Home Automation & Process Control Automotive Thermal Management Market Size, Trends, Share & Growth Forecast 2033

Automotive Thermal Management Market Size & Outlook, 2025-2033

Automotive Thermal Management Market Size, Share & Trends Analysis Report By Application (Engine Cooling, Cabin Thermal Management, Transmission Thermal Management, Waste Heat Recovery/Exhaust Gas Recirculation Thermal Management, Battery Thermal Management, Motor and Power Electronics Thermal Management), By Vehicle Type (Passenger Car, Commercial Vehicle) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2025-2033

Report Code: SRAP2374DR
Last Updated : Jun, 2025
Pages : 110
Author : Abhijeet Patil
Format : PDF, Excel

Research Methodology – Automotive Thermal Management Market

At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Automotive Thermal Management Market comprises the following key stages:


Market Indicator & Macro-Factor Analysis

Our baseline thesis for the Automotive Thermal Management Market is developed by integrating key market indicators and macroeconomic variables. These include:

1 Factors considered while calculating market size and share

  • Number of vehicle manufacturers globally and in specific regions
  • Supply chain network of thermal management components
  • Technology advancements in automotive thermal management
  • Government regulations and subsidies related to vehicle emissions and fuel efficiency
  • Customer preference for electric vehicles and hybrid vehicles
  • Trends in vehicle production and sales
  • Current and projected prices of thermal management components
  • Competitive landscape and market concentration
  • Levels of investment in R&D in the automotive industry

2 Key Market Indicators

  • Growth rate of automotive industry
  • Trends in electric vehicle and hybrid vehicle sales
  • Developments in automotive thermal management technologies
  • Regulations related to vehicle emissions and fuel efficiency
  • Changes in vehicle production costs and selling prices
  • Investment in R&D in the automotive thermal management sector
  • Macro-economic factors such as GDP growth, population growth, and urbanization rates

3 Growth Trends

  • Growth in the adoption of electric vehicles and hybrid vehicles
  • Increasing demand for energy-efficient and eco-friendly vehicles
  • Rapid advancement in thermal management technologies
  • Increasing government support and subsidies for clean energy vehicles
  • High demand in emerging markets such as China and India
  • Growing importance of thermal management in autonomous vehicles
  • Growth in the adoption of smart thermal management solutions enabled by IoT and AI

Secondary Research

Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Automotive Thermal Management Market. Key inputs include:

Company-Level Information
  • Annual reports, investor presentations, SEC filings
  • Company press releases and product launch announcements
  • Public executive interviews and earnings calls
  • Strategy briefings and M&A updates
Industry and Government Sources
  • Country-level industry associations and trade bodies
  • Government dossiers, policy frameworks, and official releases
  • Whitepapers, working papers, and public R&D initiatives
  • Relevant Associations for the Automotive Thermal Management Market
Market Intelligence Sources
  • Broker reports and financial analyst coverage
  • Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
  • Import/export trade data and tariff databases
  • Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
  • Global macroeconomic indicators and their cascading effect on the industry
  • Demand–supply outlook and value chain analysis
  • Consumer behaviour, adoption rates, and commercialization trends

Primary Research

To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:

Expert Insights & KOL Engagements
  • Key Opinion Leader (KOL) Engagements
  • Structured interviews with executives, product managers, and domain experts
  • Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
  • Discussions with stakeholders to validate demand-supply gaps
  • Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
  • Cross-verification of market sizing and forecasts with industry insiders
  • Capturing business perspectives on growth opportunities and restraints

Data Triangulation & Forecasting

The final step of our research involves data triangulation ensuring accuracy through cross-verification of:

  • Demand-side analysis (consumption patterns, adoption trends, customer spending)
  • Supply-side analysis (production, capacity, distribution, and market availability)
  • Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
  • Time-series analysis
  • Regression and correlation studies
  • Baseline modeling
  • Expert validation at each stage

Outcome

The outcome is a comprehensive and validated market model that captures:

  • Market sizing (historical, current, forecast)
  • Growth drivers and restraints
  • Opportunity mapping and investment hotspots
  • Competitive positioning and strategic insights

Available for purchase with detailed segment data, forecasts, and regional insights.

Get This Report

Download Free Sample

Note: Please ensure you provide an active email address as we will be sending sample details via email.
The button will be active once the above form is filled

Our Clients:

LG Electronics
AMCAD Engineering
KOBE STEEL LTD.
Hindustan National Glass & Industries Limited
Voith Group
International Paper
Hansol Paper
Whirlpool Corporation
Sony
Samsung Electronics
Qualcomm
Google
Fiserv
Veto-Pharma
Nippon Becton Dickinson
Merck
Argon Medical Devices
Abbott
Ajinomoto
Denon
Doosan
Meiji Seika Kaisha Ltd
LG Chemicals
LCY chemical group
Bayer
Airrane
BASF
Toyota Industries
Nissan Motors
Neenah
Mitsubishi
Hyundai Motor Company

We are featured on :