30 October 2018 - The Global Automotive
HVAC Market is posting conclusive growth at a high CAGR in forthcoming
period by activation of versatile pressure transducers in HVAC systems. The
heating ventilation and air-conditioning regulates the air in cabin interiors
with controls at the front and rear for monitoring temperature of the car and
generating a blast of fresh, cool and clear centralized wall-to-wall air in the
cabin.
The
HVAC systems are witnessing a steep hike in revenue because of spotting
pressure transducers as being that vital component in HVAC systems that takes
automotive HVAC systems from lackluster growth to enormous growth. Drivers to
growth of automotive HVAC market include higher rate of possession in passenger
and commercial cars and increasing growth in all corners of the world. Restraints
include fuel economy, high maintenance and environmental pressures relating to
growth of automotive HVAC market. HVAC systems are defining element in luxury
quotient of car and improved fuel efficiency, environmental traits and lower
weight are one of the keys to better standards in premium and passenger car
segments.
Earlier
on, it was pressure switches (PCS) that regulated the air-conditioning in the
system which had its shortcomings like at certain points of time;
air-conditioning was flat and not top-class as it is now with incorporation of
pressure transducers. It has also led to the development of pressure sensors
for controlling temperature and an added advantage being compatible with liquid
refrigerants which lessens manufacturing costs and brings down price of HVAC,
ultimately boosting enormous growth of HVAC systems.
Segmentation
of automotive HVAC market by technology includes manual and automatic.
Segmentation of automotive HVAC industry by application includes Heavy
Commercial Vehicles (HCV), Light Commercial vehicles (LCV) and Passenger cars.
Segmentation of automotive HVAC Systems Market by Regions includes North
America, Europe, Asia Pacific, MEA and Latin America.
Competition
spurs the best among players and manufacturer will make the best count, proven
by Denso on introducing multi-zone climate control, hence they are the current
leaders in automotive HVAC market. BRIC nations vide a vide India and China are
expected to display high growth due to popularity of premium passenger and
commercial cars. Brazil and Russia are projected to post decent growth in
automotive HVAC system market. Among Latin American nations, Brazil signifies
decent growth in automotive HVAC industry and is projected to lead over
Argentina and Mexico due to manufacture of passenger cars at speed and
government regulations in speeding up ancillary component industry. The key
industrial players of the automotive HVAC market include Denso, Mahle, Valeo,
and Hanon Systems.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Automotive HVAC System in these regions, from
2013 to 2025 (forecast), covering
•
United States
•
EU
•
China
•
Japan
•
South Korea
•
India
Global Automotive HVAC System market
competition by top manufacturers, with production, price, revenue (value) and
market share for each manufacturer; the top players including
•
DENSO
•
Hanon Systems
•
MAHLE
•
Valeo
•
Air International Thermal Systems
•
Bergstrom
•
Calsonic Kansei
•
Johnson Electric
•
Sanden USA
•
Webasto
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