Automotive Thermal System Market PPT: Demand, Trends and Business Opportunities 2023-28

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Global Automotive Thermal System Market Research
and Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Automotive Thermal System Market Research
Report The latest report by IMARC, titled
Automotive Thermal System Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2023-2028 " the global automotive
thermal system market reached a value of US 35.5
Billion in 2022. Automotive thermal systems are
widely employed in vehicles to manage the
temperature levels of the various automobile
components. These systems employ sensors to
determine the temperature of the engine and other
related components, such as motor, battery and
cabinet. If the temperature is undesirable or not
at optimum operating conditions, these systems
regulate the same to improve user comfort without
adversely affecting the vehicle range. They are
essential for minimizing the occurrence of
temperature fluctuations while effectively
lowering the thermal load on the vehicle. They
assist in improving the overall efficiency,
reducing fuel consumption and enhancing
powertrain efficacy of the automobiles while
considerably lowering the carbon emission
levels. Request Free Sample Report
https//www.imarcgroup.com/automotive-thermal-syst
em-market/requestsample
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Report Description and Highlights
Report Description

Global Automotive Thermal System Market
Trends The market is primarily driven by the
increasing environmental consciousness among the
masses and the escalating need for reducing
carbon emissions produced by the vehicles
internal combustion engines (ICEs). This is being
supported by the numerous stringent regulations
imposed by the governments of various countries
for minimizing harmful vehicular emissions and
encouraging fuel efficiency. Moreover, there has
been a considerable rise in the production of
electric vehicles (EVs) on the global level,
facilitated by the inflating disposable incomes
of the masses. Thermal management systems form a
crucial component of these vehicles to regulate
the internal temperature and to utilize the
available heat energy for achieving a longer
driving range. These automobiles are also
extensively being integrated with thermal sensors
that offer accurate temperature readings in
real-time. Coupled with their growing integration
with energy-efficient advanced heating,
ventilation and air conditioning (HVAC) systems,
the growing sales of EVs are, in turn,
anticipated to provide a thrust to the market
growth. The market is further driven by the
increasing research and development (RD)
activities undertaken by numerous players to
develop thermoelectric waste heat recovery
systems that are expected to further enhance the
fuel economy of the vehicles. Some of the other
factors contributing to the market growth include
the increasing demand for driver comfort and the
rising demand for heavy vehicles from numerous
end use industries. On account of the
aforementioned factors, the market is anticipated
to grow at a CAGR of 4.12 during
2023-2028. Looking forward, the market value is
projected to reach a strong growth during the
forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Component
Compressor HVAC Powertrain Coo
ling Fluid Transport Breakup by Vehicle
Type Passenger Cars Light Co
mmercial Vehicles Heavy Commercial Vehic
les Others Breakup by Region
North America United States
Canada Asia Pacific

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Report Description and Highlights
Report Description
China Japan
India South Kore
a Australia In
donesia Others Europe
Germany France
United Kingdom
Italy Spain
Russia Others Latin Am
erica Brazil M
exico Others Middle Ea
st and Africa

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Borgwarner Inc
• Continental Aktiengesellschaft
  DENSO Corporation General Motors Company Gentherm
  Incorporated Grayson Automotive Services Limited L
  ennox International Inc. MAHLE GmbH Modine Manufac
  turing Company Inc. Visteon Corporation
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/automotive-thermal-syst
  em-market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

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