Automotive HVAC Market was valued at US$ 57.48 Bn. in 2022 and is expected to reach at US$ 89.62 Bn. in 2029. Global Automotive HVAC Market size is expected to grow at a CAGR of 6.55% through the forecast period.
Automotive HVAC Market Overview:
The primary goal of this research is to assist the user in understanding the Automotive HVAC market in terms of definition, segmentation, market potential, significant trends, and the problems that the Automotive HVAC industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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Market Scope:
The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
Segmentation:
According to Application, the sector for passenger automobiles is anticipated to expand at the greatest CAGR of xx% throughout the course of the projection period. The primary drivers of the expansion of the global automotive HVAC market in the passenger segment are the rising disposable income and the accessibility of various financing options. The demand for automotive HVAC systems in LCVs is increasing at a healthy rate as a result of better financial plans and rural demand. The global automotive HVAC market is expanding as a result of the booming e-commerce and logistics industries, as well as the increasing demand for fleets to support last-mile connectivity.
Global Automotive HVAC Market, By Technology (2022-2029)
• Manual
• Automatic
Global Automotive HVAC Market, By Application (2022-2029)
• Passenger Cars
• Heavy Commercial Vehicles (HCVs)
• Light Commercial Vehicles (LCVs)
Global Automotive HVAC Market, By Component (2022-2029)
• Evaporator
• Compressor
• Condenser
• Receiver-drier
• Expansion Valve
• Others
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Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Automotive HVAC market are
1. Denso Corporation
2. Mahle Group
3. Valeo
4. Hanon Systems
5. Calsonic Kansei Corporation
6. Keihin Corporation
7. Johnson Electric Holdings Ltd
8. Sanden Holdings Corporation
9. Japan Climate System Corporation
10. MAHLE GmbH
11. Brose Fahrzeugteile GmbH & Co. Kg
12. Air International Thermal Systems
13. Hanon Systems
14. Calsonic Kansei
15. Engineered Plastic Components
16. DelStar Technologies
17. Sanden Holdings Corporation
18. Behr GmbH
19. Halla Climate Control Corp.
20. Delphi Automotive
21. Calsonic Kansei
22. Visteon Corp.
23. Sanden Corp.
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Regional Analysis:
The report focuses on Global Regions and Market Size of Automotive HVAC, and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact Analysis on Automotive HVAC Market:
The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Automotive HVAC industry in 2021.
Key Questions answered in the Automotive HVAC Market Report are:
- What is the function of Automotive HVAC?
- What is the predicted revenue generation of the Automotive HVAC market?
- At what growth rate is the Automotive HVAC market evolving?
- Who are the major market giants operating in the Automotive HVAC market?
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