Press release
Automotive HVAC Motor Research:CAGR of 1.9% during the forecast period
Automotive HVAC Motor Market SummaryAutomotive HVAC motors refer to motors used in automobile HVAC systems (Heating, Ventilation, and Air Conditioning). They are mainly used to drive fans, compressors, actuators and other components in the air conditioning system to achieve air circulation and temperature. control and air conditioning functions. Automotive HVAC motors have functions such as fan drive, compressor drive, and actuator drive. Automotive HVAC motors have high working efficiency and reliability. They play a role in driving key components in the automotive HVAC system and provide a comfortable interior environment.
Global Automotive HVAC Motor MarketSize(M USD), 2019-2030
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Above data is based on report from QYResearch: Global Automotive HVAC Motor Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
According to the new market research report "Global 'Automotive HVAC Motor Market Report 2024-2030", published by QYResearch, the global Automotive HVAC Motor market size is projected to reach USD 3.03 billion by 2030, at a CAGR of 1.9% during the forecast period.
Global Automotive HVAC Motor Top18Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
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Above data is based on report from QYResearch: Global Automotive HVAC Motor Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of Automotive HVAC Motor include Brose, Valeo, Hyoseong Electric, SIMCO, Denso, Marelli Corporation, Delphi (BorgWarner), Nidec, Standard Motor Products (SMP), Continental, etc. In 2023, the global top five players had a share approximately 41.0% in terms of revenue, the global top 10 players had a share approximately 58.0% in terms of revenue.
Automotive HVAC Motor,Global Market Size, Split by Product Segment
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Based on or includes research from QYResearch: Global Automotive HVAC Motor Market Report 2024-2030.
In terms of product type, currently Brushless Motor is the largest segment, hold a share of 50.30%.
In terms of product application, currently Passenger Car is the largest segment, hold a share of 67.87%.
In terms of product production, Asia-Pacific is currently the main production region, accounting for approximately 56.12%.
From the perspective of product consumption, Asia-Pacific is currently the largest consumer region, accounting for approximately 61.76% of the market share.
Market Drivers:
In recent years, the automobile industry has continued to develop. While the output of passenger cars has increased significantly, the profit margins of HVAC motors for passenger cars have continued to rise, driving many midstream companies to shift their production focus from commercial vehicles to passenger cars. Secondly, local policies have released some demand for car purchases, and the number of cars has continued to rise. The demand for parts has also increased, and the profits of the automobile industry have been "shifted backward", thus driving the development of automobile HVAC motors.
Restraint:
The relatively high price of automotive HVAC motors may limit its using in certain car brands or models. In addition, automotive HVAC motors consume large amounts of energy. Current new energy vehicles require components to reduce energy consumption as much as possible, which will also hinder the development of automotive HVAC motors.
Trend:
In recent years, with the development trends of automobile low-carbonization and environmental protection, and with the maturity of motor technology, motors will gradually develop towards brushless in the future. At the same time, more and more automobile manufacturers are beginning to adopt intelligent and automated control technologies, and automobile HVAC motors will develop in a more intelligent direction; the application of new materials will also improve the efficiency and durability of HVAC motors. In addition, energy saving and environmental protection performance are also an important direction for the future development of motors to meet the growing environmental protection needs.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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QY Research Inc.
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EN: https://www.qyresearch.com
Email: global@qyresearch.com
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