自動車用サーマルシステムの世界市場：2028年までの予測- 自動車タイプ、コンポーネント（流体輸送、パワートレイン冷却、コンプレッサー、暖房・換気・空調）、推進タイプ、アプリケーション、地域による分析

Stratistics MRCによると、自動車用サーマルシステムの世界市場は2022年に389億6000万米ドルを占め、2028年には513億3000万米ドルに達し、予測期間中にCAGR4.7％で成長すると予測されています。

自動車の自動車用サーマルシステムは、代替エンジンブロックの監視温度と温度部品のばらつきの低減を通じて、重要な自動車部品の温度を管理するために使用されています。燃費を向上させ、フロントとリアのエアコン、ステアリングヒーター、シートヒーターなど、車内の多くの便利な機能を提供するために採用されています。また、廃熱を再利用することで、自動車から排出されるCO2を低減することも可能です。そのため、建設業や運輸業で使用される大型車の製造に広く利用されています。

フランスに本部を置く国際エネルギー機関（International Energy Agency）の発表によると、2021年の電気自動車（完全電気自動車とプラグインハイブリッド車を含む）の販売台数は660万台に達し、過去最高を記録しています。

市場力学

促進要因

電気自動車の需要急増

低公害交通に対する需要の高まりと、政府が補助金や減税を通じて長距離走行可能なゼロ・エミッション車を奨励していることから、主要な市場参入企業は現在、電気自動車を世界に提供することを義務付けられています。その結果、市場では電気自動車に対する需要が高まっています。電気自動車の需要が増えれば、電池の価格も下がると予測されていました。その結果、バッテリー式電気自動車の販売が拡大しているのです。このような自動車熱対策技術は、業界の関心事に合致しています。内燃機関を搭載した自動車から排出される汚染物質の量を減らすことに貢献します。また、乗客の福利厚生や安全も守ることができます。その結果、自動車用サーマルシステムの市場は、電気自動車の需要増に伴い拡大しています。

抑制要因

サーマルシステム技術の高コスト化

厳しい公害基準や燃費基準の導入に対応するため、OEMは望ましい結果を得るために新しい技術を導入しています。車内の快適性に対する需要の高まりにより、メーカーはパワートレイン、ドライブトレイン、車内快適性のためのサーマルシステムに注目せざるを得なくなっています。サーマルシステムの効率は、設置にかかるコストと、これらのアプローチで得られる全体的なCO2削減量を比較することで判断することができます。OEMはこれまで、大きなROIとCO2削減を実現する技術を採用し、プレミアムモデルに組み込んできました。60以上のサーマルシステム技術が存在するにもかかわらず、費用対効果の面から現在使用されているのは数種類に過ぎないです。高価な技術を使用すると、システムのコストが上がり、自動車の総コストが上昇し、特に顧客が価格に敏感な新興国において、市場の需要に悪影響を与えます。

機会

安全性・快適性を追求した高級車への需要拡大

高級車には、高度な安全機能が搭載されています。また、シートヒーターやクーラー、エアバッグ、ステアリングヒーターなど、快適な乗り心地を追求した車種もあります。可処分所得の増加と生活水準の向上により、高級車に対する需要が高まっています。メーカーは、性能と燃費を高めるために高級車に最新の熱システムを搭載しており、これが自動車用熱システムの需要を高めることになります。その結果、高度な機能と快適なシステムを備えた高級自動車に対する需要の急増が、世界の自動車用サーマルシステム市場を押し上げると予想されます。

脅威

標準化の欠如

現地または地域のメーカーは、排ガス要件に関して規制機関が定めた規制を遵守する必要があります。しかし、サーマルシステムの輸出は、排出ガスの地域差に起因する標準化の欠如によって妨げられる可能性がある現地または地域のメーカーは、管理機関の排出ガス規制を遵守することが期待されます。しかし、サーマルシステムの輸出は、排ガス規制の地域差による標準化の欠如によって阻害される可能性があります。生産者は少量生産を採用しており、生産コストを押し上げています。欧州委員会と米国環境保護庁は、エンジン技術をEuro III/IV/VおよびTier 3/4の要件に合わせて改善する必要があるとしています。そのため、アップグレードされた技術に準拠した後処理装置や強化された熱技術への需要が高まっています。その結果、標準化された技術要件の欠如と高い製造コストが、市場拡大の妨げになる可能性があります。

COVID-19の影響

COVID-19の大流行により、サプライチェーンに問題が発生し、世界中で自動車の生産が停止し、乗用車の販売が不振に陥っています。また、COVID-19の流行期には、政府による封鎖により、生産が停止し、自動車需要が減少しました。世界の部品不足により、製造が大幅に遅れ、自動車の供給が制限されました。しかし、電気自動車の販売台数は増加しており、市場の拡大を後押しするものと期待されています。世界各国の政府が電気自動車の普及を促進するためにさまざまなプログラムを立ち上げた結果、自動車用サーマルシステム産業が台頭してきました。

予測期間中、暖房・換気・空調（HVAC）分野が最大となる見込み

加熱・換気・空調（HVAC）分野は、環境に優しく軽量な先進的HVACの需要が増加していることから、有利な成長を遂げると予測されます。自動車のHVACシステムは、温度、換気、空調を調整するものです。軽量で環境に優しい最先端のHVACに対する需要の高まりは、自動車用サーマルシステム市場を牽引すると予想されます。近い将来、HVAC機器の手頃な価格と生産性が、市場にさらなる追い風になると予想されます。

予測期間中、ICエンジン車セグメントが最も高いCAGRを示すと予想される

ICエンジン車セグメントは、予測期間中に最も速いCAGRの成長を示すと予想されます。再生可能燃料や代替燃料と並んで、ICエンジン自動車で利用される最も一般的な燃料は、ガソリンやディーゼルです。燃料は、自動車の内燃機関内で点火され消費されます。その結果、エンジンは、膨張する燃焼ガスの助けを借りてピストンを動かし、クランクシャフトを回転させることで、燃焼エネルギーを部分的に機械的な力に変換するのです。その結果、自動車用サーマルシステムの世界市場は、予測期間を通じて拡大することが予想されます。

最もシェアの高い地域

アジア太平洋地域は、人口増加、都市化の進展、安定した経済状況、低金利などにより、乗用車の需要が常に増加しているため、予測期間中に最大の市場シェアを占めると予想されます。APACは近年、自動車製造の中心地となっています。消費者の嗜好の変化、中間層の一人当たり所得の増加、コスト削減の結果、OEMはこの地域での自動車生産を強化してきました。この地域の自動車用サーマルシステムの需要は、車内の快適性を高めた高級車に対する需要の高まりによって高まっています。

CAGRが最も高い地域

欧州は、予測期間中に最も高いCAGRを達成すると予測されています。これは、市場における大手企業の存在や高級乗用車の採用増加といった要因が、市場成長を促進すると考えられているためです。また、欧州では、ドイツ、イタリア、フランス、英国などの自動車需要の増加や、気候制御や小型の最新HVACシステムへの顧客嗜好のシフトにより、市場の拡大が見込まれています。また、政府の厳しい規制により、自動車用サーマルシステムに使用されるコンポーネントの継続的なアップグレードが必要であり、この分野での需要を促進することが期待されます。

主な発展

2022年3月、マーレ・アフターマーケットは、現代の自動車の空調システムにおける代表的な化合物となっている間接空調コンデンサーを構成する熱管理データベースを増加させています。マーレ・アフターマーケットは、熱管理製品のラインアップを拡充することで、整備工場が新しいビジネスを展開しやすくします。

2021年2月、マーレGmbHは、株式会社ケーヒン（現・株式会社日立アストモ）の日本、タイ、米国における熱管理事業活動を取得することで合意しました。

2019年12月、デンソーは9m超の区分の電気バス向けに、2台の電動コンプレッサーを組み合わせた最新のフル電動ルーフトップ空調システムを展示しました。このアイテムがアジア市場向けであるのに対し、欧米市場向けには巨大な効果を持つヒートポンプシステムを搭載した別バリエーションが展示されました。

本レポートの内容

• 地域および国別セグメントの市場シェア評価
• 新規参入企業への戦略的提言
• 2020年、2021年、2022年、2025年、2028年の市場データを網羅
• 市場動向（市場促進要因・促進要因・機会・脅威・課題・投資機会・提言）を網羅
• 市場推定に基づく、主要ビジネスセグメントにおける戦略的推奨事項
• 主要な共通トレンドをマッピングした競合情勢
• 詳細な戦略、財務、最近の開発状況を含む企業プロファイル
• 最新の技術的進歩をマッピングしたサプライチェーン動向

無料カスタマイズサービス

本レポートをご購読のお客様には、以下のカスタマイズオプションのいずれかを無償でご提供いたします。

• 企業プロファイル
  • 追加市場プレイヤーの包括的なプロファイリング（最大3社まで）
  • 主要プレイヤーのSWOT分析（3社まで）
• 地域別セグメンテーション
  • お客様のご希望に応じた主要国の市場推計・予測・CAGR（注：フィージビリティチェックによります。）
• 競合ベンチマーキング
  • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要プレイヤーのベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査情報源
  • 1次調査情報源
  • 2次調査情報源
  • 仮定

第3章 市場動向分析

• 促進要因
• 抑制要因
• 機会
• 脅威
• アプリケーション分析
• 新興市場
• COVID-19の影響

第4章 ポーターズファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界の自動車用サーマルシステム市場：車両タイプ別

• オフロード車
  • 建設・鉱山機械
  • 農業用トラクターおよび機器
• 乗用車
  • セダン
  • ユーティリティビークル
  • ハッチバック
• トラック
• バスとコーチ
• 小型商用車
• 産業車両

第6章 世界の自動車用サーマルシステム市場：コンポーネント別

• 流体輸送
• パワートレインの冷却
• コンプレッサー
• 暖房、換気、空調（HVAC）

第7章 世界の自動車用サーマルシステム市場：推進タイプ別

• 電気自動車およびハイブリッド車
• ICエンジン車

第8章 世界の自動車用サーマルシステム市場：アプリケーション別

• モーター
• シート
• バッテリー
• 廃熱回収
• フロント＆リアエアコン
• パワーエレクトロニクス
• エンジンとトランスミッション
• その他のアプリケーション

第9章 世界の自動車用サーマルシステム市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他欧州
• アジア太平洋地域
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他アジア太平洋地域
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他南米
• 中東とアフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他中東

第10章 主な発展

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品の発売
• 事業拡大
• その他の主要戦略

第11章 企業プロファイル

• Denso Corporation
• Visteon Corporation
• MAHLE GmbH
• Lennox International Inc.
• Grayson Thermal Systems
• Hanon Systems
• Continental AG
• Gentherm Inc.
• Modine Manufacturing Company Inc.
• Robert Bosch GmbH
• Valeo SA.
• BorgWarner Inc.
• Hyundai Motor Company
• Ford Motor Company
• ZF Friedrichshafen AG
• Magma International Inc.

List of Tables

• 1 Global Automotive Thermal System Market Outlook, By Region (2020-2028) ($MN)
• 2 Global Automotive Thermal System Market Outlook, By Vehicle Type (2020-2028) ($MN)
• 3 Global Automotive Thermal System Market Outlook, By Off-road Vehicle (2020-2028) ($MN)
• 4 Global Automotive Thermal System Market Outlook, By Construction & Mining Equipment (2020-2028) ($MN)
• 5 Global Automotive Thermal System Market Outlook, By Agriculture Tractors & Equipment (2020-2028) ($MN)
• 6 Global Automotive Thermal System Market Outlook, By Passenger Vehicle (2020-2028) ($MN)
• 7 Global Automotive Thermal System Market Outlook, By Sedan (2020-2028) ($MN)
• 8 Global Automotive Thermal System Market Outlook, By Utility Vehicles (2020-2028) ($MN)
• 9 Global Automotive Thermal System Market Outlook, By Hatchback (2020-2028) ($MN)
• 10 Global Automotive Thermal System Market Outlook, By Trucks (2020-2028) ($MN)
• 11 Global Automotive Thermal System Market Outlook, By Buses & Coaches (2020-2028) ($MN)
• 12 Global Automotive Thermal System Market Outlook, By Light Commercial Vehicles (2020-2028) ($MN)
• 13 Global Automotive Thermal System Market Outlook, By Industrial Vehicles (2020-2028) ($MN)
• 14 Global Automotive Thermal System Market Outlook, By Component (2020-2028) ($MN)
• 15 Global Automotive Thermal System Market Outlook, By Fluid Transport (2020-2028) ($MN)
• 16 Global Automotive Thermal System Market Outlook, By Powertrain Cooling (2020-2028) ($MN)
• 17 Global Automotive Thermal System Market Outlook, By Compressor (2020-2028) ($MN)
• 18 Global Automotive Thermal System Market Outlook, By Heating, ventilation, and air conditioning (HVAC) (2020-2028) ($MN)
• 19 Global Automotive Thermal System Market Outlook, By Propulsion Type (2020-2028) ($MN)
• 20 Global Automotive Thermal System Market Outlook, By Electric & Hybrid Vehicles (2020-2028) ($MN)
• 21 Global Automotive Thermal System Market Outlook, By IC Engine Vehicles (2020-2028) ($MN)
• 22 Global Automotive Thermal System Market Outlook, By Application (2020-2028) ($MN)
• 23 Global Automotive Thermal System Market Outlook, By Motor (2020-2028) ($MN)
• 24 Global Automotive Thermal System Market Outlook, By Seat (2020-2028) ($MN)
• 25 Global Automotive Thermal System Market Outlook, By Battery (2020-2028) ($MN)
• 26 Global Automotive Thermal System Market Outlook, By Waste Heat Recovery (2020-2028) ($MN)
• 27 Global Automotive Thermal System Market Outlook, By Front & Rear A/C (2020-2028) ($MN)
• 28 Global Automotive Thermal System Market Outlook, By Power Electronics (2020-2028) ($MN)
• 29 Global Automotive Thermal System Market Outlook, By Engine and Transmission (2020-2028) ($MN)
• 30 Global Automotive Thermal System Market Outlook, By Other Applications (2020-2028) ($MN)
• 31 North America Automotive Thermal System Market Outlook, By Country (2020-2028) ($MN)
• 32 North America Automotive Thermal System Market Outlook, By Vehicle Type (2020-2028) ($MN)
• 33 North America Automotive Thermal System Market Outlook, By Off-road Vehicle (2020-2028) ($MN)
• 34 North America Automotive Thermal System Market Outlook, By Construction & Mining Equipment (2020-2028) ($MN)
• 35 North America Automotive Thermal System Market Outlook, By Agriculture Tractors & Equipment (2020-2028) ($MN)
• 36 North America Automotive Thermal System Market Outlook, By Passenger Vehicle (2020-2028) ($MN)
• 37 North America Automotive Thermal System Market Outlook, By Sedan (2020-2028) ($MN)
• 38 North America Automotive Thermal System Market Outlook, By Utility Vehicles (2020-2028) ($MN)
• 39 North America Automotive Thermal System Market Outlook, By Hatchback (2020-2028) ($MN)
• 40 North America Automotive Thermal System Market Outlook, By Trucks (2020-2028) ($MN)
• 41 North America Automotive Thermal System Market Outlook, By Buses & Coaches (2020-2028) ($MN)
• 42 North America Automotive Thermal System Market Outlook, By Light Commercial Vehicles (2020-2028) ($MN)
• 43 North America Automotive Thermal System Market Outlook, By Industrial Vehicles (2020-2028) ($MN)
• 44 North America Automotive Thermal System Market Outlook, By Component (2020-2028) ($MN)
• 45 North America Automotive Thermal System Market Outlook, By Fluid Transport (2020-2028) ($MN)
• 46 North America Automotive Thermal System Market Outlook, By Powertrain Cooling (2020-2028) ($MN)
• 47 North America Automotive Thermal System Market Outlook, By Compressor (2020-2028) ($MN)
• 48 North America Automotive Thermal System Market Outlook, By Heating, ventilation, and air conditioning (HVAC) (2020-2028) ($MN)
• 49 North America Automotive Thermal System Market Outlook, By Propulsion Type (2020-2028) ($MN)
• 50 North America Automotive Thermal System Market Outlook, By Electric & Hybrid Vehicles (2020-2028) ($MN)
• 51 North America Automotive Thermal System Market Outlook, By IC Engine Vehicles (2020-2028) ($MN)
• 52 North America Automotive Thermal System Market Outlook, By Application (2020-2028) ($MN)
• 53 North America Automotive Thermal System Market Outlook, By Motor (2020-2028) ($MN)
• 54 North America Automotive Thermal System Market Outlook, By Seat (2020-2028) ($MN)
• 55 North America Automotive Thermal System Market Outlook, By Battery (2020-2028) ($MN)
• 56 North America Automotive Thermal System Market Outlook, By Waste Heat Recovery (2020-2028) ($MN)
• 57 North America Automotive Thermal System Market Outlook, By Front & Rear A/C (2020-2028) ($MN)
• 58 North America Automotive Thermal System Market Outlook, By Power Electronics (2020-2028) ($MN)
• 59 North America Automotive Thermal System Market Outlook, By Engine and Transmission (2020-2028) ($MN)
• 60 North America Automotive Thermal System Market Outlook, By Other Applications (2020-2028) ($MN)
• 61 Europe Automotive Thermal System Market Outlook, By Country (2020-2028) ($MN)
• 62 Europe Automotive Thermal System Market Outlook, By Vehicle Type (2020-2028) ($MN)
• 63 Europe Automotive Thermal System Market Outlook, By Off-road Vehicle (2020-2028) ($MN)
• 64 Europe Automotive Thermal System Market Outlook, By Construction & Mining Equipment (2020-2028) ($MN)
• 65 Europe Automotive Thermal System Market Outlook, By Agriculture Tractors & Equipment (2020-2028) ($MN)
• 66 Europe Automotive Thermal System Market Outlook, By Passenger Vehicle (2020-2028) ($MN)
• 67 Europe Automotive Thermal System Market Outlook, By Sedan (2020-2028) ($MN)
• 68 Europe Automotive Thermal System Market Outlook, By Utility Vehicles (2020-2028) ($MN)
• 69 Europe Automotive Thermal System Market Outlook, By Hatchback (2020-2028) ($MN)
• 70 Europe Automotive Thermal System Market Outlook, By Trucks (2020-2028) ($MN)
• 71 Europe Automotive Thermal System Market Outlook, By Buses & Coaches (2020-2028) ($MN)
• 72 Europe Automotive Thermal System Market Outlook, By Light Commercial Vehicles (2020-2028) ($MN)
• 73 Europe Automotive Thermal System Market Outlook, By Industrial Vehicles (2020-2028) ($MN)
• 74 Europe Automotive Thermal System Market Outlook, By Component (2020-2028) ($MN)
• 75 Europe Automotive Thermal System Market Outlook, By Fluid Transport (2020-2028) ($MN)
• 76 Europe Automotive Thermal System Market Outlook, By Powertrain Cooling (2020-2028) ($MN)
• 77 Europe Automotive Thermal System Market Outlook, By Compressor (2020-2028) ($MN)
• 78 Europe Automotive Thermal System Market Outlook, By Heating, ventilation, and air conditioning (HVAC) (2020-2028) ($MN)
• 79 Europe Automotive Thermal System Market Outlook, By Propulsion Type (2020-2028) ($MN)
• 80 Europe Automotive Thermal System Market Outlook, By Electric & Hybrid Vehicles (2020-2028) ($MN)
• 81 Europe Automotive Thermal System Market Outlook, By IC Engine Vehicles (2020-2028) ($MN)
• 82 Europe Automotive Thermal System Market Outlook, By Application (2020-2028) ($MN)
• 83 Europe Automotive Thermal System Market Outlook, By Motor (2020-2028) ($MN)
• 84 Europe Automotive Thermal System Market Outlook, By Seat (2020-2028) ($MN)
• 85 Europe Automotive Thermal System Market Outlook, By Battery (2020-2028) ($MN)
• 86 Europe Automotive Thermal System Market Outlook, By Waste Heat Recovery (2020-2028) ($MN)
• 87 Europe Automotive Thermal System Market Outlook, By Front & Rear A/C (2020-2028) ($MN)
• 88 Europe Automotive Thermal System Market Outlook, By Power Electronics (2020-2028) ($MN)
• 89 Europe Automotive Thermal System Market Outlook, By Engine and Transmission (2020-2028) ($MN)
• 90 Europe Automotive Thermal System Market Outlook, By Other Applications (2020-2028) ($MN)
• 91 Asia Pacific Automotive Thermal System Market Outlook, By Country (2020-2028) ($MN)
• 92 Asia Pacific Automotive Thermal System Market Outlook, By Vehicle Type (2020-2028) ($MN)
• 93 Asia Pacific Automotive Thermal System Market Outlook, By Off-road Vehicle (2020-2028) ($MN)
• 94 Asia Pacific Automotive Thermal System Market Outlook, By Construction & Mining Equipment (2020-2028) ($MN)
• 95 Asia Pacific Automotive Thermal System Market Outlook, By Agriculture Tractors & Equipment (2020-2028) ($MN)
• 96 Asia Pacific Automotive Thermal System Market Outlook, By Passenger Vehicle (2020-2028) ($MN)
• 97 Asia Pacific Automotive Thermal System Market Outlook, By Sedan (2020-2028) ($MN)
• 98 Asia Pacific Automotive Thermal System Market Outlook, By Utility Vehicles (2020-2028) ($MN)
• 99 Asia Pacific Automotive Thermal System Market Outlook, By Hatchback (2020-2028) ($MN)
• 100 Asia Pacific Automotive Thermal System Market Outlook, By Trucks (2020-2028) ($MN)
• 101 Asia Pacific Automotive Thermal System Market Outlook, By Buses & Coaches (2020-2028) ($MN)
• 102 Asia Pacific Automotive Thermal System Market Outlook, By Light Commercial Vehicles (2020-2028) ($MN)
• 103 Asia Pacific Automotive Thermal System Market Outlook, By Industrial Vehicles (2020-2028) ($MN)
• 104 Asia Pacific Automotive Thermal System Market Outlook, By Component (2020-2028) ($MN)
• 105 Asia Pacific Automotive Thermal System Market Outlook, By Fluid Transport (2020-2028) ($MN)
• 106 Asia Pacific Automotive Thermal System Market Outlook, By Powertrain Cooling (2020-2028) ($MN)
• 107 Asia Pacific Automotive Thermal System Market Outlook, By Compressor (2020-2028) ($MN)
• 108 Asia Pacific Automotive Thermal System Market Outlook, By Heating, ventilation, and air conditioning (HVAC) (2020-2028) ($MN)
• 109 Asia Pacific Automotive Thermal System Market Outlook, By Propulsion Type (2020-2028) ($MN)
• 110 Asia Pacific Automotive Thermal System Market Outlook, By Electric & Hybrid Vehicles (2020-2028) ($MN)
• 111 Asia Pacific Automotive Thermal System Market Outlook, By IC Engine Vehicles (2020-2028) ($MN)
• 112 Asia Pacific Automotive Thermal System Market Outlook, By Application (2020-2028) ($MN)
• 113 Asia Pacific Automotive Thermal System Market Outlook, By Motor (2020-2028) ($MN)
• 114 Asia Pacific Automotive Thermal System Market Outlook, By Seat (2020-2028) ($MN)
• 115 Asia Pacific Automotive Thermal System Market Outlook, By Battery (2020-2028) ($MN)
• 116 Asia Pacific Automotive Thermal System Market Outlook, By Waste Heat Recovery (2020-2028) ($MN)
• 117 Asia Pacific Automotive Thermal System Market Outlook, By Front & Rear A/C (2020-2028) ($MN)
• 118 Asia Pacific Automotive Thermal System Market Outlook, By Power Electronics (2020-2028) ($MN)
• 119 Asia Pacific Automotive Thermal System Market Outlook, By Engine and Transmission (2020-2028) ($MN)
• 120 Asia Pacific Automotive Thermal System Market Outlook, By Other Applications (2020-2028) ($MN)
• 121 South America Automotive Thermal System Market Outlook, By Country (2020-2028) ($MN)
• 122 South America Automotive Thermal System Market Outlook, By Vehicle Type (2020-2028) ($MN)
• 123 South America Automotive Thermal System Market Outlook, By Off-road Vehicle (2020-2028) ($MN)
• 124 South America Automotive Thermal System Market Outlook, By Construction & Mining Equipment (2020-2028) ($MN)
• 125 South America Automotive Thermal System Market Outlook, By Agriculture Tractors & Equipment (2020-2028) ($MN)
• 126 South America Automotive Thermal System Market Outlook, By Passenger Vehicle (2020-2028) ($MN)
• 127 South America Automotive Thermal System Market Outlook, By Sedan (2020-2028) ($MN)
• 128 South America Automotive Thermal System Market Outlook, By Utility Vehicles (2020-2028) ($MN)
• 129 South America Automotive Thermal System Market Outlook, By Hatchback (2020-2028) ($MN)
• 130 South America Automotive Thermal System Market Outlook, By Trucks (2020-2028) ($MN)
• 131 South America Automotive Thermal System Market Outlook, By Buses & Coaches (2020-2028) ($MN)
• 132 South America Automotive Thermal System Market Outlook, By Light Commercial Vehicles (2020-2028) ($MN)
• 133 South America Automotive Thermal System Market Outlook, By Industrial Vehicles (2020-2028) ($MN)
• 134 South America Automotive Thermal System Market Outlook, By Component (2020-2028) ($MN)
• 135 South America Automotive Thermal System Market Outlook, By Fluid Transport (2020-2028) ($MN)
• 136 South America Automotive Thermal System Market Outlook, By Powertrain Cooling (2020-2028) ($MN)
• 137 South America Automotive Thermal System Market Outlook, By Compressor (2020-2028) ($MN)
• 138 South America Automotive Thermal System Market Outlook, By Heating, ventilation, and air conditioning (HVAC) (2020-2028) ($MN)
• 139 South America Automotive Thermal System Market Outlook, By Propulsion Type (2020-2028) ($MN)
• 140 South America Automotive Thermal System Market Outlook, By Electric & Hybrid Vehicles (2020-2028) ($MN)
• 141 South America Automotive Thermal System Market Outlook, By IC Engine Vehicles (2020-2028) ($MN)
• 142 South America Automotive Thermal System Market Outlook, By Application (2020-2028) ($MN)
• 143 South America Automotive Thermal System Market Outlook, By Motor (2020-2028) ($MN)
• 144 South America Automotive Thermal System Market Outlook, By Seat (2020-2028) ($MN)
• 145 South America Automotive Thermal System Market Outlook, By Battery (2020-2028) ($MN)
• 146 South America Automotive Thermal System Market Outlook, By Waste Heat Recovery (2020-2028) ($MN)
• 147 South America Automotive Thermal System Market Outlook, By Front & Rear A/C (2020-2028) ($MN)
• 148 South America Automotive Thermal System Market Outlook, By Power Electronics (2020-2028) ($MN)
• 149 South America Automotive Thermal System Market Outlook, By Engine and Transmission (2020-2028) ($MN)
• 150 South America Automotive Thermal System Market Outlook, By Other Applications (2020-2028) ($MN)
• 151 Middle East & Africa Automotive Thermal System Market Outlook, By Country (2020-2028) ($MN)
• 152 Middle East & Africa Automotive Thermal System Market Outlook, By Vehicle Type (2020-2028) ($MN)
• 153 Middle East & Africa Automotive Thermal System Market Outlook, By Off-road Vehicle (2020-2028) ($MN)
• 154 Middle East & Africa Automotive Thermal System Market Outlook, By Construction & Mining Equipment (2020-2028) ($MN)
• 155 Middle East & Africa Automotive Thermal System Market Outlook, By Agriculture Tractors & Equipment (2020-2028) ($MN)
• 156 Middle East & Africa Automotive Thermal System Market Outlook, By Passenger Vehicle (2020-2028) ($MN)
• 157 Middle East & Africa Automotive Thermal System Market Outlook, By Sedan (2020-2028) ($MN)
• 158 Middle East & Africa Automotive Thermal System Market Outlook, By Utility Vehicles (2020-2028) ($MN)
• 159 Middle East & Africa Automotive Thermal System Market Outlook, By Hatchback (2020-2028) ($MN)
• 160 Middle East & Africa Automotive Thermal System Market Outlook, By Trucks (2020-2028) ($MN)
• 161 Middle East & Africa Automotive Thermal System Market Outlook, By Buses & Coaches (2020-2028) ($MN)
• 162 Middle East & Africa Automotive Thermal System Market Outlook, By Light Commercial Vehicles (2020-2028) ($MN)
• 163 Middle East & Africa Automotive Thermal System Market Outlook, By Industrial Vehicles (2020-2028) ($MN)
• 164 Middle East & Africa Automotive Thermal System Market Outlook, By Component (2020-2028) ($MN)
• 165 Middle East & Africa Automotive Thermal System Market Outlook, By Fluid Transport (2020-2028) ($MN)
• 166 Middle East & Africa Automotive Thermal System Market Outlook, By Powertrain Cooling (2020-2028) ($MN)
• 167 Middle East & Africa Automotive Thermal System Market Outlook, By Compressor (2020-2028) ($MN)
• 168 Middle East & Africa Automotive Thermal System Market Outlook, By Heating, ventilation, and air conditioning (HVAC) (2020-2028) ($MN)
• 169 Middle East & Africa Automotive Thermal System Market Outlook, By Propulsion Type (2020-2028) ($MN)
• 170 Middle East & Africa Automotive Thermal System Market Outlook, By Electric & Hybrid Vehicles (2020-2028) ($MN)
• 171 Middle East & Africa Automotive Thermal System Market Outlook, By IC Engine Vehicles (2020-2028) ($MN)
• 172 Middle East & Africa Automotive Thermal System Market Outlook, By Application (2020-2028) ($MN)
• 173 Middle East & Africa Automotive Thermal System Market Outlook, By Motor (2020-2028) ($MN)
• 174 Middle East & Africa Automotive Thermal System Market Outlook, By Seat (2020-2028) ($MN)
• 175 Middle East & Africa Automotive Thermal System Market Outlook, By Battery (2020-2028) ($MN)
• 176 Middle East & Africa Automotive Thermal System Market Outlook, By Waste Heat Recovery (2020-2028) ($MN)
• 177 Middle East & Africa Automotive Thermal System Market Outlook, By Front & Rear A/C (2020-2028) ($MN)
• 178 Middle East & Africa Automotive Thermal System Market Outlook, By Power Electronics (2020-2028) ($MN)
• 179 Middle East & Africa Automotive Thermal System Market Outlook, By Engine and Transmission (2020-2028) ($MN)
• 180 Middle East & Africa Automotive Thermal System Market Outlook, By Other Applications (2020-2028) ($MN)
• 181 Middle East & Africa Automotive Thermal System Market Outlook, By Country (2020-2028) ($MN)
• 182 Middle East & Africa Automotive Thermal System Market Outlook, By Vehicle Type (2020-2028) ($MN)
• 183 Middle East & Africa Automotive Thermal System Market Outlook, By Off-road Vehicle (2020-2028) ($MN)
• 184 Middle East & Africa Automotive Thermal System Market Outlook, By Construction & Mining Equipment (2020-2028) ($MN)
• 185 Middle East & Africa Automotive Thermal System Market Outlook, By Agriculture Tractors & Equipment (2020-2028) ($MN)
• 186 Middle East & Africa Automotive Thermal System Market Outlook, By Passenger Vehicle (2020-2028) ($MN)
• 187 Middle East & Africa Automotive Thermal System Market Outlook, By Sedan (2020-2028) ($MN)
• 188 Middle East & Africa Automotive Thermal System Market Outlook, By Utility Vehicles (2020-2028) ($MN)
• 189 Middle East & Africa Automotive Thermal System Market Outlook, By Hatchback (2020-2028) ($MN)
• 190 Middle East & Africa Automotive Thermal System Market Outlook, By Trucks (2020-2028) ($MN)
• 191 Middle East & Africa Automotive Thermal System Market Outlook, By Buses & Coaches (2020-2028) ($MN)
• 192 Middle East & Africa Automotive Thermal System Market Outlook, By Light Commercial Vehicles (2020-2028) ($MN)
• 193 Middle East & Africa Automotive Thermal System Market Outlook, By Industrial Vehicles (2020-2028) ($MN)
• 194 Middle East & Africa Automotive Thermal System Market Outlook, By Component (2020-2028) ($MN)
• 195 Middle East & Africa Automotive Thermal System Market Outlook, By Fluid Transport (2020-2028) ($MN)
• 196 Middle East & Africa Automotive Thermal System Market Outlook, By Powertrain Cooling (2020-2028) ($MN)
• 197 Middle East & Africa Automotive Thermal System Market Outlook, By Compressor (2020-2028) ($MN)
• 198 Middle East & Africa Automotive Thermal System Market Outlook, By Heating, ventilation, and air conditioning (HVAC) (2020-2028) ($MN)
• 199 Middle East & Africa Automotive Thermal System Market Outlook, By Propulsion Type (2020-2028) ($MN)
• 200 Middle East & Africa Automotive Thermal System Market Outlook, By Electric & Hybrid Vehicles (2020-2028) ($MN)
• 201 Middle East & Africa Automotive Thermal System Market Outlook, By IC Engine Vehicles (2020-2028) ($MN)
• 202 Middle East & Africa Automotive Thermal System Market Outlook, By Application (2020-2028) ($MN)
• 203 Middle East & Africa Automotive Thermal System Market Outlook, By Motor (2020-2028) ($MN)
• 204 Middle East & Africa Automotive Thermal System Market Outlook, By Seat (2020-2028) ($MN)
• 205 Middle East & Africa Automotive Thermal System Market Outlook, By Battery (2020-2028) ($MN)
• 206 Middle East & Africa Automotive Thermal System Market Outlook, By Waste Heat Recovery (2020-2028) ($MN)
• 207 Middle East & Africa Automotive Thermal System Market Outlook, By Front & Rear A/C (2020-2028) ($MN)
• 208 Middle East & Africa Automotive Thermal System Market Outlook, By Power Electronics (2020-2028) ($MN)
• 209 Middle East & Africa Automotive Thermal System Market Outlook, By Engine and Transmission (2020-2028) ($MN)
• 210 Middle East & Africa Automotive Thermal System Market Outlook, By Other Applications (2020-2028) ($MN)
• 211 Middle East & Africa Automotive Thermal System Market Outlook, By Country (2020-2028) ($MN)
• 212 Middle East & Africa Automotive Thermal System Market Outlook, By Vehicle Type (2020-2028) ($MN)
• 213 Middle East & Africa Automotive Thermal System Market Outlook, By Off-road Vehicle (2020-2028) ($MN)
• 214 Middle East & Africa Automotive Thermal System Market Outlook, By Construction & Mining Equipment (2020-2028) ($MN)
• 215 Middle East & Africa Automotive Thermal System Market Outlook, By Agriculture Tractors & Equipment (2020-2028) ($MN)
• 216 Middle East & Africa Automotive Thermal System Market Outlook, By Passenger Vehicle (2020-2028) ($MN)
• 217 Middle East & Africa Automotive Thermal System Market Outlook, By Sedan (2020-2028) ($MN)
• 218 Middle East & Africa Automotive Thermal System Market Outlook, By Utility Vehicles (2020-2028) ($MN)
• 219 Middle East & Africa Automotive Thermal System Market Outlook, By Hatchback (2020-2028) ($MN)
• 220 Middle East & Africa Automotive Thermal System Market Outlook, By Trucks (2020-2028) ($MN)
• 221 Middle East & Africa Automotive Thermal System Market Outlook, By Buses & Coaches (2020-2028) ($MN)
• 222 Middle East & Africa Automotive Thermal System Market Outlook, By Light Commercial Vehicles (2020-2028) ($MN)
• 223 Middle East & Africa Automotive Thermal System Market Outlook, By Industrial Vehicles (2020-2028) ($MN)
• 224 Middle East & Africa Automotive Thermal System Market Outlook, By Component (2020-2028) ($MN)
• 225 Middle East & Africa Automotive Thermal System Market Outlook, By Fluid Transport (2020-2028) ($MN)
• 226 Middle East & Africa Automotive Thermal System Market Outlook, By Powertrain Cooling (2020-2028) ($MN)
• 227 Middle East & Africa Automotive Thermal System Market Outlook, By Compressor (2020-2028) ($MN)
• 228 Middle East & Africa Automotive Thermal System Market Outlook, By Heating, ventilation, and air conditioning (HVAC) (2020-2028) ($MN)
• 229 Middle East & Africa Automotive Thermal System Market Outlook, By Propulsion Type (2020-2028) ($MN)
• 230 Middle East & Africa Automotive Thermal System Market Outlook, By Electric & Hybrid Vehicles (2020-2028) ($MN)
• 231 Middle East & Africa Automotive Thermal System Market Outlook, By IC Engine Vehicles (2020-2028) ($MN)
• 232 Middle East & Africa Automotive Thermal System Market Outlook, By Application (2020-2028) ($MN)
• 233 Middle East & Africa Automotive Thermal System Market Outlook, By Motor (2020-2028) ($MN)
• 234 Middle East & Africa Automotive Thermal System Market Outlook, By Seat (2020-2028) ($MN)
• 235 Middle East & Africa Automotive Thermal System Market Outlook, By Battery (2020-2028) ($MN)
• 236 Middle East & Africa Automotive Thermal System Market Outlook, By Waste Heat Recovery (2020-2028) ($MN)
• 237 Middle East & Africa Automotive Thermal System Market Outlook, By Front & Rear A/C (2020-2028) ($MN)
• 238 Middle East & Africa Automotive Thermal System Market Outlook, By Power Electronics (2020-2028) ($MN)
• 239 Middle East & Africa Automotive Thermal System Market Outlook, By Engine and Transmission (2020-2028) ($MN)
• 240 Middle East & Africa Automotive Thermal System Market Outlook, By Other Applications (2020-2028) ($MN)
• 241 Middle East & Africa Automotive Thermal System Market Outlook, By Country (2020-2028) ($MN)
• 242 Middle East & Africa Automotive Thermal System Market Outlook, By Vehicle Type (2020-2028) ($MN)
• 243 Middle East & Africa Automotive Thermal System Market Outlook, By Off-road Vehicle (2020-2028) ($MN)
• 244 Middle East & Africa Automotive Thermal System Market Outlook, By Construction & Mining Equipment (2020-2028) ($MN)
• 245 Middle East & Africa Automotive Thermal System Market Outlook, By Agriculture Tractors & Equipment (2020-2028) ($MN)
• 246 Middle East & Africa Automotive Thermal System Market Outlook, By Passenger Vehicle (2020-2028) ($MN)
• 247 Middle East & Africa Automotive Thermal System Market Outlook, By Sedan (2020-2028) ($MN)
• 248 Middle East & Africa Automotive Thermal System Market Outlook, By Utility Vehicles (2020-2028) ($MN)
• 249 Middle East & Africa Automotive Thermal System Market Outlook, By Hatchback (2020-2028) ($MN)
• 250 Middle East & Africa Automotive Thermal System Market Outlook, By Trucks (2020-2028) ($MN)
• 251 Middle East & Africa Automotive Thermal System Market Outlook, By Buses & Coaches (2020-2028) ($MN)
• 252 Middle East & Africa Automotive Thermal System Market Outlook, By Light Commercial Vehicles (2020-2028) ($MN)
• 253 Middle East & Africa Automotive Thermal System Market Outlook, By Industrial Vehicles (2020-2028) ($MN)
• 254 Middle East & Africa Automotive Thermal System Market Outlook, By Component (2020-2028) ($MN)
• 255 Middle East & Africa Automotive Thermal System Market Outlook, By Fluid Transport (2020-2028) ($MN)
• 256 Middle East & Africa Automotive Thermal System Market Outlook, By Powertrain Cooling (2020-2028) ($MN)
• 257 Middle East & Africa Automotive Thermal System Market Outlook, By Compressor (2020-2028) ($MN)
• 258 Middle East & Africa Automotive Thermal System Market Outlook, By Heating, ventilation, and air conditioning (HVAC) (2020-2028) ($MN)
• 259 Middle East & Africa Automotive Thermal System Market Outlook, By Propulsion Type (2020-2028) ($MN)
• 260 Middle East & Africa Automotive Thermal System Market Outlook, By Electric & Hybrid Vehicles (2020-2028) ($MN)
• 261 Middle East & Africa Automotive Thermal System Market Outlook, By IC Engine Vehicles (2020-2028) ($MN)
• 262 Middle East & Africa Automotive Thermal System Market Outlook, By Application (2020-2028) ($MN)
• 263 Middle East & Africa Automotive Thermal System Market Outlook, By Motor (2020-2028) ($MN)
• 264 Middle East & Africa Automotive Thermal System Market Outlook, By Seat (2020-2028) ($MN)
• 265 Middle East & Africa Automotive Thermal System Market Outlook, By Battery (2020-2028) ($MN)
• 266 Middle East & Africa Automotive Thermal System Market Outlook, By Waste Heat Recovery (2020-2028) ($MN)
• 267 Middle East & Africa Automotive Thermal System Market Outlook, By Front & Rear A/C (2020-2028) ($MN)
• 268 Middle East & Africa Automotive Thermal System Market Outlook, By Power Electronics (2020-2028) ($MN)
• 269 Middle East & Africa Automotive Thermal System Market Outlook, By Engine and Transmission (2020-2028) ($MN)
• 270 Middle East & Africa Automotive Thermal System Market Outlook, By Other Applications (2020-2028) ($MN)

According to Stratistics MRC, the Global Automotive Thermal System Market is accounted for $38.96 billion in 2022 and is expected to reach $51.33 billion by 2028 growing at a CAGR of 4.7% during the forecast period. The automotive thermal system in a vehicle is used to manage the temperature of important vehicle components through alternative engine block monitoring temperatures and reduced temperature component variations. They give improved fuel economy and are also employed to provide many conveniences inside the cabin such as front and rear A/C, steering heating, seat heating, and so on. These systems reuse waste heat, lowering overall CO2 emissions from automobiles. Consequently, it is extensively utilized in the manufacturing of heavy vehicles used in the construction and transportation sectors.

According to an article published by International Energy Agency, a France-based international intergovernmental organization ensuring reliable, affordable, and clean energy, in 2021, sales of electric vehicles (including completely electric and plug-in hybrid vehicles) reached 6.6 million, a new high.

Market Dynamics:

Driver:

Surge in demand for electric vehicles

Due to rising demand for low-emission transportation and governments' encouragement of long-range, zero-emission vehicles through subsidies and tax breaks, leading market participants are now obligated to offer electric vehicles globally. As a result, demand for electric vehicles is increasing in the market. It was predicted that as demand for electric vehicles increased, battery prices would fall. As a result, sales of battery electric vehicles are expanding. Such automobile thermal management technologies meet the industry's concerns. They contribute to reducing the quantity of pollutants emitted by cars with internal combustion engines. They also protect the passengers' wellbeing and security. As a result, the market for automotive thermal systems is expanding due to the rising demand for electric vehicles.

Restraint:

The high cost of thermal system technology

In reaction to the introduction of rigorous pollution and fuel efficiency criteria, OEMs have deployed new technology to achieve desired results. Rising demand for in-vehicle comfort features has compelled manufacturers to focus on thermal systems for the powertrain, drivetrain, and in-cabin comfort. The efficiency of a thermal system can be determined by comparing the cost of installation to the overall CO2 reduction obtained using these approaches. OEMs have previously adopted and incorporated technologies with significant ROI and CO2 reductions into their premium models. Despite the fact that over 60 thermal system technologies exist, only a few are now in use due to their cost-benefit ratio. Using expensive technologies boosts the cost of the system, which raises the overall cost of the vehicle and has a detrimental influence on market demand, especially in emerging economies where customers are often price-sensitive.

Opportunity:

Increase in demand for luxury vehicles with advanced safety features, comfort systems

Luxury vehicles are outfitted with high-tech safety features. These vehicles are intended to provide comfort features such as heated and cooled seats, airbags, and heated steering. Increased disposable money and higher living standards have increased demand for luxury vehicles. Manufacturers are incorporating modern thermal systems in luxury automobiles to boost performance and fuel efficiency, which will raise demand for automotive thermal systems. As a result, a surge in demand for luxury automobiles with advanced features and comfort systems is expected to push the global automotive thermal systems market.

Threat:

Lack of standardization

Local or regional manufacturers are required to abide by the regulations set forth by the regulating body regarding emission requirements. The export of thermal systems, however, may be hampered by a lack of standardisation due to regional variations in emission Local or regional manufacturers are expected to follow the governing body's emission regulations. However, the export of thermal systems may be impeded by a lack of standardisation due to regional variances in emission limitations. Producers employ low-volume manufacturing, which drives up the cost of production. Engine technology must be improved to Euro III/IV/V and Tier 3/4 requirements, according to the European Commission and the US EPA. Therefore, the demand for after-treatment devices and enhanced thermal technologies that adhere to the upgraded technology has increased. As a result, the lack of standardised technical requirements and high manufacturing costs may hinder market expansion.

COVID-19 Impact

The COVID-19 pandemic has caused supply chain problems, resulting in a stop in vehicle production and poor passenger car sales around the world. Furthermore, during the COVID-19 pandemic period, the government-enforced lockdown resulted in a stop in manufacturing and a fall in demand for automobiles. A global component scarcity resulted in significant manufacturing delays and restricted vehicle supplies. However, an increase in electric car sales has been noticed, which is expected to fuel market expansion. Various programmes have been launched by governments throughout the world to encourage the adoption of electric vehicles, resulting in the rise of the automotive thermal system industry.

The Heating, ventilation, and air conditioning (HVAC) segment is expected to be the largest during the forecast period

The Heating, ventilation, and air conditioning (HVAC) segment is estimated to have a lucrative growth, due to the increasing demand for advanced HVACs that are environment-friendly and lightweight. The HVAC system in a vehicle regulates the temperature, ventilation, and air conditioning. Rising demand for cutting-edge HVACs that are lightweight and ecologically friendly is expected to drive the market for automotive thermal systems. In the near future, it is anticipated that the affordability and productivity of HVAC equipment will provide the market another boost.

The IC Engine Vehicles segment is expected to have the highest CAGR during the forecast period

The IC Engine Vehicles segment is anticipated to witness the fastest CAGR growth during the forecast period. Along with renewable or alternative fuels, the most prevalent fuels utilised by IC engine cars are gasoline or diesel. Fuel is ignited and consumed inside internal combustion engines in automobiles. As a result, the engine partially converts combustion energy into mechanical effort by moving the piston with the help of expanding combustion gases, which turns the crankshaft. As a result, the global automotive thermal systems market is expected to expand throughout the forecast period.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to a constant rise in demand for passenger automobiles brought on by the region's growing population, growing urbanisation, stable economic conditions, and low interest rates. APAC has become a centre for vehicle manufacturing in recent years. As a result of altering consumer tastes, rising middle-class per capita income, and cost savings, OEMs have boosted vehicle production in the region. The region's demand for automotive thermal systems has been driven up by rising demand for luxury vehicles with greater interior comfort.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to grow rapidly over the forecast period the factors such as the presence of major market players in the market and increased adoption of luxury passenger vehicles are expected to drive the market growth. Furthermore, Europe is expected to be a rising market, with increasing demand for automobiles from nations such as Germany, Italy, France, and the United Kingdom, as well as a shift in customer preferences toward climate control and small, modern HVAC systems. Moreover, strict government regulations necessitate the continuous upgrade of components used in the automotive thermal system, which is expected to drive demand in this sector.

Key players in the market

Some of the key players profiled in the Automotive Thermal System Market include Denso Corporation, Visteon Corporation, MAHLE GmbH, Lennox International Inc., Grayson Thermal Systems, Hanon Systems, Continental AG, Gentherm Inc., Modine Manufacturing Company Inc., Robert Bosch GmbH, Valeo SA., BorgWarner Inc., Hyundai Motor Company, Ford Motor Company, ZF Friedrichshafen AG and Magma International Inc.

Key Developments:

In March 2022, MAHLE Aftermarket is increasing its thermal management database that comprises indirect air conditioning condenser, which is being a typical compound in the air conditioning systems of modern automotive. By consistently increasing its thermal management product range, MAHLE Aftermarket is making it simpler for workshops to create new business.

In February 2021, MAHLE GmbH reached an agreement with Keihin Corporation (now known as Hitachi Astemo, Ltd.) to acquire its thermal management business activities in Japan, Thailand and the U.S.

In December 2019, Denso exhibited its latest full electrical rooftop HVAC system with two combined electrical compressors meant for electric buses in the 9 meters plus classification. When this item is made for the Asian markets, other variant with a huge effective heat pump system was exhibited for the European and North American markets.

Vehicle Types Covered:

• Off-road Vehicle
• Passenger Vehicle
• Trucks
• Buses & Coaches
• Light Commercial Vehicles
• Industrial Vehicles

Components Covered:

• Fluid Transport
• Powertrain Cooling
• Compressor
• Heating, ventilation, and air conditioning (HVAC)

Propulsion Types Covered:

• Electric & Hybrid Vehicles
• IC Engine Vehicles

Applications Covered:

• Motor
• Seat
• Battery
• Waste Heat Recovery
• Front & Rear A/C
• Power Electronics
• Engine and Transmission
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• 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

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Automotive Thermal System Market, By Vehicle Type

• 5.1 Introduction
• 5.2 Off-road Vehicle
  • 5.2.1 Construction & Mining Equipment
  • 5.2.2 Agriculture Tractors & Equipment
• 5.3 Passenger Vehicle
  • 5.3.1 Sedan
  • 5.3.2 Utility Vehicles
  • 5.3.3 Hatchback
• 5.4 Trucks
• 5.5 Buses & Coaches
• 5.6 Light Commercial Vehicles
• 5.7 Industrial Vehicles

6 Global Automotive Thermal System Market, By Component

• 6.1 Introduction
• 6.2 Fluid Transport
• 6.3 Powertrain Cooling
• 6.4 Compressor
• 6.5 Heating, ventilation, and air conditioning (HVAC)

7 Global Automotive Thermal System Market, By Propulsion Type

• 7.1 Introduction
• 7.2 Electric & Hybrid Vehicles
• 7.3 IC Engine Vehicles

8 Global Automotive Thermal System Market, By Application

• 8.1 Introduction
• 8.2 Motor
• 8.3 Seat
• 8.4 Battery
• 8.5 Waste Heat Recovery
• 8.6 Front & Rear A/C
• 8.7 Power Electronics
• 8.8 Engine and Transmission
• 8.9 Other Applications

9 Global Automotive Thermal System Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Denso Corporation
• 11.2 Visteon Corporation
• 11.3 MAHLE GmbH
• 11.4 Lennox International Inc.
• 11.5 Grayson Thermal Systems
• 11.6 Hanon Systems
• 11.7 Continental AG
• 11.8 Gentherm Inc.
• 11.9 Modine Manufacturing Company Inc.
• 11.10 Robert Bosch GmbH
• 11.11 Valeo SA.
• 11.12 BorgWarner Inc.
• 11.13 Hyundai Motor Company
• 11.14 Ford Motor Company
• 11.15 ZF Friedrichshafen AG
• 11.16 Magma International Inc.