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Thermal System - Global Market Outlook (2018-2027)

  • ID: 5008357
  • Report
  • February 2020
  • Region: Global
  • 177 pages
  • Stratistics Market Research Consulting Pvt Ltd
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FEATURED COMPANIES

  • Borgwarner Inc.
  • Dana Limited
  • Dupont
  • Gentherm
  • Hyundai Motor Company
  • Robert Bosch GmbH
  • MORE
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.

By Geography, Government incentives to popularize electric vehicles, implementation of emission norms such as China VI, BS-VI in China and India respectively are making the Asia Pacific market attractive for thermal systems. The growing vehicle production in the Asia-Pacific region, with India and China emerging as automotive part manufacturing hubs for the suppliers, is expected to drive the market for the thermal system in this region.

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.

Vehicle Types Covered:
  • Internal Combustion Engine (ICE)
  • Electric & Hybrid
Technologies Covered:
  • Reduced Heating, Ventilation, and Air Conditioning (HVAC) System Loading
  • Active Transmission Warm-Up
  • Exhaust Gas Recirculation
  • Engine Thermal Mass Reduction
Components Covered:
  • Condenser
  • Water-Pump
  • Heater Control Unit
  • Air Filter
  • Compressor
  • Motor
  • Electric Compressor
  • Thermoelectric Generator
  • Heat Exchanger
  • Electric Water Pump
  • Electric Motor
Applications Covered:
  • Waste Heat Recovery
  • Transmission System
  • Rear Air Conditioning
  • Power Electronics
  • Motor Thermal System
  • Heated/Ventilated Seats
  • Heated Steering
  • Front Air Conditioning
  • Engine Cooling
  • Battery Thermal System
Regions Covered:

North America
  • US
  • Canada
  • Mexico
Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa
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
Free Customization Offerings:

Purchasers of this report will be entitled to receive one of the following free customization options:

1. Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
2. Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
3. Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Borgwarner Inc.
  • Dana Limited
  • Dupont
  • Gentherm
  • Hyundai Motor Company
  • Robert Bosch GmbH
  • MORE
1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

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
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

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

List of Tables
Table 1 Global Thermal System Market Outlook, By Region (2017-2027) ($MN)
Table 2 Global Thermal System Market Outlook, By Vehicle Type (2017-2027) ($MN)
Table 3 Global Thermal System Market Outlook, By Internal Combustion Engine (ICE) (2017-2027) ($MN)
Table 4 Global Thermal System Market Outlook, By Truck (2017-2027) ($MN)
Table 5 Global Thermal System Market Outlook, By Passenger Cars (2017-2027) ($MN)
Table 6 Global Thermal System Market Outlook, By Bus (2017-2027) ($MN)
Table 7 Global Thermal System Market Outlook, By Light Commercial Vehicles (LCVs) (2017-2027) ($MN)
Table 8 Global Thermal System Market Outlook, By Electric & Hybrid (2017-2027) ($MN)
Table 9 Global Thermal System Market Outlook, By Hybrid Electric Vehicle (HEV) (2017-2027) ($MN)
Table 10 Global Thermal System Market Outlook, By Fuel Cell Electric Vehicle (FCEV) (2017-2027) ($MN)
Table 11 Global Thermal System Market Outlook, By Battery Electric Vehicle (BEV) (2017-2027) ($MN)
Table 12 Global Thermal System Market Outlook, By Plug-in Hybrid Electric Vehicle (PHEV) (2017-2027) ($MN)
Table 13 Global Thermal System Market Outlook, By Mild Hybrid Vehicle (2017-2027) ($MN)
Table 14 Global Thermal System Market Outlook, By Technology (2017-2027) ($MN)
Table 15 Global Thermal System Market Outlook, By Reduced Heating, Ventilation, and Air Conditioning (HVAC) System Loading (2017-2027) ($MN)
Table 16 Global Thermal System Market Outlook, By Active Transmission Warm-Up (2017-2027) ($MN)
Table 17 Global Thermal System Market Outlook, By Exhaust Gas Recirculation (2017-2027) ($MN)
Table 18 Global Thermal System Market Outlook, By Engine Thermal Mass Reduction (2017-2027) ($MN)
Table 19 Global Thermal System Market Outlook, By Component (2017-2027) ($MN)
Table 20 Global Thermal System Market Outlook, By Condenser (2017-2027) ($MN)
Table 21 Global Thermal System Market Outlook, By Water-Pump (2017-2027) ($MN)
Table 22 Global Thermal System Market Outlook, By Heater Control Unit (2017-2027) ($MN)
Table 23 Global Thermal System Market Outlook, By Air Filter (2017-2027) ($MN)
Table 24 Global Thermal System Market Outlook, By Compressor (2017-2027) ($MN)
Table 25 Global Thermal System Market Outlook, By Motor (2017-2027) ($MN)
Table 26 Global Thermal System Market Outlook, By Electric Compressor (2017-2027) ($MN)
Table 27 Global Thermal System Market Outlook, By Thermoelectric Generator (2017-2027) ($MN)
Table 28 Global Thermal System Market Outlook, By Heat Exchanger (2017-2027) ($MN)
Table 29 Global Thermal System Market Outlook, By Electric Water Pump (2017-2027) ($MN)
Table 30 Global Thermal System Market Outlook, By Electric Motor (2017-2027) ($MN)
Table 31 Global Thermal System Market Outlook, By Application (2017-2027) ($MN)
Table 32 Global Thermal System Market Outlook, By Waste Heat Recovery (2017-2027) ($MN)
Table 33 Global Thermal System Market Outlook, By Transmission System (2017-2027) ($MN)
Table 34 Global Thermal System Market Outlook, By Rear Air Conditioning (2017-2027) ($MN)
Table 35 Global Thermal System Market Outlook, By Power Electronics (2017-2027) ($MN)
Table 36 Global Thermal System Market Outlook, By Motor Thermal System (2017-2027) ($MN)
Table 37 Global Thermal System Market Outlook, By Heated/Ventilated Seats (2017-2027) ($MN)
Table 38 Global Thermal System Market Outlook, By Heated Steering (2017-2027) ($MN)
Table 39 Global Thermal System Market Outlook, By Front Air Conditioning (2017-2027) ($MN)
Table 40 Global Thermal System Market Outlook, By Engine Cooling (2017-2027) ($MN)
Table 41 Global Thermal System Market Outlook, By Battery Thermal System (2017-2027) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
Note: Product cover images may vary from those shown
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  • 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
  • Grayson Thermal Systems
Note: Product cover images may vary from those shown
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