Automotive Thermostat Valve Market is growing at a CAGR of 4.1% from 2024 to 2030 by Exactitude Consultancy

The Exactitude Consultancy Automotive Thermostat Valve Market Report – Size, Trends, and Forecast 2024-2030

LUTON, BEDFORDSHIRE, UNITED KINGDOM, March 27, 2024 /EINPresswire.com/ -- ****Everything You Need to Know About Automotive Thermostat Valve everything is Here....!

The Comprehensive study on 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐓𝐡𝐞𝐫𝐦𝐨𝐬𝐭𝐚𝐭 𝐕𝐚𝐥𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 includes historical data as well as share, size, and projection information for the major players, geographies, applications, and product categories for the years 2024 to 2030. The Market study includes comprehensive insights on the competitive environment, description, broad product portfolio of key players, SWOT analysis, and significant business strategy implemented by rivals, revenue, Porters Five Forces Analysis, and sales projections. The report also features an impact analysis of the market dynamics, highlighting the factors currently driving and limiting market growth, and the impact they could have on the short, medium, and long-term outlook. The main goal of the paper is to further illustrate how the latest scenario, the economic slowdown, and war events affect the market for Automotive Thermostat Valve.

𝐓𝐡𝐞 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐓𝐡𝐞𝐫𝐦𝐨𝐬𝐭𝐚𝐭 𝐕𝐚𝐥𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐚𝐧𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐟𝐫𝐨𝐦 𝐔𝐒𝐃 𝟏.𝟕𝟔 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟒 𝐭𝐨 𝐔𝐒𝐃 𝟐.𝟒𝟔 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎, 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟒.𝟏% 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝. 𝐓𝐡𝐞 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐢𝐧𝐝𝐢𝐯𝐢𝐝𝐮𝐚𝐥𝐬 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐢𝐬 𝐭𝐡𝐚𝐭 𝐭𝐡𝐞 𝐦𝐚𝐣𝐨𝐫 𝐫𝐞𝐚𝐬𝐨𝐧 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐞𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐦𝐚𝐫𝐤𝐞𝐭.

𝐓𝐡𝐞 𝐓𝐨𝐩 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭:

BorgWarner Inc., GmbH, Mahle GmbH, Gates Corporation, Valeo SA, Stant Corporation, TAMA Corporation, Hella KGaA Hueck & Co., Nippon Thermostat Co. Ltd., Fishman Thermo Technologies Ltd., MotoRad LLC, Kirpart, Vernet SAS, BG Automotive Ltd., Ltd., Ningbo Xingci Thermal Electric Appliances Co., Ltd.

𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭:

FEB 09, 2023: BorgWarner will provide innovative battery cooling plates to a prominent German vehicle manufacturer in Europe and the United States for the carmaker’s next wave of electric cars. When compared to other options, the BorgWarner cooling plates provide more cooling capability in a smaller package with less weight and expense. In addition, the plate construction accounts for manufacturing tolerances.

16 May 2022: HELLA, a global car provider, received the first large-volume production order for its new Coolant Control Hub. (CCH). HELLA’s CCH is an innovative subsystem that guarantees highly effective thermal control in electric cars. Series production is scheduled to begin in 2024 at HELLA’s electronics facility in San José Iturbide, Mexico, with starting supply from a major foreign car manufacturer. The work is being done in the worldwide HELLA network, which includes Northville, USA, and the company’s base in Lippstadt, Germany.

 𝐂𝐥𝐢𝐜𝐤 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐭𝐨 𝐠𝐞𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 :

https://exactitudeconsultancy.com/reports/21963/automotive-thermostat-valve-market/#request-a-sample

(*𝐈𝐟 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐚𝐧𝐲 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐥𝐞𝐭 𝐮𝐬 𝐤𝐧𝐨𝐰 𝐚𝐧𝐝 𝐰𝐞 𝐰𝐢𝐥𝐥 𝐩𝐫𝐨𝐯𝐢𝐝𝐞 𝐲𝐨𝐮 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐬 𝐲𝐨𝐮 𝐰𝐢𝐬𝐡.)

𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐓𝐡𝐞𝐫𝐦𝐨𝐬𝐭𝐚𝐭 𝐕𝐚𝐥𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐓𝐡𝐞𝐫𝐦𝐨𝐬𝐭𝐚𝐭 𝐕𝐚𝐥𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐁𝐲 𝐓𝐲𝐩𝐞, 𝟐𝟎𝟐𝟎-𝟐𝟎𝟐𝟗, (𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧) (𝐓𝐡𝐨𝐮𝐬𝐚𝐧𝐝 𝐔𝐧𝐢𝐭𝐬)

Solenoid Water Valves

Electric Water Valves

Under Pressure Water Valves

𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐓𝐡𝐞𝐫𝐦𝐨𝐬𝐭𝐚𝐭 𝐕𝐚𝐥𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧, 𝟐𝟎𝟐𝟎-𝟐𝟎𝟐𝟗, (𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧) (𝐓𝐡𝐨𝐮𝐬𝐚𝐧𝐝 𝐔𝐧𝐢𝐭𝐬)

Passenger Car

Commercial Vehicle

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬:

 𝐑𝐞𝐯𝐢𝐯𝐚𝐥 𝐨𝐟 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲

Automotive valves are among the integral components which are important for vehicle functioning and are irreplaceable (having no substitute). For instance, a gasoline engine cylinder uses approximately four valves for inlet and exhaust function. The number of valves used, size, shape, and material can differ for different engine designs, but the valves are necessarily used to complete the seamless functioning of the engine. As discussed earlier, a standard car contains around 40–60 valves, which are irreplaceable. The growth of valves is directly linked to the vehicle production. An increase in the level of production causes uplift in demand for valves. The Indian and Chinese automobile markets are witnessing higher growth as compared to other countries due to changing demographics and improving economy at large. In year 2021, the passenger car production in China stood at 21.4 million units, while commercial vehicle production was 4.7 million. India recorded the total vehicle production at around 22.7 million units.

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐝𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐬𝐨𝐥𝐞𝐧𝐨𝐢𝐝 𝐯𝐚𝐥𝐯𝐞𝐬 𝐚𝐧𝐝 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐯𝐞𝐡𝐢𝐜𝐥𝐞𝐬

Solenoids are used in several applications in modern cars to improve their performance and efficiency. A few of the major applications are Door locks and trunk release , Starter solenoid functions, automatic transmission control, dual-clutch transmission control, turbocharger control, and variable valve timing, EGR control, evaporative emission control (EVAP) system, fuel ignition coils, and engine fuel shut off valve, ABS, air suspension system, and HVAC system, Increasing consumer preference for new improved transmission systems, such as AMT, DCT, and CVT, which provide an enhanced driving experience with better control and acceleration of the vehicle is expected to support the demand for solenoids. This is mainly because transmission systems enable real-time control of torque with each gearshift. The friction losses created during the shifting of gears are reduced, and they are quickly synchronized with the torque required for the new gear, which, in turn, increases the time taken for the torque to synchronize with the new gear. This has further improved the fuel efficiency of vehicles along with the elimination of any scope for human error as most of the work while shifting the gears is controlled by sensors, solenoids, and computers.

𝐑𝐢𝐬𝐞 𝐢𝐧 𝐜𝐨𝐬𝐭 𝐨𝐟 𝐫𝐚𝐰 𝐦𝐚𝐭𝐞𝐫𝐢𝐚𝐥𝐬

Over the year, the cost of raw material has increased. For instance, in year 2021-22, the cost of key raw material such as pig iron and steel have risen 35-40% year on year in April-December. The increase in the cost of raw material is restraining the market growth of automotive valves market. Steel makes up 39% of the average car, whereas aluminum makes up 11%. The rise in raw material costs has been focused on high steel prices; according to a Bank of America analysis released last month, the average cost per pound of steel used in automobile manufacture has risen 106 percent year over year. Given the large steel content of the average vehicle, this is "quite concerning," according to the analysis. The impact of increased material costs is projected to fall on suppliers and original equipment manufacturers (OEMs), with the latter bearing even more indirect expenses from the former.

𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐠𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐲, 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭 𝐟𝐨𝐫 𝐃𝐢𝐬𝐫𝐮𝐩𝐭𝐢𝐨𝐧𝐬 𝐡𝐚𝐬 𝐛𝐞𝐞𝐧 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐚𝐬 𝐟𝐨𝐥𝐥𝐨𝐰𝐬:

North America has the biggest global automotive thermostat market share, owing to the use of sophisticated technology and the desire for high-performance luxury vehicles. Asia-specific nations such as China and India are growing their thermostat markets, and significant development in the global car thermostat market is anticipated as a result of increased employment prospects and new technologies. By implementing automotive thermostats in various fields, Europe will contribute to the worldwide expansion of the automotive thermostat industry. Over the forecast period, the prognosis for the automotive thermostat market is favorable.

𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐏𝐨𝐢𝐧𝐭𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐓𝐡𝐞𝐫𝐦𝐨𝐬𝐭𝐚𝐭 𝐕𝐚𝐥𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐢𝐫𝐞𝐜𝐭𝐨𝐫𝐲:

To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data, and forecast to 2030.

To understand the structure of market by identifying its various sub segments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the growth trends, future prospects, and their contribution to the total market.

To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

𝐓𝐚𝐤𝐞 𝐚 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐓𝐎𝐂 𝐡𝐞𝐫𝐞:

https://exactitudeconsultancy.com/reports/21963/automotive-thermostat-valve-market/

𝐓𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐬 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐩𝐨𝐢𝐧𝐭𝐞𝐫𝐬:

𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐞𝐧𝐞𝐭𝐫𝐚𝐭𝐢𝐨𝐧: Comprehensive information on the product portfolios of the top players in the Automotive Thermostat Valve

𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭/𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐬𝐬𝐞𝐬𝐬𝐦𝐞𝐧𝐭: In-depth assessment of the Automotive Thermostat Valve market strategies, geographic and business segments of the leading players in the market.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐢𝐯𝐞𝐫𝐬𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Automotive Thermostat Valve

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐬𝐜𝐫𝐮𝐭𝐢𝐧𝐢𝐳𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲 𝐚𝐫𝐞:

Which companies are expanding litanies of products with the aim to diversify product portfolio?

Which companies have drifted away from their core competencies and how have those impacted the strategic landscape of the Automotive Thermostat Valve market?

Which companies have expanded their horizons by engaging in long-term societal considerations?

Which firms have bucked the pandemic trend and what frameworks they adopted to stay resilient?

What are the marketing programs for some of the recent product launches?

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𝐖𝐞 𝐨𝐟𝐟𝐞𝐫 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐞 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐓𝐡𝐞𝐫𝐦𝐨𝐬𝐭𝐚𝐭 𝐕𝐚𝐥𝐯𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐜𝐥𝐢𝐞𝐧𝐭 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬:

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