Automotive Thermal System Market By Application, By Vehicle Type, By Propulsion : Global Opportunity Analysis and Industry Forecast, 2020-2030

Automotive Thermal System Market By Application, By Vehicle Type, By Propulsion : Global Opportunity Analysis and Industry Forecast, 2020-2030

  • March 2022 •
  • 230 pages •
  • Report ID: 6286241 •
  • Format: PDF
Automotive Thermal System Market By Application (HVAC, Powertrain Cooling, Fluid Transport, Others), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), By Propulsion (ICE Vehicles, Electric and Hybrid Vehicles): Global Opportunity Analysis and Industry Forecast, 2020-2030

Automotive thermal system is utilized to reduce thermal loads, maintain operating temperature of components, and reuse waste heat in vehicles. Automotive thermal system controls operating temperature of key components such as transmission, battery, engine, and cabin areas to prevent the risk of damage to the components, improve performance, enhance fuel efficiency, and offer greater passenger comfort.
Surge in adoption of electric vehicles has been observed across the globe. However, there are some factors such as charging time and low battery performance, which hinder the adoption of electric vehicles. Manufacturers are focusing on integrating battery thermal management solutions to prevent fluctuations while charging. For instance, Nissan Leaf cools its batteries using conditioned air from cabin. Thus, integration of smart thermal management solutions into vehicles is a factor driving the growth of the market.
The growth of the global automotive thermal system market is driven by rise in demand for luxury vehicles with advanced features & comfort, introduction of stringent emission regulations, and integration of smart thermal management solutions into vehicles. However, high cost associated with automotive thermal systems and lack of standardization due to variation in emission regulations are the factor acting as hindrance for the market growth of the global automotive thermal system market. On the contrary, introduction of light weight HVAC solutions & ecofriendly refrigerants, and technological advancements are expected to create ample growth opportunities for the global automotive thermal system market.
The global automotive thermal system market is segmented into application, vehicle type, propulsion, and region. Depending on application, it is classified into heating, ventilation, and air conditioning (HVAC); powertrain cooling; fluid transport; and others. By vehicle type, it is fragmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. Depending on propulsion, it is segregated into ICE (internal combustion engine) vehicles and electric & hybrid vehicles. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS
?This study presents the analytical depiction of the global automotive thermal system market analysis along with the current trends and future estimations to depict imminent investment pockets.
?The overall automotive thermal system market opportunity is determined by understanding profitable trends to gain a stronger foothold.
?The report presents information related to the key drivers, restraints, and opportunities of the global automotive thermal system market with a detailed impact analysis.
?The current automotive thermal system market is quantitatively analyzed from 2021 to 2030 to benchmark financial competency.
?The Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Application
? HVAC
? Powertrain Cooling
? Fluid Transport
? Others

By Vehicle Type
? Passenger Cars
? Light Commercial Vehicles
? Heavy Commercial Vehicles

By Propulsion
? ICE Vehicles
? Electric and Hybrid Vehicles

By Region
? North America
? U.S.
? Canada
? Mexico
? Europe
? United Kingdom
? Germany
? France
? Russia
? Rest of Europe
? Asia-Pacific
? China
? Japan
? India
? South Korea
? Rest Of Asia Pacific
? LAMEA
? Latin America
? Middle East
? Africa
? Key Market Players
? BorgWarner Inc.
? Continental AG
? Dana Incorporated
? Denso Corporation
? Gentherm Incorporated
? Grayson Thermal Systems
? Hanon Systems
? MAHLE GmbH
? Robert Bosch GmbH
? Valeo S.A.