Automotive HVAC Market
Automotive HVAC Market

Automotive HVAC Market Outlooks (2019-2026)

Straits Research has announced the addition of a new report titled, “Automotive HVAC Market”, into its vast repository of research reports. This research report evaluates the industry status, market size, competitive landscape, market share, and growth opportunity. Then, the report provides an in-depth study of all the leading factors influencing the market on a global and regional level, including key drivers, challenges, opportunities, restraints, threats, and industry-specific trends.

Global automotive HVAC market was valued at USD 23.96 billion in 2018 and is expected to reach USD 46.32 billion by 2026 at a CAGR of 8.59 % during the forecast period, 2019–2026.

The research report takes into consideration the drivers, restraints, trends, and opportunities of the Automotive HVAC market in order to identify the future of the market. The report also provides an estimation of the overall market size in terms of both value and volume and offers qualitative and quantitative insights into the key segments and the geographical subdivisions of the Automotive HVAC market.

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HVAC system is designed to control the environment where it really works. It achieves this by controlling the temperature of room by means of heating and cooling. Additionally, it controls humidity level in that surrounding by controlling movement and distribution of air within the room. Moreover, system also guarantees cleanliness of air in surroundings.

Automotive HVAC systems include switches or knobs on frontend and at the backend of the system, various additives including blower vehicles, refrigeration unit, and actuators are coupled with ducts from where air is transferred into indoors space of car.

HVAC is a competitive market, which undergoes various development strategies. There are several different players involved in growth of the market. These players undergo various development strategies such as product launch, acquisition, expansion, collaboration, and others to sustain growth in the market. On the other hand, local players are trying to expand their presence in the global automotive HVAC market by selling their product at low cost.

Some of the major player in global automotive HVAC market are Air International Thermal Systems (Australia), Brose GmbH & Co. (Germany), Xiezhong International Holdings Limited. (China), Valeo SA (France), Toyota Industries Corporation (Japan), Sanden Corporation (Japan), Keihin Corporation (Japan), Johnson Electric (Hong Kong), Gentherm Inc. (U.S.), Denso Corporation (Japan), Delphi Automotive LLP. (Republic of Ireland), Calsonic Kansei Corporation (Japan), Japan Climate Systems Corporation (Japan) and Visteon Corporation (U.S.)

With all these analyses and information, this report can act as a valuable guide to readers looking to gain a clear understanding of all the factors that are influencing the market for Automotive HVAC market at present and are projected to remain to do so over the forecast period.

As the report advances further, it explains developing plans and policies, making processes, cost structures of Automotive HVAC market as well as the leading players. It also concentrates on the aspects like company profile, product images, supply chain relationship, import/export details of the market, market statistics of Automotive HVAC market, upcoming development plans, Market gains, Contact details, Consumption ratio.

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Market Segmentation:

By Technology, Manual, Automatic

By Vehicle-Type, Cars, Commercial Vehicles, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs)

Research objectives:-

  • To study and analyze the global Automotive HVAC consumption (value & volume) by key regions/countries, product type, and application, history data, and forecast to 2026.
  • To understand the structure of the Automotive HVAC market by identifying its various sub-segments.
  • Focuses on the key global Automotive HVAC manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
  • To analyze the Automotive HVAC with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Overall the report offers detailed coverage of Automotive HVAC industry and presents main market trends. This research gives historical and forecasts market size, demand and production forecasts, end use demand details, price trends, and company shares of the leading Automotive HVAC producers to provide exhaustive coverage of the market.

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