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Global Automotive HVAC Market

Global Automotive HVAC Market is expected to reach XX Billion by 2027 from 19.25 Billion in 2019 at CAGR of XX%.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

The Automotive HVAC market is segmented based on technology, application, and geography. By technology segment, the market is segmented into manual and automatic. By applications, the market is segmented as heavy commercial vehicles (HCVs), light commercial vehicles (LCVs) and passenger cars. Passenger cars automotive HVAC dominates the market in 2017. This is mainly driven by rising passenger vehicle demand coupled with increasing luxury vehicle sales on an international scale. Acceptance of electric or hybrid vehicle is also anticipated to drive the segment over the forecast period.

The growing throwaway income levels and rising vehicle production is expected to drive the automotive HVAC market size in the forecast period. Customers demand more ease, luxury, and features in the standard car due to the substantial quantity of time spent on personal vehicles. This is also expected to drive the HVAC system demand.

Automotive HVAC market share growth is extremely reliant on vehicle sales. R&D is expected to improve players’ product contribution and increase technological capabilities such as reduction in size and weight. An enhanced standard of living and rising demand for energy proficiency is also expected to drive the demand. This can be attributed to the substantial amount of hard work undertaken by companies and regulatory authorities.

Geographically, the Automotive HVAC market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America automotive HVAC market share witnessed the highest rate in 2017. This is mainly attributed to rising automotive production coupled with increasing penetration of premium vehicles in the region. Government initiatives to control energy consumption are expected to drive eco-friendly technology demand in the U.S. over the forecast period.

The objective of the report is to present comprehensive analysis of Global Automotive HVAC Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Global Automotive HVAC Market dynamics, structure by analyzing the market segments, and project the Global Automotive HVAC Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Automotive HVAC Market make the report investor’s guide.

Key player across the Automotive HVAC industry are Denso Corporation, Mahle Group, Valeo, Calsonic Kansei Corporation, Keihin Corporation, Johnson Electric Holdings Ltd, Sanden Holdings Corporation, Japan Climate System Corporation, MAHLE GmbH, and Hanon Systems. Competitors in the industry exercise high degree of revolution to provide single solutions to present and potential customers. Automakers continuously assess suppliers based on design capability, price, timeliness of delivery, customer service, product quality, financial viability, innovation, and overall management.

The Scope of Report Automotive HVAC Market:

Global Automotive HVAC Market, by Application

Passenger Cars
Heavy Commercial Vehicles (HCVs)
Light Commercial Vehicles (LCVs)

Global Automotive HVAC Market, by Technology

Manual
Automatic

Global Automotive HVAC Market, by Geography:

North America
Europe
Asia Pacific
Middle East & Africa
Latin America

Key Players, Global Automotive HVAC Market:

Denso Corporation
Mahle Group
Valeo
Hanon Systems
Calsonic Kansei Corporation
Keihin Corporation
Johnson Electric Holdings Ltd
Sanden Holdings Corporation
Japan Climate System Corporation
MAHLE GmbH

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