Automotive Climate Control Market to Witness an Outstanding Growth by 2016 - 2026 : Persistence Market Research

Global Automotive Climate Control Market: Introduction

Climate control in a car is a system that keeps the temperature inside the car comfortable and moderate for the passengers. It is also called as integrated Heating, Ventilation and Air Conditioning system or HVAC system. An automobile has to be operated in various weather conditions and subjected to environmental changes such as scorching heat, snow and heavy downpours. The function of the automotive climate control is to maintain a comfortable temperature irrespective of the external climatic conditions. The key function is to provide fresh air from outside into the cabin, recirculate the cabin air and pass it through HVAC back into the cabin.

Request to view Table of Content @ http://www.persistencemarketresearch.com/toc/13909

HVAC system was first introduced in 1960s and was considered as a great feature at that time. Today, air conditioners are fitted in almost all the entry-level vehicles but the desire for more comfort and luxury has led to the development of advanced automotive climate control system. Automotive climate control is a complex system and comprises of five components- evaporator, compressor, condenser, receiver and fluid transport with expansion device. Evaporator is a heat exchange device that performs two important functions of heat absorption and boiling of all the refrigerant to vapour. Compressor is said to be the heart of any air conditioning system. It circulates the refrigerant gas and compresses the vapour to high superheat vapour. It performs the critical function of superheating, circulation and removal of latent heat. The condenser cools the ambient air and liquefies the refrigerant gas.

The growing popularity of multi-zone climate control in luxury cars will propel the automotive climate control market growth.

Global Automotive Climate Control Market: Drivers and Restraints

The automotive climate control market is heavily reliant on automobile manufacturing and sale. Increasing demand for automobiles from developing countries such as China, India and Brazil is a major driver for automotive climate control market. China is a major country in passenger vehicle production whereas, the U.S. tops the list for commercial vehicles. The global automotive climate control market is projected to grow at a healthy growth rate amid growing industrial activities and urbanization. Changing customer demand and need for better driving comfort is another factors driving the demand for automotive climate control system. High maintenance cost and chances of technical failure are considered as some of the restraints of this market. Supplying high comfort features at a reasonable cost is an opportunity for manufacturers and suppliers of automotive climate controls. Strick emission norms and increasing pressure to use eco-friendly refrigerants are some of the burning issues in this market.

Global Automotive Climate Control Market: Segmentation

On the basis of technology, the global automotive climate control market can be segmented as:

• Automatic
• Manual

Automatic technology is used in high-end luxury cars where a computer is used to provide exacting climate controls. This system can be used in passenger vehicles, LCV and HCV.

On the basis of vehicle type, the global automotive climate control market can be segmented as:

• Passenger Car
• LCV
• HCV

Global Automotive Climate Control Market: Region Wise Outlook

As of 2015, APEJ leads the global automotive climate control market, owing to increasing population, rapid industrialisation and aggressive expansion of manufacturing sector. North America and Eastern Europe are another prominent markets exhibiting steady growth in terms of demand for automotive climate control. Countries such as the U.S, Germany, China, Japan and India have significant market shares. Middle East, Latin America and Africa are expected to have decent shares and are expected to expand with significant CAGRs over the forecast period.

Global Automotive Climate Control Market: Market Participants

Examples of some of the market participants in the global automotive climate control market identified across the value chain include:

• Denso Corporation
• Hanon Systems
• Mahle GmbH
• Valeo SA
• Sanden Holdings Corporation
• Calsonic Kansei Corporation
• Keihin Corporation
• Japanese Climate Systems Corporation
• Air International Thermal Systems
• Subros Limited
• Eberspächer Group

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends and Issues and Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest Of Latin America)
• Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
• Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
• Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)

Buy Now: You can now buy a single user license of the report at http://www.persistencemarketresearch.com/checkout/13909. The final report customized as per your specific requirement will be sent to your e-mail id within 7-20 days, depending on the scope of the report.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

For more information, please e-mail us at: sales@persistencemarketresearch.com

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint.

About Us

Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

Contact Us

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web: www.persistencemarketresearch.com

This release was published on openPR.