Global Automotive HVAC Control Market

Global Automotive HVAC Control Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027 at a CAGR of about 9.7 % during a forecast.

HVAC managements are accustomed automatize and control air conditioning of varied styles of buildings with the assistance of controls, sensors, and controlling devices like thermostats, management valves, and controllers. It helps to eliminate the necessity for human interference for maintaining the temperature in an exceedingly building, thereby increasing the protection, particularly in venturesome and sophisticated setups in industrial buildings.

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

Major driving factors of the Automotive HVAC control Market are the government’s push to curb the effects of climate change has led to significant growth. Vehicle production demand is growing and also focusing on highly trained people, innovations in technology and management eager to provide responsive customer service will create market opportunity in to this segment. Vehicle manufacturers are changing the way to meet future CAFE fuel economy standards and greenhouse gas emission regulations to meet the standard developments. Automobiles will be expected to reach 20-30 percent reductions in fuel consumption and CO2 emissions in the next decade which another option for propelling the market of automotive HVAC control. Higher cost of equipment’s and huge maintenance cost will act as restraint to the market.

Based on Technology, Automatic is expected to hold the largest share in the market during the forecast period. An automatic air conditioner allows you to set the desired temperature. Population growth will lead to increased demand and Use of automatic HVAC control systems. Changing technology has made it better via to improve the life cycle of the vehicle and helping to reduce the cost of maintenance. Private car rental players such as Uber, Ola, Lyft, and Sidecar have made air conditioning as their basic requirement to enhance the customer value proposition.

In Trends – Electrification

Global vehicle production is changing and expected to grow in market penetration with better features in the forecasted period. Many industry experts predict that the production rate will increase astronomically over the next 10 years. The recent changing technology induct of high-density battery technology in hybrid and electric vehicles has complicated HVAC control and refrigerant systems. In all ambient temperatures, the battery and electronic component temperatures are precisely controlled to prevent damage or limit vehicle range capability. And providing better safety features and less maintenance cost as well.

In terms of region, Asia Pacific is expected to hold the largest share in the market during the forecast period for Automotive HVAC control. China, India and South Korea remains the key players of emerging markets, with every fluctuation in its GDP making headlines around the globe. Many investors and multinationals are increasingly turning their gaze southward to the ten dynamic markets that make up the Association of Southeast Asian Nations (ASEAN).

The Automotive HVAC control report includes a study of Porter’s Five Forces model to analyse the different factors affecting the growth of the market. Moreover, the study also covers a market attractiveness analysis, brand portfolio expansion, mergers, collaborations, joint ventures, acquisitions, PESTLE analysis, Value Chain Analysis, and SWOT analysis.
Scope of the Report Global Automotive HVAC Control market:

Global Automotive HVAC Control market: By Technology

• Automatic
• Manual
Global Automotive HVAC Control market: By System

• Temperature
• Ventilation
• Humidity
• Integrated Controls
Global Automotive HVAC Control market: By Component

• Sensors
• Controllers
• Controlled Devices
Global Automotive HVAC Control market: By Implementation Type

• New Construction
• Retrofit
Global Automotive HVAC Control market: By region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Player Operating in Global Automotive HVAC Control Market

• Delphi Automotive LLP
• Johnson Electric
• Sanden Holdings Corporation
• Air International Thermal Systems
• Engineered Plastic Components
• Calsonic Kansei
• Brose GmbH & Co. Kg
• DelStar Technologies
• Sensata Technologies
• Toyota Industries
• Denso Corporation
• Japan Climate Systems Corporation
• Gentherm Inc
• Valeo SA

Comments are closed