Automotive thermal management system (TMS) technologies are primarily used for reducing fuel emissions and improving passenger comfort. Its major functions include reducing thermal loads, transferring heat efficiently, and reusing of waste heat. An automotive TMS monitors and controls the operating temperature of various automobile systems such as power electronics, battery, electric drive units, engine, transmission, and passenger cabin area to improve the efficiency and prevent damage to the components.

Radiant Insights analysts forecast the global automotive thermal management system market to grow at a CAGR of 7.18% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global automotive thermal management system market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Global Automotive Thermal Management System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Denso
• Gentherm
• MAHLE
• Valeo

Other prominent vendors
• AVID
• BorgWarner
• Bosch
• CapTherm Systems
• Dana
• DuPont
• Hanon Systems
• VOSS Automotive

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Market driver
• Growing adoption of integrated TMS for vehicle components
• For a full, detailed list, view our report

Market challenge
• Increasing cost pressure on OEMs and suppliers from demand side
• For a full, detailed list, view our report

Market trend
• Evolution of PCM and GIHP
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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