Automotive Thermal System Market by Product Type, Distribution Channel, End User 2024-2032
                     Global Automotive 
Thermal System Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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Acco r d ing  t o  t h e  l a t es t  r epo r t  b y  I M ARC  G r ou p ,  t i t l ed  "A ut om ot i ve  Ther mal  Sys t em 
M ar ke t :  G l ob a l  I ndu st ry  T rend s ,  Shar e ,  S i ze ,  G row t h ,  O pp or t u n i t y  and  Fo rec as t  
2024 - 203 2 , "  t he  g lob a l  a u t om o t i ve  t h e r m a l  s ys t e m  m ar k e t  s i ze  r ea ched  US$  3 7 . 0  
B i l l i on  i n  20 23 .
Au t o m o t i ve  t he r m a l  sys t em s  a r e  w ide l y  em p loyed  i n  v eh i c le s  t o  m anag e  t he  
Report t em per a t u r e  l eve l s  o f  t he  va r io us  au t om ob i l e  com po nen t s .  These  sys t em s  em p loy  
sen so r s  t o  d e t e r m ine  t he  t em per a t u r e  o f  t he  eng ine  and  o t he r  r e la t ed  com pone n t s ,  
Highlight and such  as  m o t o r ,  ba t t e r y  and  cab i ne t .  I f  t he  t e m pe r a t u r e  i s  u ndes i r ab le  o r  no t  a t  op t i m um  o pe r a t i ng  c ond i t i ons ,  t h ese  s ys t e m s  r e gu la t e  t he  sa m e  t o  im p r ove  u se r  
com f o r t  w i t ho u t  a dve r se l y  a f f ec t i ng  t he  v eh i c le  r ange .  
Description They  a r e  esse n t i a l  f o r  m in im iz ing  t he  o ccu r r e nce  o f  t e m pe r a t u r e  f l uc t u a t i on s  w h i l e  
e f f e c t i ve l y  lo wer in g  t he  t he r m a l  l oad  on  t he  veh i c le .  They  as s i s t  i n  im p r o v ing  t he  
ove r a l l  e f f i c ie ncy ,  r educ in g  f ue l  con sum pt ion  an d  en hanc i ng  po wer t r a in  e f f i c acy  o f  
t he  au t o m ob i l e s  wh i l e  co ns ide r ab l y  l ower in g  t h e  ca r bon  em is s ion  l eve l s .
Reque st  f o r  a  PDF  sam pl e  o f  t h i s  re por t :  
h t t p s : / / www. im ar c g r ou p . com / au t om o t i ve - t he r m a l - sy s t em - m a r ke t / r eq ue s t s am p le
Report Description
G l o b a l  A u t o m o t i v e  T h e r m a l  S y s t e m  M a r k e t  T r e n d s :
T h e  m a r k e t  i s  p r i m a r i l y  d r i v e n  b y  t h e  i n c r e a s i n g  e n v i r o n m e n t a l  c o n s c i o u s n e s s  a m o n g  t h e  m a s s e s  a n d  t h e  e s c a l a t i n g  n e e d  f o r  r e d u c i n g  
c a r b o n  e m i s s i o n s  p r o d u c e d  b y  t h e  v e h i c l e ’ s  i n t e r n a l  c o m b u s t i o n  e n g i n e s  ( I C E s ) .  T h i s  i s  b e i n g  s u p p o r t e d  b y  t h e  n u m e r o u s  s t r i n g e n t  
r e g u l a t i o n s  i m p o s e d  b y  t h e  g o v e r n m e n t s  o f  v a r i o u s  c o u n t r i e s  f o r  m i n i m i z i n g  h a r m f u l  v e h i c u l a r  e m i s s i o n s  a n d  e n c o u r a g i n g  f u e l  
e f f i c i e n c y .  M o r e o v e r ,  t h e r e  h a s  b e e n  a  c o n s i d e r a b l e  r i s e  i n  t h e  p r o d u c t i o n  o f  e l e c t r i c  v e h i c l e s  ( E V s )  o n  t h e  g l o b a l  l e v e l ,  f a c i l i t a t e d  b y  
t h e  i n f l a t i n g  d i s p o s a b l e  i n c o m e s  o f  t h e  m a s s e s .  T h e r m a l  m a n a g e m e n t  s y s t e m s  f o r m  a  c r u c i a l  c o m p o n e n t  o f  t h e s e  v e h i c l e s  t o  r e g u l a t e  
t h e  i n t e r n a l  t e m p e r a t u r e  a n d  t o  u t i l i z e  t h e  a v a i l a b l e  h e a t  e n e r g y  f o r  a c h i e v i n g  a  l o n g e r  d r i v i n g  r a n g e .  
T h e s e  a u t o m o b i l e s  a r e  a l s o  e x t e n s i v e l y  b e i n g  i n t e g r a t e d  w i t h  t h e r m a l  s e n s o r s  t h a t  o f f e r  a c c u r a t e  t e m p e r a t u r e  r e a d i n g s  i n  r e a l - t i m e .  
C o u p l e d  w i t h  t h e i r  g r o w i n g  i n t e g r a t i o n  w i t h  e n e r g y - e f f i c i e n t  a d v a n c e d  h e a t i n g ,  v e n t i l a t i o n  a n d  a i r  c o n d i t i o n i n g  ( H V A C )  s y s t e m s ,  t h e  
g r o w i n g  s a l e s  o f  E V s  a r e ,  i n  t u r n ,  a n t i c i p a t e d  t o  p r o v i d e  a  t h r u s t  t o  t h e  m a r k e t  g r o w t h .  T h e  m a r k e t  i s  f u r t h e r  d r i v e n  b y  t h e  i n c r e a s i n g  
r e s e a r c h  a n d  d e v e l o p m e n t  ( R & D )  a c t i v i t i e s  u n d e r t a k e n  b y  n u m e r o u s  p l a y e r s  t o  d e v e l o p  t h e r m o e l e c t r i c  w a s t e  h e a t  r e c o v e r y  s y s t e m s  
t h a t  a r e  e x p e c t e d  t o  f u r t h e r  e n h a n c e  t h e  f u e l  e c o n o m y  o f  t h e  v e h i c l e s .  S o m e  o f  t h e  o t h e r  f a c t o r s  c o n t r i b u t i n g  t o  t h e  m a r k e t  g r o w t h  
i n c l u d e  t h e  i n c r e a s i n g  d e m a n d  f o r  d r i v e r  c o m f o r t  a n d  t h e  r i s i n g  d e m a n d  f o r  h e a v y  v e h i c l e s  f r o m  n u m e r o u s  e n d  u s e  i n d u s t r i e s .
L o o k i n g  f o r w a r d ,  t h e  m a r k e t  i s  a n t i c i p a t e d  t o  g r o w  a t  a  C A G R  o f  3 . 6 %  d u r i n g  2 0 2 4 - 2 0 3 2 .
V i e w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / a u t o m o t i v e - t h e r m a l - s y s t e m - m a r k e t
Breakup by Component:
• Compressor
• HVAC
• Powertrain Cool ing
• Fluid Transport
Report 
Breakup by Vehicle Type:
Segmentation • Passenger Cars
• Light Commercia l  Vehicles
• Heavy Commercial  Vehicles
• Others
Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Latin America
Report • Middle East and Afr ica
Segmentation
• Borgwarner Inc.
• Continental Akt iengesel lschaft
• DENSO Corporat ion
Competitive • General  Motors Company
Landscape • Gentherm Incorporated
• Grayson Automotive Services Limited
with Key 
• Lennox International Inc.
Players • MAHLE GmbH
• Modine Manufacturing Company Inc.
• Visteon Corporation
How big is the global automotive thermal system 
market?
What is the expected growth rate of the global 
automotive thermal system market during 2024-
2032?
What are the key factors driving the global 
Key automotive thermal system market?
Questions What has been the impact of COVID-19 on the 
global automotive thermal system market?
Answered in 
What is the breakup of the global automotive 
the Report thermal system market based on the component?
What is the breakup of the global automotive 
thermal system market based on the vehicle type?
What are the key regions in the global automotive 
thermal system market?
Who are the key players/companies in the global 
automotive thermal system market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  A u t o m o t i v e  T h e r m a l  S y s t e m  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  C o m p o n e n t
    6 . 1     C o m p r e s s o r
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     H V A C
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
    6 . 3     P o w e r t r a i n  C o o l i n g
        6 . 3 . 1  M a r k e t  T r e n d s
        6 . 3 . 2  M a r k e t  F o r e c a s t
       
    6 . 4     F l u i d  T r a n s p o r t
        6 . 4 . 1  M a r k e t  T r e n d s
        6 . 4 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  V e h i c l e  T y p e
    7 . 1     P a s s e n g e r  C a r s
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
    7 . 2     L i g h t  C o m m e r c i a l  V e h i c l e s
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
    7 . 3     H e a v y  C o m m e r c i a l  V e h i c l e s
Table of         7 . 3 . 1  M a r k e t  T r e n d s
        7 . 3 . 2  M a r k e t  F o r e c a s t
    7 . 4     O t h e r s
Contents         7 . 4 . 1  M a r k e t  T r e n d s        7 . 4 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  R e g i o n
    8 . 1     N o r t h  A m e r i c a
        8 . 1 . 1  U n i t e d  S t a t e s
           8 . 1 . 1 . 1  M a r k e t  T r e n d s
           8 . 1 . 1 . 2  M a r k e t  F o r e c a s t
        8 . 1 . 2  C a n a d a
           8 . 1 . 2 . 1  M a r k e t  T r e n d s
           8 . 1 . 2 . 2  M a r k e t  F o r e c a s t
    8 . 2     A s i a  P a c i f i c
        8 . 2 . 1  C h i n a
           8 . 2 . 1 . 1  M a r k e t  T r e n d s
           8 . 2 . 1 . 2  M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m /a u to m o t i v e - the rm a l - sy s t em -m a r
ke t / t o c
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