Automotive Chiller Market Revenue was valued at USD 1.2 Billion in 2024 and is estimated to reach USD 2.5 Billion by 2033, growing at a CAGR of 8.5% from 2026 to 2033.
The global automotive chiller market was valued at approximately USD 3.2 billion in 2022, with a projected compound annual growth rate (CAGR) of 7.8% from 2023 to 2030. The increasing demand for efficient thermal management systems in vehicles, especially electric vehicles (EVs), is driving this growth. North America dominated the market in 2022, contributing over 30% of the global share, primarily due to the presence of leading automotive manufacturers and the high adoption of advanced cooling technologies. Europe followed closely, with a significant share attributed to stringent emission regulations and the growing trend of EV adoption. The Asia Pacific region is expected to experience the highest CAGR during the forecast period, driven by the rapidly growing automotive industry in countries like China and India, where both conventional and electric vehicle production is expanding at a fast pace. The market is also poised for growth in Latin America and the Middle East and Africa due to increasing automotive production and the adoption of new technologies in these regions. The growth of the automotive sector, particularly in emerging markets, will continue to drive the demand for advanced chillers used in climate control systems, electric vehicle batteries, and other vehicle components. Opportunities in the automotive chiller market will arise from the development of energy efficient and environmentally friendly technologies, including the use of low GWP (Global Warming Potential) refrigerants, and the growing preference for multi functional thermal management systems in modern vehicles.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ http://verifiedmarketreports.com/download-sample/?rid=808966&utm_source=Pulse_G_April&utm_medium=212
Valeo
MAHLE GmbH
Zhejiang Sanhua Intelligent Controls
Yinlun Co
Modine Manufacturing
Estra Automotive
Hasco Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase Of This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=808966&utm_source=Pulse_G_April&utm_medium=212
Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Chiller Market
Passenger Vehicles
Commercial Vehicles
Evaporator
Condenser
Compressor
Expansion Valve
Air-Cooled
Water-Cooled
Refrigerated Transport
Automotive HVAC Systems
Reciprocating Compressors
Screw Compressors
Centrifugal Compressors
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/automotive-chiller-market/
1. Introduction of the Global Automotive Chiller Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Chiller Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Chiller Market, By Type
6. Global Automotive Chiller Market, By Application
7. Global Automotive Chiller Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Automotive Chiller Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/