Automotive climate control system refers to an integrated heating, ventilation and air conditioning (HVAC) system. It is responsible for controlling the temperature of the cabin and humidity level in vehicles irrespective of the external climatic conditions. The automotive climate control systems comprise of five components, including an evaporator, compressor, condenser, receiver or drier, and expansion device. These systems are cost-effective and offer a comfortable traveling experience.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Automotive Climate Control Market Trends:
The significant growth in the automotive industry across the globe is creating a positive outlook for the market. The rising demand for luxury vehicles has further facilitated the development of efficient automotive climate control systems. Additionally, various technological advancements, such as the integration of innovative automobile sensors that can adjust cabin temperature, defrost windows, and clear windshields, are contributing to the market growth. Other factors, including rising expenditure capacities of consumers, along with extensive research and development (R&D) activities to create energy-efficient systems, are contributing to the market growth.
Global Automotive Climate Control Market 2020-2025 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Air International Thermal Systems, Calsonic Kansei Corporation, Denso Corporation, Eberspächer Group, Hanon Systems, Japanese Climate Systems Corporation, Keihin Corporation, Mahle GmbH, Sanden Holdings Corporation, Subros Limited and Valeo SA Ltd.
The report has segmented the market on the basis on region, technology, component, vehicle type and distribution channel.
Breakup by Technology:
- Automatic
- Manual
- Condenser
- Compressor
- Relays and Control Valves
- Evaporators and Thermostats
- Drier/Receiver
- Others
- Passenger Cars
- Light Commercial Vehicle (LCV)
- Heavy Commercial Vehicle (HCV)
- OEMs
- Aftermarket
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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