DUBLIN—The "Global Automotive Thermostat Market 2017-2021" report has been added to Research and Markets' offering.

The analysts forecast the global automotive thermostat market to grow at a CAGR of 3.81% during the period 2017-2021.

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.

The latest trend gaining momentum in the market is development of electronic thermostats. Automotive engines are highly effective while operating within favorable temperatures. Engine temperature should be maintained around 212 degrees Fahrenheit to prevent overheating.

Conventional thermostats operate using a temperature sensing elements, such as aluminum and wax mixture. Increasing engine temperature causes the wax mixture to melt, thereby allowing the thermostat valves to open and allow the coolant into the engine.

One of the major drivers for this market is rising demand for passenger vehicles. The increase in the sales of passenger cars will increase the demand for automotive thermostats.

Emerging countries, namely China and India, have a lesser penetration of automobiles as compared with the developed economies of North America and Europe. Therefore, car OEMs are concentrating on effectively penetrating the passenger car market in emerging countries.

Key vendors

  • MAHLE
  • BorgWarner
  • HELLA

Other prominent vendors

  • ACDelco
  • Dongguan Yaxun Electronic Hardware Product
  • Fishman Thermo Technologies
  • Gates Corporation
  • Kirpart
  • Magal Group
  • Nippon Thermostat
  • Stant
  • TAMA
  • Vernet

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by application

Part 07: Geographical segmentation

Part 08: Key leading countries

Part 09: Decision framework

Part 10: Drivers and challenges

Part 11: Market trends

Part 12: Vendor landscape

Part 14: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/996v2b/global_automotive

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Related Topics: Automotive Climate Control Systems