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Global Automotive Thermal System Market Size, Status and Forecast 2021-2027

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. 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. Market Analysis and Insights: Global Automotive Thermal System Market The global Automotive Thermal System market size is projected to reach US$ 65470 million by 2027, from US$ 41370 million in 2020, at a CAGR of 6.3% during 2021-2027. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Automotive Thermal System market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Automotive Thermal System market in terms of revenue. On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Automotive Thermal System market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Automotive Thermal System market. Global Automotive Thermal System Scope and Market Size Automotive Thermal System market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Thermal System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027. Segment by Type Compressor HVAC Powertrain Cooling Fluid Transport Segment by Application Passenger Cars Light Commercial Vehicles (LCVs) Heavy Commercial Vehicles (HCVs) By Region North America U.S. Canada Europe Germany France U.K. Italy Russia Nordic Rest of Europe Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA By Company 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
1 Report Overview 1.1 Study Scope 1.2 Market Analysis by Type 1.2.1 Global Automotive Thermal System Market Size Growth Rate by Type: 2016 VS 2021 VS 2027 1.2.2 Compressor 1.2.3 HVAC 1.2.4 Powertrain Cooling 1.2.5 Fluid Transport 1.3 Market by Application 1.3.1 Global Automotive Thermal System Market Share by Application: 2016 VS 2021 VS
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About this Report
Report ID 396845
Category
  • Automotive
Published on 23-Dec-21
Number of Pages 107
Publisher Name QY Research
Editor Rating
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