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GLOBAL AUTOMOTIVE CLIMATE CONTROL SYSTEM MARKET IS EXPECTED TO REACH USD 24,853.4 MILLION WITH A CAGR OF 14.92% DURING THE FORECAST PERIOD, KEY PLAYERS ARE DELPHI AUTOMOTIVE, DENSO, MAHLE BEHR, HANON SYSTEMS, VALEO SA, SANDEN HOLDINGS, KEIHIN CORPORATION

02-18-2019 09:23 PM CET | Logistics & Transport

Press release from: Kenneth Research

GLOBAL AUTOMOTIVE CLIMATE CONTROL SYSTEM MARKET IS EXPECTED

Climate control in automotive is mean to provide comfortable sitting environment inside the vehicles. Over the last few years, the increase in the use of air condition in automotive has pushed the demand for automotive climate control in the global market. Automotive climate control is mainly refers as the integrated HVAC system in vehicles. Now a days, almost every vehicle is coming up with HVAC system either manually or automatically.

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Over the years, the global market has seen a constant rising in the demand for automotive across the globe, where China and the US have hold the tag of highest number of passenger as well as commercial vehicles. Moreover, the demand for HVAC in these regions is much higher than other regions. Due to these factors, the market has seen a rising demand for automotive climate control which is expected to rise during the forecasted period. Additionally, the increasing need of comfort ability, changing preferences and life style, rapid urbanization, emerging economies and other several factors have led the growth of global automotive climate control market. As per the analysis, the global automotive climate control market is expected to reach USD 24,853.4 million with a CAGR of 14.92% during the forecast period.

Market Research Future has segmented the global automotive climate control market into technology, application and region. On the basis of technology, the market has been divided into automatic and manual technology. As per the market analysis, automatic technology is expected to rule the market during forecasted period. Whereas on the basis of application, the market has been divided into passenger cars, light commercial vehicles and heavy commercial vehicles. However, passenger cars segment have generated highest revenue and become the ruling market on the basis of application. Geographically, the market has been divided into for major regions such as North America, Asia-Pacific, Europe and Rest of the World. Among these regions, Asia-Pacific has come up as the leading region in terms of revenue. Highest number of sales in passenger as well as commercial vehicle and impact of Chinese and Indian economy have propelled the APAC market. However, North America and Europe are considerably the second and third leading regions.

The prominent players in the automotive climate control market include Delphi Automotive, Denso, Mahle Behr, Hanon Systems, Valeo SA, Sanden Holdings, Keihin Corporation, Calsonic Kansei Corporation, Japanese Climate Systems Corporation, Visteon and others.

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The report for Global Automotive Climate Control Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

1 Executive Summary
2 Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Assumptions
2.4 Key Takeaways
2.5 Key Buying Criteria
2.6 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Factor Analysis
4.1 Porter’s Five Forces Analysis
4.1.1 Threat from New Entrants
4.1.2 Bargaining Power of Buyers
4.1.3 Bargaining Power of Supplier
4.1.4 Threat of Substitute
4.1.5 Rivalry
4.2 Value Chain Analysis
4.2.1 Components Supply
4.2.2 Manufacturers
4.2.3 Distribution
4.2.4 End-Use
5 Patent Trends
5.1 List of Patents
6 Market Dynamics
6.1 Market Drivers
6.1.1 Booming Automotive Industry
6.1.2 Surge in Demand of Electric Vehicle Worldwide
6.1.3 Changing Consumer Preference
6.2 Restraints
6.2.1 Capital Intensive Market
6.3 Market Challenges
6.3.1 Alienating Geographies
6.4 Trends
6.4.1 Shift Towards Automation
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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc.), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

Name: David
Email: sales@kennethresearch.com
Phone: +1 313 462 0609

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