Automotive HVAC Industry Analysis and Forecast Report, 2016 to 2024

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Automotive HVAC Market Share, Size, Analysis,
Regional Outlook, Growth, Trends and Forecasts to
2024 Hexa Research
The global Automotive HVAC Market size is
expected to increase significantly over the next
seven years on account of growing middle-class
population and per capita income levels
The global market for automotive HVAC (Heating,
Ventilating, and Air Conditioning) was estimated
at USD 12 billion in 2015 and is anticipated to
grow at a CAGR of over 8 over the forecast
period (from 2016 to 2024). The growing
production of the passenger vehicles along with
the rising income levels is projected to augment
the global market growth over the next few years.
Improved lifestyles and about the
energy-efficient products are projected
to contribute towards the Automotive HVAC Market
growth. Various technological improvements
and innovations for cost-effective and efficient
products are also driving the demands
extensively. Negative impact on the economy of
automobile fuel is likely to hinder the market
growth however, the effects of this restraint
are said to decrease in the long term. The global
HVAC market is categorized as applications, techno
logies, and regions.
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The application sector involves Light Commercial
Vehicles (LCVs), Heavy Commercial Vehicles
(HCVs), and passenger cars. The passenger cars
sector dominated the market in 2015 accounting
for the revenue share of over 60 . This is
mainly because of the increasing demands for
passenger vehicles along with the rising sales of
luxury vehicles globally. Demands in the LCV
sector is anticipated to grow at a CAGR of 8
during the estimated years.
The technologies segment comprises automatic and
manual. The automatic systems sector led
the automotive HVAC market in 2015 occupying over
60 of the overall share. It is further
projected to grow at a CAGR of 10 during the
forecast period. The manual systems are a common
installation in budget vehicles. The advent of
multi-zone systems makes it easier for vehicle
manufacturers to modify and install better
comfort features in their products.
Geographically, the U. S. market for automotive
HVAC is expected to grow at a CAGR of over 8
over the estimated years. The European market is
also projected to boost nature-friendly
technology demands in Europe due to the favorable
initiatives by the government to control the
energy consumption. The APAC region is expected
to grow at a CAGR of 9 over the next eight
years.
Some of the major companies operating in the
automotive HVAC market are Mahle Group Denso
Corp. Hanon Systems and Valeo S. A.
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Table of Content of Automotive HVAC Market
Chapter 1 Methodology and Scope 1.1 Research
Methodology
1.1.1 Initial data exploration
1.1.2 Statistical modeling and forecast 1.1.3
Industry insights and validation 1.2 List of Data
Sources
Chapter 2 Executive Summary
2.1 Automotive HVAC market snapshot, 2016 - 2024
Chapter 3 Automotive HVAC Industry Insights 3.1
Market segmentation
3.2 Market size and growth prospects 3.3 Value
chain analysis
3.3.1 Vendor landscape
3.4 Automotive HVAC market dynamics 3.4.1 Growth
drivers
3.4.1.1 Growing automotive industry 3.4.1.2
Increased purchasing power 3.4.1.3 High
penetration of HVAC systems 3.4.2 Industry
pitfalls challenges 3.4.2.1 Performance issues
3.5 Key growth opportunities 3.6 Porters analysis
3.7 Company market share analysis, 2016 3.8
PESTEL analysis
3.9 Technology innovation trends
Chapter 4 Automotive HVAC Application
Insights 4.1 Automotive HVAC market share by
application, 2016 2024 4.2 LCVs
4.2.1 Global market estimates by region, 2016 -
2024 4.3 HCVs
4.3.1 Global market estimates by region, 2016 -
2024
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4.4 Passenger vehicles
4.4.1 Global market estimates by region, 2016 -
2024
Chapter 5 Automotive HVAC Technology Insights 5.1
Automotive HVAC market share by technology, 2016
2024 5.2 Manual
5.2.1 Global market estimates by region, 2016 -
2024 5.3 Automatic
5.3.1 Global market estimates by region, 2016 -
2024
Chapter 6 Automotive HVAC Regional Insights 6.1
Automotive HVAC market volume share by region,
2016 2024 6.2 North America
6.2.1 Market estimates and forecast by
technology, 2016 - 2024 6.2.2 Market estimates
and forecast by application, 2016 - 2024 6.2.3
U.S.
6.2.3.1 Market estimates and forecast by
technology, 2016 - 2024 6.2.3.2 Market estimates
and forecast by application, 2016 - 2024 6.2.4
Canada
6.2.4.1 Market estimates and forecast by
technology, 2016 - 2024 6.2.4.2 Market estimates
and forecast by application, 2016 - 2024 6.3
Europe
6.3.1 Market estimates and forecast, 2016 -
2024 6.3.2 Market estimates and forecast by
application, 2016 - 2024 6.3.3 Germany
6.3.3.1 Market estimates and forecast by
technology, 2016 - 2024 6.3.3.2 Market estimates
and forecast by application, 2016 - 2024 6.3.4 UK
6.3.4.1 Market estimates and forecast by
technology, 2016 - 2024 6.3.4.2 Market estimates
and forecast by application, 2016 - 2024 6.4 Asia
Pacific
6.4.1 Market estimates and forecast by
technology, 2016 - 2024 6.4.2 Market estimates
and forecast by application, 2016 - 2024 6.4.3
China
6.4.3.1 Market estimates and forecast by
technology, 2016 - 2024 6.4.3.2 Market estimates
and forecast by application, 2016 - 2024
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6.4.4 India
6.4.4.1 Market estimates and forecast by
technology, 2016 - 2024 6.4.4.2 Market estimates
and forecast by application, 2016 - 2024 6.4.5
Japan
6.4.5.1 Market estimates and forecast by
technology, 2016 - 2024 6.4.5.2 Market estimates
and forecast by application, 2016 - 2024 6.5
Latin America
6.5.1 Market estimates and forecast by
technology, 2016 - 2024 6.5.2 Market estimates
and forecast by application, 2016 - 2024 6.5.3
Brazil
6.5.3.1 Market estimates and forecast by
technology, 2016 - 2024 6.5.3.2 Market estimates
and forecast by application, 2016 - 2024 6.5.4
Mexico
6.5.4.1 Market estimates and forecast by
technology, 2016 - 2024 6.5.4.2 Market estimates
and forecast by application, 2016 - 2024 6.6
Middle East and Africa (MEA)
6.6.1 Market estimates and forecast by
technology, 2016 - 2024 6.6.2 Market estimates
and forecast by application, 2016 - 2024
Chapter 7 Competitive Insights 7.1 Air
International Thermal Systems (AITS) 7.2 Brose
Fahrzeugteile GmbH Co. KG 7.3 Calsonic Kansei
7.4 Delphi Automotive
7.5 DelStar Technologies, Inc. 7.6 Denso
Corporation
7.7 Engineered Plastic Components 7.8 Hanon
Systems
7.9 Japan Climate Systems Corporation 7.10
Johnson Electric
7.11 Mahle
7.12 Sanden Holdings Corporation 7.13 Sensata
Technologies 7.14 Valeo SA
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