Global Market Study on Automotive Thermostat

Research Methodology

For market data analysis, we have considered 2017 as the base year, with market numbers estimated for 2018 and forecasts for 2018 – 2026. To calculate the market size, the report considers the weighted average price of automotive thermostats based on the sales channel, such as OEM and aftermarket, across key geographies on a country basis. The forecast assesses the total revenue (US$ Mn) and volume (‘000 Units) of the global automotive thermostat market. To deduce the market value, the cost of each thermostat by design type has been considered. In order to provide an accurate forecast, we have started by sizing up the current market, which forms the basis of how the global automotive thermostat market is expected to develop in the future. Critical market data, including the base number and segment splits, has been devised through in-depth secondary and primary research. This data is then triangulated on the basis of different verticals by considering supply side as well as demand side drivers and other dynamics of various regional markets, along with primary interviews of manufacturers and industry experts operating in the global automotive thermostat market. The forecast presented in the report evaluates the actual cost of the different types of automotive thermostats and the cost as per brands in the global automotive thermostat market over the forecast period.

We have also analyzed the different segments of the global automotive thermostat market in terms of Basis Point Share (BPS) to understand the relative contribution of individual segments to market growth. This detailed level of information is important for identifying various key trends governing the global automotive thermostat market. The report also analyzes the global automotive thermostat market based on the absolute dollar opportunity. This is usually overlooked while estimating the market forecast. However, from a sales perspective, it is essential to identify the absolute dollar opportunity to identify potential resources in the automotive thermostat market.

PMR has developed a market attractiveness index to understand the key segments in terms of their performance and growth in the global automotive thermostat market. This market attractiveness index is expected to help clients identify real market opportunities in the global automotive thermostat market.

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