAST ASIA AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 42       SOUTH-EAST ASIA AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 43       SOUTH-EAST ASIA AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 44       REST OF ASIA PACIFIC AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 45       REST OF ASIA PACIFIC AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 46       REST OF ASIA PACIFIC AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 47       GERMANY AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 48       GERMANY AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 49       GERMANY AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 50       UK AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 51       UK AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 52       UK AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 53       FRANCE AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 54       FRANCE AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 55       FRANCE AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 56       ITALY AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 57       ITALY AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 58       ITALY AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 59       SPAIN AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 60       SPAIN AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 61       SPAIN AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 62       RUSSIA AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 63       RUSSIA AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 64       RUSSIA AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 65       REST OF EUROPE AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 66       REST OF EUROPE AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 67       REST OF EUROPE AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 68       UAE AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 69       UAE AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 70       UAE AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 71       SAUDI ARABIA AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 72       SAUDI ARABIA AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 73       SAUDI ARABIA AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 74       SOUTH AFRICA AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 75       SOUTH AFRICA AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 76       SOUTH AFRICA AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

TABLE 77       REST OF MIDDLE EAST AND AFRICA AUTOMOTIVE THERMAL SYSTEM MARKET BY COMPONENT (USD MILLIONS) 2020-2029

TABLE 78       REST OF MIDDLE EAST AND AFRICA AUTOMOTIVE THERMAL SYSTEM MARKET BY VEHICLE TYPE (USD MILLIONS) 2020-2029

TABLE 79       REST OF MIDDLE EAST AND AFRICA AUTOMOTIVE THERMAL SYSTEM MARKET BY APPLICATION (USD MILLIONS) 2020-2029

 

 

LIST OF FIGURES

FIGURE 1       MARKET DYNAMICS

FIGURE 2       MARKET SEGMENTATION

FIGURE 3       REPORT TIMELINES: YEARS CONSIDERED

FIGURE 4       DATA TRIANGULATION

FIGURE 5       BOTTOM-UP APPROACH

FIGURE 6       TOP-DOWN APPROACH

FIGURE 7       RESEARCH FLOW

FIGURE 8       GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKETBY COMPONENT, USD MILLION, 2020-2029

FIGURE 10    GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKETBY VEHICLE TYPE, USD MILLION, 2020-2029

FIGURE 11    GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKETBY APPLICATION, USD MILLION, 2020-2029

FIGURE 12    GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKETBY REGION, USD MILLION, 2020-2029

FIGURE 13    PORTER’S FIVE FORCES MODEL

FIGURE 14    GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKETBY COMPONENT, 2020

FIGURE 15    GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKETBY VEHICLE TYPE 2020

FIGURE 16    GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKETBY APPLICATION 2020

FIGURE 17    AUTOMOTIVE THERMAL SYSTEM MARKETBY REGION 2020

FIGURE 18    MARKET SHARE ANALYSIS

FIGURE 19    GENTHERM INC: COMPANY SNAPSHOT

FIGURE 20    MAHLE GMBH: COMPANY SNAPSHOT

FIGURE 21    DENSO CORPORATION: COMPANY SNAPSHOT

FIGURE 22    BEHR GMBH & CO. KG: COMPANY SNAPSHOT

FIGURE 23    VALEO: COMPANY SNAPSHOT

FIGURE 24    GRAYSON THERMAL SYSTEMS: COMPANY SNAPSHOT

FIGURE 25    SANDEN CORP.: COMPANY SNAPSHOT

FIGURE 26    UNITED TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT

FIGURE 27    DIAKIN INDUSTRIES LTD: COMPANY SNAPSHOT

FIGURE 28    VISTEON CORP: COMPANY SNAPSHOT