Published Date: April 2024
Commercial Vehicle Thermostat is a device that regulates the temperature of a system by controlling the flow of a heating or cooling medium. In commercial vehicles, thermostats play a crucial role in regulating the engine temperature. Commercial Vehicle Thermostats are designed to maintain the engines optimal operating temperature range which is typically between 190° F to 210° F. When the engine temperature drops below the desired range, the thermostat will restrict the flow of coolant to the radiator and increase the flow of coolant to the engine.
Commercial vehicle thermostats have a wide range of applications in various types of vehicles, including trucks, buses, and heavy-duty equipment. The market for Commercial Vehicle Thermostats has experienced rapid expansion due to rising commercial vehicle demand, particularly in developing countries. The need for dependable and effective engine cooling systems grows as there are more commercial vehicles on the road. As a result, commercial vehicle manufacturers are increasingly using advanced engine cooling systems including thermostats to meet these standards thereby the market is expected to continue the growth of Commercial Vehicle Thermostat Market over the forecast period.
The report “Commercial Vehicle Thermostat Market, By Type (Insert Thermostat and Housing Thermostat), By Application (Light and Heavy Duty), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”
Key Highlights:
- In February 2019, Omnicraft launched its new omnicraft thermostats line, as they are made to respond consistently and efficiently to the demands of vehicle cooling systems. Ford Motor Co. has certified and supported 100 part numbers in the new thermostat series.
Analyst View:
The increasing focus on reducing emissions and improving fuel efficiency, the demand for electric and hybrid commercial vehicles is expected to grow rapidly for Commercial Vehicle Thermostat Market. As the development of autonomous driving technology continues to progress, commercial vehicles will increasingly rely on advanced cooling systems, including thermostats, to maintain the optimal temperature of their systems. As a result, commercial vehicle manufacturers are expected to adopt more advanced engine cooling systems, including thermostats, to meet these standards, these factors are expected to fuel the Commercial Vehicle Thermostat Market growth in coming years.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Commercial Vehicle Thermostat Market, By Type (Insert Thermostat and Housing Thermostat), By Application (Light and Heavy Duty), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”
Key Market Insights from the report:
Commercial Vehicle Thermostat Market accounted for US$ XX billion in 2022 and is estimated to be US$ XX billion by 2032 and is anticipated to register a CAGR of XX%. Commercial Vehicle Thermostat Market is segmented based on Type, Application and Region.
- Based on Type, Commercial Vehicle Thermostat Market is segmented into Insert Thermostat and Housing Thermostat.
- Based on Application, Commercial Vehicle Thermostat Market is segmented into Light and Heavy Duty.
- By Region, the Commercial Vehicle Thermostat Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Competitive Landscape & their strategies of Commercial Vehicle Thermostat Market:
The prominent players operating in the Commercial Vehicle Thermostat Market includes, Vernet, Fishman TT, Mahle GmbH, BG Automotive, Stant Corp, Gates, Borgwarner, Nippon Thermostat, Hella, TAMA, Kirpart and others.
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