March 2025
Senior Research Analyst
Reviewed By
The automotive thermostat market size is anticipated to grow from USD 3.51 billion in 2025 to USD 5.01 billion by 2034, with a compound annual growth rate (CAGR) of 4.04% during the forecast period from 2025 to 2034.
The automotive thermostat market is an integral branch of the automotive industry. This industry deals in production and distribution of temperature regulators for automotives. There are numerous types of thermostats available in the market consisting of electronic thermostats, mechanical thermostats and programmable thermostats. These thermostats comprise of various components including single valves and dual valves. The growing sales of passenger cars in different parts of the world has boosted the industrial expansion. This market is projected to rise significantly with the growth of the automotive components sector around the globe.
In May 2024, Jumana Al-Sibai, the member of the Mahle Management Board announced that, “In ADMETOS, we have found an owner that offers both the company and its employees a stable, promising outlook. I would like to thank all employees in the thermostat product area.”
The automotive thermostat market is a consolidated industry with the presence of numerous dominant players. Some of the important players in this industry comprises of Mahle GmbH, Vernet SAS, Stant Corporation, TAMA A.S., BorgWarner Inc., Gates Corporation, Nippon Thermostat Co., Ltd., Aisin Seiki Co., Ltd and some others. These market players are investing heavily for manufacturing superior quality thermostats for automotives and adopting numerous strategies such as product launches, partnerships, investment and some others to maintain their dominant position in this industry.
By Type
By Component Type
By Vehicle Type
By Region
March 2025
March 2025
March 2025
March 2025
Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.
We offer automotive expertise for market projections and customizable research, adaptable to diverse strategic approaches.
Contact Us