Global Automotive HVAC Market 2018 Industry Research Report is a professional and in-depth study on the current state of the Global Automotive HVAC industry.

Pune, India - September 6, 2018 /MarketersMedia/ —

This report studies Automotive HVAC in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India with production, revenue, consumption, import and export in these regions forecast to 2023.

Global Automotive HVAC Market industry is analyzed by Technology (Manual and Automatic), Component (Evaporator, Compressor, Condenser, Receiver/Drier and Expansion Device), Vehicle Type (Passenger Cars, LCV, and HCV) and regions.

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The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Market Highlights:

The report for Global Automotive HVAC Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.

Automotive HVAC Key Players Analyzed In Report:

Sensata Technologies (U.S.), The Keihin Corporation (Japan), Calsonic Kansei Corporation (Japan), Sanden Corporation (Japan), Valeo (France) and Denso Corporation (Japan). Hanon Systems (South Korea), MAHLE GmbH (Germany), Johnson Electric Holdings Limited (Hong Kong) and Japan Climate Systems Corporation (Japan) are among the other players in this market.

Global Automotive HVAC Market is Projected to Grow at a 9% CAGR from 2018 to 2023. Automotive HVAC Industry growth is influenced by factors such as increasing demand for thermal systems and automatic climate control features in the automobiles. People travel in their personal automobiles for long distances in the urban sector, and hence the need for HVAC is higher. Due to the global warming and climate change, global temperatures are rising, which leads to greater demand for ambient temperatures inside the automobile.

Regional Analysis:

Geographically, the automotive HVAC market is segmented into North America, Asia Pacific, Europe, and Rest-of-the-World. The Asia Pacific market is projected to experience high growth thanks to healthy growing economies of India and China. Japan has the upper hand in the Asia Pacific market in terms of automotive innovation.

Large sales of automobiles are manufactured in this region due to increasing demand for passenger vehicles, large population, growing per capita income of the middle class, and steadily improving standard of living. Along with extreme humidity, the temperature in this region is quite high, which demands the use of HVAC systems for a pleasurable driving experience. Furthermore, growing government support to the automotive industry can be a plus for the market in the coming years.

Apart from Asia Pacific, the Europe region has quite a high demand for HVAC systems due to extreme low-temperature conditions persisting throughout the year. Moreover, owing to high industrialization, per capita income, and purchasing power of citizens, the demand for cars is expected to rise. 

Market Segments:

On the basis of technology, the market is segmented into manual and automatic. Budget vehicles make use of manual HVAC, which requires being switched on manually. The temperature inside the automobile is required to be set manually, according to the individual requirement of the passengers or the driver. On the other hand, the automatic HVAC system senses the outside ambient temperature and is set in motion automatically. It decreases energy use and improves occupant comfort. High demand for automatic HVAC among urban automotive users augments the popularity of this segment.

The market is segmented on the basis of components into evaporator, compressor, condenser, receiver/drier, and expansion device. The main job of a condenser is to convert the coolant into a liquid form by cooling it, whereas an automotive AC compressor is responsible for pressurizing the AC system and keeping the refrigerant flowing to ensure smooth functioning. The automotive AC compressor is considered as the principal part of the overall air conditioning system playing a crucial role in efficient performance. Simply put, increasing car ownership all over the world makes this segment highly popular in the market. Subsequently, comfort and convenience of AC in cars is creating the demand for automotive AC compressors.

Major Points from Table of Contents:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter's Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Driver

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

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Contact Info:
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Organization: Market Research Future
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