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Press release content from Business Wire. The AP news staff was not involved in its creation.

Automotive Thermal Management - Global Market Outlook to 2026 - ResearchAndMarkets.com

May 1, 2019

DUBLIN--(BUSINESS WIRE)--May 1, 2019--The “Automotive Thermal Management - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.

The Global Automotive Thermal Management market is expected to reach $69.31 billion by 2026 growing at a CAGR of 4.7% during the forecast period. Factors such as rising demand in the penetration of air-conditioning systems and growing demand for battery thermal management in developing countries are fueling the market growth. However, lack of standardization and the price of thermal system technology is high is the hindrance for the growth of the market.

Thermal management is an integral part of automotive manufacturers, as this part of automobile manufacturing plays a critical role in the operation of the vehicles. Pertaining to this, automotive manufacturers are increasing procuring advanced thermal management technologies for their vehicles.

Based on vehicle type, passenger car segment propels the market share during the forecast period. Growing consumer disposable income and increasing vehicle ownership with easy finance options have led to the rise in passenger car sales. By geography, the Asia Pacific region is anticipated to grow with the availability of economic labor, lenient regulations for environment and safety, and increased FDI for the automotive industry in countries such as India.

Systems Covered:

  • Fluid Transport
  • Heating, Ventilation and Air Condition (HVAC)
  • Powertrain Cooling
  • Other Systems

Propulsions Covered:

  • Hybrid Electric Vehicle
  • Plug-in Hybrid Electric Vehicle (PHEVs)
  • Internal combustion engine (ICE) Vehicle
  • Electric Vehicle
  • Battery Electric Vehicle

Technologies Covered:

  • Engine Thermal Mass Reduction
  • Active Transmission Warmup
  • Reduced HVAC System Loading
  • Exhaust Gas Recirculation (EGR)
  • Other Technologies

Applications Covered:

  • Power Electronics
  • Rear Air Conditioning
  • Engine Cooling
  • Heated Steering
  • Transmission System
  • Waste Heat Recovery
  • Front Air Conditioning
  • Heated/Ventilated Seats
  • Motor Thermal Management
  • Battery Thermal Management

What the report offers:

  • Market share assessments for the regional and country level segments
  • Strategic recommendations for the new entrants
  • Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Companies Mentioned

  • Bosch
  • Dupont
  • Gentherm
  • Hanon Systems
  • Johnson Electric
  • Denso
  • Calsonic Kansei
  • Smiths
  • LG Chem
  • Captherm
  • Grayson Thermal Systems
  • Valeo
  • Schaeffler
  • Continental

For more information about this report visit https://www.researchandmarkets.com/r/k01ncu

View source version on businesswire.com:https://www.businesswire.com/news/home/20190501005669/en/

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Related Topics:Automotive Climate Control Systems



SOURCE: Research and Markets

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PUB: 05/01/2019 10:13 AM/DISC: 05/01/2019 10:13 AM