Automotive HVAC Market 2018 Global Industry Size, Share, Growth Factors, Trends, Key Company, Opportunities, Competitive Landscape, And Regional Forecast To 2023
Automotive HVAC Market 2018 Global Industry report provides comprehensive information on the Automotive HVAC Market size, share, trends, growth forecast as well as current scenario, historic data, with business development strategies, key company insights And regional outlook to 2023.
Pune, India – October 19, 2018 /MarketersMedia/ —
Automotive HVAC Market 2018 Global Industry Analysis To 2023 is new research report, published by “Market Research Future”.The global Automotive HVAC Market is segmented by Technology (Manual and Automatic), by Component (Evaporator, Compressor, Condenser, Receiver/Drier and Expansion Device), by Vehicle Type (Passenger Cars, LCV, and HCV) and regions – Forecast till 2023.
Automotive HVAC Market Key Players Analyzed In Report Are:
Denso Corporation (Japan). Hanon Systems (South Korea), MAHLE GmbH (Germany), Johnson Electric Holdings Limited (Hong Kong) and Japan Climate Systems Corporation (Japan), Sensata Technologies (U.S.), The Keihin Corporation (Japan), Calsonic Kansei Corporation (Japan), Sanden Corporation (Japan), Valeo (France).
Get Sample Copy of ” Automotive HVAC Market Research Report-Forecast 2023″ At: https://www.marketresearchfuture.com/sample_request/2113
Automotive HVAC Market Insights:
Automotive HVAC Market Poised To Grow Remarkably At 9% CAGR during the Forecast Period (2018-2023). 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.
Increasing demand for thermal systems and automatic climate control features in the automobiles, usage in personal automobiles particularly in the urban sector, and also global warming and climate changes drive the automotive HVAC market. Rise in temperatures worldwide are leading to greater demand for ambient temperatures inside cars. Additionally, increasing awareness regarding the use of environment-friendly refrigerants and automotive coolants in HVAC systems can drive demand for advanced and technically evolved HVAC systems, hence increasing their sales.
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.
On the basis of technology, the market is segmented into manual and automatic. Budget vehicles generally install manual HVAC. These systems involve all the functional components of the HVAC system, which requires being switched on manually. The system thus requires the physical effort of kick-starting the HVAC system in motion and does not sense the outside temperature. Therefore, the temperature inside the automobile is required to be set manually, according to the individual requirement of the passengers or the driver. The automatic HVAC system, senses the outside ambient temperature and is set in motion automatically. The outside temperature is measured by a sensor, which feeds this data to a central electronic unit (CEU).
The CEU is also provided with data containing the temperature readings of the automobile interiors. The CEU compares the two temperatures and automatically starts the HVAC and brings the required temperature inside the automobile to a level where the passengers would be comfortable. The system also starts when the automobile engine is started and requires constant real-time temperature data of the outside and inside of the automobile.
Detailed Regional Outlook:
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.
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Table Of Content:
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 Bargaining Power Of Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/Supply Chain Analysis
Continued…
List Of Figures:
FIURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 MARKET DYNAMICS
FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 7 VALUE CHAIN ANALYSIS
FIGURE 8 GLOBAL AUTOMOTIVE HVAC MARKET SHARE, BY TYPE, 2016 (%)
Continued…
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