World Automotive HVAC System Market - Opportunities and Forecasts, 2015-2022

  • ID: 3773326
  • Report
  • Region: Global
  • 140 pages
  • Allied Analytics LLP
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World Automotive HVAC System Market Is Expected to Reach $22.8 Billion by 2022

FEATURED COMPANIES

  • Denso Corporation
  • Hanon Systems (HVCC)
  • Johnson Electric
  • Keihin Corporation
  • MAHLE GmbH
  • Sensata Technologies Inc.
  • MORE
Heating, ventilation, and air conditioning (HVAC) system in a vehicle is used for controlling the internal temperature of the vehicle cabin. It includes three subsystems, namely, heating, cooling, and air conditioning, that work together to provide purified air to the vehicle cabin, ensuring thermal comfort to drivers and passengers. It controls the air temperature, inspects the moisture content in the air, and eliminates excessive humidity from the circulating air. Well-established companies, such as Audi, Mercedes, and BMW, focus on customized and consumer-friendly HVAC systems. For instance, the BMW 6 Series supports automatic air conditioning, including air distribution for driver and passengers, fogging sensor, and automatic climate control system.

The market growth is driven by automatic climate control feature, increasing demand for thermal systems, rising safety concerns, and adoption of eco-friendly refrigerants. On the other hand, the use of polluting refrigerants is expected to hinder the adoption of this system. Use of environment-saving refrigerants and adoption of geothermal pumps are anticipated to foster the growth of the market.

The world automotive HVAC market is segmented on the basis of technology, vehicle type, and geography. On the basis of technology, it is categorized into manual and automatic; whereas by vehicle type, it is categorized into passenger cars, and commercial vehicles, including light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs). On the basis of geography, it is segmented into North America, Europe, Asia-Pacific, and LAMEA. However, Asia-Pacific, specifically countries including China, Japan, South Korea, and India, is expected to show a significant growth during the analysis period.

Key players operating in the world automotive HVAC market are, Sensata Technologies Inc., Calsonic Kansei Corporation, Denso Corporation, Hanon Systems, Keihin Corporation, Johnson Electric Holdings Ltd, Sanden Holdings Corporation, Valeo, Japan Climate Systems Corporation and MAHLE GmbH.

KEY BENEFITS

The report includes an in-depth analysis of the world automotive HVAC system market, including current trends, drivers, restraints, and growth opportunities.
Porter’s Five Forces model illustrates the potency of buyers and sellers, which is expected to help market players to adopt effective strategies.
Value chain analysis provides a clear understanding of the key intermediaries involved and their respective roles at every stage.
Key market players are profiled to provide an understanding of the strategies adopted by them.
Quantitative analysis of current market trends and future estimations for 2016-2022 are provided to indicate the financial competency.

AUTOMOTIVE HVAC SYSTEM MARKET SEGMENTATION

Automotive HVAC Market - By Technology

Manual
Automatic
Automotive HVAC Market - By Vehicle Type

Cars
Commercial Vehicles
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)
Automotive HVAC Market - By Geography

North America
U.S.
Canada
Mexico
Europe
Germany
Spain
U.K.
France

Rest of Europe
Asia-Pacific
China
India
Japan
South Korea

Rest of Asia-Pacific
LAMEA
South Africa
Brazil
U.A.E

Rest of LAMEA

KEY PLAYERS

Sensata Technologies Inc.
Keihin Corporation
Calsonic Kansei Corporation
Sanden Holdings Corporation
Valeo
Denso Corporation
Hanon Systems
Johnson Electric Holdings Ltd
Japan Climate Systems Corporation
Mahle GmbH
READ MORE
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Denso Corporation
  • Hanon Systems (HVCC)
  • Johnson Electric
  • Keihin Corporation
  • MAHLE GmbH
  • Sensata Technologies Inc.
  • MORE
Chapter: 1 INTRODUCTION
1.1 Report description
1.2 Key benefits
1.3 Market segmentation
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY
2.1 CXO perspective

Chapter: 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings

3.2.1 Top impacting factors
3.2.2 Top investment pockets
3.2.3 Top winning strategies

3.3 Porters five forces analysis

3.3.1 Moderate threat of backward integration and availability of raw materials lead to moderate bargaining power of suppliers
3.3.2 Low switching cost and possibility of backward integration lead to high bargaining power of buyers
3.3.3 Unavailability of substitute products results in low threat of substitution
3.3.4 Presence of global market players and moderate product differentiation result in moderate competitive rivalry
3.3.5 High capital investment and stringent government regulations minimize the threat of new entrants

3.4 Value chain analysis
3.5 Market share analysis, 2015
3.6 HVAC components- an overview

3.6.1 Evaporator
3.6.2 Condenser
3.6.3 Accumulator
3.6.4 Compressor
3.6.5 Receiver-drier
3.6.6 Expansion valve
3.6.7 Others (heating core, equipment fan, orifice tube)

3.7 Market dynamics

3.7.1 Drivers

3.7.1.1 Automatic temperature control system
3.7.1.2 Use of eco-friendly refrigerants
3.7.1.3 Increase in safety
3.7.1.4 Demand for thermal comfort

3.7.2 Restraints

3.7.2.1 Use of r134a refrigerant

3.7.3 Opportunities

3.7.3.1 Use of environment friendly refrigerants
3.7.3.2 Adoption of geo-thermal heat pumps

Chapter: 4 WORLD AUTOMOTIVE HVAC SYSTEM MARKET BY TECHNOLOGY
4.1 Overview
4.2 Manual

4.2.1 Key trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast

4.3 Automatic

4.3.1 Key trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast

Chapter: 5 WORLD AUTOMOTIVE HVAC SYSTEM MARKET BY VEHICLE TYPE
5.1 Overview
5.2 Cars

5.2.1 Key trends
5.2.2 Key growth factors and opportunities
5.2.3 Market size and forecast

5.3 Commercial vehicle

5.3.1 Market size and forecast
5.3.2 Light commercial vehicle (LCV)

5.3.2.1 Key trends
5.3.2.2 Key growth factors and opportunities
5.3.2.3 Market size and forecast

5.3.3 Heavy commercial vehicle (HCV)

5.3.3.1 Key trends
5.3.3.2 Key growth factors and opportunities
5.3.3.3 Market size and forecast

Chapter: 6 WORLD AUTOMOTIVE HVAC SYSTEM MARKET BY GEOGRAPHY
6.1 Overview
6.2 North America

6.2.1 Key trends
6.2.2 Key growth factors and opportunities
6.2.3 Market size and forecast

6.2.3.1 U.S.
6.2.3.2 Canada
6.2.3.3 Mexico

6.3 Europe

6.3.1 Key trends
6.3.2 Key growth factors and opportunities
6.3.3 Market size and forecast

6.3.3.1 Germany
6.3.3.2 Spain
6.3.3.3 U.K.
6.3.3.4 France
6.3.3.5 Rest of Europe

6.4 Asia-Pacific

6.4.1 Key trends
6.4.2 Key growth factors and opportunities
6.4.3 Market size and forecast

6.4.3.1 China
6.4.3.2 Japan
6.4.3.3 South Korea
6.4.3.4 India
6.4.3.5 Rest of Asia-Pacific

6.5 LAMEA

6.5.1 Key trends
6.5.2 Key growth factors and opportunities
6.5.3 Market size and forecast

6.5.3.1 South Africa
6.5.3.2 Brazil
6.5.3.3 United Arab Emirates
6.5.3.4 Rest of LAMEA

Chapter: 7 COMPANY PROFILES
7.1 Denso Corporation

7.1.1 Company overview
7.1.2 Operating business segments
7.1.3 Business performance
7.1.4 Strategic moves and developments
7.1.5 SWOT analysis

7.2 Valeo S.A.

7.2.1 Company overview
7.2.2 Operating business segments
7.2.3 Business performance
7.2.4 Strategic moves and developments
7.2.5 SWOT analysis

7.3 Hanon Systems (HVCC)

7.3.1 Company overview
7.3.2 Operating business segments
7.3.3 Business performance
7.3.4 Strategic moves and developments
7.3.5 SWOT analysis

7.4 MAHLE GmbH

7.4.1 Company overview
7.4.2 Operating business segments
7.4.3 Business performance
7.4.4 Strategic moves and developments
7.4.5 SWOT analysis

7.5 Calsonic Kansei Corporation

7.5.1 Company overview
7.5.2 Operating business segments
7.5.3 Business performance
7.5.4 Strategic moves and developments
7.5.5 SWOT analysis

7.6 Johnson Electric

7.6.1 Company overview
7.6.2 Operating business segments
7.6.3 Business performance
7.6.4 Strategic moves and developments
7.6.5 SWOT analysis

7.7 Sanden Holdings Corporation

7.7.1 Company overview
7.7.2 Operating business segments
7.7.3 Business performance
7.7.4 SWOT analysis & strategic conclusions

7.8 Sensata Technologies, Inc.

7.8.1 Company overview
7.8.2 Operating business segments
7.8.3 Business performance
7.8.4 SWOT analysis

7.9 Japan Climate Systems Corporation

7.9.1 Company overview
7.9.2 Operating business segments
7.9.3 SWOT analysis

7.10 Keihin Corporation

7.10.1 Company overview
7.10.2 Operating business segments
7.10.3 Business performance
7.10.4 Strategic moves and developments
7.10.5 SWOT analysis

Table 1 World Automotive Hvac Systems Market By Geography, 2015-2022 ($Million)
Table 2 World Automotive Hvac System Market By Technology, 2015-2022 ($Million)
Table 3 World Automotive Manual Hvac System Market By Geography, 2015-2022 ($Million)
Table 4 World Automatic Automotive Hvac System Market By Geography, 2015-2022 ($Million)
Table 5 World Automotive Hvac System Market By Vehicle Type, 2015-2022 ($Million)
Table 6 World Car Hvac System Market By Geography 2015-2022 ($Million)
Table 7 World Commercial Vehicle Hvac System Market By Geography 2015-2022 ($Million)
Table 8 World Light Commercial Vehicle Hvac System Market By Geography, 2015-2022 ($Million)
Table 9 World Heavy Commercial Vehicle Hvac System Market By Geography, 2015-2022 ($Million)
Table 10 North America Automotive Hvac System Market By Vehicle Type, 2015-2022 ($Million)
Table 11 North America Automotive Hvac System Market By Country, 2015-2022 ($Million)
Table 12 Europe Automotive Hvac System Market By Vehicle Type, 2015-2022 ($Million)
Table 13 Europe Automotive Hvac System Market By Country, 2015-2022 ($Million)
Table 14 Asia-Pacific Automotive Hvac System Market By Vehicle Type, 2015-2022 ($Million)
Table 15 Asia-Pacific Automotive Hvac System Market By Country, 2015-2022 ($Million)
Table 16 Fleet Average Co2 Emissions In South Korea
Table 17 Lamea Automotive Hvac System Market By Vehicle Type, 2015-2022 ($Million)
Table 18 Lamea Automotive Hvac System Market By Country, 2015-2022 ($Million)
Table 19 Denso Corporation Company Snapshot
Table 20 Denso Corporation Operating Business Segments
Table 21 Valeo Company Snapshot
Table 22 Valeo Operating Business Segments
Table 23 Hanon Sysytems Company Snapshot
Table 24 Hanon Systems Operating Business Segments
Table 25 Mahle Gmbh. Company Snapshot
Table 26 Mahle Gmbh Operating Business Segments
Table 27 Calsonic Kansei Corporation Company Snapshot
Table 28 Calsonic Kansei Corporation Operating Business Segments
Table 29 Johnson Electric Company Snapshot
Table 30 Johnson Electric Operating Business Segments
Table 31 Sanden Holdings Corporation Company Snapshot
Table 32 Sanden Holdings Corporation Operating Business Segments
Table 33 Sensata Technologies, Inc. Company Snapshot
Table 34 Sensata Technologies Inc. Operating Business Segments
Table 35 Japan Climate Systems Corporation Company Snapshot
Table 36 Japan Climate Systems Corporation Operating Business Segments
Table 37 Keihin Corporation Company Snapshot
Table 38 Keihin Corporation Operating Business Segments

Fig. 1 Top Impacting Factors
Fig. 2 Top Investment Pockets
Fig. 3 Top Winning Strategy Analysis In Automotive Hvac System Market
Fig. 4 Top Winning Strategy Analysis In Automotive Hvac System Market (% Comparison)
Fig. 5 Porters Five Forces Analysis Of Automotive Hvac System Market
Fig. 6 Value Chain Analysis Of Automotive Hvac System Market
Fig. 7 Market Share Analysis, 2015
Fig. 8 Comparative Market Share Analysis Of World Automotive Hvac System Market By Technology, 2015-2022 (% Share)
Fig. 9 Comparative Regional Market Share Analysis Of World Automotive Manual Hvac System Market, 2015 & 2022 (% Share)
Fig. 10 World Automotive Manual Hvac System Market Revenue, 2015- 2022 ($Million)
Fig. 11 World Automotive Manual Hvac System Market Revenue By Geography, 2015- 2022 (%)
Fig. 12 Comparative Regional Market Share Analysis Of World Automatic Hvac System Market, 2015 & 2022 (% Share)
Fig. 13 World Automatic Hvac System Market Revenue, 2015- 2022 ($Million)
Fig. 14 World Automatic Hvac System Market Revenue By Geography, 2015- 2022 (%)
Fig. 15 Comparative Market Share Analysis Of World Automotive Hvac Market By Vehicle Type, 2015 & 2022 (% Share)
Fig. 16 Comparative Regional Market Share Analysis Of World Car Hvac System Market, 2015 & 2022 (% Share)
Fig. 17 World Car Hvac System Market Revenue, 2015- 2022 ($Million)
Fig. 18 World Car Hvac System Market Revenue, 2015- 2022 (%)
Fig. 19 World Commercial Vehicle Hvac System Market Revenue, 2015- 2022 ($Million)
Fig. 20 World Commercial Vehicle Hvac System Market Revenue, 2015- 2022 (%)
Fig. 21 Comparative Regional Market Share Analysis Of World Light Commercial Vehicle Hvac System Market, 2015 & 2022 (% Share)
Fig. 22 World Light Commercial Vehicle Hvac System Market Revenue, 2015 2022 ($Million)
Fig. 23 World Light Commercial Vehicle Hvac System Market Revenue, 2015 2022 (%)
Fig. 24 Comparative Regional Market Share Analysis Of World Heavy Commercial Vehicle Hvac System Market, 2015 & 2022 (% Share)
Fig. 25 World Heavy Commercial Vehicle Hvac System Market Revenue, 2015 2022 ($Million)
Fig. 26 World Heavy Commercial Vehicle Hvac System Market Revenue, 2015 2022 (%)
Fig. 27 Comparative Market Share Analysis Of World Automotive Hvac System Market By Vehicle Type, 2015 & 2022 (% Share)
Fig. 28 Comparative Automotive Hvac System Market Share Analysis Of North American Market, 2015 & 2022 (% Share)
Fig. 29 North America Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 30 North America Automotive Hvac System Market, 2015-2022 (%)
Fig. 31 U.S. Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 32 Canada Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 33 Mexico Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 34 Evolution Of Co2 Emissionsby Fuel
Fig. 35 Comparative Automotive Hvac System Market Share Analysis Of European Market, 2015 & 2022 (% Share)
Fig. 36 Europe Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 37 Europe Automotive Hvac System Market, 2015-2022 (%)
Fig. 38 Germany Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 39 Spain Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 40 U.K. Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 41 France Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 42 Rest Of Europe Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 43 Comparative Automotive Hvac System Market Share Analysis Of Asia-Pacific Market, 2015 & 2022 (% Share)
Fig. 44 Asia-Pacific Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 45 Asia-Pacific Automotive Hvac System Market, 2015-2022 (%)
Fig. 46 China Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 47 Japan Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 48 South Korea Automotive Hvac System Marekt, 2015-2022 ($Million)
Fig. 49 India Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 50 Rest Of Asia-Pacific Automotive Hvac System Market, 2015-222 ($Million)
Fig. 51 Comparative Automotive Hvac System Market Share Analysis Of Lamea Market, 2015 & 2022 (% Share)
Fig. 52 Lamea Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 53 Lamea Automotive Hvac System Market, 2015-2022 (%)
Fig. 54 South Africa Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 55 Brazil Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 56 United Arab Emirates Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 57 Manufacturing Plants In Tangier And Casablanca
Fig. 58 Rest Of Lamea Automotive Hvac System Market, 2015-2022 ($Million)
Fig. 59 Denso Corporation: Revenue, 2013-2015 ($ Million)
Fig. 60 Denso Corporation: Revenue, By Geography (%)2015
Fig. 61 Denso Corporation Swot Analysis
Fig. 62 Valeo: Sales, 2013-2015 ($ Million)
Fig. 63 Valeo: Sales By Geography (%), 2015
Fig. 64 Valeo Swot Analysis
Fig. 65 Hanon Systems: Sales Revenue, 2012-2014 ($ Million)
Fig. 66 Hanon Sysytems: Sales Revenue, By Geography(%), 2014
Fig. 67 Hanon Systems Swot Analysis
Fig. 68 Mahle Gmbh: Net Sales, 2013-2015 ($ Million)
Fig. 69 Mahle Gmbh: Net Sales, By Geography (%) 2015
Fig. 70 Mahle Gmbh Swot Analysis
Fig. 71 Calsonic Kansei Corporation: Net Sales ,2014 ( $Million)
Fig. 72 Calsonic Kansei Corporation: Net Sales, By Geography (%) ,2014
Fig. 73 Calsonic Kansei Corporation Swot Analysis
Fig. 74 Johnson Electric: Net Sales ,2013-2015 ($Million)
Fig. 75 Johnson Electric: Net Sales, By Geography (%),2015
Fig. 76 Johnson Electric Swot Analysis
Fig. 77 Total Sales Of Sanden Holdings Corporations 2013-2015, ($Million)
Fig. 78 Total Sales Of Sanden Holdings Corporations By Segment, 2015 (Percentage Comparision)
Fig. 79 Net Sales Of Sensata Technologies, Inc. 2013-2015, ($ Million)
Fig. 80 Sensata Technologies: Net Sales, By Segment (%Million), 2015
Fig. 81 Sensata Technologies Inc.- Swot Analysis
Fig. 82 Japan Climate Systems Corporation Swot Analysis
Fig. 83 Keihin Corporation: Net Sales, 2013-2015, ($Million)
Fig. 84 Keihin Corporation: Net Sales, By Geography (%), 2015
Fig. 85 Keihin Corporation Swot Analysis
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FEATURED COMPANIES

  • Denso Corporation
  • Hanon Systems (HVCC)
  • Johnson Electric
  • Keihin Corporation
  • MAHLE GmbH
  • Sensata Technologies Inc.
  • MORE
According to a recent report published by Allied Market Research, titled, World Automotive HVAC System Market, the world automotive HVAC system market is estimated to reach $22.8 billion, growing at a significant CAGR of 8.9% from 2016 to 2022. Asia-Pacific is expected to dominate the market throughout the analysis period, growing at the highest CAGR of 10.2% during the forecast period. Factors such as automatic climate control feature, adoption of eco-friendly refrigerant and use of geothermal heat pumps have resulted in the overall increase in demand for automotive HVAC systems. However, high maintenance cost and low fuel economy are likely to affect the market growth.

Vehicle manufacturers provide HVAC systems that allow individuals to control cabin temperatures as per their comfort. Automakers aim at adopting environment-friendly refrigerants such as R1234yf, in their HVAC systems, as an effort to provide fuel efficiency with improved performance and with mitigating hazardous risks

On the basis of vehicle type, passenger cars generated higher revenue in comparison to commercial vehicles, accounting for over 67% of the market revenue in 2015. Automakers tend to provide passenger cars and commercial vehicles with faster cooling and fuel efficient HVAC systems. As per European Union regulations, all the vehicles in Europe should have HVAC systems with non-polluting refrigerants, with a GWP (global warming potential) lesser than 150, effective from January 2017.

Automotive HVAC systems can be operated manually or automatically. Automatic HVAC system dominated the market in 2015, contributing around 59% of the total revenue. Automatic climate control system inside the vehicle cabin is to be set for once and the HVAC system adjusts the temperature automatically depending on the outside temperature of the vehicle. Such factors would drive the adoption of automatic HVAC system, particularly in passenger cars.

Based on geography, Asia-Pacific was the highest revenue-generating region, accounting for over 46% share in 2015, in terms of revenue, owing to high vehicle production in China, Japan, South Korea, and India. Asia-Pacific is estimated to dominate the market witnessing a CAGR of 10.2% during the forecast period, owing to increasing adoption of eco-friendly refrigerants and large-scale production of commercial and passenger vehicles.

Key findings:

Asia-Pacific is expected to be one of the fastest growing regions, in terms of revenue, growing at a CAGR of 10.2% from 2016 to 2022.
Light commercial vehicles contributed around two-thirds of the revenue in 2015, and is anticipated to grow at a high CAGR of 8.1% during the forecast period.
Automatic HVAC system is expected to maintain its dominance throughout the forecast period.
Leading players in the automotive HVAC system market have adopted strategies such as collaborations, product launches, and acquisitions to expand their market presence. Key players include Sensata Technologies, Inc., Calsonic Kansei Corporation, Denso Corporation Hanon Systems, Johnson Electric Holdings Ltd, Sanden Holdings Corporation, Valeo, Japan Climate Systems Corporation, Keihin Corporation and Mahle GmbH.
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- Denso Corporation
- Valeo S.A.
- Hanon Systems (HVCC)
- MAHLE GmbH
- Calsonic Kansei Corporation
- Johnson Electric
- Sanden Holdings Corporation
- Sensata Technologies Inc.
- Japan Climate Systems Corporation
- Keihin Corporation
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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