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Automotive HVAC System Market Soars from $43.37 Billion in 2019 to a Projected $68.188 Billion by 2027, Marking a 5.8% CAGR Growth

01-30-2024 02:11 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Automotive HVAC System Market Soars from $43.37 Billion in 2019

According to a recent report published by Allied Market Research, titled," ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐‡๐•๐€๐‚ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐›๐ฒ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ, ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐“๐ฒ๐ฉ๐ž ๐š๐ง๐ ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ: ๐†๐ฅ๐จ๐›๐š๐ฅ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐š๐ง๐ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ, ๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ•." The global automotive HVAC system market was valued at $43.370 billion in 2019, and is projected to reach $68.188 billion by 2027, registering a CAGR of 5.8% from 2020 to 2027. By technology, the automatic technology segment was the highest revenue contributor in 2019, accounting for $24,623.57 million, and is estimated to reach $39,545.37 million by 2027, registering a CAGR of 6.1% during the forecast period. In 2019, Asia-Pacific was anticipated to account for major market share.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ : https://www.alliedmarketresearch.com/request-sample/115

๐‹๐ž๐š๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ :
Denso Corporation,
Valeo services,
Hanon Systems (HVCC),
Calsonic Kansei Corporation,
Sanden Holdings Corporation,
Mahle GmbH,
Johnson Electric,
Sensata Technologies, Inc,
Keihin corporation
Air International Thermal Systems.

An HVAC (heating, ventilation, and air conditioning) system controls the internal heat of a vehicle cabin. It consists of three subsystems: air conditioning, cooling, and heating, which work together to deliver purified air to the vehicle cabin and ensure thermal comfort for passengers and drivers.

It controls the air temperature, analyzes the moisture content, and eliminates excess humidity from the circulating air. The global automotive HVAC system market share is propelled by a rise in demand for automatic climate control features and thermal systems, an increase in disposable income and a surge in vehicle sales. According to a recent report published by Allied Market Research, the global automotive HVAC system market is estimated to portray the highest CAGR throughout the forecast timeframe. The primary market players are concentrating their investments on R&D projects to create cutting-edge technologies and economical, fuel-efficient HVAC solutions. Integration of Internet of Things (IoT) technology to enable remote control of the HVAC system is one of the major trends in the automotive HVAC system industry. This implies that drivers can adjust the temperature, fan speed, and other settings while outside the vehicle using a smartphone or other device.

Another development is the expanding use of advanced sensors and algorithms to enhance the efficiency of the HVAC system. The HVAC settings can be adjusted by these systems to create the most comfortable interior environment based on factors such as the number of passengers in the car, the outside temperature, and the amount of sunlight entering the vehicle. The energy efficiency of automotive HVAC systems is also becoming a bigger priority. The amount of energy required to heat or cool a car's interior can be decreased by using new technologies like heat recovery systems and heat pumps, which are being investigated by manufacturers. This helps to increase the range of electric and hybrid cars while also saving fuel and reducing emissions.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/automotive-HVAC-market/purchase-options

๐“๐ก๐ž๐ซ๐ž ๐ก๐š๐ฏ๐ž ๐›๐ž๐ž๐ง ๐ฌ๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐ญ๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐š๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐š๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐‡๐•๐€๐‚ ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ ๐ข๐ง ๐ซ๐ž๐œ๐ž๐ง๐ญ ๐ฒ๐ž๐š๐ซ๐ฌ, ๐ฌ๐จ๐ฆ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐ข๐ฆ๐ฉ๐จ๐ซ๐ญ๐š๐ง๐ญ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž :

๐„๐ง๐ž๐ซ๐ ๐ฒ ๐œ๐จ๐ฆ๐ฉ๐ซ๐ž๐ฌ๐ฌ๐จ๐ซ๐ฌ : The compressor in conventional HVAC systems is driven by an engine-powered belt, which can be inefficient and use a lot of fuel. However, battery-powered electric compressors have the potential to be more energy-efficient because they are powered continuously.

๐ƒ๐ฎ๐š๐ฅ-๐ณ๐จ๐ง๐ž ๐š๐ง๐ ๐ญ๐ซ๐ข-๐ณ๐จ๐ง๐ž ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ : These systems enable the driver and passengers to customize their own climate zones and set their preferred temperatures.

๐€๐ข๐ซ ๐ฉ๐ฎ๐ซ๐ข๐Ÿ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ : In order to create a cleaner and healthier interior environment, some cars now have air purification systems that can filter out allergens and pollutants.

๐€๐๐ฏ๐š๐ง๐œ๐ž๐ ๐ฌ๐ž๐ง๐ฌ๐จ๐ซ๐ฌ : The most comfortable interior environment can be achieved by adjusting the HVAC settings in accordance with factors like the number of passengers, the outside temperature, and the amount of sunlight entering the car.

๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐ž๐ญ ๐จ๐Ÿ ๐“๐ก๐ข๐ง๐ ๐ฌ (๐ˆ๐จ๐“) ๐ข๐ง๐ญ๐ž๐ ๐ซ๐š๐ญ๐ข๐จ๐ง : Even when the driver is not in the vehicle, the integration of IoT technology can allow remote control of the HVAC system from a smartphone or other device.

These improvements have enhanced the whole driving experience for consumers by making automotive HVAC systems more effective, practical, and adaptable.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  : https://www.alliedmarketresearch.com/purchase-enquiry/115

๐‘๐ž๐œ๐ž๐ง๐ญ ๐๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐š๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐‡๐•๐€๐‚ ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐ฆ๐š๐ซ๐ค๐ž๐ญ :

๐Ÿ. In October 2022, innovative pneumatic comfort and thermal management company, Gentherm declared that it has been chosen by Cadillac to provide ClimateSense for the upcoming Cadillac CELESTIQ in 2024.

๐Ÿ. Infineon Technologies unveiled its motor control kit, MOTIX, a complete system solution for motor control. The pre-assembled kit involves everything required to get the motor spinning in seconds, comprising a chipset with a BLDC motor and pre-flashed sample software. These kits utilized in cooling fans, auxiliary pumps, HVAC blowers, as well as any other application that uses 3-phase low-voltage BLDC motors.

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ :

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ : https://www.alliedmarketresearch.com/automotive-software-market

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐“๐ซ๐š๐ง๐ฌ๐œ๐ž๐ข๐ฏ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ : https://www.alliedmarketresearch.com/automotive-transceivers-market

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐•๐จ๐ข๐œ๐ž ๐‘๐ž๐œ๐จ๐ ๐ง๐ข๐ญ๐ข๐จ๐ง ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ : https://www.alliedmarketresearch.com/automotive-voice-recognition-system-market-A07279

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐’๐ฎ๐ง๐ซ๐จ๐จ๐Ÿ ๐Œ๐š๐ซ๐ค๐ž๐ญ : https://www.alliedmarketresearch.com/automotive-sunroof-market

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐„-๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ : https://www.alliedmarketresearch.com/automotive-e-commerce-market-A08491

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐„๐ญ๐ก๐ž๐ซ๐ง๐ž๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ : https://www.alliedmarketresearch.com/automotive-ethernet-market-A07114

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ :

David Correa
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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ :

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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