Automotive Thermal Management Market Research: at a CAGR of 6.8% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report “Automotive Thermal Management- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2026-2032), this report provides a comprehensive analysis of the global Automotive Thermal Management market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Automotive Thermal Management was estimated to be worth US$ 58855 million in 2024 and is forecast to a readjusted size of US$ 93480 million by 2031 with a CAGR of 6.8% during the forecast period 2025-2031.

【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】
https://www.qyresearch.com/reports/4769979/automotive-thermal-management

According to the new market research report “Automotive Thermal Management - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”, published by QYResearch, the global automotive thermal management market size is projected to reach USD 93.48 billion by 2031, at a CAGR of 6.8% during the forecast period.

Figure00001. Global Automotive Thermal Management Market Size (US$ Million), 2020-2031

Automotive Thermal Management

Source: QYResearch, “Automotive Thermal Management – Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

Figure00002. Global Automotive Thermal Management Top 10 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Source: QYResearch, “Automotive Thermal Management – Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

According to QYResearch Top Players Research Center, the global key manufacturers of Automotive Thermal Management include DENSO, Hanon Systems, Valeo, MAHLE GmbH, Sanhua Intelligent Controls, etc. In 2024, the global top four players had a share approximately 48.0% in terms of revenue.

Figure00003. Automotive Thermal Management, Global Market Size, Split by Product Segment

Automotive Thermal Management

Source: QYResearch, “Automotive Thermal Management – Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

In terms of product type, currently passenger cabin thermal management system is the largest segment, hold a share of 53.6%. In the global automotive thermal management market, the four major subsystems show distinct trajectories as electrification reshapes demand. The powertrain thermal management system, which traditionally handles engine and transmission cooling, still holds the largest base share but is gradually declining as internal combustion powertrains give way to hybrid and electric architectures. The cabin thermal management system remains stable, supported by consistent demand for comfort and energy-efficient HVAC or heat pump solutions, though its growth rate is moderate compared with electrified subsystems. The e-motor and power electronics thermal management system is steadily gaining share, driven by the expansion of 400 V/800 V platforms and the adoption of SiC-based inverters that require high-precision cooling. The battery thermal management system (BTMS) is the fastest-growing segment, propelled by surging BEV and PHEV sales, fast-charging capability requirements, and new technologies such as direct refrigerant and immersion cooling. Overall, market share is shifting from engine-centric systems toward battery- and e-drive-focused architectures, reflecting the industry’s transition to electrified, intelligent, and energy-optimized vehicle platforms.

Figure00004. Automotive Thermal Management, Global Market Size, Split by Application Segment

Automotive Thermal Management

Source: QYResearch, “Automotive Thermal Management – Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

In terms of product application, currently passenger cars is the largest segment, hold a share of 76.2%.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Automotive Thermal Management market is segmented as below:
By Company
DENSO
Hanon Systems
Valeo
MAHLE GmbH
Sanhua Intelligent Controls
Sanden
Aotecar
Yinlun Machinery
HASCO
Bosch
Johnson Electric
Highly Group
BorgWarner
Zhongding Group
Dana Incorporated
Songz Automobile Air Conditioning
Modine
Feilong Auto Components
Tenglong Auto Parts
Tuopu Group

Segment by Type
Powertrain System
Passenger Cabin Thermal Management System
Motor Control Thermal Management System
Battery Thermal Management System

Segment by Application
Passenger Car
Commercial Vehicle

Each chapter of the report provides detailed information for readers to further understand the Automotive Thermal Management market:

Chapter 1: Introduces the report scope of the Automotive Thermal Management report, global total market size (valve, volume and price). 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. (2021-2032)
Chapter 2: Detailed analysis of Automotive Thermal Management manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2021-2026)
Chapter 3: Provides the analysis of various Automotive Thermal Management 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. (2021-2032)
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.(2021-2032)
Chapter 5: Sales, revenue of Automotive Thermal Management 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..(2021-2032)
Chapter 6: Sales, revenue of Automotive Thermal Management in country level. It provides sigmate data by Type, and by Application for each country/region.(2021-2032)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2021-2026)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Automotive Thermal Management competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Automotive Thermal Management comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Automotive Thermal Management market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

About Us：
QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 19 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.

Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
EN: https://www.qyresearch.com
Email: global@qyresearch.com
Tel: 001-626-842-1666(US)
JP: https://www.qyresearch.co.jp

日	月	火	水	木	金	土
« 11月				1月 »
	1	2	3	4	5	6
7	8	9	10	11	12	13
14	15	16	17	18	19	20
21	22	23	24	25	26	27
28	29	30	31

Automotive Thermal Management Market Research: at a CAGR of 6.8% during the forecast period

コメントを残す コメントをキャンセル

コメントを残すコメントをキャンセル