Bus HVAC Market Forecast to Experience Massive Growth During Forecast Period 2030

Global Bus HVAC Market is valued approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.

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The Bus HVAC can be defined as heating, ventilation, and air conditioning (HVAC) system designed for installation in Bus and heavy vehicles. HVAC system is used in cooling, dehumidification, and filtration of the air within the passenger compartment of a bus. A heating system of a bus comprised of the heater core, the blower motor and fan, heater hoses, the heater control valve. While an air conditioning system consists of compressor, condenser, evaporator, and controls. The growing automotive sector worldwide and increasing demand for automatic climate control features in heavy vehicles as well as Strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, International Energy Agency (IEA) estimates - in 2019, the total electric bus registration in Europe were estimated at 2000 units and it further increased to 3000 in 2021. Further, in China during 2020, around 60,000 new electric busses were registered, and it further increased to 86000 in the year 2021.

Furthermore, leading market players in BUS HVAC Market are working towards strategic initiatives such as market expansion to capture new untapped markets. For instance, in September 2019, Esslingen, Germany based Eberspaecher, a leading manufacturer of bus air-conditioning solutions, commissioned a new plant in Bangalore. This new 6000 square meter plant would be utilized for manufacturing of electric air-conditioning systems for hybrid and electric buses. Moreover, in Dec 2019, Aichi, Japan based Denso unveiled full electrical rooftop HVAC system with two integrated electrical compressors, intended for electric buses. Further, in April 2021, Minnesota, USA based Thermo King, a brand of Trane Technologies, launched a new air purification solution for buses. Thermo King's Air Purification Solution tested and proven to be 98% effective in deactivating certain viruses. Also, growing investment towards transport & Mobility sector coupled with increasing adoption of electric buses are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, volatile cost associated with raw materials impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Bus HVAC Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing adoption of heating system in buses and presence of leading market players. Whereas, Asia pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of automotive sector and increasing investment towards electric buses in the region, would create lucrative growth prospects for the global Bus HVAC Market across the Asia Pacific region.

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Major market players included in this report are:

Coachair Pty Ltd.
Denso Corporation
Eberspacher Gruppe GmbH & Co. KG
Grayson Thermal Systems
Honeywell International Inc.
Internacional Hispacold SA
Konvekta AG
MAHLE GmbH
Mobile Climate Control, Inc.
Sanden Holdings Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type

Automatic

Manual

By Vehicle Type

Intercity Buses

Coach Buses

School Buses

Transit buses

By Sales Channel

OEM

Aftermarket

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By Input

Engine Powered HVAC

Electric Powered HVAC

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

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Table of content

Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types

Some of the Key Questions Answered in this Report:

What is the Market dimension at the regional and country-level?
What are the key drivers, restraints, opportunities, and challenges of the Market, and how they are anticipated to influence the market?
What is the international (North America, Europe, Asia-Pacific, South America, Middle East and Africa) income value, manufacturing value, consumption value, import and export of Market?
Who are the world key producers of the Market Industry? How is their working state of affairs (capacity, production, sales, price, cost, gross, and revenue)?
What are the Market possibilities and threats confronted via the carriers in the world Market Industry?
Which application/end-user or product kind may also be seeking for incremental boom prospects? What is the market share of every kind and application?
What targeted method and constraints are keeping the Market?
What are the distinct sales, marketing, and distribution channels in the world industry?
What are the upstream uncooked substances and manufacturing gear of Market alongside with the manufacturing technique of Market?
What are the key market tendencies impacting the increase of the Market?
Economic have an impact on the Market enterprise and improvement vogue of the Market industry.
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