Automotive HVAC Market: Industry Growth Analysis, Top key Players & Regional Forecast to 2025
Category: #business  By Ronak Bora  Date: 2021-12-08
  • share
  • Twitter
  • Facebook
  • LinkedIn
Automotive HVAC Market: Industry Growth Analysis, Top key Players & Regional Forecast to 2025

The Automotive HVAC Market is set to grow from its current market value of more than USD 16 billion to over USD 25 billion. The automotive HVAC systems are capable of monitoring & controlling the cabin temperature of the vehicle to maintain an optimum level of convenience & comfort for the passengers. The increasing demand for these systems can also be attributed to the evolving El Nino phenomenon, the abnormal warming of the equatorial Pacific Ocean, which would be further intensifying the already increasing global temperature.

Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/371

According to the OICA, 16% of the global man-made CO2 emissions result from road transport, which justifies the tremendous amounts of investments being directed towards commercializing EV technology and advancing hybrid vehicle production. Generally, heat dissipated from the engine of a vehicles is utilized to control the temperatures in the cabin, making it difficult to easily provide heat in EVs, as they do not have a combustion engine.

The robust increase in the number of customers demanding luxury features & comfort in their vehicles is fueling the growth of automotive HVAC market. The demand in fact, is so significant that HVAC systems are now being integrated into entry-level vehicle models as a standard option.

Several solutions have been suggested by experts, institutes and government agencies to overcome these difficulties for ensuring a fast-paced growth of the EV industry. The automotive HVAC market will consequently need to evolve for meeting the future requirements of zero-emission vehicles. Describing one such effort to find effective solutions for EV heating and cooling systems, two Hyundai Sonatas PHEVs were tested by the National Renewable Energy Laboratory (NREL) in U.S. for a novel solution.

The automotive HVAC market will subsequently benefit from the increased demand for luxury cars and improved comfort features in low-priced cars as well as commercial vehicles. Introduction of automated systems in cars to control temperature and cooling functions will greatly transform the automotive HVAC industry dynamics.

Elaborating on the study, on of the vehicles was modified with a range of components for reducing climate control load, such as solar reflective glass, solar reflective paint, electrically-heated windshield and heated surfaces around the driver. The heated windshield was found to clear ice in 6 mins using only 0.1 kWh electricity and reached occupant comfort in only 15 mins. In comparison, the unmodified vehicle cleared ice in 19 mins by utilizing 2.6 kWh of power and reached occupant comfort in 29 mins. In a further study conduct using the vehicles at Hyundai’s premises, the modified Sonata exhibited a 11.4% increase in range and 23.7% decrease in energy usage by the HVAC system. The study indicates the importance of further developing the automotive HVAC market and the remarkable prospects it holds in expanding the sustainability of EVs.

Advent of fast-charging technologies for EVs has also made it necessary for installing effective cooling control in vehicles, as a vast quantity of heat is generated at the cable and battery level during super charging process. It must be noted that the efficacy of such cooling systems determine the overall range of an EV, and the life of batteries used in these cars. The potential of growth for the automotive HVAC industry from the development of EVs could be surmised from the fact that BMW expects 15% to 25% of its global sales to be composed of electric models by 2025.

In a nutshell, the unprecedented growth in the development of automobile manufacturing technologies and the augmentation of emerging EV platforms will drive the automotive HVAC industry, which is comprised of key players such as Denso Corporation, Calsonic Kansei Corporation, Hanon Systems and Air International Thermal Systems, among several others.

Get This Report Customized To Your Requirements @ https://www.decresearch.com/roc/371

Some Point from Table of Contents:

Chapter 4. Automotive HVAC Market, By Technology

4.1. Key trends in automotive HVAC industry, by technology

4.2. Automatic

4.2.1. Market estimates and forecast, 2015 - 2025

4.3. Manual

4.3.1. Market estimates and forecast, 2015 - 2025

Chapter 5. Automotive HVAC Market, By Vehicle Type

5.1. Key trends in automotive HVAC industry, by vehicle type

5.2. Passenger cars

5.2.1. Market estimates and forecast, 2015 - 2025

5.3. LCVs

5.3.1. Market estimates and forecast, 2015 - 2025

5.4. HCVs

5.4.1. Market estimates and forecast, 2015 - 2025

Chapter 6. Automotive HVAC Market, By Component

6.1. Key trends in automotive HVAC market, by component

6.2. Compressor

6.2.1. Market estimates and forecast, 2015 - 2025

6.3. Heat exchanging equipment

6.3.1. Market estimates and forecast, 2015 - 2025

6.4. Expansion device

6.4.1. Market estimates and forecast, 2015 – 2025

6.5. Receiver/drier

6.5.1. Market estimates and forecast, 2015 – 2025

Browse complete Table of Contents (ToC) of this research report @

https://www.decresearch.com/toc/detail/automotive-HVAC-market

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

Read More >>

More News By Ronak Bora

Electrical Conduit Market Statistics, Regional Growth & Forecast To 2024
Electrical Conduit Market Statistics, Regional Growth & Forecast To 2024
By Ronak Bora

Global electrical conduit market is poised to witness appreciable growth in the coming years owing to increasing efforts towards containing electric supply faults, health hazards, fire, and other operational breakdown. Electrical wiring is directly ...

GCC Natural Gas Market Outlook 2024 By Industry Players
GCC Natural Gas Market Outlook 2024 By Industry Players
By Ronak Bora

GCC natural gas market has been a recipient of the concerns related to energy security and climatic changes due to increasing fossil fuel consumption. In a bid to strengthen the regional sustainable energy scenario, GCC countries including Kuwait, UA...

Europe Residential Boiler Market | Opportunities, Key Trends & Growth Analysis To 2024
Europe Residential Boiler Market | Opportunities, Key Trends & Growth Analysis To 2024
By Ronak Bora

The shifting focus of European countries toward energy efficiency is certain to act as a driving force for Europe residential boiler industry. The increasing awareness about the adverse effects of fossil fuel consumption for energy generation has bee...