Automotive Thermostat Market Dynamics, Economic Impact, Status and Key Manufacture Analysis to 2021

Automotive Thermostat is a crucial component of the automotive thermal management system. Advances in vehicle engines have contributed to various new enhancements in automotive thermal management systems to cope with the increased operating temperatures. The automotive industry is increasingly driven by changing consumer needs to accommodate convergence of connectivity and electrification. Automakers are predisposed to develop energy-efficient vehicles and are focusing on increasing the efficiency of their vehicles by replacing mechanical parts with electronic parts for reducing the number of moving components and for decreasing weight.

The Global Automotive Thermostat Market to grow at a CAGR of 3.81% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive thermostat market for 2017-2021. To calculate the market size, the report considers the new installations, sales, and volume.

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The market is divided into the following segments based on geography:

• Americas

• APAC

• EMEA

Global Automotive Thermostat Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• MAHLE

• BorgWarner

•  HELLA

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Other prominent vendors

• ACDelco

• Dongguan Yaxun Electronic Hardware Product

• Fishman Thermo Technologies

• Gates Corporation

• Kirpart

• Magal Group

Market driver

• Rising demand for passenger vehicles

• For a full, detailed list, view our report

Market challenge

• Insufficient quantity of coolant

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Market trend

• Development of electronic thermostats

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Key questions answered in this report

• What will the market size be in 2021 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

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