Automotive Thermal System Market

Automotive Thermal System Market (Component: Compressor, HVAC, Powertrain Cooling, and Fluid Transport; Propulsion Type) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Automotive Thermal System Market Outlook 2031

  • The global automotive thermal system market was valued at US$ 37.22 Bn in 2021
  • It is estimated to expand at a CAGR of 2.79% from 2022 to 2031
  • The global automotive thermal system market is expected to reach value of US$ 50.38 Bn by the end of 2031

Analysts’ Viewpoint on Automotive Thermal System Market Scenario

Rise in demand for luxury vehicles with advanced features & comfort, implementation of stringent emission regulations, increase in demand for front and rear A/C, heated steering, integration of turbocharger in commercial vehicles, and use of smart thermal management solutions in vehicles are anticipated to boost the automotive thermal systems market across the globe. Companies in the automotive thermal system market are focusing on the development of components such as compressor, HVAC, powertrain cooling, and fluid transport. Therefore, the market is estimated to expand at a decent growth rate (CAGR) of 2.79% during the forecast period.

automotive thermal system market

Overview of Automotive Thermal System Market

Automotive thermal system monitors and maintains the temperature of key components of vehicles. It manages temperature of several components such as motor, battery, and cabin in vehicles to offer higher performance, enhanced fuel economy, and superior comfort. Efficient thermal management enables automotive components to operate in the optimum temperature range while also offering enhanced comfort in the vehicle interior through seat heating, front air conditioning, and rear air conditioning.

Increase in Demand for Luxury Vehicles with Advanced Safety Features, Comfort Systems

Luxury vehicles are equipped with high safety and advanced features. These vehicles are designed to offer comfort features such as heated & cooled comfortable seats, airbags, and heated steering. Rise in disposable income and improvements in living standards have led to greater demand for luxury vehicles. Manufacturers are integrating advanced thermal systems in luxury vehicles to improve performance and fuel-efficiency, which in turn is expected to increase the demand for automotive thermal systems. Therefore, an increase in demand for luxury vehicles with advanced features and comfort systems is anticipated to propel the automotive thermal systems market across the globe.

Thermal management system maintains the operating temperature of key components to reduce the risk of damage to components in vehicles. Manufacturers are integrating smart thermal solutions into new energy vehicles. Moreover, several manufacturers offer smart thermal solutions for automobiles. For instance, Johnson Electric offers thermal management solutions for battery, cabin heating, and power electronics. This integration of thermal management solutions into vehicles is expected to boost the demand for automotive thermal systems.

Integration of Thermal Management Systems in Electric Vehicles to Fuel Market Growth

The global automotive industry has shifted focus on the development of efficient, affordable, long-range, battery-powered passenger vehicles that can compete with and ultimately replace fossil-fuel powered vehicles. Cabin air conditioning, battery cooling, power electronics, and electric motor cooling are vital in battery electric vehicles (BEVs). Battery thermal management and motor thermal management play a significant role in increasing the drive time and performance by efficiently reusing the waste heat. Thus, an increase in the demand for electric vehicles is projected to boost the demand for thermal management systems during the forecast period.

Automakers are investing in electric vehicles to comply with stringent emission regulations introduced by several governments across the globe. The introduction of new electric vehicles in the market by automotive brands has also fueled the need to address safety issues in terms of electric engine batteries. Thermal management systems in electric vehicles aid in keeping battery packs within optimal temperature range to improve efficiency as well as battery lifespan. Thus, enforcement of stringent emission regulations is a key factor that is expected to propel the automotive thermal system market across the globe.

Environment-friendly and Lightweight Features of Advanced HVAC Equipment Drive Product Demand

In terms of component, the global automotive thermal system market has been classified into compressor, HVAC, powertrain cooling, and fluid transport. The HVAC segment held a major share of 45% in 2021. The segment is estimated to maintain its position in the market and grow at a CAGR of more than 2.82% during the forecast period. The HVAC system provides heat, ventilation, and air-conditioning in a vehicle. Increasing demand for advanced HVACs that are environment-friendly and lightweight are expected to drive the automotive thermal system market. Moreover, HVAC equipment are cost-effective and can optimize productivity, which is expected to further boost the segment in the near future. All these factors are anticipated to propel the automotive thermal system market during the forecast period.

IC Engine Vehicles to Witness High Demand in Global Market

In terms of propulsion type, the global automotive thermal system market has been bifurcated into IC engine vehicles and electric & hybrid vehicles. The IC engine vehicles segment held a major share of 56% in 2021. The segment is estimated to maintain its position in the market and grow at a CAGR of more than 2.76% during the forecast period. IC engine vehicles primarily utilize gasoline or diesel as a fuel, along with the renewable or alternative fuels. In IC engine vehicles, the ignition and combustion of the fuel occurs within the engine itself. Subsequently, the engine partially converts the energy from the combustion to mechanical work, as the expanding combustion gases push the piston, which rotates the crankshaft. This, in turn, is estimated to boost the global automotive thermal system market during the forecast period.

Regional Outlook of Global Automotive Thermal System Market

APAC dominated the global automotive thermal system market, and the region accounted for a major share of the market, in terms of revenue share, in 2021. The trend is expected to continue during the forecast period due to a consistent rise in the demand for passenger vehicles, owing to rapid urbanization, stable economic conditions, and lower interest rates in the region.

APAC has emerged as a hub for automotive production in the past few years. Changing consumer preferences, increase in per capita income of the middle-class population, and cost advantages have prompted OEMs to increase vehicle production in the region. Thus, China, India, and Japan have witnessed a significant increase in vehicle production. Significantly high vehicle production in the region offers considerable opportunity for the automotive thermal system market. Favorable investment policies and availability of cheap labor have also made Asia Pacific an ideal market for automotive OEMs. Increased demand for luxury cars with superior cabin comfort has fueled the demand for automotive thermal system in the region.

This region was followed by North America and Europe, in terms of share of market volume and value. North America and Europe held a significant share of the global automotive thermal system market in 2021. A trend of customization of automobiles is witnessed in these regions, which is driving the market, significantly.

The market in South America is estimated to expand at a sluggish pace in the next five years due to stagnant sales of vehicles in the region, primarily in Brazil.

Analysis of Key Players in Global Automotive Thermal System Market

The global automotive thermal system market is fragmented with a more number of manufacturers controlling the market share and company see the potential to increase the pace of growth by the way of product launches and sales through new channels. Expansion of product portfolios and mergers & acquisitions are major strategies adopted by key players. Some of the key manufacturers identified in the automotive thermal system market across the globe are Continental AG, Denso Corporation, Dana Incorporated, Grayson Thermal Systems, Gentherm Inc., Hanon Systems, Lennox International Inc., Modine Manufacturing Company Inc., MAHLE GmbH, Robert Bosch GmbH, Visteon Corporation, and Valeo SA.

Each of these players has been profiled in the automotive thermal system market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Key Developments in Global Automotive Thermal System Market

  • 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 August 2019, MAHLE GmbH developed a new battery housing concept with integrated thermal management designed to increase rapid charging capability and vehicle range. The company claims the new housing allows manufacturers to use batteries that are about 40% smaller, which not only reduces the CO2 footprint of the EV but also lowers the demand for raw materials for battery production.

Global Automotive Thermal System Market Snapshot

Attribute

Detail

Market Size Value in 2021

US$ 37.22 Bn

Market Forecast Value in 2031

US$ 50.38 Bn

Growth Rate

(CAGR)

2.79%

Forecast Period

2022–2031

Historical Data Available for

2017–2021

Quantitative Units

US$ Bn for Value

Market Analysis

It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market share analysis by company (2021)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Component
    • Compressor
    • HVAC
    • Powertrain Cooling
    • Fluid Transport
  • Vehicle Type
    • Passenger Vehicle
      • Hatchback
      • Sedan
      • Utility Vehicles
    • Light Commercial Vehicles
    • Trucks
    • Buses & Coaches
    • Off-road Vehicle
      • Agriculture Tractors & Equipment
      • Construction & Mining Equipment
    • Industrial Vehicles (Forklift, Etc.)
  • Propulsion Type
    • IC Engine Vehicles
    • Electric & Hybrid Vehicles
  • Application
    • Front & Rear A/C
    • Engine and Transmission
    • Seat
    • Battery
    • Motor
    • Waste Heat Recovery
    • Power Electronics
    • Others

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Countries Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Russia & CIS
  • Japan
  • China
  • India
  • ASEAN
  • Brazil
  • Mexico
  • GCC Countries
  • South Africa

Companies Profiled

  • Continental AG
  • Denso Corporation
  • Dana Incorporated
  • Grayson Thermal Systems
  • Gentherm Inc.
  • Hanon Systems
  • Lennox International Inc.
  • Modine Manufacturing Company Inc.
  • MAHLE GmbH
  • Robert Bosch GmbH
  • Valeo SA
  • Visteon Corporation

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

How big is the automotive thermal system market in 2021?

The automotive thermal system market is valued at US$ 37.22 Bn in 2021

How the automotive thermal system market is expected to grow by 2031?

The automotive thermal system market is expected to grow at a CAGR of 2.79% by 2031

How much worth the automotive thermal system market will be in 2031?

The automotive thermal system market will be worth US$ 50.38 Bn in 2031

How key trends are driving the automotive thermal system market?

Rise in demand for luxury vehicles with advanced features & comfort, implementation of stringent emission regulations, increase in demand for front and rear A/C, heated steering, integration of turbocharger in commercial vehicles, and use of smart thermal management solutions in vehicles are drivers of the automotive thermal system market

Which component segment accounts for the largest share of automotive thermal system market?

The HVAC segment accounts for 45% share of the automotive thermal system market

Which region is most lucrative in the global automotive thermal system market?

Asia Pacific is a most lucrative region in the global automotive thermal system market

Who are the prominent players in automotive thermal system market?

The prominent players operating in the automotive thermal system market are Continental AG, Denso Corporation, Dana Incorporated, Grayson Thermal Systems, Gentherm Inc., Hanon Systems, Lennox International Inc., Modine Manufacturing Company Inc., MAHLE GmbH, Robert Bosch GmbH, Visteon Corporation, and Valeo SA

    1. Executive Summary

        1.1. Global Market Outlook

            1.1.1. Market Value US$ Mn, 2017‒2031

        1.2. Competitive Dashboard Analysis

    2. Market Overview

        2.1. TMR Analysis and Recommendations

        2.2. Market Coverage / Taxonomy

        2.3. Market Definition / Scope / Limitations

        2.4. Macro-Economic Factors

        2.5. Market Dynamics

            2.5.1. Drivers

            2.5.2. Restraints

            2.5.3. Opportunity

        2.6. Market Factor Analysis

            2.6.1. Porter’s Five Force Analysis

            2.6.2. SWOT Analysis

            2.6.3. Value Chain Analysis

                2.6.3.1. Component Manufacturer

                2.6.3.2. Automotive Thermal System Manufacturers

                2.6.3.3. Assembly and Installation of the Automotive Thermal System

                2.6.3.4. OEM

        2.7. Regulatory Scenario

        2.8. Key Trend Analysis

    3. COVID-19 Impact Analysis – Automotive Thermal System Market

    4. Global Automotive Thermal System Market, by Component

        4.1. Market Snapshot

            4.1.1. Introduction, Definition, and Key Findings

            4.1.2. Market Growth & Y-o-Y Projections

            4.1.3. Base Point Share Analysis

        4.2. Global Automotive Thermal System Market Size Analysis & Forecast, by Component, 2017‒2031

            4.2.1. Compressor

            4.2.2. HVAC

            4.2.3. Powertrain Cooling

            4.2.4. Fluid Transport

    5. Global Automotive Thermal System Market, by Vehicle Type

        5.1. Market Snapshot

            5.1.1. Introduction, Definition, and Key Findings

            5.1.2. Market Growth & Y-o-Y Projections

            5.1.3. Base Point Share Analysis

        5.2. Global Automotive Thermal System Market Size Analysis & Forecast, by Vehicle Type, 2017‒2031

            5.2.1. Passenger Vehicle

                5.2.1.1. Hatchback

                5.2.1.2. Sedan

                5.2.1.3. Utility Vehicles

            5.2.2. Light Commercial Vehicles

            5.2.3. Trucks

            5.2.4. Buses & Coaches

            5.2.5. Off-road Vehicle

                5.2.5.1. Agriculture Tractors & Equipment

                5.2.5.2. Construction & Mining Equipment

            5.2.6. Industrial Vehicles (Forklift, Etc.)

    6. Global Automotive Thermal System Market, by Propulsion Type

        6.1. Market Snapshot

            6.1.1. Introduction, Definition, and Key Findings

            6.1.2. Market Growth & Y-o-Y Projections

            6.1.3. Base Point Share Analysis

        6.2. Global Automotive Thermal System Market Size Analysis & Forecast, by Propulsion Type, 2017‒2031

            6.2.1. IC Engine Vehicles

            6.2.2. Electric and Hybrid Vehicles

    7. Global Automotive Thermal System Market, by Application

        7.1. Market Snapshot

            7.1.1. Introduction, Definition, and Key Findings

            7.1.2. Market Growth & Y-o-Y Projections

            7.1.3. Base Point Share Analysis

        7.2. Global Automotive Thermal System Market Size Analysis & Forecast, by Application, 2017‒2031

            7.2.1. Front & Rear A/C

            7.2.2. Engine and Transmission

            7.2.3. Seat

            7.2.4. Battery

            7.2.5. Motor

            7.2.6. Waste Heat Recovery

            7.2.7. Power Electronics

            7.2.8. Others

    8. Global Automotive Thermal System Market, by Region

        8.1. Market Snapshot

            8.1.1. Introduction, Definition, and Key Findings

            8.1.2. Market Growth & Y-o-Y Projections

            8.1.3. Base Point Share Analysis

        8.2. Global Automotive Thermal System Market Size Analysis & Forecast, by Region, 2017‒2031

            8.2.1. North America

            8.2.2. Europe

            8.2.3. Asia Pacific

            8.2.4. Middle East & Africa

            8.2.5. Latin America

    9. North America Automotive Thermal System Market

        9.1. Market Snapshot

        9.2. Automotive Thermal System Market Size Analysis & Forecast, by Component, 2017‒2031

            9.2.1. Compressor

            9.2.2. HVAC

            9.2.3. Powertrain Cooling

            9.2.4. Fluid Transport

        9.3. Automotive Thermal System Market Size Analysis & Forecast, by Vehicle Type, 2017‒2031

            9.3.1. Passenger Vehicle

                9.3.1.1. Hatchback

                9.3.1.2. Sedan

                9.3.1.3. Utility Vehicles

            9.3.2. Light Commercial Vehicles

            9.3.3. Trucks

            9.3.4. Buses & Coaches

            9.3.5. Off-road Vehicle

                9.3.5.1. Agriculture Tractors & Equipment

                9.3.5.2. Construction & Mining Equipment

            9.3.6. Industrial Vehicles (Forklift, Etc.)

        9.4. Automotive Thermal System Market Size Analysis & Forecast, by Propulsion Type, 2017‒2031

            9.4.1. IC Engine Vehicles

            9.4.2. Electric and Hybrid Vehicles

        9.5. Automotive Thermal System Market Size Analysis & Forecast, by Application, 2017‒2031

            9.5.1. Front & Rear A/C

            9.5.2. Engine and Transmission

            9.5.3. Seat

            9.5.4. Battery

            9.5.5. Motor

            9.5.6. Waste Heat Recovery

            9.5.7. Power Electronics

            9.5.8. Others

        9.6. Key Country Analysis – North America Automotive Thermal System Market Size Analysis & Forecast, 2017‒2031

            9.6.1. U.S.

            9.6.2. Canada

    10. Europe Automotive Thermal System Market

        10.1. Market Snapshot

        10.2. Automotive Thermal System Market Size Analysis & Forecast, by Component, 2017‒2031

            10.2.1. Compressor

            10.2.2. HVAC

            10.2.3. Powertrain Cooling

            10.2.4. Fluid Transport

        10.3. Automotive Thermal System Market Size Analysis & Forecast, by Vehicle Type, 2017‒2031

            10.3.1. Passenger Vehicle

                10.3.1.1. Hatchback

                10.3.1.2. Sedan

                10.3.1.3. Utility Vehicles

            10.3.2. Light Commercial Vehicles

            10.3.3. Trucks

            10.3.4. Buses & Coaches

            10.3.5. Off-road Vehicle

                10.3.5.1. Agriculture Tractors & Equipment

                10.3.5.2. Construction & Mining Equipment

            10.3.6. Industrial Vehicles (Forklift, Etc.)

        10.4. Automotive Thermal System Market Size Analysis & Forecast, by Propulsion Type, 2017‒2031

            10.4.1. IC Engine Vehicles

            10.4.2. Electric and Hybrid Vehicles

        10.5. Automotive Thermal System Market Size Analysis & Forecast, by Application, 2017‒2031

            10.5.1. Front & Rear A/C

            10.5.2. Engine and Transmission

            10.5.3. Seat

            10.5.4. Battery

            10.5.5. Motor

            10.5.6. Waste Heat Recovery

            10.5.7. Power Electronics

            10.5.8. Others

        10.6. Key Country Analysis – Europe Automotive Thermal System Market Size Analysis & Forecast, 2017‒2031

            10.6.1. Germany

            10.6.2. U. K.

            10.6.3. France

            10.6.4. Italy

            10.6.5. Spain

            10.6.6. Nordic Countries

            10.6.7. Russia & CIS

            10.6.8. Rest of Europe

    11. Asia Pacific Automotive Thermal System Market

        11.1. Market Snapshot

        11.2. Automotive Thermal System Market Size Analysis & Forecast, by Component, 2017‒2031

            11.2.1. Compressor

            11.2.2. HVAC

            11.2.3. Powertrain Cooling

            11.2.4. Fluid Transport

        11.3. Automotive Thermal System Market Size Analysis & Forecast, by Vehicle Type, 2017‒2031

            11.3.1. Passenger Vehicle

                11.3.1.1. Hatchback

                11.3.1.2. Sedan

                11.3.1.3. Utility Vehicles

            11.3.2. Light Commercial Vehicles

            11.3.3. Trucks

            11.3.4. Buses & Coaches

            11.3.5. Off-road Vehicle

                11.3.5.1. Agriculture Tractors & Equipment

                11.3.5.2. Construction & Mining Equipment

            11.3.6. Industrial Vehicles (Forklift, Etc.)

        11.4. Automotive Thermal System Market Size Analysis & Forecast, by Propulsion Type, 2017‒2031

            11.4.1. IC Engine Vehicles

            11.4.2. Electric and Hybrid Vehicles

        11.5. Automotive Thermal System Market Size Analysis & Forecast, by Application, 2017‒2031

            11.5.1. Front & Rear A/C

            11.5.2. Engine and Transmission

            11.5.3. Seat

            11.5.4. Battery

            11.5.5. Motor

            11.5.6. Waste Heat Recovery

            11.5.7. Power Electronics

            11.5.8. Others

        11.6. Key Country Analysis – Asia Pacific Automotive Thermal System Market Size Analysis & Forecast, 2017‒2031

            11.6.1. China

            11.6.2. India

            11.6.3. Japan

            11.6.4. ASEAN Countries

            11.6.5. South Korea

            11.6.6. ANZ

            11.6.7. Rest of Asia Pacific

    12. Middle East & Africa Automotive Thermal System Market

        12.1. Market Snapshot

        12.2. Automotive Thermal System Market Size Analysis & Forecast, by Component, 2017‒2031

            12.2.1. Compressor

            12.2.2. HVAC

            12.2.3. Powertrain Cooling

            12.2.4. Fluid Transport

        12.3. Automotive Thermal System Market Size Analysis & Forecast, by Vehicle Type, 2017‒2031

            12.3.1. Passenger Vehicle

                12.3.1.1. Hatchback

                12.3.1.2. Sedan

                12.3.1.3. Utility Vehicles

            12.3.2. Light Commercial Vehicles

            12.3.3. Trucks

            12.3.4. Buses & Coaches

            12.3.5. Off-road Vehicle

                12.3.5.1. Agriculture Tractors & Equipment

                12.3.5.2. Construction & Mining Equipment

            12.3.6. Industrial Vehicles (Forklift, Etc.)

        12.4. Automotive Thermal System Market Size Analysis & Forecast, by Propulsion Type, 2017‒2031

            12.4.1. IC Engine Vehicles

            12.4.2. Electric and Hybrid Vehicles

        12.5. Automotive Thermal System Market Size Analysis & Forecast, by Application, 2017‒2031

            12.5.1. Front & Rear A/C

            12.5.2. Engine and Transmission

            12.5.3. Seat

            12.5.4. Battery

            12.5.5. Motor

            12.5.6. Waste Heat Recovery

            12.5.7. Power Electronics

            12.5.8. Others

        12.6. Key Country Analysis – Middle East & Africa Automotive Thermal System Market Size Analysis & Forecast, 2017‒2031

            12.6.1. GCC

            12.6.2. South Africa

            12.6.3. Turkey

            12.6.4. Rest of Middle East & Africa

    13. Latin America Automotive Thermal System Market

        13.1. Market Snapshot

        13.2. Automotive Thermal System Market Size Analysis & Forecast, by Component, 2017‒2031

            13.2.1. Compressor

            13.2.2. HVAC

            13.2.3. Powertrain Cooling

            13.2.4. Fluid Transport

        13.3. Automotive Thermal System Market Size Analysis & Forecast, by Vehicle Type, 2017‒2031

            13.3.1. Passenger Vehicle

                13.3.1.1. Hatchback

                13.3.1.2. Sedan

                13.3.1.3. Utility Vehicles

            13.3.2. Light Commercial Vehicles

            13.3.3. Trucks

            13.3.4. Buses & Coaches

            13.3.5. Off-road Vehicle

                13.3.5.1. Agriculture Tractors & Equipment

                13.3.5.2. Construction & Mining Equipment

            13.3.6. Industrial Vehicles (Forklift, Etc.)

        13.4. Automotive Thermal System Market Size Analysis & Forecast, by Propulsion Type, 2017‒2031

            13.4.1. IC Engine Vehicles

            13.4.2. Electric and Hybrid Vehicles

        13.5. Automotive Thermal System Market Size Analysis & Forecast, by Application, 2017‒2031

            13.5.1. Front & Rear A/C

            13.5.2. Engine and Transmission

            13.5.3. Seat

            13.5.4. Battery

            13.5.5. Motor

            13.5.6. Waste Heat Recovery

            13.5.7. Power Electronics

            13.5.8. Others

        13.6. Key Country Analysis – Latin America Automotive Thermal System Market Size Analysis & Forecast, 2017‒2031

            13.6.1. Brazil

            13.6.2. Mexico

            13.6.3. Argentina

            13.6.4. Rest of Latin America

    14. Competitive Landscape

        14.1. Company Share Analysis/ Brand Share Analysis, 2020

        14.2. Pricing comparison among key players

        14.3. Company Analysis for each player (Company Overview, Company Footprints, Production Locations, Product Portfolio, Competitors & Customers, Subsidiaries & Parent Organization, Recent Developments, Financial Analysis, Profitability, Revenue Share)

    15. Company Profile/ Key Players

            15.1.1. Continental AG

                15.1.1.1. Company Overview

                15.1.1.2. Company Footprints

                15.1.1.3. Production Locations

                15.1.1.4. Product Portfolio

                15.1.1.5. Competitors & Customers

                15.1.1.6. Subsidiaries & Parent Organization

                15.1.1.7. Recent Developments

                15.1.1.8. Financial Analysis

                15.1.1.9. Profitability

                15.1.1.10. Revenue Share

            15.1.2. DENSO Corporation

                15.1.2.1. Company Overview

                15.1.2.2. Company Footprints

                15.1.2.3. Production Locations

                15.1.2.4. Product Portfolio

                15.1.2.5. Competitors & Customers

                15.1.2.6. Subsidiaries & Parent Organization

                15.1.2.7. Recent Developments

                15.1.2.8. Financial Analysis

                15.1.2.9. Profitability

                15.1.2.10. Revenue Share

            15.1.3. Dana Incorporated

                15.1.3.1. Company Overview

                15.1.3.2. Company Footprints

                15.1.3.3. Production Locations

                15.1.3.4. Product Portfolio

                15.1.3.5. Competitors & Customers

                15.1.3.6. Subsidiaries & Parent Organization

                15.1.3.7. Recent Developments

                15.1.3.8. Financial Analysis

                15.1.3.9. Profitability

                15.1.3.10. Revenue Share

            15.1.4. Grayson Thermal Systems

                15.1.4.1. Company Overview

                15.1.4.2. Company Footprints

                15.1.4.3. Production Locations

                15.1.4.4. Product Portfolio

                15.1.4.5. Competitors & Customers

                15.1.4.6. Subsidiaries & Parent Organization

                15.1.4.7. Recent Developments

                15.1.4.8. Financial Analysis

                15.1.4.9. Profitability

                15.1.4.10. Revenue Share

            15.1.5. Gentherm Inc.

                15.1.5.1. Company Overview

                15.1.5.2. Company Footprints

                15.1.5.3. Production Locations

                15.1.5.4. Product Portfolio

                15.1.5.5. Competitors & Customers

                15.1.5.6. Subsidiaries & Parent Organization

                15.1.5.7. Recent Developments

                15.1.5.8. Financial Analysis

                15.1.5.9. Profitability

                15.1.5.10. Revenue Share

            15.1.6. Hanon Systems

                15.1.6.1. Company Overview

                15.1.6.2. Company Footprints

                15.1.6.3. Production Locations

                15.1.6.4. Product Portfolio

                15.1.6.5. Competitors & Customers

                15.1.6.6. Subsidiaries & Parent Organization

                15.1.6.7. Recent Developments

                15.1.6.8. Financial Analysis

                15.1.6.9. Profitability

                15.1.6.10. Revenue Share

            15.1.7. Lennox International Inc.

                15.1.7.1. Company Overview

                15.1.7.2. Company Footprints

                15.1.7.3. Production Locations

                15.1.7.4. Product Portfolio

                15.1.7.5. Competitors & Customers

                15.1.7.6. Subsidiaries & Parent Organization

                15.1.7.7. Recent Developments

                15.1.7.8. Financial Analysis

                15.1.7.9. Profitability

                15.1.7.10. Revenue Share

            15.1.8. Modine Manufacturing Company Inc.

                15.1.8.1. Company Overview

                15.1.8.2. Company Footprints

                15.1.8.3. Production Locations

                15.1.8.4. Product Portfolio

                15.1.8.5. Competitors & Customers

                15.1.8.6. Subsidiaries & Parent Organization

                15.1.8.7. Recent Developments

                15.1.8.8. Financial Analysis

                15.1.8.9. Profitability

                15.1.8.10. Revenue Share

            15.1.9. MAHLE GmbH

                15.1.9.1. Company Overview

                15.1.9.2. Company Footprints

                15.1.9.3. Production Locations

                15.1.9.4. Product Portfolio

                15.1.9.5. Competitors & Customers

                15.1.9.6. Subsidiaries & Parent Organization

                15.1.9.7. Recent Developments

                15.1.9.8. Financial Analysis

                15.1.9.9. Profitability

                15.1.9.10. Revenue Share

            15.1.10. Robert Bosch GmbH

                15.1.10.1. Company Overview

                15.1.10.2. Company Footprints

                15.1.10.3. Production Locations

                15.1.10.4. Product Portfolio

                15.1.10.5. Competitors & Customers

                15.1.10.6. Subsidiaries & Parent Organization

                15.1.10.7. Recent Developments

                15.1.10.8. Financial Analysis

                15.1.10.9. Profitability

                15.1.10.10. Revenue Share

            15.1.11. Valeo SA

                15.1.11.1. Company Overview

                15.1.11.2. Company Footprints

                15.1.11.3. Production Locations

                15.1.11.4. Product Portfolio

                15.1.11.5. Competitors & Customers

                15.1.11.6. Subsidiaries & Parent Organization

                15.1.11.7. Recent Developments

                15.1.11.8. Financial Analysis

                15.1.11.9. Profitability

                15.1.11.10. Revenue Share

            15.1.12. Visteon Corporation

                15.1.12.1. Company Overview

                15.1.12.2. Company Footprints

                15.1.12.3. Production Locations

                15.1.12.4. Product Portfolio

                15.1.12.5. Competitors & Customers

                15.1.12.6. Subsidiaries & Parent Organization

                15.1.12.7. Recent Developments

                15.1.12.8. Financial Analysis

                15.1.12.9. Profitability

                15.1.12.10. Revenue Share

            15.1.13. Other Key Players

    List of Tables

    Table 1: Global Automotive Thermal System Market Value (US$ Bn) Forecast, by Component, 2017‒2031

    Table 2: Global Automotive Thermal System Market Value (US$ Bn) Forecast, by Vehicle Type, 2017‒2031

    Table 3: Global Automotive Thermal System Market Value (US$ Bn) Forecast, by Propulsion Type, 2017‒2031

    Table 4: Global Automotive Thermal System Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Table 5: Global Automotive Thermal System Market Value (US$ Bn) Forecast, by Region, 2017‒2031

    Table 6: North America Automotive Thermal System Market Value (US$ Bn) Forecast, by Component, 2017‒2031

    Table 7: North America Automotive Thermal System Market Value (US$ Bn) Forecast, by Vehicle Type, 2017‒2031

    Table 8: North America Automotive Thermal System Market Value (US$ Bn) Forecast, by Propulsion Type, 2017‒2031

    Table 9: North America Automotive Thermal System Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Table 10: North America Automotive Thermal System Market Value (US$ Bn) Forecast, by Country, 2017‒2031

    Table 11: Europe Automotive Thermal System Market Value (US$ Bn) Forecast, by Component, 2017‒2031

    Table 12: Europe Automotive Thermal System Market Value (US$ Bn) Forecast, by Vehicle Type, 2017‒2031

    Table 13: Europe Automotive Thermal System Market Value (US$ Bn) Forecast, by Propulsion Type, 2017‒2031

    Table 14: Europe Automotive Thermal System Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Table 15: Europe Automotive Thermal System Market Value (US$ Bn) Forecast, by Country, 2017‒2031

    Table 16: Asia Pacific Automotive Thermal System Market Value (US$ Bn) Forecast, by Component, 2017‒2031

    Table 17: Asia Pacific Automotive Thermal System Market Value (US$ Bn) Forecast, by Vehicle Type, 2017‒2031

    Table 18: Asia Pacific Automotive Thermal System Market Value (US$ Bn) Forecast, by Propulsion Type, 2017‒2031

    Table 19: Asia Pacific Automotive Thermal System Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Table 20: Asia Pacific Automotive Thermal System Market Value (US$ Bn) Forecast, by Country, 2017‒2031

    Table 21: Middle East & Africa Automotive Thermal System Market Value (US$ Bn) Forecast, by Component, 2017‒2031

    Table 22: Middle East & Africa Automotive Thermal System Market Value (US$ Bn) Forecast, by Vehicle Type, 2017‒2031

    Table 23: Middle East & Africa Automotive Thermal System Market Value (US$ Bn) Forecast, by Propulsion Type, 2017‒2031

    Table 24: Middle East & Africa Automotive Thermal System Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Table 25: Middle East & Africa Automotive Thermal System Market Value (US$ Bn) Forecast, by Country, 2017‒2031

    Table 26: Latin America Automotive Thermal System Market Value (US$ Bn) Forecast, by Component, 2017‒2031

    Table 27: Latin America Automotive Thermal System Market Value (US$ Bn) Forecast, by Vehicle Type, 2017‒2031

    Table 28: Latin America Automotive Thermal System Market Value (US$ Bn) Forecast, by Propulsion Type, 2017‒2031

    Table 29: Latin America Automotive Thermal System Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Table 30: Latin America Automotive Thermal System Market Value (US$ Bn) Forecast, by Country, 2017‒2031

    List of Figures

    Figure 1: Global Automotive Thermal System Market Value (US$ Bn) Forecast, by Component, 2017‒2031

    Figure 2: Global Automotive Thermal System Market, Incremental Opportunity, by Component, Value (US$ Bn), 2021‒2031

    Figure 3: Global Automotive Thermal System Market Value (US$ Bn) Forecast, by Vehicle Type, 2017‒2031

    Figure 4: Global Automotive Thermal System Market, Incremental Opportunity, by Vehicle Type, Value (US$ Bn), 2021‒2031

    Figure 5: Global Automotive Thermal System Market Value (US$ Bn) Forecast, by Propulsion Type, 2017‒2031

    Figure 6: Global Automotive Thermal System Market, Incremental Opportunity, by Propulsion Type, Value (US$ Bn), 2021‒2031

    Figure 7: Global Automotive Thermal System Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Figure 8: Global Automotive Thermal System Market, Incremental Opportunity, by Application, Value (US$ Bn), 2021‒2031

    Figure 9: Global Automotive Thermal System Market Value (US$ Bn) Forecast, by Region, 2017‒2031

    Figure 10: Global Automotive Thermal System Market, Incremental Opportunity, by Region, Value (US$ Bn), 2021‒2031

    Figure 11: North America Automotive Thermal System Market Value (US$ Bn) Forecast, by Component, 2017‒2031

    Figure 12: North America Automotive Thermal System Market, Incremental Opportunity, by Component, Value (US$ Bn), 2021‒2031

    Figure 13: North America Automotive Thermal System Market Value (US$ Bn) Forecast, by Vehicle Type, 2017‒2031

    Figure 14: North America Automotive Thermal System Market, Incremental Opportunity, by Vehicle Type, Value (US$ Bn), 2021‒2031

    Figure 15: North America Automotive Thermal System Market Value (US$ Bn) Forecast, by Propulsion Type, 2017‒2031

    Figure 16: North America Automotive Thermal System Market, Incremental Opportunity, by Propulsion Type, Value (US$ Bn), 2021‒2031

    Figure 17: North America Automotive Thermal System Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Figure 18: North America Automotive Thermal System Market, Incremental Opportunity, by Application, Value (US$ Bn), 2021‒2031

    Figure 19: North America Automotive Thermal System Market Value (US$ Bn) Forecast, by Country, 2017‒2031

    Figure 20: North America Automotive Thermal System Market, Incremental Opportunity, by Country, Value (US$ Bn), 2021‒2031

    Figure 21: Europe Automotive Thermal System Market Value (US$ Bn) Forecast, by Component, 2017‒2031

    Figure 22: Europe Automotive Thermal System Market, Incremental Opportunity, by Component, Value (US$ Bn), 2021‒2031

    Figure 23: Europe Automotive Thermal System Market Value (US$ Bn) Forecast, by Vehicle Type, 2017‒2031

    Figure 24: Europe Automotive Thermal System Market, Incremental Opportunity, by Vehicle Type, Value (US$ Bn), 2021‒2031

    Figure 25: Europe Automotive Thermal System Market Value (US$ Bn) Forecast, by Propulsion Type, 2017‒2031

    Figure 26: Europe Automotive Thermal System Market, Incremental Opportunity, by Propulsion Type, Value (US$ Bn), 2021‒2031

    Figure 27: Europe Automotive Thermal System Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Figure 28: Europe Automotive Thermal System Market, Incremental Opportunity, by Application, Value (US$ Bn), 2021‒2031

    Figure 29: Europe Automotive Thermal System Market Value (US$ Bn) Forecast, by Country, 2017‒2031

    Figure 30: Europe Automotive Thermal System Market, Incremental Opportunity, by Country, Value (US$ Bn), 2021‒2031

    Figure 31: Asia Pacific Automotive Thermal System Market Value (US$ Bn) Forecast, by Component, 2017‒2031

    Figure 32: Asia Pacific Automotive Thermal System Market, Incremental Opportunity, by Component, Value (US$ Bn), 2021‒2031

    Figure 33: Asia Pacific Automotive Thermal System Market Value (US$ Bn) Forecast, by Vehicle Type, 2017‒2031

    Figure 34: Asia Pacific Automotive Thermal System Market, Incremental Opportunity, by Vehicle Type, Value (US$ Bn), 2021‒2031

    Figure 35: Asia Pacific Automotive Thermal System Market Value (US$ Bn) Forecast, by Propulsion Type, 2017‒2031

    Figure 36: Asia Pacific Automotive Thermal System Market, Incremental Opportunity, by Propulsion Type, Value (US$ Bn), 2021‒2031

    Figure 37: Asia Pacific Automotive Thermal System Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Figure 38: Asia Pacific Automotive Thermal System Market, Incremental Opportunity, by Application, Value (US$ Bn), 2021‒2031

    Figure 39: Asia Pacific Automotive Thermal System Market Value (US$ Bn) Forecast, by Country, 2017‒2031

    Figure 40: Asia Pacific Automotive Thermal System Market, Incremental Opportunity, by Country, Value (US$ Bn), 2021‒2031

    Figure 41: Middle East & Africa Automotive Thermal System Market Value (US$ Bn) Forecast, by Component, 2017‒2031

    Figure 42: Middle East & Africa Automotive Thermal System Market, Incremental Opportunity, by Component, Value (US$ Bn), 2021‒2031

    Figure 43: Middle East & Africa Automotive Thermal System Market Value (US$ Bn) Forecast, by Vehicle Type, 2017‒2031

    Figure 44: Middle East & Africa Automotive Thermal System Market, Incremental Opportunity, by Vehicle Type, Value (US$ Bn), 2021‒2031

    Figure 45: Middle East & Africa Automotive Thermal System Market Value (US$ Bn) Forecast, by Propulsion Type, 2017‒2031

    Figure 46: Middle East & Africa Automotive Thermal System Market, Incremental Opportunity, by Propulsion Type, Value (US$ Bn), 2021‒2031

    Figure 47: Middle East & Africa Automotive Thermal System Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Figure 48: Middle East & Africa Automotive Thermal System Market, Incremental Opportunity, by Application, Value (US$ Bn), 2021‒2031

    Figure 49: Middle East & Africa Automotive Thermal System Market Value (US$ Bn) Forecast, by Country, 2017‒2031

    Figure 50: Middle East & Africa Automotive Thermal System Market, Incremental Opportunity, by Country, Value (US$ Bn), 2021‒2031

    Figure 51: Latin America Automotive Thermal System Market Value (US$ Bn) Forecast, by Component, 2017‒2031

    Figure 52: Latin America Automotive Thermal System Market, Incremental Opportunity, by Component, Value (US$ Bn), 2021‒2031

    Figure 53: Latin America Automotive Thermal System Market Value (US$ Bn) Forecast, by Vehicle Type, 2017‒2031

    Figure 54: Latin America Automotive Thermal System Market, Incremental Opportunity, by Vehicle Type, Value (US$ Bn), 2021‒2031

    Figure 55: Latin America Automotive Thermal System Market Value (US$ Bn) Forecast, by Propulsion Type, 2017‒2031

    Figure 56: Latin America Automotive Thermal System Market, Incremental Opportunity, by Propulsion Type, Value (US$ Bn), 2021‒2031

    Figure 57: Latin America Automotive Thermal System Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Figure 58: Latin America Automotive Thermal System Market, Incremental Opportunity, by Application, Value (US$ Bn), 2021‒2031

    Figure 59: Latin America Automotive Thermal System Market Value (US$ Bn) Forecast, by Country, 2017‒2031

    Figure 60: Latin America Automotive Thermal System Market, Incremental Opportunity, by Country, Value (US$ Bn), 2021‒2031

Copyright © Transparency Market Research, Inc. All Rights reserved