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Research delivers insight into the automotive HVAC market forecast to 2023

Research delivers insight into the automotive HVAC market forecast to 2023

Increased efficiency of HVAC systems with pressure transducer technology is considered to be one of the primary growth factors for Automotive HVAC market.

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According to Stratistics MRC, the Global Automotive HVAC Market accounted for $14.0 billion in 2016 and is expected to reach $26.3 billion by 2023 growing at a CAGR of 9.4% from 2016 to 2023. 

Moreover, increasing demand for thermal systems, changing consumers’ demand due to several advancements, rising income levels and increasing middle-class population, making travelling easier for elderly people and adoption of eco-friendly refrigerants are the factors driving the Automotive HVAC market. However, high maintenance costs, environmental concerns and fuel economy are some of the factors hindering the market.

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Browse the report: www.orbisresearch.com/reports/inde…outlook-2017-2023

In 2016, Automatic HVAC Systems segment accounted for the largest share of the Automotive HVAC market due to complexity and low efficiency of manual systems. Passenger cars segment among vehicle type is rising at the extreme rate and is likely to remain the leading segment throughout the forecast period owing to its fuel efficient and faster cooling HVAC systems.

Asia Pacific is expected to grasp major revenue shares in Automotive HVAC market and is expected to grow with a high CAGR during the forecast period. This growth is attributed to rising vehicle demand in emerging countries such as India and China, presence of the major automobile manufacturers in China and Japan, rising Foreign Direct Investments (FDI) in India.

North America and Europe regions are two significant markets for automotive HVAC.

Request a sample of the report: www.orbisresearch.com/contacts/request-sample/350955

Some of the key players identified in the global market include Air International Thermal Systems, Behr Gmbh. & Co. Kg., Brose Fahrzeugteile Gmbh & Co.

Kg, Calsonic Kansei Corporation, Delphi Automotive Plc, Denso Corporation, Eberspacher Climate Control Systems Gmbh & Co. Kg, Gentherm Inc., Inalfa Roof Systems Group B.V., Japan Climate Systems Corporation, Johnson Electric Holdings Ltd., Keihin Corporation, Kongsberg Automotive Holding Asa, Toyota Industries Corporation and Valeo Group.

System Types Covered:
Heated Seats
Power Seats
Power Windows
Sunroof Systems

Technologies Covered:
Automatic HVAC Systems
Manual Hvac Systems

Components Covered:
Compressor
Expansion Device
Heat Exchanging Equipment
Receiver/Drier

Vehicle Types Covered:
Passenger Cars
Light commercial vehicle (LCV)
Heavy commercial vehicle (HCV)

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

List Of Tables:

1 Global Automotive HVAC Market Outlook, By Region

2 Global Automotive HVAC Market Outlook, By Type

3 Global Automotive HVAC Market Outlook, By Heated Seats

4 Global Automotive HVAC Market Outlook, By Power Seats

5 Global Automotive HVAC Market Outlook, By Power Windows

6 Global Automotive HVAC Market Outlook, By Sunroof Systems

7 Global Automotive HVAC Market Outlook, By Technology

8 Global Automotive HVAC Market Outlook, By Automatic HVAC Systems

9 Global Automotive HVAC Market Outlook, By Manual HVAC Systems

10 Global Automotive HVAC Market Outlook, By Component

11 Global Automotive HVAC Market Outlook, By Compressor

12 Global Automotive HVAC Market Outlook, By Expansion Device

13 Global Automotive HVAC Market Outlook, By Heat Exchanging Equipment

14 Global Automotive HVAC Market Outlook, By Receiver/Drier

15 Global Automotive HVAC Market Outlook, By Vehicle Type

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