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Automotive HVAC Market Industry Analysis, Growth, Trends and Forecast - 2025
Automotive HVAC Market
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Some of the market players of the global automotive HVAC market include Denso Corp., Mitsubishi Heavy Industries Ltd., MAHLE GmbH, Johnson Electric Holdings Ltd., and Calsonic Kansei Corp.
At present, most of the vehicles are equipped with HVAC systems, and the number of vehicles is further expected to increase in the near future. The increasing demand for automotive HVAC systems and soaring need for more luxurious and comfortable travel are the major factors that are driving the growth of the automotive HVAC systems market across the globe. According to the report of the Organization Internationale des Constructers automobiles (OICA), the global vehicle production unit reached over 97 million in 2017 compared to nearly 95 million units in 2016. These numbers are further anticipated to grow in the near future; thereby, propelling the market growth over the forecast period.
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Moreover, the safety and comfort of road transportation both have been improved by the integration of electronics into automobiles. Sensors integrated HVAC systems yield electronic signals by measuring parameters such as gas or humidity concentration and pressure. The key players offering automotive HVAC are making a hefty investment in R&D of HVAC systems to offer advanced automotive HVAC systems. The companies are intending to offer highly efficient automotive HVAC, which are low in cost and highly effective and can provide maximum safety and comfort. For instance, Denso publicized to help Toyota develop Prius to improve its thermal, sensing and hybrid technologies for a safer, fuel-efficient, and greener environment.
Sensata, one of the leading automotive sensor manufacturers develops and markets HVAC sensors across the globe. The company has developed a sensor that changes the pressure by reversing the curvature when the critical pressure limit is reached. This provides safety against high-pressure conditions, cuts off AC systems in case of any leaks, and controls the functioning of an AC fan and compressor. Thus, the presence of key market players in the Automotive HVAC market is expected to contribute significantly to the market growth during the forecast period.
Automotive HVAC Market Segmentation
By Type
• Manual HVAC
• Automatic HVAC
By Vehicle Type
• Passenger Vehicle
• Commercial Vehicle
Automotive HVAC Market – Segment by Region
North America
• US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
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Contact Person: Mr. Anurag Tiwari
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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