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Automotive HVAC-Global Market Insights and Sales Trends 2024
Synopsis
Automotive HVAC (HVAC is abbreviation for heating, ventilation and air conditioning systems) is a system consisting of three sub-systems that all work together to provide conditioned air to the cabin. The heating part can raise the temperature inside the car using heat from the engine. The ventilation part moves and directs the air within the cabin. And the air condition part can remove the heat from the car by cooling and dehumidifying the air with a refrigerant.
Automotive HVAC can make the drivers and passengers feel comfort and make driving pleasure, especially when the climate is harsh. The key components of a complete automotive HVAC system include heater core, thermostat, blower fan, HVAC controls, condenser, compressor and evaporator.
The global Automotive HVAC market size is expected to reach US$ 31120 million by 2029, growing at a CAGR of 2.7% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive HVAC in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling Automotive HVAC market. Manual HVAC, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Automatic HVAC segment is estimated at % CAGR for the next seven-year period.
In the market, the market concentration is relative high with the top 4 manufacturers (Denso, Hanon Systems, Valeo and MAHLE Behr) occupied market share more than 50%. These manufacturers have production plants around the world and supply products to automotive manufacturers around the world.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive HVAC, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive HVAC market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive HVAC market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive HVAC sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive HVAC covered in this report include Denso, Hanon Systems, Valeo, MAHLE Behr, Sanden, Calsonic Kansei, SONGZ Automobile, Eberspächer and Xinhang Yuxin, etc.
The global Automotive HVAC market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Denso
Hanon Systems
Valeo
MAHLE Behr
Sanden
Calsonic Kansei
SONGZ Automobile
Eberspächer
Xinhang Yuxin
Keihin
Gentherm
South Air International
Bergstrom
Xiezhong International
Shanghai Velle
Subros
Hubei Meibiao
Global Automotive HVAC market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive HVAC market, Segment by Type:
Manual HVAC
Automatic HVAC
Global Automotive HVAC market, by Application
Passenger Vehicle
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive HVAC manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive HVAC in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Automotive HVAC (HVAC is abbreviation for heating, ventilation and air conditioning systems) is a system consisting of three sub-systems that all work together to provide conditioned air to the cabin. The heating part can raise the temperature inside the car using heat from the engine. The ventilation part moves and directs the air within the cabin. And the air condition part can remove the heat from the car by cooling and dehumidifying the air with a refrigerant.
Automotive HVAC can make the drivers and passengers feel comfort and make driving pleasure, especially when the climate is harsh. The key components of a complete automotive HVAC system include heater core, thermostat, blower fan, HVAC controls, condenser, compressor and evaporator.
The global Automotive HVAC market size is expected to reach US$ 31120 million by 2029, growing at a CAGR of 2.7% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive HVAC in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling Automotive HVAC market. Manual HVAC, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Automatic HVAC segment is estimated at % CAGR for the next seven-year period.
In the market, the market concentration is relative high with the top 4 manufacturers (Denso, Hanon Systems, Valeo and MAHLE Behr) occupied market share more than 50%. These manufacturers have production plants around the world and supply products to automotive manufacturers around the world.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive HVAC, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive HVAC market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive HVAC market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive HVAC sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive HVAC covered in this report include Denso, Hanon Systems, Valeo, MAHLE Behr, Sanden, Calsonic Kansei, SONGZ Automobile, Eberspächer and Xinhang Yuxin, etc.
The global Automotive HVAC market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Denso
Hanon Systems
Valeo
MAHLE Behr
Sanden
Calsonic Kansei
SONGZ Automobile
Eberspächer
Xinhang Yuxin
Keihin
Gentherm
South Air International
Bergstrom
Xiezhong International
Shanghai Velle
Subros
Hubei Meibiao
Global Automotive HVAC market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive HVAC market, Segment by Type:
Manual HVAC
Automatic HVAC
Global Automotive HVAC market, by Application
Passenger Vehicle
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive HVAC manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive HVAC in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive HVAC Market Overview
1.1 Automotive HVAC Product Overview
1.2 Automotive HVAC Market Segment by Type
1.2.1 Manual HVAC
1.2.2 Automatic HVAC
1.3 Global Automotive HVAC Market Size by Type
1.3.1 Global Automotive HVAC Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive HVAC Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive HVAC Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive HVAC Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive HVAC Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive HVAC Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive HVAC Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive HVAC Sales Breakdown by Type (2018-2023)
2 Global Automotive HVAC Market Competition by Company
2.1 Global Top Players by Automotive HVAC Sales (2018-2023)
2.2 Global Top Players by Automotive HVAC Revenue (2018-2023)
2.3 Global Top Players by Automotive HVAC Price (2018-2023)
2.4 Global Top Manufacturers Automotive HVAC Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive HVAC Market Competitive Situation and Trends
2.5.1 Automotive HVAC Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive HVAC Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive HVAC as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive HVAC Market
2.8 Key Manufacturers Automotive HVAC Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive HVAC Status and Outlook by Region
3.1 Global Automotive HVAC Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive HVAC Historic Market Size by Region
3.2.1 Global Automotive HVAC Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive HVAC Sales in Value by Region (2018-2023)
3.2.3 Global Automotive HVAC Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive HVAC Forecasted Market Size by Region
3.3.1 Global Automotive HVAC Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive HVAC Sales in Value by Region (2024-2029)
3.3.3 Global Automotive HVAC Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive HVAC by Application
4.1 Automotive HVAC Market Segment by Application
4.1.1 Passenger Vehicle
4.1.2 Commercial Vehicle
4.2 Global Automotive HVAC Market Size by Application
4.2.1 Global Automotive HVAC Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive HVAC Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive HVAC Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive HVAC Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive HVAC Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive HVAC Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive HVAC Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive HVAC Sales Breakdown by Application (2018-2023)
5 North America Automotive HVAC by Country
5.1 North America Automotive HVAC Historic Market Size by Country
5.1.1 North America Automotive HVAC Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive HVAC Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive HVAC Sales in Value by Country (2018-2023)
5.2 North America Automotive HVAC Forecasted Market Size by Country
5.2.1 North America Automotive HVAC Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive HVAC Sales in Value by Country (2024-2029)
6 Europe Automotive HVAC by Country
6.1 Europe Automotive HVAC Historic Market Size by Country
6.1.1 Europe Automotive HVAC Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive HVAC Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive HVAC Sales in Value by Country (2018-2023)
6.2 Europe Automotive HVAC Forecasted Market Size by Country
6.2.1 Europe Automotive HVAC Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive HVAC Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive HVAC by Region
7.1 Asia-Pacific Automotive HVAC Historic Market Size by Region
7.1.1 Asia-Pacific Automotive HVAC Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive HVAC Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive HVAC Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive HVAC Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive HVAC Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive HVAC Sales in Value by Region (2024-2029)
8 Latin America Automotive HVAC by Country
8.1 Latin America Automotive HVAC Historic Market Size by Country
8.1.1 Latin America Automotive HVAC Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive HVAC Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive HVAC Sales in Value by Country (2018-2023)
8.2 Latin America Automotive HVAC Forecasted Market Size by Country
8.2.1 Latin America Automotive HVAC Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive HVAC Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive HVAC by Country
9.1 Middle East and Africa Automotive HVAC Historic Market Size by Country
9.1.1 Middle East and Africa Automotive HVAC Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive HVAC Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive HVAC Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive HVAC Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive HVAC Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive HVAC Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Denso
10.1.1 Denso Company Information
10.1.2 Denso Introduction and Business Overview
10.1.3 Denso Automotive HVAC Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Denso Automotive HVAC Products Offered
10.1.5 Denso Recent Development
10.2 Hanon Systems
10.2.1 Hanon Systems Company Information
10.2.2 Hanon Systems Introduction and Business Overview
10.2.3 Hanon Systems Automotive HVAC Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Hanon Systems Automotive HVAC Products Offered
10.2.5 Hanon Systems Recent Development
10.3 Valeo
10.3.1 Valeo Company Information
10.3.2 Valeo Introduction and Business Overview
10.3.3 Valeo Automotive HVAC Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Valeo Automotive HVAC Products Offered
10.3.5 Valeo Recent Development
10.4 MAHLE Behr
10.4.1 MAHLE Behr Company Information
10.4.2 MAHLE Behr Introduction and Business Overview
10.4.3 MAHLE Behr Automotive HVAC Sales, Revenue and Gross Margin (2018-2023)
10.4.4 MAHLE Behr Automotive HVAC Products Offered
10.4.5 MAHLE Behr Recent Development
10.5 Sanden
10.5.1 Sanden Company Information
10.5.2 Sanden Introduction and Business Overview
10.5.3 Sanden Automotive HVAC Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Sanden Automotive HVAC Products Offered
10.5.5 Sanden Recent Development
10.6 Calsonic Kansei
10.6.1 Calsonic Kansei Company Information
10.6.2 Calsonic Kansei Introduction and Business Overview
10.6.3 Calsonic Kansei Automotive HVAC Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Calsonic Kansei Automotive HVAC Products Offered
10.6.5 Calsonic Kansei Recent Development
10.7 SONGZ Automobile
10.7.1 SONGZ Automobile Company Information
10.7.2 SONGZ Automobile Introduction and Business Overview
10.7.3 SONGZ Automobile Automotive HVAC Sales, Revenue and Gross Margin (2018-2023)
10.7.4 SONGZ Automobile Automotive HVAC Products Offered
10.7.5 SONGZ Automobile Recent Development
10.8 Eberspächer
10.8.1 Eberspächer Company Information
10.8.2 Eberspächer Introduction and Business Overview
10.8.3 Eberspächer Automotive HVAC Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Eberspächer Automotive HVAC Products Offered
10.8.5 Eberspächer Recent Development
10.9 Xinhang Yuxin
10.9.1 Xinhang Yuxin Company Information
10.9.2 Xinhang Yuxin Introduction and Business Overview
10.9.3 Xinhang Yuxin Automotive HVAC Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Xinhang Yuxin Automotive HVAC Products Offered
10.9.5 Xinhang Yuxin Recent Development
10.10 Keihin
10.10.1 Keihin Company Information
10.10.2 Keihin Introduction and Business Overview
10.10.3 Keihin Automotive HVAC Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Keihin Automotive HVAC Products Offered
10.10.5 Keihin Recent Development
10.11 Gentherm
10.11.1 Gentherm Company Information
10.11.2 Gentherm Introduction and Business Overview
10.11.3 Gentherm Automotive HVAC Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Gentherm Automotive HVAC Products Offered
10.11.5 Gentherm Recent Development
10.12 South Air International
10.12.1 South Air International Company Information
10.12.2 South Air International Introduction and Business Overview
10.12.3 South Air International Automotive HVAC Sales, Revenue and Gross Margin (2018-2023)
10.12.4 South Air International Automotive HVAC Products Offered
10.12.5 South Air International Recent Development
10.13 Bergstrom
10.13.1 Bergstrom Company Information
10.13.2 Bergstrom Introduction and Business Overview
10.13.3 Bergstrom Automotive HVAC Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Bergstrom Automotive HVAC Products Offered
10.13.5 Bergstrom Recent Development
10.14 Xiezhong International
10.14.1 Xiezhong International Company Information
10.14.2 Xiezhong International Introduction and Business Overview
10.14.3 Xiezhong International Automotive HVAC Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Xiezhong International Automotive HVAC Products Offered
10.14.5 Xiezhong International Recent Development
10.15 Shanghai Velle
10.15.1 Shanghai Velle Company Information
10.15.2 Shanghai Velle Introduction and Business Overview
10.15.3 Shanghai Velle Automotive HVAC Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Shanghai Velle Automotive HVAC Products Offered
10.15.5 Shanghai Velle Recent Development
10.16 Subros
10.16.1 Subros Company Information
10.16.2 Subros Introduction and Business Overview
10.16.3 Subros Automotive HVAC Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Subros Automotive HVAC Products Offered
10.16.5 Subros Recent Development
10.17 Hubei Meibiao
10.17.1 Hubei Meibiao Company Information
10.17.2 Hubei Meibiao Introduction and Business Overview
10.17.3 Hubei Meibiao Automotive HVAC Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Hubei Meibiao Automotive HVAC Products Offered
10.17.5 Hubei Meibiao Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive HVAC Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive HVAC Industrial Chain Analysis
11.4 Automotive HVAC Market Dynamics
11.4.1 Automotive HVAC Industry Trends
11.4.2 Automotive HVAC Market Drivers
11.4.3 Automotive HVAC Market Challenges
11.4.4 Automotive HVAC Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive HVAC Distributors
12.3 Automotive HVAC Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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