Technavio
Announces the Publication of its Research Report Global Automotive HVAC Market
2016-2020
Technavio recognizes the following companies as the key players in the global automotive HVAC market: Denso, MAHLE, Valeo, and Hanon Systems
Other Prominent Vendors in the market are: Air International Thermal Systems, Japanese Climate Systems Corporation, and Sanden
Commenting on the report, an analyst from Technavios team said: LCD-interfaced automotive HVAC systems were commercialized through luxury cars segment, and are slowly gaining traction in mass segment vehicles. The added benefit of safety features makes these LCD-interfaced HVAC systems ideal for the automotive segment. For instance, these systems provide safety features like motor stall detection, motor shorting, open load, and many more. We expect this development to be a crucial driver for the automotive HVAC market during the forecast period. We expect such developments to allow the automatic HVAC proportion to increase in APAC.
Technavio recognizes the following companies as the key players in the global automotive HVAC market: Denso, MAHLE, Valeo, and Hanon Systems
Other Prominent Vendors in the market are: Air International Thermal Systems, Japanese Climate Systems Corporation, and Sanden
Commenting on the report, an analyst from Technavios team said: LCD-interfaced automotive HVAC systems were commercialized through luxury cars segment, and are slowly gaining traction in mass segment vehicles. The added benefit of safety features makes these LCD-interfaced HVAC systems ideal for the automotive segment. For instance, these systems provide safety features like motor stall detection, motor shorting, open load, and many more. We expect this development to be a crucial driver for the automotive HVAC market during the forecast period. We expect such developments to allow the automatic HVAC proportion to increase in APAC.
Sample report: https://marketreportscenter.com/reports/470102/global-automotive-hvac-market-2016-2020#
According to
the report, the push for efficiency by the OEMs allowed the automotive industry
to shift from manual HVAC systems to automatic HVAC systems in the recent past.
Hence, automatic HVAC systems dominated the automotive HVAC market in 2015, and
they are expected to consolidate their position during the forecast period.
Additionally, there are developments going into automatic HVAC segments that
may be crucial drivers for the automotive HVAC market during the forecast
period.
Further, the report states that HVAC systems are developed to cater to the needs for reduced humidity, ventilation, and controlled temperature. They are being developed to increase the ease and functionality of enhanced driving comfort. They are thus made available with increased features and functionalities, thereby delivering the capability for faster and efficient heating and cooling processes. Additionally, this equipment can provide pollution-free air flow at a preferred temperature with reduced energy consumption. Effective installation of these air conditioners also involves several alterations in the entire wiring of the automobile. Further, the cost associated with installations (in addition to the very high cost of the product) acts as a barrier toward the increased investment for automotive HVAC systems. For instance, cost of an AC compressor replacement is pegged between $572 to $742.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get discount: https://marketreportscenter.com/request-discount/470102
Further, the report states that HVAC systems are developed to cater to the needs for reduced humidity, ventilation, and controlled temperature. They are being developed to increase the ease and functionality of enhanced driving comfort. They are thus made available with increased features and functionalities, thereby delivering the capability for faster and efficient heating and cooling processes. Additionally, this equipment can provide pollution-free air flow at a preferred temperature with reduced energy consumption. Effective installation of these air conditioners also involves several alterations in the entire wiring of the automobile. Further, the cost associated with installations (in addition to the very high cost of the product) acts as a barrier toward the increased investment for automotive HVAC systems. For instance, cost of an AC compressor replacement is pegged between $572 to $742.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get discount: https://marketreportscenter.com/request-discount/470102
About Automotive HVAC
Currently,
automotive HVAC market is at maturity stage, hence its adoption is mostly
limited to new vehicles production. However, development in technology of
automotive HVAC, and evolution in components (such as materials and
refrigerants) is keeping the market competitive, further pushing market demand
for HVAC systems. The luxury vehicle segment is witnessing developments to
integrate HVAC with safety system like ADAS. We expect these developments to be
crucial for the HVAC market to pave its way into autonomous vehicles.
Technavios analysts forecast the global automotive HVAC market to grow at a CAGR of 8.81% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive HVAC market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of HVAC in vehicles across all regions.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Automotive HVAC Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Denso
MAHLE
Valeo
Hanon Systems
Other prominent vendors
Denso
MAHLE
Valeo
Hanon Systems
Market driver
Reduction in car emissions by using automatic HVAC with MOSFET (operated in pulse width modulation mode) to drive market
For a full, detailed list, view our report
Market challenge
Need for a balanced approach to curtail environmental concerns
For a full, detailed list, view our report
Market trend
Government regulations pushing development of environment friendly components in HVAC systems
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Technavios analysts forecast the global automotive HVAC market to grow at a CAGR of 8.81% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive HVAC market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of HVAC in vehicles across all regions.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Automotive HVAC Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Denso
MAHLE
Valeo
Hanon Systems
Other prominent vendors
Denso
MAHLE
Valeo
Hanon Systems
Market driver
Reduction in car emissions by using automatic HVAC with MOSFET (operated in pulse width modulation mode) to drive market
For a full, detailed list, view our report
Market challenge
Need for a balanced approach to curtail environmental concerns
For a full, detailed list, view our report
Market trend
Government regulations pushing development of environment friendly components in HVAC systems
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Table
of content: https://marketreportscenter.com/reports/470102/global-automotive-hvac-market-2016-2020#toc
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