Increasing Sale of Vehicles and Preference Toward Safety and Luxury is Augmenting the Demand for Automotive HVAC Across the Globe, Says Fact.MR

Increasing Sale of Vehicles and Preference Toward Safety and Luxury is Augmenting the Demand for Automotive HVAC Across the Globe, Says Fact.MR

“The report initially imparts an overview of the automotive HVAC market, considering current and prospects in the transport and automobile growth, to reveal attractive facets relating to the adoption of automotive HVAC across key regional markets.”

Automotive HVAC Market Report by Fact.MR

Fact.MR uses a bottom-up data collection approach for collecting Automotive HVAC market demand side historical and base year data. The historical and base year Automotive HVAC market sizing is based on the vehicle production and vehicle parc (fleet on road). For OEM Automotive HVAC market analysis, the team tracks the vehicle production across the prominent countries/regions and then cross map the same with the average usage of the product in a type of vehicle (passenger car, light commercial vehicle, heavy commercial vehicle, and two wheeler). For aftermarket, the team tracks the vehicle parc (vehicle-on-road) for prominent countries/regions and cross map the same with the replacement rate of the product in a given year for each vehicle type.


Fact.MR offers a 10-year forecast for the automotive HVAC between 2018 and 2027. In terms of value, the automotive HVAC market is expected to register a CAGR of 7.5% during the forecast period (2018–2027). The study offers key trends that are currently influencing the growth of the automotive HVAC market.


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Key Segments Covered in Automotive HVAC Report:


On the basis of vehicle type, the Automotive HVAC market can be segmented into:


  • Passenger Cars
  • Light Commercial Vehicle (LCV)
  • Heavy Commercial Vehicles (HCV)


On the basis of technology, the Automotive HVAC market can be segmented into:



On the basis of component, the Automotive HVAC market can be segmented into:


  • Evaporator
  • Compressor
  • Condenser
  • Receiver/Drier
  • Expansion Device


On the basis of region, the Automotive HVAC market can be segmented into:


  • North America
  • Latin America
  • Europe
  • Japan
  • Asia Pacific excluding Japan (APEJ)
  • Middle East & Africa (MEA)


A comprehensive estimate of the Automotive HVAC market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Automotive HVAC during the forecast period. Price point comparison by region with the global average price is also considered in the study.

The secondary research includes Automotive HVAC market data and information presentations by researchers, institutions, company annual reports, investor presentations, annual filings, scholarly journals, white papers, research documents, trade journals, and other sources such as International Organization of Motor Vehicle Manufacturers (OICA), Society of Indian Automobile Manufacturers (SIAM), Japan Automobile Manufacturers Association, Inc. (JAMA), ASEAN Automotive Federation (AAF), Korea Automobile Manufacturers Association (KAMA), European Automobile Manufacturers Association (ACEA), The Society of Motor Manufacturers and Traders Ltd (SMMT), , The World Bank, International Monetary Fund (IMF), and MarkLines among others.


Some Notable Offerings by Fact.MR Report on Automotive HVAC market:


  • We will provide you an analysis of the extent to which this Automotive HVAC market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
  • We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
  • Also, this report will help you to identify any trends to forecast growth rates.
  • The analyzed report will forecast the general tendency for supply and demand.


Some of the Automotive HVAC Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 


  • Details regarding latest innovations and development in Automotive HVAC and how it is gaining customer traction during the forecast period.
  • Analysis about the customer demand of the products and how it is likely to evolve in coming years.
  • Latest regulations enforced by government bodies and local agencies and their impact on Demand of Automotive HVAC Market .
  • Insights about adoption of new technologies and its influence on the Automotive HVAC market Size.
  • Overview of the impact of COVID-19 on Automotive HVAC Market and economic disruptions caused by the pandemic.
  • Evaluates post-pandemic impact on the Sales of Automotive HVAC Market during the forecast period.


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After reading the Market insights of Automotive HVAC Report, readers can:


  • Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
  • Analyze key regions holding significant share of total Automotive HVAC market revenue.
  • Study the growth outlook of Automotive HVAC market scenario, including production, consumption, history and forecast.
  • Learn consumption pattern and impact of each end use & supply side analysis of Automotive HVAC market.
  • Investigate the recent R&D projects performed by each market player & competitive analysis of Automotive HVAC Market Players.


How Fact.MR Assists in Making Strategic Moves For Automotive HVAC Market Manufacturer?


  • The data provided in the Automotive HVAC market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
  • The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.


Analysis by Region:


On the basis of region, the global Automotive HVAC market is segmented into North America, Latin America, Europe, Japan, Asia-Pacific excluding Japan (APEJ) and MEA.

Among these regions, the APEJ automotive HVAC market is projected to exhibit relatively higher growth in the global automotive HVAC market with a CAGR of over 8.0% during the forecast period.

Revenue from the automotive HVAC market in North America and Europe is expected to collectively account for more than 40% of the global automotive HVAC market revenue in 2018.

Key competitors in Automotive HVAC market are as Sensata Technologies., The Keihin Corporation, Calsonic Kansei Corporation, Sanden Corporation, Valeo, Denso Corporation, Hanon Systems, MAHLE GmbH, Johnson Electric Holdings Limited, and Japan Climate Systems Corporation.

Vendors in the automotive HVAC market are focusing on launching new products with advanced features to gain a competitive edge in the market, also the vendors are highly focused on merger and acquisition strategy.

In 2015, Mahle Group acquired Delphi Automotive’s thermal business to augment its market penetration and product offering. Delphi Automotive was recognized as top five industry players and this acquisition has poised to give significant competitive edge to Mahle Group over other competitors


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