Automotive Thermal Management System 2018 Key Country Analysis: Global Top Players Denso, MAHLE, Valeo, Gentherm, BorgWarner, Bosch, CapTherm, Dana, DuPont, Hanon Systems, and VOSS Automotive Forecast To 2023

Automotive Thermal Management System Market Share, Growth, Trends, and Key Country Analysis Research Report 2018 - Global Forecast to 2023, Global Automotive Thermal Management System Market will register highest growth through 2023. Report provides in-depth analysis of Automotive Thermal Management System Industry by Component (Compressor, HVAC, Powertrain Cooling, and Fluid Transport), System (Motor, Battery, Cabinet Area), Vehicle Type, Electric Vehicle Type (BEV, PHEV, HEV) and by Region.

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Global Automotive Thermal Management System market is expected to grow with a CAGR 8.55% by 2023. The report for Global Automotive Thermal Management System Market comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market.

Top Automotive Thermal Management System Manufacturers Competitive Landscape:

The key players in Automotive Thermal Management System market are Denso (Japan), MAHLE GmbH (Germany), Valeo (France), Gentherm (U.S.), and BorgWarner (U.S.). Bosch (Germany), CapTherm Systems (Canada), Dana Incorporated (U.S.), DuPont (U.S.), Hanon Systems (South Korea), and VOSS Automotive (Indiana) are among others.

These market participants are continuously implementing various strategies such as mergers, partnership, collaboration, product launches, etc. to gain a substantial edge over the market. Competition in the Automotive Thermal Management System market is heating up. As these key players are increasingly investing towards the development of new technology.

Market Overview:

The automotive thermal management system maintains the desired temperature in the internal combustion engine and electric vehicles for enhanced performance of the systems. The vehicle OEMs are developing different innovative technologies to improve the performance of the vehicle and drivetrain efficiency, and heat loss due to overheating of the engine. The improved thermal management system enhances the overall performance of the powertrain and reduces the consumption of energy by cooling down the passenger cabin. The thermal management systems have a wide use in electric vehicles for cooling down the battery to main the optimum level of temperature. In conventional vehicles, thermal management system uses a lubrication to regulate the temperature of the engine and transmission systems. In the electric vehicles, thermal management system is used to improve the heating, ventilation, and air-conditioning (HVAC), and minimize heat transfer in the system. The factors that drive the automotive thermal management system market are government initiatives towards the development of advanced thermal management systems, innovation in the technology, and increased sales of electric vehicles in emerging economies.

Segmentation:

The scope of the study segments the global automotive thermal management systems market by its component, system, vehicle type, and electric vehicle type, and region

By Component:

Compressor

HVAC

Powertrain Cooling

Fluid Transport

By System:

Motor

Battery

Cabinet Area

Others

By Vehicle Type:

Passenger Car

Commercial Vehicle

By Electric Vehicle Type:

BEV

HEV

PHEV

Regional Analysis:

On the basis of region, the market is segmented based on North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to dominate the market during the forecast period. The automotive thermal management systems require significant initial investments, which becomes the entry barrier for the small companies in the market. The availability of sophisticated technologies related to thermal management system in region such as North America, Europe, and Asia Pacific region has propelled the demand in the automotive thermal management system market. Existence of major manufacturers in these regions along with their partnerships with the local players, over time, have deepened the scope of the market in these regions. On the other hand, the lack of major market players and advanced technologies have resulted in alienating certain geographies, specifically in the African region. North America is expected to be the second largest market to grow during the forecast period due to immense demand of commercial vehicles in U.S. With the increase in demand of commercial vehicles there has been an increase in demand for automotive thermal management system market. Increased travel time generates the need for adoption of advanced technologies, such as thermal management system and climate control system for the desired comfort. The advancement in the technologies will hence result in the growth of the market during the forecast period. Europe is expected to be the third largest market to grow during the forecast period due to presence of major manufacturers in this region. U.K, Germany, and Italy account for a majority of the market share of automotive thermal management systems in this region.

List of Tables:

Table 1 Automotive Thermal Management System Market: By Region, 2017-2023

Table 2 North America Automotive Thermal Management System Market: By Country, 2017-2023

Table 3 Europe Automotive Thermal Management System Market: By Country, 2017-2023

Table 4 Asia Pacific Automotive Thermal Management System Market: By Country, 2017-2023

Table 5 RoW Automotive Thermal Management System Market: By Country, 2017-2023

Table 6 Automotive Thermal Management System Market, By Body Type, By Regions, 2017-2023

Table 7 North America Automotive Thermal Management System Market, By Body Type, By Country, 2017-2023

Table 8 Europe Automotive Thermal Management System Market, By Body Type, By Country, 2017-2023

Table 9 Asia Pacific Automotive Thermal Management System Market By Body Type, By Country, 2017-2023

Table 10 RoW Automotive Thermal Management System Market By Body Type, By Country, 2017-2023

Continued…

List of Figures:

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top Down & Bottom Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter’s Five Forces Analysis

FIGURE 7 Value Chain Analysis

Continued…

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