Press release
The Global Climate Control System For Commercial Vehicle Market Is Segmented Into The Americas, Europe, Asia-Pacific, And Rest Of The World
A climate control system is the most advanced technology in terms of vehicle comfort. It offers customized air conditioning in the vehicle through adjustable climate settings. Generally, it manages the temperature distribution inside the vehicle cabin or between the footwell and head. Climate control systems for commercial vehicles manage heating, ventilation, air conditioning and controls (HVAC), as well as a wide range of other associated components. Thus, HVAC and the other associated systems are an integral part of climate control systems for commercial vehicles. The energy required for air flow delivery plays an important role in improving fuel efficiency. Therefore, the designing process of the climate control system for commercial vehicles is the most critical aspect.The global market for climate control systems for commercial vehicles is progressing rapidly. Advanced sensors and controls for energy-efficient automotive cooling and heating systems, government initiatives for the development of climate control systems, and the demand for electric vehicles are some of the factors that make climate control systems for commercial vehicles, popular among both, manufacturers and consumers. For the study, the global climate control system for commercial vehicle market has been segmented on the basis of component type, commercial vehicle type, electric commercial vehicle type, truck type application, and region. Of all the component types, the compressor segment accounted for the largest market share in 2017, and is projected to grow at the highest CAGR during the forecast period. On the basis of commercial vehicle type, the truck segment accounted for the largest market share in 2017.
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On the basis of electric commercial vehicle type, the hybrid segment accounted for the largest market share in 2017. On the basis of truck type application, the long haul segment dominated the market in 2017. On the basis of regions, the global climate control system for commercial vehicle market is segmented into the Americas, Europe, Asia-Pacific, and Rest of the World.
Table of Contents:
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 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
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4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Advanced Sensors and Controls for Energy Efficient Automotive Cooling and Heating Systems
4.2.2 Government Initiatives for the Development of Climate Control System
4.2.3 Surge in Demand of Electric Vehicle Worldwide
4.2.4 Drivers Impact Analysis
4.3 Restraint
4.3.1 High Maintenance and Equipment Upgrades
4.3.2 Restraint Impact Analysis
4.4 Challenge
4.4.1 Capital Intensive Market
4.5 Opportunity
4.5.1 Potential Reduction in Energy Consumption of Automotive Climate Control Systems
5 Market Factor Analysis
5.1 Value Chain Analysis
5.1.1 Component Suppliers
5.1.2 Manufacturing Process
5.1.3 Distribution Channel
5.1.4 End-Users
5.2 Porter’s Five Forces Model
5.2.1 Threat of New Entrants
5.2.2 Bargaining Power of Buyers
5.2.3 Bargaining Power of Suppliers
5.2.4 Threat of Substitutes
5.2.5 Rivalry
5.3 Trends in Climate Control System
5.3.1 Shift Towards Electrification of Commercial Vehicles
5.3.2 Emergence of Alternative Refrigerants
5.4 Trends in Electric Commercial Vehicles
5.4.1 Growing Demand for Powertrain Electrification
5.4.2 Technological Innovation in Batteries for Electric Commercial Vehicles
5.4.3 Introduction of Power Recovery Options in Electric Commercial Vehicles
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