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Automotive Thermal Systems Market

  • DataM analyses the complete scenario of Global Automotive Thermal Systems Market, market segmentation, geography analysis, companies, trends and opportunities in the market.
  • The market is segmented by Component (Compressor, HVAC, Powertrain Cooling, and Fluid Transport), and By Vehicle type (Passenger cars, Commercial Vehicles).

Overview of Global Thermal Systems Market

  • Global Automotive Thermal Systems Market is an emerging market and is expected to grow at a CAGR of XX% during the period (2018-2025).
  • Thermal systems are equipped with thermal sensors that sense the temperature in real time and provide necessary solutions to the user.
  • In Asia-pacific, automotive thermal system market shows highest growth rate followed by North America and Europe.
  • The increase in demand for air conditioning systems for vehicles is high in Asia Pacific.
  • Automakers are applying new power train Cooling technologies to meet government regulations.
  • Thermal system techniques can improve power train and passenger comfort system efficiencies and are also crucial for the implementation of power train technologies like start-stop and coasting systems.

Market Growth Factors

  • Increase in demand for automotive ventilation and heating systems is expected to drive the automotive thermal system industry over the coming years.
  • Automotive Cooling and heating systems require sensors which detect the engine and cabin temperatures.
  • Further, growing usage of eco-friendly refrigerants along with electrification of automobiles is projected to accelerate market growth.
  • Increasing demand for alternative fuels such as propane, hydrogen and bio alcohols had been noticed as per the need of advanced thermal systems, this can be a crucial opportunity for fueling the growth of the market.
  • One of the Major trends of Automotive thermal systems market is ease of diagnosis through Controller Area Network (CAN) bus interface and supporting sensor units.

Market Restraints

  • Rising demand for luxury cars along with demand for air conditioning in commercial vehicles is expected to elevate the automotive thermal system market.

Market Segmentation

By Product:

  • The Automotive HVAC system provides ventilation, heat, and air conditioning in a vehicle.
  • HVAC equipment is cost-effective and can optimize productivity which is expected to generate growth revenues shortly.
  • Increasing demand for advanced HVAC that are environment-friendly and lightweight is supposed to compel automotive thermal system market growth over the coming years.

Key market segments covered

By Component

  • Compressor
  • HVAC
  • Powertrain Cooling
  • Fluid Transport

By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles

By Region

  • Asia Pacific
  • Europe
  • North America
  • South America
  • Rest of the World

Why purchase the report?

  • Identify commercial opportunities in Global Automotive Thermal Systems Market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of the market by segmentation level.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for key Automotive Thermal systems market of all major market players.

Target Audience

  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers
NA

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