Commercial Vehicle Automotive Thermal System Market Demand in Emerging Economies

The global commercial vehicle automotive thermal system market is poised for steady growth, according to Persistence Market Research. Valued at US$ 17.91 billion in 2025, the market is expected to reach US$ 25.45 billion by 2032. This represents a robust compound annual growth rate (CAGR) of 5.2% during the forecast period from 2025 to 2032. The growth is driven by increasing demand for efficient thermal management systems in commercial vehicles to enhance performance, fuel efficiency, and comply with evolving emission norms. Advancements in technology and rising vehicle production further contribute to the market’s upward trajectory.

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