The automobile HVAC market is dominated by Asia-Pacific, followed by North America and Europe. Due to increased car production and demand in nations like China, India, and Japan, the Asia-Pacific area is anticipated to maintain its leadership in the next years. Due to their growing populations and local production, India and China are predicted to control the global car HVAC industry.
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Established players dominate the automotive HVAC market. Air International Thermal Systems, Brose GmbH & Co., Xiezhong International Holdings Limited, Valeo SA, Toyota Industries Corporation, Sanden Corporation, Keihin Corporation, Johnson Electric, Gentherm Inc., Denso Corporation, Delphi Automotive LLP, Calsonic Kansei Corporation, Japan Climate Systems Corporation, and Visteon Corporation are a few of the major businesses in the global automotive HVAC market.
In current era, people spend a large portion of their time on road travelling in their private vehicle or other means of public transport. Hence rising amount of time spent by people in travelling is driving the global automotive HVAC market. Also, growing popularity of private vehicle over public transport is further expected to increase demand for automotive HVAC technology.
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Key points covered in the report : (Automotive HVAC Market)
Report segments the market on the basis of types, application, products, technology, etc (as applicable)
The report covers geographic segmentation
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- North America
- Europe
- Asia
- RoW
- The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
- The report provides company profiles of some of the leading companies operating in the market
- The report also provides porters five forces analysis of the market.
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The competitors in the market are developing eco-friendly products to fall in line with the stringent government regulations regarding emissions. Energy-efficacy is the other parameter driving growth in the HVAC systems. The manufacturers are increasingly using green technologies to develop eco-friendly and energy-efficient automotive HVAC systems.
They are dedicated to reduce the negative impact of the HVAC system on the fuel economy of the vehicle. Light-weight products are being developed by the market players to contribute to the reduction of overall vehicle weight.
Market players are involved in mergers & acquisitions to expand their market presence. For instance, Denso collaborated with Toyota to develop Prius, a hybrid technology promoting safety, fuel efficiency, and green technology in vehicles. Established players profiled in the global automotive HVAC market include Xiezhong International Holdings Limited., Toyota Industries Corporation, Johnson Electric, Delphi Automotive LLP., Japan Climate Systems Corporation, Calsonic Kansei Corporation, and Visteon Corporation.
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