[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Automotive HVAC Market size & share revenue was valued at approximately USD 16.35 Billion in 2021 and is expected to reach USD 18.10 billion in 2022 and is expected to reach around USD 32.10 Billion by 2030, at a CAGR of 6.75 between 2022 and 2030. The key market players listed in the report with their sales, revenues and strategies are DENSO Corporation, MAHLE GmbH, Valeo Group, Johnson Electric Holdings Ltd, Sanden Holdings Corporation, Japan Climate System Corporation, Brose Fahrzeugteile GmbH & Co. Kg, Air International Thermal Systems, Hanon Systems Corp., Marelli Corporation, Valeo, Calsonic Kansei Corporation, Keihin Corporation, Calsonic Kansei, Engineered Plastic Components, DelStar Technologies, Sanden Holdings Corporation, Behr GmbH, and others.
Sandy, Utah, USA, Feb. 08, 2023 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Automotive HVAC Market Size, Trends, and Insights By Technology (Automatic, Manual), By Vehicle Type (Passengers Cars, Commercial Vehicles, Electric Vehicles), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” in its research database.
“According to the latest research study, the demand for Global Automotive HVAC Market size & share was valued at approximately USD 16.35 Billion in 2021 and is expected to reach USD 18.10 billion in 2022 and is expected to reach a value of around USD 32.10 Billion by 2030, at a compound annual growth rate (CAGR) of about 6.75 during the forecast period 2022 to 2030.”
Our recently published report, “Automotive HVAC Market”, offers a comprehensive and deep evaluation of the market stature. Also, the market report estimates the market size, revenue, price, market share, market forecast, growth rate, and competitive analysis.
Automotive HVAC Market: Overview
The HVAC is a small, versatile system that enables air circulation in car cabins by using a number of parts including fans, thermal exchangers, filters, etc. Due to rising passenger demand for comfort features including high-quality air conditioners, infotainment systems, and noise-free systems, the market will expand at a modest rate in the next years.
As passenger cars have evolved, producers of light commercial vehicles and big trucks are increasingly integrating HVAC systems into their products. According to the interior components of the vehicle, various HVAC providers offer various system designs, which will determine the effect of prospective design modifications on system performance.
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Growth Factors
The global need for air conditioning systems in adverse weather conditions and rising auto sales contribute to expanding the global Automotive HVAC market. Due to the rising need for better performance, air quality, and environmental concerns, automotive HVAC systems are increasingly used.
The factors driving the market expansion during the projected period include the increased demand for remote access control systems that improve air conditioning efficiency and lower fuel usage. A further factor driving market expansion is the adoption of energy-saving and environmentally friendly car HVAC systems in response to rising environmental consciousness among the general public.
The market is expanding as a result of the introduction of new HVAC systems with cutting-edge technologies that help demist windshields, defrost windows, and dehumidify air while improving passenger comfort. Other factors that contribute to the expansion of the global automotive HVAC market over the course of the projected period include increased consumer spending power, expanding demand for Electric Vehicles (EVs), and the adoption of several government programs to support energy-efficient systems.
Additionally, it is anticipated that the global expansion of research and development in the automotive industry would strengthen the technological expertise of the market’s competitors. In order to create new goods that provide them with a competitive edge in the industry, these market players are implementing cutting-edge technology in automotive HVAC. Another factor fueling the market’s expansion throughout the projection period is energy efficacy.
Manufacturers who use green technologies to create eco-friendly and energy-efficient vehicle HVAC systems are growing, which is another potential driving the market’s expansion. In the upcoming years, the Automotive HVAC industry will have development prospects due to new expanding markets, changing customer demographics, and strict regulatory restrictions.
(A free sample of the Automotive HVAC report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Automotive HVAC report has been modified to include the COVID-19 impact study prior to delivery.)
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Segmental Overview
The market for automotive HVAC is segmented into technology and vehicle type. According to the technology, the automatic category is expected to increase at the quickest rate. Due to the rising demand for automated automotive HVAC systems, which is a result of changing customer tastes and a rise in the popularity of premium automobiles, the automatic category is leading the global automotive HVAC market.
The development of HVAC technologies like automated air recirculation, automatic temperature controls, and fogging sensors, among others, is a contributing element to the global automotive HVAC market’s expansion.
The global market is divided into passenger cars, commercial vehicles, and electric vehicles depending on the manner of vehicle. The primary drivers of the expansion of the global automotive HVAC market in the passenger segment are the rising disposable income and the accessibility of various financing options. Moreover, Swashplate compressors are popular for usage in passenger automobiles due to their low cost and high efficiency. These options are often chosen by HVAC system makers, which broadens the market.
Regional Overview
The biggest market share of the total market was held by the Asia-Pacific in the automotive HVAC industry. A considerable portion of the demand for these systems comes from China, one of the biggest markets. Governmental efforts and support to revitalize the automobile sector in nations like China and India also contribute to the expansion of the industry.
A further factor in the expansion of the industry in the area is the rising demand for passenger cars coming from India as a result of rising living standards. High-end automobiles with comparable comfort amenities are more popular with consumers. Additionally, nations like Thailand and Malaysia are experiencing an increase in the manufacture of vehicles by multinational firms.
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Key questions answered in this report:
- What is the size of the Automotive HVAC market and what is its expected growth rate?
- What are the primary driving factors that push the Automotive HVAC market forward?
- What are the Automotive HVAC Industry’s top companies?
- What are the different categories that the Automotive HVAC Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Automotive HVAC market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Report Scope
Feature of the Report | Details |
Market Size in 2021 | USD 16.35 Billion |
Projected Market Size in 2030 | USD 32.10 Billion |
Market Size in 2022 | USD 18.10 Billion |
CAGR Growth Rate | 6.75% CAGR |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Prominent Players | DENSO Corporation, MAHLE GmbH, Valeo Group, Johnson Electric Holdings Ltd, Sanden Holdings Corporation, Japan Climate System Corporation, Brose Fahrzeugteile GmbH & Co. Kg, Air International Thermal Systems, Hanon Systems Corp., Marelli Corporation, Valeo, Calsonic Kansei Corporation, Keihin Corporation, Calsonic Kansei, Engineered Plastic Components, DelStar Technologies, Sanden Holdings Corporation, Behr GmbH, and Others |
Key Segment | By Technology, Vehicle type, and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Competitive Landscape
The players have implemented various strategies to expand in the global automotive HVAC market. The study contains a thorough competitive analysis of the major automotive HVAC market participants and information on their company overviews, recent developments, and vital business strategies.
Click Here to Access a Free Sample Report of the Global Automotive HVAC Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=21351
Prominent Players
- DENSO Corporation
- MAHLE GmbH
- Valeo Group
- Johnson Electric Holdings Ltd
- Sanden Holdings Corporation
- Japan Climate System Corporation
- Brose Fahrzeugteile GmbH & Co. Kg
- Air International Thermal Systems
- Hanon Systems Corp.
- Marelli Corporation
- Valeo
- Calsonic Kansei Corporation
- Keihin Corporation
- Calsonic Kansei
- Engineered Plastic Components
- DelStar Technologies
- Sanden Holdings Corporation
- Behr GmbH
- Others
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Browse the full “Automotive HVAC Market Size, Share, Growth Analysis Report By Products & Software, (Instruments, Consumable, LIMS), By Services (Heavy Metal Testing, Microbial Analysis, Potency, Residual Screening), By End-User (Cultivators, Laboratories, Research Institutes), and By Region – Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook, and Forecast 2022–2030” Report at https://www.custommarketinsights.com/report/automotive-hvac-market/
The global Automotive HVAC market is segmented as follows:
By Technology
- Automatic
- Manual
By Vehicle type
- Passengers Cars
- Commercial Vehicles
- Electric Vehicles
On the basis of Geography
North America
- The U.S.
- Canada
- Mexico
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
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This Automotive HVAC Market Research/Analysis Report Contains Answers to the following Questions.
- Which Manufacturing Technology is used for Automotive HVAC? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Automotive HVAC Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Automotive HVAC Market? What Was the Capacity, Production Value, Cost and PROFIT of the Automotive HVAC Market?
- What Is the Current Market Status of the Automotive HVAC Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of the Automotive HVAC Market by Considering Applications and Types?
- What Are Projections of the Global Automotive HVAC Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Automotive HVAC Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On The Automotive HVAC Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are the Market Dynamics of the Automotive HVAC Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for the Automotive HVAC Industry?
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Reasons to Purchase Automotive HVAC Market Report
- Automotive HVAC Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- The Automotive HVAC Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Automotive HVAC Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- The automotive HVAC Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Automotive HVAC market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
Directly Purchase a copy of the report [220+ Pages] @ https://www.custommarketinsights.com/report/automotive-hvac-market/
What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Automotive HVAC market analysis.
- The competitive environment of current and potential participants in the Automotive HVAC market is covered in the report, as well as those companies’ strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Click Here to Get a Free Sample Report of the Global Automotive HVAC Market @https://www.custommarketinsights.com/report/automotive-hvac-market/
Who should buy this report?
- Participants and stakeholders worldwide Automotive HVAC market should find this report useful. The research will be useful to all market participants in the Automotive HVAC industry.
- Managers in the Automotive HVAC sector are interested in publishing up-to-date and projected data about the worldwide Automotive HVAC market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Automotive HVAC products’ market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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