Automotive Thermal System Market, Global Outlook and Forecast 2023-2030

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)

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Global top five companies in 2022 (%)

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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.


Table of content

1 Introduction to Research & Analysis Reports
1.1 Automotive Thermal System Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Automotive Thermal System Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Automotive Thermal System Overall Market Size
2.1 Global Automotive Thermal System Market Size: 2022 VS 2030
2.2 Global Automotive Thermal System Market Size, Prospects & Forecasts: 2018-2030
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Automotive Thermal System Players in Global Market
3.2 Top Global Automotive Thermal System Companies Ranked by Revenue
3.3 Global Automotive Thermal System Revenue by Companies
3.4 Top 3 and Top 5 Automotive Thermal System Companies in Global Market, by Revenue in 2022
3.5 Global Companies Automotive Thermal System Product Type
3.6 Tier 1, Tier 2 and Tier 3 Automotive Thermal System Players in Global Market
3.6.1 List of Global Tier 1 Automotive Thermal System Companies
3.6.2 List of Global Tier 2 and Tier 3 Automotive Thermal System Companies
4 Market Si

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