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Automotive HVAC Market – 2019 Global Size, Share, Emerging Technologies, Industry Trends, Growth, Opportunity Assessment, And Forecast To 2023

The report on the global Automotive HVAC Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player’s market share analysis, competitive landscape and supply chain analysis.

Pune, India – February 28, 2019 /MarketersMedia/

Automotive HVAC Market Poised To Grow Remarkably At 9% CAGR during the Forecast Period (2019-2023).

Market Highlights:

The global automotive HVAC (heating, ventilation, and air conditioning) market is projected to expand at a 9% CAGR (2018 to 2023), as per a new report by Market Research Future (MRFR). 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.

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Companies Covered:

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)
Japan Climate Systems Corporation (Japan)

Market Segments Analysis:

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.

Regional Analysis:

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. The Asia Pacific market is expected to drive the growth of this market. India and China have healthy growing economies, which will drive the automotive market in this region. Japan is leading the Asia Pacific market in the automotive innovation. Large sales of automobiles are expected in this region due to large population, increasing demand for passenger vehicles, growing per capita income of the middle class, and a higher standard of living. In addition to considerable humidity, the temperature over this region is quite high, which demands the use of HVAC systems for a pleasurable driving experience. The Europe region has quite high demand for the HVAC systems due to extreme low-temperature conditions persisting almost throughout the year.

Intended Audience:

Automotive HVAC Market Key Company
Automotive HVAC Market firms
Research/Consultancy firms
The report for Global Automotive HVAC Market of Market Research Future covers extensive primary research. This is accompanied with a detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a neat picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.

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 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis


List Of Tables

Table 1 Global Automotive HVAC Market: By Region, 2018 2023

Table 2 North America Automotive HVAC Market: By Country, 2018 2023

Table 3 Europe Automotive HVAC Market: By Country, 2018 2023

Table 4 Asia-Pacific Automotive HVAC Market: By Country, 2018 2023

Table 5 RoW Automotive HVAC Market: By Country, 2018 2023

Table 6 Global Automotive HVAC Market, By Component, By Regions, 2018 2023


List Of Figures:

FIGURE 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


Browse more details on Report at: https://www.marketresearchfuture.com/reports/automotive-hvac-market-2113
About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: abhishek sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 528,, Amanora Chambers Magarpatta Road, Pune, India.,
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/automotive-hvac-market-2113

Source URL: https://marketersmedia.com/automotive-hvac-market-2019-global-size-share-emerging-technologies-industry-trends-growth-opportunity-assessment-and-forecast-to-2023/487368

Source: MarketersMedia

Release ID: 487368

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