Press release
Automotive HVAC Market Top key Players - Denso Corporation, Mahle GmbH, Hanon Systems, Valeo, Mitsibushi Heavy Industries Ltd, Johnson Electric, Calsonic Kansei Corporation, Sanden Corporation, Keihin Corporation
HVAC systems are using passive absorption. These absorbers are installed to reduce the noise generated in the cabin by these systems. Developments in this specialization help expand the Automotive HVAC market.
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GLOBAL AUTOMOTIVE HVAC MARKET DYNAMICS
• Demand for thermal systems and automatic climate control leads the global HVAC market. Also, the need for environmentally friendly refrigerants and cooling water is driving the HVAC market. Increasing demand for thermal comfort and increasing automatic HVAC penetration are expected to drive the Automotive HVAC market.
• Due to the increasing demand for safety, comfort and the latest features, several HVAC technology developments have been made. The HVAC system contributes to window defrosting, windshield fogging and air dehumidification to improve passenger visibility and safety. Therefore, by providing safe and favorable conditions indoors, HVAC is expected to drive the growth of the automotive HVAC market.
• The automaker has integrated an air purifier into the interior of the car. Water purifiers are an integral part of HVAC. Development in this sector is expected to expand the Automotive HVAC market globally.
GLOBAL AUTOMOTIVE HVAC MARKET SEGMENTATION
By Technology
• Automatic
• Manual
By OEM
• GM
• Toyota
• VW Group
• Ford
• FCA
• BMW
• Daimler
• Honda
• Hyundai-KIA
• Chinese OEMs
• Indian OEMs
• Other OEMs
By Vehicle Type
• Passenger Cars
• Commercial Vehicles
By Geography
• US
• Europe
• China
• Asia-Excluding China
• ROW
AUTOMOTIVE HVAC MARKET BY COMPONENTS
The compressor is a key component of the HVAC system. The existing compressor was a reciprocating compressor driven directly by the crankshaft of the engine. However, the need for improved compressors and scroll compressors has emerged due to technological advances and the increase in EVs. The development of the various components used in HVAC will help the market grow steadily and will help in future expansion. The graph below shows the component wise market for HVAC systems.
RECENT TRENDS IN AUTOMOTIVE HVAC MARKET
• Honda introduced a new cabin AC filter system in May 2021 and deployed it in Europe. The new filter system has a 4-layer filter to keep the amount of COVID19 virus out of the cabin. Captures and inactivates nearly 100% of the viral load.
• Johnson Electric launches AML Condensation Management Device for the automotive industry in 2021.
• Hyundai Motor Group announced the development of a new 3-cast series of HVAC technology to improve the air quality of vehicles and create a comfortable indoor environment for users.
COMPETITIVE LANDSCAPE
• The world's best automotive HVAC manufacturers are Mahle GmbH (Germany), Hanon Systems (Korea), Mitsubishi Heavy Industries Ltd (Japan), Denso Corporation (Japan) and Toyota Industries Corporation.
• Global automaker Hanon Systems announced in May 2021 the acquisition of its capacitors division for Keihin Corporation's operations in North America and Europe.
• Johnson electric's sales for the quarter ended June 2021 were $ 877 million, compared to $ 517 million for the same quarter of 2020.
COMPANY PROFILE
• Denso Corporation
• Mahle GmbH
• Hanon Systems
• Valeo
• Mitsibushi Heavy Industries Ltd
• Johnson Electric
• Calsonic Kansei Corporation
• Sanden Corporation
• Keihin Corporation
Read More Information: https://mobilityforesights.com/product/automotive-hvac-market-2/
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We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment. We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.
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