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Electric Vehicle HVAC Market Size 2020-2026; The Best Advice You Could Ever Get !

02-04-2020 11:06 AM CET | Energy & Environment

Press release from: Fortune Business Insights Pvt Ltd

Electric Vehicle HVAC Market Size 2020-2026; The Best Advice You

The rising R&D investment by key players for the manufacture of advanced automotive air conditioning systems at affordable prices is expected to bolster the growth of the global electric vehicle HVAC system market, says Fortune Business Insights(TM) in a report, titled " Electric Vehicle HVAC Market Size, Share & Industry Analysis, By Technology Type (Long-range, Medium-Range, Short Range), By Electric Compressor Type (Electric Compressor, Hybrid Drive Compressor), By Vehicle Type (Passenger Cars, Commercial Vehicles) and Regional Forecast, 2019-2026" the rising demand for electric vehicles is predicted to bolster healthy growth of the market in the forthcoming years.

Browse Report Summary:
https://www.fortunebusinessinsights.com/industry-reports/electric-vehicle-hvac-market-101890

List of the Major Companies Operating in the Electric Vehicle HVAC Market Include:

o Sanden Corporation
o Hanon Systems
o Brose Fahrzeugteile GmbH & Co. Kg
o Hefei Carnot Automotive Air Conditioning Co., Ltd
o Mahle Behr GmbH
o Valeo S.A.
o Denso Corporation
o Panasonic Corporation
o Calsonic Kansei Corporation
o Valeo
o Toyota Industries Corporation
o Delphi Plc

According to the report, the market based on type is segmented into technology type, electric compressor (independent and non-independent), hybrid drive compressor. The electric Compressor segment is expected to dominate the market as its nature to provide better cooling capacity and better comfort than a hybrid drive compressor. The market based on vehicle type is segmented into passenger cars and commercial vehicles. Passenger car segment is expected to dominate the market owing to rising demand for electric vehicles, and electric compressor is majorly installed in passenger vehicles.

The report on electric vehicle HVAC system market size emphasizes on signifying a complete assessment of the market. It contains facts, thoughtful insights, historical information, industry-validated market information, and projections with a suitable set of assumptions and methodology.

It offers valuable insights into all the notable developments of the market. It shares a complete overview of all the segments & parts of the market and also provides statistical data on all the regions. It is created after extensive research followed by an all-encompassing analysis to benefit companies, stakeholders, financers, and potential investors. Moreover, it also includes product launches, acquisitions, collaborations & partnerships, and industry developments.

Request a Sample Copy of the Market Research Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/electric-vehicle-hvac-market-101890

Collaboration between IPG and Photonics to Create New Opportunities for the Market

The Brose Group, an automotive supplier, collaborated with IPG Photonics, the world leader in fiber lasers for the development of the first direct weld measurement technology for automotive seat rails. The In-line coherent imaging (ICI) technology will increase manufacturing efficiency, streamline validation and minimize waste.

The collaboration is predicted to bolster the electric vehicle HVAC system market growth in the forthcoming year.

Furthermore, the commendation of Hanon Systems as Supplier of the Year by General Motors is likely to boost the electric vehicle HVAC system market share in the forthcoming years. For instance, May 20, 2019, Hanon Systems, a leading supplier of automotive thermal and energy management solutions, has been named a GM Supplier of the Year by General Motors during its 27th annual Supplier of the Year awards ceremony held on Wednesday, May 15 in Detroit. In addition, mandatory policies for the implementation of air conditioners in cab services to give better comfort to the consumers is expected to bolster the healthy growth of the market in the forthcoming year.
However, the high maintenance cost of HVAC is a crucial factor predicted to hinder the growth of the electric vehicle HVAC market in the future.

Growing Demand for Electric Vehicles to Boost Growth in North America

Geographically, the Electric Vehicle HVAC market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific is expected to dominate the market, owing to the presence of major automotive companies. The large production line and increasing demand for electric vehicles in countries such as India, China, and South Korea is predicted to accelerate growth in Asia Pacific.

North America is expected to witness significant growth during the forecast period due to the improving macroeconomic conditions and increasing vehicle production. The increasing demand for cost-effective electric vehicles is expected to enable growth in North America.

Have Any Query? Ask Our Experts:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/electric-vehicle-hvac-market-101890

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Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM), we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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