Press release
Automotive Thermal Management Market 2026 Global Top Key Players are Calsonic Kansei, MAHLE, Valeo, Gentherm, Schaeffle, Dana, Denso, Continental, Borgwarner, Eberspacher
Market Overview:Global Automotive Thermal Management Market is accounted for $50.83 billion in 2017 and is expected to reach $75.03 billion by 2026 growing at a CAGR of 4.4% from 2017 to 2026. Increased stringency in emission regulation to upsurge the fuel economy, rising demand for comfort features, advancement in mobility solutions and need for power extension to uplift the thermal management market are some of the key factors propelling the market growth. However, factors such as high cost of thermal system technology are restricting the market growth.
Thermal management systems (TMS) are integral to control the climate of the cabin and seats to enhance passenger comfort. In addition to enhancing passenger comfort, the implementation of TMS will also improve automobile safety. A thermal management system comprises of all components in and around an automotive engine which works to dissipate the high heat created in a combusiton chamber to maintain proper engine component temperature and prevent failures resulting from excessive thermal stress.
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Top Players:
Some of the key players in Automotive Thermal Management market include Calsonic Kansei, MAHLE, Valeo, Gentherm, Schaeffle, Dana, Denso, Continental, Borgwarner, Eberspacher, AVID, Bosch, CapTherm Systems, DuPont, Hanon Systems and VOSS Automotive.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Market Segments:
By application, a waste heat recovery system is an energy recovery system that transfers heat from process outputs at high temperature to another part of the process for maintaining the vehicle temperature. This technology is an efficient way to save fuel and reduce CO2 emissions from vehicles. Today, very less manufacturers are using waste heat recovery systems in their vehicles such as BMW and Ford. By geography, Asia Pacific will be the major contributor to the global market and this will mainly be attributed to factors such as the large population and the growth of local vendors who supply cost-effective spares. The availability of various automobile segments owing to the improving per capita income and the abundant supply of raw materials that make the region a low-cost market for automobiles and parts, will also drive the growth prospects of this market in Asia Pacific.
Technologies Covered:
• Engine Thermal Mass Reduction
• Reduced HVAC System Loading
• Exhaust Gas Recirculation (EGR)
• Active Transmission Warmup
• Other Technologies
Vehicle Types Covered:
• Bus
• Passenger Car
• Truck
• Light Commercial Vehicle (LCV)
Applications Covered:
• Waste Heat Recovery
• Heated/Ventilated Seats
• Rear Air Conditioning
• Engine Cooling
• Front Air Conditioning
• Transmission System
• Heated Steering
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