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Global Automotive HVAC System Market, by Product types (Automatic, Manual), by Application (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles), and Geography - Forecast to 2025

12-30-2020 01:52 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: i2iresearch.com

Automotive HVAC System Market

Automotive HVAC System Market

Global Automotive HVAC System Market was valued at US$ 18.71 billion in 2019 and is projected to reach US$ 33.34 billion by 2025, at a CAGR of 8.6 % during the forecast period. Increasing demand for thermal systems, automatic climate control feature, rising safety concerns, and adoption of eco-friendly refrigerants are some of the key factors that are contributing to the growth of the market. HVAC system in a vehicle is used for monitoring the internal temperature of the vehicle cabin. OEM’s such as Mercedes, Audi and BMW, are focussing on modified and consumer-friendly HVAC systems and launching new technology in the market to propel the growth of the industry during the forecast period.

The market for Automatic HVAC System is expected to grow at rapid rate compared to the manual one. The need for ease in operation and desire for more comfort has directly influenced the automatic HVAC market. These sensor driven systems detect the outside temperature and regulate the cabin temperature within the vehicle. Manual HVAC are mostly found in entry level budget cars due to their low cost and limited capabilities.

Passenger cars accounted for three quarters of the overall revenue of the HVAC market. Over the years air conditioning in a car has become most standard option. Other climate control features are added as a standard feature in luxury and high-end SUVs. However, the entry level cars are equipped with at least manual HVAC systems, if not for automatic ones.

Deep analysis about Automotive HVAC System market status (2016-2019), competition pattern, advantages and disadvantages of products, industry development trends (2019-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to downstream buyers of this industry have been analysed scientifically. This report will help you to establish comprehensive overview of the Automotive HVAC System Market

Report Link
For more details on “Automotive HVAC System” Market Report: https://i2iresearch.com/report/global-automotive-hvac-system-market-2020-market-size-share-growth-trends-forecast-2025/

What this report Offers
This report covers an in-depth analysis of the Automotive HVAC System market including statistical and qualitative data points with emphasis on the market dynamics including the drivers, opportunities & restraints.

There is a coverage of market dynamics at country level in the respective regional segments. The report comprises competitive analysis with focus on key players and participants of Automotive HVAC System market covering in-depth data related to competitive landscape, positioning, company profiles, key strategies adopted and product-profiling with focus on market growth and potential.

To avail a copy of the sample of the Automotive HVAC System Market Report: https://i2iresearch.com/download-sample/?id=6445

Key Segmentations in this report
Global Automotive HVAC System Market, by Players
• Brose Fahrzeugteile GmbH & Co. Kg
• Air International Thermal Systems
• Hanon Systems
• Calsonic Kansei
• Engineered Plastic Components
• Denso Corporation
• DelStar Technologies
• Johnson Electric
• Sanden Holdings Corporation
• Valeo Group

Global Automotive HVAC System Market, By Product Types
By Technique:
• Automatic
• Manual

Global Automotive HVAC System Market, By Application
• Passenger Vehicles
• Light Commercial Vehicles
• Heavy Commercial Vehicles

For a detailed table of content of the Automotive HVAC System Market Report: https://i2iresearch.com/report/global-automotive-hvac-system-market-2020-market-size-share-growth-trends-forecast-2025/

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We specialize in providing deep market insights that help our clients in getting an in-depth understanding of how different factors impact their business and the industry that they are in or planning to get into. As a result, we are able to help you always stay ahead of the curve and achieve a sustained revenue growth with healthy bottomline."

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