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Automotive Thermal Systems Market Trends, Future Demands, Growth Factors, Emerging Technologies

01-10-2023 02:20 PM CET | Industry, Real Estate & Construction

Press release from: Analytics Market Research

Global Automotive Thermal Systems Market

Global Automotive Thermal Systems Market

The automotive thermal systems market size was estimated at US$ 33.43 billion in 2020 and is expected to reach over US$ 47.3 billion by 2030.

The motor, battery, and cabinet area of a car can all have their ideal temperatures maintained and controlled by an automobile thermal system. It lessens temperature swings, boosts effectiveness, and guards against failure. Additionally, it lowers fuel consumption and boosts powertrain efficiency, both of which help cut carbon emissions. As a result, it is widely used in the production of heavy vehicles for the transportation and construction industries. The desire for vehicle electrification is currently driving up the adoption of these technologies to improve user comfort without reducing vehicle range and maintain battery temperature at optimal operating levels.

The temperature of important car parts is monitored and maintained by the automotive thermal system. In order to provide better performance, increased fuel efficiency, and superior comfort, it controls the temperature of a number of components including the motor, battery, and cabin in automobiles. Through seat heating, front air conditioning, and rear air conditioning, effective thermal management allows car components to work in the ideal temperature range while also enhancing interior comfort.

Controlling the temperature of a car's engine and other parts is the responsibility of the automotive thermal systems. The radiator, cooling fan, water pump, and thermostat are all part of the system. The cooling fan assists in moving air through the radiator to cool the fluid while the radiator is in charge of dispersing heat from the engine coolant. The thermostat controls the coolant's temperature while the water pump moves the coolant through the engine and radiator.

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Global Automotive Thermal Systems Market: Major Players
Visteon
Calsonic Kansei
Diakin Industries
Lennox International
Gentherm
Grayson Thermal Systems
Denso
United Technologies
Modine Manufacturing
Sanden
Mahle
Valeo
Behr

Global Automotive Thermal Systems Market: Types
Automotive Compressor
Automotive HVAC
Automotive Powertrain Cooling
Automotive Fluid Transport
Other

Global Automotive Thermal Systems Market: Applications
Automotiv Engine
Automotiv Cabin
Other

Global Automotive Thermal Systems Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Automotive Thermal Systems market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Reasons to Purchase the Automotive Thermal System Market Report:
1. The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
2. Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
3. Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
4. The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
5. Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.

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About US
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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