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Global automotive HVAC market size is expected to increase significantly over the next seven years on account of growing middle-class population and per capita income levels. Increasing awareness towards comfort is leading to the growth of this industry. Moreover, car rental companies including Ola, Uber, Meru and Taxi for sure provide air conditioning as standard to their customers and this is expected to boost the market growth.

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your catalystto a lucrative business

Your CatalystTo a Lucrative Business

Automotive HVAC Market Share, Size, Analysis,Regional Outlook,

Growth, Trends and Forecasts to 2024 | Hexa Research

“The global Automotive HVAC Market size is expected

to increase significantly over the next seven years on

account of growing middle-class population and per

capita income levels”

The global market for automotive HVAC (Heating, Ventilating, and Air Conditioning) was estimated at USD 12

billion in 2015 and is anticipated to grow at a CAGR of over 8 % over the forecast period (from 2016 to 2024).

The growing production of the passenger vehicles along with the rising income levels is projected to augment

the global market growth over the next few years.

Improved lifestyles and rising customer awareness about the energy-efficient products are projected to

contribute towards the Automotive HVAC Market growth. Various technological improvements and

innovations for cost-effective and efficient products are also driving the demands extensively. Negative

impact on the economy of automobile fuel is likely to hinder the market growth; however, the effects of this

restraint are said to decrease in the long term. The global HVAC market is categorized as applications,

technologies, and regions.

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https://www.hexaresearch.com/research-report/automotive-hvac-market

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The application sector involves Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs), and

passenger cars. The passenger cars sector dominated the market in 2015 accounting for the revenue share of

over 60 %. This is mainly because of the increasing demands for passenger vehicles along with the rising sales

of luxury vehicles globally. Demands in the LCV sector is anticipated to grow at a CAGR of 8 % during the

estimated years.

The technologies segment comprises automatic and manual. The automatic systems sector led the

automotive HVAC market in 2015 occupying over 60 % of the overall share. It is further projected to grow at a

CAGR of 10 % during the forecast period. The manual systems are a common installation in budget vehicles.

The advent of multi-zone systems makes it easier for vehicle manufacturers to modify and install better

comfort features in their products.

Geographically, the U. S. market for automotive HVAC is expected to grow at a CAGR of over 8 % over the

estimated years. The European market is also projected to boost nature-friendly technology demands in

Europe due to the favorable initiatives by the government to control the energy consumption. The APAC

region is expected to grow at a CAGR of 9 % over the next eight years.

Some of the major companies operating in the automotive HVAC market are Mahle Group; Denso Corp.;

Hanon Systems; and Valeo S. A.

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https://www.hexaresearch.com/research-category/automotive-and-transportation-industry

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Table of Content of Automotive HVAC Market

Chapter 1 Methodology and Scope

1.1 Research Methodology

1.1.1 Initial data exploration

1.1.2 Statistical modeling and forecast

1.1.3 Industry insights and validation

1.2 List of Data Sources

Chapter 2 Executive Summary

2.1 Automotive HVAC market snapshot, 2016 - 2024

Chapter 3 Automotive HVAC Industry Insights

3.1 Market segmentation

3.2 Market size and growth prospects

3.3 Value chain analysis

3.3.1 Vendor landscape

3.4 Automotive HVAC market dynamics

3.4.1 Growth drivers

3.4.1.1 Growing automotive industry

3.4.1.2 Increased purchasing power

3.4.1.3 High penetration of HVAC systems

3.4.2 Industry pitfalls & challenges

3.4.2.1 Performance issues

3.5 Key growth opportunities

3.6 Porter’s analysis

3.7 Company market share analysis, 2016

3.8 PESTEL analysis

3.9 Technology & innovation trends

Chapter 4 Automotive HVAC Application Insights

4.1 Automotive HVAC market share by application, 2016 & 2024

4.2 LCVs

4.2.1 Global market estimates by region, 2016 - 2024

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4.3 HCVs

4.3.1 Global market estimates by region, 2016 - 2024

4.4 Passenger vehicles

4.4.1 Global market estimates by region, 2016 - 2024

Chapter 5 Automotive HVAC Technology Insights

5.1 Automotive HVAC market share by technology, 2016 & 2024

5.2 Manual

5.2.1 Global market estimates by region, 2016 - 2024

5.3 Automatic

5.3.1 Global market estimates by region, 2016 - 2024

Chapter 6 Automotive HVAC Regional Insights

6.1 Automotive HVAC market volume share by region, 2016 & 2024

6.2 North America

6.2.1 Market estimates and forecast by technology, 2016 - 2024

6.2.2 Market estimates and forecast by application, 2016 - 2024

6.2.3 U.S.

6.2.3.1 Market estimates and forecast by technology, 2016 - 2024

6.2.3.2 Market estimates and forecast by application, 2016 - 2024

6.2.4 Canada

6.2.4.1 Market estimates and forecast by technology, 2016 - 2024

6.2.4.2 Market estimates and forecast by application, 2016 - 2024

6.3 Europe

6.3.1 Market estimates and forecast, 2016 - 2024

6.3.2 Market estimates and forecast by application, 2016 - 2024

6.3.3 Germany

6.3.3.1 Market estimates and forecast by technology, 2016 - 2024

6.3.3.2 Market estimates and forecast by application, 2016 - 2024

6.3.4 UK

6.3.4.1 Market estimates and forecast by technology, 2016 - 2024

6.3.4.2 Market estimates and forecast by application, 2016 - 2024

6.4 Asia Pacific

6.4.1 Market estimates and forecast by technology, 2016 - 2024

6.4.2 Market estimates and forecast by application, 2016 - 2024

6.4.3 China

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6.4.3.1 Market estimates and forecast by technology, 2016 - 2024

6.4.3.2 Market estimates and forecast by application, 2016 - 2024

6.4.4 India

6.4.4.1 Market estimates and forecast by technology, 2016 - 2024

6.4.4.2 Market estimates and forecast by application, 2016 - 2024

6.4.5 Japan

6.4.5.1 Market estimates and forecast by technology, 2016 - 2024

6.4.5.2 Market estimates and forecast by application, 2016 - 2024

6.5 Latin America

6.5.1 Market estimates and forecast by technology, 2016 - 2024

6.5.2 Market estimates and forecast by application, 2016 - 2024

6.5.3 Brazil

6.5.3.1 Market estimates and forecast by technology, 2016 - 2024

6.5.3.2 Market estimates and forecast by application, 2016 - 2024

6.5.4 Mexico

6.5.4.1 Market estimates and forecast by technology, 2016 - 2024

6.5.4.2 Market estimates and forecast by application, 2016 - 2024

6.6 Middle East and Africa (MEA)

6.6.1 Market estimates and forecast by technology, 2016 - 2024

6.6.2 Market estimates and forecast by application, 2016 - 2024

Chapter 7 Competitive Insights

7.1 Air International Thermal Systems (AITS)

7.2 Brose Fahrzeugteile GmbH & Co. KG

7.3 Calsonic Kansei

7.4 Delphi Automotive

7.5 DelStar Technologies, Inc.

7.6 Denso Corporation

7.7 Engineered Plastic Components

7.8 Hanon Systems

7.9 Japan Climate Systems Corporation

7.10 Johnson Electric

7.11 Mahle

7.12 Sanden Holdings Corporation

7.13 Sensata Technologies

7.14 Valeo SA

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research

and consulting services to a host of key industries across the globe. We offer comprehensive business

intelligence in the form of industry reports which help our clients obtain clarity about their business

environment and enable them to undertake strategic growth initiatives.

Contact Us:

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Hexa Research

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Felton, California 95018

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Phone: +1-800-489-3075

Email: sales@hexaresearch.com

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