Automotive HVAC System Market to Reach $22.8 Billion, Globally, by Top Companies Sensata Technologies, Inc., Calsonic Kansei Corporation, Denso Corporation Hanon Systems, Johnson Electric Holdings Ltd, Sanden Holdings Corporation, Valeo, Japan Climate Sys
Vehicle manufacturers provide HVAC systems that allow individuals to control cabin temperatures as per their comfort. Automakers aim at adopting environment-friendly refrigerants such as R1234yf, in their HVAC systems, as an effort to provide fuel efficiency with improved performance and with mitigating hazardous risks
Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/115?utm_source=OPR
On the basis of vehicle type, passenger cars generated higher revenue in comparison to commercial vehicles, accounting for over 67% of the market revenue in 2015. Automakers tend to provide passenger cars and commercial vehicles with faster cooling and fuel efficient HVAC systems. As per European Union regulations, all the vehicles in Europe should have HVAC systems with non-polluting refrigerants, with a GWP (global warming potential) lesser than 150, effective from January 2017.
Automotive HVAC systems can be operated manually or automatically. Automatic HVAC system dominated the market in 2015, contributing around 59% of the total revenue. Automatic climate control system inside the vehicle cabin is to be set for once and the HVAC system adjusts the temperature automatically depending on the outside temperature of the vehicle. Such factors would drive the adoption of automatic HVAC system, particularly in passenger cars.
Based on geography, Asia-Pacific was the highest revenue-generating region, accounting for over 46% share in 2015, in terms of revenue, owing to high vehicle production in China, Japan, South Korea, and India. Asia-Pacific is estimated to dominate the market witnessing a CAGR of 10.2% during the forecast period, owing to increasing adoption of eco-friendly refrigerants and large-scale production of commercial and passenger vehicles.
Leading players in the automotive HVAC system market have adopted strategies such as collaborations, product launches, and acquisitions to expand their market presence. Key players include Sensata Technologies, Inc., Calsonic Kansei Corporation, Denso Corporation Hanon Systems, Johnson Electric Holdings Ltd, Sanden Holdings Corporation, Valeo, Japan Climate Systems Corporation, Keihin Corporation and Mahle GmbH.
Heating, ventilation, and air conditioning (HVAC) systems are installed in vehicles to maintain the internal climate of the vehicle cabins. The HVAC systems can be operated manually or automatically thereby allowing individuals to retain desired temperature inside the vehicle cabin. In addition, the system helps in defrosting and demisting the windows, even at low temperature, assuring thermal comfort to all the commuters. Asia-Pacific has shown a prominent growth in the automotive HVAC market owing to increased automobile manufacturing in the region. The increasing per capita income and growing preferences of customers towards automatic HVAC system would boost the market growth in APAC.
Make a Purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/115?utm_source=OPR
The use of polluting refrigerants, such as R134a with a GWP of 1430, is prohibited in various regions and the adoption of CO2 refrigerants with GWP of one, such as R1234yF, contributes to the growth of the world automotive HVAC system market, ensuring improved fuel efficiency. Automatic climate control, increasing demand for thermal systems, safety concerns, and use of eco-friendly refrigerants are factors that strengthen the overall market. However, high maintenance cost and inefficient fuel economy are still restraining the market growth.
DENSO Corporation is one of the largest HVAC system suppliers, offering rotary type compressors to OEMs. Such type of compressors ensures additional cooling and heating performances within the vehicle. Companies, such as Sanden Holdings Corporation and Johnson Controls, offer HVAC system not only to cars but to trucks as well. The HVAC unit is designed in such a way that it is lightweight, thereby achieving high-end performance.
List of Tables
TABLE 1 WORLD AUTOMOTIVE HVAC SYSTEMS MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 2 WORLD AUTOMOTIVE HVAC SYSTEM MARKET BY TECHNOLOGY, 2015-2022 ($MILLION)
TABLE 3 WORLD AUTOMOTIVE MANUAL HVAC SYSTEM MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 4 WORLD AUTOMATIC AUTOMOTIVE HVAC SYSTEM MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 5 WORLD AUTOMOTIVE HVAC SYSTEM MARKET BY VEHICLE TYPE, 2015-2022 ($MILLION)
TABLE 6 WORLD CAR HVAC SYSTEM MARKET BY GEOGRAPHY 2015-2022 ($MILLION)
TABLE 7 WORLD COMMERCIAL VEHICLE HVAC SYSTEM MARKET BY GEOGRAPHY 2015-2022 ($MILLION)
TABLE 8 WORLD LIGHT COMMERCIAL VEHICLE HVAC SYSTEM MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 9 WORLD HEAVY COMMERCIAL VEHICLE HVAC SYSTEM MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 10 NORTH AMERICA AUTOMOTIVE HVAC SYSTEM MARKET BY VEHICLE TYPE, 2015-2022 ($MILLION)
TABLE 11 NORTH AMERICA AUTOMOTIVE HVAC SYSTEM MARKET BY COUNTRY, 2015-2022 ($MILLION)
TABLE 12 EUROPE AUTOMOTIVE HVAC SYSTEM MARKET BY VEHICLE TYPE, 2015-2022 ($MILLION)
TABLE 13 EUROPE AUTOMOTIVE HVAC SYSTEM MARKET BY COUNTRY, 2015-2022 ($MILLION)
TABLE 14 ASIA-PACIFIC AUTOMOTIVE HVAC SYSTEM MARKET BY VEHICLE TYPE, 2015-2022 ($MILLION)
TABLE 15 ASIA-PACIFIC AUTOMOTIVE HVAC SYSTEM MARKET BY COUNTRY, 2015-2022 ($MILLION)
TABLE 16 FLEET AVERAGE CO2 EMISSIONS IN SOUTH KOREA
TABLE 17 LAMEA AUTOMOTIVE HVAC SYSTEM MARKET BY VEHICLE TYPE, 2015-2022 ($MILLION)
TABLE 18 LAMEA AUTOMOTIVE HVAC SYSTEM MARKET BY COUNTRY, 2015-2022 ($MILLION)
TABLE 19 DENSO CORPORATION COMPANY SNAPSHOT
TABLE 20 DENSO CORPORATION OPERATING BUSINESS SEGMENTS
TABLE 21 VALEO COMPANY SNAPSHOT
TABLE 22 VALEO OPERATING BUSINESS SEGMENTS
TABLE 23 HANON SYSYTEMS COMPANY SNAPSHOT
TABLE 24 HANON SYSTEMS OPERATING BUSINESS SEGMENTS
TABLE 25 MAHLE GMBH. COMPANY SNAPSHOT
TABLE 26 MAHLE GMBH OPERATING BUSINESS SEGMENTS
TABLE 27 CALSONIC KANSEI CORPORATION COMPANY SNAPSHOT
TABLE 28 CALSONIC KANSEI CORPORATION OPERATING BUSINESS SEGMENTS
TABLE 29 JOHNSON ELECTRIC COMPANY SNAPSHOT
TABLE 30 JOHNSON ELECTRIC OPERATING BUSINESS SEGMENTS
TABLE 31 SANDEN HOLDINGS CORPORATION COMPANY SNAPSHOT
TABLE 32 SANDEN HOLDINGS CORPORATION OPERATING BUSINESS SEGMENTS
TABLE 33 SENSATA TECHNOLOGIES, INC. COMPANY SNAPSHOT
TABLE 34 SENSATA TECHNOLOGIES INC. OPERATING BUSINESS SEGMENTS
TABLE 35 JAPAN CLIMATE SYSTEMS CORPORATION COMPANY SNAPSHOT
TABLE 36 JAPAN CLIMATE SYSTEMS CORPORATION OPERATING BUSINESS SEGMENTS
TABLE 37 KEIHIN CORPORATION COMPANY SNAPSHOT
TABLE 38 KEIHIN CORPORATION OPERATING BUSINESS SEGMENTS
Access Full Summery @ https://www.alliedmarketresearch.com/automotive-HVAC-market?utm_source=OPR
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive HVAC System Market to Reach $22.8 Billion, Globally, by Top Companies Sensata Technologies, Inc., Calsonic Kansei Corporation, Denso Corporation Hanon Systems, Johnson Electric Holdings Ltd, Sanden Holdings Corporation, Valeo, Japan Climate Sys here
News-ID: 1608013 • Views: 554
More Releases from Allied Market Research
North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently
More Releases for HVAC
HVAC COMPANIES IN NIGERIA
AKPO OYEGWA REFRIGERATION COMPANY Whether your project is a new build or you are updating an existing building. AKPO OYEGWA REFRIGERATION COMPANY is a full service commercial and industrial HVAC mechanical service contractor with office in Lagos State, Nigeria. With in-depth industry relevant experience AKPO OYEGWA REFRIGERATION COMPANY mechanical services team specialises in offering custom solutions and installations of both commercial and industrial HVAC systems. As an expert full service HVAC contractor
Global HVAC Packaged Unit Sales Market Report
This report studies the global HVAC Packaged Unit market status and forecast, categorizes the global HVAC Packaged Unit market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America). HVAC packaged unit are air conditioners used for conditioning in places such as
Mega Clima Nigeria HVAC Expo 2019
Largest HVAC+R Industry Platform in West Africa – MEGA CLIMA NIGERIA EXPO 2019!!! Mega Clima West Africa 2019: 3rd International Air Conditioning & Refrigeration Exhibition which is organized by Elan Expo will be held on 11-13 July 2019 at Landmark Centre at Lagos, Nigeria. “OUR PREVIOUS MEGA CLIMA EXPOS ARE OUR MAIN REFERENCE IN NIGERIAN MARKET” The General Manager of ELAN EXPO Mr. Suer AY illustrates his experiences in Nigerian HVAC+R sector
HVAC Centrifugal Compressors Market
The newly released research at Market Study Report titled “2017-2024 Global HVAC Centrifugal Compressors Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years. HVAC Centrifugal Compressors Market is estimated to exceed USD 1 billion by 2024; according to a new research report. Chillers application is expected to value over USD 700 million by 2024. Hotels, shopping malls, commercial offices and hospitals are
Automotive HVAC Technology Market 2018 by Type(Manual HVAC Systems, Automatic HV …
Automotive HVAC Technology MARKET The market research report on the Global Automotive HVAC Technology Market presents an in-depth information about the various aspects of the market, on both global and regional scales, which provides a better understanding of the present market landscape. The growth of the Automotive HVAC Technology market has been driven by the soaring demand for Automotive HVAC Technology in the well-established and emerging regions, current technological advancements, and the
HVAC Company offers Quality HVAC Services in Tulsa, Ok
Tulsa, Ok – SEPTEMBER 13, 2018–Finding the right HVAC services can be difficult for anyone. You want to hire a company that is qualified and will complete the job right the first time. The company that you are looking for needs, to be honest, and trustworthy as well. They are, after all, coming to your home. Wortman Central Air in Tulsa Oklahoma is the diverse, qualified and