Automotive HVAC market size was valued at USD 15.28 billion in 2018. It is expected to post a CAGR of 8% over the forecast period.
The automotive HVAC market is growing in size as demand from the automotive sector increases globally due to increased disposable income. Consumers are increasingly spending more and more on vehicle comfort and advanced features, and OEMs are urged to incorporate high-quality climate control systems. Manufacturers are investing in R&D to provide product differentiation in products such as small and lightweight HVAC systems.
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The key players in the automotive HVAC market include Valeo, Denso, Mahle Group, and Hanon Systems. Sanden Holdings Corporation, Japan Climate Systems Corporation, Keihin Corporation, and Calsonic Kansei Corporation are among few others.
The automotive HVAC market has been segmented by technology type, vehicle type, and geography.
Technology Type
- Manual/Semi-automatic
- Automatic
Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
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Scope of the Report
The research study analyzes the global Automotive HVAC industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive HVAC Market Report
1. What was the Automotive HVAC Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Automotive HVAC Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive HVAC Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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