Automotive HVAC Market: Demand Rises Due to Sustainable Technological Boost

Published: Mon Jun 10 2019

The study offers detailed intelligence on different factors influencing demand, sales and revenue generation in the automotive HVAC market across the globe. The opportunity analysis included in the report is beneficial for the readers to understand better opportunities in the sector, which will, in turn, trigger the adoption of the automotive HVAC.

The progression of the air conditioning systems in passenger cars, light commercial vehicles and heavy commercial vehicles has been one of the noteworthy advances in the 20th century. It is assessed that more than 85% of the new passenger cars sold across the globe currently have an air-conditioning system, and the number is expected to increase by 2027. Growing sale of vehicles and inclination toward safety and luxury are the main factors which are driving the global automotive HVAC market.

According to the study, more than 85 percent of the new passenger cars sold across the world have an air-conditioning system, the number is slated to soar to new heights by 2027-end. The unprecedented sale of vehicles and traction towards safety and luxury have accentuated the growth of automotive HVAC market.

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The surge in the thermal comfort for passenger cabins and intelligent driving for convenience, several smart and green passenger vehicles have been researched and developed by automotive makers. Nevertheless, sophisticated automotive technology, with the modernization of the transportation industry, vies to augment the convenience and comfort of the driver. As such, various sophisticated air conditioning systems and heating systems for cabin heating and cooling of passenger vehicles have been perused and studied to ameliorate the thermal comfort and air conditioning room for individual passengers, incorporating drivers of passenger vehicles.

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Automotive HVAC Market: Overview

The report offers a robust assessment on the automotive HVAC market which is propelled by quantitative and qualitative analysis. In addition, the report focuses on the situation in the market that have significant influence on the development of the automotive HVAC market, including drivers, trends, opportunities, restraints. The report also delineates segmentation of the market to provide a thorough analysis of the automotive HVAC market.

Automotive HVAC Market: Competitive Landscape

Fact.MR has profiled some of the most prominent company’s active in the global Automotive HVAC market such as Sensata Technologies., The Keihin Corporation, Calsonic Kansei Corporation, Sanden Corporation, Valeo, Denso Corporation, Hanon Systems, MAHLE GmbH, Johnson Electric Holdings Limited, and Japan Climate Systems Corporation. The key market players in the automotive HVAC market are focusing on product innovation and collaboration. Vendors in the automotive HVAC market are focusing on developing technological advanced and innovative solutions which can meet the changing customer requirements. Recently, in 2018, Mercedes Benz showcased its 2019 A-class with voice-controlled HVAC, The new A-Class hatchback will arrive in Europe by 2019 and eventually come to North American market too but in sedan variant with a trunk at the rear.

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