Global Thermal System Market Outlook (2018 to 2027) - Agreements, Partnerships, Collaborations and Joint Ventures - ResearchAndMarkets.com
The "Thermal System - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Thermal System market accounted for $47.04 billion in 2018 and is expected to reach $71.74 billion by 2027 growing at a CAGR of 4.8% during the forecast period.
Some of the key factors influencing market growth include growing focus on fuel efficiency, driver comfort, increasing demand for electric vehicles globally and stringency in emission norms to cut down vehicular emissions. However, the high costs of thermal system technology is restraining market growth.
The thermal system monitors and regulates the working temperature of various automobile components such as motor, battery, cabinet area, and others, increasing their efficiency and preventing breakdown. In addition, this system maintains the desired temperature level in automobile, thereby enhancing user comfort level.
Amongst application, waste heat recovery segment is estimated to be a significant growing segment for automotive thermal system market in the forecast period owing to the strict emission regulations globally. Currently, the penetration of a waste heat recovery system is significant in heavy commercial vehicles. The high emission of CO2 associated with automobiles raises serious concerns out environmental sustainability. The automotive industry is developing cost-efficient methods to utilize waste heat and reduce greenhouse gas emissions.
Some of the key players in global Thermal System market are MAHLE GmbH, Hanon Systems, Schaeffler AG, Denso Corporation, Dana Limited, Gentherm, Magma International Inc., Robert Bosch GmbH, Borgwarner Inc., Johnson Electric Holdings Ltd., Boyd Corporation, Dupont, Continental AG, Delphi Automotive PLC, Hyundai Motor Company, ZF Friedrichshafen AG, General Motors Company, Ford Motor Company, Sanden Holdings Corporation, and Grayson Thermal Systems.
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
5 Global Thermal System Market, By Vehicle Type
5.1 Introduction
5.2 Internal Combustion Engine (ICE)
5.2.1 Truck
5.2.2 Passenger Cars
5.2.3 Bus
5.2.4 Light Commercial Vehicles (LCVs)
5.3 Electric & Hybrid
5.3.1 Hybrid Electric Vehicle (HEV)
5.3.2 Fuel Cell Electric Vehicle (FCEV)
5.3.3 Battery Electric Vehicle (BEV)
5.3.4 Plug-in Hybrid Electric Vehicle (PHEV)
5.3.5 Mild Hybrid Vehicle
6 Global Thermal System Market, By Technology
6.1 Introduction
6.2 Reduced Heating, Ventilation, and Air Conditioning (HVAC) System Loading
6.3 Active Transmission Warm-Up
6.4 Exhaust Gas Recirculation
6.5 Engine Thermal Mass Reduction
7 Global Thermal System Market, By Component
7.1 Introduction
7.2 Condenser
7.3 Water-Pump
7.4 Heater Control Unit
7.5 Air Filter
7.6 Compressor
7.7 Motor
7.8 Electric Compressor
7.9 Thermoelectric Generator
7.10 Heat Exchanger
7.11 Electric Water Pump
7.12 Electric Motor
8 Global Thermal System Market, By Application
8.1 Introduction
8.2 Waste Heat Recovery
8.3 Transmission System
8.4 Rear Air Conditioning
8.5 Power Electronics
8.6 Motor Thermal System
8.7 Heated/Ventilated Seats
8.8 Heated Steering
8.9 Front Air Conditioning
8.10 Engine Cooling
8.11 Battery Thermal System
9 Global Thermal System Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 MAHLE GmbH
11.2 Hanon Systems
11.3 Schaeffler AG
11.4 Denso Corporation
11.5 Dana Limited
11.6 Gentherm
11.7 Magma International Inc.
11.8 Robert Bosch GmbH
11.9 Borgwarner Inc.
11.10 Johnson Electric Holdings Ltd.
11.11 Boyd Corporation
11.12 Dupont
11.13 Continental AG
11.14 Delphi Automotive PLC
11.15 Hyundai Motor Company
11.16 ZF Friedrichshafen AG
11.17 General Motors Company
11.18 Ford Motor Company
11.19 Sanden Holdings Corporation
11.20 Grayson Thermal Systems
For more information about this report visit https://www.researchandmarkets.com/r/gnmm31
View source version on businesswire.com: https://www.businesswire.com/news/home/20200402005656/en/