Automotive Thermal Management Market – Industry Trends, Size, Share, Growth Analysis and Forecast 2023 – 2030

CALIFORNIA, UNITED STATES, February 7, 2023 /EINPresswire.com/ — Introduction:

Thermal management systems are critical components in vehicles, responsible for maintaining optimal temperatures for various components such as engines, transmissions, and battery systems. The automotive thermal management market is growing due to the increasing demand for fuel-efficient vehicles, the growing use of electric vehicles, and the increasing use of advanced technologies such as hybrids.

Market Overview:

The Automotive Thermal Management market is a rapidly growing industry, driven by increasing demand for its products and services. This market research report provides a comprehensive analysis of the Automotive Thermal Management market, including market size, segmentation, growth drivers, challenges, and competitive landscape. The report is based on extensive primary and secondary research, and provides valuable insights and intelligence on the Automotive Thermal Management market.

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The report segments the Automotive Thermal Management market into several key segments, including product type, application, and geography. It provides a detailed analysis of the market size and growth trends for each segment, and identifies the key drivers and challenges for each segment. The report also provides an in-depth analysis of the competitive landscape, including profiles of the leading companies in the industry and their market share, as well as a discussion of the key strategies and market trends.

Market Size and Forecast:

The global automotive thermal management market size is estimated to be valued at US$ 89.2 Billion in 2022 and is expected to exhibit a CAGR of 5.6% between 2022 and 2030. The growth of the market is driven by the increasing demand for fuel-efficient vehicles, the growing use of electric vehicles, and the increasing use of advanced technologies such as hybrids.

Major Key players in this Market:

◘ Robert Bosch GmbH
◘ Schaeffler Technologies AG & Co. KG.
◘ Hanon Systems
◘ Dana Incorporated
◘ Gentherm Incorporated
◘ BorgWarner Inc.
◘ Valeo Group
◘ MAHLE GmbH
◘ Modine Manufacturing Company and Denso Corporation

Market Segmentation:

The automotive thermal management market is segmented into two types: passive thermal management systems and active thermal management systems. Passive thermal management systems rely on natural convection and radiation to transfer heat. Active thermal management systems use pumps, fans, and other components to transfer heat.

By Application:

◘ Engine Cooling
◘ Cabin Thermal Management
◘ Transmission Thermal Management
◘ Waste Heat Recovery/Exhaust Gas Recirculation Thermal Management
◘ Battery Thermal Management
◘ Motor and Power Electronics Thermal Management

By Vehicle Type:

Passenger Cars
Commercial Vehicles
Market segment by Region/Country including:

– North America (United States, Canada and Mexico)
– Europe (Germany, UK, France, Italy, Russia and Spain etc.)
– Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
– South America (Brazil, Argentina and Colombia etc.)
– Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

Drivers and Restraints

Drivers for a Automotive Thermal Management market refer to the factors that are expected to increase the demand or growth of a Industry. Examples of drivers can include increasing disposable income, population growth, technological advancements, and changes in government policies.

Restraints for a Automotive Thermal Management market refer to the factors that are expected to inhibit the growth or limit the demand of a particular market. Examples of restraints can include economic downturns, changes in consumer behavior, increased competition, and changes in government regulations.

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Report includes:

◘ Introduction: This section provides background information about the research problem as well as an explanation of why the study was conducted and why it was needed.

◘ Literature Review: In this section, we provide an overview of the previous research on the subject matter, including relevant theories and models as well as results derived from recent research.

◘ Methodology: This section provides a detailed description of the research design, data collection methods, and sample size. The research design used in this study was a qualitative approach with semi-structured interviews and surveys

◘ Results: In this section, the results of the analysis are presented, along with tables, graphs, and other visual representations that convey the information in a clear and concise way.

◘ Discussion: The purpose of this section is to present an interpretation of the results, and to compare these results with those found in previous research and theories.

◘ Conclusion: This section summarizes the main results of the research and provides suggestions for further research, as well as providing recommendations for future research..

◘ References: In this section, all of the sources used in the research report, including books, journal articles, and online sources, are listed. These sources were consulted to gain an understanding of the subject matter, and provided factual and statistical data which was included in the research report .

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Mr. Shah
Coherent Market Insights Pvt. Ltd.
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