Passenger Car Thermal System Market Comprehensive Analysis: Key Findings and Growth (CAGR: 6.44%)
The Global Passenger Car Thermal System Market is an essential and evolving segment of the automotive industry, encompassing technologies aimed at controlling temperatures and climate within vehicle cabins and engine compartments. According to a report by TechSci Research, the market was valued at USD 45.14 billion in 2023 and is expected to reach USD 65.41 billion by 2029, expanding at a Compound Annual Growth Rate (CAGR) of 6.44%. The rapid growth of this market is fueled by stricter emissions regulations, the shift towards electric vehicles (EVs), and increased consumer demand for advanced comfort and climate control features. This report provides an in-depth analysis of the various factors driving the growth of the Passenger Car Thermal System Market, covering topics such as technological advancements, regulatory pressures, market segmentation, and key industry players. Passenger Car Thermal System Market Overview and Key Drivers Environmental S...