Thermal Management System Market Dynamics: Exploiting Opportunities, Confronting Challenges
Market Research Report The Automotive Thermal Management System Market is anticipated to grow at a 4% CAGR from 2022 to 2030. The vehicle thermal management system keeps an eye on and maintains the temperature of critical car components. It regulates the temperature of several parts, such as the battery, motor, and cabin in cars, to deliver improved performance, enhanced fuel efficiency, and superior comfort. Effective thermal management enhances interior comfort while enabling automobile components to operate in the optimal temperature range via front air conditioning, seat heating, plus rear air conditioning. Key Competitors The Key Players of the Global Automotive Thermal Management System Market are Denso Corporation (Japan), Modine Manufacturing Company (US), MAHLE GmbH (Germany), Valeo (France), Gentherm (US), Hanon Systems (South Korea), DuPont (US), Continental AG (Germany), Renesas Electronics Corporation (Japan), Ymer Technology (Sweden), NORMA Group (Germany), BorgWarner