自動車用熱システム部品市場 : 2035年までの予測

Automotive Thermal System Components Market

Automotive Thermal System Components Market by Component (Cooling Compressor, Refrigerant Pipe, Condenser, Water Pump, Oil Cooler, HVAC Systems, Battery Thermal Management Systems (BTMS), Heat Exchangers, Others), by Vehicle Type (Passenger Vehicle, Commercial Vehicle), by Propulsion Type (ICE, Electric, Hybrid), by Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) Forecast till 2035

商品番号 : SMB-83831

出版社Market Research Future
出版年月2025年6月
ページ数164
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

自動車用熱システム部品市場 : コンポーネント(冷却コンプレッサー、冷媒パイプ、コンデンサー、ウォーターポンプ、オイルクーラー、HVACシステム、バッテリー熱管理システム(BTMS)、熱交換器、その他)、車両タイプ別(乗用車、商用車)、推進タイプ別(ICE、電気、ハイブリッド)、地域別(北米、ヨーロッパ、アジア太平洋、中東およびアフリカ、南米)2035年までの予測

世界の自動車用熱システム部品市場は、予測期間(2025~2035年)において年平均成長率(CAGR)9.3%で成長し、2035年には1,113億3,300万米ドルに達すると予想されています。車両の熱システムは、エンジン、バッテリー、車室などの様々な部品が安全な温度範囲内に保たれるようにする役割を果たします。これには、ラジエーター、熱交換器、コンプレッサー、HVACシステムなどの部品が含まれます。

自動車用熱システム部品市場は、電気自動車(EV)の急速な普及に牽引され、力強い成長を遂げています。EVは、バッテリー、モーター、パワーエレクトロニクスの温度管理に高度な熱システムに大きく依存しています。効率的な熱システムは、安全性と性能を向上させるだけでなく、バッテリー寿命を延ばすことにもつながります。さらに、排出ガス削減を求める規制当局の圧力により、自動車メーカーはより効率的で燃費効率の高い冷暖房技術への投資を迫られています。交通機関のコネクテッド化と自律化が進むにつれ、よりインテリジェントな熱管理の必要性も高まっています。統合冷却ループ、ヒートポンプシステム、相変化材料といった主要なイノベーションが、大規模に導入されています。

Market Overview

The global automotive thermal system components market is expected to grow at a compound annual growth rate (CAGR) of 9.3% during the forecast period (2025–2035), ultimately reaching USD 111,333 million by 2035. A thermal system in a vehicle ensures that different parts like the engine, battery, and passenger cabin remain within safe temperature limits. It includes components such as radiators, heat exchangers, compressors, and HVAC systems.

The Automotive Thermal System Components Market is seeing strong growth, driven by the rapid rise in electric vehicle (EV) adoption. EVs depend heavily on advanced thermal systems to manage the temperature of batteries, motors, and power electronics. Efficient thermal systems not only boost safety and performance but also extend battery life. Besides, regulators’ pressure to lower emissions has also pushed car manufacturers to invest in cooling and heating technologies that are more efficient and that also reduce fuel consumption. As transport becomes increasingly connected and autonomous, the need for more intelligent thermal management also grows. The main innovations, such as integrated cooling loops, heat pump systems, and phase change materials, are being implemented on a large scale.

Advanced thermal technologies are still expensive and mostly found in premium models. On the other hand, the incorporation of these systems into the current vehicle platforms is very complicated and expensive. Less-known consumers and the growing cost of raw materials, including metals such as aluminum and copper, make it even more problematic.

The market is a blessing in disguise as automakers unveil clever thermal solutions that come with real-time sensors and AI governance. The build-up of EV charging stations and money sunk into driverless cars are also factors that increase thermal system efficiency. The use of biodegradable components and systems based on V2G (Vehicle-to-Grid) is also in the process of implementation, which increases the number of thermal system innovations.

Market Segmentations

In terms of the component, the global automotive thermal system components market is segmented into cooling compressors, refrigerant pipes, condensers, water pumps, oil coolers, HVAC systems, battery thermal management systems (BTMs), heat exchangers, and others.

The global market is classified based on the vehicle type, comprising passenger vehicles and commercial vehicles.

ICE, electric, and hybrid are propulsion types of the global automotive thermal system components market.

Regional Insights

North America stands out for its well-established auto industry and high-value vehicle production. The U.S. leads with a focus on EV thermal solutions and luxury cars, holding a dominant share of the market. Canada, while smaller in volume, is growing through innovation aimed at EV efficiency in cold regions. The region is defined by regulatory compliance and premium vehicle demand.

In Europe, severe emission norms as well as climate-friendly mobility objectives provide a life force for innovation in thermal systems. Germany is at the forefront, driving electric vehicle thermal engineering to new heights. France and the U.K. are on the same train, busily adding smart heating and cooling systems to the cars of the future. The region’s climate variation also means that these thermal solutions have to be very flexible.

The Asia-Pacific car thermal system market is the most vibrant in the world, being driven by production scale and the EV trend. China leads with overwhelming production power, while Japan and Korea are the ones who continue to innovate. India’s growth is huge, with its focus on cheap but highly efficient components. This region benefits from both government and consumer initiatives.

South America’s market is shaped by climate and economic variability. Brazil is the leading country with a strong component production and climate-driven demand for cooling systems. Argentina plays its part through regional supply chains. The EV shift is slower, though still growing, most notably in public and commercial transport segments.

In MEA, hot weather and ownership of vehicles are the undeniable facts that pave the way to efficient thermal components. GCC countries are accepting the HVAC innovations the increase comfort and the safety of the engine. The region is leading the pack in renewable energy, but also grappling with uneven development and local manufacturing limitations that hold back rapid progress. Demand is rising in both consumer and fleet segments.

Major Players

Key players in global automotive thermal system components are Denso Corporation, Hanon Systems, Mahle GmbH, Valeo SA, Zhejiang Sanhua Intelligent Control Co., Ltd., Zhejiang Yinlun Machinery Co., Ltd., Robert Bosch GmbH, Marelli Corporation, Modine Manufacturing Company, and Zhejiang Yinlun Machinery Co., Ltd.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY ………………………………………………………………………………………………… 18

2 MARKET INTRODUCTION ……………………………………………………………………………………………… 20

2.1 DEFINITION ……………………………………………………………………………………………………………………………………………… 20

2.2 SCOPE OF THE STUDY ……………………………………………………………………………………………………………………………. 20

2.3 RESEARCH OBJECTIVE ………………………………………………………………………………………………………………………….. 20

2.4 MARKET STRUCTURE ……………………………………………………………………………………………………………………………. 21

3 RESEARCH METHODOLOGY ………………………………………………………………………………………… 22

3.1 OVERVIEW ……………………………………………………………………………………………………………………………………………….. 22

3.2 DATA FLOW ……………………………………………………………………………………………………………………………………………… 24

3.2.1 DATA MINING PROCESS ………………………………………………………………………………………………………………… 24

3.3 PURCHASED DATABASE: ……………………………………………………………………………………………………………………….. 25

3.4 SECONDARY SOURCES: ………………………………………………………………………………………………………………………….. 26

3.4.1 SECONDARY RESEARCH DATA FLOW: ………………………………………………………………………………………………. 27

3.5 PRIMARY RESEARCH: …………………………………………………………………………………………………………………………….. 28

3.5.1 PRIMARY RESEARCH DATA FLOW: ………………………………………………………………………………………………….. 29

3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED ………………………………………………………………. 30

3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE …………………………………………………………………………………….. 30

3.6 APPROACHES FOR MARKET SIZE ESTIMATION: ………………………………………………………………………………. 31

3.6.1 REVENUE ANALYSIS APPROACH ……………………………………………………………………………………………………… 31

3.7 DATA FORECASTING………………………………………………………………………………………………………………………………. 32

3.7.1 DATA FORECASTING TYPE ……………………………………………………………………………………………………………… 32

3.8 DATA MODELING …………………………………………………………………………………………………………………………………….. 33

3.8.1 MICROECONOMIC FACTOR ANALYSIS: ……………………………………………………………………………………………… 33

3.8.2 DATA MODELING: …………………………………………………………………………………………………………………………. 34

3.9 TEAMS AND ANALYST CONTRIBUTION …………………………………………………………………………………………….. 36

4 MARKET DYNAMICS …………………………………………………………………………………………………….. 38

4.1 INTRODUCTION ……………………………………………………………………………………………………………………………………….. 38

4.2 DRIVERS ……………………………………………………………………………………………………………………………………………………. 39

4.2.1 INCREASING DEMAND FOR ELECTRIC VEHICLES (EVS) ………………………………………………………………………… 39

4.2.2 REGULATORY PRESSURE FOR EMISSION CONTROL ……………………………………………………………………………… 39

4.2.3 ADVANCEMENTS IN THERMAL MANAGEMENT TECHNOLOGIES …………………………………………………………….. 39

4.2.4 RISING CONSUMER FOCUS ON FUEL EFFICIENCY ………………………………………………………………………………… 40

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4.2.5 GROWTH IN THE AUTOMOTIVE SECTOR IN EMERGING MARKETS …………………………………………………………… 40

4.3 RESTRAINTS ……………………………………………………………………………………………………………………………………………. 41

4.3.1 HIGH INITIAL COSTS OF ADVANCED THERMAL COMPONENTS………………………………………………………………. 41

4.3.2 COMPLEXITY IN INTEGRATION WITH EXISTING SYSTEMS …………………………………………………………………….. 42

4.3.3 LIMITED AWARENESS OF THERMAL MANAGEMENT BENEFITS ………………………………………………………………. 42

4.3.4 FLUCTUATIONS IN RAW MATERIAL PRICES ……………………………………………………………………………………….. 43

4.3.5 COMPETITION FROM ALTERNATIVE TECHNOLOGIES …………………………………………………………………………… 43

4.4 OPPORTUNITY …………………………………………………………………………………………………………………………………………. 44

4.4.1 INTEGRATION OF SMART TECHNOLOGIES IN THERMAL SYSTEMS …………………………………………………………. 44

4.4.2 EXPANSION OF CHARGING INFRASTRUCTURE FOR EVS ……………………………………………………………………….. 44

4.4.3 INCREASED INVESTMENT IN AUTONOMOUS VEHICLES………………………………………………………………………… 45

4.4.4 DEVELOPMENT OF SUSTAINABLE AND RECYCLABLE MATERIALS ………………………………………………………….. 45

4.4.5 GROWING INTEREST IN VEHICLE-TO-GRID (V2G) TECHNOLOGIES …………………………………………………………… 45

4.5 MARKET AND TECHNOLOGY TRENDS ………………………………………………………………………………………………… 46

4.5.1 EXPANSION OF THERMAL MANAGEMENT FOR INTERIOR COMFORT ………………………………………………………. 46

4.5.2 INTEGRATION OF IOT AND AI ………………………………………………………………………………………………………….. 47

4.5.3 LIGHTWEIGHT MATERIALS AND DESIGNS …………………………………………………………………………………………. 47

4.6 IMPACT ANALYSIS OF COVID-19 ………………………………………………………………………………………………………….. 47

4.6.1 IMPACT ON OVERALL AUTOMOTIVE ………………………………………………………………………………………………… 47

4.6.2 IMPACT ON GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET ……………………………………… 47

4.6.3 IMPACT ON SUPPLY CHAIN OF AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET ……………………….. 48

4.6.4 IMPACT ON MARKET DEMAND OF AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET ……………………. 48

4.6.5 IMPACT ON THE PRICING OF AUTOMOTIVE THERMAL SYSTEMS COMPONENTSMARKET …………………………… 48

5 MARKET FACTOR ANALYSIS ………………………………………………………………………………………… 49

5.1 SUPPLY CHAIN ………………………………………………………………………………………………………………………………………… 49

5.2 PORTER’S FIVE FORCES MODEL …………………………………………………………………………………………………………… 50

5.2.1 THREAT OF NEW ENTRANTS …………………………………………………………………………………………………………… 51

5.2.2 BARGAINING POWER OF SUPPLIERS ………………………………………………………………………………………………… 51

5.2.3 THREAT OF SUBSTITUTES ……………………………………………………………………………………………………………… 51

5.2.4 BARGAINING POWER OF BUYERS …………………………………………………………………………………………………….. 51

5.2.5 INTENSITY OF RIVALRY …………………………………………………………………………………………………………………. 51

5.3 REGULATORY LANDSCAPE/STANDARDS …………………………………………………………………………………………… 52

5.4 MARKET SWOT ANALYSIS …………………………………………………………………………………………………………………… 54

5.5 MARKET PESTEL ANALYSIS ………………………………………………………………………………………………………………… 55

6 GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT …. 57

6.1 OVERVIEW ……………………………………………………………………………………………………………………………………………….. 57

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6.2 COOLING COMPRESSOR ………………………………………………………………………………………………………………………….. 57

6.3 REFRIGERANT PIPE ………………………………………………………………………………………………………………………………… 58

6.4 CONDENSER …………………………………………………………………………………………………………………………………………….. 58

6.5 WATER PUMP …………………………………………………………………………………………………………………………………………. 58

6.6 OIL COOLER ………………………………………………………………………………………………………………………………………………. 58

6.7 HVAC SYSTEMS ………………………………………………………………………………………………………………………………………. 58

6.8 BATTERY THERMAL MANAGEMENT SYSTEMS (BTMS) ………………………………………………………………… 59

6.9 HEAT EXCHANGERS ………………………………………………………………………………………………………………………………. 59

6.10 OTHERS …………………………………………………………………………………………………………………………………………………….. 59

7 GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE . 61

7.1 OVERVIEW ……………………………………………………………………………………………………………………………………………….. 61

7.2 PASSENGER VEHICLES ………………………………………………………………………………………………………………………….. 61

7.3 COMMERCIAL VEHICLES……………………………………………………………………………………………………………………….. 62

8 GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE

63

8.1 OVERVIEW ……………………………………………………………………………………………………………………………………………….. 63

8.2 ICE ……………………………………………………………………………………………………………………………………………………………… 63

8.3 ELECTRIC………………………………………………………………………………………………………………………………………………….. 64

8.4 HYBRID ……………………………………………………………………………………………………………………………………………………… 64

9 GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY REGION …………. 66

9.1 OVERVIEW ……………………………………………………………………………………………………………………………………………….. 66

9.2 NORTH AMERICA ……………………………………………………………………………………………………………………………………. 67

9.2.1 US……………………………………………………………………………………………………………………………………………… 71

9.2.2 CANADA …………………………………………………………………………………………………………………………………….. 72

9.3 EUROPE …………………………………………………………………………………………………………………………………………………….. 74

9.3.1 GERMANY …………………………………………………………………………………………………………………………………… 78

9.3.2 UK …………………………………………………………………………………………………………………………………………….. 79

9.3.3 FRANCE ……………………………………………………………………………………………………………………………………… 81

9.3.4 RUSSIA ………………………………………………………………………………………………………………………………………. 82

9.3.5 ITLAY …………………………………………………………………………………………………………………………………………. 84

9.3.6 SPAIN ………………………………………………………………………………………………………………………………………… 85

9.3.7 REST OF EUROPE ………………………………………………………………………………………………………………………….. 87

9.4 ASIA-PACIFIC …………………………………………………………………………………………………………………………………………… 89

9.4.1 CHINA ………………………………………………………………………………………………………………………………………… 93

9.4.2 INDIA …………………………………………………………………………………………………………………………………………. 94

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9.4.3 JAPAN ……………………………………………………………………………………………………………………………………….. 96

9.4.4 SOUTH KOREA ……………………………………………………………………………………………………………………………… 97

9.4.5 MALAYSIA ………………………………………………………………………………………………………………………………….. 99

9.4.6 THAILAND …………………………………………………………………………………………………………………………………… 100

9.4.7 INDONESIA ………………………………………………………………………………………………………………………………….. 102

9.4.8 REST OF ASIA-PACIFIC ………………………………………………………………………………………………………………….. 103

9.5 SOUTH AMERICA ……………………………………………………………………………………………………………………………………. 105

9.5.1 BRAZIL ……………………………………………………………………………………………………………………………………….. 108

9.5.2 MEXICO ……………………………………………………………………………………………………………………………………… 110

9.5.3 ARGENTINA ………………………………………………………………………………………………………………………………… 111

9.5.4 REST OF SOUTH AMERICA ……………………………………………………………………………………………………………… 113

9.6 MIDDLE EAST & AFRICA ………………………………………………………………………………………………………………………… 115

9.6.1 GCC COUNTRIES…………………………………………………………………………………………………………………………… 118

9.6.2 SOUTH AFRICA …………………………………………………………………………………………………………………………….. 120

9.6.3 REST OF MIDDLE EAST & AFRICA …………………………………………………………………………………………………….. 121

10 COMPETITIVE LANDSCAPE ………………………………………………………………………………………….. 124

10.1 INTRODUCTION ……………………………………………………………………………………………………………………………………….. 124

10.2 COMPETITOR DASHBOARD……………………………………………………………………………………………………………………. 125

10.3 COMPANY MARKET SHARE ANALYSIS, 2023 (VALUE) ……………………………………………………………………. 126

10.4 RECENT DEVELOPMENTS……………………………………………………………………………………………………………………… 126

10.4.1 PRODUCT DEVELOPMENT ………………………………………………………………………………………………………………. 126

10.4.2 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS …………………………………………………………… 127

10.4.3 MERGER AND ACQUSITION …………………………………………………………………………………………………………….. 127

11 COMPANY PROFILES …………………………………………………………………………………………………… 128

11.1 MAHLE GMBH …………………………………………………………………………………………………………………………………………. 128

11.1.1 COMPANY OVERVIEW ……………………………………………………………………………………………………………………. 128

11.1.2 FINANCIAL OVERVIEW …………………………………………………………………………………………………………………… 129

11.1.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ……………………………………………………………………………………… 129

11.1.4 KEY DEVELOPMENTS …………………………………………………………………………………………………………………….. 130

11.1.5 SWOT ANALYSIS ………………………………………………………………………………………………………………………….. 131

11.1.6 KEY STRATEGIES ………………………………………………………………………………………………………………………….. 131

11.2 BORGWARNER …………………………………………………………………………………………………………………………………………. 132

11.2.1 COMPANY OVERVIEW ……………………………………………………………………………………………………………………. 132

11.2.2 FINANCIAL OVERVIEW …………………………………………………………………………………………………………………… 132

11.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ……………………………………………………………………………………… 133

11.2.4 KEY DEVELOPMENTS …………………………………………………………………………………………………………………….. 135

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11.2.5 SWOT ANALYSIS ………………………………………………………………………………………………………………………….. 135

11.2.6 KEY STRATEGIES ………………………………………………………………………………………………………………………….. 135

11.3 VALEO SA …………………………………………………………………………………………………………………………………………………. 136

11.3.1 COMPANY OVERVIEW ……………………………………………………………………………………………………………………. 136

11.3.2 FINANCIAL OVERVIEW …………………………………………………………………………………………………………………… 136

11.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ……………………………………………………………………………………… 137

11.3.4 KEY DEVELOPMENTS …………………………………………………………………………………………………………………….. 138

11.3.5 SWOT ANALYSIS ………………………………………………………………………………………………………………………….. 138

11.3.6 KEY STRATEGIES ………………………………………………………………………………………………………………………….. 139

11.4 DENSO CORPORATION ……………………………………………………………………………………………………………………………. 140

11.4.1 COMPANY OVERVIEW ……………………………………………………………………………………………………………………. 140

11.4.2 FINANCIAL OVERVIEW …………………………………………………………………………………………………………………… 140

11.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ……………………………………………………………………………………… 141

11.4.4 KEY DEVELOPMENTS …………………………………………………………………………………………………………………….. 142

11.4.5 SWOT ANALYSIS ………………………………………………………………………………………………………………………….. 142

11.4.6 KEY STRATEGIES ………………………………………………………………………………………………………………………….. 143

11.5 HANON SYSTEMS …………………………………………………………………………………………………………………………………… 144

11.5.1 COMPANY OVERVIEW ……………………………………………………………………………………………………………………. 144

11.5.2 FINANCIAL OVERVIEW …………………………………………………………………………………………………………………… 145

11.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ……………………………………………………………………………………… 145

11.5.4 KEY DEVELOPMENTS …………………………………………………………………………………………………………………….. 146

11.5.5 SWOT ANALYSIS ………………………………………………………………………………………………………………………….. 147

11.5.6 KEY STRATEGIES ………………………………………………………………………………………………………………………….. 147

11.6 ZHEJIANG SANHUA INTELLIGENT CONTROL CO., LTD. …………………………………………………………………… 148

11.6.1 COMPANY OVERVIEW ……………………………………………………………………………………………………………………. 148

11.6.2 FINANCIAL OVERVIEW …………………………………………………………………………………………………………………… 148

11.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ……………………………………………………………………………………… 149

11.6.4 KEY DEVELOPMENTS …………………………………………………………………………………………………………………….. 149

11.6.5 SWOT ANALYSIS ………………………………………………………………………………………………………………………….. 150

11.6.6 KEY STRATEGIES ………………………………………………………………………………………………………………………….. 150

11.7 ZHEJIANG YINLUN MACHINERY CO., LTD ………………………………………………………………………………………….. 151

11.7.1 COMPANY OVERVIEW ……………………………………………………………………………………………………………………. 151

11.7.2 FINANCIAL OVERVIEW …………………………………………………………………………………………………………………… 151

11.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ……………………………………………………………………………………… 151

11.7.4 KEY DEVELOPMENTS …………………………………………………………………………………………………………………….. 152

11.7.5 SWOT ANALYSIS ………………………………………………………………………………………………………………………….. 152

11.7.6 KEY STRATEGIES ………………………………………………………………………………………………………………………….. 153

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11.8 ROBERT BOSCH GMBH ……………………………………………………………………………………………………………………………. 154

11.8.1 COMPANY OVERVIEW ……………………………………………………………………………………………………………………. 154

11.8.2 FINANCIAL OVERVIEW …………………………………………………………………………………………………………………… 154

11.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ……………………………………………………………………………………… 155

11.8.4 KEY DEVELOPMENTS …………………………………………………………………………………………………………………….. 156

11.8.5 SWOT ANALYSIS ………………………………………………………………………………………………………………………….. 156

11.8.6 KEY STRATEGIES ………………………………………………………………………………………………………………………….. 156

11.9 MARELLI CORPORATION ……………………………………………………………………………………………………………………….. 157

11.9.1 COMPANY OVERVIEW ……………………………………………………………………………………………………………………. 157

11.9.2 FINANCIAL OVERVIEW …………………………………………………………………………………………………………………… 157

11.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ……………………………………………………………………………………… 157

11.9.4 KEY DEVELOPMENTS …………………………………………………………………………………………………………………….. 158

11.9.5 SWOT ANALYSIS ………………………………………………………………………………………………………………………….. 158

11.9.6 KEY STRATEGIES ………………………………………………………………………………………………………………………….. 158

11.10 MODINE MANUFACTURING COMPANY ……………………………………………………………………………………………… 159

11.10.1 COMPANY OVERVIEW ……………………………………………………………………………………………………………………. 159

11.10.2 FINANCIAL OVERVIEW …………………………………………………………………………………………………………………… 159

11.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ……………………………………………………………………………………… 160

11.10.4 KEY DEVELOPMENTS …………………………………………………………………………………………………………………….. 161

11.10.5 SWOT ANALYSIS ………………………………………………………………………………………………………………………….. 161

11.10.6 KEY STRATEGIES ………………………………………………………………………………………………………………………….. 161

LIST OF TABLES

TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT 34

TABLE 2 GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 60

TABLE 3 GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 62

TABLE 4 GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 64

TABLE 5 GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY REGION, 2019–2035 (USD MILLION) 67

TABLE 6 NORTH AMERICA: AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COUNTRY, 2019-2035 (USD MILLION) 69

TABLE 7 NORTH AMERICA: AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 70

TABLE 8 NORTH AMERICA: AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 70

TABLE 9 NORTH AMERICA: AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION)

70

TABLE 10 US AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 71

TABLE 11 US AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 71

TABLE 12 US AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 72

TABLE 13 CANADA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 72

TABLE 14 CANADA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 73

TABLE 15 CANADA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 73

TABLE 16 EUROPE: AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET , BY COUNTRY, 2019-2035 (USD MILLION) 76

TABLE 17 EUROPE: AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 76

TABLE 18 EUROPE: AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 77

TABLE 19 EUROPE: AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 77

TABLE 20 GERMANY AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 78

TABLE 21 GERMANY AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 78

TABLE 22 GERMANY AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 79

TABLE 23 UK AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 79

TABLE 24 UK AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 80

TABLE 25 UK AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 80

TABLE 26 FRANCE AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 81

TABLE 27 FRANCE AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 81

TABLE 28 FRANCE AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 82

TABLE 29 RUSSIA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 82

TABLE 30 RUSSIA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 83

TABLE 31 RUSSIA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 83

TABLE 32 ITALY AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 84

TABLE 33 ITALY AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 84

TABLE 34 ITALY AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 85

TABLE 35 SPAIN AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 85

TABLE 36 SPAIN AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 86

TABLE 37 SPAIN AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 86

TABLE 38 REST OF EUROPE AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 87

TABLE 39 REST OF EUROPE AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 87

TABLE 40 REST OF EUROPE AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION)

88

TABLE 41 ASIA-PACIFIC: AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COUNTRY, 2019-2035 (USD MILLION) 91

TABLE 42 ASIA PACIFIC: AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 91

TABLE 43 ASIA PACIFIC: AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 92

TABLE 44 ASIA PACIFIC: AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 92

TABLE 45 CHINA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 93

TABLE 46 CHINA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 93

TABLE 47 CHINA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 94

TABLE 48 INDIA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 94

TABLE 49 INDIA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 95

TABLE 50 INDIA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 95

TABLE 51 JAPAN AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 96

TABLE 52 JAPAN AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 96

TABLE 53 JAPAN AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 97

TABLE 54 SOUTH KOREA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 97

TABLE 55 SOUTH KOREA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 98

TABLE 56 SOUTH KOREA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 98

TABLE 57 MALAYSIA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 99

TABLE 58 MALAYSIA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 99

TABLE 59 MALAYSIA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 100

TABLE 60 THAILAND AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 100

TABLE 61 THAILAND AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 101

TABLE 62 THAILAND AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 101

TABLE 63 INDONESIA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 102

TABLE 64 INDONESIA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 102

TABLE 65 INDONESIA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 103

TABLE 66 REST OF ASIA PACIFIC AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION)

103

TABLE 67 REST OF ASIA PACIFIC AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION)

104

TABLE 68 REST OF ASIA PACIFIC AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD

MILLION) 104

TABLE 69 SOUTH AMERICA: AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COUNTRY, 2019-2035 (USD MILLION) 107

TABLE 70 SOUTH AMERICA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 107

TABLE 71 SOUTH AMERICA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 107

TABLE 72 SOUTH AMERICA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION)

108

TABLE 73 BRAZIL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 108

TABLE 74 BRAZIL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 109

TABLE 75 BRAZIL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 109

TABLE 76 MEXICO AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 110

TABLE 77 MEXICO AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 110

TABLE 78 MEXICO AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 111

TABLE 79 ARGENTINA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 111

TABLE 80 ARGENTINA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 112

TABLE 81 ARGENTINA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 112

TABLE 82 REST OF SOUTH AMERICA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION)

113

TABLE 83 REST OF SOUTH AMERICA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION)

113

TABLE 84 REST OF SOUTH AMERICA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD

MILLION) 114

TABLE 85 MIDDLE EAST & AFRICA: AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COUNTRY, 2019-2035 (USD MILLION) 117

TABLE 86 MIDDLE EAST & AFRICA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION)

117

TABLE 87 MIDDLE EAST & AFIRCA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION)

117

TABLE 88 MIDDLE EAST & AFRICA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD

MILLION) 118

TABLE 89 GCC COUNTRIES AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 118

TABLE 90 GCC COUNTRIES AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 119

TABLE 91 GCC COUNTRIES AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION)

119

TABLE 92 SOUTH AFRICA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD MILLION) 120

TABLE 93 SOUTH AFRICA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD MILLION) 120

TABLE 94 SOUTH AFRICA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035 (USD MILLION) 121

TABLE 95 REST OF MIDDLE EAST & AFRICA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2019–2035 (USD

MILLION) 121

TABLE 96 REST OF MIDDLE EAST & AFRICA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2019–2035 (USD

MILLION) 122

TABLE 97 REST OF MIDDLE EAST & AFRICA AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPE, 2019–2035

(USD MILLION) 122

TABLE 98 PRODUCT DEVELOPMENT 126

TABLE 99 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS 127

TABLE 100 MERGER AND ACQUSITION 127

TABLE 101 MAHLE GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 129

TABLE 102 MAHLE GMBH: KEY DEVELOPMENTS 130

TABLE 103 BORGWARNER: PRODUCTS/SOLUTIONS/SERVICES OFFERED 133

TABLE 104 BORGWARNER: KEY DEVELOPMENTS 135

TABLE 105 VALEO SA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 137

TABLE 106 VALEO SA: KEY DEVELOPMENTS 138

TABLE 107 DENSO CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 141

TABLE 108 DENSO CORPORATION: KEY DEVELOPMENTS 142

TABLE 109 HANON SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 145

TABLE 110 HANON SYSTEMS: KEY DEVELOPMENTS 146

TABLE 111 ZHEJIANG SANHUA INTELLIGENT CONTROL CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 149

TABLE 112 ZHEJIANG YINLUN MACHINERY CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 151

TABLE 113 ROBERT BOSCH GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 155

TABLE 114 MARELLI CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 157

TABLE 115 MODINE MANUFACTURING COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 160

LIST OF FIGURES

FIGURE 1 GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET: STRUCTURE 21

FIGURE 3 DRIVER IMPACT ANALYSIS (2024-2035) 41

FIGURE 4 RESTRAINT IMPACT ANALYSIS (2024-2035) 43

FIGURE 5 OPPORTUNITY IMPACT FORECAST 46

FIGURE 6 GLOBAL AUTOMOTIVE THERMAL SYSTEM COMPONENTS MARKET: SUPPLY CHAIN 49

FIGURE 7 PORTER’S FIVE FORCES ANALYSIS OF THE GLOBAL AUTOMOTIVE THERMAL SYSTEM COMPONENTS MARKET 50

FIGURE 8 MARKET SWOT ANALYSIS OF THE GLOBAL AUTOMOTIVE THERMAL SYSTEM COMPONENTS MARKET 54

FIGURE 9 MARKET PESTEL ANALYSIS OF THE GLOBAL AUTOMOTIVE THERMAL SYSTEM COMPONENTS MARKET 55

FIGURE 10 GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY COMPONENT, 2024 & 2035 (USD MILLION) 57

FIGURE 11 GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET SHARE (%), BY COMPONENT, 2024 60

FIGURE 12 GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY VEHICLE TYPE, 2024 & 2035 (USD MILLION) 61

FIGURE 13 GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET SHARE (%), BY VEHICLE TYPE, 2024 62

FIGURE 14 GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY PROPULSION TYPR, 2024 & 2035 (USD MILLION) 63

FIGURE 15 GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET SHARE (%), BY TRAINING SECTOR, 2024 65

FIGURE 16 GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY REGION, 2024 (% SHARE) 66

FIGURE 17 GLOBAL AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, BY REGION, 2023 VS 2035(USD MILLION) 66

FIGURE 18 NORTH AMERICA MARKET ANALYSIS: AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, 2019-2035 68

FIGURE 19 NORTH AMERICA:  AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET SHARE, BY COUNTRY, 2024 (% SHARE) 68

FIGURE 20 NORTH AMERICA:  AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET SHARE, BY COUNTRY, 2024 & 2035(USD MILLION)

69

FIGURE 21 EUROPE MARKET ANALYSIS: AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET, 2019-2035 74

FIGURE 22 EUROPE:  AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET SHARE, BY COUNTRY, 2024 (% SHARE) 75

FIGURE 23 EUROPE:  AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET SHARE, BY COUNTRY, 2024 & 2035(USD MILLION) 75

FIGURE 24 ASIA-PACIFIC MARKET ANALYSIS: THERMAL SYSTEMS COMPONENTS MARKET, 2019-2035 89

FIGURE 25 ASIA-PACIFIC:  AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET SHARE, BY COUNTRY, 2024 (% SHARE) 90

FIGURE 26 ASIA-PACIFIC:  AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET SHARE, BY COUNTRY, 2024 & 2035(USD MILLION) 90

FIGURE 27 SOUTH AMERICA MARKET ANALYSIS: THERMAL SYSTEMS COMPONENTS MARKET, 2019-2035 105

FIGURE 28 SOUTH AMERICA:  AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET SHARE, BY COUNTRY, 2024 (% SHARE) 106

FIGURE 29 SOUTH AMERICA:  AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET SHARE, BY COUNTRY, 2024 & 2035(USD MILLION)

106

FIGURE 30 MIDDLE EAST & AFRICA MARKET ANALYSIS: THERMAL SYSTEMS COMPONENTS MARKET, 2019-2035 115

FIGURE 31 MIDDLE EAST & AFRICA:  AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET SHARE, BY COUNTRY, 2024 (% SHARE) 116

FIGURE 32 MIDDLE EAST & AFRICA:  AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET SHARE, BY COUNTRY, 2024 & 2035(USD

MILLION) 116

FIGURE 33 COMPETITOR DASHBOARD: AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET 125

FIGURE 34 AUTOMOTIVE THERMAL SYSTEMS COMPONENTS MARKET PLAYERS: COMPETITIVE ANALSIS, 2023 (USD MILLION) (% SHARE) 126

FIGURE 35 MAHLE GMBH: FINANCIAL OVERVIEW SNAPSHOT 129

FIGURE 36 MAHLE GMBH: SWOT ANALYSIS 131

FIGURE 37 BORGWARNER: FINANCIAL OVERVIEW SNAPSHOT 132

FIGURE 38 BORGWARNER: SWOT ANALYSIS 135

FIGURE 39 VALEO SA: FINANCIAL OVERVIEW SNAPSHOT 136

FIGURE 40 VALEO SA: SWOT ANALYSIS 138

FIGURE 41 DENSO CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 140

FIGURE 42 DENSO CORPORATION: SWOT ANALYSIS 142

FIGURE 43 HANON SYSTEMS: FINANCIAL OVERVIEW SNAPSHOT 145

FIGURE 44 HANON SYSTEMS: SWOT ANALYSIS 147

FIGURE 45 ZHEJIANG SANHUA INTELLIGENT CONTROL CO., LTD.: FINANCIAL OVERVIEW SNAPSHOT 148

FIGURE 46 ZHEJIANG SANHUA INTELLIGENT CONTROL CO., LTD.: SWOT ANALYSIS 150

FIGURE 47 ZHEJIANG YINLUN MACHINERY CO., LTD: SWOT ANALYSIS 152

FIGURE 48 ROBERT BOSCH GMBH: FINANCIAL OVERVIEW SNAPSHOT 154

FIGURE 49 ROBERT BOSCH GMBH: SWOT ANALYSIS 156

FIGURE 50 MARELLI CORPORATION: SWOT ANALYSIS 158

FIGURE 51 MODINE MANUFACTURING COMPANY: FINANCIAL OVERVIEW SNAPSHOT 159

FIGURE 52 MODINE MANUFACTURING COMPANY: SWOT ANALYSIS 161