Press release
Global Automotive Air Conditioner Orifice Tube Market to be dominated by Replacement segment till 2026
According to TechSci Research report, “Automotive Air Conditioner Orifice Tube Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026, Segmented By Vehicle Type (Passenger, LCV, M&HCV), By Demand Category (OEM vs Replacement) and By Region”, the global automotive air conditioner orifice tube market is expected to witness a growth of steady CAGR for the forecast period, 2022-2026. The rise in the demand to install air conditioner in automobiles to provide enhanced comfort and convenience to the riders is influencing the demand for the automotive air conditioner orifice tube market. Air conditioner installed in automobile consists of various components, namely evaporator, orifice tube, compressor, condenser, and accumulator. The orifice tube is associated with an accumulator at the evaporator in automobiles. The evaporator is one of the major parts of the cooling system, and it is responsible for the removal of heat from the air and harnessing refringent in the liquid state. The orifice tube controls the amount of refringent entering into the evaporator. Orifice tubes are made up of three parts: a metal tube with a chamfered inlet, plastic body, and an inlet and outlet filter. An orifice tube also acts as a dividing line between low-pressure and high-pressure sections. The rise in the demand for automobiles in developing countries and the growing consumer awareness for the highest quality standards is influencing the market demand. The high sales of passenger cars and commercial cars equipped with the latest features and technologies contribute to market growth. With the rise in the temperature across the globe, the demand for the installation of air conditioners in automobiles is expected to increase.
However, the automotive air conditioner consumes more fuel and increases the chances of certain health problems such as skin dryness that may restrain the global automotive air conditioner orifice tube market growth for the next five years.
Browse XX Figures spread through 110 Pages and an in-depth TOC on "Global Automotive Air Conditioner Orifice Tube Market”.
https://www.techsciresearch.com/report/automotive-air-conditioner-orifice-tube-market/7882.html
Global automotive air conditioner orifice tube market is segmented into vehicle type, demand category, regional distribution, and company. Based on demand category, the market is bifurcated into OEM and replacement. The replacement segment is expected to dominate the global automotive air conditioner orifice tube market for the next five years, 2022-2026. Orifice tubes require minimal maintenance as they have no moving parts and are not susceptible to malfunctioning. Orifice tube gets clogged with debris over time thereby require the need to be replaced to ensure proper functioning. Based on vehicle type, the market is divided into passenger, LCV, M&HCV. The passenger car segment is expected to account for major market share for the forecast period. Increasing per capita income of the customers owing to changing preference for vehicle ownership and comfort is driving the sales of passenger cars across the globe. Air conditioners are crucial part of passenger cars and are installed to influence the customer purchasing behaviour. The ongoing technological advancements are lowering the cost of installation of air conditioners into the automobiles. The rise in the competition among various market players to provide more comfort to consumers is making the automobile manufacturers to deliver advanced automotive air conditioner systems to ensure maximum efficiency and performance.
Global Air, Inc., Valeo, TORALIN, General Motors Company, Ford Motor Company, Universal Air Conditioner Inc., SAE International are the leading players operating in global automotive air conditioner orifice tube market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several automotive air conditioner orifice tube manufacturers are coming up with their technologically advanced offerings.
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“The growing market growth of private rental car services such as Uber, Ola, and Lyft to provide enhanced consumer experience and the growing competition among the market players is boosting the demand for quality services in the car. Increasing penetration of internet services and the proliferation of smart devices are fueling the access of cars across the world. Private rental car services market players are providing facilities like free wi-fi, air conditioner, cancellation policy to attract more customers. The rise in the demand for the installation of air conditioners in automobiles is expected to propel the global automotive air conditioner orifice tube market growth till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Automotive Air Conditioner Orifice Tube Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026
Segmented By Vehicle Type (Passenger, LCV, M&HCV), By Demand Category (OEM vs Replacement) and By Region” has evaluated the future growth potential of global automotive air conditioner orifice tube market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of global automotive air conditioner orifice tube market.
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