Press release
Emerging Sub-Segments Transforming the Automotive Thermal System Market Landscape
Automotive Thermal System Market
Expected Growth and Market Size of the Automotive Thermal System Market
The automotive thermal system market is projected to reach a value of $57.57 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.7%. This upward trend is mainly propelled by increasing electric vehicle adoption, stringent battery safety standards, enhanced smart thermal analytics, higher demand for energy-efficient HVAC systems, and the need for effective cooling solutions in autonomous vehicles. Key market trends expected to influence growth include a shift toward battery thermal management technologies, wider use of electrically driven compressors, smarter integrated thermal control systems, expansion of waste heat recovery methods, and a focus on lightweight cooling components.
Download a free sample of the automotive thermal system market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8833&type=smp&utm_source=OpenPR&utm_medium=Paid&utm_campaign=Jul_PR
Leading Players in the Automotive Thermal System Market
Several prominent companies dominate the automotive thermal system market. These include Continental AG, Denso Corporation, Dana Incorporated, Grayson Thermal Systems, Gentherm Incorporated, Hanon Systems, Modine Manufacturing Company Inc., Mahle Behr GmbH & Co. KG, Robert Bosch GmbH, Valeo SA, Visteon Corporation, Calsonic Kansei Corp., Sanden Corporation, BorgWarner Inc., Marelli Corporation, Behr GmbH & Co KG, Delphi Technologies, Eberspaecher Group, Hella GmbH & Co KGaA, Webasto SE, ZF Friedrichshafen AG, Bergstrom Inc., and Kongsberg Automotive.
Strategic Acquisition Strengthening Market Position
In January 2025, South Korea-based battery manufacturer Hankook & Company Group acquired Hanon Systems, a key player specializing in automotive thermal and energy management systems for both electric and conventional vehicles. Although the deal's financial details were not disclosed, this acquisition is aimed at completing Hankook's mobility portfolio by combining tire, battery, and thermal management system capabilities. This move is set to enhance Hankook's standing in the electric vehicle and future mobility sectors.
View the full automotive thermal system market report:
https://www.thebusinessresearchcompany.com/report/automotive-thermal-system-global-market-report?utm_source=OpenPR&utm_medium=Paid&utm_campaign=Jul_PR
Innovations and Trends Shaping the Automotive Thermal System Industry
Market leaders are increasingly focusing on developing cutting-edge thermal management solutions to stay competitive. Advanced thermal management systems (ATMS) address the complex heat dissipation needs of modern electronic devices and vehicle systems. For example, in September 2023, Modine Manufacturing, based in Japan, launched the EVantage line specifically targeting commercial electric vehicles. These systems regulate temperature to maintain optimal battery, traction motor, and power electronics performance under all conditions. The EVantage line is customizable for various vehicle sizes across land, marine, aviation, and stationary applications, making it suitable for zero-emission transit buses, coaches, school buses, specialty vehicles, and delivery vans.
Breakdown of the Automotive Thermal System Market Segments
This market can be analyzed through several key segments:
1) Component Types: Compressor, HVAC, Powertrain Cooling, Fluid Transport
2) Vehicle Types: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Other Vehicle Types
3) Applications: Front and Rear Air Conditioning, Engine and Transmission Cooling, Seat Heating/Cooling, Battery Thermal Management, Motor Cooling, Waste Heat Recovery, Power Electronics Cooling
Further subcategories include:
- Compressors: Electrically Driven Compressors, Belt-Driven Compressors, Variable Displacement Compressors
- HVAC Systems: Heating Units, Air Conditioning Units, Ventilation Systems
- Powertrain Cooling: Engine Cooling, Transmission Cooling, Turbocharger Cooling
- Fluid Transport Components: Coolant Hoses, Radiators, Expansion Tanks
This segmentation provides a comprehensive view of the automotive thermal system market's diverse product offerings and application areas, supporting strategic decision-making for stakeholders.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 30,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Emerging Sub-Segments Transforming the Automotive Thermal System Market Landscape here
News-ID: 4578714 • Views: …
More Releases from The Business Research Company
Market Structure, Emerging Trends, and Key Player Analysis in the Commercial Veh …
The commercial vehicle spare parts aftermarket is positioned for steady expansion as the automotive industry evolves. Factors such as technological advancements and changing fleet management practices are setting the stage for this market to achieve substantial growth by 2030. Below is an overview of the market's size, key players, emerging trends, and segment classifications shaping its future.
Market Size and Growth Outlook for Commercial Vehicle Spare Parts Aftermarket
The commercial vehicle…
Emerging Sub-Segments Transforming the Commercial Electric Vehicles Market Lands …
The commercial electric vehicles sector is set to undergo remarkable growth as demand for sustainable transportation solutions accelerates worldwide. With technological advancements and regulatory incentives coming into play, the landscape for electric commercial vehicles is rapidly evolving. Let's explore the market's size, key industry players, prevailing trends, and segment breakdowns shaping this dynamic industry.
Projected Market Growth and Size of the Commercial Electric Vehicles Market
The commercial electric vehicles market is…
Leading Companies Reinforcing Their Presence in the Cold Chain Market
The cold chain industry is positioned for remarkable growth as it becomes increasingly vital in sectors like pharmaceuticals, food distribution, and chemicals. With advancements in technology and rising demand from e-commerce and healthcare, this market is set to undergo significant expansion in the coming years. Let's explore the current market size, leading companies, emerging trends, and segmentation insights that define the future of the cold chain industry.
Projected Market Size and…
Key Players and Competitive Environment in the Clutch Spring Wires Market
The clutch spring wires market is set for notable expansion as industries increasingly prioritize advanced materials and efficient manufacturing techniques. With the automotive sector undergoing significant transformation, especially driven by electric vehicle adoption, the demand for high-performance clutch spring wires is expected to rise steadily. Let's explore the market's size forecast, key players, trends, and segmentation details shaping this industry.
Projected Market Size Growth in the Clutch Spring Wires Industry
The…
More Releases for Thermal
Thermal balance control technology helps optimize energy consumption in thermal …
In the fields of aerospace, satellite communications, new energy vehicle electronics, and high-reliability device testing, **thermal vacuum testing** is a crucial step in verifying the performance and reliability of products under extreme environments. However, with increasing testing complexity, the high energy consumption and operating costs of thermal vacuum chambers are becoming increasingly prominent issues.
To address this industry pain point, TestEQ has launched Thermal Balance Control Technology , which achieves both…
Regenerative Thermal Oxidizer vs. Thermal Oxidizer - Specifications and Industry …
Image: https://ecdn6.globalso.com/upload/p/5012/image_other/2025-11/news3-1.jpg
In industrial air pollution control, Regenerative Thermal Oxidizers (RTOs) and Thermal Oxidizers (TOs) are two prominent technologies used to destroy Volatile Organic Compounds (VOCs) and Hazardous Air Pollutants (HAPs). While both systems aim to convert harmful pollutants into carbon dioxide, water vapor, and thermal energy, they differ significantly in their heat recovery methods, operational efficiency, and ideal applications. This article explores the key differences between RTOs and TOs, with…
Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) Market …
According to Market Study Report, Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) Market provides a comprehensive analysis of the Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. An exclusive data offered in this report is collected by research and industry experts team.
Get Free Sample PDF (including full TOC,…
What is the Difference Between Direct Thermal and Thermal Transfer Labels?
Northern Label Systems, specialists in supplying high quality labels explain the differences between Direct Thermal https://www.northern-label-systems.co.uk/labels-by-type/direct-thermal-labels and Thermal Transfer Labels https://www.northern-label-systems.co.uk/labels-by-type/thermal-transfer-labels
Thermal Transfer printing uses an ink ribbon to transfer the printed image from the heated printhead of the label printer onto the surface of the label while Direct Thermal printing transfers the image directly onto a heat sensitive material.
There are advantages and disadvantages to both methods. Direct Thermal label…
Global Thermal Transfer Material Market, Global Thermal Transfer Material Indust …
Thermal conductivity refers as an important characteristic for several manufacturing operations. Thermal transfer properties of a variety of materials are effective in certain applications owing to natural molecular structure that allows for direct heat-transfer. Thermal transfer materials are extensively used to manufacture the heat conductive adhesive tapes, printable products and polymer sheets. These polymer sheets are utilized for barcodes, labeling, and QR code labels for retailing, logistics, and consumer goods.…
Global Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) …
Qyresearchreports include new market research report "Global Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) Sales Market Report 2018" to its huge collection of research reports.
This report studies the global Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) market status and forecast, categorizes the global Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) market size (value & volume) by key players, type, application, and…
