(EMAILWIRE.COM, December 18, 2019 ) Automotive Thermal Systems Market
• DataM analyses the complete scenario of Global Automotive Thermal Systems Market, market segmentation, geography analysis, companies, trends and opportunities in the market.
• The market is segmented by Component (Compressor, HVAC, Powertrain Cooling, and Fluid Transport), and By Vehicle type (Passenger cars, Commercial Vehicles).

Overview of Global Thermal Systems Market
• Global Automotive Thermal Systems Market is an emerging market and is expected to grow at a CAGR of XX% during the period (2018-2025).
• Thermal systems are equipped with thermal sensors that sense the temperature in real time and provide necessary solutions to the user.
• In Asia-pacific, automotive thermal system market shows highest growth rate followed by North America and Europe.
• The increase in demand for air conditioning systems for vehicles is high in Asia Pacific.
• Automakers are applying new power train Cooling technologies to meet government regulations.
• Thermal system techniques can improve power train and passenger comfort system efficiencies and are also crucial for the implementation of power train technologies like start-stop and coasting systems.

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Market Growth Factors
• Increase in demand for automotive ventilation and heating systems is expected to drive the automotive thermal system industry over the coming years.
• Automotive Cooling and heating systems require sensors which detect the engine and cabin temperatures.
• Further, growing usage of eco-friendly refrigerants along with electrification of automobiles is projected to accelerate market growth.
• Increasing demand for alternative fuels such as propane, hydrogen and bio alcohols had been noticed as per the need of advanced thermal systems, this can be a crucial opportunity for fueling the growth of the market.
• One of the Major trends of Automotive thermal systems market is ease of diagnosis through Controller Area Network (CAN) bus interface and supporting sensor units.

Market Restraints
• Rising demand for luxury cars along with demand for air conditioning in commercial vehicles is expected to elevate the automotive thermal system market.

Market Segmentation
By Product:
• The Automotive HVAC system provides ventilation, heat, and air conditioning in a vehicle.
• HVAC equipment is cost-effective and can optimize productivity which is expected to generate growth revenues shortly.
• Increasing demand for advanced HVAC that are environment-friendly and lightweight is supposed to compel automotive thermal system market growth over the coming years.

Key market segments covered

By Component
• Compressor
• HVAC
• Powertrain Cooling
• Fluid Transport

By Vehicle Type
• Passenger Cars
• Commercial Vehicles

By Region
• Asia Pacific
• Europe
• North America
• South America
• Rest of the World

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