The global market for Automotive Thermal Management was valued at US$ 42845 million in the year 2024 and is projected to reach a revised size of US$ 64542 million by 2031, growing at a CAGR of 6.1% during the forecast period.
Automotive thermal management refers to a set of systems and technologies used to control the temperature of various vehicle components such as engines, batteries, power electronics, passenger cabins, and drivetrain systems. With the rapid electrification of vehicles and growing demand for fuel efficiency and safety, thermal management systems have become critical in modern automotive design.
Traditionally focused on internal combustion engines (ICE), thermal management now plays an even more vital role in electric vehicles (EVs) and hybrid electric vehicles (HEVs), where batteries and power electronics require precise temperature regulation to ensure performance, safety, and lifespan. Key components include radiators, coolant pumps, electric fans, HVAC systems, battery cooling modules, and thermal interface materials.
麻豆原创 Drivers:
Electrification of mobility: The growth of EVs and plug-in hybrids is driving demand for advanced thermal solutions, especially battery thermal management systems (BTMS).
Stringent emission and efficiency regulations: Governments worldwide are enforcing emission standards and fuel economy requirements, which promote thermal optimization.
Technological advancements: Integration of sensors, control units, and active thermal management strategies (e.g., heat pumps, phase change materials) is enhancing system efficiency.
Passenger comfort and safety: Modern vehicles demand highly efficient climate control systems for enhanced cabin comfort and occupant safety.
Regional Insights:
Asia-Pacific leads the market, accounting for over 40% of the global share, driven by strong automotive production hubs in China, Japan, and South Korea.
Europe is a key region due to the early adoption of electric mobility and stringent emission norms.
North America continues to see steady growth fueled by EV adoption and demand for light-duty trucks and SUVs with advanced HVAC systems.
This report aims to provide a comprehensive presentation of the global market for Automotive Thermal Management, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Thermal Management.
The Automotive Thermal Management market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Automotive Thermal Management market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automotive Thermal Management companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
麻豆原创 Segmentation
By Company
Bosch
Dana
MAHLE GmbH
Gentherm
Hanon Systems
Denso
Continental
BorgWarner
Valeo
Modine
Schaeffler
Kendrion
ZF
Marelli
Grayson Thermal Systems
Johnson Electric
贰产别谤蝉辫盲肠丑别谤
Webasto
Hella
Sanden
Sanhua Automotive
Segment by Type
Engine Thermal Management System
Transmission Cooling System
Passenger Compartment Thermal Management System
Electric Motor Thermal Management System
Battery Thermal Management System
Others
Segment by Application
Passenger Car
Commercial Vehicle
By Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia & New Zealand
Europe
Germany
France
U.K.
Italy
Ireland
Russia
Rest of Europe
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Israel
United Arab Emirates (UAE)
Saudi Arabia
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Automotive Thermal Management company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various 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.
Chapter 5: 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.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: 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.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 麻豆原创 Analysis by Type
1.2.1 Global Automotive Thermal Management 麻豆原创 Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Engine Thermal Management System
1.2.3 Transmission Cooling System
1.2.4 Passenger Compartment Thermal Management System
1.2.5 Electric Motor Thermal Management System
1.2.6 Battery Thermal Management System
1.2.7 Others
1.3 麻豆原创 by Application
1.3.1 Global Automotive Thermal Management 麻豆原创 Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Passenger Car
1.3.3 Commercial Vehicle
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Automotive Thermal Management 麻豆原创 Perspective (2020-2031)
2.2 Global Automotive Thermal Management Growth Trends by Region
2.2.1 Global Automotive Thermal Management 麻豆原创 Size by Region: 2020 VS 2024 VS 2031
2.2.2 Automotive Thermal Management Historic 麻豆原创 Size by Region (2020-2025)
2.2.3 Automotive Thermal Management Forecasted 麻豆原创 Size by Region (2026-2031)
2.3 Automotive Thermal Management 麻豆原创 Dynamics
2.3.1 Automotive Thermal Management Industry Trends
2.3.2 Automotive Thermal Management 麻豆原创 Drivers
2.3.3 Automotive Thermal Management 麻豆原创 Challenges
2.3.4 Automotive Thermal Management 麻豆原创 Restraints
3 Competition Landscape by Key Players
3.1 Global Top Automotive Thermal Management Players by Revenue
3.1.1 Global Top Automotive Thermal Management Players by Revenue (2020-2025)
3.1.2 Global Automotive Thermal Management Revenue 麻豆原创 Share by Players (2020-2025)
3.2 Global Top Automotive Thermal Management Players by Company Type and 麻豆原创 Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Automotive Thermal Management Revenue
3.4 Global Automotive Thermal Management 麻豆原创 Concentration Ratio
3.4.1 Global Automotive Thermal Management 麻豆原创 Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Automotive Thermal Management Revenue in 2024
3.5 Global Key Players of Automotive Thermal Management Head office and Area Served
3.6 Global Key Players of Automotive Thermal Management, Product and Application
3.7 Global Key Players of Automotive Thermal Management, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Automotive Thermal Management Breakdown Data by Type
4.1 Global Automotive Thermal Management Historic 麻豆原创 Size by Type (2020-2025)
4.2 Global Automotive Thermal Management Forecasted 麻豆原创 Size by Type (2026-2031)
5 Automotive Thermal Management Breakdown Data by Application
5.1 Global Automotive Thermal Management Historic 麻豆原创 Size by Application (2020-2025)
5.2 Global Automotive Thermal Management Forecasted 麻豆原创 Size by Application (2026-2031)
6 North America
6.1 North America Automotive Thermal Management 麻豆原创 Size (2020-2031)
6.2 North America Automotive Thermal Management 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Automotive Thermal Management 麻豆原创 Size by Country (2020-2025)
6.4 North America Automotive Thermal Management 麻豆原创 Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Automotive Thermal Management 麻豆原创 Size (2020-2031)
7.2 Europe Automotive Thermal Management 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Automotive Thermal Management 麻豆原创 Size by Country (2020-2025)
7.4 Europe Automotive Thermal Management 麻豆原创 Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Ireland
8 Asia-Pacific
8.1 Asia-Pacific Automotive Thermal Management 麻豆原创 Size (2020-2031)
8.2 Asia-Pacific Automotive Thermal Management 麻豆原创 Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Automotive Thermal Management 麻豆原创 Size by Region (2020-2025)
8.4 Asia-Pacific Automotive Thermal Management 麻豆原创 Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia & New Zealand
9 Latin America
9.1 Latin America Automotive Thermal Management 麻豆原创 Size (2020-2031)
9.2 Latin America Automotive Thermal Management 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Automotive Thermal Management 麻豆原创 Size by Country (2020-2025)
9.4 Latin America Automotive Thermal Management 麻豆原创 Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Automotive Thermal Management 麻豆原创 Size (2020-2031)
10.2 Middle East & Africa Automotive Thermal Management 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Automotive Thermal Management 麻豆原创 Size by Country (2020-2025)
10.4 Middle East & Africa Automotive Thermal Management 麻豆原创 Size by Country (2026-2031)
10.5 Israel
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Bosch
11.1.1 Bosch Company Details
11.1.2 Bosch Business Overview
11.1.3 Bosch Automotive Thermal Management Introduction
11.1.4 Bosch Revenue in Automotive Thermal Management Business (2020-2025)
11.1.5 Bosch Recent Development
11.2 Dana
11.2.1 Dana Company Details
11.2.2 Dana Business Overview
11.2.3 Dana Automotive Thermal Management Introduction
11.2.4 Dana Revenue in Automotive Thermal Management Business (2020-2025)
11.2.5 Dana Recent Development
11.3 MAHLE GmbH
11.3.1 MAHLE GmbH Company Details
11.3.2 MAHLE GmbH Business Overview
11.3.3 MAHLE GmbH Automotive Thermal Management Introduction
11.3.4 MAHLE GmbH Revenue in Automotive Thermal Management Business (2020-2025)
11.3.5 MAHLE GmbH Recent Development
11.4 Gentherm
11.4.1 Gentherm Company Details
11.4.2 Gentherm Business Overview
11.4.3 Gentherm Automotive Thermal Management Introduction
11.4.4 Gentherm Revenue in Automotive Thermal Management Business (2020-2025)
11.4.5 Gentherm Recent Development
11.5 Hanon Systems
11.5.1 Hanon Systems Company Details
11.5.2 Hanon Systems Business Overview
11.5.3 Hanon Systems Automotive Thermal Management Introduction
11.5.4 Hanon Systems Revenue in Automotive Thermal Management Business (2020-2025)
11.5.5 Hanon Systems Recent Development
11.6 Denso
11.6.1 Denso Company Details
11.6.2 Denso Business Overview
11.6.3 Denso Automotive Thermal Management Introduction
11.6.4 Denso Revenue in Automotive Thermal Management Business (2020-2025)
11.6.5 Denso Recent Development
11.7 Continental
11.7.1 Continental Company Details
11.7.2 Continental Business Overview
11.7.3 Continental Automotive Thermal Management Introduction
11.7.4 Continental Revenue in Automotive Thermal Management Business (2020-2025)
11.7.5 Continental Recent Development
11.8 BorgWarner
11.8.1 BorgWarner Company Details
11.8.2 BorgWarner Business Overview
11.8.3 BorgWarner Automotive Thermal Management Introduction
11.8.4 BorgWarner Revenue in Automotive Thermal Management Business (2020-2025)
11.8.5 BorgWarner Recent Development
11.9 Valeo
11.9.1 Valeo Company Details
11.9.2 Valeo Business Overview
11.9.3 Valeo Automotive Thermal Management Introduction
11.9.4 Valeo Revenue in Automotive Thermal Management Business (2020-2025)
11.9.5 Valeo Recent Development
11.10 Modine
11.10.1 Modine Company Details
11.10.2 Modine Business Overview
11.10.3 Modine Automotive Thermal Management Introduction
11.10.4 Modine Revenue in Automotive Thermal Management Business (2020-2025)
11.10.5 Modine Recent Development
11.11 Schaeffler
11.11.1 Schaeffler Company Details
11.11.2 Schaeffler Business Overview
11.11.3 Schaeffler Automotive Thermal Management Introduction
11.11.4 Schaeffler Revenue in Automotive Thermal Management Business (2020-2025)
11.11.5 Schaeffler Recent Development
11.12 Kendrion
11.12.1 Kendrion Company Details
11.12.2 Kendrion Business Overview
11.12.3 Kendrion Automotive Thermal Management Introduction
11.12.4 Kendrion Revenue in Automotive Thermal Management Business (2020-2025)
11.12.5 Kendrion Recent Development
11.13 ZF
11.13.1 ZF Company Details
11.13.2 ZF Business Overview
11.13.3 ZF Automotive Thermal Management Introduction
11.13.4 ZF Revenue in Automotive Thermal Management Business (2020-2025)
11.13.5 ZF Recent Development
11.14 Marelli
11.14.1 Marelli Company Details
11.14.2 Marelli Business Overview
11.14.3 Marelli Automotive Thermal Management Introduction
11.14.4 Marelli Revenue in Automotive Thermal Management Business (2020-2025)
11.14.5 Marelli Recent Development
11.15 Grayson Thermal Systems
11.15.1 Grayson Thermal Systems Company Details
11.15.2 Grayson Thermal Systems Business Overview
11.15.3 Grayson Thermal Systems Automotive Thermal Management Introduction
11.15.4 Grayson Thermal Systems Revenue in Automotive Thermal Management Business (2020-2025)
11.15.5 Grayson Thermal Systems Recent Development
11.16 Johnson Electric
11.16.1 Johnson Electric Company Details
11.16.2 Johnson Electric Business Overview
11.16.3 Johnson Electric Automotive Thermal Management Introduction
11.16.4 Johnson Electric Revenue in Automotive Thermal Management Business (2020-2025)
11.16.5 Johnson Electric Recent Development
11.17 贰产别谤蝉辫盲肠丑别谤
11.17.1 贰产别谤蝉辫盲肠丑别谤 Company Details
11.17.2 贰产别谤蝉辫盲肠丑别谤 Business Overview
11.17.3 贰产别谤蝉辫盲肠丑别谤 Automotive Thermal Management Introduction
11.17.4 贰产别谤蝉辫盲肠丑别谤 Revenue in Automotive Thermal Management Business (2020-2025)
11.17.5 贰产别谤蝉辫盲肠丑别谤 Recent Development
11.18 Webasto
11.18.1 Webasto Company Details
11.18.2 Webasto Business Overview
11.18.3 Webasto Automotive Thermal Management Introduction
11.18.4 Webasto Revenue in Automotive Thermal Management Business (2020-2025)
11.18.5 Webasto Recent Development
11.19 Hella
11.19.1 Hella Company Details
11.19.2 Hella Business Overview
11.19.3 Hella Automotive Thermal Management Introduction
11.19.4 Hella Revenue in Automotive Thermal Management Business (2020-2025)
11.19.5 Hella Recent Development
11.20 Sanden
11.20.1 Sanden Company Details
11.20.2 Sanden Business Overview
11.20.3 Sanden Automotive Thermal Management Introduction
11.20.4 Sanden Revenue in Automotive Thermal Management Business (2020-2025)
11.20.5 Sanden Recent Development
11.21 Sanhua Automotive
11.21.1 Sanhua Automotive Company Details
11.21.2 Sanhua Automotive Business Overview
11.21.3 Sanhua Automotive Automotive Thermal Management Introduction
11.21.4 Sanhua Automotive Revenue in Automotive Thermal Management Business (2020-2025)
11.21.5 Sanhua Automotive Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 麻豆原创 Size Estimation
13.1.1.3 麻豆原创 Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
Bosch
Dana
MAHLE GmbH
Gentherm
Hanon Systems
Denso
Continental
BorgWarner
Valeo
Modine
Schaeffler
Kendrion
ZF
Marelli
Grayson Thermal Systems
Johnson Electric
贰产别谤蝉辫盲肠丑别谤
Webasto
Hella
Sanden
Sanhua Automotive
听
听
*If Applicable.