Global Passenger Vehicle Thermostats Sales Report Thumbnail

Global Passenger Vehicle Thermostats Sales Market by Type (Insert Thermostat, Housing Thermostat), By Application (Sedan, Pickup, SUV) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: AT-64974
  • Author: Up Market Research
  • Rating: 5.0
  • Total Reviews: 86
  • No. Of Pages: 240
  • Format:
  • Pub. Date: 2021-04-04
  • Share:

The Global Passenger Vehicle Thermostats Sales Market size is projected to reach USD xx million by 2028, from USD xx million in 2017. The major factors driving the growth of this market are the increasing number of electric vehicles and the growing demand for luxury cars. In addition, rising environmental concerns have increased demand for energy-efficient products resulting in an increase in the adoption rate of HVAC systems across different industries including the automotive industry which has led to an increase in the sales of thermostat components such as housing thermostats and inserts thermostats.

 

 

Passenger vehicle thermostats are components that regulate the temperature of a car's interior. The passenger vehicle thermostat is usually found on or near the dashboard and is composed of two main parts: an ambient sensor, which registers the temperature outside and displays it inside as reading; and a control knob used to set the desired level for indoor comfort. The passenger vehicle thermostats are designed to protect the car's interior from extreme temperatures by regulating air conditioning and heating.

 

 

On the basis of Type, the global passenger vehicle thermostats market is segmented into Insert Thermostat and Housing Thermostats.

 

 

Insert Thermostat:

Insert Thermostat is a removable component of an HVAC system that regulates the temperature inside passenger cars. It can be found in vehicles like trucks, buses, and vans with air conditioning systems. Insert Thermostats are mounted inside the dashboard and can be removed easily.

 

 

Housing Thermostat:

Housing Thermostat, on the other hand, is a component of an HVAC system that regulates the temperature in passenger cars by adjusting airflow from the vents to keep it at desired levels. It's usually located near windshields or windows and cannot be removed without damaging car interiors.

 

 

On the basis of Application, the global passenger vehicle thermostats market is segmented into Sedan, Pickup, and SUV.

 

 

Sedan:

Passenger vehicle thermostats are used in sedans. They are often equipped with a heating and cooling system that can be controlled by the occupants of the car, meaning they have to turn it on if they want their seat warmer or cooler. Some vehicles also have an auxiliary module for people who need to maintain specific temperatures when doing work while driving, such as those with special medical needs like diabetes. The passenger-side dashboard contains different buttons and dials than what you'll find on driver's side dashboards - drivers don't need these features because there is no one sitting across from them to control temperature settings (unless someone else is riding along in the front).

 

 

Pickup:

Passenger vehicle thermostats are located in the engine compartment of a pickup truck. The passenger side and driver's side have their own thermometer, which is connected to the radiator through hoses filled with coolant. When one starts up the vehicle, the cooling fan turns on and pulls air from inside the cabin across each gauge’s sender’s switch, which is a metal strip with several small holes on the passenger and driver side.

 

 

Suv:

Passenger vehicle thermostats work the same way as they do in sedans. The difference is that more surface area has to be covered, so the driver can get a better sense of how hot or cold it really is outside with their hands resting on the wheel. In cases where SUVs are equipped with rear-seat HVAC vents, rear passengers will also have the option of adjusting their side's temperature.

 

 

On the basis of Region, the global passenger vehicle thermostats market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa in terms of revenue (USD Million).

North America is the largest region for the global passenger vehicle thermostats market and accounted for a share of about 42 .0% in 2017. The dominance of North America can be attributed to the presence of key players such as Johnson Controls, Inc., American Thermal Corporation, ACDelco Division Company LLC, and Panasonic Corporation in this region.

In the Asia Pacific, Japan emerged as one of the leading countries with a consumption rate that amounted to approximately 11.0% in 2017 owing to its high awareness levels among consumers on related issues. In addition; large automotive conglomerates are also present such as Honda Motor Co Ltd, Toyota Motor Corp, and Suzuki Motors Limited which provide stringent norms governing air-conditioner systems for cars overseas thus boosting their demand across the region.

In Europe, the demand for passenger vehicle thermostats is projected to rise at a CAGR of around +25% during 2017-2028 owing to high awareness levels among consumers on related issues such as climate control and heating systems which are controlled by this system in automobiles. The increasing concern over the emission norms governing air-conditioner systems across various countries in the region also boosts its demand. Modern technologies will be instrumental in introducing new features that enable these devices to monitor their performance and rectify any problems before they escalate thus boosting their adoption rate.

 

 

Growth Factors The Global Passenger Vehicle Thermostats Market:

-Air conditioning systems in passenger vehicles are becoming more advanced and feature-rich. This is driving the need for better thermostats, which will result in higher demand for these devices.

-There has been an increase in awareness about climate control technology among consumers, which prompts them to install new car air conditioners with improved features such as touch screens, voice controls, and other interactive capabilities. Such enhancements have led to increased requirements on newer models of automobiles that also use electronic components including controllers and sensors. Passenger vehicle manufacturers are developing their product ranges by using different types of automotive technologies include touchscreen infotainment displays or digital instrument clusters both leading to growth in this industry over the forecast period from 2021 to 2028.

-Innovations in the passenger vehicle industry will continue to be driven by advancements in technology, leading to increased demand for new and improved features in vehicles.

-The increasing demand for passenger vehicle thermostats is being driven by the rise in global automotive production, as well as growing demands from consumers for improved technologies such as touchscreen infotainment displays and digital instrument clusters.



Up Market Research published a new report titled “Passenger Vehicle Thermostats Sales Market research report which is segmented by Types (Insert Thermostat, Housing Thermostat), By Applications (Sedan, Pickup, SUV), By Players/Companies Nippon Thermostat, Arlington Industries Group, Mahle, Stant Corporation, Qufu TEMB, Kirpart, Fuji Bellows, Ningbo Xingci Thermal, Vernet, INZI Controls, Gates Corporation, Dongfeng-Fuji-Thomson, Ruian Wantai Auto, TAMA, Kuzeh”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

 

Report Scope

Report Attributes Report Details
Report Title Passenger Vehicle Thermostats Sales Market Research Report
By Type Insert Thermostat, Housing Thermostat
By Application Sedan, Pickup, SUV
By Companies Nippon Thermostat, Arlington Industries Group, Mahle, Stant Corporation, Qufu TEMB, Kirpart, Fuji Bellows, Ningbo Xingci Thermal, Vernet, INZI Controls, Gates Corporation, Dongfeng-Fuji-Thomson, Ruian Wantai Auto, TAMA, Kuzeh
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 240
Number of Tables & Figures 168
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Passenger Vehicle Thermostats Sales Industry Outlook
 

Global Passenger Vehicle Thermostats Sales Market Report Segments:

The market is segmented by Type Insert Thermostat, Housing Thermostat and By Application Sedan, Pickup, SUV.

 

Some of the companies that are profiled in this report are:

  1. Nippon Thermostat
  2. Arlington Industries Group
  3. Mahle
  4. Stant Corporation
  5. Qufu TEMB
  6. Kirpart
  7. Fuji Bellows
  8. Ningbo Xingci Thermal
  9. Vernet
  10. INZI Controls
  11. Gates Corporation
  12. Dongfeng-Fuji-Thomson
  13. Ruian Wantai Auto
  14. TAMA
  15. Kuzeh
 

Passenger Vehicle Thermostats Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Passenger Vehicle Thermostats Sales Market
 

Overview of the regional outlook of the Passenger Vehicle Thermostats Sales Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Passenger Vehicle Thermostats Sales Market Overview
 

Highlights of The Passenger Vehicle Thermostats Sales Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Passenger Vehicle Thermostats Sales Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Insert Thermostat

                2. Housing Thermostat

       7. By Application:

                1. Sedan

                2. Pickup

                3. SUV

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Passenger Vehicle Thermostats Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Passenger Vehicle Thermostats Sales Market Statistics
 

Reasons to Purchase the Passenger Vehicle Thermostats Sales Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passenger Vehicle Thermostats Sales Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Passenger Vehicle Thermostats Sales Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Passenger Vehicle Thermostats Sales Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Passenger Vehicle Thermostats Sales Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Passenger Vehicle Thermostats Sales Market Size & Forecast, 2018-2028 
      4.5.1 Passenger Vehicle Thermostats Sales Market Size and Y-o-Y Growth 
      4.5.2 Passenger Vehicle Thermostats Sales Market Absolute $ Opportunity 


Chapter 5 Global Passenger Vehicle Thermostats Sales Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Passenger Vehicle Thermostats Sales Market Size Forecast by Type
      5.2.1 Insert Thermostat
      5.2.2 Housing Thermostat
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Passenger Vehicle Thermostats Sales Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Passenger Vehicle Thermostats Sales Market Size Forecast by Applications
      6.2.1 Sedan
      6.2.2 Pickup
      6.2.3 SUV
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Passenger Vehicle Thermostats Sales Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Passenger Vehicle Thermostats Sales Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Passenger Vehicle Thermostats Sales Analysis and Forecast
   9.1 Introduction
   9.2 North America Passenger Vehicle Thermostats Sales Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Passenger Vehicle Thermostats Sales Market Size Forecast by Type
      9.6.1 Insert Thermostat
      9.6.2 Housing Thermostat
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Passenger Vehicle Thermostats Sales Market Size Forecast by Applications
      9.10.1 Sedan
      9.10.2 Pickup
      9.10.3 SUV
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Passenger Vehicle Thermostats Sales Analysis and Forecast
   10.1 Introduction
   10.2 Europe Passenger Vehicle Thermostats Sales Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Passenger Vehicle Thermostats Sales Market Size Forecast by Type
      10.6.1 Insert Thermostat
      10.6.2 Housing Thermostat
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Passenger Vehicle Thermostats Sales Market Size Forecast by Applications
      10.10.1 Sedan
      10.10.2 Pickup
      10.10.3 SUV
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Passenger Vehicle Thermostats Sales Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Passenger Vehicle Thermostats Sales Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Passenger Vehicle Thermostats Sales Market Size Forecast by Type
      11.6.1 Insert Thermostat
      11.6.2 Housing Thermostat
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Passenger Vehicle Thermostats Sales Market Size Forecast by Applications
      11.10.1 Sedan
      11.10.2 Pickup
      11.10.3 SUV
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Passenger Vehicle Thermostats Sales Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Passenger Vehicle Thermostats Sales Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Passenger Vehicle Thermostats Sales Market Size Forecast by Type
      12.6.1 Insert Thermostat
      12.6.2 Housing Thermostat
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Passenger Vehicle Thermostats Sales Market Size Forecast by Applications
      12.10.1 Sedan
      12.10.2 Pickup
      12.10.3 SUV
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Passenger Vehicle Thermostats Sales Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Passenger Vehicle Thermostats Sales Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Passenger Vehicle Thermostats Sales Market Size Forecast by Type
      13.6.1 Insert Thermostat
      13.6.2 Housing Thermostat
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Passenger Vehicle Thermostats Sales Market Size Forecast by Applications
      13.10.1 Sedan
      13.10.2 Pickup
      13.10.3 SUV
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Passenger Vehicle Thermostats Sales Market: Competitive Dashboard
   14.2 Global Passenger Vehicle Thermostats Sales Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Nippon Thermostat
      14.3.2 Arlington Industries Group
      14.3.3 Mahle
      14.3.4 Stant Corporation
      14.3.5 Qufu TEMB
      14.3.6 Kirpart
      14.3.7 Fuji Bellows
      14.3.8 Ningbo Xingci Thermal
      14.3.9 Vernet
      14.3.10 INZI Controls
      14.3.11 Gates Corporation
      14.3.12 Dongfeng-Fuji-Thomson
      14.3.13 Ruian Wantai Auto
      14.3.14 TAMA
      14.3.15 Kuzeh
Segments Covered in the Report
The global Passenger Vehicle Thermostats Sales market has been segmented based on

By Types
  • Insert Thermostat
  • Housing Thermostat
By Applications
  • Sedan
  • Pickup
  • SUV
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Nippon Thermostat
  • Arlington Industries Group
  • Mahle
  • Stant Corporation
  • Qufu TEMB
  • Kirpart
  • Fuji Bellows
  • Ningbo Xingci Thermal
  • Vernet
  • INZI Controls
  • Gates Corporation
  • Dongfeng-Fuji-Thomson
  • Ruian Wantai Auto
  • TAMA
  • Kuzeh

Buy Report