Automotive Thermal Management Market Size | COVID-19 Impact Analysis | Forecast to 2027

The automotive-sized thermal system market, estimated at USD 49.3 billion in 2019, is expected to reach USD 66.4 billion by 2027 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.

 

 

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Company profile

 

  • DENSO Corporation
  • Gentherm Incorporated
  • MAHLE Group
  • BorgWarner Inc.
  • Valeo
  • Dana Incorporated
  • Eberspacher Group
  • Calsonic Kansei Corporation
  • Continental AG
  • Robert Bosch

 

Automotive Thermal Management Market Segments:

  • Based on Electric & Hybrid Vehicle Application
  • Battery Thermal System
  • Transmission System
  • Engine Cooling
  • Front Air Conditioning
  • Motor Thermal System
  • Power Electronics
  • Rear Air Conditioning
  • Heated/Ventilated Seats
  • Heated Steering
  • Waste Heat Recovery

 

Based on Electric & Hybrid Vehicle Type

  • BEV
  • HEV
  • PHEV
  • FCEV
  • Mild Hybrid

 

Based on Technology

  • Active Transmission Warm Up
  • Exhaust Gas Recirculation
  • Engine Thermal Mass Reduction
  • Reduced Hvac System Loading
  • Other Technologies

 

Based on Components

  • Air Filter
  • Condenser
  • Compressor
  • Water-Pump
  • Motor
  • Heat Exchanger
  • Heater Control Unit
  • Thermoelectric Generator
  • Electric Compressor
  • Electric Water Pump
  • Electric Motor

 

 

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

 

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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

 

 

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