Automotive HVAC (HVAC is abbreviation for heating, ventilation and air conditioning systems) is a system consisting of three sub-systems that all work together to provide conditioned air to the cabin. The heating part can raise the temperature inside the car using heat from the engine. The ventilation part moves and directs the air within the cabin. And the air condition part can remove the heat from the car by cooling and dehumidifying the air with a refrigerant.
In recent years, the automotive HVAC market has enjoyed a large development, with the fast development of automotive industry. Many automotive manufacturers have built plant in China in recent years. To meet the local demand, many automotive HVAC manufacturers have transferred their production bases to China.
In general, the development of global automotive HVAC market is promising and the sales growth rate in China may be higher than other regions in the next several years.
According to this study, over the next five years the Automotive HVAC market will register a 3.2% CAGR in terms of revenue, the global market size will reach US$ 27400 million by 2024, from US$ 22800 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive HVAC business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive HVAC market by product type, application, key manufacturers and key regions and countries.
This study considers the Automotive HVAC value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3: and forecast to 2024 in section 11.7.
Standalone HVAC
Dependent HVAC
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4: and forecast to 2024 in section 11.8.
Sport Utility Vehicle
Compact Vehicle
Mid-Sized Vehicle
Premium Vehicle
Luxury Vehicle
Commercial Vehicles
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Sanden USA
DENSO
Hanon Systems
MAHLE
Valeo
Air International Thermal Systems
Bergstrom
Calsonic Kansei
Johnson Electric
Webasto
Perfectstarhvac
Tek
Johnsoncontrols
Edn
Leakylugnut
Exa Corporation
Dupont
HERO
Others
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automotive HVAC consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive HVAC market by identifying its various subsegments.
Focuses on the key global Automotive HVAC manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in 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).
To project the consumption of Automotive HVAC submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.