Automotive Thermal System Market: Segmentation and Company Analysis to 2020
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Automotive thermal system is concern with the management of liquid, temperature and air. It increases the comfort of the passengers by taking care of the temperature inside the vehicle. The main components of automotive thermal system are powertrain cooling, ventilation & AC, battery thermal management, power device cooling and waste heat recovery.
Implementation of new technologies such as HVAC systems for thermal heating is driving the market globally. The primary advantage of this advanced system is that it reduces the harmful gases emitted by the cooling system compressors without compromising on the cooling capacity. Implementation of new technologies and upgrade of existing ones is among the key drivers for the growth of this market globally. Increasing demand for thermal systems that run on alternative fuels such as bio-alcohols, liquid hydrogen, propane, P-Series fuels, and ethanol is a key opportunity for the growth of the market in the near future.
The emerging business class in India and China along with the green revolution in the automotive industry is also driving the automotive thermal system market in Asia-Pacific. Increase in GDP levels, government norms and regulations, change in attitude of society towards the environment, and technological advancement are the key factors driving the automotive thermal system market.
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Manufacturers of automotive transmission systems are investing significantly in research and development for innovation of latest technology in automotive transmission. ZF Technologies introduced the world’s first nine-speed automatic transmission system. This is likely to enhance fuel efficiency of vehicles considerably. There is a growing demand for vehicles with continuous variable transmission system. Driving a continuously variable transmission system is the same as driving a vehicle with automatic transmission, just that the engine revs up and down automatically. There is a growing demand for vehicles with continuously variable transmission due to its simplicity and enhanced performance. Therefore, this technology is likely to dominate the market in the coming years.
HVAC dominated the automotive thermal system market segmented by component. The HVAC system provides heat, ventilation and air conditioning in a vehicle. The HVAC market can be segmented into two types, automotive HVAC system and manual HVAC system. The rise in demand for HVAC is one of the key factors behind the growth of the automotive thermal system market as a whole.
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Geographically, the global automotive thermal system market has been segmented into four major regions: North America, Europe, Asia-Pacific and Rest of the World (RoW). Asia Pacific dominated the automotive thermal system market in 2013 followed by Europe. Developments in the infrastructure sector led to the rise in demand for construction vehicles. In addition, the rise in disposable income fuelled the demand for automobiles in Asia-Pacific and this is expected to drive the demand for thermal system. Asia-Pacific has been the largest contributor to the growth of the automotive thermal system market. The luxury car segment is dominated by Japan in this region. The growing business class in China and India, coupled with the green revolution in the automobile sector is further driving the global automotive thermal system market.
Some of the major players in the automotive thermal system market are General Motors Company (GM) (U.S.), Denso Corporation (Japan), Magma International Inc. (Canada), Valeo (France), Ford Motor Company (U.S.), Delphi Automotive PLC (U.S.), BorgWarener Automotive Powertrain Systems Corp (U.S.), ZF Friedrichshafen AG (Germany), Hyundai Motor Company (South Korea), Continental AG (Germany).
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.
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Implementation of new technologies such as HVAC systems for thermal heating is driving the market globally. The primary advantage of this advanced system is that it reduces the harmful gases emitted by the cooling system compressors without compromising on the cooling capacity. Implementation of new technologies and upgrade of existing ones is among the key drivers for the growth of this market globally. Increasing demand for thermal systems that run on alternative fuels such as bio-alcohols, liquid hydrogen, propane, P-Series fuels, and ethanol is a key opportunity for the growth of the market in the near future.
The emerging business class in India and China along with the green revolution in the automotive industry is also driving the automotive thermal system market in Asia-Pacific. Increase in GDP levels, government norms and regulations, change in attitude of society towards the environment, and technological advancement are the key factors driving the automotive thermal system market.
Obtain Report Details @
http://www.transparencymarketresearch.com/automotive-thermal-system-market.html
Manufacturers of automotive transmission systems are investing significantly in research and development for innovation of latest technology in automotive transmission. ZF Technologies introduced the world’s first nine-speed automatic transmission system. This is likely to enhance fuel efficiency of vehicles considerably. There is a growing demand for vehicles with continuous variable transmission system. Driving a continuously variable transmission system is the same as driving a vehicle with automatic transmission, just that the engine revs up and down automatically. There is a growing demand for vehicles with continuously variable transmission due to its simplicity and enhanced performance. Therefore, this technology is likely to dominate the market in the coming years.
HVAC dominated the automotive thermal system market segmented by component. The HVAC system provides heat, ventilation and air conditioning in a vehicle. The HVAC market can be segmented into two types, automotive HVAC system and manual HVAC system. The rise in demand for HVAC is one of the key factors behind the growth of the automotive thermal system market as a whole.
Make an Enquiry@
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4400
Geographically, the global automotive thermal system market has been segmented into four major regions: North America, Europe, Asia-Pacific and Rest of the World (RoW). Asia Pacific dominated the automotive thermal system market in 2013 followed by Europe. Developments in the infrastructure sector led to the rise in demand for construction vehicles. In addition, the rise in disposable income fuelled the demand for automobiles in Asia-Pacific and this is expected to drive the demand for thermal system. Asia-Pacific has been the largest contributor to the growth of the automotive thermal system market. The luxury car segment is dominated by Japan in this region. The growing business class in China and India, coupled with the green revolution in the automobile sector is further driving the global automotive thermal system market.
Some of the major players in the automotive thermal system market are General Motors Company (GM) (U.S.), Denso Corporation (Japan), Magma International Inc. (Canada), Valeo (France), Ford Motor Company (U.S.), Delphi Automotive PLC (U.S.), BorgWarener Automotive Powertrain Systems Corp (U.S.), ZF Friedrichshafen AG (Germany), Hyundai Motor Company (South Korea), Continental AG (Germany).
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com