Global Document Camera Market Growth 2025-2031
Description
According to this study, the global Automotive Thermal Management market size will reach US$ 63957 million by 2031.
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.
Market 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.
LPI (LP Information)' newest research report, the “Automotive Thermal Management Industry Forecast” looks at past sales and reviews total world Automotive Thermal Management sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Thermal Management sales for 2025 through 2031. With Automotive Thermal Management sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Thermal Management industry.
This Insight Report provides a comprehensive analysis of the global Automotive Thermal Management landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Automotive Thermal Management portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Thermal Management market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Thermal Management and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Thermal Management.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Thermal Management market by product type, application, key players and key regions and countries.
Segmentation by Type:
Engine Thermal Management System
Transmission Cooling System
Passenger Compartment Thermal Management System
Electric Motor Thermal Management System
Battery Thermal Management System
Others
Segmentation by Application:
Passenger Car
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bosch
Dana
MAHLE GmbH
Gentherm
Hanon Systems
Denso
Continental
BorgWarner
Valeo
Modine
Schaeffler
Kendrion
ZF
Marelli
Grayson Thermal Systems
Johnson Electric
Eberspächer
Webasto
Hella
Sanden
Sanhua Automotive
Please note: The report will take approximately 2 business days to prepare and deliver.
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.
Market 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.
LPI (LP Information)' newest research report, the “Automotive Thermal Management Industry Forecast” looks at past sales and reviews total world Automotive Thermal Management sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Thermal Management sales for 2025 through 2031. With Automotive Thermal Management sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Thermal Management industry.
This Insight Report provides a comprehensive analysis of the global Automotive Thermal Management landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Automotive Thermal Management portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Thermal Management market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Thermal Management and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Thermal Management.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Thermal Management market by product type, application, key players and key regions and countries.
Segmentation by Type:
Engine Thermal Management System
Transmission Cooling System
Passenger Compartment Thermal Management System
Electric Motor Thermal Management System
Battery Thermal Management System
Others
Segmentation by Application:
Passenger Car
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bosch
Dana
MAHLE GmbH
Gentherm
Hanon Systems
Denso
Continental
BorgWarner
Valeo
Modine
Schaeffler
Kendrion
ZF
Marelli
Grayson Thermal Systems
Johnson Electric
Eberspächer
Webasto
Hella
Sanden
Sanhua Automotive
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
146 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Document Camera by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Document Camera by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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