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Download Free sampleAutomotive 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.
Automotive Thermostat Market aims to provide a comprehensive presentation of the global market for Automotive Thermostat, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Thermostat. Automotive Thermostat Market contains market size and forecasts of Automotive Thermostat in global, including the following market information:
Global Automotive Thermostat Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive Thermostat Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automotive Thermostat companies in 2022 (%)
The global Automotive Thermostat market was valued at US$ 3413 million in 2022 and is projected to reach US$ 4354.3 million by 2029, at a CAGR of 3.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Automotive Thermostat key players include Mahle, Temb, Stant, Borgwarner, etc. Global top four manufacturers hold a share over 10%.
China is the largest market, with a share about 20%, followed by China, and Europe, both have a share about 30 percent.
In terms of product, Insert Thermostat is the largest segment, with a share over 60%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.
We surveyed the Automotive Thermostat manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
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