Global Automotive HVAC Market, By Technology (Manual, Automotive), By Vehicle Type (LCVs, HCVs, Pass

Published Date: | Report Code : AT1920902

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The automotive HVAC market growth is expected to gain high momentum during the forecast period due to rising demand for comfort and fuel efficiency.

Heating Ventilation and Air Conditioning (HVAC) is a system installed in a vehicle, which is responsible for heating, cooling, cleaning, regulating, ventilating, and dehumidifying the air entering the cabin, depending on operating inputs as well as electronic sensors.

The global automotive HVAC market is driven by innovation, fuel-efficient, and eco-friendly HVAC solutions combined with an increasing worldwide demand for passenger vehicles. The rising disposable income and preference for luxurious and comfortable travel are expected to strengthen the automotive HVAC market.

Technological advancements and R&D activities are driving the development of fuel-efficient and eco-friendly HVAC units combined with innovative designs to reduce the weight and size of systems for better versatility.

Key Factors Impacting Market Growth:

  • Rising demand for comfort and fuel efficiency
  • Demand for luxurious vehicles
  • Increasing need for advanced motor control and energy management systems

Regional Analysis: 

By region, North America, Western Europe, and Asia Pacific are estimated to dominate the automotive lubricants market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with many global manufacturers headquartered in this region. The automotive sector in these regions has been dynamic in terms of technological developments and product modifications. The demand for lightweight materials, cleaner emissions, and green fuels have been some of the key influencing factors in this region. Also, the market has witnessed steady recovery from recent slowdowns in the past decades. Some of these factors are expected to impact the dynamics of the automotive lubricants market in North America and Western Europe during the forecast period. The US, Germany, France, Italy, UK, and Spain have been some of the major economies for the automotive lubricants market in the region. 

Asia Pacific is estimated to be the fastest-growing region for the automotive lubricants market during the forecast period. This region has been one of the lucrative markets for the automotive sector in the past few decades with strategic investments by global companies in the region. China, Japan, India, and South Korea have been some of the major countries for the automotive lubricants market in the Asia Pacific region. The Middle East promises a strong market potential with the growth of the automotive sector in the region. Countries including UAE, Saudi Arabia, Qatar, and Iran have been diversifying the industrial sector to boost the economy in the past few decades. Other regions including Eastern Europe, South America, and Africa are estimated to emerging markets with growing demand during the forecast period.

Companies Covered: 

Air International Thermal Systems, Brose GmbH & Co., Valeo SA, Toyota Industries Corporation, Sanden Corporation, Keihin Corporation, Johnson Electric, Gentherm Inc., Denso Corporation, Delphi Automotive LLP, and Calsonic Kansei Corporation 

Market Segmentation:

By Technology:

  • Manual
  • Automatic

By Vehicle Type:

  • Light Commercial Vehicles (LCVs)
  • Heavy Commercial Vehicles (HCVs)
  • Passenger Cars

By Component:

  • Heat Exchanging Equipment
  • Compressor
  • Expansion Device
  • Receiver/Drier

By Region:

  • North America
    • By Country (US, Canada, Mexico, Rest of North America)
    • By Technology
    • By Vehicle Type
    • By Component
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Technology
    • By Vehicle Type
    • By Component
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Technology
    • By Vehicle Type
    • By Component
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Technology
    • By Vehicle Type
    • By Component
  • Rest of the World
    • By Region (South America, Middle East, Africa)
    • By Technology
    • By Vehicle Type
    • By Component

Reasons To Buy This Report:

  • Market size estimation of the automotive HVAC market on a regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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