Global Automotive Climate Control System Market Research Report - Forecast to 2025

Published | 24 June 2019

According to BlueWeave Consulting, the Global automotive climate control market was valued around USD XX.XX Billion in 2018 and is expected to expand at over a CAGR of XX% from 2019 to 2025, in terms of value, reaching around USD XX.XX Billion by the end of the forecast period. Climate control in automotive provides comfortable sitting atmosphere like the correct balance of air filtration, air distribution, and air purification inside the vehicles. Factors such as rapid growth in electrification of automobiles, upsurge in the usage of environmental friendly refrigerants, and strict emission rules and regulations.

The automotive industry is about to propagate at a rapid pace, furthermore, the speedy increasing sales of passenger cars and technological innovations have also been a growth momentum. With several driving trends like increasing demand of passenger vehicles, growing urban population, expansion of global auto-manufacturers into new developing markets, and rising disposable income of middle class population. Automotive climate control is mainly denotes as the unified HVAC system in automobiles.

Passenger car segment leads the overall Global automotive climate control market accounting for over XX% market share in 2018 and projected to reach X.XX billion by the end of 2025. Rapid urbanization, increasing consumer spending on the automobile has enhanced product demand. Rising consumer need of comfortability, varying preferences and life style, and other numerous factors are major growth factors supporting industry demand.

Based on technology, the market has been segmented into automatic and manual technology. Automatic technology holds the largest market share of XX% of entire automotive climate control market with an annual growth rate of X.XX%.  However the light weight vehicle is the most lucrative segment with an annual growth rate of XX.X% and projected to reach XX.XX billion by the end of 2025.

Geographically, the Global automotive climate control market is analyzed across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is the leading region with a market share of XX.XX% in 2018 and expected to touch XX.XX billion by 2025  North America and Europe. Owing to the demand for passenger car coupled with strict government regulations. This market has seen substantial growth over the past few years and it has been experienced that the market will remain on the same growth level till the forecast period.

Key Players

The prominent players in the automotive climate control market include Delphi Automotive, Denso, Mahle Behr, Hanon Systems, Valeo SA, Sanden Holdings, Keihin Corporation, Calsonic Kansei Corporation, Japanese Climate Systems Corporation, Visteon and others.

Objective of the study

·         To provide detailed analysis of the market structure along with the forecast period of the various segments and sub-segments included in global automotive climate control market with analysis of its development and demand in the market

·         To identify high growth geographies and countries

·         To study regional and country-specific demand and forecast for global automotive climate control

·         To cover the key segments of: vehicle type, technology and region.

·         To finalize the unit breakdown for all different classification; and refer to them for forecasting, keeping few assumptions into factor

·         To identify the historical trend to forecast and estimate the future value data

Target Audience

·         Manufactures

·         Raw materials suppliers

·         Aftermarket suppliers

·         Research institute & education institute

·         Potential investors

·         Key executive (CEO and COO) and strategy growth manager

The reports also cover country level analysis:

North America

·         U.S

·         Canada

Europe

·         Germany

·         UK

·         France

·         Spain

·         Italy

·         Rest of the Europe

Asia Pacific

·         China

·         India

·         Japan

·         Australia

·         Rest of Asia-Pacific

Latin America

·         Brazil

·         Argentina

·         Peru

·         Venezuela

·         Chile

·         Colombia

·         Rest of Latin America

Middle East & Africa

·         UAE

·         Saudi Arabia

·         Kuwait

·         South Africa

·         Rest of Middle East & Africa