Automotive has now more functionality and increased energy density. The batteries are being packed into automotive with carbon prints that can be much or low the similar. Owing to this more heat is being produced than ever in engines and automotive parts. The task for makers and engineers is to ensure that the heat is effectively controlled and dissipated, enabled vehicle layout to acquire without adversely affecting functionality, total performance, dependency, cost, and several reasons.
Electric automotive have become an interior part of the automotive industry, showing a pathway in achieving energy efficacy and decreased emission of pollutants and greenhouse gases. Automotive that run on all electric powertrain or hybrid powertrain need to have a battery thermal management system. The battery functions under particular temperature for optimal charge storage and utilization efficacy. Thus the rising in the battery electric automotive or plug in hybrid automotive will fuel the automotive thermal management market in the survey duration.
On contrary, with main OEMs impacted by supply chain restraints and the quick spread of corona virus, smaller parts producers faced obstructions in enduring production actions without purchase orders. With major OEMs impacted by supply chain restraints and the quick spread of COVID-19, smaller parts producers faced obstructions in ongoing manufacture actions without buying orders.
Key features of the study:
- This report provides in-depth analysis of the global automotive thermal management market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global automotive thermal management market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Major players in the global automotive thermal management market are 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.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global automotive thermal management market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive thermal management market
- Global Automotive Thermal Management Market, 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
- Global Automotive Thermal Management Market, By Vehicle Type:
- Passenger Cars
- Commercial Vehicles
- Global Automotive Thermal Management Market, By Geography:
- North America
- Rest of the World
- Company Profiles:
- Robert Bosch GmbH
- Dana Incorporated
- MAHLE GmbH
- Gentherm Incorporated
- Hanon Systems
- Denso Corporation
- BorgWarner Inc.
- Valeo Group
- Modine Manufacturing Company
- Schaeffler Technologies AG & Co. KG