Automotive Thermal System - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

• Description
• Table of Contents
• Table of Figures
• PDF Download

• Description
• Table of Contents
• Table of Figures
• PDF Download

Automotive thermal system is concern with the management of liquid, temperature and air. It increases the comfort of the passengers by taking care of the temperature inside the vehicle. The main components of automotive thermal system are powertrain cooling, ventilation & AC, battery thermal management, power device cooling and waste heat recovery.

The global market for Automotive Thermal System was estimated to be worth US$ 41370 million in 2023 and is forecast to a readjusted size of US$ 65470 million by 2030 with a CAGR of 6.3% during the forecast period 2024-2030

Automotive Thermal System Market Size

M= millions and B=billions

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Automotive Thermal System, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Automotive Thermal System by region & country, by Type, and by Application.

The Automotive Thermal System market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Thermal System.

Market Segmentation

• Report Metric

• Details

• Report Title

• Automotive Thermal System - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

• Forecasted Market Size in 2030

• US$ 65470 million

• CAGR(2024-2030)

• 6.3%

• Market Size Available for Years

• 2019-2030

• Global Automotive Thermal System Companies Covered

• General Motors Company, Denso Corporation, Magma International Inc., Valeo, Ford Motor Company, Delphi Automotive PLC, BorgWarener Automotive Powertrain Systems Corp, ZF Friedrichshafen AG, Hyundai Motor Company, Continental AG

• Global Automotive Thermal System Market, by Region

• North America (U.S., Canada, Mexico)

  Europe (Germany, France, UK, Italy, etc.)

  Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

  South America (Brazil, etc.)

  Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

• Global Automotive Thermal System Market, Segment by Type

• Compressor

  HVAC

  Powertrain Cooling

  Fluid Transport

• Global Automotive Thermal System Market, Segment by Application

• Passenger Cars

  Light Commercial Vehicles (LCVs)

  Heavy Commercial Vehicles (HCVs)

• Forecast Units

• USD million in value

• Report Coverage

• Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Automotive Thermal System manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Automotive Thermal System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Automotive Thermal System in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

 1 Market Overview
    1.1 Automotive Thermal System Product Introduction
    1.2 Global Automotive Thermal System Market Size Forecast
    1.3 Automotive Thermal System Market Trends & Drivers
        1.3.1 Automotive Thermal System Industry Trends
        1.3.2 Automotive Thermal System Market Drivers & Opportunity
        1.3.3 Automotive Thermal System Market Challenges
        1.3.4 Automotive Thermal System Market Restraints
    1.4 Assumptions and Limitations
    1.5 Study Objectives
    1.6 Years Considered

 2 Competitive Analysis by Company
    2.1 Global Automotive Thermal System Players Revenue Ranking (2023)
    2.2 Global Automotive Thermal System Revenue by Company (2019-2024)
    2.3 Key Companies Automotive Thermal System Manufacturing Base Distribution and Headquarters
    2.4 Key Companies Automotive Thermal System Product Offered
    2.5 Key Companies Time to Begin Mass Production of Automotive Thermal System
    2.6 Automotive Thermal System Market Competitive Analysis
        2.6.1 Automotive Thermal System Market Concentration Rate (2019-2024)
        2.6.2 Global 5 and 10 Largest Companies by Automotive Thermal System Revenue in 2023
        2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Automotive Thermal System as of 2023)
    2.7 Mergers & Acquisitions, Expansion

 3 Segmentation by Type
    3.1 Introduction by Type
        3.1.1 Compressor
        3.1.2 HVAC
        3.1.3 Powertrain Cooling
        3.1.4 Fluid Transport
    3.2 Global Automotive Thermal System Sales Value by Type
        3.2.1 Global Automotive Thermal System Sales Value by Type (2019 VS 2023 VS 2030)
        3.2.2 Global Automotive Thermal System Sales Value, by Type (2019-2030)
        3.2.3 Global Automotive Thermal System Sales Value, by Type (%) (2019-2030)

 4 Segmentation by Application
    4.1 Introduction by Application
        4.1.1 Passenger Cars
        4.1.2 Light Commercial Vehicles (LCVs)
        4.1.3 Heavy Commercial Vehicles (HCVs)
    4.2 Global Automotive Thermal System Sales Value by Application
        4.2.1 Global Automotive Thermal System Sales Value by Application (2019 VS 2023 VS 2030)
        4.2.2 Global Automotive Thermal System Sales Value, by Application (2019-2030)
        4.2.3 Global Automotive Thermal System Sales Value, by Application (%) (2019-2030)

 5 Segmentation by Region
    5.1 Global Automotive Thermal System Sales Value by Region
        5.1.1 Global Automotive Thermal System Sales Value by Region: 2019 VS 2023 VS 2030
        5.1.2 Global Automotive Thermal System Sales Value by Region (2019-2024)
        5.1.3 Global Automotive Thermal System Sales Value by Region (2025-2030)
        5.1.4 Global Automotive Thermal System Sales Value by Region (%), (2019-2030)
    5.2 North America
        5.2.1 North America Automotive Thermal System Sales Value, 2019-2030
        5.2.2 North America Automotive Thermal System Sales Value by Country (%), 2023 VS 2030
    5.3 Europe
        5.3.1 Europe Automotive Thermal System Sales Value, 2019-2030
        5.3.2 Europe Automotive Thermal System Sales Value by Country (%), 2023 VS 2030
    5.4 Asia Pacific
        5.4.1 Asia Pacific Automotive Thermal System Sales Value, 2019-2030
        5.4.2 Asia Pacific Automotive Thermal System Sales Value by Country (%), 2023 VS 2030
    5.5 South America
        5.5.1 South America Automotive Thermal System Sales Value, 2019-2030
        5.5.2 South America Automotive Thermal System Sales Value by Country (%), 2023 VS 2030
    5.6 Middle East & Africa
        5.6.1 Middle East & Africa Automotive Thermal System Sales Value, 2019-2030
        5.6.2 Middle East & Africa Automotive Thermal System Sales Value by Country (%), 2023 VS 2030

 6 Segmentation by Key Countries/Regions
    6.1 Key Countries/Regions Automotive Thermal System Sales Value Growth Trends, 2019 VS 2023 VS 2030
    6.2 Key Countries/Regions Automotive Thermal System Sales Value
    6.3 United States
        6.3.1 United States Automotive Thermal System Sales Value, 2019-2030
        6.3.2 United States Automotive Thermal System Sales Value by Type (%), 2023 VS 2030
        6.3.3 United States Automotive Thermal System Sales Value by Application, 2023 VS 2030
    6.4 Europe
        6.4.1 Europe Automotive Thermal System Sales Value, 2019-2030
        6.4.2 Europe Automotive Thermal System Sales Value by Type (%), 2023 VS 2030
        6.4.3 Europe Automotive Thermal System Sales Value by Application, 2023 VS 2030
    6.5 China
        6.5.1 China Automotive Thermal System Sales Value, 2019-2030
        6.5.2 China Automotive Thermal System Sales Value by Type (%), 2023 VS 2030
        6.5.3 China Automotive Thermal System Sales Value by Application, 2023 VS 2030
    6.6 Japan
        6.6.1 Japan Automotive Thermal System Sales Value, 2019-2030
        6.6.2 Japan Automotive Thermal System Sales Value by Type (%), 2023 VS 2030
        6.6.3 Japan Automotive Thermal System Sales Value by Application, 2023 VS 2030
    6.7 South Korea
        6.7.1 South Korea Automotive Thermal System Sales Value, 2019-2030
        6.7.2 South Korea Automotive Thermal System Sales Value by Type (%), 2023 VS 2030
        6.7.3 South Korea Automotive Thermal System Sales Value by Application, 2023 VS 2030
    6.8 Southeast Asia
        6.8.1 Southeast Asia Automotive Thermal System Sales Value, 2019-2030
        6.8.2 Southeast Asia Automotive Thermal System Sales Value by Type (%), 2023 VS 2030
        6.8.3 Southeast Asia Automotive Thermal System Sales Value by Application, 2023 VS 2030
    6.9 India
        6.9.1 India Automotive Thermal System Sales Value, 2019-2030
        6.9.2 India Automotive Thermal System Sales Value by Type (%), 2023 VS 2030
        6.9.3 India Automotive Thermal System Sales Value by Application, 2023 VS 2030

 7 Company Profiles
    7.1 General Motors Company
        7.1.1 General Motors Company Profile
        7.1.2 General Motors Company Main Business
        7.1.3 General Motors Company Automotive Thermal System Products, Services and Solutions
        7.1.4 General Motors Company Automotive Thermal System Revenue (US$ Million) & (2019-2024)
        7.1.5 General Motors Company Recent Developments
    7.2 Denso Corporation
        7.2.1 Denso Corporation Profile
        7.2.2 Denso Corporation Main Business
        7.2.3 Denso Corporation Automotive Thermal System Products, Services and Solutions
        7.2.4 Denso Corporation Automotive Thermal System Revenue (US$ Million) & (2019-2024)
        7.2.5 Denso Corporation Recent Developments
    7.3 Magma International Inc.
        7.3.1 Magma International Inc. Profile
        7.3.2 Magma International Inc. Main Business
        7.3.3 Magma International Inc. Automotive Thermal System Products, Services and Solutions
        7.3.4 Magma International Inc. Automotive Thermal System Revenue (US$ Million) & (2019-2024)
        7.3.5 Valeo Recent Developments
    7.4 Valeo
        7.4.1 Valeo Profile
        7.4.2 Valeo Main Business
        7.4.3 Valeo Automotive Thermal System Products, Services and Solutions
        7.4.4 Valeo Automotive Thermal System Revenue (US$ Million) & (2019-2024)
        7.4.5 Valeo Recent Developments
    7.5 Ford Motor Company
        7.5.1 Ford Motor Company Profile
        7.5.2 Ford Motor Company Main Business
        7.5.3 Ford Motor Company Automotive Thermal System Products, Services and Solutions
        7.5.4 Ford Motor Company Automotive Thermal System Revenue (US$ Million) & (2019-2024)
        7.5.5 Ford Motor Company Recent Developments
    7.6 Delphi Automotive PLC
        7.6.1 Delphi Automotive PLC Profile
        7.6.2 Delphi Automotive PLC Main Business
        7.6.3 Delphi Automotive PLC Automotive Thermal System Products, Services and Solutions
        7.6.4 Delphi Automotive PLC Automotive Thermal System Revenue (US$ Million) & (2019-2024)
        7.6.5 Delphi Automotive PLC Recent Developments
    7.7 BorgWarener Automotive Powertrain Systems Corp
        7.7.1 BorgWarener Automotive Powertrain Systems Corp Profile
        7.7.2 BorgWarener Automotive Powertrain Systems Corp Main Business
        7.7.3 BorgWarener Automotive Powertrain Systems Corp Automotive Thermal System Products, Services and Solutions
        7.7.4 BorgWarener Automotive Powertrain Systems Corp Automotive Thermal System Revenue (US$ Million) & (2019-2024)
        7.7.5 BorgWarener Automotive Powertrain Systems Corp Recent Developments
    7.8 ZF Friedrichshafen AG
        7.8.1 ZF Friedrichshafen AG Profile
        7.8.2 ZF Friedrichshafen AG Main Business
        7.8.3 ZF Friedrichshafen AG Automotive Thermal System Products, Services and Solutions
        7.8.4 ZF Friedrichshafen AG Automotive Thermal System Revenue (US$ Million) & (2019-2024)
        7.8.5 ZF Friedrichshafen AG Recent Developments
    7.9 Hyundai Motor Company
        7.9.1 Hyundai Motor Company Profile
        7.9.2 Hyundai Motor Company Main Business
        7.9.3 Hyundai Motor Company Automotive Thermal System Products, Services and Solutions
        7.9.4 Hyundai Motor Company Automotive Thermal System Revenue (US$ Million) & (2019-2024)
        7.9.5 Hyundai Motor Company Recent Developments
    7.10 Continental AG
        7.10.1 Continental AG Profile
        7.10.2 Continental AG Main Business
        7.10.3 Continental AG Automotive Thermal System Products, Services and Solutions
        7.10.4 Continental AG Automotive Thermal System Revenue (US$ Million) & (2019-2024)
        7.10.5 Continental AG Recent Developments

 8 Industry Chain Analysis
    8.1 Automotive Thermal System Industrial Chain
    8.2 Automotive Thermal System Upstream Analysis
        8.2.1 Key Raw Materials
        8.2.2 Raw Materials Key Suppliers
        8.2.3 Manufacturing Cost Structure
    8.3 Midstream Analysis
    8.4 Downstream Analysis (Customers Analysis)
    8.5 Sales Model and Sales Channels
        8.5.1 Automotive Thermal System Sales Model
        8.5.2 Sales Channel
        8.5.3 Automotive Thermal System Distributors

 9 Research Findings and Conclusion

 10 Appendix
    10.1 Research Methodology
        10.1.1 Methodology/Research Approach
        10.1.2 Data Source
    10.2 Author Details
    10.3 Disclaimer

List of Tables
    Table 1. Automotive Thermal System Market Trends
    Table 2. Automotive Thermal System Market Drivers & Opportunity
    Table 3. Automotive Thermal System Market Challenges
    Table 4. Automotive Thermal System Market Restraints
    Table 5. Global Automotive Thermal System Revenue by Company (2019-2024) & (US$ Million)
    Table 6. Global Automotive Thermal System Revenue Market Share by Company (2019-2024)
    Table 7. Key Companies Automotive Thermal System Manufacturing Base Distribution and Headquarters
    Table 8. Key Companies Automotive Thermal System Product Type
    Table 9. Key Companies Time to Begin Mass Production of Automotive Thermal System
    Table 10. Global Automotive Thermal System Companies Market Concentration Ratio (CR5 and HHI)
    Table 11. Global Top Companies Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Automotive Thermal System as of 2023)
    Table 12. Mergers & Acquisitions, Expansion Plans
    Table 13. Global Automotive Thermal System Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million)
    Table 14. Global Automotive Thermal System Sales Value by Type (2019-2024) & (US$ Million)
    Table 15. Global Automotive Thermal System Sales Value by Type (2025-2030) & (US$ Million)
    Table 16. Global Automotive Thermal System Sales Market Share in Value by Type (2019-2024) & (%)
    Table 17. Global Automotive Thermal System Sales Market Share in Value by Type (2025-2030) & (%)
    Table 18. Global Automotive Thermal System Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million)
    Table 19. Global Automotive Thermal System Sales Value by Application (2019-2024) & (US$ Million)
    Table 20. Global Automotive Thermal System Sales Value by Application (2025-2030) & (US$ Million)
    Table 21. Global Automotive Thermal System Sales Market Share in Value by Application (2019-2024) & (%)
    Table 22. Global Automotive Thermal System Sales Market Share in Value by Application (2025-2030) & (%)
    Table 23. Global Automotive Thermal System Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
    Table 24. Global Automotive Thermal System Sales Value by Region (2019-2024) & (US$ Million)
    Table 25. Global Automotive Thermal System Sales Value by Region (2025-2030) & (US$ Million)
    Table 26. Global Automotive Thermal System Sales Value by Region (2019-2024) & (%)
    Table 27. Global Automotive Thermal System Sales Value by Region (2025-2030) & (%)
    Table 28. Key Countries/Regions Automotive Thermal System Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030
    Table 29. Key Countries/Regions Automotive Thermal System Sales Value, (2019-2024) & (US$ Million)
    Table 30. Key Countries/Regions Automotive Thermal System Sales Value, (2025-2030) & (US$ Million)
    Table 31. General Motors Company Basic Information List
    Table 32. General Motors Company Description and Business Overview
    Table 33. General Motors Company Automotive Thermal System Products, Services and Solutions
    Table 34. Revenue (US$ Million) in Automotive Thermal System Business of General Motors Company (2019-2024)
    Table 35. General Motors Company Recent Developments
    Table 36. Denso Corporation Basic Information List
    Table 37. Denso Corporation Description and Business Overview
    Table 38. Denso Corporation Automotive Thermal System Products, Services and Solutions
    Table 39. Revenue (US$ Million) in Automotive Thermal System Business of Denso Corporation (2019-2024)
    Table 40. Denso Corporation Recent Developments
    Table 41. Magma International Inc. Basic Information List
    Table 42. Magma International Inc. Description and Business Overview
    Table 43. Magma International Inc. Automotive Thermal System Products, Services and Solutions
    Table 44. Revenue (US$ Million) in Automotive Thermal System Business of Magma International Inc. (2019-2024)
    Table 45. Magma International Inc. Recent Developments
    Table 46. Valeo Basic Information List
    Table 47. Valeo Description and Business Overview
    Table 48. Valeo Automotive Thermal System Products, Services and Solutions
    Table 49. Revenue (US$ Million) in Automotive Thermal System Business of Valeo (2019-2024)
    Table 50. Valeo Recent Developments
    Table 51. Ford Motor Company Basic Information List
    Table 52. Ford Motor Company Description and Business Overview
    Table 53. Ford Motor Company Automotive Thermal System Products, Services and Solutions
    Table 54. Revenue (US$ Million) in Automotive Thermal System Business of Ford Motor Company (2019-2024)
    Table 55. Ford Motor Company Recent Developments
    Table 56. Delphi Automotive PLC Basic Information List
    Table 57. Delphi Automotive PLC Description and Business Overview
    Table 58. Delphi Automotive PLC Automotive Thermal System Products, Services and Solutions
    Table 59. Revenue (US$ Million) in Automotive Thermal System Business of Delphi Automotive PLC (2019-2024)
    Table 60. Delphi Automotive PLC Recent Developments
    Table 61. BorgWarener Automotive Powertrain Systems Corp Basic Information List
    Table 62. BorgWarener Automotive Powertrain Systems Corp Description and Business Overview
    Table 63. BorgWarener Automotive Powertrain Systems Corp Automotive Thermal System Products, Services and Solutions
    Table 64. Revenue (US$ Million) in Automotive Thermal System Business of BorgWarener Automotive Powertrain Systems Corp (2019-2024)
    Table 65. BorgWarener Automotive Powertrain Systems Corp Recent Developments
    Table 66. ZF Friedrichshafen AG Basic Information List
    Table 67. ZF Friedrichshafen AG Description and Business Overview
    Table 68. ZF Friedrichshafen AG Automotive Thermal System Products, Services and Solutions
    Table 69. Revenue (US$ Million) in Automotive Thermal System Business of ZF Friedrichshafen AG (2019-2024)
    Table 70. ZF Friedrichshafen AG Recent Developments
    Table 71. Hyundai Motor Company Basic Information List
    Table 72. Hyundai Motor Company Description and Business Overview
    Table 73. Hyundai Motor Company Automotive Thermal System Products, Services and Solutions
    Table 74. Revenue (US$ Million) in Automotive Thermal System Business of Hyundai Motor Company (2019-2024)
    Table 75. Hyundai Motor Company Recent Developments
    Table 76. Continental AG Basic Information List
    Table 77. Continental AG Description and Business Overview
    Table 78. Continental AG Automotive Thermal System Products, Services and Solutions
    Table 79. Revenue (US$ Million) in Automotive Thermal System Business of Continental AG (2019-2024)
    Table 80. Continental AG Recent Developments
    Table 81. Key Raw Materials Lists
    Table 82. Raw Materials Key Suppliers Lists
    Table 83. Automotive Thermal System Downstream Customers
    Table 84. Automotive Thermal System Distributors List
    Table 85. Research Programs/Design for This Report
    Table 86. Key Data Information from Secondary Sources
    Table 87. Key Data Information from Primary Sources
    Table 88. Business Unit and Senior & Team Lead Analysts
List of Figures
    Figure 1. Automotive Thermal System Product Picture
    Figure 2. Global Automotive Thermal System Sales Value, 2019 VS 2023 VS 2030 (US$ Million)
    Figure 3. Global Automotive Thermal System Sales Value (2019-2030) & (US$ Million)
    Figure 4. Automotive Thermal System Report Years Considered
    Figure 5. Global Automotive Thermal System Players Revenue Ranking (2023) & (US$ Million)
    Figure 6. The 5 and 10 Largest Manufacturers in the World: Market Share by Automotive Thermal System Revenue in 2023
    Figure 7. Automotive Thermal System Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
    Figure 8. Compressor Picture
    Figure 9. HVAC Picture
    Figure 10. Powertrain Cooling Picture
    Figure 11. Fluid Transport Picture
    Figure 12. Global Automotive Thermal System Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 13. Global Automotive Thermal System Sales Value Market Share by Type, 2023 & 2030
    Figure 14. Product Picture of Passenger Cars
    Figure 15. Product Picture of Light Commercial Vehicles (LCVs)
    Figure 16. Product Picture of Heavy Commercial Vehicles (HCVs)
    Figure 17. Global Automotive Thermal System Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 18. Global Automotive Thermal System Sales Value Market Share by Application, 2023 & 2030
    Figure 19. North America Automotive Thermal System Sales Value (2019-2030) & (US$ Million)
    Figure 20. North America Automotive Thermal System Sales Value by Country (%), 2023 VS 2030
    Figure 21. Europe Automotive Thermal System Sales Value (2019-2030) & (US$ Million)
    Figure 22. Europe Automotive Thermal System Sales Value by Country (%), 2023 VS 2030
    Figure 23. Asia Pacific Automotive Thermal System Sales Value (2019-2030) & (US$ Million)
    Figure 24. Asia Pacific Automotive Thermal System Sales Value by Country (%), 2023 VS 2030
    Figure 25. South America Automotive Thermal System Sales Value (2019-2030) & (US$ Million)
    Figure 26. South America Automotive Thermal System Sales Value by Country (%), 2023 VS 2030
    Figure 27. Middle East & Africa Automotive Thermal System Sales Value (2019-2030) & (US$ Million)
    Figure 28. Middle East & Africa Automotive Thermal System Sales Value by Country (%), 2023 VS 2030
    Figure 29. Key Countries/Regions Automotive Thermal System Sales Value (%), (2019-2030)
    Figure 30. United States Automotive Thermal System Sales Value, (2019-2030) & (US$ Million)
    Figure 31. United States Automotive Thermal System Sales Value by Type (%), 2023 VS 2030
    Figure 32. United States Automotive Thermal System Sales Value by Application (%), 2023 VS 2030
    Figure 33. Europe Automotive Thermal System Sales Value, (2019-2030) & (US$ Million)
    Figure 34. Europe Automotive Thermal System Sales Value by Type (%), 2023 VS 2030
    Figure 35. Europe Automotive Thermal System Sales Value by Application (%), 2023 VS 2030
    Figure 36. China Automotive Thermal System Sales Value, (2019-2030) & (US$ Million)
    Figure 37. China Automotive Thermal System Sales Value by Type (%), 2023 VS 2030
    Figure 38. China Automotive Thermal System Sales Value by Application (%), 2023 VS 2030
    Figure 39. Japan Automotive Thermal System Sales Value, (2019-2030) & (US$ Million)
    Figure 40. Japan Automotive Thermal System Sales Value by Type (%), 2023 VS 2030
    Figure 41. Japan Automotive Thermal System Sales Value by Application (%), 2023 VS 2030
    Figure 42. South Korea Automotive Thermal System Sales Value, (2019-2030) & (US$ Million)
    Figure 43. South Korea Automotive Thermal System Sales Value by Type (%), 2023 VS 2030
    Figure 44. South Korea Automotive Thermal System Sales Value by Application (%), 2023 VS 2030
    Figure 45. Southeast Asia Automotive Thermal System Sales Value, (2019-2030) & (US$ Million)
    Figure 46. Southeast Asia Automotive Thermal System Sales Value by Type (%), 2023 VS 2030
    Figure 47. Southeast Asia Automotive Thermal System Sales Value by Application (%), 2023 VS 2030
    Figure 48. India Automotive Thermal System Sales Value, (2019-2030) & (US$ Million)
    Figure 49. India Automotive Thermal System Sales Value by Type (%), 2023 VS 2030
    Figure 50. India Automotive Thermal System Sales Value by Application (%), 2023 VS 2030
    Figure 51. Automotive Thermal System Industrial Chain
    Figure 52. Automotive Thermal System Manufacturing Cost Structure
    Figure 53. Channels of Distribution (Direct Sales, and Distribution)
    Figure 54. Bottom-up and Top-down Approaches for This Report
    Figure 55. Data Triangulation

Automotive thermal system is concern with the management of liquid, temperature and air. It increases the comfort of the passengers by taking care of the temperature inside the vehicle. The main components of automotive thermal system are powertrain cooling, ventilation & AC, battery thermal management, power device cooling and waste heat recovery.

The global market for Automotive Thermal System was estimated to be worth US$ 41370 million in 2023 and is forecast to a readjusted size of US$ 65470 million by 2030 with a CAGR of 6.3% during the forecast period 2024-2030

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Automotive Thermal System, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Automotive Thermal System by region & country, by Type, and by Application.

The Automotive Thermal System market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Thermal System.

Market Segmentation

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Automotive Thermal System manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Automotive Thermal System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Automotive Thermal System in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.