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Exclusive Report on Automotive HVAC Market Analysis By Key Players, SWOT Analysis, Growth Factors and Forecast till 2028
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COVID-19 scenario:
• The temporary lockdown and restriction have led to supply chain disruption, presenting import and export challenges across different sectors.
• The companies operating in the Automotive HVAC market have been negatively impacted due to the COVID-19 pandemic resulted in a decrease in the growth of the market for 2020 and 2021.
The major factor that have impacted the growth of the market includes Increased safety and comfort as a result of HVAC system adoption, among others.
The increased demand for safety, comfort, and aesthetic features in vehicles has resulted in several technological advancements. HVAC systems ensure a comfortable ride for both the driver and the passenger. Furthermore, the system contributes to defrosting windows, demisting windshields, and dehumidifying air, all of which improve passenger comfort. The system's safe and clean operation eliminates future risk factors. Thus, increased safety as a result of HVAC system adoption by providing safe and favorable conditions inside the vehicle cabin is expected to drive the automotive HVAC market growth.
Regional Analysis
The Asia-Pacific market is expected to grow significantly due to the proximity of key automotive manufacturers, large-scale vehicle production, and spiraling vehicle demand in manufacturing countries such as India, South Korea, and China. Government efforts to resurrect the automotive industry will be required to propel the market in the coming year.
IMP NOTE: All our reports will be updated considering the impact of the COVID-19 scenario before delivery.
The global Automotive HVAC market provides an in-depth analysis of key players which includes:
• Denso Corp
• Valeo
• Behr
• Halla Climate Control Corp
• Delphi Automotive
• Calsonic Kansei
• Visteon Corp
• Sanden Corp
• Brose
• Webasto
The global Automotive HVAC Market is segmented based on Technology, Vehicle Type, Component. Based on Technology, the market is segmented as Automatic and Manual. Based on Vehicle Type, the market is segmented as Passenger Car, Commercial Vehicle, and Electric Vehicle. Based on the Component, the market is segmented as Evaporator, Compressor, Condenser, Receiver-drier, Expansion Valve, and Others.
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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa and South America)
Key Questioned Answered Through The Report:
• The Impact of COVID-19 on the global market
• What are the potential opportunities for new entrants in the global market
• What is the market Size and Forecast from 2020 to 2028?
• Key Players associated with the global Automotive HVAC Market
• Value Chain Analysis of Global Automotive HVAC Market
• What is the CAGR of the global Automotive HVAC Market from 2021 to 2028
• Major Growth Factor, Challenges, Trends, and Opportunities in the global market
• Key outcomes of SWOT Analysis
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging the pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
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