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Automotive HVAC Global Market Report 2024

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    Report

  • 200 Pages
  • December 2023
  • Region: Global
  • The Business Research Company
  • ID: 5744309
Automotive HVAC, short for heating, ventilation, and air conditioning, encompasses the technology designed to provide indoor and ambient comfort in vehicles. This system integrates three subsystems - heating, cooling, and air conditioning - to deliver clean air through ventilation, regulate air temperature, monitor moisture content, and eliminate excess humidity from circulating air. Its primary purpose is to control the overall temperature and climate within the vehicle.

The main components of automotive HVAC include the evaporator, compressor, condenser, receiver or drier, and expansion device. The evaporator facilitates the evaporation of refrigerant, transforming it from a liquid to a gaseous state. The technologies employed in automotive HVAC systems include both manual and automatic modes. Various types of vehicles benefit from automotive HVAC, including passenger cars, commercial vehicles, light commercial vehicles, and heavy commercial vehicles.

The automotive HVAC market research report is one of a series of new reports that provides automotive HVAC market statistics, including automotive HVAC industry global market size, regional shares, competitors with an automotive HVAC market share, detailed automotive HVAC market segments, market trends and opportunities, and any further data you may need to thrive in the automotive HVAC industry. This automotive HVAC market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The automotive hvac market size has grown strongly in recent years. It will grow from $51.88 billion in 2023 to $56.29 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth observed during the historic period can be attributed to several factors, including the global increase in automotive production, heightened concerns about global warming, a rise in demand for energy efficiency, and an increased demand for commercial vehicles.

The automotive hvac market size is expected to see strong growth in the next few years. It will grow to $77.05 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The anticipated growth in the forecast period can be attributed to several factors, including the increasing prevalence of electric and hybrid vehicles, the proliferation of autonomous vehicles, growth in emerging markets, a rise in research and development activities, and an increase in disposable income. Major trends expected during this period encompass the integration of smart and connected HVAC systems, advancements in thermal comfort solutions, the implementation of cabin sensing and artificial intelligence (AI), the adoption of multi-zone HVAC setups, and a focus on green and eco-friendly HVAC technologies.

The increasing demand for luxury vehicles is expected to propel the growth of the automotive HVAC market going forward. A luxury vehicle is defined as a vehicle equipped with better performance capabilities, lavish interiors, and all the latest safety and technology features. In high-end luxury vehicles, the automotive HVAC system is essential to deliver a thermally comfortable environment for every passenger as per their requirements. For instance, in April 2022, according to the Deccan Herald, an Indian English-language daily newspaper, Lamborghini, an Italy-based manufacturer of luxury sports cars and SUVs, saw a 142% increase in sales from the previous year. As opposed to 26 in 2020–21, the company delivered 63 luxury and sport utility vehicles (SUVs) on Indian roads. Therefore, the increasing demand for luxury vehicles is driving the growth of the automotive HVAC market.

The growing demand for electric vehicles is expected to propel the growth of the automotive HVAC market going forward. Electric vehicles (EVs) refer to vehicles powered by electricity stored in rechargeable batteries that replace or supplement traditional internal combustion engines. Automotive HVAC systems in electric vehicles are used to provide comfort and climate control for occupants while maintaining the optimal operating temperature. For instance, in June 2022, according to the International Council on Clean Transportation, a US-based nonprofit organization, electric vehicle sales reached a record high of 6.9 million in 2021, a 107% increase from 2020. Of the vehicles sold, 98% were light-duty vehicles (LDVs), and 2% were heavy-duty vehicles (HDVs). Therefore, the rapidly growing demand for electric vehicles is supporting the growth of the automotive HVAC market.

Product innovations are a key trend gaining popularity in the automotive HVAC market. Major market players are concentrating their efforts on creating innovative products with advanced technologies such as the introduction of automatic climate control that controls the temperature of the car, using green technologies to develop eco-friendly and energy-efficient automotive HVAC systems, and the adoption of eco-friendly refrigerants, among others. For instance, in October 2021, Honda Motor Company Ltd., a Japan-based automotive manufacturing company, introduced an innovative anti-virus cabin air filter that is highly effective in capturing a wide range of harmful germs, allergens, and even viruses that cause significant health problems. This revolutionary cabin air filter offers active protection by considerably lowering virus aerosol concentrations. A unique multi-layer architecture successfully filters gathers, and suppresses harmful ambient gasses, as well as inorganic and biological particles and aerosols. The Honda antivirus cabin air filter is one of the most effective protections available for reducing hazards while driving.

The automotive Heating, Ventilation, and Air Conditioning (HVAC) market is anticipated to experience substantial growth, driven by the increasing demand for luxury vehicles. Luxury vehicles, characterized by superior performance, lavish interiors, and the latest safety and technology features, rely on advanced automotive HVAC systems to provide a thermally comfortable environment tailored to each passenger's preferences. In April 2022, Lamborghini, an Italy-based luxury sports car and SUV manufacturer, reported a remarkable 142% increase in sales compared to the previous year. Delivering 63 luxury and sport utility vehicles (SUVs) on Indian roads, as opposed to 26 in 2020–21, reflects the growing demand for luxury vehicles and, consequently, the expansion of the automotive HVAC market.

The surge in demand for electric vehicles is also expected to drive the growth of the automotive HVAC market. Electric vehicles (EVs), powered by rechargeable batteries, utilize automotive HVAC systems to provide occupants with comfort and climate control while maintaining optimal operating temperatures. According to the International Council on Clean Transportation, electric vehicle sales reached a record high of 6.9 million in 2021, marking a 107% increase from 2020. Of these vehicles, 98% were light-duty vehicles (LDVs), and 2% were heavy-duty vehicles (HDVs). This significant growth in electric vehicle demand contributes to the overall expansion of the automotive HVAC market.

Innovations in product offerings emerge as a prominent trend in the automotive HVAC market. Major industry players are actively focusing on creating innovative products incorporating advanced technologies. Examples include the introduction of automatic climate control systems for precise temperature regulation, the use of green technologies to develop eco-friendly and energy-efficient HVAC systems, and the adoption of environmentally friendly refrigerants. In October 2021, Honda Motor Company Ltd., a Japan-based automotive manufacturing company, introduced an innovative anti-virus cabin air filter with high effectiveness in capturing harmful germs, allergens, and viruses. This advanced cabin air filter actively reduces virus aerosol concentrations, offering significant protection to passengers. The Honda antivirus cabin air filter exemplifies a cutting-edge product designed to enhance safety and well-being while driving.

Major players in the automotive Heating, Ventilation, and Air Conditioning (HVAC) market are strategically focusing on product innovation to maintain their positions in the industry. One notable example is the Valeo heat pump, introduced by Valeo, a prominent US-based technology company. This energy-efficient automotive system utilizes outside air to heat or cool the cabin, effectively reducing the load on the vehicle's battery and extending the range of electric vehicles. Launched in April 2021, the Valeo heat pump obtains two-thirds of its energy needs from ambient air, minimizing the reliance on onboard batteries and utilizing a natural refrigerant. Vehicles equipped with this technology can travel up to 30% further at -15°C compared to those with more traditional heating systems. Notably, a European manufacturer became the world's first to incorporate Valeo's heat pump and natural refrigerant technology into its new electric vehicle platform.

In February 2021, MAHLE Group, a Germany-based automotive parts manufacturer, executed the acquisition of the air conditioning business of Keihin Corporation for an undisclosed amount. This strategic move integrated four production sites and one development center into the MAHLE Group, enhancing their presence in Asia and North America. Keihin Corporation, a Japan-based manufacturer of automotive systems, played a significant role in the automotive HVAC market. This acquisition by MAHLE Group underscores the industry's commitment to strengthening global capabilities and expanding market reach through strategic acquisitions.

Major companies operating in the automotive hvac market include Denso Manufacturing Tennessee Inc., Air International Thermal Systems, Valeo Thermal Systems, Hanon Climate Control Corp., Calsonic Kansei North America Inc., Johnson Electric Holdings Ltd., Sanden Holdings Corporation, Sensata Technologies Inc., Marelli Corporation, OMEGA Environmental Technologies, Delphi Automotive LLP., Visteon Corp., Trans/Air Manufacturing Corp., Toyota Industries Corporation, Xiezhong International Holdings Limited., Mitsubishi Heavy Industries Ltd, Behr GmbH & Co. KG, Subros Limited, Webasto SE, Red Dot Corporation, Eberspaecher Climate Control Systems GmbH & Co. KG, DelStar Technologies Inc., Nippon Seiki Co. Ltd., Keihin North America Inc., Modine Manufacturing Company, Zhejiang Yinlun Machinery Co. Ltd., Bergstrom Inc., MAHLE Behr GmbH & Co. KG, The Keihin Corporation, Eberspächer Group, Gentherm

Asia-Pacific was the largest region in the automotive HVAC market in 2023. The regions covered in the automotive HVAC market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the automotive HVAC market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The automotive HVAC market consists of revenues earned by entities by providing automotive HVAC services such as displaying system repair and service, brake service, engine light diagnostics, cooling system service, fluid maintenance, and fluid injection services. The market value includes the value of related goods sold by the service provider or included within the service offering. The automotive HVAC market also includes sales of automotive HVAC components such as A/C compressors, condensers, radiator fans, accumulators, blower fans, evaporators, and refrigerators. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Automotive HVAC Market Characteristics3. Automotive HVAC Market Trends And Strategies
4. Automotive HVAC Market - Macro Economic Scenario
4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market
5. Global Automotive HVAC Market Size and Growth
5.1. Global Automotive HVAC Market Drivers and Restraints
5.1.1. Drivers Of The Market
5.1.2. Restraints Of The Market
5.2. Global Automotive HVAC Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Automotive HVAC Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Automotive HVAC Market Segmentation
6.1. Global Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Evaporator
Compressor
Condenser
Receiver/Drier
Expansion Device
6.2. Global Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Manual
Automatic
6.3. Global Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Passenger Cars
Commercial Vehicles
Light Commercial Vehicle
Heavy Commercial Vehicle
7. Automotive HVAC Market Regional And Country Analysis
7.1. Global Automotive HVAC Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Automotive HVAC Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Automotive HVAC Market
8.1. Asia-Pacific Automotive HVAC Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Automotive HVAC Market
9.1. China Automotive HVAC Market Overview
9.2. China Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Automotive HVAC Market
10.1. India Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Automotive HVAC Market
11.1. Japan Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Automotive HVAC Market
12.1. Australia Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Automotive HVAC Market
13.1. Indonesia Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Automotive HVAC Market
14.1. South Korea Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Automotive HVAC Market
15.1. Western Europe Automotive HVAC Market Overview
15.2. Western Europe Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Automotive HVAC Market
16.1. UK Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Automotive HVAC Market
17.1. Germany Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Automotive HVAC Market
18.5. France Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Automotive HVAC Market
19.9. Italy Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Automotive HVAC Market
20.13. Spain Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Automotive HVAC Market
21.1. Eastern Europe Automotive HVAC Market Overview
21.2. Eastern Europe Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Automotive HVAC Market
22.1. Russia Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Automotive HVAC Market
23.1. North America Automotive HVAC Market Overview
23.2. North America Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Automotive HVAC Market
24.1. USA Automotive HVAC Market Overview
24.2. USA Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Automotive HVAC Market
25.1. Canada Automotive HVAC Market Overview
25.2. Canada Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Automotive HVAC Market
26.1. South America Automotive HVAC Market Overview
26.2. South America Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Automotive HVAC Market
27.1. Brazil Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Automotive HVAC Market
28.1. Middle East Automotive HVAC Market Overview
28.2. Middle East Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Automotive HVAC Market
29.1. Africa Automotive HVAC Market Overview
29.2. Africa Automotive HVAC Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Automotive HVAC Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Automotive HVAC Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Automotive HVAC Market Competitive Landscape And Company Profiles
30.1. Automotive HVAC Market Competitive Landscape
30.2. Automotive HVAC Market Company Profiles
30.2.1. Denso Manufacturing Tennessee Inc.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Air International Thermal Systems
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Valeo Thermal Systems
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Hanon Climate Control Corp.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Calsonic Kansei North America Inc.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Global Automotive HVAC Market Competitive Benchmarking32. Global Automotive HVAC Market Competitive Dashboard33. Key Mergers And Acquisitions In The Automotive HVAC Market
34. Automotive HVAC Market Future Outlook and Potential Analysis
34.1 Automotive HVAC Market In 2028 - Countries Offering Most New Opportunities
34.2 Automotive HVAC Market In 2028 - Segments Offering Most New Opportunities
34.3 Automotive HVAC Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies
35. Appendix
35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer

Executive Summary

Automotive HVAC Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on automotive hvac market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • All data from the report will also be delivered in an excel dashboard format.

Description:

Where is the largest and fastest growing market for automotive hvac? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Scope

  • Markets Covered: 1) By Component: Evaporator; Compressor; Condenser; Receiver/Drier; Expansion Device 2) By Technology: Manual; Automatic 3) By Vehicle Type: Passenger Cars; Commercial Vehicles; Light Commercial Vehicle; Heavy Commercial Vehicle
  • Companies Mentioned: Denso Manufacturing Tennessee Inc.; Air International Thermal Systems; Valeo Thermal Systems; Hanon Climate Control Corp.; Calsonic Kansei North America Inc.
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
  • Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Denso Manufacturing Tennessee Inc.
  • Air International Thermal Systems
  • Valeo Thermal Systems
  • Hanon Climate Control Corp.
  • Calsonic Kansei North America Inc.
  • Johnson Electric Holdings Ltd.
  • Sanden Holdings Corporation
  • Sensata Technologies Inc.
  • Marelli Corporation
  • OMEGA Environmental Technologies
  • Delphi Automotive LLP.
  • Visteon Corp.
  • Trans/Air Manufacturing Corp.
  • Toyota Industries Corporation
  • Xiezhong International Holdings Limited.
  • Mitsubishi Heavy Industries Ltd
  • Behr GmbH & Co. KG
  • Subros Limited
  • Webasto SE
  • Red Dot Corporation
  • Eberspaecher Climate Control Systems GmbH & Co. KG
  • DelStar Technologies Inc.
  • Nippon Seiki Co. Ltd.
  • Keihin North America Inc.
  • Modine Manufacturing Company
  • Zhejiang Yinlun Machinery Co. Ltd.
  • Bergstrom Inc.
  • MAHLE Behr GmbH & Co. KG
  • The Keihin Corporation
  • Eberspächer Group
  • Gentherm

Methodology

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