DUBLIN--(BUSINESS WIRE)--The "Automotive Thermal Management Market by Application (Front & Rear A/C, Engine, Transmission, Seat, Steering, Battery, Motor, Power Electronics, Waste Heat Recovery), Technology, Type (ICE, BEV, HEV, PHEV & FCEV) & Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global automotive thermal management market is projected to grow at a CAGR of 3.32%, during the forecast period, from an estimated USD 52.69 billion in 2018 to USD 66.10 billion by 2025
The increasing penetration of air-conditioning (AC) systems in developing countries, increase in demand for heated and ventilated seats in the US, Germany, and the UK and growing demand for battery thermal management with increase in sales of electric & hybrid vehicles is driving the demand for thermal management.
Alternatively, high development cost of advanced thermal management systems such as waste heat recovery, heated steering, heated/ventilated seats, and lack of standardization in the thermal management technologies are key factors hindering the growth of the automotive thermal management market. However, with advancements in technologies, this is projected to be commercialized in the coming years.
Key companies considered in the study are Denso (Japan), Gentherm (US), MAHLE (Germany), Valeo (France), BorgWarner (US), Dana (US), Calsonic Kansei (Japan), Eberspcher (Germany), Continental (Germany), and Schaeffler (Germany).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Thermal Management Market (ICE), By Application
7 Automotive Thermal Management Market (ICE), By Technology
8 Automotive Thermal Management Market (ICE), By Vehicle Type
9 Electric & Hybrid Vehicle Thermal Management Market, By Application
10 Electric & Hybrid Vehicle Thermal Management Market, By Vehicle Type
11 Automotive Thermal Management Market (ICE), By Region
12 Competitive Landscape
13 Company Profiles
- Calsonic Kansei
- Grayson Thermal Systems
- Hanon Systems
- LG Chem
- Johnson Electric
For more information about this report visit https://www.researchandmarkets.com/research/53z848/52_billion?w=4