

The global Automotive Thermal System market size was valued at USD 42570 million in 2023 and is forecast to a readjusted size of USD 64130 million by 2030 with a CAGR of 6.0% during review period.
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.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report includes an overview of the development of the Automotive Thermal System industry chain, the market status of Passenger Cars (Compressor, HVAC), Light Commercial Vehicles (LCVs) (Compressor, HVAC), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Automotive Thermal System.
Regionally, the report analyzes the Automotive Thermal System markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Automotive Thermal System market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Automotive Thermal System market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Automotive Thermal System industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Compressor, HVAC).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Automotive Thermal System market.
Regional Analysis: The report involves examining the Automotive Thermal System market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Automotive Thermal System market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Automotive Thermal System:
Company Analysis: Report covers individual Automotive Thermal System players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Automotive Thermal System This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Passenger Cars, Light Commercial Vehicles (LCVs)).
Technology Analysis: Report covers specific technologies relevant to Automotive Thermal System. It assesses the current state, advancements, and potential future developments in Automotive Thermal System areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Automotive Thermal System market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Automotive Thermal System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Compressor
HVAC
Powertrain Cooling
Fluid Transport
Market segment by Application
Passenger Cars
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)
Market segment by players, this report covers
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
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Automotive Thermal System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Automotive Thermal System, with revenue, gross margin and global market share of Automotive Thermal System from 2019 to 2024.
Chapter 3, the Automotive Thermal System competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Automotive Thermal System market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Automotive Thermal System.
Chapter 13, to describe Automotive Thermal System research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope of Automotive Thermal System
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Automotive Thermal System by Type
1.3.1 Overview: Global Automotive Thermal System Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Automotive Thermal System Consumption Value Market Share by Type in 2023
1.3.3 Compressor
1.3.4 HVAC
1.3.5 Powertrain Cooling
1.3.6 Fluid Transport
1.4 Global Automotive Thermal System Market by Application
1.4.1 Overview: Global Automotive Thermal System Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Passenger Cars
1.4.3 Light Commercial Vehicles (LCVs)
1.4.4 Heavy Commercial Vehicles (HCVs)
1.5 Global Automotive Thermal System Market Size & Forecast
1.6 Global Automotive Thermal System Market Size and Forecast by Region
1.6.1 Global Automotive Thermal System Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Automotive Thermal System Market Size by Region, (2019-2030)
1.6.3 North America Automotive Thermal System Market Size and Prospect (2019-2030)
1.6.4 Europe Automotive Thermal System Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Automotive Thermal System Market Size and Prospect (2019-2030)
1.6.6 South America Automotive Thermal System Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa Automotive Thermal System Market Size and Prospect (2019-2030)
2 Company Profiles
2.1 General Motors Company
2.1.1 General Motors Company Details
2.1.2 General Motors Company Major Business
2.1.3 General Motors Company Automotive Thermal System Product and Solutions
2.1.4 General Motors Company Automotive Thermal System Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 General Motors Company Recent Developments and Future Plans
2.2 Denso Corporation
2.2.1 Denso Corporation Details
2.2.2 Denso Corporation Major Business
2.2.3 Denso Corporation Automotive Thermal System Product and Solutions
2.2.4 Denso Corporation Automotive Thermal System Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Denso Corporation Recent Developments and Future Plans
2.3 Magma International Inc.
2.3.1 Magma International Inc. Details
2.3.2 Magma International Inc. Major Business
2.3.3 Magma International Inc. Automotive Thermal System Product and Solutions
2.3.4 Magma International Inc. Automotive Thermal System Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Magma International Inc. Recent Developments and Future Plans
2.4 Valeo
2.4.1 Valeo Details
2.4.2 Valeo Major Business
2.4.3 Valeo Automotive Thermal System Product and Solutions
2.4.4 Valeo Automotive Thermal System Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Valeo Recent Developments and Future Plans
2.5 Ford Motor Company
2.5.1 Ford Motor Company Details
2.5.2 Ford Motor Company Major Business
2.5.3 Ford Motor Company Automotive Thermal System Product and Solutions
2.5.4 Ford Motor Company Automotive Thermal System Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Ford Motor Company Recent Developments and Future Plans
2.6 Delphi Automotive PLC
2.6.1 Delphi Automotive PLC Details
2.6.2 Delphi Automotive PLC Major Business
2.6.3 Delphi Automotive PLC Automotive Thermal System Product and Solutions
2.6.4 Delphi Automotive PLC Automotive Thermal System Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Delphi Automotive PLC Recent Developments and Future Plans
2.7 BorgWarener Automotive Powertrain Systems Corp
2.7.1 BorgWarener Automotive Powertrain Systems Corp Details
2.7.2 BorgWarener Automotive Powertrain Systems Corp Major Business
2.7.3 BorgWarener Automotive Powertrain Systems Corp Automotive Thermal System Product and Solutions
2.7.4 BorgWarener Automotive Powertrain Systems Corp Automotive Thermal System Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 BorgWarener Automotive Powertrain Systems Corp Recent Developments and Future Plans
2.8 ZF Friedrichshafen AG
2.8.1 ZF Friedrichshafen AG Details
2.8.2 ZF Friedrichshafen AG Major Business
2.8.3 ZF Friedrichshafen AG Automotive Thermal System Product and Solutions
2.8.4 ZF Friedrichshafen AG Automotive Thermal System Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 ZF Friedrichshafen AG Recent Developments and Future Plans
2.9 Hyundai Motor Company
2.9.1 Hyundai Motor Company Details
2.9.2 Hyundai Motor Company Major Business
2.9.3 Hyundai Motor Company Automotive Thermal System Product and Solutions
2.9.4 Hyundai Motor Company Automotive Thermal System Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Hyundai Motor Company Recent Developments and Future Plans
2.10 Continental AG
2.10.1 Continental AG Details
2.10.2 Continental AG Major Business
2.10.3 Continental AG Automotive Thermal System Product and Solutions
2.10.4 Continental AG Automotive Thermal System Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Continental AG Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Automotive Thermal System Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Automotive Thermal System by Company Revenue
3.2.2 Top 3 Automotive Thermal System Players Market Share in 2023
3.2.3 Top 6 Automotive Thermal System Players Market Share in 2023
3.3 Automotive Thermal System Market: Overall Company Footprint Analysis
3.3.1 Automotive Thermal System Market: Region Footprint
3.3.2 Automotive Thermal System Market: Company Product Type Footprint
3.3.3 Automotive Thermal System Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Automotive Thermal System Consumption Value and Market Share by Type (2019-2024)
4.2 Global Automotive Thermal System Market Forecast by Type (2025-2030)
5 Market Size Segment by Application
5.1 Global Automotive Thermal System Consumption Value Market Share by Application (2019-2024)
5.2 Global Automotive Thermal System Market Forecast by Application (2025-2030)
6 North America
6.1 North America Automotive Thermal System Consumption Value by Type (2019-2030)
6.2 North America Automotive Thermal System Consumption Value by Application (2019-2030)
6.3 North America Automotive Thermal System Market Size by Country
6.3.1 North America Automotive Thermal System Consumption Value by Country (2019-2030)
6.3.2 United States Automotive Thermal System Market Size and Forecast (2019-2030)
6.3.3 Canada Automotive Thermal System Market Size and Forecast (2019-2030)
6.3.4 Mexico Automotive Thermal System Market Size and Forecast (2019-2030)
7 Europe
7.1 Europe Automotive Thermal System Consumption Value by Type (2019-2030)
7.2 Europe Automotive Thermal System Consumption Value by Application (2019-2030)
7.3 Europe Automotive Thermal System Market Size by Country
7.3.1 Europe Automotive Thermal System Consumption Value by Country (2019-2030)
7.3.2 Germany Automotive Thermal System Market Size and Forecast (2019-2030)
7.3.3 France Automotive Thermal System Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Automotive Thermal System Market Size and Forecast (2019-2030)
7.3.5 Russia Automotive Thermal System Market Size and Forecast (2019-2030)
7.3.6 Italy Automotive Thermal System Market Size and Forecast (2019-2030)
8 Asia-Pacific
8.1 Asia-Pacific Automotive Thermal System Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Automotive Thermal System Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Automotive Thermal System Market Size by Region
8.3.1 Asia-Pacific Automotive Thermal System Consumption Value by Region (2019-2030)
8.3.2 China Automotive Thermal System Market Size and Forecast (2019-2030)
8.3.3 Japan Automotive Thermal System Market Size and Forecast (2019-2030)
8.3.4 South Korea Automotive Thermal System Market Size and Forecast (2019-2030)
8.3.5 India Automotive Thermal System Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Automotive Thermal System Market Size and Forecast (2019-2030)
8.3.7 Australia Automotive Thermal System Market Size and Forecast (2019-2030)
9 South America
9.1 South America Automotive Thermal System Consumption Value by Type (2019-2030)
9.2 South America Automotive Thermal System Consumption Value by Application (2019-2030)
9.3 South America Automotive Thermal System Market Size by Country
9.3.1 South America Automotive Thermal System Consumption Value by Country (2019-2030)
9.3.2 Brazil Automotive Thermal System Market Size and Forecast (2019-2030)
9.3.3 Argentina Automotive Thermal System Market Size and Forecast (2019-2030)
10 Middle East & Africa
10.1 Middle East & Africa Automotive Thermal System Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Automotive Thermal System Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Automotive Thermal System Market Size by Country
10.3.1 Middle East & Africa Automotive Thermal System Consumption Value by Country (2019-2030)
10.3.2 Turkey Automotive Thermal System Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Automotive Thermal System Market Size and Forecast (2019-2030)
10.3.4 UAE Automotive Thermal System Market Size and Forecast (2019-2030)
11 Market Dynamics
11.1 Automotive Thermal System Market Drivers
11.2 Automotive Thermal System Market Restraints
11.3 Automotive Thermal System Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Automotive Thermal System Industry Chain
12.2 Automotive Thermal System Upstream Analysis
12.3 Automotive Thermal System Midstream Analysis
12.4 Automotive Thermal System Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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
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*If Applicable.