Report Code: CMI21351

Category: Automotive

Report Snapshot

CAGR: 6.75%
16.35B
2021
18.10B
2022
32.10B
2030

Source: CMI

Study Period: 2024-2033
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • DENSO Corporation
  • MAHLE GmbH
  • Valeo Group
  • Johnson Electric Holdings Ltd
  • Others

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Reports Description

According to Custom Market Insights (CMI), The Global Automotive HVAC Market size was estimated at USD 16.35 billion in 2021 and is expected to reach USD 18.10 billion in 2022 and is expected to hit around USD 32.10 billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 6.75% from 2022 to 2030.

Our recently published report, “Automotive HVAC Market”, offers a comprehensive and deep evaluation of the market stature. Additionally, the market report estimates the market size, revenue, price, market share, market forecast, growth rate, and competitive analysis.

Automotive HVAC Market: Overview

A technology called heating, ventilation, and air conditioning (HVAC) is utilized to maintain a vehicle’s interior environment. It contributes to the comfort of passengers on board by managing a vehicle’s interior atmosphere temperature (hot or cold). A vehicle’s interior temperature can be regulated by an HVAC system. It consists of three subsystems, namely heating, cooling, and air conditioning, which cooperate to deliver filtered air to the car’s interior and ensure the comfort of the drivers and passengers in terms of temperature. It regulates the air’s temperature, checks the amount of moisture in the air, and removes too much humidity from the airflow.

The compressor, condenser, evaporator, pressure-regulating devices, orifice tube, thermal expansion valve, receiver-drier, and accumulator make up the major component unit of the automobile HVAC system. The total automotive HVAC system is said to revolve around the compressor. It is a pump that is connected to the engine and is operated by a belt. The compressor facilitates the transmission and compression of refrigerant gas. A condenser, which aids in heat radiation, is often found in front of the car.

When hot compressed gases are added to the top of a condenser, they are immediately cooled, and once the cooling is complete, the hot gases condense and escape the condenser as a high-pressure fluid. The HVAC system includes an evaporator as a heat absorber. An evaporator’s primary function is to remove heat from within the car and dehumidify the interior atmosphere. By adjusting the refrigerant pressure and flow into the evaporator, pressure-regulating devices regulate the evaporator temperature.

Automotive HVAC Market: COVID–19 Impact Analysis

Global economies have been significantly impacted by the COVID-19 pandemic. COVID-19 has caused a number of challenges for a number of businesses. COVID-19 has a significant influence on the market for automotive goods and supply chains. Additionally, due to limits on travel and lockdowns, sales of passenger vehicles declined, which negatively impacted the Automotive HVAC market. However, since the lockout, production processes and the staff for companies that make infotainment have accelerated. In the past, using an automotive HVAC system was seen as a luxury, and not all cars were equipped with one. However, due to the fundamental automotive safety and comfort requirements that are now universally acknowledged, it is a need in every car.

Automotive HVAC Market: Growth Drivers

Flourishing automotive production accelerates the market’s growth

The size of the automotive HVAC market is being driven by the booming demand in the automobile industry on a worldwide scale as a result of rising disposable income. As consumers spend more money on comfort and luxury amenities in cars, OEMs are being forced to incorporate high-quality climate control systems. Manufacturers spend money on research and development to differentiate their goods, like their small and light HVAC systems. This will make it possible for the business to provide HVAC systems to its customers that are both energy- and environmentally efficient. A variety of new opportunities for industry growth are emerging as a result of consumers’ growing concerns about indoor air quality.

A rise in safety and comfort as a result of the use of HVAC systems

Major technical developments in automobiles have resulted from the growth in demand for safety, comfort, and aesthetic characteristics. HVAC systems enable a comfortable journey for both the driver and the passenger. The device also helps to defrost windows, demist windshields, and dehumidify the air, all of which enhance passenger comfort. Future danger concerns are eliminated by the system’s secure and reliable operation. Therefore, it is projected that the adoption of HVAC systems, which provide secure and comfortable conditions within the car cabin, would boost safety, fueling the growth of the automotive HVAC market.

Automotive HVAC Market: Segmentation Analysis

The automotive HVAC market is segmented into technology and vehicle type. Based on technology, the market the automatic segment is estimated to lead the market during the forecast period. With a high market share, automated systems will dominate the car HVAC industry. One of the main elements influencing industry demand is the rise in demand for high levels of cabin comfort and usability. Temperature and humidity sensors must be installed within the car cabin for automatic systems to change the temperature based on the demands of the passengers.

By vehicle type, the passenger cars segment is anticipated to dominate the market during the forecast period. Due to factors like the rising demand for automobiles in developing countries, the rapid expansion of electric vehicles, and the strict climate control regulations being set by governments in Europe and the United States, the automotive HVAC market is anticipated to experience high growth in the passenger vehicle segment. Due to their low price and excellent efficiency, swash plate compressors are in demand for use in passenger cars. Most manufacturers of HVAC systems choose these solutions, which expands the market.

Due to rising concerns about drivers’ indoor air quality, commercial cars are steadily increasing in popularity on the global market. Due to the need for optimum fuel usage and driver comfort, these cars are increasingly using efficient HVAC systems. Additionally, there are several prospects for market expansion due to the rising use of commercial vehicles that results from the requirement for transportation operations across all business verticals.

Report Scope

Feature of the Report Details
Market Size in 2021 USD 16.35 Billion
Projected Market Size in 2030 USD 32.10 Billion
Market Size in 2022 USD 18.10 Billion
CAGR Growth Rate 6.75% CAGR (2022-2030)
Base Year 2023
Forecast Period 2024-2033
Prominent Players DENSO Corporation, MAHLE GmbH, Valeo Group, Johnson Electric Holdings Ltd, Sanden Holdings Corporation, Japan Climate System Corporation, Brose Fahrzeugteile GmbH & Co. Kg, Air International Thermal Systems, Hanon Systems Corp., Marelli Corporation, Valeo, Calsonic Kansei Corporation, Keihin Corporation, Calsonic Kansei, Engineered Plastic Components, DelStar Technologies, Sanden Holdings Corporation, Behr GmbH, and Others
Key Segment By Technology, Vehicle Type, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors, and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfill your requirements for research. Examine possible purchases

Key Insights:

  • Based on technology segmentation, the automatic segment is estimated to hold the largest market share during the forecast period.
  • Based on vehicle segmentation, the passenger cars segment is the leading revenue-generating category during the forecast period and the commercial vehicles segment is expected to grow at a significant rate.
  • On the basis of geography/region, the Asia-Pacific region was the leading revenue generator in 2021.

Global Automotive HVAC Market 2022–2030 (By Billion)

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Recent Development

  • January 2022: A full system solution for motor control, the MOTIX motor control kit, was unveiled by Infineon Technologies. The pre-assembled kit includes a BLDC motor, a market-proven chipset, pre-flashed sample software, and everything else required to start the motor spinning quickly. These kits can be used in HVAC blowers, cooling fans, auxiliary pumps, and any other application that employs 3-phase low-voltage BLDC motors.
  • November 2021: Hanon System officially opened its two new locations in Hungary: a building extension in Rétság and a brand-new greenfield production site in Pécs. The facility has 22,464 square meters of production area and has room for assembly lines, testing for automobile air conditioning (A/C) lines, and equipment for forming, brazing, welding, and bending. aid, nickel metal hydride, rechargeable batteries, battery chargers, and portable lighting.
  • October 2020: To acquire Keihin Corporation’s air conditioning business in Japan, Thailand, and the USA, Mahle has inked a purchase agreement with the firm. Through this partnership, MAHLE will increase its market access globally for air conditioning technologies, notably in Japan and Southeast Asia.

Regional Landscape

Asia-Pacific is anticipated to be one of the most intriguing markets during the projection period, accounting for the majority of the market’s revenue share. The Asia-Pacific market is expected to increase significantly because of the close proximity of major manufacturers, the enormous manufacturing of cars, and the growing demand for vehicles in the countries that produce them, such as China, South Korea, and India. The market must be driven in the upcoming year by government initiatives to revive the automobile industry. One of the biggest markets and a key contributor to the demand for these vehicle HVAC systems in China. The growing desire of people for comfort and safety is the cause of the rising demand for passenger cars from India, China, and their other counterparts in the Asia-Pacific area. These elements are anticipated to support market expansion in the area.

Competitive Landscape

Our report offers both quantitative and qualitative insights into the Automotive HVAC market and major development initiatives adopted by the key players. Further, it offers competitive details and market share analysis. The report further includes relevant financial information, products and services offered, SWOT analysis, and recent developments of the players profiled.

Global Automotive HVAC Market 2022–2030 (By Technology Type)

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The global Automotive HVAC market is segmented as follows:

By Technology

  • Automatic
  • Manual

By Vehicle type

  • Passengers Cars
  • Commercial Vehicles
  • Electric Vehicles

By Component

  • Evaporator
  • Compressor
  • Condenser
  • Receiver-drier
  • Expansion valve
  • Others

On the basis of Geography

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Automotive HVAC Market, (2022 – 2030) (USD Billion)
    • 2.2 Global Automotive HVAC Market : snapshot
  • Chapter 3. Global Automotive HVAC Market – Industry Analysis
    • 3.1 Automotive HVAC Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Flourishing automotive production
      • 3.2.2 Rise in safety and comfort.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Technology
      • 3.7.2 Market attractiveness analysis By Vehicle type
  • Chapter 4. Global Automotive HVAC Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Automotive HVAC Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Automotive HVAC Market – Technology Analysis
    • 5.1 Global Automotive HVAC Market overview: By Technology
      • 5.1.1 Global Automotive HVAC Market share, By Technology, 2021 and 2030
    • 5.2 Automatic
      • 5.2.1 Global Automotive HVAC Market by Automatic, 2022 – 2030 (USD Billion)
    • 5.3 Manual
      • 5.3.1 Global Automotive HVAC Market by Manual, 2022 – 2030 (USD Billion)
  • Chapter 6. Global Automotive HVAC Market – Vehicle type Analysis
    • 6.1 Global Automotive HVAC Market overview: By Vehicle type
      • 6.1.1 Global Automotive HVAC Market share, By Vehicle type, 2021 and 2030
    • 6.2 Passengers Cars
      • 6.2.1 Global Automotive HVAC Market by Passengers Cars, 2022 – 2030 (USD Billion)
    • 6.3 Commercial Vehicles
      • 6.3.1 Global Automotive HVAC Market by Commercial Vehicles, 2022 – 2030 (USD Billion)
    • 6.4 Electric Vehicles
      • 6.4.1 Global Automotive HVAC Market by Electric Vehicles, 2022 – 2030 (USD Billion)
  • Chapter 7. Automotive HVAC Market – Regional Analysis
    • 7.1 Global Automotive HVAC Market Regional Overview
    • 7.2 Global Automotive HVAC Market Share, by Region, 2021 & 2030 (USD Billion)
    • 7.3. North America
      • 7.3.1 North America Automotive HVAC Market, 2022 – 2030 (USD Billion)
        • 7.3.1.1 North America Automotive HVAC Market, by Country, 2022 – 2030 (USD Billion)
    • 7.4 North America Automotive HVAC Market, by Technology, 2022 – 2030
      • 7.4.1 North America Automotive HVAC Market, by Technology, 2022 – 2030 (USD Billion)
    • 7.5 North America Automotive HVAC Market, by Vehicle type, 2022 – 2030
      • 7.5.1 North America Automotive HVAC Market, by Vehicle type, 2022 – 2030 (USD Billion)
    • 7.6. Europe
      • 7.6.1 Europe Automotive HVAC Market, 2022 – 2030 (USD Billion)
        • 7.6.1.1 Europe Automotive HVAC Market, by Country, 2022 – 2030 (USD Billion)
    • 7.7 Europe Automotive HVAC Market, by Technology, 2022 – 2030
      • 7.7.1 Europe Automotive HVAC Market, by Technology, 2022 – 2030 (USD Billion)
    • 7.8 Europe Automotive HVAC Market, by Vehicle type, 2022 – 2030
      • 7.8.1 Europe Automotive HVAC Market, by Vehicle type, 2022 – 2030 (USD Billion)
    • 7.9. Asia Pacific
      • 7.9.1 Asia Pacific Automotive HVAC Market, 2022 – 2030 (USD Billion)
        • 7.9.1.1 Asia Pacific Automotive HVAC Market, by Country, 2022 – 2030 (USD Billion)
    • 7.10 Asia Pacific Automotive HVAC Market, by Technology, 2022 – 2030
      • 7.10.1 Asia Pacific Automotive HVAC Market, by Technology, 2022 – 2030 (USD Billion)
    • 7.11 Asia Pacific Automotive HVAC Market, by Vehicle type, 2022 – 2030
      • 7.11.1 Asia Pacific Automotive HVAC Market, by Vehicle type, 2022 – 2030 (USD Billion)
    • 7.12. Latin America
      • 7.12.1 Latin America Automotive HVAC Market, 2022 – 2030 (USD Billion)
        • 7.12.1.1 Latin America Automotive HVAC Market, by Country, 2022 – 2030 (USD Billion)
    • 7.13 Latin America Automotive HVAC Market, by Technology, 2022 – 2030
      • 7.13.1 Latin America Automotive HVAC Market, by Technology, 2022 – 2030 (USD Billion)
    • 7.14 Latin America Automotive HVAC Market, by Vehicle type, 2022 – 2030
      • 7.14.1 Latin America Automotive HVAC Market, by Vehicle type, 2022 – 2030 (USD Billion)
    • 7.15. The Middle-East and Africa
      • 7.15.1 The Middle-East and Africa Automotive HVAC Market, 2022 – 2030 (USD Billion)
        • 7.15.1.1 The Middle-East and Africa Automotive HVAC Market, by Country, 2022 – 2030 (USD Billion)
    • 7.16 The Middle-East and Africa Automotive HVAC Market, by Technology, 2022 – 2030
      • 7.16.1 The Middle-East and Africa Automotive HVAC Market, by Technology, 2022 – 2030 (USD Billion)
    • 7.17 The Middle-East and Africa Automotive HVAC Market, by Vehicle type, 2022 – 2030
      • 7.17.1 The Middle-East and Africa Automotive HVAC Market, by Vehicle type, 2022 – 2030 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1 DENSO Corporation
      • 8.1.1 Overview
      • 8.1.2 Financials
      • 8.1.3 Product Portfolio
      • 8.1.4 Business Strategy
      • 8.1.5 Recent Developments
    • 8.2 MAHLE GmbH
      • 8.2.1 Overview
      • 8.2.2 Financials
      • 8.2.3 Product Portfolio
      • 8.2.4 Business Strategy
      • 8.2.5 Recent Developments
    • 8.3 Valeo Group
      • 8.3.1 Overview
      • 8.3.2 Financials
      • 8.3.3 Product Portfolio
      • 8.3.4 Business Strategy
      • 8.3.5 Recent Developments
    • 8.4 Johnson Electric Holdings Ltd
      • 8.4.1 Overview
      • 8.4.2 Financials
      • 8.4.3 Product Portfolio
      • 8.4.4 Business Strategy
      • 8.4.5 Recent Developments
    • 8.5 Sanden Holdings Corporation
      • 8.5.1 Overview
      • 8.5.2 Financials
      • 8.5.3 Product Portfolio
      • 8.5.4 Business Strategy
      • 8.5.5 Recent Developments
    • 8.6 Japan Climate System Corporation
      • 8.6.1 Overview
      • 8.6.2 Financials
      • 8.6.3 Product Portfolio
      • 8.6.4 Business Strategy
      • 8.6.5 Recent Developments
    • 8.7 Brose Fahrzeugteile GmbH & Co. Kg
      • 8.7.1 Overview
      • 8.7.2 Financials
      • 8.7.3 Product Portfolio
      • 8.7.4 Business Strategy
      • 8.7.5 Recent Developments
    • 8.8 Air International Thermal Systems
      • 8.8.1 Overview
      • 8.8.2 Financials
      • 8.8.3 Product Portfolio
      • 8.8.4 Business Strategy
      • 8.8.5 Recent Developments
    • 8.9 Hanon Systems Corp.
      • 8.9.1 Overview
      • 8.9.2 Financials
      • 8.9.3 Product Portfolio
      • 8.9.4 Business Strategy
      • 8.9.5 Recent Developments
    • 8.10 Marelli Corporation
      • 8.10.1 Overview
      • 8.10.2 Financials
      • 8.10.3 Product Portfolio
      • 8.10.4 Business Strategy
      • 8.10.5 Recent Developments
    • 8.11 Valeo
      • 8.11.1 Overview
      • 8.11.2 Financials
      • 8.11.3 Product Portfolio
      • 8.11.4 Business Strategy
      • 8.11.5 Recent Developments
    • 8.12 Calsonic Kansei Corporation
      • 8.12.1 Overview
      • 8.12.2 Financials
      • 8.12.3 Product Portfolio
      • 8.12.4 Business Strategy
      • 8.12.5 Recent Developments
    • 8.13 Keihin Corporation
      • 8.13.1 Overview
      • 8.13.2 Financials
      • 8.13.3 Product Portfolio
      • 8.13.4 Business Strategy
      • 8.13.5 Recent Developments
    • 8.14 Calsonic Kansei
      • 8.14.1 Overview
      • 8.14.2 Financials
      • 8.14.3 Product Portfolio
      • 8.14.4 Business Strategy
      • 8.14.5 Recent Developments
    • 8.15 Engineered Plastic Components
      • 8.15.1 Overview
      • 8.15.2 Financials
      • 8.15.3 Product Portfolio
      • 8.15.4 Business Strategy
      • 8.15.5 Recent Developments
    • 8.16 DelStar Technologies
      • 8.16.1 Overview
      • 8.16.2 Financials
      • 8.16.3 Product Portfolio
      • 8.16.4 Business Strategy
      • 8.16.5 Recent Developments
    • 8.17 Sanden Holdings Corporation
      • 8.17.1 Overview
      • 8.17.2 Financials
      • 8.17.3 Product Portfolio
      • 8.17.4 Business Strategy
      • 8.17.5 Recent Developments
    • 8.18 Behr GmbH.
      • 8.18.1 Overview
      • 8.18.2 Financials
      • 8.18.3 Product Portfolio
      • 8.18.4 Business Strategy
      • 8.18.5 Recent Developments
List Of Figures

Figures No 1 to 19

List Of Tables

Tables No 1 to 52

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2028
  • Market revenue estimates and forecasts up to 2028, by technology
  • Market revenue estimates and forecasts up to 2028, by application
  • Market revenue estimates and forecasts up to 2028, by type
  • Market revenue estimates and forecasts up to 2028, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Players:

  • DENSO Corporation
  • MAHLE GmbH
  • Valeo Group
  • Johnson Electric Holdings Ltd
  • Sanden Holdings Corporation
  • Japan Climate System Corporation
  • Brose Fahrzeugteile GmbH & Co. Kg
  • Air International Thermal Systems
  • Hanon Systems Corp.
  • Marelli Corporation
  • Valeo
  • Calsonic Kansei Corporation
  • Keihin Corporation
  • Calsonic Kansei
  • Engineered Plastic Components
  • DelStar Technologies
  • Sanden Holdings Corporation
  • Behr GmbH
  • Others

FAQs

“Asia-Pacific” region will lead the global Automotive HVAC market during the forecast period 2022 to 2030.

The key factors driving the market are flourishing automotive production, rise in safety and comfort.

The key players operating in the Automotive HVAC market are DENSO Corporation, MAHLE GmbH, Valeo Group, Johnson Electric Holdings Ltd, Sanden Holdings Corporation, Japan Climate System Corporation, Brose Fahrzeugteile GmbH & Co. Kg, Air International Thermal Systems, Hanon Systems Corp., Marelli Corporation, Valeo, Calsonic Kansei Corporation, Keihin Corporation, Calsonic Kansei, Engineered Plastic Components, DelStar Technologies, Sanden Holdings Corporation, Behr GmbH.

The global Automotive HVAC market is expanding growth with a CAGR of approximately XX% during the forecast period (2022 to 2030).

The global Automotive HVAC market size was valued at USD (year from) in 2021 and it is projected to reach around USD (yearto) by 2030.

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