Global Thermal System Market Outlook (2018 to 2027) - Agreements, Partnerships, Collaborations and Joint Ventures -

The "Thermal System - Global Market Outlook (2018-2027)" report has been added to'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

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