Automotive thermal management market to hit $107.68 billion by 2030

The automotive thermal management market is projected to rise from $77.14 billion in 2025 to $107.68 billion by 2030, powered by electric vehicle growth, battery cooling demand and new heat management technologies. North America led the market in 2025, while Asia-Pacific is expected to grow the fastest.

Why it matters: - Automotive thermal management is becoming more important as vehicles add more electrified systems that need precise temperature control. - The market’s growth tracks broader EV adoption, which raises demand for battery, motor and cabin cooling systems. - Better thermal management can improve vehicle efficiency, range, safety and component life.

What happened: - The Business Research Company said the global automotive thermal management market is expected to grow from $77.14 billion in 2025 to $82.72 billion in 2026. - The market is forecast to reach $107.68 billion by 2030. - The report cites a 7.2% CAGR from 2025 to 2026 and a 6.8% CAGR through 2030. - The report is titled Automotive Thermal Management Market Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035. - Download a free sample of the report.

The details: - Automotive thermal management covers systems that control heat in engines, batteries, power electronics, cabins and drivetrains. - The market’s recent growth was linked to higher vehicle production, stronger demand for engine cooling, wider use of passenger comfort systems, more HVAC installations and more durable thermal components. - Future growth is tied to electric vehicle manufacturing, battery thermal management systems, heat pump technologies, advanced cooling materials and vehicle energy efficiency. - Key trends include integrated thermal management systems, heat pump-based solutions, multi-circuit cooling architectures, advanced thermal interface materials and high-efficiency refrigerants. - North America held the largest market share in 2025. - Asia-Pacific is projected to grow the fastest during the forecast period. - The report also covers South East Asia, Western Europe, Eastern Europe, South America, the Middle East and Africa.

Between the lines: - The shift toward EVs is changing thermal management from a supporting function into a core performance and efficiency layer. - Heat control is becoming more complex as automakers balance battery protection, passenger comfort and energy use in the same system. - The emphasis on integrated systems and heat pumps points to a push for fewer components and higher efficiency. - In January 2025, Cox Automotive updated its EV sales figures to 1,212,758 units for 2023, up 49% from 2022, and 1,301,411 units for 2024, up 7.3%.

What's next: - The market is expected to keep expanding as EV production rises and automakers adopt more advanced thermal technologies. - New product development is likely to focus on cooling efficiency, thermal materials and refrigerant changes. - Regional competition may intensify as Asia-Pacific accelerates faster than North America. - The report highlights updated graphics, tables, Excel dashboards, TAM analysis, market hotspots infographics and company scoring tools for 2026.

The bottom line: - Automotive thermal management is moving from a niche engineering function to a major growth market as electrification drives demand for better heat control.