Automotive Thermostat Market Research Reports 2019-2024
Automotive Thermostat is a temperature controlled on and off valve. When the temperature rises to a predetermined temperature, the thermostat opens up to allow the engine coolant to flow through the cylinder block and the radiator. This flow is crucial to maintain optimum operating temperature for fuel efficiency, enhanced drivability, and engine protection. The coolant flow is reduced when the engine is cold, and the flow is increased when the engine is hot.
Scope of the Report:
Due to the policy promotion and fast developing automotive market, automotive thermostat market is growing higher. Demand from the downstream brings a power to the development of automotive thermostat industry. In recent years, growing China market became an important market of automotive thermostat. Many foreign manufacturers enter into China by investment and joint venture. At present, Major companies in the market are Mahle, Stant, Borgwarner, Hella, Kirnet and Temb etc.
In 2015, the global production of the automotive thermostat reached over 628124 K Units ; the gross margin is around 20% during the last five years.
At present, there are many domestic manufacturers in China. Most of the domestic companies have less technology and financial ability and they are facing the competition from the foreign companies.
As the development of new energy vehicles, more demands will come from the new energy vehicles. To feed these new demands, automotive thermostat manufacturers need to accelerate the technical upgrading. The new products should be more efficient and beneficial to the environment.
To grab more market, the domestic companies have to expand the technology, capital investment and brand influence. To meet the challenge of the domestic companies and keep their leading stage, foreign companies need to increase the technology innovation and speed up the product upgrading. In the future, China will be a market of fierce competition.
The worldwide market for Automotive Thermostat is expected to grow at a CAGR of roughly 3.8% over the next five years, will reach 3560 million US$ in 2024, from 2850 million US$ in 2019, according to a new Planet Market Reports study.
This report focuses on the Automotive Thermostat in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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MARKET SEGMENT BY MANUFACTURERS, THIS REPORT COVERS
Ningbo Xingci Thermal
Wantai Auto Electric
MARKET SEGMENT BY REGIONS, REGIONAL ANALYSIS COVERS
North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
Asia-Pacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia etc.
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa
MARKET SEGMENT BY TYPE, COVERS
Temperature sensing element
MARKET SEGMENT BY APPLICATIONS, CAN BE DIVIDED INTO
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automotive Thermostat product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Automotive Thermostat, with price, sales, revenue and global market share of Automotive Thermostat in 2017 and 2018.
Chapter 3, the Automotive Thermostat competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automotive Thermostat breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Automotive Thermostat market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Automotive Thermostat sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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Name: Jennifer Daniel
Organization: Planet Market Reports