Automotive HVAC Market Analysis and Value Forecast Snapshot by End-Use Industry 2019-2027


[170 Pages Report] Automotive HVAC Market research report categorizes the global market by Vehicle Type (Passenger Cars, Light Commercial Vehicle, Heavy Commerical Vehicle), By Component (Evaporator, Compressor, condenser, Reciever/Drier, Expansion Device), By Technology (Manual, Automatic), & by Region (North America, Latin America, Europe, Japan, APEJ, MEA).



[ClickPress, Mon Sep 09 2019]

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.


Request for the Report Summary: https://www.factmr.com/report/2484/automotive-hvac-market

Heating, ventilation, and air conditioning (HVAC) system in a vehicle is utilized to control the interior temperature of the vehicle cabin. HVAC system primarily consist of three subsystems, namely, heating, cooling, and air conditioning, which collaboratively work to offer decontaminated air to the vehicle cabin, guaranteeing thermal coziness to drivers and passengers. HVAC system controls the air temperature, scrutinizes the moisture content in the air, and eradicates unnecessary humidity from the circulating air. Well-established companies, such as Audi, Mercedes, Ford, and BMW, primarily focus on tailored and consumer-friendly HVAC systems. For instance, the BMW 6, 7, 8 & 9 Series supports automatic air conditioning, including air distribution for driver and passengers, fogging sensor, and automatic climate control system.

This report assesses trends that are driving the growth of each segment on the global level and offers potential takeaways that could prove substantially useful to Automotive HVAC manufacturers looking to enter the market. Main regions assessed in this report include North America, Latin America, Europe, Japan, Asia Pacific excluding Japan (APEJ), and the Middle East & Africa (MEA).

The sections, by vehicle type, by component, and by the technology in the automotive HVAC market evaluate the present scenario as well as growth prospects of the regional automotive HVAC market for 2018–2027. The APEJ Automotive HVAC market has been estimated to dominate the automotive HVAC market by value owing to the growing sales of vehicles, accounting for a maximum revenue share of the market by 2018 end. Europe and North America Automotive HVAC markets are expected to account for over 40% collaborative revenue share, of the global automotive HVAC market by 2027 end. Among the emerging markets, the MEA automotive HVAC market is estimated to exhibit a significant CAGR of more than 8.0% over the forecast period, followed by Japan with a CAGR of about 7.0%.  


Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=2484

To provide in-depth insights into the pattern of demand for the automotive HVAC market, the market is segmented by vehicle type. It includes passenger cars, light commercial vehicle (LCV) and heavy commercial vehicles (HCV). Passenger cars segment is expected to dominate the automotive HVAC market over the forecast period, regarding value, which accounted for more than 40% value share in 2027.    

The section – automotive HVAC market analysis, by component comprehensively analyzes the market by component used in automotive HVAC. The market is segmented into Evaporator, Compressor, Condenser, Receiver/Drier, and Expansion Device.  The segment, compressor in an automotive HVAC market accounted for the highest market share of more than 35% in 2017.

The section – automotive HVAC market analysis, by technology comprehensively analyzes the market by different technology through which the automotive HVAC functions. The market is segmented into manual and automatic. Automatic segment accounted for the highest market share in 2017. However, the manual segment is expected to register a decline over the forecast period due to the increase in deployment of automatic HVAC system across the developing economies.

Also, increasing demand for Automotive HVAC in the APEJ region is driving the prominent manufacturers to advantageously enter in the APEJ market with an objective to target the opportunities in the region. The automotive HVAC market in North America and Europe region is currently witnessing a stagnant growth, and hence, the companies are targeting emerging economies markets to increase their sales revenues.


Request for the Report Customization: https://www.factmr.com/connectus/sample?flag=RC&rep_id=2484


About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
Blog: https://theheraldmedia.com/

Company:


Contact Name: Aman

Contact Email: info@factmr.comm

Contact Phone:

>>Visit website