Automotive Thermal System Market, By Propulsion Type (ICE and Electric), By Application, By Vehicle Type, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2025-2032
REPORT HIGHLIGHT
Automotive Thermal System Market size was valued at USD 52,435.14 Million in 2024, expanding to a CAGR of 5.6% from 2025 to 2032.
An automotive thermal system is an essential part of vehicles, responsible for regulating temperature to maintain optimal performance, efficiency, and comfort. This system includes components for heating, cooling, ventilation, and managing the temperature of critical vehicle elements, such as the engine, battery, cabin, and exhaust system.
Automotive Thermal System Market- Market Dynamics
Ø The growing focus on fuel efficiency and the increasing demand for electric and hybrid vehicles are expected to drive significant growth in the market.
The automotive thermal system market is experiencing rapid growth, driven by the increasing demand for energy-efficient vehicles and advancements in technology such as Advanced Driver Assistance Systems (ADAS). A key factor propelling the market is the global push for enhanced fuel efficiency and emission reduction. Governments worldwide have introduced stringent environmental regulations aimed at lowering greenhouse gas (GHG) emissions from vehicles. For instance, the European Union\'s \"Fit for 55\" package targets a 55% reduction in emissions by 2030, compelling manufacturers to improve vehicle performance through innovative thermal management solutions. These systems are crucial in optimizing engine performance, reducing fuel consumption, and minimizing emissions by efficiently managing heat dissipation and ensuring engines operate within optimal temperature ranges.
The rise of electric vehicles (EVs) and hybrid vehicles (HEVs) has further intensified the demand for advanced thermal systems. EVs and HEVs rely on sophisticated thermal management techniques to regulate battery temperatures, maintain efficiency, and maximize driving range. For example, lithium-ion batteries in EVs require precise temperature control to prevent overheating, which can lead to decreased battery life or safety issues. According to the U.S. Department of Energy, the efficient cooling of EV batteries can significantly extend their lifespan, with improved thermal management contributing to both performance and cost-effectiveness. As more automakers transition to electric models, the need for advanced cooling systems becomes increasingly critical.
The growth of autonomous vehicles (AVs) is another driver of the automotive thermal system market. With the development of ADAS technologies, including sensors, radar systems, cameras, and LiDAR, thermal management has become essential to ensure the optimal performance of these heat-sensitive components. These technologies generate substantial amounts of heat, which must be efficiently managed to ensure safety and precision. The U.S. National Highway Traffic Safety Administration (NHTSA) reports that over 40% of AV-related incidents are caused by sensor failures, highlighting the critical role of thermal systems in maintaining sensor accuracy and system reliability.
Automotive Thermal System Market- Segmentation Analysis:
The Global Automotive Thermal System Market is segmented based on Propulsion Type, Application, Vehicle Type, and Region.
The market is segmented into two categories based on propulsion type: Internal Combustion Engines (ICE) and Electric. The ICE segment continues to lead the market, primarily due to the widespread use of ICE engines in medium- and heavy-duty vehicles, where their performance, reliability, and fuel efficiency are key drivers. These vehicles, such as trucks and buses, rely on ICE engines for their power, range, and cost-effectiveness. According to the U.S. Department of Energy, approximately 97% of medium and heavy-duty vehicles still use ICE, reflecting the enduring dominance of traditional engines in the commercial transportation sector despite the increasing shift toward electrification. The ongoing demand for ICE engines in these sectors continues to drive market growth.
The market is further divided by application into HVAC (Heating, Ventilation, and Air Conditioning), powertrain cooling, fluid transport, and others, with the HVAC segment expected to hold the largest share. The growth of this segment is driven by automotive companies\' investments in improving the energy efficiency of thermal systems and creating more comfortable, sustainable vehicles. Innovations in HVAC systems, such as heat pump technology and more efficient climate control systems, are contributing to this growth. The U.S. Environmental Protection Agency (EPA) has set new fuel economy standards for automakers, encouraging the development of more efficient HVAC systems to reduce overall vehicle energy consumption and emissions. As a result, the HVAC sector continues to expand, playing a vital role in enhancing both comfort and energy efficiency in modern vehicles.
The market is also segmented by vehicle type into passenger cars, light commercial vehicles, and large commercial vehicles. The passenger cars segment holds the largest share, driven by the rising demand for luxury cars with advanced features such as heated and cooled seats, climate control systems, and energy-efficient technologies. According to the National Automobile Dealers Association (NADA), luxury car sales in the U.S. grew by 15% in 2023, fueled by consumers seeking enhanced comfort and convenience. As the trend for high-end vehicles continues to rise, the demand for sophisticated thermal systems in passenger cars is expected to increase significantly, further driving growth in this segment.
Automotive Thermal System Market- Geographical Insights
The automotive thermal system market is experiencing widespread growth across regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. In North America, the market is expanding steadily, driven by the rising adoption of hybrid and electric vehicles (EVs) in the United States and Canada. The U.S. electric vehicle market, in particular, is witnessing rapid growth, bolstered by government incentives such as tax credits for EV buyers, and stringent Corporate Average Fuel Economy (CAFE) standards. The U.S. government has set a target to have electric vehicles make up 50% of all new car sales by 2030, further fueling the demand for advanced thermal management solutions to ensure efficient battery cooling and performance. This shift is encouraging automakers to invest in sophisticated thermal systems to meet both performance and regulatory standards.
Europe, on the other hand, is home to some of the world’s most stringent emission regulations, including the Euro 7 norms, which aim to reduce vehicle emissions further by 2025. These regulations are driving European automakers such as Volkswagen, BMW, Mercedes-Benz, and Renault to invest heavily in advanced cooling and thermal management systems, especially for electric vehicles. According to the European Commission, the Euro 7 standards are expected to reduce CO2 emissions by 30% in passenger cars by 2030, which has prompted significant research into battery thermal management solutions to meet these targets. The European Union’s Green Deal, which aims to make Europe the first climate-neutral continent by 2050, is also a key driver for automakers to innovate in thermal systems to enhance fuel efficiency and minimize environmental impact.
In addition to these regions, the Asia-Pacific market, especially in China, Japan, and South Korea, is experiencing significant growth due to the expansion of EV production and sales. China, the world’s largest automotive market, has made EV adoption a key part of its national agenda, with policies such as subsidies for EV buyers and a target of having new energy vehicles (NEVs) account for 20% of all car sales by 2025. These policies have accelerated demand for advanced thermal systems to manage the growing number of electric vehicles and ensure their optimal performance and safety.
Automotive Thermal System Market- Competitive Landscape:
The Automotive Thermal System market is highly competitive, driven by the rapid growth of electric vehicles (EVs) and the increasing demand for efficient battery cooling solutions. New innovations, such as smart climate control technologies that enhance passenger comfort while minimizing energy consumption, are further fueling market growth. As automakers continue to transition to electric and hybrid vehicles, the competition within the automotive thermal system market is expected to intensify, spurring new technological advancements. Key players are heavily investing in the development of cutting-edge products and systems to meet the evolving needs of the market.
Recent Developments:
v In 2024, Mahle GmbH joined forces with Bosch to develop liquid-cooled power electronics for electric and hybrid vehicles, enhancing thermal management efficiency.
v In 2024, Hanon Systems secured a USD 1.2 billion contract with Hyundai and Kia to provide battery thermal management systems for their electric vehicle lineup.
v In 2023, BorgWarner expanded its capabilities in EV cooling technologies by acquiring Drivetek AG, strengthening its position in the growing electric vehicle market.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKET KEY PLAYERS
Ø Denso Corporation
Ø Valeo
Ø Mahle GmbH
Ø Hanon Systems
Ø BorgWarner Inc.
Ø Robert Bosch GmbH
Ø Continental AG
Ø Modine Manufacturing Company
Ø Sanden Holdings Corporation
Ø Dana Incorporated
Ø Gentherm Incorporated
Ø Eberspächer Group
Ø Webasto Group
Ø Grayson Thermal Systems
Ø SMC Corporation
Ø Others
GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKET, BY PROPULSION TYPE- MARKET ANALYSIS, 2019-2032
Ø ICE
Ø Electric
GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKET, BY APPLICATION- MARKET ANALYSIS, 2019-2032
Ø HVAC
Ø Powertrain Cooling
Ø Fluid Transport
Ø Others
GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKET, BY VEHICLE TYPE- MARKET ANALYSIS, 2019-2032
Ø Passenger Cars
Ø Light Commercial Vehicles
Ø Large Commercial Vehicles
GLOBAL AUTOMOTIVE THERMAL SYSTEM MARKET, BY REGION- MARKET ANALYSIS, 2019-2032
Ø North America
o The U.S.
o Canada
Ø Europe
o Germany
o France
o Italy
o Spain
o United Kingdom
o Russia
o Netherlands
o Sweden
o Poland
o Rest of Europe
Ø Asia Pacific
o India
o China
o South Korea
o Japan
o Australia
o Thailand
o Indonesia
o Philippines
o Rest of APAC
Ø Latin America
o Brazil
o Mexico
o Argentina
o Colombia
o Rest of LATAM
Ø The Middle East and Africa
o Saudi Arabia
o UAE
o Israel
o Turkey
o Algeria
o Egypt
o Rest of MEA
TABLE OF CONTENT
1. Automotive Thermal System Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Automotive Thermal System Market Snippet by Propulsion Type
2.1.2. Automotive Thermal System Market Snippet by Application
2.1.3. Automotive Thermal System Market Snippet by Vehicle Type
2.1.4. Automotive Thermal System Market Snippet by Country
2.1.5. Automotive Thermal System Market Snippet by Region
2.2. Competitive Insights
3. Automotive Thermal System Key Market Trends
3.1. Automotive Thermal System Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Automotive Thermal System Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Automotive Thermal System Market Opportunities
3.4. Automotive Thermal System Market Future Trends
4. Automotive Thermal System Industry Study
4.1. PEST Analysis
4.2. Porter’s Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Automotive Thermal System Market: Impact of Escalating Geopolitical Tensions
5.1. Impact of COVID-19 Pandemic
5.2. Impact of Russia-Ukraine War
5.3. Impact of Middle East Conflicts
6. Automotive Thermal System Market Landscape
6.1. Automotive Thermal System Market Share Analysis, 2024
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players’ Analysis
6.2.2. Emerging Players’ Analysis
7. Automotive Thermal System Market – By Propulsion Type
7.1. Overview
7.1.1. Segment Share Analysis, By Propulsion Type, 2024 & 2032 (%)
7.1.2. ICE
7.1.3. Electric
8. Automotive Thermal System Market – By Application
8.1. Overview
8.1.1. Segment Share Analysis, By Application, 2024 & 2032 (%)
8.1.2. HVAC
8.1.3. Powertrain Cooling
8.1.4. Fluid Transport
8.1.5. Others
9. Automotive Thermal System Market – By Vehicle Type
9.1. Overview
9.1.1. Segment Share Analysis, By Vehicle Type, 2024 & 2032 (%)
9.1.2. Passenger Cars
9.1.3. Light Commercial Vehicles
9.1.4. Large Commercial Vehicles
10. Automotive Thermal System Market– By Geography
10.1. Introduction
10.1.1. Segment Share Analysis, By Geography, 2024 & 2032 (%)
10.2. North America
10.2.1. Overview
10.2.2. Automotive Thermal System Key Manufacturers in North America
10.2.3. North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
10.2.4. North America Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.2.5. North America Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.6. North America Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.2.7. U.S.
10.2.7.1. Overview
10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.7.3. U.S. Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.2.7.4. U.S. Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.7.5. U.S. Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.2.8. Canada
10.2.8.1. Overview
10.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.8.3. Canada Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.2.8.4. Canada Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.8.5. Canada Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.3. Europe
10.3.1. Overview
10.3.2. Automotive Thermal System Key Manufacturers in Europe
10.3.3. Europe Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
10.3.4. Europe Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.3.5. Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.3.6. Europe Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.3.7. Germany
10.3.7.1. Overview
10.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.7.3. Germany Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.3.7.4. Germany Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.3.7.5. Germany Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.3.8. UK
10.3.8.1. Overview
10.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.8.3. UK Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.3.8.4. UK Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.3.8.5. UK Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.3.9. France
10.3.9.1. Overview
10.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.9.3. France Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.3.9.4. France Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.3.9.5. France Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.3.10. Italy
10.3.10.1. Overview
10.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.10.3. Italy Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.3.10.4. Italy Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.3.10.5. Italy Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.3.11. Spain
10.3.11.1. Overview
10.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.11.3. Spain Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.3.11.4. Spain Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.3.11.5. Spain Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.3.12. The Netherlands
10.3.12.1. Overview
10.3.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.12.3. The Netherlands Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.3.12.4. The Netherlands Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.3.12.5. The Netherlands Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.3.13. Sweden
10.3.13.1. Overview
10.3.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.13.3. Sweden Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.3.13.4. Sweden Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.3.13.5. Sweden Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.3.14. Russia
10.3.14.1. Overview
10.3.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.14.3. Russia Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.3.14.4. Russia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.3.14.5. Russia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.3.15. Poland
10.3.15.1. Overview
10.3.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.15.3. Poland Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.3.15.4. Poland Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.3.15.5. Poland Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.3.16. Rest of Europe
10.3.16.1. Overview
10.3.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.16.3. Rest of the Europe Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.3.16.4. Rest of the Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.3.16.5. Rest of the Europe Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.4. Asia Pacific (APAC)
10.4.1. Overview
10.4.2. Automotive Thermal System Key Manufacturers in Asia Pacific
10.4.3. APAC Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
10.4.4. APAC Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.4.5. APAC Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.4.6. APAC Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.4.7. China
10.4.7.1. Overview
10.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.7.3. China Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.4.7.4. China Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.4.7.5. China Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.4.8. India
10.4.8.1. Overview
10.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.8.3. India Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.4.8.4. India Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.4.8.5. India Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.4.9. Japan
10.4.9.1. Overview
10.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.9.3. Japan Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.4.9.4. Japan Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.4.9.5. Japan Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.4.10. South Korea
10.4.10.1. Overview
10.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.10.3. South Korea Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.4.10.4. South Korea Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.4.10.5. South Korea Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.4.11. Australia
10.4.11.1. Overview
10.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.11.3. Australia Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.4.11.4. Australia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.4.11.5. Australia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.4.12. Indonesia
10.4.12.1. Overview
10.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.12.3. Indonesia Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.4.12.4. Indonesia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.4.12.5. Indonesia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.4.13. Thailand
10.4.13.1. Overview
10.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.13.3. Thailand Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.4.13.4. Thailand Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.4.13.5. Thailand Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.4.14. Philippines
10.4.14.1. Overview
10.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.14.3. Philippines Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.4.14.4. Philippines Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.4.14.5. Philippines Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.4.15. Rest of APAC
10.4.15.1. Overview
10.4.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.15.3. Rest of APAC Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.4.15.4. Rest of APAC Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.4.15.5. Rest of APAC Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.5. Latin America (LATAM)
10.5.1. Overview
10.5.2. Automotive Thermal System Key Manufacturers in Latin America
10.5.3. LATAM Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
10.5.4. LATAM Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.5.5. LATAM Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.5.6. LATAM Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.5.7. Brazil
10.5.7.1. Overview
10.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.5.7.3. Brazil Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.5.7.4. Brazil Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.5.7.5. Brazil Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.5.8. Mexico
10.5.8.1. Overview
10.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.5.8.3. Mexico Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.5.8.4. Mexico Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.5.8.5. Mexico Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.5.9. Argentina
10.5.9.1. Overview
10.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.5.9.3. Argentina Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.5.9.4. Argentina Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.5.9.5. Argentina Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.5.10. Colombia
10.5.10.1. Overview
10.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.5.10.3. Colombia Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.5.10.4. Colombia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.5.10.5. Colombia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.5.11. Rest of LATAM
10.5.11.1. Overview
10.5.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.5.11.3. Rest of LATAM Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.5.11.4. Rest of LATAM Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.5.11.5. Rest of LATAM Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.6. Middle East and Africa (MEA)
10.6.1. Overview
10.6.2. Automotive Thermal System Key Manufacturers in Middle East and Africa
10.6.3. MEA Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
10.6.4. MEA Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.6.5. MEA Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.6.6. MEA Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.6.7. Saudi Arabia
10.6.7.1. Overview
10.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.6.7.3. Saudi Arabia Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.6.7.4. Saudi Arabia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.6.7.5. Saudi Arabia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.6.8. UAE
10.6.8.1. Overview
10.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.6.8.3. UAE Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.6.8.4. UAE Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.6.8.5. UAE Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.6.9. Israel
10.6.9.1. Overview
10.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.6.9.3. Israel Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.6.9.4. Israel Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.6.9.5. Israel Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.6.10. Turkey
10.6.10.1. Overview
10.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.6.10.3. Turkey Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.6.10.4. Turkey Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.6.10.5. Turkey Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.6.11. Algeria
10.6.11.1. Overview
10.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.6.11.3. Algeria Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.6.11.4. Algeria Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.6.11.5. Algeria Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.6.12. Egypt
10.6.12.1. Overview
10.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.6.12.3. Egypt Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.6.12.4. Egypt Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.6.12.5. Egypt Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
10.6.13. Rest of MEA
10.6.13.1. Overview
10.6.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.6.13.3. Rest of MEA Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
10.6.13.4. Rest of MEA Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.6.13.5. Rest of MEA Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11. Key Vendor Analysis- Automotive Thermal System Industry
11.1. Competitive Dashboard
11.1.1. Competitive Benchmarking
11.1.2. Competitive Positioning
11.2. Company Profiles
11.2.1. Denso Corporation
11.2.2. Valeo
11.2.3. Mahle GmbH
11.2.4. Hanon Systems
11.2.5. BorgWarner Inc.
11.2.6. Robert Bosch GmbH
11.2.7. Continental AG
11.2.8. Modine Manufacturing Company
11.2.9. Sanden Holdings Corporation
11.2.10. Dana Incorporated
11.2.11. Gentherm Incorporated
11.2.12. Eberspächer Group
11.2.13. Webasto Group
11.2.14. Grayson Thermal Systems
11.2.15. SMC Corporation
11.2.16. Others
12. 360 Degree AnalystView
13. Appendix
13.1. Research Methodology
13.2. References
13.3. Abbreviations
13.4. Disclaimer
13.5. Contact Us
