Adoption of Automotive Thermostat Market to Soar Across Top Countries in the Globe

Persistence Market Research (PMR) published a revised report on the automotive thermostat market. The report includes the global industry analysis for 2014-2018 and opportunity assessment for 2019-2029. The research covers the global market outlook for automotive thermostat over the forecast period of 2019-2029, along with the CAGR growth and offers an in-depth analysis for the next ten years. The global automotive thermostat market is expected to valued at ~US$ 2.2 Bn by 2019-end, and is estimated to increase at a CAGR of ~3.0% during 2019-2029. The report covers macroeconomics factors, latest trends, influencing factors, key information, forecast factors, and key success factors that are anticipated to drive the growth of the global automotive thermostat market. The report also discusses potential opportunities in the market across the value chain, along with restraints that are expected to hamper the market growth.

Housed automotive thermostat is expected to remain highly preferred for wide range of vehicles, thereby contributing to major share of the manufacturers’ bottom lines. In terms of geographical outlook, Europe is projected to be a prominent region for the global automotive thermostat market, and is estimated to grow at a CAGR of ~3% during the forecast period.

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FACTS AT A GLANCE

Companies:BorgWarner Inc.,AC Delco,Gates Corporation,Continental AG,Hella KGaA Hueck & Co.,MAHLE GmbH,MotoRad Ltd.,Robert Bosch GmbH,Valeo SA,Stant Manufacturing, Inc.,Tama Enterprises Co., Ltd.,Nippon Thermostat Co. Ltd.,Vernet SAS,Ningbo Xingci Thermal Electric Appliances Co. Ltd.,Kirpart A.S.

Coverage: All major geographies and key segments

Segments: Automotive Thermostat Market Segmented By Single Valve, Dual Valve Design in Traditional Thermostat, Map Controlled Thermostat, Housed Thermostat Type in Passenger Cars, LCVs, HCVs, HEVs Vehicle

Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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ABSTRACT-

Automotive Thermostat Market – Scope of the ReportPersistence Market Research (PMR) recently published a market study on the global market for automotive thermostat. The study provides detailed assessment on the key market dynamics, including drivers, trends, opportunities, and restraints, along with detailed information about the automotive thermostat market structure. The market study presents exclusive information about how the automotive thermostat market will grow in the forecast period of 2019-2029.

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Key indicators of market growth, which include year-on-year (Y-o-Y) growth of the market, value chain, supply chain analysis, and compounded annual growth rate (CAGR) are explained in PMR’s study in a comprehensive manner. This information can help readers understand the quantitative growth prospects of the automotive thermostat market in the forecast period.

The study is relevant for stakeholders in the automotive thermostat market, including automotive thermostat manufacturers, suppliers, distributors, and investors, and can help them in developing appropriate strategies to grow in the market. Stakeholders in the automotive thermostat market, investors, industry experts, researchers, and journalists, as well as business researchers can leverage the information and data presented in PMR’s study.

The study also includes statistics as well as facts related to the macro as well as micro economic factors that are impacting developments in the market. It also offers actionable insights based on the future trends in the automotive thermostat market. Furthermore, small businesses and new entrants in the automotive thermostat market too can make use of the information presented in this study, based on which, they can make appropriate business decisions in order to gain momentum in the market.

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This release was published on openPR.