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Stock impact report

Automotive Thermal Systems Market To Reach USD 175.4 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]

Dana Incorporated (DAN) 
Last dana incorporated earnings: 4/30 06:59 am Check Earnings Report
Company Research Source: Yahoo! Finance
Fort Collins, Colorado, April 27, 2024 (GLOBE NEWSWIRE) -- Rise in EV sales to boost the automotive thermal systems market growth. The automotive industry's persistent drive for enhanced fuel efficiency and decreased emissions has spurred the demand for advanced thermal management systems. According to the U.S. Department of Energy, optimizing engine thermal control can yield a notable improvement in fuel efficiency, potentially up to 5%. Furthermore, the escalating adoption of electric vehicles (EVs) underscores the imperative for effective thermal management to optimize battery performance and extend vehicle range. The International Energy Agency highlights that global EV sales surged to 6.6 million units in 2021, intensifying the call for innovative thermal solutions tailored to meet the evolving needs of the automotive sector. The automotive thermal systems market offers lucrative prospects for key players specializing in waste heat recovery and electrification. According t Show less Read more
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