The global automotive cooling system market is projected to exceed 190 billion yuan by 2025, with the new energy vehicle

2026-02-06

Recently, a market research report on the global automotive cooling system released by Biz Insights shows that the global market size of automotive cooling systems reached 194.756 billion RMB in 2025, with the Chinese market size increasing to 55.837 billion RMB simultaneously. It is predicted that the global market size will exceed 265.9 billion RMB by 2032, maintaining a compound annual growth rate of 4.55%.​

The report points out that the global automotive cooling system industry presents a dual-track development pattern of "stock upgrade and incremental innovation". Among them, new energy vehicles have become the core growth engine. Although the sales growth rate of domestic new energy passenger vehicles slowed down in 2025, the thermal management system, as a core component, still maintained steady growth due to the increasing demand for high-power models. In the niche market, the demand for products such as electronic fans and integrated thermal management modules continues to expand, with international giants such as Denso and Valeo and domestic specialized and sophisticated enterprises dominating the market competition.​

In terms of application scenarios, the passenger car and commercial vehicle markets are advancing hand in hand. The motor and battery cooling needs of new energy vehicles have driven the rapid penetration of high-efficiency liquid cooling and refrigerant direct cooling technologies, while traditional fuel vehicles maintain their market share through low-cost upgrade solutions such as "forced air cooling + intelligent speed regulation". Industry analysts said that in the next 3-5 years, "high-efficiency heat exchange, energy saving and consumption reduction, and integration" will become the core keywords for the technological iteration of cooling systems. Enterprises need to focus on technical accumulation in niche areas to break through in homogeneous competiti

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