How does an automotive HVAC system work?
Heating Ventilation and Air Conditioning (HVAC) is the technology that is used to sustain the internal climate of a vehicle. It helps in maintaining temperature (hot/cold) for the interior atmosphere of a vehicle and thus helps to provide comfort for on-board passengers. The major driver is the automatic climate control feature and rising demand for thermal systems, safety concerns, and the adoption of eco-friendly refrigerants will boost the demand of automotive HVAC market in the forecast period. Recent trend depicts that now companies majorly focus on customized and consumer friendly HVAC system that supports automatic air conditioning and climate control system.
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The factor that can act as a restraint in the growth of the market is the increasing price of car's fuel in future will hamper the growth of automotive HVAC market. The adoption of eco - friendly refrigerants along with geothermal pumps will create new opportunities for this market in the coming years.
Also, key automotive HVAC market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Some of the key players influencing the market are
DENSO CORPORATION., Valeo SA, Behr GmbH, Halla Climate Control Corp., Delphi Automotive PLC, Visteon Corp., Sanden Corp., Air International, Thermal Systems, Calsonic Kansei and DelStar Technologies
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the automotive HVAC market based on technology type, equipment type, component, and application. It also provides market size and forecast till 2027 for overall commercial vehicle HVAC system market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.