Automotive Thermal Management Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The automotive-sized thermal system market, estimated at USD 49.3 billion in 2021, is expected to reach USD 66.4 billion by 2028 and is expected to grow at a CAGR of 3% over the forecast period. Increased interest in fuel economy, driver comfort, increasing demand for electric vehicles worldwide, and the rigor of emission norms for reducing vehicle emissions will increase the demand for automotive thermal systems market.

Company Profile

• DENSO Corporation
• Gentherm Incorporated
• MAHLE Group
• BorgWarner Inc.
• Valeo
• Dana Incorporated
• Eberspacher Group
• Calsonic Kansei Corporation

Market Segmentation

Based on Electric & Hybrid Vehicle Application

• Battery Thermal System
• Transmission System
• Engine Cooling

Based on Electric & Hybrid Vehicle Type

• BEV
• HEV
• PHEV

Based on Technology

• Active Transmission Warm Up
• Exhaust Gas Recirculation
• Engine Thermal Mass Reduction

Based on Components

• Air Filter
• Condenser
• Compressor

Scope of the Report

The research study analyzes the Automotive Thermal Management industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Automotive Thermal Management Market Report

1. What was the Automotive Thermal Management Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Automotive Thermal Management Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Automotive Thermal Management Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.