Automotive Thermal System Market by Component - Global Opportunity Analysis and Industry Forecast, 2014-2022

  • ID: 4612588
  • Report
  • Region: Global
  • 98 pages
  • Allied Analytics LLP
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Heat generated in automobiles by various vehicle components such as engine, battery, and others reduces the efficiency of vehicles, causing discomfort to the driver. Automotive thermal systems are used for the purpose of temperature control and thermal management in heavy and lightweight vehicles. It increases the efficiency of vehicle parts, including engine, and user comfort in the vehicle.

The automotive thermal system market is driven by increase in usage of thermal management systems in automobiles and heavy vehicles. Moreover, usage of HVAC systems (heating, ventilating, and air-conditioning systems) in automobiles to regulate the overall temperature of the vehicles is projected to drive the growth of this market in the coming years. However, stringent pollution & emission guidelines and high R&D cost restrain the market growth. Use of eco-friendly refrigerants to cool down the vehicle components that has less impact on environment is projected to further boost the growth of the market. Moreover, application of artificial intelligence techniques in thermal systems is anticipated to fuel the market growth in the coming years.

The global automotive thermal system market is segmented on the basis of component and geography. By component, the market is categorized into compressor, HVAC, powertrain cooling, and fluid transport. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players profiled in the report are Valeo, Mahle GmbH, Grayson Thermal Systems, Gentherm Inc., and Denso Corporation.

KEY BENEFITS FOR SHARE HOLDERS

The report provides an extensive analysis of the current and emerging automotive thermal system market trends.
It offers quantitative analysis, which assists to identify the prevailing market opportunities.
Comprehensive analysis of factors that drive and restrict the market growth are provided in the report.
Competitive intelligence of leading players of automotive thermal system helps understand the competitive scenario across geographies.

KEY MARKET SEGMENTS

By Component

Compressor
HVAC
Powertrain Cooling
Fluid Transport

By Geography

North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of APAC
LAMEA
Latin America
Middle East
Africa
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Chapter: 1 INTRODUCTION
1.1 Report description
1.2 Key Benefits for Share Holders
1.3 Key Market Segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMERY
2.1 Market Snapshot
2.2 CXO perspective

Chapter: 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key Findings
3.2.1 Top impacting factor
3.2.2 Top winning strategies
3.2.3 Top investment pockets
3.3 Porter's five force's analysis
3.3.1 Low bargaining power of suppliers due to large number of suppliers and low threat of forward integration
3.3.2 High product differentiation results in high bargaining power of the buyers
3.3.3 Low threat of substitutes due to low impact of price war and ease of substitution
3.3.4 Moderate economic base and government policies result in moderate threat of new entrants
3.3.5 High competition among market rivalries due to high market growth rate
3.4 Market share analysis, 2015
3.5 Drivers
3.5.1 Rising demand of automobiles and heavy vehicles globally
3.5.2 Implementation of HVAC system in automobiles
3.5.3 Increase in demand of smart thermal management in automobiles
3.6 Restraints
3.6.1 Stringent pollutions and emission guidelines
3.6.2 High cost of automotive thermal system
3.7 Opportunities
3.7.1 Use of ecofriendly refrigerants and light weight HVACs
3.7.2 Artificial intelligence based smart thermal management solutions

Chapter: 4 GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKET, BY COMPONENT
4.1 Overview
4.2 Compressor
4.2.1 Key Market Trends
4.2.2 Key Growth Factors and Opportunities
4.2.3 Market Size and Forecast
4.2.4 North America Automotive Compressor System Market, ($Million), Growth (%) 2014-2022
4.2.5 Europe Automotive Compressor System Market, ($Million), Growth (%) 2014-2022
4.2.6 Asia-Pacific Automotive Compressor System Market, ($Million), Growth (%) 2014-2022
4.2.7 LAMEA Automotive Compressor System Market, ($Million), Growth (%) 2014-2022
4.3 HVAC
4.3.1 Key Market Trends
4.3.2 Key Growth Factors and Opportunities
4.3.3 Market Size and Forecast
4.3.4 North America Automotive HVAC System Market, ($Million), Growth (%) 2014-2022
4.3.5 Europe Automotive HVAC System Market, ($Million), Growth (%) 2014-2022
4.3.6 Asia-Pacific Automotive HVAC System Market, ($Million), Growth (%) 2014-2022
4.3.7 LAMEA Automotive HVAC System Market, ($Million), Growth (%) 2014-2022
4.4 Powertrain Cooling
4.4.1 Key Market Trends
4.4.2 Key Growth Factors and Opportunities
4.4.3 Market Size and Forecast
4.4.4 North America Automotive Powertrain Cooling System Market, ($Million), Growth (%) 2014-2022
4.4.5 Europe Automotive Powertrain Cooling System Market, ($Million), Growth (%) 2014-2022
4.4.6 Asia-Pacific Automotive Powertrain Cooling System Market, ($Million), Growth (%) 2014-2022
4.4.7 LAMEA Automotive Powertrain Cooling System Market, ($Million), Growth (%) 2014-2022
4.5 Fluid Transport
4.5.1 Key Market Trends
4.5.2 Key Growth Factors and Opportunities
4.5.3 Market Size and Forecast
4.5.4 North America Automotive Fluid Transport System Market, ($Million), Growth (%) 2014-2022
4.5.5 Europe Automotive Fluid Transport System Market, ($Million), Growth (%) 2014-2022
4.5.6 Asia-Pacific Automotive Fluid Transport System Market, ($Million), Growth (%) 2014-2022
4.5.7 LAMEA Automotive Fluid Transport System Market, ($Million), Growth (%) 2014-2022

Chapter: 5 GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKET, BY GEOGRAPHY
5.1 Overview
5.2 North America
5.2.1 Key Market Trends
5.2.2 Key Growth Factors and Opportunities
5.2.3 Market Size and Forecast
5.2.4 North America Automotive Compressor Thermal System Market ($Million), 2014-2022
5.2.5 North America Automotive HVAC Thermal System Market, ($Million), Growth (%) 2014-2022
5.2.6 North America Automotive Powertrain Cooling Thermal System Market, ($Million), Growth (%) 2014-2022
5.2.7 North America Automotive Fluid Transport Thermal System Market, ($Million), Growth (%) 2014-2022
5.3 Europe
5.3.1 Key Market Trends
5.3.2 Key Growth Factors and Opportunities
5.3.3 Market Size and Forecast
5.3.4 Europe Automotive Compressor Thermal System Market ($Million), 2014-2022
5.3.5 Europe Automotive HVAC Thermal System Market, ($Million), Growth (%) 2014-2022
5.3.6 Europe Automotive Powertrain Cooling Thermal System Market, ($Million), Growth (%) 2014-2022
5.3.7 Europe Automotive Fluid Transport Thermal System Market, ($Million), Growth (%) 2014-2022
5.4 Asia-Pacific
5.4.1 Key Market Trends
5.4.2 Key Growth Factors and Opportunities
5.4.3 Market Size and Forecast
5.4.4 Asia-Pacific Automotive Compressor Thermal System Market ($Million), 2014-2022
5.4.5 Asia-Pacific Automotive HVAC Thermal System Market, ($Million), Growth (%) 2014-2022
5.4.6 Asia-Pacific Automotive Powertrain Cooling Thermal System Market, ($Million), Growth (%) 2014-2022
5.4.7 Asia-Pacific Automotive Fluid Transport Thermal System Market, ($Million), Growth (%) 2014-2022
5.5 LAMEA
5.5.1 Key Market Trends
5.5.2 Key Growth Factors and Opportunities
5.5.3 Market Size and Forecast
5.5.4 LAMEA Automotive Compressor Thermal System Market ($Million), 2014-2022
5.5.5 LAMEA Automotive HVAC Thermal System Market, ($Million), Growth (%) 2014-2022
5.5.6 LAMEA Automotive Powertrain Cooling Thermal System Market, ($Million), Growth (%) 2014-2022
5.5.7 LAMEA Automotive Fluid Transport Thermal System Market, ($Million), Growth (%) 2014-2022

Chapter: 6 COMPANY PROFILES
6.1. Valeo
6.1.1. Company Overview
6.1.2. Key Strategic Moves and Developments
6.2. Mahle GmbH
6.2.1. Company Overview
6.2.2. Key Strategic Moves and Developments
6.3. Grayson Thermal Systems
6.3.1. Company Overview
6.3.2. Key Strategic Moves and Developments
6.4. Denso Corporation
6.4.1. Company Overview
6.4.2. Key Strategic Moves and Developments
6.5. Gentherm Inc.
6.4.1. Company Overview
6.4.2. Key Strategic Moves and Developments
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Automotive thermal system market report, published by Allied Market Research forecasts that the global market is estimated to reach $60,000 million by 2022, growing at a CAGR of 7.8% from 2016 - 2022. Asia-Pacific is expected to witness the highest growth rate, owing to rise in demand for automotive thermal magement systems in countries such as Chi, Japan, India, and others.

Increase in usage of advanced HVAC systems in automobiles and rise in propensity to spend on developing economies are major factors that boost the market growth. However, high cost of thermal systems restrains the growth of the market. Technological advancements and growth in demand for automotive thermal systems in developing economies are anticipated to generate lucrative business opportunities for market players.

The HVAC segment accounted for around 55% of the overall market revenue in 2015, and is expected to maintain this trend during the forecast period. Rise in demand for lightweight HVAC systems is expected to provide profitable opportunities to the manufacturers. The fluid transport segment is projected to account for around 14% of the market by 2022, owing to its increase in usage in high-end and heavy vehicles.

Asia-Pacific accounted for 36% of the global automotive thermal system market share in 2015, and is projected to witness fastest growth during the forecast period. Market growth in the region is supplemented by increase in demand in countries such as Chi, Japan, and others. The U.S. and Europe are expected to offer lucrative growth opportunities in the coming years with rise in demand for eco-friendly technology based thermal magement systems. Companies that operate in the market focus to strengthen their geographical presence and production capabilities to gain competitive advantage. Stringent guidelines and environment regulations have led to constant upgradation of the existing systems.

Country wise alysis for North America (U.S., Cada, and Mexico), Europe (UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (Chi, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa) is provided in the report.

Key findings OF AUTOMOTIVE THERMAL SYSTEM MARKET:

Asia-Pacific generated maximum revenue in 2015, followed by Europe, and the former is anticipated to witness the highest growth rate.

HVAC segment accounted for the largest share in 2015.

Fluid transport segment is expected to witness fastest growth from 2016 to 2022.

Key players profiled in the report are Valeo, Mahle GmbH, Grayson Thermal Systems, Gentherm Inc., and Denso Corporation.
Note: Product cover images may vary from those shown
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