According to our (Global Info Research) latest study, the global Commercial Vehicle Automotive Thermal System market size was valued at US$ 15230 million in 2025 and is forecast to a readjusted size of US$ 19900 million by 2032 with a CAGR of 3.9% during review period.
The Commercial Vehicle Automotive Thermal System refers to the integrated thermal management system used in medium and heavy-duty trucks, buses, coaches, construction and specialty vehicles, which controls the temperature and heat flow of the engine, transmission, axles, e-drive components, battery pack and the cabin environment. It typically consists of radiators, charge-air coolers, condensers, heater cores, battery cooling plates or circuits, refrigerant loops, pumps and fans, valves, hoses and pipes, as well as centralized electronic control units and sensors. Its primary objective is to keep the powertrain and key components within their optimal temperature range under diverse operating conditions (such as full-load hill climbing, prolonged idling, extreme hot or cold climates and stop-and-go urban driving), while improving fuel economy or energy efficiency, emissions performance and overall reliability, and providing thermal comfort for the driver and passengers in both conventional ICE commercial vehicles and new energy commercial vehicles (hybrid, battery electric and fuel-cell).
The commercial vehicle automotive thermal system is evolving from a traditional cooling and HVAC support function into a central pillar for energy efficiency, reliability, and intelligent system coordination. As new energy commercial vehicles gain traction and regulatory pressure on emissions and fuel economy intensifies, thermal systems are expanding beyond the engine and cabin to encompass e-drive, battery, transmission, power electronics, and refrigerated cargo compartments. This shift introduces multi-source, multi-loop, and multi-temperature-zone complexity, accelerating the industry's transformation from discrete components to modular, integrated, and intelligent systems. Leading companies are investing in thermal control units, sensor networks, simulation modeling, and vehicle-level control strategies to deliver full-stack, software-enabled system solutions. In the future, those who can orchestrate real-time data and energy flows across thermal domains will shape the value chain and emerge as key players in the electrification and intelligent transformation of commercial vehicles.
This report is a detailed and comprehensive analysis for global Commercial Vehicle Automotive Thermal System market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Commercial Vehicle Automotive Thermal System market size and forecasts, in consumption value ($ Million), 2021-2032
Global Commercial Vehicle Automotive Thermal System market size and forecasts by region and country, in consumption value ($ Million), 2021-2032
Global Commercial Vehicle Automotive Thermal System market size and forecasts, by Type and by Application, in consumption value ($ Million), 2021-2032
Global Commercial Vehicle Automotive Thermal System market shares of main players, in revenue ($ Million), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Commercial Vehicle Automotive Thermal System
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Commercial Vehicle Automotive Thermal System market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include DENSO, Hanon Systems, Valeo, MAHLE GmbH, Sanhua Intelligent Controls, Sanden, Aotecar, Yinlun Machinery, HASCO, Bosch, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Commercial Vehicle Automotive Thermal System market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Powertrain System
Passenger Cabin Thermal Management System
Others
Market segment by Sales Channel
OEM
Aftermarket
Market segment by Vehicle Power Source
Internal Combustion Engines
New Energy Vehicles
Market segment by Application
Medium and Heavy Vehicles
Light Commercial Vehicle
Market segment by players, this report covers
DENSO
Hanon Systems
Valeo
MAHLE GmbH
Sanhua Intelligent Controls
Sanden
Aotecar
Yinlun Machinery
HASCO
Bosch
Johnson Electric
Highly Group
BorgWarner
Zhongding Group
Dana Incorporated
Songz Automobile Air Conditioning
Modine
Feilong Auto Components
Tenglong Auto Parts
Tuopu Group
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Commercial Vehicle Automotive Thermal System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Commercial Vehicle Automotive Thermal System, with revenue, gross margin, and global market share of Commercial Vehicle Automotive Thermal System from 2021 to 2026.
Chapter 3, the Commercial Vehicle Automotive Thermal System competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2021 to 2032.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2021 to 2026.and Commercial Vehicle Automotive Thermal System market forecast, by regions, by Type and by Application, with consumption value, from 2027 to 2032.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Commercial Vehicle Automotive Thermal System.
Chapter 13, to describe Commercial Vehicle Automotive Thermal System research findings and conclusion.
Summary:
Get latest Market Research Reports on Commercial Vehicle Automotive Thermal System. Industry analysis & Market Report on Commercial Vehicle Automotive Thermal System is a syndicated market report, published as Global Commercial Vehicle Automotive Thermal System Market 2026 by Company, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Commercial Vehicle Automotive Thermal System market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.