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Asia-Pacific Trucks and Trailers HVAC Market : $28.56 Billion in 2021 to $49.66 Billion by 2031, Growth Trends and Forecast (2022-2031)

05-24-2024 09:24 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Asia-Pacific Trucks and Trailers HVAC Market : $28.56 Billion

According to a recent report published by Allied Market Research, titled, "Asia-Pacific Trucks and Trailers HVAC Market by Vehicle Type, Sales Channel and Propulsion Type: Opportunity Analysis and Industry Forecast, 2022-2031," the Asia-Pacific trucks and trailers HVAC market was valued at $28,557.8 million in 2021, and is projected to reach $49,662.2 million by 2031, registering a CAGR of 5.6% from 2022 to 2031.

Japan dominates the market, in terms of revenue, followed by India and South Korea. However, Philippines is expected to grow at a significant rate during the forecast period, owing to increased demand for HVAC-equipped trucks and trailers for usage in different industries across the country.

๐†๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ & ๐“๐Ž๐‚ : https://www.alliedmarketresearch.com/request-sample/75167

HVAC system installed in a vehicle is designed to control the temperature of the interior cabin as well as the trailer of the vehicle. HVAC system is designed in such a way that it adjusts the interior temperature of trucks and trailers through the control panel and sensors installed within the system. Moreover, with the increased inclination towards cold chain logistical transportation across the region, the demand for temperature controlled trucks and associated trailers has increased which has eventually created a wider scope for the growth of the market across the globe.

In addition, the key companies operating in the truck and trailer HVAC system industry has been developing advanced technology for application in vehicles which creates a wider scope for the growth of the market across the region. For instance, in January, 2023, Carrier launched its array of next-generation sustainable and electric temperature-controlled transport units, alongside the all-new Pulsor eCool and Vector HE 17 systems. Its electric product for all vehicle types and sizes, from vans and light commercials to rigid trucks and trailers. Similarly, in February, 2022, Eberspรคcher announced the launch of their pre-assembled evaporator system (KAB) that integrated air distribution and manual operating elements and could be easily installed in the cabin roof. In addition, the new Airtronic S3 air heater was suitable for the cabin heater of tractors. Such developments has created a wider scope for the growth of the Asia-Pacific truck and trailer HVAC market.

In addition, the demand for HVAC to be present in vehicles has increased to such an extent that truck manufacturers have collaborated extensively with climate-control experts to ensure that the components, ducts, vents, and controls are appropriate for the vehicle's interior and intended use. Some features can increase temperature control precision and avoid key component failures before they happen. Truck HVAC system upgrades are available from HVAC manufacturers to improve the convenience and safety of the truck driver and cargo. For instance, battery HVAC systems are insufficient for longer durations due to the extreme impacts of climate change, which have resulted in greater temperatures. Nevertheless, battery-run HVAC systems can create solar-powered HVAC systems for a longer duration.

Advanced HVAC systems also cut fuel consumption and emissions of vehicles, increasing the demand for trucking fleets for battery-operated HVAC systems. Furthermore, mining and e-commerce companies face the daily challenge of meeting the customers' deadlines. Fast delivery has become a cutting-edge strategy to gain maximum market share owing to the struggle among these companies. Furthermore, the demand for trucks has escalated significantly in recent years, owing to an increase in demand for fast deliveries and short-term deliveries for raw materials across various industries.

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/asia-pacific-trucks-and-trailer-hvac-market/purchase-options

Companies are coming up with new and advanced refrigeration systems to cater to these growing requirements. For instance, in February 2021, DENSO Corporation and Yamato Transport Co., Ltd. have co-developed D-mobico, a compact mobile refrigerator. Yamato Transport began using D-mobico in its delivery trucks. These developments are expected to have a significant and positive effect on the air quality in cities with many ongoing construction projects, which, in turn, is expected to drive the market growth.

Moreover, the fleet owners have increased their focus on installing HVAC systems to achieve thermal comfort in the cabin of truck and trailer. The HVAC system is installed to guarantee that the driver, as well as the passenger and cargo, have an ambient temperature environment. HVAC not only contributes toward improved temperature conditions, but it also increases air conditioning efficiency, and decreases fuel usage. Efficient HVAC systems guarantee optimum temperature levels for vehicles, which can contribute to greater comfort for passengers, fuel efficiency, and others. The logistics industry has increased the use of effective HVAC systems in truck and trailer to boost vehicle efficiency and minimize operating costs.

For instance, in February 2021, DENSO Corporation and Yamato Transport Co., Ltd. have co-developed D-mobico, a compact mobile refrigerator. Yamato Transport began using D-mobico in its delivery trucks. In addition, the growth of the truck and trailer HVAC market is boosted by the increase in the development and adoption of automated air-conditioning units which adjust cabin temperature automatically independent of the outside air temperature and humidity. An increase in thermal comfort demand and rise in automated HVAC adoption are projected to drive the growth of the Asia-Pacific trucks and trailers HVAC market.

๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐Ž๐Ÿ ๐“๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ :

By vehicle type, trailer segment dominated the Asia-Pacific trucks and trailers HVAC market in terms of growth rate.

On the basis of sales channel, the aftermarket segment is anticipated to exhibit a remarkable growth during the forecast period.

On the propulsion type, the electric segment is the highest contributor to the Asia-Pacific trucks and trailers HVAC market in terms of revenue.

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/75167

๐‹๐ž๐š๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ :

Carrier,
Denso Corporation,
Eberspรคcher,
Grayson Thermal Systems,
Mahle Gmbh,
Red Dot Corporate,
Sanden Corporation,
Subros Limited,
Valeo
Webasto Group.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ :

David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
USA/Canada (Toll Free):
+1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

Allied Market Research Blog: https://blog.alliedmarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐ฎ๐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.

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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