openPR Logo
Press release

Automotive Hvac Market: Top Global Companies, Business Insights, Opportunities, Regional Overview, Strategies, and Size Forecast Until 2034

Automotive Hvac Market

Automotive Hvac Market

The automotive HVAC market size was valued at USD 60.01 billion in 2023. It is projected to grow to USD 105.05 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.4% from 2024 to 2032.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:

Automotive heating, ventilation, and air conditioning (HVAC) pertains to the system in cars intended to manage the temperature, air quality, and comfort within the cabin. It consists of elements such as the air conditioning unit, heater, fans, and ventilation shafts. HVAC systems control air movement, temperature, and moisture levels to guarantee passenger comfort in any weather. Contemporary systems can also have functions such as climate management, air purification, and defrosting to enhance the overall driving experience and vehicle efficiency.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

https://www.polarismarketresearch.com/industry-analysis/automotive-hvac-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

A rise in automobile manufacturing will boost the expansion of the automotive HVAC market. With the increasing demand for vehicles worldwide, especially in developing markets, car manufacturers are progressively integrating advanced HVAC systems into their automobiles to enhance the comfort of drivers and passengers.
The increase in R&D funding for creating advanced tech components for cars, along with a growing demand for luxury vehicles equipped with advanced HVAC systems, is a significant factor promoting growth prospects for the automotive HVAC market.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

As the market expands, competition is expected to increase with the involvement of numerous businesses. Here is the list of the leading companies operating in the market:

Air International Thermal Systems
Brose Fahrzeugteile GmbH & Co. Kg
Delphi Automotive Plc
Johnson Electric Holdings Ltd.
Mahle Behr GmbH
Sanden Corporation
Sensata Technologies, Inc.
Valeo S.A.
Visteon Corporation
Xiezhong International Holdings Ltd.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:

https://www.polarismarketresearch.com/industry-analysis/automotive-hvac-market/request-for-discount-pricing

๐†๐ž๐จ๐ ๐ซ๐š๐ฉ๐ก๐ข๐œ๐š๐ฅ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

The regions and countries mentioned span across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In North America, the United States and Canada are key players. Europe includes Germany, the United Kingdom, France, Italy, Spain, Russia, and the Netherlands. In the Asia Pacific region, China, India, Japan, South Korea, Indonesia, and Malaysia are significant countries. Latin America features Argentina, Brazil, and Mexico, while the Middle East & Africa includes the United Arab Emirates, Saudi Arabia, Israel, and South Africa. These regions represent a diverse and geographically spread array of nations across the globe.

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The market is mainly segmented based on type, end-use, and region. Based on type analysis, in 2022, the automotive HVAC segment held the largest revenue share. The increasing fascination with automated automotive HVAC systems is spurred by shifting consumer tastes and rising demand for luxury cars, which is propelling market expansion.

Automotive HVAC, Type Outlook (Revenue - USD Billion, 2019 - 2032)
Manual HVAC
Automatic HVAC

Automotive HVAC, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)
Passenger Cars
Heavy Commercial Vehicles
Light Commercial Vehicles

Moreover, according to the end-use analysis, the passenger car segment held the highest market share over the projection period due to increasing disposable income and multiple financing alternatives.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:

https://www.polarismarketresearch.com/industry-analysis/automotive-hvac-market/inquire-before-buying

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

In 2022, the passenger cars segment accounted for the largest market share. Increasing demand for automobiles in developing countries, rapid growth of electric vehicles, and stringent climate-control regulations enacted by governments in the United States and Europe. Increased discretionary income and the availability of diverse funding options are expected to drive market expansion during the forecast period.
The automatic HVAC segment accounted for the highest market share during the forecast period, owing to rising demand for luxury and comfortable vehicles. The rising environmental concerns and growing pollution levels across the globe would support the growth of this segment.
In 2022, North America is expected to grow prominently over the forecast period due to need for HVAC systems in luxury vehicle manufacturing is increasing, which is boosting the growth of the automotive HVAC market. Moreover, US Automotive HVAC market held the largest market share, and the Canada Automotive HVAC market was the fastest growing market in the region.
The global key market players include Air International Thermal Systems, Brose Fahrzeugteile GmbH & Co. Kg, Delphi Automotive Plc, Johnson Electric Holdings Ltd., Mahle Behr GmbH, Sanden Corporation, Sensata Technologies, Inc., Valeo S.A., Visteon Corporation, Xiezhong International Holdings Ltd.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Ev Charging Cables Market

https://www.polarismarketresearch.com/industry-analysis/ev-charging-cables

In-Vehicle Payment Services Market

https://www.polarismarketresearch.com/industry-analysis/in-vehicle-payment-services-market

Automotive Lightweight Material Market

https://www.polarismarketresearch.com/industry-analysis/automotive-lightweight-material-market

Automotive Finance Market

https://www.polarismarketresearch.com/industry-analysis/automotive-finance-market

Electric Truck Market

https://www.polarismarketresearch.com/industry-analysis/electric-truck-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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 Automotive Hvac Market: Top Global Companies, Business Insights, Opportunities, Regional Overview, Strategies, and Size Forecast Until 2034 here

News-ID: 3830209 • Views: โ€ฆ

More Releases from Polaris Market Research & Consulting

Autonomous Underwater Vehicles Market Revenue to Cross US$ 15,311.02 Million With 31.8% CAGR Growth Forecast By 2032
Autonomous Underwater Vehicles Market Revenue to Cross US$ 15,311.02 Million Wit โ€ฆ
๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐š๐ฎ๐ญ๐จ๐ง๐จ๐ฆ๐จ๐ฎ๐ฌ ๐ฎ๐ง๐๐ž๐ซ๐ฐ๐š๐ญ๐ž๐ซ ๐ฏ๐ž๐ก๐ข๐œ๐ฅ๐ž๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ 572.97 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2022 ๐š๐ง๐ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐ญ๐จ ๐”๐’๐ƒ 15,311.02 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ 2032, ๐ž๐ฑ๐ก๐ข๐›๐ข๐ญ๐ข๐ง๐  ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ 31.8% ๐›๐ž๐ญ๐ฐ๐ž๐ž๐ง 2023 ๐š๐ง๐ 2032. ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ: Autonomous underwater vehicles (AUVs) are unmanned vehicles that can be made to float on the surface of the water or submerged completely in oceans. Unlike remotely operated vehicles (ROVs), which are untethered to the surface, AUVsโ€ฆ
Satellite Propulsion System Market Will Surpass US$ 31.04 Billion at 10.7% CAGR Growth From 2025 to 2034
Satellite Propulsion System Market Will Surpass US$ 31.04 Billion at 10.7% CAGR โ€ฆ
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ: Satellite propulsion systems help in providing the necessary thrust to satellite to overcome the Earth's gravitational force. It further helps in maintaining the satellite's position in the Earth's orbit as well as in vacuum in space. Satellite propulsion systems work on the principle that the working fluid present in it is accelerated which generates a certain amount of thrust which is required for the launching of the satellite. ๐“๐ก๐žโ€ฆ
Plant-Based Meat Market to Reach $38,273.9 Million by 2032, Expanding at a CAGR of 19.8%
Plant-Based Meat Market to Reach $38,273.9 Million by 2032, Expanding at a CAGR โ€ฆ
๐“๐ก๐ž ๐ฉ๐ฅ๐š๐ง๐ญ-๐›๐š๐ฌ๐ž๐ ๐ฆ๐ž๐š๐ญ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ข๐ณ๐ž ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ ๐Ÿ•,๐Ÿ’๐Ÿ๐Ÿ•.๐Ÿ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘. ๐“๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐š๐ง๐ญ๐ข๐œ๐ข๐ฉ๐š๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐Ÿ๐ซ๐จ๐ฆ ๐”๐’๐ƒ ๐Ÿ—,๐ŸŽ๐Ÿ‘๐Ÿ.๐Ÿ– ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐ญ๐จ ๐”๐’๐ƒ ๐Ÿ‘๐Ÿ–,๐Ÿ๐Ÿ•๐Ÿ‘.๐Ÿ— ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, ๐ž๐ฑ๐ก๐ข๐›๐ข๐ญ๐ข๐ง๐  ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ๐Ÿ—.๐Ÿ–% ๐๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐. ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ Plant based meat can be defined as meat made to appear and taste like meat derived from animals while being produced from plants. It emulates the texture of animal meatโ€ฆ
Global Bioceramics Market Set to Reach USD 15.29 billion by 2032, with a Strong CAGR of 7.6%.
Global Bioceramics Market Set to Reach USD 15.29 billion by 2032, with a Strong โ€ฆ
๐๐ข๐จ๐œ๐ž๐ซ๐š๐ฆ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ The global bioceramics market was valued at USD 7.94 billion in 2023. The market is projected to expand from USD 8.52 billion in 2024 to USD 15.29 billion by 2032, demonstrating a CAGR of 7.6% from 2024 to 2032. ๐’๐จ๐ฆ๐ž ๐ฆ๐š๐ฃ๐จ๐ซ ๐ซ๐ž๐š๐ฌ๐จ๐ง๐ฌ ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ข๐ฌ ๐ž๐ฑ๐ฉ๐š๐ง๐ฌ๐ข๐จ๐ง ๐š๐ซ๐ž: โ€ข With the ongoing increase in healthcare expenditures, investment in bioceramics and cutting-edge medical technologies is anticipated to grow, which in turn enhances the marketโ€ฆ

All 5 Releases


More Releases for HVAC

EDS's All-New HVAC Software Puts a Twist in the HVAC Industry
It's an expensive deal to keep a home warm, cool, and power rightly all the time. And it is a tedious job for the HVAC equipment providers to provide the right-sized HVAC solution without accurate heat or cooling load calculation. To address the challenges of the HVAC service providers, today, Energy Design Systems (EDS), a pioneered HVAC engineering solutions provider, has introduced EDS - a powerful HVAC software. Today, Energyโ€ฆ
HVAC COMPANIES IN NIGERIA
AKPO OYEGWA REFRIGERATION COMPANY Whether your project is a new build or you are updating an existing building. AKPO OYEGWA REFRIGERATION COMPANY is a full service commercial and industrial HVAC mechanical service contractor with office in Lagos State, Nigeria. With in-depth industry relevant experience AKPO OYEGWA REFRIGERATION COMPANY mechanical services team specialises in offering custom solutions and installations of both commercial and industrial HVAC systems. As an expert full service HVAC contractorโ€ฆ
HVAC Centrifugal Compressors Market
The newly released research at Market Study Report titled โ€œ2017-2024 Global HVAC Centrifugal Compressors Market Reportโ€ provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years. HVAC Centrifugal Compressors Market is estimated to exceed USD 1 billion by 2024; according to a new research report. Chillers application is expected to value over USD 700 million by 2024. Hotels, shopping malls, commercial offices and hospitals areโ€ฆ
Automotive HVAC Technology Market 2018 by Type(Manual HVAC Systems, Automatic HV โ€ฆ
Automotive HVAC Technology MARKET The market research report on the Global Automotive HVAC Technology Marketย presents an in-depth information about the various aspects of the market, on both global and regional scales, which provides a better understanding of the present market landscape. The growth of the Automotive HVAC Technology market has been driven by the soaring demand for Automotive HVAC Technology in the well-established and emerging regions, current technological advancements, and theโ€ฆ
HVAC Company offers Quality HVAC Services in Tulsa, Ok
Tulsa, Ok โ€“ SEPTEMBER 13, 2018โ€“Finding the right HVAC services can be difficult for anyone. You want to hire a company that is qualified and will complete the job right the first time. The company that you are looking for needs, to be honest, and trustworthy as well. They are, after all, coming to your home. Wortman Central Air in Tulsa Oklahoma is the diverse, qualified andโ€ฆ
Advanced HVAC Control Market Report 2018: Segmentation by Type (Programmable HVA โ€ฆ
Global Advanced HVAC Control market research report provides company profile for Salus, Emerson, Ecobee, Ojelectronics, Regin, Lennox, Nest, Schneider, Honeywell, Johnson Controls, Trane, Siemens and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. Theโ€ฆ