Market Research Future published report on “Global Automotive Thermal Management System Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Automotive Thermal Management System Market Size To Expand at a Notable CAGR Of 4.50% During 2018 – 2023. Increased production of passenger cars is also a key factor in enhancing the growth of the global automotive thermal management system. Installation of thermal management systems increases passenger comfort, reduces thermal load, heat transfer, waste heat recovery and others.
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Global Automotive Thermal Management System Market: By System (Heating, Ventilation and Air Condition (HVAC), Powertrain Cooling, Fluid Transport and others), By Technology (Active Transmission Warmup, Exhaust gas recirculation (EGR), Reduced HVAC System Loading and Other Technologies), By Propulsion [Internal Combustion Engine (ICE) Vehicle, and Electric Vehicle (Battery Electric Vehicle, Hybrid Electric Vehicle, and Plug-in Hybrid Electric Vehicle)], By Vehicle Type (Passenger Vehicle and Commercial Vehicle) and Region – Forecast till 2023.
By system, the global automotive thermal power management system market has been segmented into heating, ventilation and air condition (HVAC), powertrain cooling, fluid transport, and others. The HVAC segment accounted for the largest share of the market in 2018 and is expected to maintain its dominance over the forecast period. The4 HVAC segment is poised to reach a valuation of USD 23 Bn at a CAGR of 4.10% by the end of the forecast period.
By technology, the global automotive thermal management system market has been segmented into active transmission warm-up, exhaust gas recirculation (EGR), reduced HVAC system loading, and other technologies. The active transmission warm-up segment currently accounts for the largest share of the market and is anticipated to reach a valuation of USD 30.59 Bn by the end of 2023.
By propulsion, the global automotive thermal management system market has been segmented into internal combustion engine (ICE) vehicle and electric vehicle. The electric vehicle segment has been further segmented into battery electric vehicle, hybrid electric vehicle, and plug-in hybrid electric vehicle (PHEVs). The ICE segment accounted for almost 92% share of the market in 2017 and is anticipated to exhibit a CAGR of 4.29% over the forecast period. Meanwhile, the electric vehicle segment is likely to witness the highest CAGR over the forecast period.
By vehicle type, the global automotive thermal management system market has been segmented into passenger type and commercial vehicle. The passenger vehicle segment is leading the market and attained a valuation of over USD 42 Bn in 2017.
Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
Read More On Global Automotive Thermal Management System Market: https://www.kitv.com/story/39363698/automotive-thermal-management-market-2018-industry-size-share-trends-growth-competitive-landscape-and-global-forecast-to-2023
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