Market Overview:
The global automobile thermostat market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars, light commercial vehicles, and heavy commercial vehicles across the globe. Additionally, factors such as technological advancements and rising awareness about energy-efficient automotive components are also contributing to the growth of this market. The global automobile thermostat market is segmented on the basis of type into folding, wax type, and bimetallic thermocouple. The folding type segment is expected to hold a major share of the global automobile thermostat market during the forecast period owing to its low manufacturing cost and easy installation process. However, with technological advancements in this field, new types of thermostats such as wax types are gaining popularity among consumers due their high efficiency levels compared with traditional folding types. On basis application ,the Passenger Cars segment accounts for majority share in Global Automobile Thermostats Market followed by Light Commercial Vehicles & Heavy Commercial Vehicles segments respectively .Asia Pacific region dominates Global Automobile Thermostats Market both in terms value & volume contribution while North America holds second place . Some key players operating in this industry include Robert Bosch GmbH (Germany), Denso Corporation (Japan), Honeywell International Inc.(U S ), Johnson Controls Inc.
Product Definition:
The thermostat is a device used to regulate the temperature of an engine or other heat-producing machinery.
Folding:
Folding cartons are primarily made from paperboard and folding metal sheets. The primary function of folding is to make the box, which can be used for storage or transportation of goods. It has a huge demand in the packaging industry as it is easy to manufacture, transport and handle as compared to rigid boxes.
Wax Type:
Wax type is a material that is used for making thermostats. It helps in maintaining the temperature of an automobile engine between 0? and 100?. The most commonly used wax types are paraffin, microcrystalline wax, and polyethylene wax.
The usage of different types of waxes helps to achieve different results in terms of thermal resistance, flexibility towards plasticizers & lubricants as well as water resistance properties.
Application Insights:
Passenger cars application segment led the global automobile thermostat market in 2017, accounting for over 60.0% share of the overall revenue. The rising number of middle-class population across the globe is expected to drive demand for passenger cars, thereby supporting market growth during the forecast period. In addition, increasing disposable income allows consumers to spend more on vehicles and associated equipment such as air conditioners and heaters which further propels industry growth.
The light commercial vehicle (LCV) segment is anticipated to witness significant growth over the forecast period owing to increased production of LCVs in developing countries such as India and China on account of their low cost structure coupled with high productivity levels resulting in a lower price per unit weight compared to heavy commercial vehicles (HCV).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This can be attributed to increasing demand for passenger cars and light commercial vehicles in countries, such as Canada and Mexico. Moreover, stringent government regulations regarding vehicular emissions are anticipated to drive the regional market growth over the coming years.
Asia Pacific is projected to register significant growth during the forecast period owing to rapid urbanization across emerging economies, such as India and China.
Growth Factors:
- Increasing demand for automobiles due to rising population and income levels in developing countries
- Technological advancements in automobile thermostats that improve performance and efficiency
- Stringent government regulations on fuel emissions driving the demand for more efficient automotive thermostats
- Growing popularity of electric and hybrid vehicles that require specific types of thermostats for their operation
- Increasing consumer awareness about the benefits of using automotive thermostats to improve fuel economy
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Thermostat Market Research Report
By Type
Folding, Wax Type, Bimetallic Thermocouple
By Application
Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
By Companies
Mahle, Stant, Borgwarner, Hella, Kirpart, Vernet, TAMA, Nippon Thermostat, Gates, BG Automotive, Fishman TT, Magal, Rayonier Advanced Materials
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Thermostat Market Report Segments:
The global Automobile Thermostat market is segmented on the basis of:
Types
Folding, Wax Type, Bimetallic Thermocouple
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mahle
- Stant
- Borgwarner
- Hella
- Kirpart
- Vernet
- TAMA
- Nippon Thermostat
- Gates
- BG Automotive
- Fishman TT
- Magal
- Rayonier Advanced Materials
Highlights of The Automobile Thermostat Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Folding
- Wax Type
- Bimetallic Thermocouple
- By Application:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automobile Thermostat Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automobile thermostat is a device that regulates the temperature of an automobile.
Some of the key players operating in the automobile thermostat market are Mahle, Stant, Borgwarner, Hella, Kirpart, Vernet, TAMA, Nippon Thermostat, Gates, BG Automotive, Fishman TT, Magal, Rayonier Advanced Materials.
The automobile thermostat market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automobile Thermostat Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automobile Thermostat Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automobile Thermostat Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automobile Thermostat Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automobile Thermostat Market Size & Forecast, 2018-2028
4.5.1 Automobile Thermostat Market Size and Y-o-Y Growth
4.5.2 Automobile Thermostat Market Absolute $ Opportunity
Chapter 5 Global Automobile Thermostat Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automobile Thermostat Market Size Forecast by Type
5.2.1 Folding
5.2.2 Wax Type
5.2.3 Bimetallic Thermocouple
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automobile Thermostat Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automobile Thermostat Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Light Commercial Vehicles
6.2.3 Heavy Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automobile Thermostat Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automobile Thermostat Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automobile Thermostat Analysis and Forecast
9.1 Introduction
9.2 North America Automobile Thermostat Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automobile Thermostat Market Size Forecast by Type
9.6.1 Folding
9.6.2 Wax Type
9.6.3 Bimetallic Thermocouple
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automobile Thermostat Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Light Commercial Vehicles
9.10.3 Heavy Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automobile Thermostat Analysis and Forecast
10.1 Introduction
10.2 Europe Automobile Thermostat Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automobile Thermostat Market Size Forecast by Type
10.6.1 Folding
10.6.2 Wax Type
10.6.3 Bimetallic Thermocouple
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automobile Thermostat Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Light Commercial Vehicles
10.10.3 Heavy Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automobile Thermostat Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automobile Thermostat Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automobile Thermostat Market Size Forecast by Type
11.6.1 Folding
11.6.2 Wax Type
11.6.3 Bimetallic Thermocouple
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automobile Thermostat Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Light Commercial Vehicles
11.10.3 Heavy Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automobile Thermostat Analysis and Forecast
12.1 Introduction
12.2 Latin America Automobile Thermostat Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automobile Thermostat Market Size Forecast by Type
12.6.1 Folding
12.6.2 Wax Type
12.6.3 Bimetallic Thermocouple
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automobile Thermostat Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Light Commercial Vehicles
12.10.3 Heavy Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automobile Thermostat Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automobile Thermostat Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automobile Thermostat Market Size Forecast by Type
13.6.1 Folding
13.6.2 Wax Type
13.6.3 Bimetallic Thermocouple
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automobile Thermostat Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Light Commercial Vehicles
13.10.3 Heavy Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automobile Thermostat Market: Competitive Dashboard
14.2 Global Automobile Thermostat Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mahle
14.3.2 Stant
14.3.3 Borgwarner
14.3.4 Hella
14.3.5 Kirpart
14.3.6 Vernet
14.3.7 TAMA
14.3.8 Nippon Thermostat
14.3.9 Gates
14.3.10 BG Automotive
14.3.11 Fishman TT
14.3.12 Magal
14.3.13 Rayonier Advanced Materials
