Fact.MR uses a bottom-up data collection approach for collecting Automotive HVAC market demand side historical and base year data. The historical and base year Automotive HVAC market sizing is based on the vehicle production and vehicle parc (fleet on road). For OEM Automotive HVAC market analysis, the team tracks the vehicle production across the prominent countries/regions and then cross map the same with the average usage of the product in a type of vehicle (passenger car, light commercial vehicle, heavy commercial vehicle, and two wheeler). For aftermarket, the team tracks the vehicle parc (vehicle-on-road) for prominent countries/regions and cross map the same with the replacement rate of the product in a given year for each vehicle type.
Fact.MR offers a 10-year forecast for the automotive HVAC between 2018 and 2027. In terms of value, the automotive HVAC market is expected to register a CAGR of 7.5% during the forecast period (2018–2027). The study offers key trends that are currently influencing the growth of the automotive HVAC market.
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Key Segments Covered in Automotive HVAC Report:
On the basis of vehicle type, the Automotive HVAC market can be segmented into:
On the basis of technology, the Automotive HVAC market can be segmented into:
On the basis of component, the Automotive HVAC market can be segmented into:
On the basis of region, the Automotive HVAC market can be segmented into:
A comprehensive estimate of the Automotive HVAC market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Automotive HVAC during the forecast period. Price point comparison by region with the global average price is also considered in the study.
The secondary research includes Automotive HVAC market data and information presentations by researchers, institutions, company annual reports, investor presentations, annual filings, scholarly journals, white papers, research documents, trade journals, and other sources such as International Organization of Motor Vehicle Manufacturers (OICA), Society of Indian Automobile Manufacturers (SIAM), Japan Automobile Manufacturers Association, Inc. (JAMA), ASEAN Automotive Federation (AAF), Korea Automobile Manufacturers Association (KAMA), European Automobile Manufacturers Association (ACEA), The Society of Motor Manufacturers and Traders Ltd (SMMT), , The World Bank, International Monetary Fund (IMF), and MarkLines among others.
Some Notable Offerings by Fact.MR Report on Automotive HVAC market:
Some of the Automotive HVAC Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides:
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After reading the Market insights of Automotive HVAC Report, readers can:
How Fact.MR Assists in Making Strategic Moves For Automotive HVAC Market Manufacturer?
Analysis by Region:
On the basis of region, the global Automotive HVAC market is segmented into North America, Latin America, Europe, Japan, Asia-Pacific excluding Japan (APEJ) and MEA.
Among these regions, the APEJ automotive HVAC market is projected to exhibit relatively higher growth in the global automotive HVAC market with a CAGR of over 8.0% during the forecast period.
Revenue from the automotive HVAC market in North America and Europe is expected to collectively account for more than 40% of the global automotive HVAC market revenue in 2018.
Key competitors in Automotive HVAC market are as Sensata Technologies., The Keihin Corporation, Calsonic Kansei Corporation, Sanden Corporation, Valeo, Denso Corporation, Hanon Systems, MAHLE GmbH, Johnson Electric Holdings Limited, and Japan Climate Systems Corporation.
Vendors in the automotive HVAC market are focusing on launching new products with advanced features to gain a competitive edge in the market, also the vendors are highly focused on merger and acquisition strategy.
In 2015, Mahle Group acquired Delphi Automotive’s thermal business to augment its market penetration and product offering. Delphi Automotive was recognized as top five industry players and this acquisition has poised to give significant competitive edge to Mahle Group over other competitors
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