Automotive and Transportation Research Reports

The report " Automotive Thermal Systems Market by Application (Front & rear A/C, Engine & Transmission, Seat, Steering, Battery, Motor, Power Electronics, Waste Heat Recovery), Technology, Components, Vehicle Type and Region - Global Forecast to 2026" The global automotive thermal Systems market is projected to grow at a CAGR of 3.7% during the forecast period, from an estimated USD 40.9 billion in 2021 to USD 49.1 billion by 2026. Stringent emission norms and rising demand for in-vehicle comfort applications will drive the automotive thermal system market. Passenger Car segment is expected to be the fastest-growing segment during the forecast period The passenger car segment is estimated to be the largest market for automotive thermal systems. The top 6 countries with the highest passenger car production are China, Japan, Germany, India, South Korea, and the US. The key factors that drive the sales of passenger cars in various countries are increasing per capita inc...

  The Automotive Thermal System Market is projected to reach USD 49.1 billion by 2026 from USD 40.9 billion in 2021, at a CAGR of 3.7%. Stringent emission norms and rising demand for in-vehicle comfort applications will drive the automotive thermal system market With the increase in global vehicle parc, controlling GHG emissions from vehicles has become a major challenge. To overcome the exponential outcome of emissions, regulatory bodies such as European Commission (EC) and the United States Environmental Protection Agency (US EPA) have regulated fuel sulphur content limits and mandated fuel economy standards. Advancements in thermal system technology can maximize CO2 reduction and improve vehicle efficiency by reusing the waste heat and optimally managing the heating and cooling systems of the vehicle. Various thermal system technologies that are now installed in luxury vehicles to meet the reduced CO2 emission targets are engine thermal mass reduction, predictive powertrain ...