openPR Logo
Press release

Global Automotive Climate Control Market Size Worth US$ 13.6 Billion By 2027 | IMARC Group

03-07-2023 12:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Automotive Climate Control

Automotive Climate Control

 According to the recent report by IMARC Group, titled "Automotive Climate Control Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The global automotive climate control market size reached US$ 9.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.6 Billion by 2027, exhibiting a growth rate (CAGR) of 6.1% during 2022-2027.

Automotive climate control is an integrated heating, ventilation, and air conditioning (HVAC) system that helps to regulate the temperature within a vehicle. It comprises an evaporator that boils the refrigerant and absorbs heat, a compressor that circulates the refrigerant and compresses vapors, and a condenser that cools down the surrounding air and liquefies the refrigerant. It can be operated manually or automatically to maintain a comfortable temperature inside the vehicle and to provide thermal comfort through sufficient ventilation, ensuring maximum comfort for passengers. As a result, automotive climate control systems find extensive applications in passenger cars and light, medium, and heavy commercial vehicles across the globe.

Automotive Climate Control Market Trends:

The automotive climate control market is primarily driven by the rising need for luxury vehicles. Moreover, hybrid and electric vehicle (H/EV) manufacturers are incorporating these systems with environment-friendly refrigerants to reduce carbon emissions, which is positively influencing the market growth. Additionally, the rising integration of innovative automobile sensors that detect and adjust the cabin temperature, defrost windows, demystify windshields, and dehumidify air based on outside temperature and humidity levels have catalyzed the market growth. Other factors, including ongoing research and development (R&D) activities aimed at creating energy-efficient systems, rapid expansion in the automotive sector, and inflating consumer disposable incomes, are also anticipated to propel the market growth.

Global Automotive Climate Control Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Air International Thermal Systems
Calsonic Kansei Corporation
Denso Corporation
Eberspächer Group
Hanon Systems
Japanese Climate Systems Corporation
Keihin Corporation, Mahle GmbH
Sanden Holdings Corporation
Subros Limited
Valeo SA Ltd.

The report has segmented the market on the basis on region, technology, component, vehicle type and distribution channel.

Breakup by Technology:

Automatic
Manual

Breakup by Component:

Condenser
Compressor
Relays and Control Valves
Evaporators and Thermostats
Drier/Receiver
Others

Breakup by Vehicle Type:

Passenger Cars
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)

Breakup by Distribution Channel:

OEMs
Aftermarket

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/automotive-climate-control-market

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Other Reports:

Automotive Remote Diagnostics Market: https://www.imarcgroup.com/automotive-remote-diagnostics-market

Automotive Refinish Coatings Market: https://www.imarcgroup.com/automotive-refinish-coatings-market

Automotive Slipper Clutch Market: https://www.imarcgroup.com/automotive-slipper-clutch-market

Tire Pressure Monitoring System Market: https://www.imarcgroup.com/tire-pressure-monitoring-system-market

Contact Us:

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Automotive Climate Control Market Size Worth US$ 13.6 Billion By 2027 | IMARC Group here

News-ID: 2964223 • Views:

More Releases from IMARC Group

Geo-Textile Manufacturing Plant Setup Cost 2025: CapEx/OpEx Analysis with Profitability Forecasts
Geo-Textile Manufacturing Plant Setup Cost 2025: CapEx/OpEx Analysis with Profit …
Setting up a geo-textile manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Geo-Textile Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a geo-textile manufacturing plant, covering
Cashew Butter Manufacturing Plant Report 2025: Raw Materials, Investment Opportunities, Cost and Revenue
Cashew Butter Manufacturing Plant Report 2025: Raw Materials, Investment Opportu …
Cashew butter is a creamy spread made by grinding roasted cashew nuts into a smooth paste, often enhanced with a pinch of salt or sweeteners. It is rich in healthy fats, protein, vitamins, and minerals, making it a nutritious alternative to traditional spreads like peanut butter. Cashew butter is widely used as a spread, in smoothies, baked goods, and health-focused recipes, gaining popularity among health-conscious consumers, vegans, and those seeking
Calcium Chloride Anhydrous Production Cost Report 2025: Plant Setup Economics and Financial Outlook
Calcium Chloride Anhydrous Production Cost Report 2025: Plant Setup Economics an …
Setting up a calcium chloride anhydrous production facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Calcium Chloride Anhydrous Production Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a
Paper Bag Manufacturing Plant Cost Report 2025: Layout, Machinery, Raw Materials, and Financial Outlook
Paper Bag Manufacturing Plant Cost Report 2025: Layout, Machinery, Raw Materials …
Setting up a paper bag manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Paper Bag Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a paper bag

All 5 Releases


More Releases for Automotive

Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030. Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%. Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident. In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business. Get Sample Copy of this Report for more Information
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of