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‘What’s driving the Automotive HVAC Market trends?’ | Top Key Players are Hanon Systems, Mahle Group, DuPont Automotive Systems, Denso Corporation, Johnson Electric

06-13-2019 12:42 PM CET | Logistics & Transport

Press release from: Global Market Insights Inc.

Automotive HVAC Market

Automotive HVAC Market

Automotive HVAC Market is expected to reach over USD 25 billion by 2025. Automatic HVAC systems have a high demand in passenger cars as these systems can monitor numerous cabin air parameters such as humidity and temperature set by driver or system specifications. These systems limit the fresh air inlet to the minimum by recirculating air through the air conditioning unit back to the cabin. An HVAC system fuel consumption ranges up to three litres for every hundred kilometers depending on driving cycles and climatic conditions. Automatic HVAC systems have been recorded to reduce the fuel consumption by 35%, driving the growth of the automotive HVAC market.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/371

The automotive HVAC market is highly consolidated with companies focusing extensively on product differentiation. For instance, Hanon Systems has been investing heavily in expanding its thermal comfort portfolio by integrating innovative solutions with its HVAC systems, including CO2 sensor and high-efficiency blower scrolls, for reduced noise and power consumption. The ultraviolet LED photocatalyst eliminates odor-causing bacteria from the evaporator and absorbed gases from outside the vehicle. In addition, the company offers customized omnifarious HVAC designs to automakers that allow them to enhance the interior cabin design, driving the automotive HVAC market.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Air International Thermal Systems (AITS)
2. Brose Fahrzeugteile GmbH & Co. KG
3. Calsonic Kansei
4. Delphi Automotive
5. DelStar Technologies, Inc.
6. Denso Corporation
7. Engineered Plastic Components
8. Hanon Systems
9. Japan Climate Systems Corporation
10. Johnson Electric
11. Mahle
12. Sanden Holdings Corporation
13. Sensata Technologies
14. Valeo SA

Chapter 3. Automotive HVAC Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2015 - 2025
3.2.1. HVAC components overview
3.2.1.1. Evaporator
3.2.1.2. Condensor
3.2.1.3. Accumulator
3.2.1.4. Compressor
3.2.1.5. Receiver/drier
3.2.1.6. Expansion valve
3.2.2. Rise of automotive HVAC systems and future HVAC systems
3.2.3. Global automotive industry landscape, 2015 - 2025
3.2.3.1. North America
3.2.3.2. Europe
3.2.3.3. Asia Pacific
3.2.3.4. Latin America
3.2.3.5. MEA
3.2.4. Global automotive production statistics, 2015 – 2025
3.2.4.1. North America
3.2.4.2. Europe
3.2.4.3. Asia Pacific
3.2.4.4. Latin America
3.2.4.5. MEA
3.3. Industry ecosystem analysis
3.3.1. Research and Development (R&D)
3.3.2. Component suppliers
3.3.3. Manufacturers
3.3.4. Distribution channel analysis
3.3.5. Vendor matrix
3.4. Technology & innovation landscape
3.4.1. CO2 technology for thermal comfort
3.5. Regulatory landscape
3.5.1. North America
3.5.2. Europe
3.5.3. Asia Pacific
3.5.4. Latin America
3.5.5. MEA
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Flourishing automotive production in Asia Pacific
3.6.1.2. Stringent regulations in Europe and U.S. regarding climate control for low emission vehicles
3.6.1.3. Technological advancements in HVAC designs
3.6.1.4. Increasing demand for luxury vehicles across Europe & MEA
3.6.1.5. Growth in electric vehicle market sales
3.6.2. Industry pitfalls and challenges
3.6.2.1. High costs associated with maintenance and replacement
3.6.2.2. Excessive noise causing discomfort
3.6.2.3. Environmental concerns
3.7. Growth potential analysis
3.8. Porter’s analysis
3.8.1. Industry rivalry
3.8.2. Threat of new entrants
3.8.3. Buyer power
3.8.4. Supplier power
3.8.5. Threat of substitutes
3.9. Competitive landscape, 2018
3.9.1. Company market share
3.9.2. Strategy dashboard
3.10. PESTEL analysis

Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/371

Europe is projected to be one of the prominent regions for the growth of the automotive HVAC market owing to the growing production of premium passenger vehicles in the region. The automotive industry in Germany is the most significant contributor to the country’s GDP. In 2017, over 20% of global passenger cars were produced in Germany accounting for over 16 million units. The German automotive industry caters to demands globally and produces the largest number of premium cars. Audi, Mercedes, and BMW are some of the well-established premium brands among automotive OEMs. German OEMs sells over 60% of all premium passenger cars across the world. AC automotive, Audi, BMW, Ford, Iveco, MAN, Mercedes, Neoplan, Volkswagen, Porsche are the most innovative OEM suppliers that strengthen their R&D. This will create a significant demand for thermal management systems, propelling automotive HVAC market growth.

Continuous R&D investments by companies involved in the automotive HVAC market have resulted in the development of eco-friendly systems. Compressors need high power of up to a thousand Watts for their operation. Efforts are being focused on reducing the energy consumption and active time to improve the efficiency of compressors, augmenting technological innovations in the automotive HVAC market. In addition, measures such as replacement of the mechanical expansion valve by an electrochemical valve controlled using a linear stepper motor and decreasing the temperature of airflow running over the evaporator to gain better control over the flow of refrigerant has been proposed. This is projected to contribute towards the automotive HVAC market growth.

Browse Full Reports: https://www.gminsights.com/industry-analysis/automotive-HVAC-market

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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