According to “Automotive HVAC Market 2019 Global Size, Share, Trends, Regional Analysis and Industry Outlook Report” published by Market Research Future, The Global Automotive HVAC Market to grow at 9% CAGR by 2023. Automotive HVAC Industry 2019 Report Segments Market for Automotive HVAC by technology, component and vehicle type and region.
Automotive HVAC Global Market Key Companies Analyzed in report –
Sensata Technologies (the U.S.), The Keihin Corporation (Japan), Calsonic Kansei Corporation (Japan), Sanden Corporation (Japan), Valeo (France) and Denso Corporation (Japan). Hanon Systems (South Korea), MAHLE GmbH (Germany), Johnson Electric Holdings Limited (Hong Kong) and Japan Climate Systems Corporation (Japan).
Get Sample Pages of “Automotive HVAC Global Market Report 2019” at: https://www.marketresearchfuture.com/sample_request/2113
Automotive HVAC Market Insights:
Market Research Future (MRFVR) has published a report stating that the global automotive HVAC market is marked to expand at a significant CAGR of 9% during the forecast period of 2019-2023. The presence of an HVAC system in the car and its strength and capability is top of most people’s priorities when buying a car, especially in hotter climates. This is likely to be a major driver for the global automotive HVAC market over the forecast period, as this has driven significant innovation in the direction of making automotive HVAC units more refined and capable.
Rapid rise in population and increased disposable income have induced high demand for passenger vehicles that are equipped with technologically advanced systems for enhancing the travel experience and improving comfort in the vehicles. Rise in adoption of advanced technology by the automotive sector and high demand for advanced systems to maintain the indoor temperature in the vehicles are majorly driving the growth of the global automotive HVAC market.
Market Segments Analysis:
The global automotive HVAC market is segmented based on technology, component, vehicle type, and region.
Based on technology, the global automotive HVAC market has been segmented into manual and automatic.
Based on component, the automotive HVAC market has been segmented into evaporator, compressor, condenser, receiver/drier and expansion device.
Based on vehicle type, the automotive HVAC market has been segmented into passenger cars, light commercial vehicles (LCV) and heavy commercial vehicles (HCV).
Asia Pacific is likely to be the dominant force in the global automotive HVAC market over the forecast period due to the growing demand for automobiles from the consumers in this region. The demand for passenger cars has seen rapid growth in Asia Pacific over the last few decades due to the increasing initiation of open markets and free flow of economy, resulting in an increasing disposable income for consumers in the region.
The Europe region is projecting significant growth in the global automotive HVAC market owing to the high demand for HVAC due to extremely low-temperature conditions that persist throughout the year in various areas of this region.
The increasing production of automobiles and automobile accessories in the region is also likely to drive the automotive HVAC market over the forecast period, as this raises the scope for product development in the region and enables easy incorporation into automotive manufacturing.
Table Of Contents
1. Executive Summary
2. Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3. Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Bargaining Power Of Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
3.2 Supply Chain Analysis
4. Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar