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World Air Conditioning Market - Opportunities and Forecasts, 2017 - 2023

  • ID: 3773427
  • Report
  • September 2019
  • Region: Global
  • Allied Analytics LLP
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A system that conditions air is termed as air conditioning. In automobile, air conditioners are used for cooling, heating, and filtration. The system also reduces humidity and moisture from air. In addition, clean and fresh air with low humidity helps drivers prevent drowsiness. Today, the market is flooded with air conditioners that are eco-friendly and offer maximum comfort to passengers. Technological advancements along with the need to reduce carbon dioxide emissions present new pathways for air conditioning systems in automobiles.

Increasing vehicle production and demand for optimum comfort during driving are some of the factors driving growth of the market. However, concerns over mechanical failure and high maintenance cost have hindered the growth of the market to a greater extent. Technological advancements are creating greater opportunities in the market.

The global air conditioning market is segmented based on technology, component, vehicle type, and geography. The technology segment includes manual/semi-automatic and automatic. The component segment covered in the report focus on compressor, evaporator, drier/receiver, and condenser. Based on vehicle type, the market is categorized into PC, LCV, HCV, off-highway, and locomotive. Regions, such as North America, Asia-Pacific, Europe, and Rest of the World (RoW) would experience tremendous growth.

The leading manufacturers operating in the market are Denso Corporation, Eberspaecher Holding GmbH & Co. KG, MAHLE GmBH, Hanon Systems, Calsonic Kansei Corporation, Keihin Corporation, Sanden Holdings Corporation, Mitsubishi Heavy Industries Ltd., Valeo SA, and Subros Limited. Various strategies adopted by leading manufacturers are partnerships, mergers & acquisitions, joint ventures, and others to sustain in the market.

KEY BENEFITS FOR STAKEHOLDERS:

The report offers an in-depth analysis of key driving and restraining factors of the global air conditioning market.
An extensive analysis of dominant market shares for each segment helps in understanding the current status of market.
This report offers an in-depth quantitative analysis of the current market and estimations through 2015 and 2020, which assists in identifying the prevailing market opportunities.
The report provides an extensive analysis of current and future market status of the global air conditioning market.
An in-depth analysis of key strategies adopted by leading manufacturers helps in understanding competitive scenario.
An in-depth analysis of current research and clinical developments within the global air conditioning market is provided with key market dynamic factors that helps in understanding the behaviour of the market.
Geographically, the global air conditioning market is segmented into North America, Asia-Pacific, Europe, and Rest of the World (RoW).

AIR CONDITIONING KEY MARKET SEGMENTS:

Air Conditioning Market By Technology

Manual/Semi-Automatic
Automatic

Air Conditioning Market By Component

Compressor
Evaporator
Drier/Receiver
Condenser

Air Conditioning Market By Vehicle Type

PC
LCV
HCV
Off-Highway
Locomotive

Air Conditioning Market By Geography

North America
Asia-Pacific
Europe
Rest of the World (RoW).

Key Market Players:

Denso Corporation
Eberspaecher Holding GmbH & Co. KG
MAHLE GmBH
Hanon Systems
Calsonic Kansei Corporation
Keihin Corporation
Sanden Holdings Corporation
Mitsubishi Heavy Industries Ltd.
Valeo SA
Subros Limited

Note: Product cover images may vary from those shown
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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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