Thermal Systems Market to Reach $41.7 Billion by 2027
Published by MarketsandMarkets, the global Thermal Systems market is projected to grow at a CAGR of 2.1% during the forecast period, from an estimated USD 37.6 billion in 2022 to USD 41.7 billion by 2027.
Growing stringency of emission regulations for on-highway & off-highway vehicles and rising demand for cabin comfort applications will drive the thermal system market in coming years.
The...
Thermal Systems Market Growth, Trends and Forecast to 2027
The thermal systems market is projected to reach USD 41.7 billion by 2027 from USD 37.6 billion in 2022, at a CAGR of 2.1%. Stringent emission norms and rising demand for in-vehicle comfort applications will drive the automotive thermal system market
Rise in global vehicle production as well as vehicle parc, controlling GHG emissions from vehicles has become major challenge. To overcome this, regulatory...