Press release
Global Automotive Climate Control Market Size Worth US$ 13.6 Billion By 2027 | IMARC Group
According to the recent report by IMARC Group, titled "Automotive Climate Control Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The global automotive climate control market size reached US$ 9.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.6 Billion by 2027, exhibiting a growth rate (CAGR) of 6.1% during 2022-2027.
Automotive climate control is an integrated heating, ventilation, and air conditioning (HVAC) system that helps to regulate the temperature within a vehicle. It comprises an evaporator that boils the refrigerant and absorbs heat, a compressor that circulates the refrigerant and compresses vapors, and a condenser that cools down the surrounding air and liquefies the refrigerant. It can be operated manually or automatically to maintain a comfortable temperature inside the vehicle and to provide thermal comfort through sufficient ventilation, ensuring maximum comfort for passengers. As a result, automotive climate control systems find extensive applications in passenger cars and light, medium, and heavy commercial vehicles across the globe.
Automotive Climate Control Market Trends:
The automotive climate control market is primarily driven by the rising need for luxury vehicles. Moreover, hybrid and electric vehicle (H/EV) manufacturers are incorporating these systems with environment-friendly refrigerants to reduce carbon emissions, which is positively influencing the market growth. Additionally, the rising integration of innovative automobile sensors that detect and adjust the cabin temperature, defrost windows, demystify windshields, and dehumidify air based on outside temperature and humidity levels have catalyzed the market growth. Other factors, including ongoing research and development (R&D) activities aimed at creating energy-efficient systems, rapid expansion in the automotive sector, and inflating consumer disposable incomes, are also anticipated to propel the market growth.
Global Automotive Climate Control Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Air International Thermal Systems
Calsonic Kansei Corporation
Denso Corporation
Eberspächer Group
Hanon Systems
Japanese Climate Systems Corporation
Keihin Corporation, Mahle GmbH
Sanden Holdings Corporation
Subros Limited
Valeo SA Ltd.
The report has segmented the market on the basis on region, technology, component, vehicle type and distribution channel.
Breakup by Technology:
Automatic
Manual
Breakup by Component:
Condenser
Compressor
Relays and Control Valves
Evaporators and Thermostats
Drier/Receiver
Others
Breakup by Vehicle Type:
Passenger Cars
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
Breakup by Distribution Channel:
OEMs
Aftermarket
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/automotive-climate-control-market
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Other Reports:
Automotive Remote Diagnostics Market: https://www.imarcgroup.com/automotive-remote-diagnostics-market
Automotive Refinish Coatings Market: https://www.imarcgroup.com/automotive-refinish-coatings-market
Automotive Slipper Clutch Market: https://www.imarcgroup.com/automotive-slipper-clutch-market
Tire Pressure Monitoring System Market: https://www.imarcgroup.com/tire-pressure-monitoring-system-market
Contact Us:
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Automotive climate control is an integrated heating, ventilation, and air conditioning (HVAC) system that helps to regulate the temperature within a vehicle. It comprises an evaporator that boils the refrigerant and absorbs heat, a compressor that circulates the refrigerant and compresses vapors, and a condenser that cools down the surrounding air and liquefies the refrigerant. It can be operated manually or automatically to maintain a comfortable temperature inside the vehicle and to provide thermal comfort through sufficient ventilation, ensuring maximum comfort for passengers. As a result, automotive climate control systems find extensive applications in passenger cars and light, medium, and heavy commercial vehicles across the globe.
Automotive Climate Control Market Trends:
The automotive climate control market is primarily driven by the rising need for luxury vehicles. Moreover, hybrid and electric vehicle (H/EV) manufacturers are incorporating these systems with environment-friendly refrigerants to reduce carbon emissions, which is positively influencing the market growth. Additionally, the rising integration of innovative automobile sensors that detect and adjust the cabin temperature, defrost windows, demystify windshields, and dehumidify air based on outside temperature and humidity levels have catalyzed the market growth. Other factors, including ongoing research and development (R&D) activities aimed at creating energy-efficient systems, rapid expansion in the automotive sector, and inflating consumer disposable incomes, are also anticipated to propel the market growth.
Global Automotive Climate Control Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Air International Thermal Systems
Calsonic Kansei Corporation
Denso Corporation
Eberspächer Group
Hanon Systems
Japanese Climate Systems Corporation
Keihin Corporation, Mahle GmbH
Sanden Holdings Corporation
Subros Limited
Valeo SA Ltd.
The report has segmented the market on the basis on region, technology, component, vehicle type and distribution channel.
Breakup by Technology:
Automatic
Manual
Breakup by Component:
Condenser
Compressor
Relays and Control Valves
Evaporators and Thermostats
Drier/Receiver
Others
Breakup by Vehicle Type:
Passenger Cars
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
Breakup by Distribution Channel:
OEMs
Aftermarket
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/automotive-climate-control-market
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Other Reports:
Automotive Remote Diagnostics Market: https://www.imarcgroup.com/automotive-remote-diagnostics-market
Automotive Refinish Coatings Market: https://www.imarcgroup.com/automotive-refinish-coatings-market
Automotive Slipper Clutch Market: https://www.imarcgroup.com/automotive-slipper-clutch-market
Tire Pressure Monitoring System Market: https://www.imarcgroup.com/tire-pressure-monitoring-system-market
Contact Us:
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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