Automotive HVAC Market – 2019 Size, Share, Growth, Trends, Regional Analysis With Global Industry Forecast To 2023
Automotive HVAC Market 2019 Global Industry Forecast to 2023 is latest report published by Market Research Future. Global Automotive HVAC Market is to grow at healthy 9% CAGR by 2023. Global Automotive HVAC Market by Technology, Component, Vehicle Type and region with Forecast To 2023.
Pune, India – August 7, 2019 /MarketersMedia/ —
Automotive HVAC Market 2019 Global Size, Growth Trends, And Regional Outlook to 2023 is latest report published by Market Research Future. Global Automotive HVAC Market is to grow at healthy 9% CAGR by 2023. Global Automotive HVAC Market by Technology (Manual and Automatic), by Component (Evaporator, Compressor, Condenser, Receiver/Drier and Expansion Device), by Vehicle Type (Passenger Cars, LCV, and HCV) and region with Forecast To 2023.
Automotive HVAC Key Players Analyzed in Report:
Japan Climate Systems Corporation, Johnson Electric Holdings Limited, MAHLE GmbH, Hanon Systems, Denso Corporation, Valeo, Sanden Corporation, Calsonic Kansei Corporation, The Keihin Corporation, and Sensata Technologies.
Get Free Sample “Automotive HVAC Market Research Report-Global Forecast till 2023” at: https://www.marketresearchfuture.com/sample_request/2113
Automotive HVAC Market Highlights:
Increased incorporation of technologically advanced solutions has enhanced the comfortability and passenger experience in automobiles. Automotive HVAC is a heating, ventilation and air conditioning system that maintains ambient indoor conditions in a vehicle. The global automotive HVAC market is expected to exhibit a strong 9% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global automotive HVAC market is likely to be driven by the growing demand for luxuries in automobiles, as the growing disposable incomes of consumers around the world have led to an increasing demand for premium automobiles fitted with the latest in automotive amenities.
Rapid rise in population and increased disposable income have induced high demand for passenger vehicles that are equipped with technologically advanced systems for enhancing the travel experience and improving comfort in the vehicles. Rise in adoption of advanced technology by the automotive sector and high demand for advanced systems to maintain the indoor temperature in the vehicles are majorly driving the growth of the global automotive HVAC market. In addition to the traditional strong points of cooling capacity, the modern consumer is increasingly attracted to HVAC units that are kinder to the planet and leave a less harmful carbon footprint. The emission of toxic and environmentally unfavourable gases from HVAC units has long been an Achilles’ heel for the industry, which otherwise has steadily progressed due to the growing demand for consumer amenities.
Global Automotive HVAC Market Segments:
The global automotive HVAC market has been segmented based on technology, component and vehicle type.
Based on technology, the global automotive HVAC market has been segmented into manual and automatic. The automatic HVAC segment command for the major share in the global automotive HVAC market owing to the high demand for automated services by the consumers.
Based on component, the automotive HVAC market has been segmented into evaporator, compressor, condenser, receiver/drier and expansion device.
Based on vehicle type, the automotive HVAC market has been segmented into passenger cars, light commercial vehicles (LCV) and heavy commercial vehicles (HCV). Among these, the passenger cars segment commands for the largest share in the global automotive HVAC market owing to the high demand for HVAC in the passenger vehicles.
Global Automotive HVAC Market Regional Overview:
Asia Pacific is likely to be the dominant force in the global automotive HVAC market over the forecast period due to the growing demand for automobiles from the consumers in this region. The demand for passenger cars has seen rapid growth in Asia Pacific over the last few decades due to the increasing initiation of open markets and free flow of economy, resulting in an increasing disposable income for consumers in the region. This has also driven the demand for progressive developments in automotive HVAC technology, as the region is situated close to the equator, and is thus generally hot. The demand for strong, premium automotive HVAC modules has thus shot up in the region and is likely to be a dominant feature of the automotive HVAC market over the forecast period.
The Europe region is projecting significant growth in the global automotive HVAC market owing to the high demand for HVAC due to extremely low-temperature conditions that persist throughout the year in various areas of this region.
Growing per capita income, rise in demand for passenger vehicles and higher standard of living are propelling the growth of the automotive HVAC market in the North America region.
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 Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global Automotive HVAC Market, By Technology
5.1 Introduction
5.2 Manual
5.2.1 Market Estimates & Forecast, 2017-2023
5.2.2 Market Estimates & Forecast By Region, 2017-2023
5.3 Automatic
5.3.1 Market Estimates & Forecast, 2017-2023
5.3.2 Market Estimates & Forecast By Region, 2017-2023
6 Global Automotive HVAC Market, By Component
6.1 Introduction
6.2 Evaporator
6.2.1 Market Estimates & Forecast, 2017-2023
6.2.2 Market Estimates & Forecast By Region, 2017-2023
6.3 Compressor
6.3.1 Market Estimates & Forecast, 2017-2023
6.3.2 Market Estimates & Forecast By Region, 2017-2023
6.4 Condenser
6.4.1 Market Estimates & Forecast, 2017-2023
6.4.2 Market Estimates & Forecast By Region, 2017-2023
6.5 Receiver/Drier
6.5.1 Market Estimates & Forecast, 2017-2023
6.5.2 Market Estimates & Forecast By Region, 2017-2023
6.6 Expansion Device
6.6.1 Market Estimates & Forecast, 2017-2023
6.6.2 Market Estimates & Forecast By Region, 2017-2023
7 Global Automotive HVAC Market, By Vehicle Type
7.1 Introduction
7.2 Passenger Cars
7.2.1 Market Estimates & Forecast, 2017-2023
7.2.2 Market Estimates & Forecast By Region, 2017-2023
7.3 Light Commercial Vehicles (LCV)
7.3.1 Market Estimates & Forecast, 2017-2023
7.3.2 Market Estimates & Forecast By Region, 2017-2023
7.4 Heavy Commercial Vehicles (HCV)
7.4.1 Market Estimates & Forecast, 2017-2023
7.4.2 Market Estimates & Forecast By Region, 2017-2023
Continued…
List Of Tables:
Table 1 Global Automotive HVAC Market: By Region, 2017-2023
Table 2 North America Automotive HVAC Market: By Country, 2017-2023
Table 3 Europe Automotive HVAC Market: By Country, 2017-2023
Table 4 Asia Pacific Automotive HVAC Market: By Country, 2017-2023
Table 5 RoW Automotive HVAC Market: By Country, 2017-2023
Table 6 Global Automotive HVAC Market, By Technology, By Regions, 017-2023
Table 7 North America Automotive HVAC Market, By Technology, By Country, 2017-2023
Continued…
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
FIGURE 8 Global Automotive HVAC Market Share, By Technology, 2016 (%)
FIGURE 9 Global Automotive HVAC Market, By Technology, 2015-2023 (USD MILLION)
Continued…
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