Automotive Thermal Management System Market Analysis 2018 to 2023.
Pune, India -- (SBWIRE) -- 06/19/2018 -- Automotive Thermal Management System Market Analysis 2018 to 2023 is latest Global Automotive Thermal Management System Industry Research Report added by "Market Research Future", provides information on Automotive Thermal Management System Market Size, Share, Growth, Trends, And Regional Analysis with Forecast To 2023. Automotive Thermal Management System Market Segmented by Component (Compressor, HVAC, Powertrain Cooling, and Fluid Transport), System (Motor, Battery, Cabinet Area), Vehicle Type, Electric Vehicle Type (BEV, PHEV, HEV) and Regions.
Global Automotive Thermal Management System Market Highlights:
Automotive Thermal Management System Market is growing at growth rate of 8.55% by 2023. This growth is boosted by factors such as stringent environmental regulations, innovation in powertrain and passenger comfort technologies, growing sales of electric vehicles, and among others. European automakers are developing various types of technologies such as exhaust-gas recirculation (EGR) cooling, variable mechanical devices, and replacement of mechanical with electric pumps and accessories to improve the efficiency of the thermal management system. Passenger comfort technologies tend to improve the cabin comfort and reduce fuel consumption.
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Automotive Thermal Management System Market Companies Analyzed in report are:
Denso (Japan), MAHLE GmbH (Germany), Valeo (France), Gentherm (U.S.), and BorgWarner (U.S.). Bosch (Germany), CapTherm Systems (Canada), Dana Incorporated (U.S.), DuPont (U.S.), Hanon Systems (South Korea), and VOSS Automotive (Indiana) are among others.
A thermal management system is used to control the temperature of various systems in vehicles. Vehicle manufacturers are developing new technologies to improve the vehicle and drivetrain efficiency, and heat loss due to overheating of engines. The improved thermal management system can enhance the efficiency of conventional powertrain and reduce the energy consumption by cooling the passenger cabin. In electric vehicles, thermal management plays a magnificent role in extending the range of vehicles by ensuring comfort for passengers.
On the basis of region, the market is segmented based on North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to dominate the market during the forecast period. The automotive thermal management systems require significant initial investments, which becomes the entry barrier for the small companies in the market. The availability of sophisticated technologies related to thermal management system in region such as North America, Europe, and Asia Pacific region has propelled the demand in the automotive thermal management system market. Existence of major manufacturers in these regions along with their partnerships with the local players, over time, have deepened the scope of the market in these regions.
On the other hand, the lack of major market players and advanced technologies have resulted in alienating certain geographies, specifically in the African region. North America is expected to be the second largest market to grow during the forecast period due to immense demand of commercial vehicles in U.S. With the increase in demand of commercial vehicles there has been an increase in demand for automotive thermal management system market. Increased travel time generates the need for adoption of advanced technologies, such as thermal management system and climate control system for the desired comfort. The advancement in the technologies will hence result in the growth of the market during the forecast period. Europe is expected to be the third largest market to grow during the forecast period due to presence of major manufacturers in this region. U.K, Germany, and Italy account for a majority of the market share of automotive thermal management systems in this region.
By Vehicle Type:
By Electric Vehicle Type:
Rest of the World
Target Audience of Report:
This report mainly focuses on Automotive Thermal Management System manufacturers, Distributer & Supplier companies, and end Users. Investment bankers and consultants with end user for Automotive Thermal Management System market also analyzed. And finally Government and Independent Regulatory Authorities involved with Global Automotive Thermal Management System market are studied in this report.
Global Automotive Thermal Management System market Research Insights:
This study provides an overview of the global Automotive Thermal Management System market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Automotive Thermal Management System market by its product, application, vehicle type, and electric vehicle type, and region
The report for Global Automotive Thermal Management System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Major Table of Content:
1.2 SCOPE OF STUDY
1.3 RESEARCH OBJECTIVE
1.4 ASSUMPTIONS & LIMITATIONS
1.5 MARKET STRUCTURE:
2 RESEARCH VEHICLE TYPEOLOGY
2.1 RESEARCH PROCESS
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
3 MARKET DYNAMICS
3.5 MACROECONOMIC INDICATORS
4 MARKET FACTOR ANALYSIS
4.1 PORTER'S FIVE FORCES MODEL
4.1.1 BARGAINING POWER OF SUPPLIERS
4.1.2 BARGAINING POWER OF CUSTOMER
4.1.3 INTENSITY OF COMPETITOR'S
4.1.4 THREAT OF NEW ENTRANTS
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